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 36,849 - -
Change - 8.76% -0.18% 53.1% 29.9% -3.89% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 38,950 37,905 36,736
Change - 8.83% 10.9% 46.31% 27.58% -3.33% -2.68% -3.08%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 49.1x 43.1x 38.2x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 8.3x 7.18x 6.31x
PEG - 4.1x 3.9x 2.6x 1.9x 1.7x 3.1x 3x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 6.82x 6.12x 5.62x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.2x 6.29x 5.6x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 25.3x 22x 19.4x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 29.6x 25.6x 22.4x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 40x 33x 29.1x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.5% 3.03% 3.44%
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 6.335 7.204 8.128
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 3.9% 3.76% 3.58%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,407 6,022 6,560
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,538 1,721 1,891
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,315 1,482 1,636
Net income 1 304.2 351.7 403.6 514.1 690.4 890.6 1,015 1,143
Net Debt 1 128.2 150.8 2,307 2,067 1,950 2,101 1,056 -113.3
Reference price 2 139.39 162.64 158.41 244.95 317.77 310.82 310.82 310.82
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.26x6.29x25.93x0.6% 31TCr
30.73x2.99x17.14x1.45% 26TCr
25.86x1.72x12.75x1.77% 17TCr
20.56x1.95x14.14x2.22% 15TCr
29.48x4.28x17.87x1.16% 14TCr
-140.92x1.6x41.35x-.--% 13TCr
27.59x2.97x13.47x1.51% 13TCr
20.85x1.76x14.44x1.79% 9.57TCr
18.53x1.98x13.95x1.76% 7.85TCr
Average 7.44x 2.84x 19.01x 1.36% 16.23TCr
Weighted average by Cap. 12.65x 3.30x 19.81x 1.27%

Y-o-Y evolution of P/E

Valuation ratios - P/E - HEICO Corporation

Historical PBR trend

Valuation ratios - PBR - HEICO Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - HEICO Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - HEICO Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - HEICO Corporation
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