HEICO Corporation
New York Stock ExchangeTotal Valuation
HEICO Corporation carries a market capitalization of 33.75B, placing it among publicly traded companies globally. Its enterprise value stands at 32.12B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 33.75B |
| Enterprise Value | 32.12B |
Share Statistics
HEICO Corporation currently has 139.66M shares outstanding.
| Shares Outstanding | 139.66M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
HEICO Corporation trades at a trailing price-to-earnings ratio of 36.88. The price-to-sales ratio is 5.93, and the price-to-book ratio stands at 7.22.
| PE Ratio | 36.88 |
| PS Ratio | 5.93 |
| PB Ratio | 7.22 |
| P/TBV Ratio | -55.90 |
| P/FCF Ratio | 29.56 |
| P/OCF Ratio | 29.21 |
Enterprise Valuation
On an enterprise value basis, HEICO Corporation trades at an EV/EBITDA multiple of 23.56 and an EV/FCF ratio of 29.13. The EV/Sales ratio of 6.54 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 27.82 provides insight into valuation relative to core operating earnings.
| EV / Sales | 6.54 |
| EV / EBITDA | 23.56 |
| EV / EBIT | 27.82 |
| EV / FCF | 29.13 |
Financial Position
HEICO Corporation maintains a current ratio of 2.92, meaning it holds 2.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 47.99, indicating elevated leverage, while an interest coverage ratio of 10.63 demonstrates strong ability to service its debt obligations.
| Current Ratio | 2.92 |
| Quick Ratio | 1.19 |
| Debt / Equity | 47.99 |
| Debt / EBITDA | 1.90 |
| Interest Coverage | 10.63 |
Financial Efficiency
HEICO Corporation posts a return on equity of 21.44 and a return on invested capital of 12.86.
| Return on Equity (ROE) | 21.44 |
| Return on Assets (ROA) | 8.93 |
| Return on Invested Capital (ROIC) | 12.86 |
| Return on Capital Employed (ROCE) | 12.52 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 2.22 |
Taxes
Over the trailing twelve months, HEICO Corporation has paid 182.80M in income taxes, reflecting an effective tax rate of 17.72.
| Income Tax | 182.80M |
| Effective Tax Rate | 17.72 |
Stock Price Statistics
HEICO Corporation's stock has gained approximately 3.43709% over the past 52 weeks. The 50-day moving average sits at 218.74, while the 200-day moving average is 241.36.
| Beta (5Y) | N/A |
| 52-Week Price Change | 3.43709% |
| 50-Day Moving Average | 218.74 |
| 200-Day Moving Average | 241.36 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, HEICO Corporation generated 4.91B in revenue and converted that into 789.63M in net income, yielding earnings per share of 6.02. EBITDA reached 1.36B, while operating income came in at 1.15B.
| Revenue | 4.91B |
| Gross Profit | 1.97B |
| Operating Income | 1.15B |
| Pretax Income | 1.03B |
| Net Income | 789.63M |
| EBITDA | 1.36B |
| EBIT | 1.15B |
| Earnings Per Share (EPS) | 6.02 |
Balance Sheet
HEICO Corporation holds 210.34M in cash and equivalents against 2.59B in total debt, resulting in a net debt position of 2.38B. Total book value stands at 4.03B, with working capital of 1.73B providing operational flexibility.
| Cash & Cash Equivalents | 210.34M |
| Total Debt | 2.59B |
| Net Debt | 2.38B |
| Equity (Book Value) | 4.03B |
| Book Value Per Share | 28.96 |
| Working Capital | 1.73B |
Cash Flow
HEICO Corporation produced 997.11M in operating cash flow over the past twelve months.
| Operating Cash Flow | 997.11M |
| Capital Expenditures | N/A |
| Free Cash Flow | 997.11M |
| FCF Per Share | 7.16 |
Margins
HEICO Corporation operates with a gross margin of 40.06, reflecting its pricing power and cost economics. The operating margin of 23.50 and net profit margin of 16.08 provide insight into operational efficiency.
| Gross Margin | 40.06 |
| Operating Margin | 23.50 |
| Pretax Margin | 21.00 |
| Profit Margin | 16.08 |
| EBITDA Margin | 27.75 |
Dividends & Yields
The company's payout ratio of 3.68 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.24 |
| Dividend Yield | N/A |
| Payout Ratio | 3.68 |
| Shareholder Yield | -0.73 |
| FCF Yield | 3.38 |
Stock Splits
HEICO Corporation's most recent stock split took place on June 28, 2018 with a 4:5 split ratio.
| Last Split Date | 6/28/2018 |
| Split Ratio | 4:5 |
Scores
HEICO Corporation posts an Altman Z-Score of 8.63, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 8.63 |