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Heineken N.V. Quality Score

HEIA.XAMS

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Quality32

Weak across most dimensions. This doesn't mean avoid, but the burden of proof is on the bull case.

Broad-market heuristics · Not a buy/sell signal

Valuation and growth

Earnings Multiple
80/100
24.6x

20–25x range, moderate premium

Cash Flow Multiple
90/100
17.7x

Under 20x cash flow, well covered

Revenue Growth
0/100
0.0%

Below 2%, essentially flat

Cash Flow Growth
0/100
1.6%

Below 2%, essentially flat

Business Quality & Capital Allocation

Share Dilution
100/100
-3.3%

Shrinking >2%, active buybacks

Margin Trend
0/100
-3.1pp

Contracted >2pp, margin pressure

Capital Structure
0/100
€14.51B

Net debt/FCF of 5.6x, high leverage

2022
€2.77B
€16.4B
2023
€2.38B
€18.2B
2024
€2.35B
€17.1B
2025
€4.77B
€19.3B
CashDebt
Return on Capital
0/100
6.0%

Below 8%, may not cover cost of capital

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Heineken (HEIA.XAMS) quality: score, margins and returns

Heineken (HEIA.XAMS) scores 32/100 on Intrinsiqq's quality score (a lower-quality business), a weighted blend of 8 metrics each scored 0 to 100, on 11.6% operating margins and 6.0% ROIC. Every metric is computed from company filings; this is analysis, not investment advice.

Frequently asked

Is Heineken (HEIA.XAMS) a high-quality business?+

Heineken scores 32 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which rates it a lower-quality business on these measures. Recent figures include a 11.6% operating margin and a 6.0% return on invested capital. Quality and price are separate questions: even a great business can be a poor investment if you overpay, so read this score alongside the valuation. The metric-by-metric breakdown is on this scorecard.

What does Heineken's quality score measure?+

Intrinsiqq's quality score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, change in share count, and balance-sheet strength, each computed from HEIA.XAMS's company filings rather than opinion or sentiment. A higher score means a more durable, capital-efficient business; it is not a buy or sell signal. Open each metric on this page to see exactly where Heineken scores well and where it falls behind.

What is Heineken's return on invested capital (ROIC)?+

Heineken earns about 6.0% on its invested capital, which is modest. ROIC measures how much profit a company generates per dollar put to work; sustained ROIC above its cost of capital is one of the clearest signs of a real competitive moat. Compare it to HEIA.XAMS's margins and growth on this scorecard to judge durability.

How profitable is Heineken?+

Heineken runs an operating margin of about 11.6% and a net margin of about 7.4%. Revenue has grown at roughly 7.0% a year recently. High, stable margins usually point to pricing power and operating discipline. Margins are most telling next to growth and returns on capital, all of which feed this quality score. This is analysis from company filings, not investment advice.

More on HEIA.XAMS: Overview · DCF valuation · Dividend safety · Financials
How the market compares: US profitability statistics

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Held by ETFs

HEIA.XAMS is in 101 US ETFs. The largest of them, with HEIA.XAMS's weight in each:

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.