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 38,213 - -
Change - 8.76% -0.18% 53.1% 29.9% -0.33% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 40,324 39,240 38,087
Change - 8.83% 10.9% 46.31% 27.58% 0.08% -2.69% -2.94%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 51.7x 45.7x 40.4x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 8.69x 7.52x 6.61x
PEG - 4.1x 3.9x 2.6x 1.9x 1.8x 3.5x 3.1x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.09x 6.37x 5.84x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.48x 6.54x 5.82x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 26.3x 22.9x 20.2x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 31x 26.8x 23.4x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 41.4x 34x 30.5x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.42% 2.94% 3.28%
Dividend per Share 2 0.18 0.18 0.2 0.21 0.23 0.2471 0.2712 0.2907
Rate of return 0.13% 0.11% 0.13% 0.09% 0.07% 0.08% 0.08% 0.09%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.299 7.132 8.07
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 3.92% 3.8% 3.6%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,393 6,003 6,548
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,531 1,716 1,883
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,301 1,466 1,624
Net income 1 304.2 351.7 403.6 514.1 690.4 889.3 1,007 1,138
Net Debt 1 128.2 150.8 2,307 2,067 1,950 2,110 1,027 -126.7
Reference price 2 139.39 162.64 158.41 244.95 317.77 325.70 325.70 325.70
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,757 - -
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.($)
51.71x7.48x26.33x0.08% 38.21B
33.21x3.64x16.54x1.24% 160B
47.48x10.62x32.95x0.2% 104B
32.03x9.07x17.29x-.--% 64B
19.38x2.04x10.75x1.36% 21.57B
36.59x5.59x24.86x0.18% 21.01B
195.8x - - - 15.53B
47.25x - - - 8.13B
20.49x1.53x10.96x-.--% 8.01B
50.87x3.07x16.02x - 4.71B
Average 53.48x 5.38x 19.46x 0.44% 44.48B
Weighted average by Cap. 43.34x 6.51x 21.60x 0.61%

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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  3. HEI Stock
  4. Valuation HEICO Corporation