As of 2026-04-06, the Intrinsic Value of Heineken Malaysia Bhd (HEIM.KL) is 25.79 MYR. This HEIM.KL valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 22.70 MYR, the upside of Heineken Malaysia Bhd is 13.60%.
The range of the Intrinsic Value is 20.53 - 35.64 MYR
Based on its market price of 22.70 MYR and our intrinsic valuation, Heineken Malaysia Bhd (HEIM.KL) is undervalued by 13.60%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 20.53 - 35.64 | 25.79 | 13.6% |
| DCF (Growth 10y) | 22.83 - 37.51 | 27.99 | 23.3% |
| DCF (EBITDA 5y) | 23.80 - 30.06 | 26.63 | 17.3% |
| DCF (EBITDA 10y) | 26.06 - 33.67 | 29.47 | 29.8% |
| Fair Value | 38.01 - 38.01 | 38.01 | 67.46% |
| P/E | 22.01 - 26.97 | 22.46 | -1.1% |
| EV/EBITDA | 22.36 - 27.94 | 24.00 | 5.7% |
| EPV | 33.23 - 41.60 | 37.42 | 64.8% |
| DDM - Stable | 12.88 - 30.80 | 21.84 | -3.8% |
| DDM - Multi | 18.92 - 31.69 | 23.41 | 3.1% |
| Market Cap (mil) | 6,857.67 |
| Beta | 0.54 |
| Outstanding shares (mil) | 302.10 |
| Enterprise Value (mil) | 7,001.81 |
| Market risk premium | 6.85% |
| Cost of Equity | 8.35% |
| Cost of Debt | 5.70% |
| WACC | 8.26% |