Heineken NV (NEOE:HEIA) Beta: N/A (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NEOE:HEIA Heineken NV NEOE:HEIA
63 GF Score
Price C$10.08
GF Value C$11.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Heineken NV Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-23), Heineken NV's Beta is Not available.

Heineken NV  (NEOE:HEIA) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Heineken NV Beta Related Terms

Heineken NV Beta Historical Data

* Premium members only.

The historical data trend for Heineken NV's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Heineken NV Beta Chart

Heineken NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
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Heineken NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NEOE:HEIA
63GF Score
Heineken NV NEOE:HEIA
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Heineken NV Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Is Heineken NV (NEOE:HEIA) Overvalued in 2026?

Based on GuruFocus' analysis, Heineken NV stock appears to be undervalued. The current stock price of C$10.08 is trading 9.8% below its estimated GF Value™ of C$11.18. GuruFocus considers Heineken NV to be Modestly Undervalued.

Key valuation signals for NEOE:HEIA:

  • Beta: N/A
  • GF Value™: C$11.18 vs. price of C$10.08 (9.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the NEOE:HEIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Heineken NV Business Description

Address Tweede Weteringplantsoen 21, PO Box 28, Amsterdam, NH, NLD, 1017 ZD
Heineken is the world's second-largest brewer behind Anheuser-Busch InBev. It has the leading position in many European markets, including the Netherlands, Austria, Greece, and Italy. Its flagship brand, Heineken, is the world's leading international premium lager by volume and has spawned several brand extensions including Heineken 0.0 and Heineken Silver. Heineken is the world's biggest cider producer. Its portfolio also includes brands in the nonalcoholic, Belgian, and craft beer categories.
63GF Score

Get the complete analysis for NEOE:HEIA

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$10.08
Price
C$11.18
GF Value