Heineken NV
AEX:HEIA

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Heineken NV
AEX:HEIA
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Price: 68.46 EUR 0.32% Market Closed
Market Cap: 38.7B EUR
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Relative Value

The Relative Value of one HEIA stock under the Base Case scenario is 121.14 EUR. Compared to the current market price of 68.46 EUR, Heineken NV is Undervalued by 43%.

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.

HEIA Relative Value
Base Case
121.14 EUR
Undervaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
47
Median 3Y
1.8
Median 5Y
2
Industry
1.7
Forward
1.3
vs History
28
vs Industry
29
Median 3Y
20.3
Median 5Y
21
Industry
19.9
Forward
14.4
vs History
98
vs Industry
40
Median 3Y
11.7
Median 5Y
12.1
Industry
13.6
vs History
28
vs Industry
31
Median 3Y
36.2
Median 5Y
24.8
Industry
21.4
vs History
98
vs Industry
34
Median 3Y
2.6
Median 5Y
2.8
Industry
2.2
vs History
98
vs Industry
43
Median 3Y
2.2
Median 5Y
2.5
Industry
1.9
Forward
1.7
vs History
50
vs Industry
51
Median 3Y
8.6
Median 5Y
8.6
Industry
5.1
vs History
98
vs Industry
47
Median 3Y
10
Median 5Y
11.1
Industry
12.2
Forward
7.9
vs History
96
vs Industry
33
Median 3Y
16.3
Median 5Y
16.8
Industry
15.7
Forward
12.3
vs History
98
vs Industry
33
Median 3Y
14.6
Median 5Y
15
Industry
14.6
vs History
98
vs Industry
15
Median 3Y
25
Median 5Y
26.8
Industry
20.3
vs History
98
vs Industry
46
Median 3Y
1.5
Median 5Y
1.6
Industry
1.6

Multiples Across Competitors

HEIA Competitors Multiples
Heineken 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 NV
AEX:HEIA
38.7B EUR 1.3 36.8 7 12.6
BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR 2 24.7 9.1 12.4
BE
Anheuser Busch Inbev SA
XETRA:1NBA
95.1B EUR 1.7 15.2 8.1 11.1
BR
Ambev SA
BOVESPA:ABEV3
192.2B BRL 2.3 13.8 27.1 0
NL
Heineken Holding NV
AEX:HEIO
16.3B EUR 0.5 30.3 4.6 9.4
JP
Asahi Group Holdings Ltd
TSE:2502
2.5T JPY 0.9 14.4 8.9 14.5
CN
Tsingtao Brewery Co Ltd
SSE:600600
106.4B CNY 3.3 24.5 16.4 16.4
CA
Molson Coors Canada Inc
OTC:MXGBF
13.3B USD 0 0 0 0
DK
Carlsberg A/S
CSE:CARL B
90.6B DKK 1.2 -2.2 7.5 10.4
HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
96.8B HKD 1.9 17.3 4.7 8.5
US
Molson Coors Beverage Co
NYSE:TAP
12.1B USD 1 12.9 7 9.7

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