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 41,649 - -
Change - 8.76% -0.18% 53.1% 29.9% 8.63% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 43,603 42,617 41,460
Change - 8.83% 10.9% 46.31% 27.58% 8.22% -2.26% -2.72%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 59x 52.1x 45.9x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 9.59x 8.39x 7.37x
PEG - 4.1x 3.9x 2.6x 1.9x 2.5x 3.9x 3.4x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.91x 7.17x 6.61x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 8.28x 7.34x 6.58x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 29.5x 26x 23.2x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 34.9x 30.5x 27x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 46.9x 38x 34x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.13% 2.63% 2.94%
Dividend per Share 2 0.18 0.18 0.2 0.21 0.23 0.2486 0.2703 0.2926
Rate of return 0.13% 0.11% 0.13% 0.09% 0.07% 0.07% 0.08% 0.08%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.052 6.858 7.787
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 4.11% 3.94% 3.76%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,265 5,807 6,305
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,478 1,642 1,787
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,250 1,395 1,534
Net income 1 304.2 351.7 403.6 514.1 690.4 849.9 960.6 1,084
Net Debt 1 128.2 150.8 2,307 2,067 1,950 1,954 968.1 -189.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 357.15 357.15 357.15
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,738 - -
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.($)
59.01x8.28x29.51x0.07% 41.65B
34.51x3.75x17.33x1.2% 157B
55.31x12.12x37.95x0.18% 115B
36.72x9.78x18.7x1.3% 71.95B
49.02x7.29x32.51x0.14% 27.48B
20.11x2.1x10.99x1.32% 21.42B
159.77x - - - 13.84B
25.07x1.8x13x-.--% 9.82B
46x - - - 8.01B
53.8x3.47x18.06x - 4.84B
Average 53.93x 6.07x 22.26x 0.6% 47.13B
Weighted average by Cap. 46.16x 7.37x 24.50x 0.76%

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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