Heineken Holding N.V. (HKHHY)

Consumer · OQX

$36.87-0.94% today

Price as at 1 Oct 2026, 11:01 UTC. Quotes are delayed.

Fundamentals

Market cap$21.75B
P/E ratio20.5
Dividend yield2.81%
Revenue growth (YoY)-2.8%
Profit margin3.3%
Return on equity10.1%
52-week range$33.58 to $43.51

Valuation and ratings

Fair value estimate$33.49
Upside to fair value-9.2%
Moat score39/100
Overall rating44/100, low quality

Fair value: $33.49 (-9.2%), see how we got there

Heineken Holding N.V. trades at $36.87, close to the $33.49 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.

Our moat model scores it 39 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 20.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

HKHHY dividend history

Dividend yield2.81%
Paid, trailing 12 months$1.21 per share
Most recent payment$0.432, ex 10 Aug 2026
5-year growth (p.a.)+14.1%
Consecutive years of growth1
Consecutive years paid13

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$1.213
2025$1.102
2024$0.9312
2023$1.042
2022$0.2581
2021$0.5842
2020$0.5681
2019$0.9312
2018$0.5711
2017$0.7512
2016$0.7622

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

About Heineken Holding N.V.

Heineken Holding N.V., together with its subsidiaries, engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally. The company's portfolio consists of approximately 340 international, regional, local, and specialty beers and ciders. The company was founded in 1864 and is based in Amsterdam, the Netherlands. Heineken Holding N.V. is a subsidiary of L'Arche Green N.V.

Industry: Beverages - BrewersEmployees: 87,870HQ: Netherlands

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

HKHHY passes 3 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

HKHHY peers

The largest companies in the same industry (Beverages - Brewers), then in the same sector.

Every consumer company we cover is on the Consumer hub.

Common questions

Is Heineken Holding N.V. (HKHHY) undervalued?

Against our fair value estimate of $33.49, HKHHY at $36.87 is 9% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

What is HKHHY's P/E ratio?

HKHHY trades at 20.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Heineken Holding N.V. (HKHHY) pay a dividend?

Yes. Heineken Holding N.V. yields 2.81% at the current share price. It has paid $1.21 per share over the trailing twelve months. It has paid a dividend in each of the last 13 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its HKHHY data?

Fundamentals for HKHHY come from company filings and exchange data, as listed on OQX; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 11:01 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for HKHHY, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.