HEINEKEN NV (HNK1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:HNK1 - NL0000009165 - Common Stock
68.06 EUR
-0.2 (-0.29%)
Taking everything into account, HNK1 scores 3 out of 10 in our fundamental rating. HNK1 was compared to 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 is valued correctly, but it does not seem to be growing.
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.
- Of the past 5 years HNK1 4 years were profitable.
- Each year in the past 5 years HNK1 had a positive operating cash flow.
1.2 Ratios
- HNK1 has a Return On Assets (3.52%) which is in line with its industry peers.
- With a Return On Equity value of 10.26%, HNK1 perfoms like the industry average, outperforming 58.06% of the companies in the same industry.
- The Return On Invested Capital of HNK1 (7.88%) is better than 70.97% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HNK1 is in line with the industry average of 8.18%.
- The 3 year average ROIC (7.46%) for HNK1 is below the current ROIC(7.88%), indicating increased profibility in the last year.
| 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)7.46%
ROIC(5y)6.64%
1.3 Margins
- HNK1's Profit Margin of 6.23% is on the low side compared to the rest of the industry. HNK1 is outperformed by 61.29% of its industry peers.
- In the last couple of years the Profit Margin of HNK1 has declined.
- HNK1 has a Operating Margin (13.57%) which is comparable to the rest of the industry.
- HNK1's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 20.20%, HNK1 is doing worse than 90.32% of the companies in the same industry.
- In the last couple of years the Gross Margin of HNK1 has remained more or less at the same level.
| 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
- HNK1 has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for HNK1 remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, HNK1 has less shares outstanding
- HNK1 has a better debt/assets ratio than last year.
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.
- Looking at the Altman-Z score, with a value of 2.00, HNK1 is in line with its industry, outperforming 45.16% of the companies in the same 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 67.74% 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.
- HNK1's Current ratio of 0.75 is on the low side compared to the rest of the industry. HNK1 is outperformed by 77.42% of its industry peers.
- A Quick Ratio of 0.51 indicates that HNK1 may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.51, HNK1 is doing worse than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 0.61% over the past year.
- Measured over the past 5 years, HNK1 shows a small growth in Earnings Per Share. The EPS has been growing by 2.21% on average per year.
- Looking at the last year, HNK1 shows a decrease in Revenue. The Revenue has decreased by -4.84% in the last year.
- Measured over the past years, HNK1 shows a small growth in Revenue. The Revenue has been growing by 4.53% on average per year.
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
- The Earnings Per Share is expected to grow by 6.19% on average over the next years.
- HNK1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.03% yearly.
EPS Next Y-2.93%
EPS Next 2Y3.19%
EPS Next 3Y5.05%
EPS Next 5Y6.19%
Revenue Next Year-3.53%
Revenue Next 2Y0.38%
Revenue Next 3Y1.69%
Revenue Next 5Y3.03%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- HNK1 is valuated correctly with a Price/Earnings ratio of 14.12.
- Compared to the rest of the industry, the Price/Earnings ratio of HNK1 indicates a somewhat cheap valuation: HNK1 is cheaper than 67.74% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, HNK1 is valued a bit cheaper.
- A Price/Forward Earnings ratio of 13.08 indicates a correct valuation of HNK1.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of HNK1 indicates a somewhat cheap valuation: HNK1 is cheaper than 67.74% of the companies listed in the same industry.
- HNK1 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.12 | ||
| Fwd PE | 13.08 |
4.2 Price Multiples
- 77.42% of the companies in the same industry are more expensive than HNK1, based on the Enterprise Value to EBITDA ratio.
- 67.74% of the companies in the same industry are more expensive than HNK1, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.66 | ||
| EV/EBITDA | 8.05 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)6.4
EPS Next 2Y3.19%
EPS Next 3Y5.05%
5. Dividend
5.1 Amount
- HNK1 has a Yearly Dividend Yield of 2.81%.
- Compared to an average industry Dividend Yield of 2.61, HNK1 has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.85, HNK1 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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
- HNK1 pays out 72.98% of its income as dividend. This is not a sustainable payout ratio.
DP72.98%
EPS Next 2Y3.19%
EPS Next 3Y5.05%
FRA:HNK1 (1/15/2026, 7:00:00 PM)
68.06
-0.2 (-0.29%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)10-22 2025-10-22
Earnings (Next)02-11 2026-02-11/amc
Inst Owners24.68%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap39.20B
Revenue(TTM)29.18B
Net Income(TTM)1.82B
Analysts80.67
Price Target86.55 (27.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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)-1.39%
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.05%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.12 | ||
| Fwd PE | 13.08 | ||
| P/S | 1.34 | ||
| P/FCF | 14.66 | ||
| P/OCF | 7.47 | ||
| P/B | 2.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.05 |
EPS(TTM)4.82
EY7.08%
EPS(NY)5.2
Fwd EY7.64%
FCF(TTM)4.64
FCFY6.82%
OCF(TTM)9.11
OCFY13.39%
SpS50.65
BVpS30.75
TBVpS-4.35
PEG (NY)N/A
PEG (5Y)6.4
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)7.46%
ROIC(5y)6.64%
ROICexc(3y)7.95%
ROICexc(5y)7.18%
ROICexgc(3y)18.32%
ROICexgc(5y)16.68%
ROCE(3y)10.11%
ROCE(5y)8.99%
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-2.93%
EPS Next 2Y3.19%
EPS Next 3Y5.05%
EPS Next 5Y6.19%
Revenue 1Y (TTM)-4.84%
Revenue growth 3Y10.88%
Revenue growth 5Y4.53%
Sales Q2Q%-4.34%
Revenue Next Year-3.53%
Revenue Next 2Y0.38%
Revenue Next 3Y1.69%
Revenue Next 5Y3.03%
EBIT growth 1Y-3.93%
EBIT growth 3Y8.75%
EBIT growth 5Y1.06%
EBIT Next Year54.53%
EBIT Next 3Y20.18%
EBIT Next 5Y13.84%
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.
Can you provide the valuation status for HEINEKEN NV?
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 are the PE and PB ratios of HEINEKEN NV (HNK1.DE) stock?
The Price/Earnings (PE) ratio for HEINEKEN NV (HNK1.DE) is 14.12 and the Price/Book (PB) ratio is 2.21.
Can you provide the expected EPS growth for HNK1 stock?
The Earnings per Share (EPS) of HEINEKEN NV (HNK1.DE) is expected to decline by -2.93% in the next year.