HEINEKEN NV (HNK1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:HNK1 - NL0000009165 - Common Stock
69 EUR
-1.36 (-1.93%)
Overall HNK1 gets a fundamental rating of 3 out of 10. We evaluated HNK1 against 27 industry peers in the Beverages industry. While HNK1 is still in line with the averages on profitability rating, there are concerns on its financial health. 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
HNK1 had positive earnings in the past year.
In the past year HNK1 had a positive cash flow from operations.
HNK1 had positive earnings in 4 of the past 5 years.
HNK1 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.52%, HNK1 perfoms like the industry average, outperforming 48.15% of the companies in the same industry.
The Return On Equity of HNK1 (10.26%) is comparable to the rest of the industry.
HNK1 has a better Return On Invested Capital (7.88%) than 70.37% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HNK1 is in line with the industry average of 7.93%.
The 3 year average ROIC (7.43%) 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)7.43%
ROIC(5y)6.62%
1.3 Margins
The Profit Margin of HNK1 (6.23%) is worse than 66.67% of its industry peers.
HNK1's Profit Margin has declined in the last couple of years.
The Operating Margin of HNK1 (13.57%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of HNK1 has declined.
The Gross Margin of HNK1 (20.20%) is worse than 92.59% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HNK1 is creating some value.
HNK1 has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, HNK1 has less shares outstanding
The debt/assets ratio for HNK1 has been reduced compared to a year ago.
2.2 Solvency
HNK1 has an Altman-Z score of 2.01. This is not the best score and indicates that HNK1 is in the grey zone with still only limited risk for bankruptcy at the moment.
HNK1 has a Altman-Z score (2.01) which is comparable to the rest of the industry.
HNK1 has a debt to FCF ratio of 6.57. This is a slightly negative value and a sign of low solvency as HNK1 would need 6.57 years to pay back of all of its debts.
HNK1 has a better Debt to FCF ratio (6.57) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.86 indicates that HNK1 is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.86, HNK1 perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 6.57 | ||
| Altman-Z | 2.01 |
ROIC/WACC1.31
WACC6.04%
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 has a worse Current ratio (0.75) than 81.48% of its industry peers.
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.
With a Quick ratio value of 0.51, HNK1 is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| 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.
The Revenue has decreased by -4.84% in the past 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%14.17%
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.
The Revenue is expected to grow by 3.16% on average over the next years.
EPS Next Y-2.86%
EPS Next 2Y3.15%
EPS Next 3Y5.04%
EPS Next 5Y6.12%
Revenue Next Year-3.48%
Revenue Next 2Y0.36%
Revenue Next 3Y1.69%
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
HNK1 is valuated correctly with a Price/Earnings ratio of 14.32.
HNK1's Price/Earnings ratio is a bit cheaper when compared to the industry. HNK1 is cheaper than 66.67% of the companies in the same industry.
HNK1's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.15.
Based on the Price/Forward Earnings ratio of 13.28, the valuation of HNK1 can be described as correct.
HNK1's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of HNK1 to the average of the S&P500 Index (36.22), we can say HNK1 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.32 | ||
| Fwd PE | 13.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HNK1 is valued a bit cheaper than 77.78% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HNK1 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.86 | ||
| EV/EBITDA | 8.13 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)6.49
EPS Next 2Y3.15%
EPS Next 3Y5.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.74%, HNK1 has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.22, HNK1 has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, HNK1 has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
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 2Y3.15%
EPS Next 3Y5.04%
FRA:HNK1 (12/2/2025, 7:00:00 PM)
69
-1.36 (-1.93%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners22.94%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap39.74B
Revenue(TTM)29.18B
Net Income(TTM)1.82B
Analysts80
Price Target88.18 (27.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
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 | 14.32 | ||
| Fwd PE | 13.28 | ||
| P/S | 1.36 | ||
| P/FCF | 14.86 | ||
| P/OCF | 7.57 | ||
| P/B | 2.24 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.13 |
EPS(TTM)4.82
EY6.99%
EPS(NY)5.2
Fwd EY7.53%
FCF(TTM)4.64
FCFY6.73%
OCF(TTM)9.11
OCFY13.2%
SpS50.65
BVpS30.75
TBVpS-4.35
PEG (NY)N/A
PEG (5Y)6.49
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 | 2.01 |
F-Score7
WACC6.04%
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-2.86%
EPS Next 2Y3.15%
EPS Next 3Y5.04%
EPS Next 5Y6.12%
Revenue 1Y (TTM)-4.84%
Revenue growth 3Y10.88%
Revenue growth 5Y4.53%
Sales Q2Q%14.17%
Revenue Next Year-3.48%
Revenue Next 2Y0.36%
Revenue Next 3Y1.69%
Revenue Next 5Y3.16%
EBIT growth 1Y-3.93%
EBIT growth 3Y8.75%
EBIT growth 5Y1.06%
EBIT Next Year55.93%
EBIT Next 3Y19.94%
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 14.32 and the Price/Book (PB) ratio is 2.24.
Can you provide the dividend sustainability for HNK1 stock?
The dividend rating of HEINEKEN NV (HNK1.DE) is 2 / 10 and the dividend payout ratio is 72.98%.