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 36,313 - -
Change - 8.76% -0.18% 53.1% 29.9% -5.29% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 38,417 37,379 36,212
Change - 8.83% 10.9% 46.31% 27.58% -4.65% -2.7% -3.12%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 48.5x 42.8x 37.8x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 8.18x 7.08x 6.22x
PEG - 4.1x 3.9x 2.6x 1.9x 1.7x 3.2x 2.9x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 6.73x 6.03x 5.53x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.12x 6.21x 5.52x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 25x 21.7x 19.2x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 29.4x 25.4x 22.2x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 39.3x 32.6x 28.7x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.55% 3.06% 3.49%
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 2 139.39 162.64 158.41 244.95 317.77 306.33 306.33 306.33
Nbr of stocks (in thousands) 1,35,384 1,36,592 1,38,187 1,38,598 1,39,206 1,39,757 - -
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.($)
49.13x7.19x25.25x0.08% 3.67TCr
33.66x3.69x16.74x1.23% 16TCr
41.58x9.37x29.05x0.23% 9.12TCr
30.59x8.78x16.74x-.--% 6.11TCr
20.46x2.15x11.3x1.29% 2.23TCr
35.08x5.36x23.79x0.19% 2.01TCr
197.8x - - - 1.57TCr
47.63x - - - 820.2Cr
19.05x1.43x10.25x-.--% 734.07Cr
59.61x3.46x18.07x - 512.91Cr
Average 53.46x 5.18x 18.90x 0.43% 4.27TCr
Weighted average by Cap. 42.00x 6.02x 20.26x 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