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 41,424 - -
Change - 8.76% -0.18% 53.1% 29.9% 8.04% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 43,379 42,393 41,235
Change - 8.83% 10.9% 46.31% 27.58% 7.66% -2.27% -2.73%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 58.9x 52x 45.8x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 9.57x 8.37x 7.36x
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 7.87x 7.13x 6.57x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 8.24x 7.3x 6.54x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 29.4x 25.8x 23.1x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 34.7x 30.4x 26.9x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 46.6x 37.8x 33.8x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.14% 2.65% 2.96%
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 2 139.39 162.64 158.41 244.95 317.77 356.36 356.36 356.36
Nbr of stocks (in thousands) 1,35,384 1,36,592 1,38,187 1,38,598 1,39,206 1,39,738 - -
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.($)
58.88x8.24x29.36x0.07% 4.14TCr
34.31x3.74x17.13x1.22% 16TCr
54.22x11.89x37.22x0.18% 11TCr
35.81x9.65x18.45x1.33% 7.02TCr
47.71x7.1x31.65x0.14% 2.67TCr
20.78x2.17x11.46x1.05% 2.24TCr
157.82x - - - 1.37TCr
24.88x1.79x12.92x-.--% 974.48Cr
46.29x - - - 808.5Cr
54.13x3.49x18.19x - 490.49Cr
Average 53.48x 6.01x 22.05x 0.57% 4.71TCr
Weighted average by Cap. 45.38x 7.20x 24.01x 0.77%

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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