HEI Stock Analysis: Heico | NYSE
Aerospace & Defense | NYSE, USA | Market Cap: 44.912m USD | 12M Return: 7.3% | US4228061093 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 137M
EPS Trend: 99.8%
Qual. Beats: 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 is a U.S.-based aerospace, defense, and electronics company operating through two main segments: the Flight Support Group and the Electronic Technologies Group. The Flight Support Group supplies jet engine and aircraft replacement parts, thermal insulation products, and a wide range of hydraulic, pneumatic, structural, and electro-mechanical components, while also providing repair and overhaul services for aviation and military components. The Electronic Technologies Group produces electro-optical, RF, microwave, and power equipment, along with specialty semiconductors, antennas, detectors, and various electronic components used in defense and commercial applications.
The company is headquartered in Hollywood, Florida, was incorporated in 1957, and is classified within the Aerospace & Defense sub-industry of the Industrials sector. HEICO is particularly known in the aerospace sector for its Federal Aviation Administration (FAA)-approved Parts Manufacturer Approval (PMA) parts, which allow it to produce replacement components for aircraft at competitive pricing compared to original equipment manufacturers.
- Flight Support Group margins benefit from rising commercial aviation MRO demand
- Defense electronics backlog grows on rising DoD spending priorities
- Bolt-on acquisitions in niche aerospace parts drive consistent organic revenue 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 November 03, 2026, the stock is trading at USD 337.59 with a total of 553,002 shares traded. Over the past week, the price has changed by +9.00%, over one month by +11.62%, over three months by -6.34% and over the past year by +7.31%.
Current recommended Stop Loss: 325.90 (which is 3.5% or 1.3 ATR below the current price).
Heico has received a consensus analysts rating of 4.04. Therefore, it is recommended to buy HEI.
- StrongBuy: 11
- Buy: 3
- Hold: 10
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 390.7 | 15.7% |
P/E Trailing = 53.56
P/E Forward = 44.0529
P/S = 8.6758
P/B = 9.0775
P/EG = 2.2074
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 = 47.2b USD (44.9b + Debt 2.57b - CCE 241.0m)
Interest Coverage Ratio = 9.44 (Ebit TTM 1.25b / Interest Expense TTM 132.4m)
EV/FCF = 45.85x (Enterprise Value 47.2b / FCF TTM 1.03b)
FCF Yield = 2.18% (FCF TTM 1.03b / Enterprise Value 47.2b)
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 = 4.75 (Enterprise Value 47.2b / 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 = 8.11% (E(44.9b)/V(47.5b) * Re(8.33%) + D(2.57b)/V(47.5b) * Rd(5.16%) * (1-Tc(0.18)))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.83 | Cagr: 0.38%
[DCF] Terminal Value 77.97% ; FCFF base≈931.1m ; Y1≈1.07b ; Y5≈1.57b
[DCF] Fair Price = 385.8 (EV 23.6b - Net Debt 2.33b = Equity 21.3b / Shares 55.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.77 | EPS CAGR: 30.83% | SUE: 1.52 | # QB: 7
Revenue Correlation: 98.76 | Revenue CAGR: 19.94% | SUE: 1.42 | # QB: 2
EPS current Quarter (2027-01-31): EPS=1.61 | Chg30d=-0.16% | Revisions=-25% | Analysts=10
EPS current Year (2026-10-31): EPS=6.36 | Chg30d=+0.26% | Revisions=+25% | GrowthEPS=+29.8% | GrowthRev=+20.5%
EPS next Year (2027-10-31): EPS=7.23 | Chg30d=+0.23% | Revisions=+0% | GrowthEPS=+13.7% | GrowthRev=+11.4%
[Analyst] Revisions Ratio: +0% (up=2, down=2)