HEI-A Stock Analysis: HEICO | NYSE
Aerospace & Defense | NYSE, USA | Market Cap: 30.868m USD | 12M Return: -7.2% | US4228062083 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 76.1M
EPS Trend: 99.7%
Rev. Trend: 98.8%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
HEICO Corporation (NYSE: HEI-A) is a U.S.-based aerospace and defense company headquartered in Hollywood, Florida, operating through two main segments: the Flight Support Group and the Electronic Technologies Group. The Flight Support Group supplies FAA-approved replacement parts, thermal insulation products, and distributes hydraulic, pneumatic, structural, and electro-mechanical components, while also providing repair and overhaul (MRO) services for jet engines, avionics, instruments, and military and commercial aircraft systems. The Electronic Technologies Group produces a broad portfolio of defense and commercial electronics, including electro-optical/infrared simulation and test equipment, RF and microwave components, power electronics, traveling wave tube amplifiers, specialty semiconductors, antennas, nuclear radiation detectors, and underwater locator beacons, serving military and aerospace customers in the U.S. and internationally.
HEICO runs a decentralized holding company structure, allowing its subsidiaries to retain operational autonomy while benefiting from group-level capital allocation, a model common among large aerospace and defense suppliers. The company competes primarily in the aerospace aftermarket - particularly through its proprietary Parts Manufacturer Approval (PMA) parts business - and in defense electronics, both of which are characterized by long product lifecycles, high regulatory barriers to entry, and demand tied to global commercial aviation fleet utilization and U.S. defense spending.
- Commercial aviation aftermarket recovery boosts Flight Support segment revenue
- Defense electronics demand rises on elevated government spending
- Bolt-on acquisitions drive margin expansion and product portfolio growth
| Net Income: 847.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 1.20 > 1.0 |
| NWC/Revenue: 33.27% < 20% (prev 39.04%; Δ -5.77% < -1%) |
| CFO/TA 0.11 > 3% & CFO 1.11b > Net Income 847.7m |
| Net Debt (2.33b) to EBITDA (1.47b): 1.59 < 3 |
| Current Ratio: 2.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (141.3m) vs 12m ago 0.23% < -2% |
| Gross Margin: 40.40% > 18% (prev 41.48%; Δ -1.08% > 0.5%) |
| Asset Turnover: 56.06% > 50% (prev 50.28%; Δ 5.79% > 0%) |
| Interest Coverage Ratio: 9.44 > 6 (EBIT TTM 1.25b / Interest Expense TTM 132.4m) |
| A: 0.17 (Total Current Assets 2.73b - Total Current Liabilities 1.00b) / Total Assets 9.94b |
| B: 0.42 (Retained Earnings 4.22b / Total Assets 9.94b) |
| C: 0.14 (EBIT TTM 1.25b / Avg Total Assets 9.23b) |
| D: 1.15 (Book Value of Equity 4.95b / Total Liabilities 4.29b) |
| Altman-Z'' = 4.64 = AA |
| DSRI: 0.99 (Receivables 870.8m/730.6m, Revenue 5.18b/4.29b) |
| GMI: 1.03 (GM 41.48% / 40.40%) |
| AQI: 1.01 (AQ_t 0.68 / AQ_t-1 0.67) |
| SGI: 1.21 (Revenue 5.18b / 4.29b) |
| TATA: -0.03 (NI 847.7m - CFO 1.11b) / TA 9.94b) |
| Beneish M = -2.86 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at USD 232.02 with a total of 246,613 shares traded. Over the past week, the price has changed by +4.56%, over one month by -9.75%, over three months by -9.84% and over the past year by -7.20%.
Current recommended Stop Loss: 224.00 (which is 3.5% or 1.3 ATR below the current price).
HEICO has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold HEI-A.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 320 | 37.9% |
P/E Trailing = 37.0587
P/E Forward = 30.4878
P/S = 5.9628
P/B = 6.2813
P/EG = 1.5275
Revenue TTM = 5.18b USD
EBIT TTM = 1.25b USD
EBITDA TTM = 1.47b USD
Long Term Debt = 2.54b USD (from longTermDebt, last quarter)
Short Term Debt = 3.51m USD (from shortTermDebt, last quarter)
Debt = 2.57b USD (from shortLongTermDebtTotal, last quarter) + Leases 25.7m
Net Debt = 2.33b USD (calculated: Debt 2.57b - CCE 241.0m)
Enterprise Value = 33.2b USD (30.9b + Debt 2.57b - CCE 241.0m)
Interest Coverage Ratio = 9.44 (Ebit TTM 1.25b / Interest Expense TTM 132.4m)
EV/FCF = 32.22x (Enterprise Value 33.2b / FCF TTM 1.03b)
FCF Yield = 3.10% (FCF TTM 1.03b / Enterprise Value 33.2b)
FCF Margin = 19.90% (FCF TTM 1.03b / Revenue TTM 5.18b)
Net Margin = 16.38% (Net Income TTM 847.7m / Revenue TTM 5.18b)
Gross Margin = 40.40% ((Revenue TTM 5.18b - Cost of Revenue TTM 3.09b) / Revenue TTM)
Gross Margin QoQ = 41.12% (prev 41.40%)
Tobins Q-Ratio = 3.34 (Enterprise Value 33.2b / Total Assets 9.94b)
Interest Expense / Debt = 5.16% (Interest Expense 132.4m / Debt 2.57b)
Taxrate = 18.32% (204.6m / 1.12b)
NOPAT = 1.02b (EBIT 1.25b * (1 - 18.32%))
Current Ratio = 2.72 (Total Current Assets 2.73b / Total Current Liabilities 1.00b)
Debt / Equity = 0.52 (Debt 2.57b / totalStockholderEquity, last quarter 4.95b)
Debt / EBITDA = 1.59 (Net Debt 2.33b / EBITDA 1.47b)
Debt / FCF = 2.26 (Net Debt 2.33b / FCF TTM 1.03b)
Total Stockholder Equity = 4.63b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.18% (Net Income 847.7m / Total Assets 9.94b)
RoE = 18.30% (Net Income TTM 847.7m / Total Stockholder Equity 4.63b)
RoCE = 17.43% (EBIT 1.25b / Capital Employed (Equity 4.63b + L.T.Debt 2.54b))
RoIC = 11.74% (NOPAT 1.02b / Invested Capital 8.70b)
WACC = 8.61% (E(30.9b)/V(33.4b) * Re(8.98%) + D(2.57b)/V(33.4b) * Rd(5.16%) * (1-Tc(0.18)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.83 | Cagr: 0.38%
[DCF] Terminal Value 77.12% ; FCFF base≈931.1m ; Y1≈1.07b ; Y5≈1.57b
[DCF] Fair Price = 239.8 (EV 22.6b - Net Debt 2.33b = Equity 20.3b / Shares 84.5m; r=8.61% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.74 | EPS CAGR: 30.32% | SUE: N/A | # QB: 0
Revenue Correlation: 98.76 | Revenue CAGR: 19.94% | SUE: 1.40 | # QB: 2
EPS current Quarter (2027-01-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-10-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+20.2%
EPS next Year (2027-10-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+11.4%