Heineken Malaysia Berhad (KLSE:HEIM)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
14.24
+0.10 (0.71%)
At close: Sep 21, 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 "Buy" and an average price target of RM 20.13. The average 1-year stock price forecast is 41.36% higher than the current stock price, while the lowest is RM 15.50 (+8.85%) and the highest is RM 25.65 (+80.13%).

Price Target: RM 20.13 (+41.36%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceRM 15.50RM 20.13RM 19.83RM 25.65
Change+8.85%+41.36%+39.26%+80.13%

Analyst Ratings

The average analyst rating for Heineken Malaysia Berhad stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Aug '26Sep '26
Strong Buy788744
Buy111110
Hold000144
Sell000000
Strong Sell000001
Total899999

Financial Forecast

Revenue This Year
2.42B
from 2.80B
Decreased by -13.64%
Revenue Next Year
2.62B
from 2.42B
Increased by 8.50%
EPS This Year
1.12
from 1.52
Decreased by -26.63%
EPS Next Year
1.27
from 1.12
Increased by 13.72%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.98B2.86B2.64B2.80B2.80B2.42B
Revenue Growth
12.31%44.24%-7.61%6.03%0.06%-13.64%
Operating Income
323.93M596.22M518.31M595.73M618.16M452.48M
Net Income
245.68M412.82M386.80M466.75M459.34M335.99M
EPS
----1.521.12
EPS Growth
-----1.59%-26.63%
Forward PE
23.5118.6717.5016.6315.0912.76
Dividend / Share
0.811.381.281.551.521.17
Dividend Growth
58.82%70.37%-7.25%21.09%-1.94%-22.75%
Free Cash Flow
----399.33M349.96M
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MYR.

Revenue Forecast

Revenue202620272028
High2.7B
Avg2.4B
Low2.2B

Revenue Growth

Revenue Growth202620272028
High
-3.3%
Avg
-13.6%
Low
-20.4%

EPS Forecast

EPS202620272028
High1.26
Avg1.12
Low1.00

EPS Growth

EPS Growth202620272028
High
-17.3%
Avg
-26.6%
Low
-34.2%