Heineken Stock

Heineken EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Heineken (HEIA.AS) as of Aug 15, 2026 is 12.94. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 12.53 — a change of 3.26% (higher).

EV/EBIT

12.94

YoY

3.26%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Heineken is 2026 12.94 . EV/EBIT (Enterprise Value to EBIT) of Heineken was 2025 12.53 . It decreases by 3.26% higher compared to the previous year.

The Heineken EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
14.77 base
Jan 1, 2020
25.99 base
Jan 1, 2021
12.53 base
Jan 1, 2022
12.41 base
Jan 1, 2023
16.10 base
Jan 1, 2024
11.04 base
Jan 1, 2025
11.47 base
Jan 1, 2026 (e)
10.05 base
YEARPRICE-TO-EBIT
2026 est 10.05
2025 11.47
2024 11.04
2023 16.10
2022 12.41
2021 12.53
2020 25.99
2019 14.77
2018 13.44
2017 15.37
2016 13.59
2015 16.33
2014 12.28
2013 11.38
2012 7.88
2011 9.47
2010 9.19
2009 10.00
2008 9.08
2007 14.42
2006 9.78
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Heineken Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Heineken's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Heineken's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Heineken's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Heineken grows earnings faster than its peers.

Heineken Stock analysis

What does Heineken do? Heineken NV is one of the world's leading companies in the beer and beverage industry. The company was founded in 1864 by Gerard Adriaan Heineken in Amsterdam and is still family-owned today. It operates in more than 70 countries and employs over 85,000 people worldwide. Heineken's history is closely linked to the history of the Netherlands and the world. The company has significantly shaped the beer market in Europe and worldwide. For example, Heineken was the first Dutch company to offer its beer in bottles and was instrumental in the introduction of beer in cans. The business model of Heineken is based on producing and distributing high-quality and innovative beers and beverages. The company values quality, sustainability, and responsibility. Heineken advocates for responsible alcohol consumption and is involved in research and development to create healthier alcohol products. Heineken operates in three different business segments: brewing and beverages, sales, and finance. Brewing and beverages are the largest part of the company, involving production, distribution, and marketing of beers and beverages. Heineken offers a wide range of products, including Heineken, Amstel, Desperados, Strongbow, Sol, Tiger, Moretti, and Birra Moretti. The company covers both the premium and mainstream markets. Heineken's sales segment is responsible for placing the company's products in retail, bars, restaurants, and other sales outlets. The company has a global distribution network and maintains long-term relationships with customers and partners worldwide. Heineken's finance segment supports the company in investments, financing, and risk management. The company has a strong financial position and a robust balance sheet structure, allowing it to invest in new projects and markets. Heineken is also known for its innovative marketing campaigns. The company relies on creative and engaging campaigns to promote its products and strengthen its brand. Heineken's "Open Your World" campaign is an example of a successful campaign that has made the Heineken brand known worldwide. In terms of sustainability, Heineken has taken several initiatives to improve its environmental footprint and operate responsibly. For example, in 2018, Heineken announced its goal to reduce its global water consumption by 30% by 2030. In summary, Heineken is a leading company in the beer and beverage industry known for its high-quality and innovative products, strong financial position, and commitment to the environment and society. The company has a long history and a wide range of products covering both the mainstream and premium markets. With a strong global distribution network and a dedicated marketing strategy, Heineken is well positioned for future success. Heineken is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Heineken stock

EV/EBIT (Enterprise Value to EBIT) of Heineken is 12.94 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Heineken changed from 12.53 to 12.94, representing a 3.26% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Heineken since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Heineken with sector peers and the industry average to assess whether it is attractive.

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Valuation — Heineken

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