HINKF (Heineken NV) ROCE %: 11.15% (As of Dec. 2025)


HINKF Heineken NV HINKF
79 GF Score
Price $81.75
GF Value $89.22
Valuation Fairly Valued
! 5 Warning Signs
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What is Heineken NV ROCE %?

Heineken NV HINKF 79 ROCE % is 11.15% as of Dec. 2025. GuruFocus rates HINKF with a GF Score™ of 79/100 and a GF Value™ of $89.22 (Fairly Valued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Heineken NV's annualized ROCE % for the quarter that ended in Dec. 2025 was 11.15%.

Heineken NV  (OTCPK:HINKF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Heineken NV ROCE % Related Terms

Heineken NV ROCE % Historical Data

* Premium members only.

The historical data trend for Heineken NV's ROCE % 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 NV ROCE % Chart

Heineken NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 12.03 8.25 6.66 9.68

Heineken NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % 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 8.10 3.40 10.18 8.37 11.15
HINKF
79GF Score
Heineken NV HINKF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heineken NV ROCE % Calculation

Heineken NV's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=4261.124/( ( (56306.806 - 14908.901) + (62942.623 - 16313.817) )/ 2 )
=4261.124/( (41397.905+46628.806)/ 2 )
=4261.124/44013.3555
=9.68 %

Heineken NV's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=4962.53/( ( (59554.787 - 17144.175) + (62942.623 - 16313.817) )/ 2 )
=4962.53/( ( 42410.612 + 46628.806 )/ 2 )
=4962.53/44519.709
=11.15 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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 ROCE % →
What does a ROCE % of 11.15% mean?
Heineken NV (HINKF) has a ROCE % of 11.15% as of Dec. 2025.
Is Heineken NV's ROCE % too high?
Heineken NV's current ROCE % is 11.15%. The Beverages - Alcoholic industry median ROCE % is 7.68. Heineken NV's value of 11.15% is 45.3% above this industry median. 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 ROCE % compare to STZ and TAP?
Heineken NV's ROCE % of 11.15% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.68. Heineken NV's value of 11.15% is 45.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Beverages - Alcoholic company?
The median ROCE % among Beverages - Alcoholic companies is 7.68, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heineken NV's current ROCE % of 11.15% is 45.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Beverages - Alcoholic industry, the median ROCE % is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken NV's current ROCE % is 11.15%. 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 $89.22, compared to a current price of $81.75 — trading 8.4% below its estimated fair value. The current ROCE % is 11.15% and 45.3% above the Beverages - Alcoholic industry median of 7.68. Heineken NV's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Heineken NV (HINKF), the current ROCE % is 11.15% 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 8.4% below its estimated GF Value™ of $89.22. GuruFocus considers Heineken NV to be Fairly Valued.

Key valuation signals for HINKF:

  • ROCE %: 11.15%
  • GF Value™: $89.22 vs. price of $81.75 (8.4% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 45.3% above the Beverages - Alcoholic median

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 NV Business Description

Address Tweede Weteringplantsoen 21, PO Box 28, Amsterdam, NH, NLD, 1017 ZD
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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$81.75
Price
$89.22
GF Value