HEICO Corp
NYSE:HEI

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HEICO Corp
NYSE:HEI
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Price: 246.87 USD -0.14% Market Closed
Market Cap: 33.4B USD

Relative Value

The Relative Value of one HEI stock under the Base Case scenario is 256.21 USD. Compared to the current market price of 246.87 USD, HEICO Corp is Undervalued by 4%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HEI Relative Value
Base Case
256.21 USD
Undervaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
23
Median 3Y
9.2
Median 5Y
9.4
Industry
3.8
Forward
7.9
vs History
57
vs Industry
15
Median 3Y
62.5
Median 5Y
61.2
Industry
32.4
Forward
55
vs History
60
vs Industry
16
Median 3Y
50.1
Median 5Y
47.3
Industry
21.1
vs History
26
vs Industry
16
Median 3Y
24
Median 5Y
26.5
Industry
27.9
vs History
12
vs Industry
10
Median 3Y
8.6
Median 5Y
8.4
Industry
3.5
vs History
63
vs Industry
20
Median 3Y
9.4
Median 5Y
9.6
Industry
3.6
Forward
8.4
vs History
66
vs Industry
21
Median 3Y
24.1
Median 5Y
24.6
Industry
12.2
vs History
71
vs Industry
20
Median 3Y
36.3
Median 5Y
36.9
Industry
20.1
Forward
31.5
vs History
73
vs Industry
19
Median 3Y
44.1
Median 5Y
44.6
Industry
26.5
Forward
37.8
vs History
50
vs Industry
15
Median 3Y
52
Median 5Y
47.9
Industry
22.3
vs History
44
vs Industry
14
Median 3Y
56.6
Median 5Y
51.5
Industry
29.7
vs History
73
vs Industry
20
Median 3Y
5.3
Median 5Y
5.3
Industry
2.5

Multiples Across Competitors

HEI Competitors Multiples
HEICO Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
HEICO Corp
NYSE:HEI
34.3B USD 8.6 60.5 34.8 41.9
US
Raytheon Technologies Corp
NYSE:RTX
167.3B USD 2 36.4 19 32.3
US
RTX Corp
LSE:0R2N
160.6B USD 2 34.9 18.4 31.3
US
Boeing Co
NYSE:BA
133.3B USD 2 -11.2 -17.8 -14.7
NL
Airbus SE
PAR:AIR
110.8B EUR 1.6 26.2 13.9 21.9
US
Lockheed Martin Corp
NYSE:LMT
111.3B USD 1.5 20.2 14.3 17.4
FR
Safran SA
PAR:SAF
92.1B EUR 3.3 -138 16.6 22.4
UK
Rolls-Royce Holdings PLC
LSE:RR
64.2B GBP 3.4 25.5 19.4 26.8
US
TransDigm Group Inc
NYSE:TDG
77.3B USD 9.5 47 23.9 25.9
US
General Dynamics Corp
NYSE:GD
73.5B USD 1.5 19.4 14 16.6
DE
Rheinmetall AG
XETRA:RHM
60.2B EUR 6.2 84 33.7 43.4
P/E Multiple
Earnings Growth PEG
US
HEICO Corp
NYSE:HEI
Average P/E: 39.3
60.5
15%
4
US
Raytheon Technologies Corp
NYSE:RTX
36.4
28%
1.3
US
RTX Corp
LSE:0R2N
34.9
28%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -11.2 N/A N/A
NL
Airbus SE
PAR:AIR
26.2
22%
1.2
US
Lockheed Martin Corp
NYSE:LMT
20.2
12%
1.7
FR
Safran SA
PAR:SAF
Negative Multiple: -138 N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
25.5
3%
8.5
US
TransDigm Group Inc
NYSE:TDG
47
24%
2
US
General Dynamics Corp
NYSE:GD
19.4
10%
1.9
DE
Rheinmetall AG
XETRA:RHM
84
56%
1.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
HEICO Corp
NYSE:HEI
Average EV/EBITDA: 20.8
34.8
10%
3.5
US
Raytheon Technologies Corp
NYSE:RTX
19
17%
1.1
US
RTX Corp
LSE:0R2N
18.4
17%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -17.8 N/A N/A
NL
Airbus SE
PAR:AIR
13.9
20%
0.7
US
Lockheed Martin Corp
NYSE:LMT
14.3
10%
1.4
FR
Safran SA
PAR:SAF
16.6
13%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
19.4
12%
1.6
US
TransDigm Group Inc
NYSE:TDG
23.9
13%
1.8
US
General Dynamics Corp
NYSE:GD
14
8%
1.8
DE
Rheinmetall AG
XETRA:RHM
33.7
36%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
HEICO Corp
NYSE:HEI
Average EV/EBIT: 28
41.9
12%
3.5
US
Raytheon Technologies Corp
NYSE:RTX
32.3
27%
1.2
US
RTX Corp
LSE:0R2N
31.3
27%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -14.7 N/A N/A
NL
Airbus SE
PAR:AIR
21.9
28%
0.8
US
Lockheed Martin Corp
NYSE:LMT
17.4
12%
1.5
FR
Safran SA
PAR:SAF
22.4
17%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
26.8
15%
1.8
US
TransDigm Group Inc
NYSE:TDG
25.9
12%
2.2
US
General Dynamics Corp
NYSE:GD
16.6
9%
1.8
DE
Rheinmetall AG
XETRA:RHM
43.4
39%
1.1