HEICO Corporation (HEI)
HEICO Statistics
Share Statistics
HEICO has 122.36M shares outstanding. The number of shares has increased by -0.12% in one year.
| Shares Outstanding | 122.36M |
| Shares Change (YoY) | -0.12% |
| Shares Change (QoQ) | 0.51% |
| Owned by Institutions (%) | 28.17% |
| Shares Floating | 94.09M |
| Failed to Deliver (FTD) Shares | 8 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.2M, so 1.59% of the outstanding shares have been sold short.
| Short Interest | 2.2M |
| Short % of Shares Out | 1.59% |
| Short % of Float | 4.76% |
| Short Ratio (days to cover) | 5.24 |
Valuation Ratios
The PE ratio is 65.97 and the forward PE ratio is 47.86. HEICO's PEG ratio is 2.52.
| PE Ratio | 65.97 |
| Forward PE | 47.86 |
| PS Ratio | 8.79 |
| Forward PS | 5.8 |
| PB Ratio | 9.33 |
| P/FCF Ratio | 55.23 |
| PEG Ratio | 2.52 |
Enterprise Valuation
HEICO has an Enterprise Value (EV) of 36.01B.
| EV / Sales | 9.33 |
| EV / EBITDA | 43.67 |
| 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 | 2.73 |
| Debt / FCF | 3.67 |
| Interest Coverage | 5.52 |
Financial Efficiency
Return on Equity is 14.14% and Return on Invested Capital is 9.63%.
| Return on Equity | 14.14% |
| Return on Assets | 6.77% |
| Return on Invested Capital | 9.63% |
| 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 | 18.73% |
Stock Price Statistics
The stock price has increased by 17.7% in the last 52 weeks. The beta is 1.07, so HEICO's price volatility has been higher than the market average.
| Beta | 1.07 |
| 52-Week Price Change | 17.7% |
| 50-Day Moving Average | 249.97 |
| 200-Day Moving Average | 248.72 |
| Relative Strength Index (RSI) | 41.25 |
| Average Volume (20 Days) | 643.39K |
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 | 824.46M |
| EBIT | 826.9M |
| Earnings Per Share (EPS) | 3.71 |
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 | 7.89B |
| Working Capital | 1.48B |
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 |
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 | 16.4% |
| Profit Margin | 13.33% |
| EBITDA Margin | 21.37% |
| EBIT Margin | 21.37% |
| FCF Margin | 15.92% |
Dividends & Yields
HEI pays an annual dividend of $0.32, which amounts to a dividend yield of 0.09%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 0.09% |
| Dividend Growth (YoY) | 10% |
| Payout Ratio | 7.92% |
| Earnings Yield | 1.52% |
| FCF Yield | 1.81% |
Analyst Forecast
The average price target for HEI is $274.5, which is 13.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $274.5 |
| Price Target Difference | 13.9% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
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 | 5.99 |
| Piotroski F-Score | 7 |