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 36,046 - -
Change - 8.76% -0.18% 53.1% 29.9% -5.99% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 38,149 37,111 35,944
Change - 8.83% 10.9% 46.31% 27.58% -5.32% -2.72% -3.14%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 48x 42.4x 37.4x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 8.09x 7x 6.16x
PEG - 4.1x 3.9x 2.6x 1.9x 1.7x 3.2x 2.8x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 6.68x 5.99x 5.49x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.07x 6.17x 5.48x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 24.8x 21.6x 19x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 29.2x 25.2x 22.1x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 38.9x 32.4x 28.5x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.57% 3.09% 3.51%
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% 0.1%
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 2 139.39 162.64 158.41 244.95 317.77 303.18 303.18 303.18
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,757 - -
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.($)
36.04x6.61x27.72x0.58% 324B
30.78x2.88x17.1x1.54% 250B
25.64x1.7x12.68x1.79% 171B
34.48x5.02x21.07x0.99% 161B
33.5x3.67x16.66x1.23% 157B
-685.49x1.73x39.15x-.--% 147B
16.71x1.63x11.69x2.75% 118B
41.07x9.26x28.73x0.23% 90.2B
19.53x1.66x13.56x1.9% 89.64B
Average -49.75x 3.80x 20.93x 1.22% 167.6B
Weighted average by Cap. -38.97x 3.96x 21.47x 1.16%

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