Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Heineken (HEIA NA) Vs. Heineken Holdings (HEIO NA): Which Tap?

Heineken / Heineken Holdings NAV Discount

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Event-Driven

<ul>
<li>Smartkarma recently added a new company/holdco to its list of holdcos under the incredibly useful Holdco Monitor tool.</li>
<li>The latest addition to the tool is the European beer giant <a href="https://www.smartkarma.com/entities/heineken-holding-nv" target="_blank" data-smartkarma-citation="entities:21118:1" rel="noopener">Heineken Holding Nv (HEIO NA)</a> and its listed subsidiary <a href="https://www.smartkarma.com/entities/heineken-nv" target="_blank" data-smartkarma-citation="entities:21117:1" rel="noopener">Heineken NV (HEIA NA)</a>.</li>
<li>Below, we take a look at the two companies and evaluate the current holdco discount against different situations in Heineken’s history.</li>
</ul>


Smartkarma recently added a new company/holdco to its list of holdcos under the incredibly useful Holdco Monitor tool.
The latest addition to the tool is the European beer giant Heineken Holding Nv (HEIO NA) and its listed subsidiary Heineken NV (HEIA NA).
Below, we take a look at the two companies and evaluate the current holdco discount against different situations in Heineken’s history.


Holdco Analysis -Heineken Holding: NAV Discount Breaking Out to a Four-Year High

Heineken Holding NV

Holdco Analysis -Heineken Holding: NAV Discount Breaking Out to a Four-Year High