Heineken Malaysia Berhad Ratios and Metrics

Market cap in millions MYR. Fiscal year is January - December.

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 5, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	7,244	7,287	7,293	7,613	6,296	6,954
Market Cap Growth	-2.28%	-0.08%	-4.21%	20.92%	-9.47%	-15.12%
Enterprise Value	7,390	7,412	7,568	7,579	6,520	6,990
Last Close Price	23.98	22.66	21.45	21.22	16.78	18.02
PE Ratio	15.78	15.61	18.85	18.44	25.63	45.10
Forward PE	16.00	16.63	17.50	18.67	23.51	27.84
PS Ratio	2.60	2.61	2.77	2.67	3.18	3.95
PB Ratio	18.60	13.51	15.90	15.59	15.91	19.91
P/TBV Ratio	19.60	13.99	16.64	16.27	16.57	20.89
P/FCF Ratio	15.55	16.62	16.19	25.50	26.12	41.19
P/OCF Ratio	13.58	14.22	12.49	16.23	18.52	30.73
PEG Ratio	-	0.98	0.98	0.94	1.05	8.70
EV/Sales Ratio	2.66	2.65	2.87	2.65	3.29	3.97
EV/EBITDA Ratio	10.61	10.97	12.97	11.38	17.01	25.56
EV/EBIT Ratio	12.22	12.44	14.60	12.71	20.13	32.06
EV/FCF Ratio	15.86	16.91	16.80	25.38	27.05	41.40
Debt / Equity Ratio	0.46	0.17	0.31	0.36	0.43	0.75
Debt / EBITDA Ratio	0.26	0.13	0.24	0.26	0.43	0.93
Debt / FCF Ratio	0.39	0.21	0.32	0.59	0.70	1.54
Asset Turnover	2.41	2.21	1.99	2.29	1.85	1.64
Inventory Turnover	13.79	13.58	11.30	11.05	8.13	9.79
Quick Ratio	0.55	0.69	0.67	0.75	0.76	0.69
Current Ratio	0.74	0.91	0.84	0.98	1.00	1.00
Return on Equity (ROE)	116.48%	93.54%	81.68%	93.38%	65.95%	41.48%
Return on Assets (ROA)	32.77%	29.46%	24.40%	29.85%	18.97%	12.70%
Return on Invested Capital (ROIC)	112.04%	82.89%	67.51%	75.94%	51.76%	35.49%
Return on Capital Employed (ROCE)	147.40%	106.30%	104.00%	113.40%	74.80%	56.20%
Earnings Yield	6.34%	6.41%	5.30%	5.42%	3.90%	2.22%
FCF Yield	6.43%	6.02%	6.18%	3.92%	3.83%	2.43%
Dividend Yield	6.44%	6.84%	5.97%	6.50%	4.83%	2.83%
Payout Ratio	102.03%	82.85%	107.78%	77.57%	81.16%	129.31%
Total Shareholder Return	6.44%	6.84%	5.97%	6.50%	4.83%	2.83%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.