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 35,335 - -
Change - 8.76% -0.18% 53.1% 29.9% -7.84% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 37,439 36,400 35,234
Change - 8.83% 10.9% 46.31% 27.58% -7.08% -2.77% -3.21%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 47.5x 41.9x 37.1x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 7.99x 6.92x 6.08x
PEG - 4.1x 3.9x 2.6x 1.9x 1.7x 3.2x 2.8x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 6.55x 5.88x 5.39x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 6.94x 6.06x 5.38x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 24.4x 21.2x 18.7x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 28.7x 24.8x 21.7x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 38.3x 31.8x 27.9x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.61% 3.15% 3.59%
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% 0.1%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.306 7.138 8.078
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 6,008 6,550
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,534 1,717 1,886
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,304 1,469 1,626
Net income 1 304.2 351.7 403.6 514.1 690.4 890.6 1,008 1,141
Net Debt 1 128.2 150.8 2,307 2,067 1,950 2,104 1,066 -101.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 299.43 299.43 299.43
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
47.48x6.94x24.41x0.08% 35.33B
32.68x3.59x16.27x1.26% 156B
41.47x9.33x28.92x0.23% 90.82B
29.89x8.64x16.48x-.--% 59.7B
36.68x5.6x24.87x0.18% 21.05B
19.05x2.01x10.57x1.38% 21.06B
198.5x - - - 15.78B
47.46x - - - 8.18B
19.31x1.45x10.42x-.--% 7.52B
53.17x3.12x16.27x - 4.72B
Average 52.57x 5.09x 18.53x 0.45% 42.03B
Weighted average by Cap. 41.45x 5.94x 19.97x 0.65%

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

  1. Stock Market
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  3. HEI Stock
  4. Valuation HEICO Corporation
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