Heineken Malaysia BhdXKLS:3255 -0.51%92 ROE % is 71.66% as of Mar. 2026, which is 10% below its 10-year median of 79.46. 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 207 Beverages - Alcoholic companies, Heineken Malaysia Bhd ranks better than 98.07% on this metric.
The historical rank and industry rank for Heineken Malaysia Bhd's ROE % or its related term are showing as below:
XKLS:3255'
s ROE % Range Over the Past 10 Years
Min: 41.48 Med: 79.46 Max: 93.54
Current: 84.46
During the past 13 years, Heineken Malaysia Bhd's highest ROE % was 93.54%. The lowest was 41.48%. And the median was 79.46%.
XKLS:3255's ROE % is ranked better than 98.07% of 207
companies
in the Beverages - Alcoholic industry
Industry Median: 5.74
vs XKLS:3255: 84.46
Heineken Malaysia Bhd (XKLS:3255) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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 Malaysia Bhd's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Malaysia Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where Heineken Malaysia Bhd's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Heineken Malaysia Bhd (XKLS:3255) has a ROE % of 71.66% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Heineken Malaysia Bhd and its competitors. This is 10% below median its historical median of 79.46. Over the past decade, Heineken Malaysia Bhd's ROE % has ranged from 41.48 to 93.54. According to the industry distribution chart, Heineken Malaysia Bhd ranks #4 out of 207 companies in the Beverages - Alcoholic industry, placing it in the top 1.9%.
Is Heineken Malaysia Bhd's ROE % too high?
Heineken Malaysia Bhd's current ROE % of 71.66% is 10% below median its 10-year median of 79.46. Over the past 10 years, this metric has ranged from a low of 41.48 to a high of 93.54. The Beverages - Alcoholic industry median ROE % is 5.74. Heineken Malaysia Bhd's value of 71.66% is 1148.4% above this industry median. Based on the distribution chart, Heineken Malaysia Bhd ranks #4 out of 207 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 ROE % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Heineken Malaysia Bhd ranks #4 out of 207 companies for ROE %. This places Heineken Malaysia Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 5.74. Heineken Malaysia Bhd's value of 71.66% is 1148.4% above this benchmark. Historically, Heineken Malaysia Bhd's own ROE % has ranged from 41.48 to 93.54 over the past decade. While the company's 10-year median is 79.46 vs. the industry median of 5.74, 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 ROE % for a Beverages - Alcoholic company?
The median ROE % among Beverages - Alcoholic companies is 5.74, based on 207 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heineken Malaysia Bhd's current ROE % of 71.66% is 1148.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Heineken Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heineken Malaysia Bhd's current ROE % is 71.66%, which is 10% below median its own 10-year median of 79.46. 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 RM19.36 — trading 18.7% below its estimated fair value. The current ROE % is 71.66%, which is 10% below median its 10-year median of 79.46 and 1148.4% above the Beverages - Alcoholic industry median of 5.74. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Heineken Malaysia Bhd (XKLS:3255), the current ROE % is 71.66% 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 RM19.36 is trading 18.7% below its estimated GF Value™ of RM23.81.
GuruFocus considers Heineken Malaysia Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:3255:
ROE %: 71.66% (10% below median its 10-year median of 79.46)
GF Value™: RM23.81 vs. price of RM19.36 (18.7% below fair value)
Industry Position: 1148.4% above the Beverages - Alcoholic median (#4 of 207)
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 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
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