Heineken NVHINKF 79 FCF Margin % is 16.00% as of Dec. 2025, which is 74% above its 10-year median of 9.21. GuruFocus rates HINKF with a GF Score™ of 79/100 and a GF Value™ of $90.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Heineken NV ranks better than 67.62% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Heineken NV's Free Cash Flow for the
six
months ended in Dec. 2025 was $2,731 Mil. Heineken NV's Revenue for the
six
months ended in Dec. 2025 was $17,064 Mil. Therefore, Heineken NV's FCF Margin % for the quarter that ended in Dec. 2025 was 16.00%.
The historical rank and industry rank for Heineken NV's FCF Margin % or its related term are showing as below:
HINKF'
s FCF Margin % Range Over the Past 10 Years
Min: 5.77 Med: 9.21 Max: 11.78
Current: 9.13
During the past 13 years, the highest FCF Margin % of Heineken NV was 11.78%. The lowest was 5.77%. And the median was 9.21%.
HINKF's FCF Margin % is ranked better than 67.62% of 210
companies
in the Beverages - Alcoholic industry
Industry Median: 4.875
vs HINKF: 9.13
Heineken NV FCF Margin % Related Terms
Heineken NV FCF Margin % Historical Data
* Premium members only.
The historical data trend for Heineken NV's FCF Margin % 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.
For the Beverages - Brewers subindustry, Heineken NV's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Heineken NV's FCF Margin % falls into.
* 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 FCF Margin % of 16.00% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Heineken NV and its competitors. This is 74% above median its historical median of 9.21. Over the past decade, Heineken NV's FCF Margin % has ranged from 5.77 to 11.78. According to the industry distribution chart, Heineken NV ranks #68 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 32.4%.
Is Heineken NV's FCF Margin % too high?
Heineken NV's current FCF Margin % of 16.00% is 74% above median its 10-year median of 9.21. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 11.78. The Beverages - Alcoholic industry median FCF Margin % is 4.88. Heineken NV's value of 16.00% is 228.2% above this industry median. Based on the distribution chart, Heineken NV ranks #68 out of 210 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Heineken NV has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heineken NV's FCF Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Heineken NV ranks #68 out of 210 companies for FCF Margin %. This puts Heineken NV in the upper half of its industry. The industry median FCF Margin % is 4.88. Heineken NV's value of 16.00% is 228.2% above this benchmark. Historically, Heineken NV's own FCF Margin % has ranged from 5.77 to 11.78 over the past decade. While the company's 10-year median is 9.21 vs. the industry median of 4.88, Heineken NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Beverages - Alcoholic company?
The median FCF Margin % among Beverages - Alcoholic companies is 4.88, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heineken NV's current FCF Margin % of 16.00% is 228.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Heineken NV and its competitors. For the Beverages - Alcoholic industry, the median FCF Margin % is 4.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken NV's current FCF Margin % is 16.00%, which is 74% above median its own 10-year median of 9.21. 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 $90.17, compared to a current price of $81.75 — trading 9.3% below its estimated fair value. The current FCF Margin % is 16.00%, which is 74% above median its 10-year median of 9.21 and 228.2% above the Beverages - Alcoholic industry median of 4.88. Heineken NV's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Heineken NV (HINKF), the current FCF Margin % is 16.00% as of Dec. 2025. 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 $81.75 is trading 9.3% below its estimated GF Value™ of $90.17.
GuruFocus considers Heineken NV to be Fairly Valued.
Key valuation signals for HINKF:
FCF Margin %: 16.00% (74% above median its 10-year median of 9.21)
GF Value™: $90.17 vs. price of $81.75 (9.3% below fair value)
Industry Position: 228.2% above the Beverages - Alcoholic median (#68 of 210)
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.
79GF Score
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