Heineken N.V. Logo

Heineken N.V.

HEIA.AS

(1.8)
Stock Price

81,06 EUR

4.44% ROA

11.68% ROE

35.01x PER

Market Cap.

52.207.718.548,00 EUR

102.35% DER

2.08% Yield

7.59% NPM

Heineken N.V. Stock Analysis

Heineken N.V. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Heineken N.V. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

2 ROE

ROE in an average range (10.26%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (4.44%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (2.47x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

7 DER

The stock is burdened with a heavy load of debt (102%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-7.189), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Heineken N.V. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Heineken N.V. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Heineken N.V. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Heineken N.V. Revenue
Year Revenue Growth
1999 7.148.000.000
2000 8.107.000.000 11.83%
2001 9.163.000.000 11.52%
2002 10.293.000.000 10.98%
2003 9.255.000.000 -11.22%
2004 10.005.000.000 7.5%
2005 10.796.000.000 7.33%
2006 11.829.000.000 8.73%
2007 12.564.000.000 5.85%
2008 14.319.000.000 12.26%
2009 14.742.000.000 2.87%
2010 16.133.000.000 8.62%
2011 17.123.000.000 5.78%
2012 18.383.000.000 6.85%
2013 19.203.000.000 4.27%
2014 19.257.000.000 0.28%
2015 20.511.000.000 6.11%
2016 20.792.000.000 1.35%
2017 21.888.000.000 5.01%
2018 22.471.000.000 2.59%
2019 23.969.000.000 6.25%
2020 19.715.000.000 -21.58%
2021 21.941.000.000 10.15%
2022 28.719.000.000 23.6%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Heineken N.V. Research and Development Expenses
Year Research and Development Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Heineken N.V. General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 1.642.000.000 100%
2003 1.832.000.000 10.37%
2004 1.957.000.000 6.39%
2005 2.180.000.000 10.23%
2006 2.241.000.000 2.72%
2007 2.165.000.000 -3.51%
2008 2.415.000.000 10.35%
2009 2.379.000.000 -1.51%
2010 2.680.000.000 11.23%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Heineken N.V. EBITDA
Year EBITDA Growth
1999 1.227.000.000
2000 1.389.000.000 11.66%
2001 1.601.000.000 13.24%
2002 1.859.000.000 13.88%
2003 1.967.000.000 5.49%
2004 1.881.000.000 -4.57%
2005 2.136.000.000 11.94%
2006 2.681.000.000 20.33%
2007 2.333.000.000 -14.92%
2008 2.270.000.000 -2.78%
2009 3.144.000.000 27.8%
2010 3.675.000.000 14.45%
2011 3.533.000.000 -4.02%
2012 3.814.000.000 7.37%
2013 4.086.000.000 6.66%
2014 4.122.000.000 0.87%
2015 4.319.000.000 4.56%
2016 4.624.000.000 6.6%
2017 5.018.000.000 7.85%
2018 4.940.000.000 -1.58%
2019 5.736.000.000 13.88%
2020 3.531.000.000 -62.45%
2021 6.552.000.000 46.11%
2022 6.157.000.000 -6.42%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Heineken N.V. Gross Profit
Year Gross Profit Growth
1999 3.343.000.000
2000 3.783.000.000 11.63%
2001 4.244.000.000 10.86%
2002 4.735.000.000 10.37%
2003 3.698.000.000 -28.04%
2004 3.978.000.000 7.04%
2005 4.139.000.000 3.89%
2006 4.453.000.000 7.05%
2007 4.402.000.000 -1.16%
2008 4.771.000.000 7.73%
2009 5.092.000.000 6.3%
2010 5.842.000.000 12.84%
2011 6.157.000.000 5.12%
2012 6.534.000.000 5.77%
2013 7.017.000.000 6.88%
2014 7.204.000.000 2.6%
2015 7.580.000.000 4.96%
2016 7.789.000.000 2.68%
2017 8.348.000.000 6.7%
2018 8.504.000.000 1.83%
2019 9.377.000.000 9.31%
2020 7.265.000.000 -29.07%
2021 8.406.000.000 13.57%
2022 10.101.000.000 16.78%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Heineken N.V. Net Profit
Year Net Profit Growth
1999 516.000.000
2000 621.000.000 16.91%
2001 767.000.000 19.04%
2002 857.000.000 10.5%
2003 798.000.000 -7.39%
2004 537.000.000 -48.6%
2005 761.000.000 29.43%
2006 1.211.000.000 37.16%
2007 807.000.000 -50.06%
2008 209.000.000 -286.12%
2009 1.018.000.000 79.47%
2010 1.436.000.000 29.11%
2011 1.430.000.000 -0.42%
2012 2.949.000.000 51.51%
2013 1.364.000.000 -116.2%
2014 1.516.000.000 10.03%
2015 1.892.000.000 19.87%
2016 1.540.000.000 -22.86%
2017 1.935.000.000 20.41%
2018 1.903.000.000 -1.68%
2019 2.166.000.000 12.14%
2020 -88.000.000 2561.36%
2021 3.324.000.000 102.65%
2022 3.039.000.000 -9.38%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Heineken N.V. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 1
2000 1 0%
2001 1 0%
2002 2 0%
2003 2 0%
2004 1 0%
2005 2 0%
2006 2 50%
2007 2 -100%
2008 0 0%
2009 2 100%
2010 3 0%
2011 2 0%
2012 5 60%
2013 2 -150%
2014 3 0%
2015 3 33.33%
2016 3 -50%
2017 3 33.33%
2018 3 0%
2019 4 0%
2020 0 0%
2021 6 100%
2022 5 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Heineken N.V. Free Cashflow
Year Free Cashflow Growth
1999 495.000.000
2000 617.000.000 19.77%
2001 569.000.000 -8.44%
2002 453.000.000 -25.61%
2003 1.000.000.000 54.7%
2004 620.000.000 -61.29%
2005 998.000.000 37.88%
2006 972.000.000 -2.67%
2007 585.000.000 -66.15%
2008 400.000.000 -46.25%
2009 1.602.000.000 75.03%
2010 1.953.000.000 17.97%
2011 2.055.000.000 4.96%
2012 1.447.000.000 -42.02%
2013 1.468.000.000 1.43%
2014 1.507.000.000 2.59%
2015 1.759.000.000 14.33%
2016 1.852.000.000 5.02%
2017 2.049.000.000 9.61%
2018 2.333.000.000 12.17%
2019 2.236.000.000 -4.34%
2020 1.496.000.000 -49.47%
2021 2.584.000.000 42.11%
2022 621.250.000 -315.94%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Heineken N.V. Operating Cashflow
Year Operating Cashflow Growth
1999 936.000.000
2000 1.035.000.000 9.57%
2001 1.165.000.000 11.16%
2002 1.184.000.000 1.6%
2003 1.637.000.000 27.67%
2004 1.277.000.000 -28.19%
2005 1.872.000.000 31.78%
2006 1.849.000.000 -1.24%
2007 1.730.000.000 -6.88%
2008 1.660.000.000 -4.22%
2009 2.379.000.000 30.22%
2010 2.657.000.000 10.46%
2011 2.911.000.000 8.73%
2012 2.695.000.000 -8.01%
2013 2.914.000.000 7.52%
2014 3.058.000.000 4.71%
2015 3.489.000.000 12.35%
2016 3.718.000.000 6.16%
2017 3.882.000.000 4.22%
2018 4.388.000.000 11.53%
2019 4.337.000.000 -1.18%
2020 3.136.000.000 -38.3%
2021 4.181.000.000 24.99%
2022 1.124.000.000 -271.98%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Heineken N.V. Capital Expenditure
Year Capital Expenditure Growth
1999 441.000.000
2000 418.000.000 -5.5%
2001 596.000.000 29.87%
2002 731.000.000 18.47%
2003 637.000.000 -14.76%
2004 657.000.000 3.04%
2005 874.000.000 24.83%
2006 877.000.000 0.34%
2007 1.145.000.000 23.41%
2008 1.260.000.000 9.13%
2009 777.000.000 -62.16%
2010 704.000.000 -10.37%
2011 856.000.000 17.76%
2012 1.248.000.000 31.41%
2013 1.446.000.000 13.69%
2014 1.551.000.000 6.77%
2015 1.730.000.000 10.35%
2016 1.866.000.000 7.29%
2017 1.833.000.000 -1.8%
2018 2.055.000.000 10.8%
2019 2.101.000.000 2.19%
2020 1.640.000.000 -28.11%
2021 1.597.000.000 -2.69%
2022 502.750.000 -217.65%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Heineken N.V. Equity
Year Equity Growth
1999 2.618.000.000
2000 2.396.000.000 -9.27%
2001 3.139.000.000 23.67%
2002 2.543.000.000 -23.44%
2003 3.167.000.000 19.7%
2004 3.379.000.000 6.27%
2005 3.969.000.000 14.87%
2006 5.009.000.000 20.76%
2007 5.404.000.000 7.31%
2008 4.471.000.000 -20.87%
2009 5.351.000.000 16.45%
2010 10.228.000.000 47.68%
2011 9.774.000.000 -4.64%
2012 11.691.000.000 16.4%
2013 11.402.000.000 -2.53%
2014 12.409.000.000 8.12%
2015 13.535.000.000 8.32%
2016 13.238.000.000 -2.24%
2017 13.321.000.000 0.62%
2018 15.540.000.000 14.28%
2019 17.311.000.000 10.23%
2020 14.392.000.000 -20.28%
2021 19.700.000.000 26.94%
2022 21.920.000.000 10.13%
2023 22.063.000.000 0.65%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Heineken N.V. Assets
Year Assets Growth
1999 6.017.000.000
2000 6.289.000.000 4.33%
2001 7.217.000.000 12.86%
2002 7.781.000.000 7.25%
2003 10.897.000.000 28.6%
2004 10.418.000.000 -4.6%
2005 11.829.000.000 11.93%
2006 12.997.000.000 8.99%
2007 12.968.000.000 -0.22%
2008 20.563.000.000 36.94%
2009 20.180.000.000 -1.9%
2010 26.549.000.000 23.99%
2011 27.127.000.000 2.13%
2012 35.979.000.000 24.6%
2013 33.337.000.000 -7.93%
2014 34.830.000.000 4.29%
2015 37.714.000.000 7.65%
2016 39.321.000.000 4.09%
2017 41.034.000.000 4.17%
2018 41.956.000.000 2.2%
2019 46.504.000.000 9.78%
2020 42.632.000.000 -9.08%
2021 48.850.000.000 12.73%
2022 52.406.000.000 6.79%
2023 56.913.000.000 7.92%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Heineken N.V. Liabilities
Year Liabilities Growth
1999 3.151.000.000
2000 3.769.000.000 16.4%
2001 4.078.000.000 7.58%
2002 4.845.000.000 15.83%
2003 6.998.000.000 30.77%
2004 6.556.000.000 -6.74%
2005 7.315.000.000 10.38%
2006 7.477.000.000 2.17%
2007 7.022.000.000 -6.48%
2008 15.811.000.000 55.59%
2009 14.533.000.000 -8.79%
2010 16.032.000.000 9.35%
2011 17.035.000.000 5.89%
2012 23.217.000.000 26.63%
2013 20.981.000.000 -10.66%
2014 21.378.000.000 1.86%
2015 22.644.000.000 5.59%
2016 24.748.000.000 8.5%
2017 26.513.000.000 6.66%
2018 26.416.000.000 -0.37%
2019 29.193.000.000 9.51%
2020 28.240.000.000 -3.37%
2021 29.150.000.000 3.12%
2022 30.486.000.000 4.38%
2023 34.850.000.000 12.52%

Heineken N.V. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
24.94
Net Income per Share
2.64
Price to Earning Ratio
35.01x
Price To Sales Ratio
3.64x
POCF Ratio
23.66
PFCF Ratio
42.02
Price to Book Ratio
2.74
EV to Sales
4.87
EV Over EBITDA
22.7
EV to Operating CashFlow
31.09
EV to FreeCashFlow
56.25
Earnings Yield
0.03
FreeCashFlow Yield
0.02
Market Cap
52,21 Bil.
Enterprise Value
69,90 Bil.
Graham Number
44.73
Graham NetNet
-53.41

Income Statement Metrics

Net Income per Share
2.64
Income Quality
1.48
ROE
0.1
Return On Assets
0.04
Return On Capital Employed
0.07
Net Income per EBT
1
EBT Per Ebit
0.78
Ebit per Revenue
0.1
Effective Tax Rate
0.05

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.1
Operating Profit Margin
0.1
Pretax Profit Margin
0.08
Net Profit Margin
0.08

Dividends

Dividend Yield
0.02
Dividend Yield %
2.08
Payout Ratio
0.36
Dividend Per Share
1.92

Operating Metrics

Operating Cashflow per Share
3.9
Free CashFlow per Share
2.16
Capex to Operating CashFlow
-0.45
Capex to Revenue
-0.07
Capex to Depreciation
-1.07
Return on Invested Capital
0.04
Return on Tangible Assets
0.04
Days Sales Outstanding
0
Days Payables Outstanding
382.06
Days of Inventory on Hand
171.34
Receivables Turnover
0
Payables Turnover
0.96
Inventory Turnover
2.13
Capex per Share
-1.75

Balance Sheet

Cash per Share
3,33
Book Value per Share
33,70
Tangible Book Value per Share
38.32
Shareholders Equity per Share
33.7
Interest Debt per Share
34.89
Debt to Equity
1.02
Debt to Assets
0.35
Net Debt to EBITDA
5.75
Current Ratio
0.77
Tangible Asset Value
-0,59 Bil.
Net Current Asset Value
-22,01 Bil.
Invested Capital
1.02
Working Capital
-3,90 Bil.
Intangibles to Total Assets
0.4
Average Receivables
0,00 Bil.
Average Payables
9,51 Bil.
Average Inventory
3810000000
Debt to Market Cap
0.38

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Heineken N.V. Dividends
Year Dividends Growth
2001 0
2002 0 0%
2003 0 0%
2004 1 0%
2005 2 100%
2006 0 0%
2007 1 100%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 2 0%
2019 2 0%
2020 1 0%
2021 1 0%
2022 1 100%
2023 2 0%

Heineken N.V. Profile

About Heineken N.V.

Heineken N.V. engages in the brewing and selling of beer and cider. It also provides soft drinks and water. It offers its beers under the Heineken, Amstel, Desperados, Sol, Tiger, Birra Moretti, Affligem, Lagunitas, and Mort Subite brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Orchard Thieves, Follow The Fox, Cidrerie Stassen, Bulmers, Old Mout, and Blind Pig brands. The company offers its products to retailers, bars, pubs, hotels, and restaurants in Europe, Americas, Africa, the Middle East, Eastern Europe, and the Asia Pacific markets. The company was founded in 1864 and is based in Amsterdam, the Netherlands. Heineken N.V. is a subsidiary of Heineken Holding N.V.

CEO
Mr. Rudolf Gijsbert Servaas va
Employee
90.000
Address
Tweede Weteringplantsoen 21
Amsterdam, 1017 ZD

Heineken N.V. Executives & BODs

Heineken N.V. Executives & BODs
# Name Age
1 Mr. Frans Erik Eusman
Executive Director of Global Audit
70
2 Mr. Roland Jacques M. Pirmez
President of Africa, Middle East & Eastern Europe
70
3 Mr. Jan Cornelis van der Linden
President of the Asia Pacific Region
70
4 Mr. Ronald den Elzen
Chief Digital & Technology Officer
70
5 Magne Setnes
Chief Supply Chain Officer
70
6 Mr. Marc Busain
President of Americas
70
7 Mr. Ernst Willem Arnod Van de Weert
Executive Director of Global Legal Affairs
70
8 Mr. Rudolf Gijsbert Servaas van den Brink
Chairman of the Executive Board & Chief Executive Officer
70
9 Mr. Harold P. J. van den Broek
Chief Financial Officer & Member of Executive Board
70
10 Ms. Yolanda Talamo
Chief People Officer
70

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