FRA/HNK2 (FRA/HNK2)

Frankfurt Stock Exchange: FRA/HNK2 · EUR

€37.8

-0.20 (-0.5%)· Recorded snapshot

Market cap	42.7B
Revenue (ttm)	29.4B
Net income (ttm)	2.3B
EPS (ttm)	€1.99
P/E (trailing)	19.0x
P/E (forward)	14.3x
Dividend	€0.72 (1.90%)
Volume	0

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 29.4B
Net income (ttm): 2.3B
EPS (ttm): €1.99
P/E (trailing): 19.0x
P/E (forward): 14.3x
Market cap: 42.7B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E14.3

P25 n/aP50 n/aP75 n/a

Trailing P/E19

P25 n/aP50 n/aP75 n/a

ROE12.1

P25 n/aP50 n/aP75 n/a

ROIC6.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All FRA/HNK2 indicators

Market & fundamental data

Available fields

244

Groups with data

Currency

EUR

Showing 244 of 244 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	EUR
Country	Netherlands
Country code	DE
Earnings date	2027-02-10
Employees	85,000
Employees change	-923
Employees growth	-1.13%
Enterprise value	EUR 63.1B
Exchange	Frankfurt Stock Exchange
Financial currency	EUR
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1864
Industry	Beverages - Brewers
Is primary listing	No
ISIN number	US4230123014
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Market cap	EUR 42.7B
Next earnings date	2027-02-10
Price	EUR 37.80
Price currency	EUR
Sector	Consumer Staples
SIC code	2082
Stock price date	2026-10-27
Symbol	fra/HNK2
Website	https://www.theheinekencompany.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	30.97x
Average P/E ratio (3Y)	27.72x
Average P/E ratio (5Y)	23.96x
Earnings yield	5.26%
EV/Earnings	27.83x
EV/EBIT	17.11x
EV/EBITDA	10.42x
EV/FCF	15.89x
EV/Sales	2.14x
FCF / EV yield	6.29%
FCF yield	9.3%
Forward P/E	14.3x
Graham number	29.46807
Graham upside	-22.04%
Lynch fair value	EUR 30.09
Lynch upside	-20.39%
P/B ratio	1.97x
P/E ratio	19.01x
P/FCF ratio	10.75x
P/OCF ratio	7.35x
P/S ratio	1.45x
Price/EBITDA ratio	7.71x
Sector forward P/E	15.31x
Sector P/E	19.88x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	11.91%
EBITDA margin	18.81%
Effective tax rate	27%
FCF margin	13.49%
Gross margin	36.98%
Operating margin	11.91%
Pretax margin	11.85%
Profit margin	7.7%
Profit per employee	EUR 26,659
Profitable quarters	4
Profitable years	5
Revenue per employee	EUR 346,047
ROA	3.99%
ROA (5Y)	4.45%
ROCE	8.39%
ROE	12.13%
ROE (5Y)	12.23%
ROIC	6.47%
ROIC (5Y)	7.9%
Tax / revenue	3.2%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	26.64%
EPS growth (Q)	54.14%
EPS growth (QoQ)	-0.15%
EPS growth 10Y	5.79%
EPS growth 3Y	-2.98%
EPS growth 5Y	15.95%
EPS growth quarters	3
EPS growth years	1
FCF growth	32.67%
FCF growth (Q)	276.4%
FCF growth (QoQ)	-40.32%
FCF growth 3Y	51.2%
FCF growth 5Y	4.29%
Gross profit growth	2.71%
Gross profit growth (Q)	5.12%
Gross profit growth 3Y	1.8%
Gross profit growth 5Y	5.75%
Net income growth	24.71%
Net income growth (Q)	51.21%
Net income growth (QoQ)	-1.4%
Net income growth 3Y	-4.15%
Net income growth 5Y	14.99%
Net income growth quarters	3
Net income growth years	1
OCF growth	10.67%
OCF growth (Q)	47.16%
OCF growth (QoQ)	-25.27%
OCF growth 10Y	4.66%
OCF growth 3Y	20.03%
OCF growth 5Y	5.8%
Operating income growth	-9.22%
Operating income growth (Q)	-11.71%
Operating income growth 3Y	-1.7%
Operating income growth 5Y	3.97%
Revenue growth	0.81%
Revenue growth (Q)	4.66%
Revenue growth (QoQ)	1.84%
Revenue growth 10Y	3.57%
Revenue growth 3Y	-0.39%
Revenue growth 5Y	7.51%
Revenue growth quarters	2
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	EUR -1.8B
Depreciation and amortization	EUR 2B
EBIT	EUR 3.5B
EBITDA	EUR 5.5B
EPS	EUR 1.99
Financing cash flow	EUR -360M
Free cash flow	EUR 4B
Gross profit	EUR 10.9B
Income taxes	EUR 941M
Investing cash flow	EUR -4.7B
Net borrowing	EUR 1.9B
Net cash flow	EUR 748M
Net income	EUR 2.3B
Operating income	EUR 3.5B
Revenue	EUR 29.4B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.78
Book value per share	EUR 34.87
Debt / EBITDA	3.52
Debt / equity	0.95
Debt / FCF	5.2
Interest coverage	5.04
Long-term assets	EUR 45.8B
Long-term liabilities	EUR 20B
Net cash (debt)	EUR -17.8B
Net cash / market cap	-41.74%
Net debt / EBITDA	3.22
Net debt / equity	0.82
Net debt / FCF	4.49
Piotroski F-Score	6
Property, plant and equipment	EUR 15.4B
Shareholders' equity	EUR 21.7B
Tangible book value	EUR -4.4B
Tangible book value per share	EUR -8.04
Total assets	EUR 58B
Total cash	EUR 2.8B
Total debt	EUR 20.6B
Total liabilities	EUR 36.3B

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.54
Current assets	EUR 12.2B
Current liabilities	EUR 16.3B
Current ratio	0.75
Inventory turnover	5.3
Net working capital	EUR -2.5B
Quick ratio	0.51
Working capital	EUR -4.1B
Working capital turnover	-7.49

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.52%
Dividend growth	0.51%
Dividend growth (10Y)	2.56%
Dividend growth (3Y)	-2.64%
Dividend growth (5Y)	13.34%
Dividend growth years	1
Dividend payment date	2026-08-24
Dividend payment years	14
Dividend payout frequency	Semi-Annual
Dividend per share	EUR 0.72
Dividend yield	1.9%
Ex-dividend date	2026-08-10
Last dividend	EUR 0.29
Payout ratio	55.6%
Shareholder yield	3.42%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-0.15%
10Y return CAGR	1.46%
10Y total return	15.54%
150-day SMA	EUR 34.97
1D price change	-0.53%
1M price change	8%
1M total return	8%
1W price change	2.16%
1W total return	2.16%
1Y price change	9.88%
1Y return CAGR	12.22%
1Y total return	12.21%
20-day SMA	EUR 35.90
200-day SMA	EUR 35.04
3M price change	2.16%
3M total return	2.92%
3Y price change	-10%
3Y return CAGR	-1.61%
3Y total return	-4.76%
50-day SMA	EUR 35.55
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 39.20
52-week high date	2026-08-06
52-week low	EUR 31.40
52-week low date	2026-05-15
5Y price change	-16.74%
5Y return CAGR	-1.95%
5Y total return	-9.35%
6M price change	15.24%
6M total return	17.69%
All-time high	EUR 52.50
All-time high date	2020-02-19
All-time low	EUR 22.15
All-time low date	2014-01-30
Average true range (ATR)	EUR 0.50
Average volume	0
Change from 52-week high	-3.57%
Change from 52-week low	20.38%
Change from all-time high	-28%
Change from all-time low	70.63%
Change from open	0.53%
Day's gap	-1.05%
High price	EUR 37.80
Low price	EUR 37.60
Monthly RSI	52.16
Open price	EUR 37.60
Position in 52-week range	100%
Previous close	EUR 38.00
Price vs 150-day SMA	8.09%
Price vs 20-day SMA	5.29%
Price vs 200-day SMA	7.89%
Price vs 50-day SMA	6.32%
Relative volume	20
RSI	63.31
Sharpe ratio	0.52
Sharpe ratio (3Y)	-0.13
Sharpe ratio (5Y)	-0.18
Sortino ratio	1.03
Sortino ratio (3Y)	0.05
Sortino ratio (5Y)	-0.02
Volume	0
Weekly RSI	59.22
YTD price change	11.83%
YTD total return	14.2%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	258.1M
Shares change (QoQ)	-1.07%
Shares change (YoY)	-1.52%
Shares held by insiders	0.17%
Shares held by institutions	25.44%

Deeper analysis on FRA/HNK2

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this FRA/HNK2 report

Is a complete FRA/HNK2 research report available?

No complete published report is available for fra/HNK2 (FRA/HNK2) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

FRA/HNK2 (FRA/HNK2)

Price

Financial snapshot

Fair-value bridge

Latest news · FRA/HNK2

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All FRA/HNK2 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on FRA/HNK2

Frequently asked questions