Company Valuation: HEICO Corporation

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 17,759 19,315 19,279 29,515 38,342 38,718 - -
Change - 8.76% -0.18% 53.1% 29.9% 0.98% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 40,083 39,091 38,067
Change - 8.83% 10.9% 46.31% 27.58% -0.52% -2.47% -2.62%
P/E ratio 63.1x 63.8x 54.4x 66.7x 64.9x 58.8x 51.9x 45.9x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 8.85x 7.83x 6.96x
PEG - 4.1x 3.9x 2.6x 1.9x 4.8x 3.9x 3.5x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.75x 7.17x 6.68x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 8.02x 7.23x 6.57x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 29.4x 26.1x 23.4x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 34.5x 30.5x 27x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 44.8x 37.1x 32.8x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.23% 2.7% 3.04%
Dividend per Share 2 0.18 0.18 0.2 0.21 0.23 0.251 0.275 0.3028
Rate of return 0.13% 0.11% 0.13% 0.09% 0.07% 0.08% 0.09% 0.09%
EPS 2 2.21 2.55 2.91 3.67 4.9 5.499 6.233 7.046
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 4.56% 4.41% 4.3%
Net sales 1 1,866 2,208 2,968 3,858 4,485 4,999 5,403 5,792
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,365 1,496 1,625
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,162 1,281 1,408
Net income 1 304.2 351.7 403.6 514.1 690.4 774.1 883.7 998.3
Net Debt 1 128.2 150.8 2,307 2,067 1,950 1,365 373.3 -650.8
Reference price 2 139.39 162.64 158.41 244.95 317.77 323.36 323.36 323.36
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,410 - -
Announcement Date 15/12/21 19/12/22 18/12/23 17/12/24 18/12/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
58.8x8.02x29.36x0.08% 38.72B
38.69x3.99x19x1.07% 151B
59.71x11.29x38.84x0.19% 90.25B
38.7x10.15x19.3x1.27% 74.09B
22.39x2.51x12.66x0.78% 24.57B
50.4x7.11x31.75x0.14% 23.8B
188.89x - - - 19.43B
66.38x - - - 10.92B
36.76x2.01x14.99x-.--% 10.22B
28.61x - - - 6.35B
Average 58.93x 6.44x 23.70x 0.5% 44.91B
Weighted average by Cap. 51.37x 7.12x 24.63x 0.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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