Heico Corp Class A HEI.A

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HEI.A is trading at a 42% premium.
Price
$201.63
Fair Value
$143.98
Uncertainty
High
1-Star Price
$635.79
5-Star Price
$596.82
Economic Moat
Dgfh
Capital Allocation

News

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
57.46
Price/Sales
7.47
Dividend Yield (Trailing)
0.10%
Dividend Yield (Forward)
0.11%
Total Yield
0.10%

Company Profile

Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is persistently acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.
Sector
Industrials
Industry
Aerospace & Defense
Stock Style Box
Mid Growth
Total Number of Employees
9,600

Competitors

Valuation

Metric
HEI.A
BA
TDG
Price/Earnings (Normalized)
57.4644.10
Price/Book Value
7.90
Price/Sales
7.471.2510.77
Price/Cash Flow
38.12186.6236.97
Price/Earnings
HEI.A
BA
TDG

Financial Strength

Metric
HEI.A
BA
TDG
Quick Ratio
1.360.262.52
Current Ratio
3.301.183.81
Interest Coverage
5.07−0.232.75
Quick Ratio
HEI.A
BA
TDG

Profitability

Metric
HEI.A
BA
TDG
Return on Assets (Normalized)
7.73%−2.20%8.96%
Return on Equity (Normalized)
16.53%
Return on Invested Capital (Normalized)
11.42%−3.04%15.20%
Return on Assets
HEI.A
BA
TDG

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