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 38,415 - -
Change - 8.76% -0.18% 53.1% 29.9% 0.19% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 40,525 39,441 38,288
Change - 8.83% 10.9% 46.31% 27.58% 0.58% -2.67% -2.92%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 51.6x 45.8x 40.3x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 8.68x 7.51x 6.6x
PEG - 4.1x 3.9x 2.6x 1.9x 1.8x 3.6x 2.9x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.12x 6.42x 5.87x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.51x 6.59x 5.85x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 26.4x 23.1x 20.3x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 31.2x 27x 23.6x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 41.6x 34.2x 30.7x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.4% 2.92% 3.26%
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% 0.08% 0.09%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.302 7.097 8.07
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 3.92% 3.82% 3.6%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,393 5,981 6,548
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,533 1,704 1,883
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,301 1,458 1,624
Net income 1 304.2 351.7 403.6 514.1 690.4 889.7 1,001 1,138
Net Debt 1 128.2 150.8 2,307 2,067 1,950 2,110 1,027 -126.7
Reference price 2 139.39 162.64 158.41 244.95 317.77 325.15 325.15 325.15
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.($)
33.22x3.65x16.54x1.24% 16TCr
46.46x10.4x32.27x0.2% 10TCr
31.96x9.06x17.27x-.--% 6.39TCr
51.6x7.52x26.44x0.08% 3.84TCr
19.35x2.04x10.74x1.36% 2.15TCr
37.04x5.66x25.22x0.18% 2.13TCr
192.55x - - - 1.53TCr
20.13x1.51x10.81x-.--% 787.06Cr
46.88x - - - 806.07Cr
Average 53.24x 5.69x 19.90x 0.44% 4.86TCr
Weighted average by Cap. 42.81x 6.48x 21.47x 0.62%

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
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  5. Valuation HEICO Corporation