HEICO Corporation (HEI)

NYSE: HEI · IEX Real-Time Price · USD
163.24
-1.58 (-0.96%)
Aug 19, 2022 4:00 PM EDT - Market closed

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 Forecasts

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