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Heineken Holding NV
AEX:HEIO

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Heineken Holding NV
AEX:HEIO
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Price: 60.1 EUR 1.35%
Market Cap: €17.3B

EV/IC

0.7
Current
4%
Cheaper
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
€31.6B
/
Invested Capital
€39.1B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
€31.6B
/
Invested Capital
€39.1B

Valuation Scenarios

Heineken Holding NV is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth €62.88 (5% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+55%
Average Upside
26%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.7 €60.1
0%
3-Year Average 0.8 €62.88
+5%
5-Year Average 0.8 €64.84
+8%
Industry Average 1 €81.73
+36%
Country Average 1.2 €93.43
+55%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Lower than 73% of companies in Netherlands
Percentile
27th
Based on 560 companies
27th percentile
0.7
Low
0 — 0.8
Typical Range
0.8 — 1.9
High
1.9 —
Distribution Statistics
Netherlands
Min 0
30th Percentile 0.8
Median 1.2
70th Percentile 1.9
Max 36 345.7

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.

HEIO Intrinsic Value
138.95 EUR
Undervaluation 57%
Intrinsic Value
Price €60.1
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