Heico Corp.
HEI
Market Cap$0
Close$
Earnings Call Q3 2024
August 27, 2024 - AI Summary
HEICO Corporation reported record results for the third quarter of fiscal 2024, with consolidated operating income and net sales increasing by 45% and 37%, respectively, compared to the same period in fiscal 2023.
The Flight Support Group (FSG) achieved all-time quarterly net sales and operating income records, driven by strong organic growth of 15% and the impact of recent acquisitions. FSG's operating margin increased to 22.5%.
The Electronic Technologies Group (ETG) saw slight net sales decrease due to lower other electronics and medical products sales, partially offset by increased defense, space, and aerospace products sales. ETG's operating margin improved to 23.5%.
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$213.10
33.7% downside
Current Fair Value
33.7% downsideOvervalued by 33.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | - |
|---|---|
| Enterprise Value | - |
| Dividend Yield | $0.22 (0.0697261663286004%) |
| Earnings per Share | $3.71 |
| Beta | 1.08 |
| Outstanding Shares | 139,005,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 72.97 |
|---|---|
| PEG | 267.08 |
| Price to Sales | 11.08 |
| Price to Book Ratio | 10.04 |
| Enterprise Value to Revenue | - |
| Enterprise Value to EBIT | - |
| Enterprise Value to Net Income | 0 |
| Total Debt to Enterprise | - |
| Debt to Equity | 0.59 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Heico Corp.
6,000 employees
CEO: Laurans Mendelson HEICO Corporation is an aerospace and electronics company that focuses on niche markets. HEICO’s products are found in aircraft, spacecraft, defense equipment, medical equipment, and telecommunications systems.