Heineken Malaysia Berhad (KLSE:HEIM)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
19.04
+0.02 (0.11%)
At close: Jun 9, 2026

Heineken Malaysia Berhad Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Heineken Malaysia Berhad stock has a consensus rating of "Strong Buy" and an average price target of RM 26.87. The average 1-year stock price forecast is 41.12% higher than the current stock price, while the lowest is RM 23.29 (+22.32%) and the highest is RM 31.00 (+62.82%).

Price Target: RM 26.87 (+41.12%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
PriceRM 23.29RM 26.87RM 26.13RM 31.00
Change+22.32%+41.12%+37.24%+62.82%

Analyst Ratings

The average analyst rating for Heineken Malaysia Berhad stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy777887
Buy111111
Hold000001
Sell000000
Strong Sell000000
Total888999

Financial Forecast

Revenue This Year
2.85B
from 2.80B
Increased by 1.93%
Revenue Next Year
2.94B
from 2.85B
Increased by 3.20%
EPS This Year
1.50
from 1.52
Decreased by -1.20%
EPS Next Year
1.58
from 1.50
Increased by 5.16%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.98B2.86B2.64B2.80B2.80B2.85B
Revenue Growth
12.31%44.24%-7.61%6.03%0.06%1.93%
Gross Profit
600.18M966.09M878.77M944.84M984.66M996.96M
Gross Margin
30.32%33.84%33.32%33.78%35.19%34.95%
Operating Income
323.93M596.22M518.31M595.73M618.16M610.28M
Net Income
245.68M412.82M386.80M466.75M459.34M452.35M
EPS
----1.521.50
EPS Growth
-----1.59%-1.20%
Forward PE
23.5118.6717.5016.6315.0912.67
Dividend / Share
0.811.381.281.551.521.51
Dividend Growth
-70.37%-7.25%21.09%-1.94%-0.80%
Free Cash Flow
225.65M262.83M389.89M363.47M297.85M468.07M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MYR.

Revenue Forecast

Revenue202620272028
High3.0B
Avg2.9B
Low2.7B

Revenue Growth

Revenue Growth202620272028
High
8.7%
Avg
1.9%
Low
-4.7%

EPS Forecast

EPS202620272028
High1.61
Avg1.50
Low1.41

EPS Growth

EPS Growth202620272028
High
5.9%
Avg
-1.2%
Low
-7.3%