HEICO Corporation (HEI)
Total Valuation
HEICO has a market cap or net worth of $19.70 billion. The enterprise value is $19.85 billion.
| Market Cap | 19.70B |
| Enterprise Value | 19.85B |
Important Dates
The next earnings date is Monday, August 29, 2022, after market close.
| Estimated Earnings Date | Aug 29, 2022 |
| Ex-Dividend Date | Jun 30, 2022 |
Share Statistics
HEICO has 120.64 million shares outstanding. The number of shares has increased by 0.04% in one year.
| Shares Outstanding | 120.64M |
| Shares Change (YoY) | +0.04% |
| Shares Change (QoQ) | +0.19% |
| Owned by Insiders (%) | 22.70% |
| Owned by Institutions (%) | 70.90% |
| Float | 116.56M |
Valuation Ratios
The trailing PE ratio is 67.20 and the forward PE ratio is 55.87. HEICO's PEG ratio is 4.70.
| PE Ratio | 67.20 |
| Forward PE | 55.87 |
| PS Ratio | 9.80 |
| Forward PS | 8.14 |
| PB Ratio | 8.27 |
| P/FCF Ratio | 52.08 |
| PEG Ratio | 4.70 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 39.48, with a EV/FCF ratio of 52.48.
| EV / Earnings | 59.27 |
| EV / Sales | 9.87 |
| EV / EBITDA | 39.48 |
| EV / EBIT | 48.54 |
| EV / FCF | 52.48 |
Financial Position
The company has a current ratio of 3.40, with a Debt / Equity ratio of 0.11.
| Current Ratio | 3.40 |
| Quick Ratio | 1.27 |
| Debt / Equity | 0.11 |
| Debt / EBITDA | 0.53 |
| Debt / FCF | 0.70 |
Financial Efficiency
Return on equity (ROE) is 14.70% and return on invested capital (ROIC) is 30.30%.
| Return on Equity (ROE) | 14.70% |
| Return on Assets (ROA) | 9.50% |
| Return on Capital (ROIC) | 30.30% |
| Revenue Per Employee | $358,979 |
| Profits Per Employee | $59,800 |
| Employee Count | 5,600 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 2.48 |
Taxes
In the past 12 months, HEICO has paid $69.50 million in taxes.
| Income Tax | 69.50M |
| Effective Tax Rate | 17.19% |
Stock Price Statistics
The stock price has increased by +28.97% in the last 52 weeks. The beta is 1.16, so HEICO's price volatility has been higher than the market average.
| Beta (1Y) | 1.16 |
| 52-Week Price Change | +28.97% |
| 50-Day Moving Average | 145.56 |
| 200-Day Moving Average | 143.43 |
| Average Volume (30 Days) | 312,988 |
Short Selling Information
The latest short interest is 1.96 million, so 1.63% of the outstanding shares have been sold short.
| Short Interest | 1.96M |
| Short % of Shares Out | 1.63% |
| Short % of Float | 1.69% |
| Short Ratio (days to cover) | 6.55 |
Income Statement
In the last 12 months, HEICO had revenue of $2.01 billion and earned 334.88 million in profits. Earnings per share was $2.43.
| Revenue | 2.01B |
| Gross Profit | 790.66M |
| Operating Income | 437.47M |
| Pretax Income | 404.38M |
| Net Income | 334.88M |
| EBITDA | 502.72M |
| EBIT | 408.91M |
| Earnings Per Share (EPS) | $2.43 |
Balance Sheet
The company has $117.32 million in cash and $265.88 million in debt, giving a net cash position of -$148.56 million or -$1.23 per share.
| Cash & Cash Equivalents | 117.32M |
| Total Debt | 265.88M |
| Net Cash | -148.56M |
| Net Cash Per Share | -$1.23 |
| Book Value | 2.38B |
| Book Value Per Share | 19.74 |
| Working Capital | 728.53M |
Cash Flow
In the last 12 months, operating cash flow was $408.73 million and capital expenditures -$30.46 million, giving a free cash flow of $378.27 million.
| Operating Cash Flow | 408.73M |
| Capital Expenditures | -30.46M |
| Free Cash Flow | 378.27M |
| FCF Per Share | $3.14 |
Margins
Gross margin is 39.33%, with operating and profit margins of 21.76% and 16.66%.
| Gross Margin | 39.33% |
| Operating Margin | 21.76% |
| Pretax Margin | 20.12% |
| Profit Margin | 16.66% |
| EBITDA Margin | 25.01% |
| EBIT Margin | 20.34% |
| FCF Margin | 18.82% |
Dividends & Yields
This stock pays an annual dividend of $0.18, which amounts to a dividend yield of 0.11%.
| Dividend Per Share | $0.18 |
| Dividend Yield | 0.11% |
| Earnings Yield | 1.70% |
| FCF Yield | 1.92% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | 7.30% |
| Buyback Yield | -0.04% |
| Shareholder Yield | 0.07% |
Analyst Forecast
The average price target for HEICO is $162.11, which is -0.73% lower than the current price. The consensus rating is "Buy".
| Price Target | $162.11 |
| Price Target Difference | -0.73% |
| Analyst Consensus | Buy |
| Analyst Count | 20 |
Stock Splits
The last stock split was on June 28, 2018. It was a forward split with a ratio of 125:100.
| Last Split Date | Jun 28, 2018 |
| Split Type | Forward |
| Split Ratio | 125:100 |