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HEI

162.54USD+0.14(+0.09%)Market Closed

Heico Corp

Market Summary

USD162.54+0.14Market Closed
0.09%

HEI Stock Price

RSI Chart

Valuation

Market Cap

8.9B

Price/Earnings

26.19

Price/Sales

4.23

Price/Cashflow

20.55

MarketCap/EBT

19.3

Price/Sales

Profitability

Operating Margin

39.22%

EBT Margin

21.92%

Return on Equity

13.89%

Return on Assets

8.99%

Fundamentals

Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

20.74%

Revenue Q/Q

5.7%

Earnings

Earnings (TTM)

340.5M

Earnings Y/Y

7.35%

Earnings Q/Q

-2.91%

Price Action

52 Week Range

126.95165.61
(Low)(High)

Last 7 days

-0.7%

Last 30 days

3.1%

Last 90 days

4.3%

Trailing 12 Months

11.4%

Financial Health

Current Ratio

3.12

Debt/Equity

0.1

Debt/Cashflow

1.78

Investor Care

Dividend Yield

0.11%

Dividend/Share (TTM)

0.18

Shares Dilution (1Y)

0.52%

Diluted EPS (TTM)

2.48

Peers (Alternatives to Heico)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
139.8B
66.0B
8.31% 14.41%
31.33
2.12
3.55% 34.65%
127.1B
64.7B
4.52% 43.75%
21.65
1.96
-2.45% -3.12%
85.4B
61.4B
33.31% -15.31%
-10.12
1.39
-2.19% 0.41%
31.5B
5.4B
14.73% 3.00%
38.99
6.07
13.15% 27.35%
14.3B
12.6B
10.79% -5.03%
17.01
1.14
-1.35% 8.65%
10.3B
10.3B
-8.32% 25.65%
17.57
1
7.03% -21.79%
MID-CAP
8.9B
2.1B
3.14% 11.40%
26.19
4.23
18.27% 21.41%
5.2B
2.2B
9.48% 22.66%
16.88
2.41
5.34% 22.51%
2.4B
4.5B
12.90% -40.27%
-5.96
0.54
25.01% 46.08%
2.3B
453.2M
9.80% 6.72%
-538.24
4.97
10.96% -117.93%
SMALL-CAP
1.6B
1.8B
7.21% 24.77%
17.55
0.87
6.13% 45.47%
599.0M
1.4B
34.70% -42.44%
-26.33
0.42
-17.24% 151.28%
576.6M
689.1M
10.99% 8.84%
4.35
0.87
7.95% 282.89%
292.4M
492.8M
-4.27% -32.52%
-14.86
0.62
11.07% 41.98%
17.4M
89.6M
-10.18% -66.32%
-3.34
0.19
-14.13% -176.99%

Financials for Heico

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue4.9%2,1082,0101,9381,8661,782
Cost Of Revenue5.1%1,2811,2201,1791,1381,098
  S&GA Expenses2.4%362353348335318
  R&D Expenses-69
Earnings Before Taxes6.5%462434407387360
Net Income1.7%341335321304280
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.8%3,7873,6853,5143,4983,462
  Current Assets4.7%1,0821,0339759371,031
    Cash Equivalents13.9%134117125108270
  Inventory5.1%546519504478457
  Net PPE4.8%203194195194179
  Goodwill2.0%1,5411,5111,4461,4501,403
Liabilities3.9%9989619149491,017
  Current Liabilities13.9%346304274295262
  Long Term Debt-7.6%244264236235385
Shareholder's Equity2.9%2,4522,3822,3052,2632,187
  Retained Earnings3.4%2,1712,1002,0191,9501,873
  Additional Paid-In Capital2.0%317311302321316
Accumulated Depreciation-257----
Shares Outstanding0.0%55551365454
Minority Interest3.7%4038373433
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations6.2%434409415444444
Cashflow From Investing-22.7%-337.91-275.36-178.14-183.45-169.93
Cashflow From Financing42.9%-225.83-395.66-507.48-558.97-400.10
  Dividend Payments0.2%2424242323

Risks

What is the probability of a big loss on HEI?

39.6%


Probability that Heico stock will be more than 20% underwater in next one year

19.6%


Probability that Heico stock will be more than 30% underwater in next one year.

18.9%


Probability that Heico stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HEI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Heico was unfortunately bought at previous high price.

Returns

Cumulative Returns on HEI

26.9%


10-Year Cumulative Returns

30.1%


7-Year Cumulative Returns

22.7%


5-Year Cumulative Returns

8.2%


3-Year Cumulative Returns

What are the long-term rolling returns for HEI?

FIve years rolling returns for Heico.

Which funds bought or sold HEI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
ADDED
31.38
25,566
85,000
0.05%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
4,000
48,000
0.01%
2022-11-22
IHT Wealth Management, LLC
ADDED
68.42
429,000
933,000
0.07%
2022-11-22
Mint Tower Capital Management B.V.
ADDED
22.28
468,000
1,887,000
0.15%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.49
753,000
9,972,000
0.02%
2022-11-21
FourThought Financial, LLC
REDUCED
-12.7
-1,000
6,000
-%
2022-11-21
Integrated Investment Consultants, LLC
REDUCED
-0.63
25,000
297,000
0.12%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.37
954,000
14,057,000
0.02%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
1,000
16,000
-%
2022-11-17
M&T Bank Corp
ADDED
1.59
72,000
469,000
-%

1–10 of 49

Latest Funds Activity

Are funds buying HEI calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own HEI

Heico News

MarketWatch

Raytheon Technologies Corp. stock rises Wednesday, still underperforms market.4 days ago

HEI Fair Value

Heico fair value in different scenarios

The table shows the Fair Value estimates for Heico for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

75.30

-53.67%

117.91

-27.46%

174.83

7.56%

244.76

50.58%

297.97

83.32%

Current Inflation

70.32

-56.74%

106.68

-34.37%

154.31

-5.06%

213.41

31.30%

257.59

58.48%

Very High Inflation

64.14

-60.54%

93.30

-42.60%

130.50

-19.71%

177.37

9.12%

211.56

30.16%

Historical Heico Fair Value Estimates


Recent SEC filings of Heico

View All Filings
Date Filed Form Type Document
Oct 17, 2022
4
Insider Trading
Oct 13, 2022
4
Insider Trading
Aug 31, 2022
S-3ASR
S-3ASR
Aug 31, 2022
10-Q
Quarterly Report
Aug 29, 2022
8-K
Current Report
Aug 25, 2022
D
D
Laurans A. Mendelson
5600
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and RFI shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida.

HEI Income Statement

2022-07-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Net sales$ 569,528$ 471,707$ 1,598,684$ 1,356,260
Operating costs and expenses:    
Cost of sales348,591286,990976,308833,336
Selling, general and administrative expenses92,19083,879272,030245,053
Total operating costs and expenses440,781370,8691,248,3381,078,389
Operating income128,747100,838350,346277,871
Interest expense(1,406)(1,717)(3,181)(6,248)
Other (expense) income1451626851,179
Income before income taxes and noncontrolling interests127,48699,283347,850272,802
Income tax expense34,40015,60067,40036,400
Net income from consolidated operations93,08683,683280,450236,402
Less: Net income attributable to noncontrolling interests10,5466,79425,97918,244
Net income attributable to HEICO$ 82,540$ 76,889$ 254,471$ 218,158
Net income per share attributable to HEICO shareholders:    
Basic (in dollars per share)$ 0.61$ 0.57$ 1.87$ 1.61
Diluted (in dollars per share)$ 0.60$ 0.56$ 1.85$ 1.58
Weighted average number of common shares outstanding:    
Basic (in shares)135,978135,370135,835135,291
Diluted (in shares)137,837137,957137,890137,837

HEI Balance Sheet

2022-07-31
CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
Jul. 31, 2022
Oct. 31, 2021
Current assets:  
Cash and cash equivalents$ 133,605$ 108,298
Accounts receivable, net273,151244,919
Contract assets86,53480,073
Inventories, net545,943478,050
Prepaid expenses and other current assets42,54026,045
Total current assets1,081,773937,385
Property, plant and equipment, net202,844193,638
Goodwill1,541,4771,450,395
Intangible assets, net638,550582,307
Other assets322,707334,682
Total assets3,787,3513,498,407
Current liabilities:  
Current maturities of long-term debt1,7341,515
Trade accounts payable108,44185,544
Accrued expenses and other current liabilities233,812206,857
Income taxes payable2,458964
Total current liabilities346,445294,880
Long-term debt, net of current maturities244,023234,983
Deferred income taxes48,19240,761
Other long-term liabilities359,713378,257
Total liabilities998,373948,881
Commitments and contingencies
Redeemable noncontrolling interests296,994252,587
Shareholders' equity:  
Preferred Stock, $.01 par value per share; 10,000 shares authorized; none issued00
Capital in excess of par value317,365320,747
Deferred compensation obligation5,2975,297
HEICO stock held by irrevocable trust(5,297)(5,297)
Accumulated other comprehensive loss(37,927)(8,552)
Retained earnings2,171,3331,949,521
Total HEICO shareholders' equity2,452,1312,263,071
Noncontrolling interests39,85333,868
Total shareholders' equity2,491,9842,296,939
Total liabilities and equity$ 3,787,351$ 3,498,407
Preferred Stock, Par or Stated Value Per Share$ 0.01$ 0.01
Preferred Stock, Shares Authorized10,00010,000
Preferred Stock, Shares Issued00
Common Stock, Par or Stated Value Per Share$ 0.01$ 0.01
Common Stock, Shares Authorized150,000150,000
Common Stock, Shares, Issued54,51154,264
Common Stock, Shares, Outstanding54,51154,264
Class A Common Stock [Member]  
Shareholders' equity:  
Common Stock$ 815$ 812
Common Stock, Par or Stated Value Per Share$ 0.01$ 0.01
Common Stock, Shares Authorized150,000150,000
Common Stock, Shares, Issued81,49181,224
Common Stock, Shares, Outstanding81,49181,224
Heico Common Stock [Member]  
Shareholders' equity:  
Common Stock$ 545$ 543