Heineken NVFRA:HNK1 +1.28%84 OCF Margin % is 22.81% as of Dec. 2025, which is 27% above its 10-year median of 17.92. GuruFocus rates FRA:HNK1 with a GF Score™ of 84/100 and a GF Value™ of €80.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Heineken NV ranks better than 77.14% on this metric.
The historical rank and industry rank for Heineken NV's OCF Margin % or its related term are showing as below:
FRA:HNK1'
s OCF Margin % Range Over the Past 10 Years
Min: 14.59 Med: 17.92 Max: 19.51
Current: 17.43
During the past 13 years, the highest OCF Margin % of Heineken NV was 19.51%. The lowest was 14.59%. And the median was 17.92%.
FRA:HNK1's OCF Margin % is ranked better than 77.14% of 210
companies
in the Beverages - Alcoholic industry
Industry Median: 9.725
vs FRA:HNK1: 17.43
Heineken NV OCF Margin % Related Terms
Heineken NV OCF Margin % Historical Data
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The historical data trend for Heineken NV's OCF 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 OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Heineken NV's OCF 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 (FRA:HNK1) has a OCF Margin % of 22.81% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Heineken NV and its competitors. This is 27% above median its historical median of 17.92. Over the past decade, Heineken NV's OCF Margin % has ranged from 14.59 to 19.51. According to the industry distribution chart, Heineken NV ranks #48 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 22.9%.
Is Heineken NV's OCF Margin % too high?
Heineken NV's current OCF Margin % of 22.81% is 27% above median its 10-year median of 17.92. Over the past 10 years, this metric has ranged from a low of 14.59 to a high of 19.51. The Beverages - Alcoholic industry median OCF Margin % is 9.73. Heineken NV's value of 22.81% is 134.6% above this industry median. Based on the distribution chart, Heineken NV ranks #48 out of 210 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Heineken NV has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heineken NV's OCF Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Heineken NV ranks #48 out of 210 companies for OCF Margin %. This places Heineken NV in the top 23% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 9.73. Heineken NV's value of 22.81% is 134.6% above this benchmark. Historically, Heineken NV's own OCF Margin % has ranged from 14.59 to 19.51 over the past decade. While the company's 10-year median is 17.92 vs. the industry median of 9.73, 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 OCF Margin % for a Beverages - Alcoholic company?
The median OCF Margin % among Beverages - Alcoholic companies is 9.73, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heineken NV's current OCF Margin % of 22.81% is 134.6% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Heineken NV and its competitors. For the Beverages - Alcoholic industry, the median OCF Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken NV's current OCF Margin % is 22.81%, which is 27% above median its own 10-year median of 17.92. 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 (FRA:HNK1) is currently considered Fairly Valued. The stock's GF Value™ is €80.25, compared to a current price of €74.10 — trading 7.7% below its estimated fair value. The current OCF Margin % is 22.81%, which is 27% above median its 10-year median of 17.92 and 134.6% above the Beverages - Alcoholic industry median of 9.73. Heineken NV's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Heineken NV (FRA:HNK1), the current OCF Margin % is 22.81% 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 (FRA:HNK1) Overvalued in 2026?
Based on GuruFocus' analysis, Heineken NV stock appears to be undervalued.
The current stock price of €74.10 is trading 7.7% below its estimated GF Value™ of €80.25.
GuruFocus considers Heineken NV to be Fairly Valued.
Key valuation signals for FRA:HNK1:
OCF Margin %: 22.81% (27% above median its 10-year median of 17.92)
GF Value™: €80.25 vs. price of €74.10 (7.7% below fair value)
Industry Position: 134.6% above the Beverages - Alcoholic median (#48 of 210)
No single metric tells the full story. See the FRA:HNK1 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.
84GF Score
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