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HEICO Corp
NYSE:HEI

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HEICO Corp Logo
HEICO Corp
NYSE:HEI
Watchlist
Price: 159.15 USD -0.09% Market Closed
Updated: May 31, 2023

Intrinsic Value

HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. [ Read More ]

The intrinsic value of one HEI stock under the Base Case scenario is 87.12 USD. Compared to the current market price of 159.15 USD, HEICO Corp is Overvalued by 45%.

Key Points:
HEI Intrinsic Value
Base Case
87.12 USD
Overvaluation 45%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

Financials

Balance Sheet Decomposition
HEICO Corp

Current Assets 1.4B
Cash & Short-Term Investments 127M
Receivables 465M
Other Current Assets 775M
Non-Current Assets 3.5B
PP&E 274M
Intangibles 2.9B
Other Non-Current Assets 354M
Current Liabilities 467M
Accounts Payable 148M
Accrued Liabilities 211M
Other Current Liabilities 108M
Non-Current Liabilities 1.6B
Long-Term Debt 736M
Other Non-Current Liabilities 850M
Efficiency
Fundamental Scores

HEI Profitability Score
Profitability Due Diligence

HEICO Corp's profitability score is 60/100. The higher the profitability score, the more profitable the company is.

Positive Free Cash Flow
Positive Gross Profit
Positive Operating Income
Positive 3-Year Average ROE
60/100
Profitability
Score

HEICO Corp's profitability score is 60/100. The higher the profitability score, the more profitable the company is.

HEI Solvency Score
Solvency Due Diligence

HEICO Corp's solvency score is 80/100. The higher the solvency score, the more solvent the company is.

High Interest Coverage
High Altman Z-Score
Low D/E
Short-Term Solvency
80/100
Solvency
Score

HEICO Corp's solvency score is 80/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

HEI Price Targets Summary
HEICO Corp

Wall Street analysts forecast HEI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for HEI is 185.03 USD with a low forecast of 146.45 USD and a high forecast of 215.25 USD.

Lowest
Price Target
146.45 USD
8% Downside
Average
Price Target
185.03 USD
16% Upside
Highest
Price Target
215.25 USD
35% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

HEI Competitors
HEICO Corp

HEI Suppliers & Customers
HEICO Corp

Suppliers Map
Customers Map

Ownership

HEI Insider Trading
Buy and sell transactions by insiders

HEICO Corp insiders have sold more shares than they have bought in the past 12 months.

During the last 12 months HEICO Corp insiders bought 3.7M USD , and sold 14.9M USD worth of shares. The last transaction was made on Apr 12, 2023 by Neitzel Julie (Director), who sold 66.8k USD worth of HEI shares.

Sold
0-3
months
6.7M USD
2
3-6
months
6.4M USD
4
6-9
months
1.8M USD
2
9-12
months
0 USD
0
Bought
0-3
months
0
0 USD
3-6
months
10
3.7M USD
6-9
months
0
0 USD
9-12
months
No Insider Transactions
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6.7M USD
N/A
-6.7M
6 Months
13.1M USD
3.7M USD
-9.4M
9 Months
14.9M USD
3.7M USD
-11.3M
12 Months
14.9M USD
3.7M USD
-11.3M
Why is insider trading important?

Shareholder Return

HEI Return Decomposition
Main factors of price return

Market capitalization of HEI shares increased by 125.96% over the past 5 years. The primary factor behind the change was an increase in earnings growth from 246M to 378M, leading to a growth in the market capitalization of HEICO Corp by 66.58%.

Market capitalization of HEI shares increased by 125.96% over the past 5 years. The primary factor behind the change was an increase in earnings growth from 246M to 378M, leading to a growth in the market capitalization of HEICO Corp by 66.58%.

+125.96%
9.6B 21.8B
Market Cap Growth
+59.38%
39.3 57.7
P/E Change
+66.58%
246M 378M
Earnings Growth
Market Cap Growth
+125.96%
P/E Change
+59.38%
Earnings Growth
+66.58%
What is price return decomposition?

HEI Price
HEICO Corp

1M 1M
-7%
6M 6M
-3%
1Y 1Y
+11%
3Y 3Y
+55%
5Y 5Y
+118%
10Y 10Y
+695%
Annual Price Range
159.15
52w Low
127.42
52w High
178.94
Price Metrics
Average Annual Return 20.14%
Standard Deviation of Annual Returns 25.4%
Max Drawdown -58%
Shares Statistics
Market Capitalization 21.8B USD
Shares Outstanding 135 120 000
Percentage of Shares Shorted 3.92%

Company Profile

HEICO Corp Logo
HEICO Corp

Country

United States of America

Industry

Aerospace & Defense

Market Cap

21.8B USD

Dividend Yield

0%

Description

HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. The company is headquartered in Hollywood, Florida and currently employs 5,600 full-time employees. The firm operates through two segments: Flight Support Group (FSG) and Electronic Technologies Group (ETG). The FSG segment consists of HEICO Aerospace Holdings Corp. and HEICO Flight Support Corp. and their subsidiaries. FSG segment uses technology to design and manufacture jet engine and aircraft component replacement parts. In addition, the FSG segment repairs, overhauls and distributes jet engine and aircraft components, avionics and instruments for domestic and foreign commercial air carriers and aircraft repair companies, as well as military and business aircraft operators. The ETG segment consists of HEICO Electronic Technologies Corp. and its subsidiaries. ETG segment designs, manufactures and sells various types of electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers and electrical power supplies.

Contact

FLORIDA
Hollywood
3000 Taft St
+19549874000.0
https://www.heico.com/

IPO

1980-03-17

Employees

5 600

Officers

Chairman & CEO
Mr. Laurans A. Mendelson
Co-Pres & Director
Mr. Victor H. Mendelson
Exec. VP, CFO & Treasurer
Mr. Carlos L. Macau Jr.
Chief Accounting Officer & Assistant Treasurer
Mr. Steven M. Walker
Gen. Counsel
Mr. Joseph W. Pallot
Sr. Exec. VP
Mr. Thomas S. Irwin
Show More
Corp. Sec.
Elizabeth R. Letendre
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one HEI stock?

The intrinsic value of one HEI stock under the Base Case scenario is 87.12 USD.

Is HEI stock undervalued or overvalued?

Compared to the current market price of 159.15 USD, HEICO Corp is Overvalued by 45%.