Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heineken NV's Enterprise Value is $66,533 Mil.
Heineken NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $4,234 Mil. Therefore, Heineken NV's EV-to-EBIT ratio for today is 15.71.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Heineken NV's Enterprise Value is $66,533 Mil.
Heineken NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $7,265 Mil. Therefore, Heineken NV's EV-to-EBITDA ratio for today is 9.16.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Heineken NV's Enterprise Value is $66,533 Mil.
Heineken NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $33,420 Mil. Therefore, Heineken NV's EV-to-Revenue ratio for today is 1.99.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Heineken NV's Enterprise Value is $66,533 Mil.
Heineken NV's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $3,051 Mil. Therefore, Heineken NV's EV-to-FCF ratio for today is 21.80.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Heineken NV (OTCPK:HINKF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Heineken NV's current Enterprise Value is $66,533 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heineken NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $4,234 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Heineken NV's current Enterprise Value is $66,533 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heineken NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $7,265 Mil.
Heineken NV's current Enterprise Value is $66,533 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heineken NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $33,420 Mil.
Heineken NV's current Enterprise Value is $66,533 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heineken NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $5,839 Mil.
Heineken NV's current Enterprise Value is $66,533 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heineken NV's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $3,051 Mil.
* 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 Enterprise Value Related Terms
Heineken NV Enterprise Value Historical Data
* Premium members only.
The historical data trend for Heineken NV's Enterprise Value 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.
HINKF vs BUD, STZ, TAP: Enterprise Value Comparison
For the Beverages - Brewers subindustry, Heineken NV's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heineken NV Enterprise Value vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Heineken NV's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Heineken NV's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (HINKF) has a Enterprise Value of $66,533 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Heineken NV and its competitors.
Is Heineken NV's Enterprise Value too high?
Heineken NV's current Enterprise Value is $66,533 Mil. Overall, Heineken NV has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heineken NV's Enterprise Value compare to BUD and STZ?
Heineken NV's Enterprise Value of $66,533 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Beverages - Alcoholic company?
A good Enterprise Value depends on the Beverages - Alcoholic industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Heineken NV and its competitors. Heineken NV's current Enterprise Value is $66,533 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken NV stock overvalued right now?
Based on GuruFocus' analysis, Heineken NV (HINKF) is currently considered Fairly Valued. The stock's GF Value™ is $88.98, compared to a current price of $86.11 — trading 3.2% below its estimated fair value. The current Enterprise Value is $66,533 Mil. Heineken NV's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Heineken NV (HINKF), the current Enterprise Value is $66,533 Mil as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Heineken NV (HINKF) Overvalued in 2026?
Based on GuruFocus' analysis, Heineken NV stock appears to be undervalued.
The current stock price of $86.11 is trading 3.2% below its estimated GF Value™ of $88.98.
GuruFocus considers Heineken NV to be Fairly Valued.
Key valuation signals for HINKF:
Enterprise Value: $66,533 Mil
GF Value™: $88.98 vs. price of $86.11 (3.2% below fair value)
No single metric tells the full story. See the HINKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
81GF Score
Get the complete analysis for HINKF
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