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 36,653 - -
Change - 8.76% -0.18% 53.1% 29.9% -4.4% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 38,757 37,719 36,552
Change - 8.83% 10.9% 46.31% 27.58% -3.81% -2.68% -3.09%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 48.8x 43.1x 38.1x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 8.24x 7.13x 6.26x
PEG - 4.1x 3.9x 2.6x 1.9x 1.7x 3.3x 2.9x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 6.79x 6.09x 5.59x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.18x 6.27x 5.57x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 25.2x 21.9x 19.3x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 29.7x 25.6x 22.4x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 39.6x 32.9x 28.9x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.52% 3.04% 3.46%
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% 0.09% 0.09%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.321 7.155 8.097
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 3.91% 3.79% 3.59%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,397 6,017 6,561
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,537 1,721 1,890
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,307 1,472 1,630
Net income 1 304.2 351.7 403.6 514.1 690.4 890.8 1,007 1,138
Net Debt 1 128.2 150.8 2,307 2,067 1,950 2,104 1,066 -101.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 308.53 308.53 308.53
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,757 - -
Announcement Date 12/15/21 12/19/22 12/18/23 12/17/24 12/18/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
48.81x7.18x25.22x0.08% 36.65B
33.69x3.7x16.76x1.23% 159B
42.26x9.51x29.51x0.22% 92.71B
30.89x8.83x16.85x-.--% 61.7B
20.8x2.18x11.48x1.24% 22.71B
34.73x5.3x23.56x0.19% 19.93B
191.45x - - - 15.2B
47.21x - - - 8.13B
19.2x1.44x10.36x-.--% 7.39B
59.57x3.46x18.06x - 5.11B
Average 52.86x 5.20x 18.97x 0.42% 42.84B
Weighted average by Cap. 41.71x 6.08x 20.39x 0.63%

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