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Heineken Holding NV
AEX:HEIO

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Heineken Holding NV
AEX:HEIO
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Price: 65.5 EUR 0.23%
Market Cap: €18.9B

Relative Value

The Relative Value of one HEIO stock under the Base Case scenario is 138.6 EUR. Compared to the current market price of 65.5 EUR, Heineken Holding NV is Undervalued by 53%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HEIO Relative Value
Base Case
138.6 EUR
Undervaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

HEIO Competitors Multiples
Heineken Holding NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Heineken Holding NV
AEX:HEIO
18.2B EUR 0.6 19.1 4.8 8
BE
Anheuser Busch Inbev SA
XETRA:1NBA
122.1B EUR 2.4 21.1 9.6 13
BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR 2.2 28 9.8 13.4
NL
Heineken NV
AEX:HEIA
38.9B EUR 1.4 20.9 8.2 14
BR
Ambev SA
BOVESPA:ABEV3
233.5B BRL 2.6 15.1 7.3 9.5
DK
Carlsberg A/S
CSE:CARL B
114.3B DKK 1.3 19.3 9.3 13.2
JP
Asahi Group Holdings Ltd
TSE:2502
2.4T JPY 0.8 13.8 7.6 12.3
JP
Kirin Holdings Co Ltd
TSE:2503
2.1T JPY 0.9 14.3 9 13.4
HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
99.2B HKD 2.2 25.9 6.3 10.4
CN
Tsingtao Brewery Co Ltd
SSE:600600
87B CNY 2.7 18.8 12 12
HK
China Resources Beer Holdings Co Ltd
HKEX:291
82.9B HKD 1.9 12.5 9 9
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett