Company Valuation: HEICO Corporation

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,759 19,315 19,279 29,515 38,342 40,396 - -
Change - 8.76% -0.18% 53.1% 29.9% 5.36% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 42,261 41,270 40,195
Change - 8.83% 10.9% 46.31% 27.58% 4.89% -2.34% -2.6%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 57.8x 51.1x 44.8x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 9.39x 8.25x 7.27x
PEG - 4.1x 3.9x 2.6x 1.9x 2.5x 3.9x 3.2x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.68x 7.01x 6.45x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 8.04x 7.16x 6.42x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 28.7x 25.5x 22.8x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 33.9x 29.9x 26.5x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 45.7x 37.1x 33x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.19% 2.7% 3.03%
Dividend per Share 2 0.18 0.18 0.2 0.21 0.23 0.2486 0.2712 0.2926
Rate of return 0.13% 0.11% 0.13% 0.09% 0.07% 0.07% 0.08% 0.08%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.014 6.807 7.77
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 4.13% 3.98% 3.77%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,258 5,765 6,261
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,472 1,620 1,766
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,246 1,380 1,518
Net income 1 304.2 351.7 403.6 514.1 690.4 846.7 951.7 1,081
Net Debt 1 128.2 150.8 2,307 2,067 1,950 1,864 873.9 -201.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 347.78 347.78 347.78
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,659 - -
Announcement Date 15/12/21 19/12/22 18/12/23 17/12/24 18/12/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
57.83x8.04x28.71x0.07% 40.4B
34.64x3.75x17.34x1.21% 157B
52.18x11.45x35.86x0.19% 109B
36.91x9.85x18.82x1.29% 72.51B
50.08x7.48x33.29x0.13% 28.1B
20.46x2.12x11.04x1.3% 21.79B
161.14x - - - 13.89B
23.88x1.73x12.47x-.--% 9.36B
44.94x - - - 7.79B
64.4x4.55x23.7x - 5.37B
Average 54.65x 6.12x 22.65x 0.6% 46.5B
Weighted average by Cap. 45.45x 7.15x 23.83x 0.77%

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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