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 43,932 - -
Change - 8.76% -0.18% 53.1% 29.9% 14.58% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 45,886 44,900 43,743
Change - 8.83% 10.9% 46.31% 27.58% 13.89% -2.15% -2.58%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 61.7x 54.5x 48x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 10.1x 8.8x 7.73x
PEG - 4.1x 3.9x 2.6x 1.9x 2.6x 4.1x 3.5x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 8.33x 7.56x 6.96x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 8.7x 7.72x 6.93x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 31.1x 27.3x 24.5x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 36.6x 32.1x 28.4x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 49.1x 39.5x 35x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.04% 2.53% 2.85%
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% 0.07% 0.08%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.068 6.875 7.812
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 4.1% 3.93% 3.74%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,271 5,814 6,315
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 1,253 1,398 1,539
Net income 1 304.2 351.7 403.6 514.1 690.4 853.3 963.9 1,089
Net Debt 1 128.2 150.8 2,307 2,067 1,950 1,954 968.1 -189.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 374.67 374.67 374.67
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,738 - -
Announcement Date 12/15/21 A 12/19/22 A 12/18/23 A 12/17/24 A 12/18/25 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
36.11x3.99x18.34x1.14% 173B
53.02x11.77x36.73x0.18% 115B
34.75x9.59x18.31x-.--% 69.48B
61.74x8.7x31.06x0.07% 43.93B
44.82x6.84x30.46x0.15% 25.83B
21.67x2.26x11.95x1.21% 23.87B
184.4x - - - 14.58B
23.53x1.72x12.36x-.--% 9.23B
46.92x - - - 8.04B
Average 56.33x 6.41x 22.74x 0.39% 53.7B
Weighted average by Cap. 46.44x 7.26x 24.38x 0.55%

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