HEICO Statistics

Share Statistics

HEICO has 120.64M shares outstanding. The number of shares has increased by 0.8% in one year.

Shares Outstanding	120.64M
Shares Change (YoY)	0.8%
Shares Change (QoQ)	-0.01%
Owned by Institutions (%)	27.45%
Shares Floating	93.35M
Failed to Deliver (FTD) Shares	30
FTD / Avg. Volume	0.01%

Short Selling Information

The latest short interest is 2.31M, so 1.66% of the outstanding shares have been sold short.

Short Interest	2.31M
Short % of Shares Out	1.66%
Short % of Float	4.99%
Short Ratio (days to cover)	5.26

Valuation Ratios

The PE ratio is 65.97 and the forward PE ratio is 60.78. HEICO's PEG ratio is 2.52.

PE Ratio	65.97
Forward PE	60.78
PS Ratio	8.79
Forward PS	8
PB Ratio	9.33
P/FCF Ratio	55.23
PEG Ratio	2.52

Financial Ratio History

Enterprise Valuation

HEICO has an Enterprise Value (EV) of 36.01B.

EV / Sales	9.33
EV / EBITDA	35.93
EV / EBIT	53.55
EV / FCF	58.63

Financial Position

The company has a current ratio of 3.11, with a Debt / Equity ratio of 0.62.

Current Ratio	3.11
Quick Ratio	1.34
Debt / Equity	0.62
Debt / EBITDA	2.25
Debt / FCF	3.67
Interest Coverage	5.52

Financial Efficiency

Return on Equity is 14.14% and Return on Invested Capital is 9.78%.

Return on Equity	14.14%
Return on Assets	6.77%
Return on Invested Capital	9.78%
Revenue Per Employee	$385.77K
Profits Per Employee	$51.41K
Employee Count	10,000
Asset Turnover	0.51
Inventory Turnover	2.01

Taxes

Income Tax	118.5M
Effective Tax Rate	17.49%

Stock Price Statistics

The stock price has increased by 32.93% in the last 52 weeks. The beta is 1.12, so HEICO's price volatility has been higher than the market average.

Beta	1.12
52-Week Price Change	32.93%
50-Day Moving Average	315.27
200-Day Moving Average	268.25
Relative Strength Index (RSI)	45.31
Average Volume (20 Days)	469,987

Income Statement

In the last 12 months, HEICO had revenue of 3.86B and earned 514.11M in profits. Earnings per share was 3.71.

Revenue	3.86B
Gross Profit	1.5B
Operating Income	824.46M
Net Income	514.11M
EBITDA	1B
EBIT	826.9M
Earnings Per Share (EPS)	3.71

Full Income Statement

Balance Sheet

The company has 162.1M in cash and 2.25B in debt, giving a net cash position of -2.09B.

Cash & Cash Equivalents	162.1M
Total Debt	2.25B
Net Cash	-2.09B
Retained Earnings	3.06B
Total Assets	8.09B
Working Capital	1.62B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 672.37M and capital expenditures -58.26M, giving a free cash flow of 614.11M.

Operating Cash Flow	672.37M
Capital Expenditures	-58.26M
Free Cash Flow	614.11M
FCF Per Share	4.44

Full Cash Flow Statement

Margins

Gross margin is 38.93%, with operating and profit margins of 21.37% and 13.33%.

Gross Margin	38.93%
Operating Margin	21.37%
Pretax Margin	17.56%
Profit Margin	13.33%
EBITDA Margin	25.98%
EBIT Margin	21.37%
FCF Margin	15.92%

Dividends & Yields

HEI pays an annual dividend of $0.34, which amounts to a dividend yield of 0.07%.

Dividend Per Share	$0.34
Dividend Yield	0.07%
Dividend Growth (YoY)	10%
Payout Ratio	7.94%
Earnings Yield	1.52%
FCF Yield	1.81%

Dividend Details

Analyst Forecast

The average price target for HEI is $280, which is -10.4% lower than the current price. The consensus rating is "Buy".

Price Target	$280
Price Target Difference	-10.4%
Analyst Consensus	Buy
Analyst Count	12

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$36.17
Lynch Upside	-88.42%
Graham Number	46.85
Graham Upside	-85%

Stock Splits

The last stock split was on Jun 28, 2018. It was a forward split with a ratio of 5:4.

Last Split Date	Jun 28, 2018
Split Type	forward
Split Ratio	5:4

Scores

Altman Z-Score	8.11
Piotroski F-Score	6

HEICO Corporation (HEI)