Hawaiian Electric Industries, Inc. (HE)

HE Statistics

Total Valuation

HE has a market cap or net worth of $1.71 billion. The enterprise value is $5.09 billion.

Market Cap	1.71B
Enterprise Value	5.09B

Important Dates

The next confirmed earnings date is Friday, November 8, 2024, after market close.

Earnings Date	Nov 8, 2024
Ex-Dividend Date	Aug 17, 2023

Share Statistics

HE has 164.36 million shares outstanding. The number of shares has increased by 0.22% in one year.

Shares Outstanding	164.36M
Shares Change (YoY)	+0.22%
Shares Change (QoQ)	-0.16%
Owned by Insiders (%)	0.23%
Owned by Institutions (%)	51.04%
Float	163.87M

Valuation Ratios

PE Ratio	n/a
Forward PE	6.70
PS Ratio	0.31
Forward PS	n/a
PB Ratio	1.05
P/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.39
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 8.58, with a Debt / Equity ratio of 3.48.

Current Ratio	8.58
Quick Ratio	8.45
Debt / Equity	3.48
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-11.08

Financial Efficiency

Return on equity (ROE) is -68.37% and return on invested capital (ROIC) is -16.86%.

Return on Equity (ROE)	-68.37%
Return on Assets (ROA)	-5.48%
Return on Capital (ROIC)	-16.86%
Revenue Per Employee	$985,635
Profits Per Employee	-$313,938
Employee Count	3,706
Asset Turnover	0.22
Inventory Turnover	n/a

Taxes

Income Tax	-420.42M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -24.80% in the last 52 weeks. The beta is 0.54, so HE's price volatility has been lower than the market average.

Beta (5Y)	0.54
52-Week Price Change	-24.80%
50-Day Moving Average	10.48
200-Day Moving Average	11.44
Relative Strength Index (RSI)	54.47
Average Volume (20 Days)	2,875,851

Short Selling Information

The latest short interest is 7.67 million, so 4.67% of the outstanding shares have been sold short.

Short Interest	7.67M
Short Previous Month	11.32M
Short % of Shares Out	4.67%
Short % of Float	4.68%
Short Ratio (days to cover)	1.21

Income Statement

In the last 12 months, HE had revenue of $3.65 billion and -$1.16 billion in losses. Loss per share was -$10.58.

Revenue	3.65B
Gross Profit	-1.09B
Operating Income	-1.47B
Pretax Income	-1.58B
Net Income	-1.16B
EBITDA	-1.15B
EBIT	-1.47B
Loss Per Share	-$10.58

Balance Sheet

The company has $550.50 million in cash and $3.90 billion in debt, giving a net cash position of -$3.35 billion or -$20.36 per share.

Cash & Cash Equivalents	550.50M
Total Debt	3.90B
Net Cash	-3.35B
Net Cash Per Share	-$20.36
Equity (Book Value)	1.12B
Book Value Per Share	9.84
Working Capital	6.27B

Cash Flow

In the last 12 months, operating cash flow was $373.30 million and capital expenditures -$392.29 million, giving a free cash flow of -$18.99 million.

Operating Cash Flow	373.30M
Capital Expenditures	-392.29M
Free Cash Flow	-18.99M
FCF Per Share	-$0.12

Margins

Gross margin is -29.79%, with operating and profit margins of -40.28% and -31.85%.

Gross Margin	-29.79%
Operating Margin	-40.28%
Pretax Margin	-43.36%
Profit Margin	-31.85%
EBITDA Margin	-31.59%
EBIT Margin	-40.28%
FCF Margin	-0.52%

Dividends & Yields

This stock pays an annual dividend of $1.44, which amounts to a dividend yield of 13.87%.

Dividend Per Share	$1.44
Dividend Yield	13.87%
Dividend Growth (YoY)	2.88%
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.22%
Shareholder Yield	13.65%
Earnings Yield	-68.20%
FCF Yield	-1.11%

Analyst Forecast

The average price target for HE is $10.25, which is -1.25% lower than the current price. The consensus rating is "Hold".

Price Target	$10.25
Price Target Difference	-1.25%
Analyst Consensus	Hold
Analyst Count	2
Revenue Growth Forecast (5Y)	2.71%
EPS Growth Forecast (5Y)	5.58%

Stock Splits

The last stock split was on June 14, 2004. It was a forward split with a ratio of 2:1.

Last Split Date	Jun 14, 2004
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3