Heineken Holding NVHKHHF 81 Net Margin % is 3.93% as of Dec. 2025, which is 4% below its 10-year median of 4.09. GuruFocus rates HKHHF with a GF Score™ of 81/100 and a GF Value™ of $78.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Heineken Holding NV ranks worse than 58.29% on this metric.
The historical rank and industry rank for Heineken Holding NV's Net Margin % or its related term are showing as below:
HKHHF'
s Net Margin % Range Over the Past 10 Years
Min: -0.52 Med: 4.09 Max: 7.58
Current: 3.31
HKHHF's Net Margin % is ranked worse than 58.29% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 5.09
vs HKHHF: 3.31
Heineken Holding NV (OTCPK:HKHHF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Heineken Holding NV Net Margin % Related Terms
Heineken Holding NV Net Margin % Historical Data
* Premium members only.
The historical data trend for Heineken Holding NV's Net 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 Holding NV's Net Margin %, along with its competitors' market caps and Net 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 Holding NV Net Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Holding NV's Net Margin % distribution charts can be found below:
* The bar in red indicates where Heineken Holding NV's Net 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 Holding NV (HKHHF) has a Net Margin % of 3.93% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Heineken Holding NV and its competitors. This is near median its historical median of 4.09. According to the industry distribution chart, Heineken Holding NV ranks #123 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 58.3%.
Is Heineken Holding NV's Net Margin % too high?
Heineken Holding NV's current Net Margin % of 3.93% is near median its 10-year median of 4.09. The Beverages - Alcoholic industry median Net Margin % is 5.09. Heineken Holding NV's value of 3.93% is 22.8% below this industry median. Based on the distribution chart, Heineken Holding NV ranks #123 out of 211 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Heineken Holding 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 Holding NV's Net Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Heineken Holding NV ranks #123 out of 211 companies for Net Margin %. This places Heineken Holding NV in the lower half of its industry. The industry median Net Margin % is 5.09. Heineken Holding NV's value of 3.93% is 22.8% below this benchmark. While the company's 10-year median is 4.09 vs. the industry median of 5.09, Heineken Holding NV has consistently been below 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 Net Margin % for a Beverages - Alcoholic company?
The median Net Margin % among Beverages - Alcoholic companies is 5.09, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heineken Holding NV's current Net Margin % of 3.93% is 22.8% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Heineken Holding NV and its competitors. For the Beverages - Alcoholic industry, the median Net Margin % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken Holding NV's current Net Margin % is 3.93%, which is near median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Holding NV stock overvalued right now?
Based on GuruFocus' analysis, Heineken Holding NV (HKHHF) is currently considered Fairly Valued. The stock's GF Value™ is $78.95, compared to a current price of $73.85 — trading 6.5% below its estimated fair value. The current Net Margin % is 3.93%, which is near median its 10-year median of 4.09 and 22.8% below the Beverages - Alcoholic industry median of 5.09. Heineken Holding NV's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Heineken Holding NV (HKHHF), the current Net Margin % is 3.93% 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 Holding NV (HKHHF) Overvalued in 2026?
Based on GuruFocus' analysis, Heineken Holding NV stock appears to be undervalued.
The current stock price of $73.85 is trading 6.5% below its estimated GF Value™ of $78.95.
GuruFocus considers Heineken Holding NV to be Fairly Valued.
Key valuation signals for HKHHF:
Net Margin %: 3.93% (near median its 10-year median of 4.09)
GF Value™: $78.95 vs. price of $73.85 (6.5% below fair value)
Industry Position: 22.8% below the Beverages - Alcoholic median (#123 of 211)
No single metric tells the full story. See the HKHHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heineken Holding NV, through its subsidiary, is involved in the brewing and selling of beer and cider. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. The company has five reportable segments: Europe, Americas, Africa & Middle East, Asia Pacific and Heineken N.V. Head Office & Other/Eliminations. The majority of the revenue is generated from the Europe segment.
81GF Score
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