Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Heineken NV's operating assets for the quarter that ended in Dec. 2025 was $57,354 Mil. Heineken NV's operating liabilities for the quarter that ended in Dec. 2025 was $16,230 Mil. Heineken NV's Total Assets for the quarter that ended in Jun. 2025 was $59,555 Mil. Therefore, Heineken NV's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.69.
Heineken NV Scaled Net Operating Assets Related Terms
Heineken NV Scaled Net Operating Assets Historical Data
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The historical data trend for Heineken NV's Scaled Net Operating Assets 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.
HINKF vs BUD, STZ, TAP: Scaled Net Operating Assets Comparison
For the Beverages - Brewers subindustry, Heineken NV's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Heineken NV's Scaled Net Operating Assets 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.
What does a Scaled Net Operating Assets of 0.69 mean?
Heineken NV (HINKF) has a Scaled Net Operating Assets of 0.69 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Heineken NV and its competitors.
Is Heineken NV's Scaled Net Operating Assets too high?
Heineken NV's current Scaled Net Operating Assets is 0.69. 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 Scaled Net Operating Assets compare to BUD and STZ?
Heineken NV's Scaled Net Operating Assets of 0.69 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Beverages - Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Alcoholic industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Heineken NV and its competitors. Heineken NV's current Scaled Net Operating Assets is 0.69. 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 $88.40, compared to a current price of $88.65 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.69. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Heineken NV (HINKF), the current Scaled Net Operating Assets is 0.69 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 overvalued.
The current stock price of $88.65 is trading 0.3% above its estimated GF Value™ of $88.40.
GuruFocus considers Heineken NV to be Fairly Valued.
Key valuation signals for HINKF:
Scaled Net Operating Assets: 0.69
GF Value™: $88.40 vs. price of $88.65 (0.3% above fair value)
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 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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