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 41,442 - -
Change - 8.76% -0.18% 53.1% 29.9% 8.09% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 43,372 42,316 41,241
Change - 8.83% 10.9% 46.31% 27.58% 7.64% -2.44% -2.54%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 59.1x 52.3x 45.8x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 9.57x 8.44x 7.44x
PEG - 4.1x 3.9x 2.6x 1.9x 2.6x 4x 3.3x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.85x 7.19x 6.62x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 8.22x 7.34x 6.59x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 29.2x 26.1x 23.4x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 34.6x 30.7x 27.2x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 47x 38.1x 33.9x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.13% 2.63% 2.95%
Dividend per Share 2 0.18 0.18 0.2 0.21 0.23 0.2495 0.2722 0.3144
Rate of return 0.13% 0.11% 0.13% 0.09% 0.07% 0.07% 0.08% 0.09%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.027 6.816 7.773
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 4.14% 3.99% 4.04%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,276 5,762 6,256
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,484 1,619 1,764
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,255 1,379 1,517
Net income 1 304.2 351.7 403.6 514.1 690.4 849.3 953.6 1,081
Net Debt 1 128.2 150.8 2,307 2,067 1,950 1,930 873.9 -201.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 356.19 356.19 356.19
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.($)
35.99x3.9x18.04x1.16% 163B
51.83x11.35x35.57x0.19% 108B
37.91x10.04x19.19x1.25% 74.51B
50.17x7.48x33.2x0.14% 27.99B
20.96x2.17x11.31x1.27% 22.36B
174.27x - - - 15.05B
25.41x1.82x13.13x-.--% 9.94B
44.29x - - - 7.69B
70.77x4.84x25.19x - 5.73B
Average 56.84x 5.94x 22.23x 0.67% 48.25B
Weighted average by Cap. 45.54x 7.07x 23.48x 0.83%

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
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  5. Valuation HEICO Corporation