Heineken Malaysia Bhd (XKLS:3255) Pretax Margin %: 20.71% (As of Mar. 2026) — 10% Above Median


XKLS:3255 Heineken Malaysia Bhd XKLS:3255
92 GF Score
Price RM19.30
GF Value RM23.81
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Heineken Malaysia Bhd Pretax Margin %?

Heineken Malaysia Bhd XKLS:3255 -0.31% 92 Pretax Margin % is 20.71% as of Mar. 2026, which is 10% above its 10-year median of 18.79. GuruFocus rates XKLS:3255 with a GF Score™ of 92/100 and a GF Value™ of RM23.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Heineken Malaysia Bhd ranks better than 85.78% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heineken Malaysia Bhd's Pre-Tax Income for the three months ended in Mar. 2026 was RM138 Mil. Heineken Malaysia Bhd's Revenue for the three months ended in Mar. 2026 was RM664 Mil. Therefore, Heineken Malaysia Bhd's pretax margin for the quarter that ended in Mar. 2026 was 20.71%.

The historical rank and industry rank for Heineken Malaysia Bhd's Pretax Margin % or its related term are showing as below:

XKLS:3255' s Pretax Margin % Range Over the Past 10 Years
Min: 11.28   Med: 18.79   Max: 21.72
Current: 21.65


XKLS:3255's Pretax Margin % is ranked better than
85.78% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 5.99 vs XKLS:3255: 21.65

Heineken Malaysia Bhd  (XKLS:3255) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Heineken Malaysia Bhd Pretax Margin % Related Terms


Heineken Malaysia Bhd Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Heineken Malaysia Bhd's Pretax 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.

Heineken Malaysia Bhd Pretax Margin % Chart

Heineken Malaysia Bhd Annual Data
Trend Jun15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.24 20.82 19.37 20.89 21.72

Heineken Malaysia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 21.07 20.27 22.68 22.48 20.71

XKLS:3255 vs BUD, STZ, TAP: Pretax Margin % Comparison

For the Beverages - Brewers subindustry, Heineken Malaysia Bhd's Pretax Margin %, along with its competitors' market caps and Pretax 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 Malaysia Bhd Pretax Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Malaysia Bhd's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Heineken Malaysia Bhd's Pretax Margin % falls into.


XKLS:3255
92GF Score
Heineken Malaysia Bhd XKLS:3255
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heineken Malaysia Bhd Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Heineken Malaysia Bhd's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=607.718/2798.448
=21.72 %

Heineken Malaysia Bhd's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=137.586/664.209
=20.71 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 20.71% mean?
Heineken Malaysia Bhd (XKLS:3255) has a Pretax Margin % of 20.71% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Heineken Malaysia Bhd and its competitors. This is 10% above median its historical median of 18.79. Over the past decade, Heineken Malaysia Bhd's Pretax Margin % has ranged from 11.28 to 21.72. According to the industry distribution chart, Heineken Malaysia Bhd ranks #30 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 14.2%.
Is Heineken Malaysia Bhd's Pretax Margin % too high?
Heineken Malaysia Bhd's current Pretax Margin % of 20.71% is 10% above median its 10-year median of 18.79. Over the past 10 years, this metric has ranged from a low of 11.28 to a high of 21.72. The Beverages - Alcoholic industry median Pretax Margin % is 5.99. Heineken Malaysia Bhd's value of 20.71% is 245.7% above this industry median. Based on the distribution chart, Heineken Malaysia Bhd ranks #30 out of 211 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Heineken Malaysia Bhd has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heineken Malaysia Bhd's Pretax Margin % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Heineken Malaysia Bhd ranks #30 out of 211 companies for Pretax Margin %. This places Heineken Malaysia Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.99. Heineken Malaysia Bhd's value of 20.71% is 245.7% above this benchmark. Historically, Heineken Malaysia Bhd's own Pretax Margin % has ranged from 11.28 to 21.72 over the past decade. While the company's 10-year median is 18.79 vs. the industry median of 5.99, Heineken Malaysia Bhd 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 Pretax Margin % for a Beverages - Alcoholic company?
The median Pretax Margin % among Beverages - Alcoholic companies is 5.99, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heineken Malaysia Bhd's current Pretax Margin % of 20.71% is 245.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Heineken Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median Pretax Margin % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken Malaysia Bhd's current Pretax Margin % is 20.71%, which is 10% above median its own 10-year median of 18.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Heineken Malaysia Bhd (XKLS:3255) is currently considered Modestly Undervalued. The stock's GF Value™ is RM23.81, compared to a current price of RM19.30 — trading 18.9% below its estimated fair value. The current Pretax Margin % is 20.71%, which is 10% above median its 10-year median of 18.79 and 245.7% above the Beverages - Alcoholic industry median of 5.99. Heineken Malaysia Bhd's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Heineken Malaysia Bhd (XKLS:3255), the current Pretax Margin % is 20.71% as of Mar. 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 Malaysia Bhd (XKLS:3255) Overvalued in 2026?

Based on GuruFocus' analysis, Heineken Malaysia Bhd stock appears to be undervalued. The current stock price of RM19.30 is trading 18.9% below its estimated GF Value™ of RM23.81. GuruFocus considers Heineken Malaysia Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3255:

  • Pretax Margin %: 20.71% (10% above median its 10-year median of 18.79)
  • GF Value™: RM23.81 vs. price of RM19.30 (18.9% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 245.7% above the Beverages - Alcoholic median (#30 of 211)

No single metric tells the full story. See the XKLS:3255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heineken Malaysia Bhd Business Description

Address Batu 9, Jalan Klang Lama, Sungei Way Brewery, Lot 1135, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 46000
Heineken Malaysia Bhd is engaged in the production, packaging, marketing, and distribution of beverages, mainly alcoholic. The portfolio of the company includes various brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand-inspired cider - Apple Fox Cider, Edelweiss, infused with juicy peach flavour, The premium Irish ale - Kilkenny, The real shandy - Anglia, and others.
92GF Score

Get the complete analysis for XKLS:3255

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

RM19.30
Price
RM23.81
GF Value