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 40,197 - -
Change - 8.76% -0.18% 53.1% 29.9% 4.84% - -
Enterprise Value (EV) 1 17,887 19,465 21,586 31,583 40,292 42,298 41,253 40,083
Change - 8.83% 10.9% 46.31% 27.58% 4.98% -2.47% -2.83%
P/E 63.1x 63.8x 54.4x 66.7x 64.9x 53.7x 47.2x 41.9x
PBR 8.37x 8.53x 6.81x 9.35x 10.2x 9.08x 7.86x 6.9x
PEG - 4.1x 3.9x 2.6x 1.9x 1.8x 3.4x 3.3x
Capitalization / Revenue 9.52x 8.75x 6.5x 7.65x 8.55x 7.43x 6.67x 6.13x
EV / Revenue 9.59x 8.81x 7.27x 8.19x 8.98x 7.82x 6.85x 6.11x
EV / EBITDA 36.8x 32.8x 28.5x 31.5x 33x 27.5x 24x 21.2x
EV / EBIT 45.5x 39.2x 34.5x 38.3x 39.5x 32.2x 27.8x 24.5x
EV / FCF 43.9x 44.7x 54.1x 51.4x 46.8x 43.4x 36x 31.7x
FCF Yield 2.28% 2.24% 1.85% 1.94% 2.14% 2.3% 2.78% 3.15%
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% 0.07% 0.08% 0.09%
EPS 2 2.21 2.55 2.91 3.67 4.9 6.335 7.204 8.128
Distribution rate 8.14% 7.06% 6.87% 5.72% 4.69% 3.9% 3.76% 3.58%
Net sales 1 1,866 2,208 2,968 3,858 4,485 5,407 6,022 6,560
EBITDA 1 485.9 593.2 758.3 1,002 1,220 1,538 1,721 1,891
EBIT 1 392.9 496.8 625.3 824.5 1,019 1,315 1,482 1,636
Net income 1 304.2 351.7 403.6 514.1 690.4 890.6 1,015 1,143
Net Debt 1 128.2 150.8 2,307 2,067 1,950 2,101 1,056 -113.3
Reference price 2 139.39 162.64 158.41 244.95 317.77 340.18 340.18 340.18
Nbr of stocks (in thousands) 135,384 136,592 138,187 138,598 139,206 139,757 - -
Announcement Date 15/12/21 19/12/22 18/12/23 17/12/24 18/12/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
53.7x7.82x27.5x0.07% 40.2B
37.9x6.92x28.68x0.55% 343B
30.89x3.03x17.37x1.43% 268B
28.07x1.86x13.84x1.63% 180B
31.72x4.58x19.07x1.09% 147B
30.92x3.38x15.36x1.33% 140B
19.46x1.85x13.46x2.35% 138B
-116.44x1.64x46.77x-.--% 136B
20.93x1.78x14.58x1.74% 98.07B
39.04x8.86x27.33x0.24% 87.81B
Average 17.62x 4.17x 22.40x 1.04% 158B
Weighted average by Cap. 18.90x 4.06x 22.24x 1.1%

Y-o-Y evolution of P/E

Valuation ratios - P/E - HEICO Corporation

Historical PBR trend

Valuation ratios - PBR - HEICO Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - HEICO Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - HEICO Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - HEICO Corporation
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