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 40,568 - -
Change - 8.76% -0.18% 53.1% 29.9% 5.81% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 42,498 41,442 40,367
Change - 8.83% 10.9% 46.31% 27.58% 5.48% -2.49% -2.59%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 57.3x 50.9x 44.4x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 9.31x 8.16x 7.21x
PEG - 4.1x 3.9x 2.6x 1.9x 2.5x 4.1x 3x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.69x 7.06x 6.48x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 8.05x 7.21x 6.45x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 28.6x 25.7x 22.9x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 33.9x 30.2x 26.6x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 46.1x 37.3x 33.2x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.17% 2.68% 3.01%
Dividend per Share 2 0.18 0.18 0.2 0.21 0.23 0.2495 0.2722 0.3144
Rate of return 0.13% 0.11% 0.13% 0.09% 0.07% 0.07% 0.08% 0.09%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.024 6.78 7.773
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 4.14% 4.01% 4.04%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,276 5,749 6,256
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,484 1,610 1,764
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,255 1,373 1,517
Net income 1 304.2 351.7 403.6 514.1 690.4 849.3 947.2 1,081
Net Debt 1 128.2 150.8 2,307 2,067 1,950 1,930 873.9 -201.2
Reference price 2 139.39 162.64 158.41 244.95 317.77 345.21 345.21 345.21
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,659 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
57.31x8.05x28.63x0.07% 40.57B
34.7x3.75x17.37x1.2% 157B
51.72x11.35x35.59x0.19% 108B
37.72x10x19.12x1.26% 74.09B
49.47x7.37x32.74x0.14% 27.61B
20.65x2.14x11.14x1.29% 21.99B
169.59x - - - 14.62B
23.91x1.73x12.47x-.--% 9.36B
43.76x - - - 7.59B
60.97x4.22x21.98x - 4.94B
Average 54.98x 6.08x 22.38x 0.59% 46.56B
Weighted average by Cap. 45.74x 7.14x 23.71x 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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