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Heineken Holding NV
OTC:HKHHF

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Heineken Holding NV
OTC:HKHHF
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Price: 68.93 USD Market Closed
Market Cap: $19.5B

P/E

17.6
Current
4%
Cheaper
vs 3-y average of 18.3

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
17.6
=
Market Cap
$19.3B
/
Net Income
€952m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
17.6
=
Market Cap
$19.3B
/
Net Income
€952m

Valuation Scenarios

Heineken Holding NV is trading below its 3-year average

If P/E returns to its 3-Year Average (18.3), the stock would be worth $71.52 (4% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+20%
Average Upside
8%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 17.6 $68.93
0%
3-Year Average 18.3 $71.52
+4%
5-Year Average 17.9 $69.87
+1%
Industry Average 21.2 $82.77
+20%
Country Average 18.8 $73.42
+7%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
$19.3B
/
Jan 2026
€952m
=
17.6
Current
$19.3B
/
Dec 2026
€1.7B
=
11.5
Forward
$19.3B
/
Dec 2027
€1.9B
=
10.3
Forward
$19.3B
/
Dec 2028
€2.1B
=
9.2
Forward
$19.3B
/
Dec 2029
€2.4B
=
8.2
Forward
$19.3B
/
Dec 2030
€2.6B
=
7.3
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Netherlands
Percentile
53nd
Based on 422 companies
53nd percentile
20.1
Low
0 — 12.6
Typical Range
12.6 — 27.8
High
27.8 —
Distribution Statistics
Netherlands
Min 0
30th Percentile 12.6
Median 18.8
70th Percentile 27.8
Max 9 795.6

Heineken Holding NV
Glance View

Heineken Holding NV, nestled in the Netherlands, is a titan in the global beer industry, anchoring a legacy that extends back to 1864. The company functions as the guardian of Heineken NV’s economic and brand interests, ensuring the strategic direction aligns with its historical excellence while steering into new markets. At the heart of its operation is a blend of tradition and innovation, where the classic lager, known for its signature green bottle and red star, meets a diversified portfolio of craft beers and ciders. This progression is not just about preserving a storied past but also about adapting to contemporary tastes and preferences. By focusing on premiumization, Heineken targets the growing demand for premium and super-premium drinks across various markets. Financially, Heineken Holding NV generates revenue through its vast and strategic global footprint, which spans more than 190 countries. The company's strategy primarily involves maintaining a robust distribution network, forging partnerships with local distributors, and investing in marketing to promote its diverse range of beverages. Moreover, the company retains a discerning approach to mergers and acquisitions, capturing growth by expanding its product pipeline and reaching previously untapped markets. This holistic approach not only fuels its revenue streams but also fortifies its market position against fierce competition in the beverage sector. Ultimately, Heineken Holding NV thrives on delivering quality while leveraging its extensive brand equity to sustain profitability and growth.

HKHHF Intrinsic Value
145.29 USD
Undervaluation 53%
Intrinsic Value
Price $68.93
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