HEINEKEN NV (HNK1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:HNK1 - NL0000009165 - Common Stock
68.28 EUR
-0.12 (-0.18%)
HNK1 gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Beverages industry. HNK1 has a medium profitability rating, but doesn't score so well on its financial health evaluation. HNK1 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year HNK1 was profitable.
In the past year HNK1 had a positive cash flow from operations.
HNK1 had positive earnings in 4 of the past 5 years.
In the past 5 years HNK1 always reported a positive cash flow from operatings.
1.2 Ratios
HNK1 has a Return On Assets of 3.52%. This is comparable to the rest of the industry: HNK1 outperforms 53.33% of its industry peers.
HNK1 has a Return On Equity of 10.26%. This is comparable to the rest of the industry: HNK1 outperforms 56.67% of its industry peers.
With a decent Return On Invested Capital value of 7.88%, HNK1 is doing good in the industry, outperforming 70.00% of the companies in the same industry.
HNK1 had an Average Return On Invested Capital over the past 3 years of 7.43%. This is in line with the industry average of 8.33%.
The last Return On Invested Capital (7.88%) for HNK1 is above the 3 year average (7.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.52% | ||
| ROE | 10.26% | ||
| ROIC | 7.88% |
ROA(3y)3.7%
ROA(5y)3.49%
ROE(3y)10.07%
ROE(5y)9.57%
ROIC(3y)7.43%
ROIC(5y)6.62%
1.3 Margins
The Profit Margin of HNK1 (6.23%) is worse than 66.67% of its industry peers.
In the last couple of years the Profit Margin of HNK1 has declined.
HNK1 has a worse Operating Margin (13.57%) than 60.00% of its industry peers.
In the last couple of years the Operating Margin of HNK1 has declined.
HNK1 has a worse Gross Margin (20.20%) than 93.33% of its industry peers.
HNK1's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.57% | ||
| PM (TTM) | 6.23% | ||
| GM | 20.2% |
OM growth 3Y-1.92%
OM growth 5Y-3.32%
PM growth 3Y-40.01%
PM growth 5Y-18.4%
GM growth 3Y-0.45%
GM growth 5Y-1.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HNK1 is still creating some value.
The number of shares outstanding for HNK1 remains at a similar level compared to 1 year ago.
HNK1 has less shares outstanding than it did 5 years ago.
The debt/assets ratio for HNK1 has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.00 indicates that HNK1 is not a great score, but indicates only limited risk for bankruptcy at the moment.
HNK1 has a Altman-Z score (2.00) which is comparable to the rest of the industry.
The Debt to FCF ratio of HNK1 is 6.57, which is on the high side as it means it would take HNK1, 6.57 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of HNK1 (6.57) is better than 63.33% of its industry peers.
HNK1 has a Debt/Equity ratio of 0.86. This is a neutral value indicating HNK1 is somewhat dependend on debt financing.
HNK1 has a Debt to Equity ratio (0.86) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 6.57 | ||
| Altman-Z | 2 |
ROIC/WACC1.31
WACC6.03%
2.3 Liquidity
HNK1 has a Current Ratio of 0.75. This is a bad value and indicates that HNK1 is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.75, HNK1 is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
HNK1 has a Quick Ratio of 0.75. This is a bad value and indicates that HNK1 is not financially healthy enough and could expect problems in meeting its short term obligations.
HNK1 has a worse Quick ratio (0.51) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
HNK1 shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.61%.
The Earnings Per Share has been growing slightly by 2.21% on average over the past years.
Looking at the last year, HNK1 shows a decrease in Revenue. The Revenue has decreased by -4.84% in the last year.
The Revenue has been growing slightly by 4.53% on average over the past years.
EPS 1Y (TTM)0.61%
EPS 3Y11.33%
EPS 5Y2.21%
EPS Q2Q%-3.17%
Revenue 1Y (TTM)-4.84%
Revenue growth 3Y10.88%
Revenue growth 5Y4.53%
Sales Q2Q%-4.34%
3.2 Future
HNK1 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.12% yearly.
Based on estimates for the next years, HNK1 will show a small growth in Revenue. The Revenue will grow by 3.16% on average per year.
EPS Next Y-2.88%
EPS Next 2Y3.3%
EPS Next 3Y5.16%
EPS Next 5Y6.12%
Revenue Next Year-3.49%
Revenue Next 2Y0.49%
Revenue Next 3Y1.79%
Revenue Next 5Y3.16%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.17, HNK1 is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of HNK1 indicates a somewhat cheap valuation: HNK1 is cheaper than 70.00% of the companies listed in the same industry.
HNK1 is valuated rather cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
HNK1 is valuated correctly with a Price/Forward Earnings ratio of 13.10.
Based on the Price/Forward Earnings ratio, HNK1 is valued a bit cheaper than the industry average as 63.33% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 24.03. HNK1 is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.17 | ||
| Fwd PE | 13.1 |
4.2 Price Multiples
80.00% of the companies in the same industry are more expensive than HNK1, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as HNK1.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.7 | ||
| EV/EBITDA | 8.07 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)6.42
EPS Next 2Y3.3%
EPS Next 3Y5.16%
5. Dividend
5.1 Amount
HNK1 has a Yearly Dividend Yield of 2.76%.
Compared to an average industry Dividend Yield of 2.74, HNK1 has a dividend in line with its industry peers.
HNK1's Dividend Yield is a higher than the S&P500 average which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
5.2 History
The dividend of HNK1 decreases each year by -0.14%.
Dividend Growth(5Y)-0.14%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
72.98% of the earnings are spent on dividend by HNK1. This is not a sustainable payout ratio.
DP72.98%
EPS Next 2Y3.3%
EPS Next 3Y5.16%
FRA:HNK1 (12/23/2025, 7:00:00 PM)
68.28
-0.12 (-0.18%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners24.45%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap39.33B
Revenue(TTM)29.18B
Net Income(TTM)1.82B
Analysts80.67
Price Target87.45 (28.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
Yearly Dividend2.12
Dividend Growth(5Y)-0.14%
DP72.98%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.17 | ||
| Fwd PE | 13.1 | ||
| P/S | 1.35 | ||
| P/FCF | 14.7 | ||
| P/OCF | 7.49 | ||
| P/B | 2.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.07 |
EPS(TTM)4.82
EY7.06%
EPS(NY)5.21
Fwd EY7.63%
FCF(TTM)4.64
FCFY6.8%
OCF(TTM)9.11
OCFY13.34%
SpS50.65
BVpS30.75
TBVpS-4.35
PEG (NY)N/A
PEG (5Y)6.42
Graham Number57.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.52% | ||
| ROE | 10.26% | ||
| ROCE | 10.77% | ||
| ROIC | 7.88% | ||
| ROICexc | 8.33% | ||
| ROICexgc | 18.77% | ||
| OM | 13.57% | ||
| PM (TTM) | 6.23% | ||
| GM | 20.2% | ||
| FCFM | 9.17% |
ROA(3y)3.7%
ROA(5y)3.49%
ROE(3y)10.07%
ROE(5y)9.57%
ROIC(3y)7.43%
ROIC(5y)6.62%
ROICexc(3y)7.92%
ROICexc(5y)7.16%
ROICexgc(3y)18.24%
ROICexgc(5y)16.63%
ROCE(3y)10.06%
ROCE(5y)8.96%
ROICexgc growth 3Y2.8%
ROICexgc growth 5Y0.89%
ROICexc growth 3Y5.31%
ROICexc growth 5Y-1.19%
OM growth 3Y-1.92%
OM growth 5Y-3.32%
PM growth 3Y-40.01%
PM growth 5Y-18.4%
GM growth 3Y-0.45%
GM growth 5Y-1.01%
F-Score7
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 6.57 | ||
| Debt/EBITDA | 2.3 | ||
| Cap/Depr | 97.61% | ||
| Cap/Sales | 8.82% | ||
| Interest Coverage | 6.33 | ||
| Cash Conversion | 79.58% | ||
| Profit Quality | 147.22% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 2 |
F-Score7
WACC6.03%
ROIC/WACC1.31
Cap/Depr(3y)95.91%
Cap/Depr(5y)85.26%
Cap/Sales(3y)8.02%
Cap/Sales(5y)7.93%
Profit Quality(3y)159.79%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.61%
EPS 3Y11.33%
EPS 5Y2.21%
EPS Q2Q%-3.17%
EPS Next Y-2.88%
EPS Next 2Y3.3%
EPS Next 3Y5.16%
EPS Next 5Y6.12%
Revenue 1Y (TTM)-4.84%
Revenue growth 3Y10.88%
Revenue growth 5Y4.53%
Sales Q2Q%-4.34%
Revenue Next Year-3.49%
Revenue Next 2Y0.49%
Revenue Next 3Y1.79%
Revenue Next 5Y3.16%
EBIT growth 1Y-3.93%
EBIT growth 3Y8.75%
EBIT growth 5Y1.06%
EBIT Next Year54.46%
EBIT Next 3Y20.32%
EBIT Next 5Y14.06%
FCF growth 1Y195.25%
FCF growth 3Y5.54%
FCF growth 5Y6.32%
OCF growth 1Y56.24%
OCF growth 3Y9.59%
OCF growth 5Y4.88%
HEINEKEN NV / HNK1.DE FAQ
What is the fundamental rating for HNK1 stock?
ChartMill assigns a fundamental rating of 3 / 10 to HNK1.DE.
What is the valuation status for HNK1 stock?
ChartMill assigns a valuation rating of 4 / 10 to HEINEKEN NV (HNK1.DE). This can be considered as Fairly Valued.
How profitable is HEINEKEN NV (HNK1.DE) stock?
HEINEKEN NV (HNK1.DE) has a profitability rating of 4 / 10.
What is the valuation of HEINEKEN NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HEINEKEN NV (HNK1.DE) is 14.17 and the Price/Book (PB) ratio is 2.22.
Can you provide the dividend sustainability for HNK1 stock?
The dividend rating of HEINEKEN NV (HNK1.DE) is 3 / 10 and the dividend payout ratio is 72.98%.