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 39,926 - -
Change - 8.76% -0.18% 53.1% 29.9% 4.13% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 41,856 40,800 39,725
Change - 8.83% 10.9% 46.31% 27.58% 3.88% -2.52% -2.63%
P/E Ratio 63.1x 63.8x 54.4x 66.7x 64.9x 56.3x 50x 43.6x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 9.15x 8.02x 7.09x
PEG - 4.1x 3.9x 2.6x 1.9x 2.5x 4x 3x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.57x 6.95x 6.38x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.93x 7.1x 6.35x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 28.2x 25.3x 22.5x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 33.4x 29.7x 26.2x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 45.3x 36.4x 32.7x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.21% 2.75% 3.06%
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 6.024 6.78 7.773
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 4.14% 4.01% 4.04%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,276 5,749 6,256
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,484 1,610 1,764
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,255 1,373 1,517
Net income 1 304.2 351.7 403.6 514.1 690.4 849.3 947.2 1,081
Net Debt 1 128.2 150.8 2,307 2,067 1,950 1,930 873.9 -201.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 339.22 339.22 339.22
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,659 - -
Announcement Date 12/15/21 12/19/22 12/18/23 12/17/24 12/18/25 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
56.31x7.93x28.2x0.07% 39.93B
30.8x3.32x15.45x1.36% 141B
50.89x11.19x35.04x0.2% 106B
35.82x9.62x18.38x1.33% 70.34B
50.13x7.48x33.18x0.14% 27.97B
17.67x1.85x9.67x1.51% 19.01B
173.59x - - - 15.02B
22.06x1.63x11.74x-.--% 8.63B
43.8x - - - 7.63B
68.73x4.21x21.89x - 5.65B
Average 54.98x 5.90x 21.69x 0.66% 44.11B
Weighted average by Cap. 44.79x 7.00x 23.05x 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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