1.69%
0.16%
-2.79%
-1.34%
32.59%
74.58%
94.49%
AI Spotlight on HEI
Company Description
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.
Market Data
| Last Price | 238.11 |
| Change Percentage | 1.69% |
| Open | 235.61 |
| Previous Close | 234.15 |
| Market Cap ( Millions) | 28961 |
| Volume | 293648 |
| Year High | 283.6 |
| Year Low | 178.2 |
| M A 50 | 250.34 |
| M A 200 | 239.32 |
Financial Ratios
| FCF Yield | 2.12% |
| Dividend Yield | 0.09% |
| ROE | 14.87% |
| Debt / Equity | 61.94% |
| Net Debt / EBIDTA | 217.36% |
| Price To Book | 9.08 |
| Price Earnings Ratio | 64.22 |
| Price To FCF | 47.16 |
| Price To sales | 7.51 |
| EV / EBITDA | 32.28 |
News
- Jan -30 - A Quest That Has Translated Into New Investments
- Jan -28 - HEICO Subsidiary Acquires Exclusive License and Key Related Assets for Honeywell's Boeing 777 AIMS & 737NG via Product Lines
- Jan -15 - Heico initiated with a Sector Weight at KeyBanc
- Jan -15 - HEICO Corporation: Leveraging Aerospace Recovery And Defense Growth Opportunities
- Jan -07 - MoneyShow's Best Investment Ideas For 2025: Part 1
- Dec -20 - High-Flying HEICO Eyes New Heights in 2025
- Dec -18 - HEICO Corporation (HEI) Q4 2024 Earnings Call Transcript
- Dec -18 - Buffett Favorite Heico Stock Sinks as Electronic Technologies Sales Slip
- Dec -18 - HEICO's Q4 Earnings Beat Estimates, Sales Increase Year Over Year
- Dec -18 - Heico (HEI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Dec -17 - Heico Corporation (HEI) Q4 Earnings Surpass Estimates
- Dec -17 - HEICO Corporation Reports Record Net Income (Up 35%), Operating Income (Up 15%) and Net Sales (Up 8%) for the Fourth Quarter of Fiscal 2024
- Dec -17 - HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
- Dec -17 - Warren Buffett Defense Pick Heico Eyes A Billion-Dollar Quarter
- Dec -17 - Mama's Creations Posts Weak Earnings, Joins EVgo, Red Cat Holdings And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
- Dec -16 - Heico Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
- Dec -05 - 3 Top Buffett Stocks to Buy and Hold for the Long Haul
- Nov -23 - Warren Buffett Just Bought More of This Top-Secret Winner That's Up 51% in 2024. Should You Buy Too?
- Nov -19 - Reasons to Add HEICO Stock to Your Portfolio Right Now
- Nov -19 - Warren Buffett Didn't Buy Many Stocks in Q3. Only the Smartest Investors Know This One.
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Flight Support Group
Expected Growth : 6 %
What the company do ?
The Flight Support Group from HEICO Corporation provides aircraft and aerospace components, including flight-critical and high-reliability parts, to the aerospace, defense, and commercial aviation markets.
Why we expect these perspectives ?
HEICO's Flight Support Group's 6% growth is driven by increasing demand for commercial aircraft replacement parts, growing MRO services, and expansion into new geographic markets. Additionally, the group's focus on innovative products, such as 3D-printed aircraft components, and strategic acquisitions contribute to its growth momentum.
Segment n°2 -> Electronic Technologies Group
Expected Growth : 8 %
What the company do ?
The Electronic Technologies Group from HEICO Corporation is a leading provider of advanced electronic and electromechanical components for the aerospace, defense, and industrial markets.
Why we expect these perspectives ?
HEICO's Electronic Technologies Group's 8% growth is driven by increasing demand for electronic components in commercial aerospace, defense, and space markets. Additionally, the group's diversified product portfolio, including microwave electronics, secure communication products, and electro-optical systems, contributes to its growth. Furthermore, strategic acquisitions and investments in research and development also support the segment's expansion.
Segment n°3 -> Other, Primarily Corporate & Intersegment
Expected Growth : 5 %
What the company do ?
The 'Other' segment of HEICO Corporation includes primarily corporate expenses, intersegment sales eliminations, and unallocated corporate expenses.
Why we expect these perspectives ?
HEICO's 5% growth in Other, Primarily Corporate & Intersegment is driven by increasing demand for repair and overhaul services, expansion of its component repair business, and strategic acquisitions. Additionally, the company's focus on cost savings initiatives, operational efficiencies, and investments in new technologies have contributed to its growth.
Heico Corporation Products
| Product Range | What is it ? |
|---|---|
| Aerospace and Defense Products | HEICO Corporation's Aerospace and Defense Products segment provides a range of products and services for the aerospace, defense, and space industries. |
| Electronic Technologies | HEICO Corporation's Electronic Technologies segment designs and manufactures a range of electronic components and subsystems for the aerospace, defense, and industrial markets. |
| Aerospace and Defense Electronics | HEICO Corporation's Aerospace and Defense Electronics segment provides a range of electronic components and subsystems for the aerospace and defense industries. |
| Space Components and Equipment | HEICO Corporation's Space Components and Equipment segment designs and manufactures a range of components and equipment for the space industry. |
| Test and Simulation Solutions | HEICO Corporation's Test and Simulation Solutions segment provides a range of test and simulation solutions for the aerospace, defense, and industrial markets. |
| Flight Support and Technical Services | HEICO Corporation's Flight Support and Technical Services segment provides a range of technical services and support for the aerospace and defense industries. |
HEICO Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for HEICO Corporation is medium due to the availability of alternative products and services in the aerospace and electronics industries.
Bargaining Power Of Customers
The bargaining power of customers for HEICO Corporation is low due to the company's strong relationships with its customers and the lack of buyer concentration in the industry.
Bargaining Power Of Suppliers
The bargaining power of suppliers for HEICO Corporation is medium due to the presence of multiple suppliers in the industry, but the company's dependence on a few key suppliers.
Threat Of New Entrants
The threat of new entrants for HEICO Corporation is low due to the high barriers to entry in the aerospace and electronics industries, including the need for significant capital investment and technical expertise.
Intensity Of Rivalry
The intensity of rivalry for HEICO Corporation is high due to the competitive nature of the aerospace and electronics industries, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 43.70% |
| Debt Cost | 3.95% |
| Equity Weight | 56.30% |
| Equity Cost | 9.49% |
| WACC | 7.07% |
| Leverage | 77.61% |
HEICO Corporation : Quality Control
HEICO Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GE | General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services … |
| NOC | Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous … |
| RTX | Raytheon Technologies Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace Systems, Pratt & … |
| LHX | L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance … |
| LMT | Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Lockheed Martin
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L3Harris
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Raytheon Technologies
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HEICO
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Northrop Grumman
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