Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.42
HE's Cash to Debt is ranked higher than
82% of the 782 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.17 vs. HE: 0.42 )
HE' s 10-Year Cash to Debt Range
Min: 0   Max: 0.68
Current: 0.42

0
0.68
Equity to Asset 0.17
HE's Equity to Asset is ranked higher than
54% of the 792 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.34 vs. HE: 0.17 )
HE' s 10-Year Equity to Asset Range
Min: 0.1   Max: 0.37
Current: 0.17

0.1
0.37
Interest Coverage 4.18
HE's Interest Coverage is ranked higher than
79% of the 494 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.38 vs. HE: 4.18 )
HE' s 10-Year Interest Coverage Range
Min: 1.98   Max: 4.19
Current: 4.18

1.98
4.19
F-Score: 5
Z-Score: 0.60
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 9.74
HE's Operating margin (%) is ranked higher than
71% of the 808 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 12.60 vs. HE: 9.74 )
HE' s 10-Year Operating margin (%) Range
Min: 6.34   Max: 16.11
Current: 9.74

6.34
16.11
Net-margin (%) 5.05
HE's Net-margin (%) is ranked higher than
69% of the 808 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 6.98 vs. HE: 5.05 )
HE' s 10-Year Net-margin (%) Range
Min: 2.66   Max: 7.15
Current: 5.05

2.66
7.15
ROE (%) 9.46
HE's ROE (%) is ranked higher than
82% of the 803 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 8.05 vs. HE: 9.46 )
HE' s 10-Year ROE (%) Range
Min: 5.45   Max: 11.43
Current: 9.46

5.45
11.43
ROA (%) 1.58
HE's ROA (%) is ranked higher than
65% of the 814 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.83 vs. HE: 1.58 )
HE' s 10-Year ROA (%) Range
Min: 0.54   Max: 3.74
Current: 1.58

0.54
3.74
ROC (Joel Greenblatt) (%) 8.17
HE's ROC (Joel Greenblatt) (%) is ranked higher than
78% of the 809 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 7.86 vs. HE: 8.17 )
HE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 4.24   Max: 14.13
Current: 8.17

4.24
14.13
Revenue Growth (%) 4.60
HE's Revenue Growth (%) is ranked higher than
78% of the 713 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.30 vs. HE: 4.60 )
HE' s 10-Year Revenue Growth (%) Range
Min: -6.5   Max: 11.7
Current: 4.6

-6.5
11.7
EBITDA Growth (%) 2.70
HE's EBITDA Growth (%) is ranked higher than
78% of the 698 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.30 vs. HE: 2.70 )
HE' s 10-Year EBITDA Growth (%) Range
Min: -6.3   Max: 15
Current: 2.7

-6.3
15
EPS Growth (%) 10.20
HE's EPS Growth (%) is ranked higher than
85% of the 609 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.90 vs. HE: 10.20 )
HE' s 10-Year EPS Growth (%) Range
Min: -12   Max: 16
Current: 10.2

-12
16
» HE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

HE Guru Trades in Q3 2013

Mario Gabelli 55,300 sh (-1.78%)
Paul Tudor Jones 8,900 sh (-61.47%)
» More
Q4 2013

HE Guru Trades in Q4 2013

Paul Tudor Jones 10,600 sh (+19.1%)
Mario Gabelli 50,000 sh (-9.58%)
» More
Q1 2014

HE Guru Trades in Q1 2014

David Dreman 353,407 sh (New)
Jim Simons 338,741 sh (New)
Paul Tudor Jones 51,040 sh (+381.51%)
Mario Gabelli 38,000 sh (-24%)
» More
Q2 2014

HE Guru Trades in Q2 2014

Jim Simons 616,600 sh (+82.03%)
Paul Tudor Jones 58,226 sh (+14.08%)
David Dreman 346,138 sh (-2.06%)
Mario Gabelli 31,600 sh (-16.84%)
» More
» Details

Insider Trades

Latest Guru Trades with HE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
David Dreman 2014-03-31 New Buy0.69%$24.47 - $26.66 $ 24.33-5%353407
Mario Gabelli 2014-03-31 Reduce -24%$24.47 - $26.66 $ 24.33-5%38000
Mario Gabelli 2013-06-30 Reduce -26.69%$23.97 - $28.3 $ 24.33-9%56300
Mario Gabelli 2012-06-30 Add 45.28%0.01%$24.68 - $28.74 $ 24.33-9%78500
Mario Gabelli 2012-03-31 Add 248.6%0.01%$25.02 - $26.32 $ 24.331%54033
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 13.90
HE's P/E(ttm) is ranked higher than
84% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 20.00 vs. HE: 13.90 )
HE' s 10-Year P/E(ttm) Range
Min: 12.95   Max: 32.02
Current: 13.9

12.95
32.02
P/B 1.40
HE's P/B is ranked higher than
75% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.58 vs. HE: 1.40 )
HE' s 10-Year P/B Range
Min: 0.81   Max: 2.14
Current: 1.4

0.81
2.14
P/S 0.76
HE's P/S is ranked higher than
80% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.50 vs. HE: 0.76 )
HE' s 10-Year P/S Range
Min: 0.35   Max: 1.24
Current: 0.76

0.35
1.24
EV-to-EBIT 9.56
HE's EV-to-EBIT is ranked higher than
94% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 17.08 vs. HE: 9.56 )
HE' s 10-Year EV-to-EBIT Range
Min: 9.5   Max: 29.4
Current: 9.56

9.5
29.4
PEG 2.90
HE's PEG is ranked higher than
86% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 9999.00 vs. HE: 2.90 )
HE' s 10-Year PEG Range
Min: 1.57   Max: 62.22
Current: 2.9

1.57
62.22
Shiller P/E 17.00
HE's Shiller P/E is ranked higher than
80% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 26.80 vs. HE: 17.00 )
HE' s 10-Year Shiller P/E Range
Min: 9.02   Max: 23.39
Current: 17

9.02
23.39
Current Ratio 1.05
HE's Current Ratio is ranked higher than
74% of the 550 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.02 vs. HE: 1.05 )
HE' s 10-Year Current Ratio Range
Min: 0.92   Max: 14.89
Current: 1.05

0.92
14.89
Quick Ratio 1.05
HE's Quick Ratio is ranked higher than
80% of the 550 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.90 vs. HE: 1.05 )
HE' s 10-Year Quick Ratio Range
Min: 0.79   Max: 14.89
Current: 1.05

0.79
14.89

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 5.10
HE's Dividend Yield is ranked higher than
86% of the 718 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.22 vs. HE: 5.10 )
HE' s 10-Year Dividend Yield Range
Min: 4.17   Max: 9.96
Current: 5.1

4.17
9.96
Dividend Payout 0.72
HE's Dividend Payout is ranked higher than
68% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.72 vs. HE: 0.72 )
HE' s 10-Year Dividend Payout Range
Min: 0.59   Max: 5.17
Current: 0.72

0.59
5.17
Yield on cost (5-Year) 5.20
HE's Yield on cost (5-Year) is ranked higher than
78% of the 724 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.31 vs. HE: 5.20 )
HE' s 10-Year Yield on cost (5-Year) Range
Min: 4.17   Max: 9.96
Current: 5.2

4.17
9.96
Share Buyback Rate -2.10
HE's Share Buyback Rate is ranked higher than
75% of the 549 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: -1.80 vs. HE: -2.10 )
HE' s 10-Year Share Buyback Rate Range
Min: -1.1   Max: -5.5
Current: -2.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.50
HE's Price/Tangible Book is ranked higher than
76% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.10 vs. HE: 1.50 )
HE' s 10-Year Price/Tangible Book Range
Min: 0.95   Max: 2.3
Current: 1.5

0.95
2.3
Price/DCF (Projected) 2.70
HE's Price/DCF (Projected) is ranked higher than
72% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.30 vs. HE: 2.70 )
HE' s 10-Year Price/DCF (Projected) Range
Min: 0.88   Max: 3.47
Current: 2.7

0.88
3.47
Price/Median PS Value 0.90
HE's Price/Median PS Value is ranked higher than
79% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.10 vs. HE: 0.90 )
HE' s 10-Year Price/Median PS Value Range
Min: 0.49   Max: 1.65
Current: 0.9

0.49
1.65
Price/Graham Number 1.00
HE's Price/Graham Number is ranked higher than
87% of the 857 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.50 vs. HE: 1.00 )
HE' s 10-Year Price/Graham Number Range
Min: 0.75   Max: 1.75
Current: 1

0.75
1.75
Earnings Yield (Greenblatt) 10.50
HE's Earnings Yield (Greenblatt) is ranked higher than
91% of the 758 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 6.50 vs. HE: 10.50 )
HE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.4   Max: 10.6
Current: 10.5

3.4
10.6
Forward Rate of Return (Yacktman) 2.82
HE's Forward Rate of Return (Yacktman) is ranked higher than
73% of the 690 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 4.33 vs. HE: 2.82 )
HE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -7.3   Max: 16.2
Current: 2.82

-7.3
16.2

Business Description

Industry: Utilities - Regulated » Utilities - Regulated Electric
Compare:WR, EE, ENI, NGG, DTE » details
Traded in other countries:HWI.Germany
Hawaiian Electric Industries, Inc. was incorporated in 1981 under the laws of the State of Hawaii and is a holding company with its principal subsidiaries engaged in the electric utility, banking and other businesses operating primarily in the State of Hawaii. HEI's predecessor, Hawaiian Electric Company, Inc., was incorporated under the laws of the Kingdom of Hawaii on October 13, 1891. As a result of a 1983 corporate reorganization, HECO became an HEI subsidiary. HECO and its operating subsidiaries, Maui Electric Company, Limited and Hawaii Electric Light Company, Inc., are regulated electric public utilities providing the only electric public utility service on the islands of Oahu, Maui, Lanai, Molokai and Hawaii. HECO, MECO and HELCO are regulated operating electric public utilities engaged in the production, purchase, transmission, distribution and sale of electricity on the islands of Oahu; Maui, Lanai and Molokai; and Hawaii, respectively. HECO has 138 kV transmission and 46 kV sub-transmission lines. HELCO has 69 kV transmission and 34.5 kV transmission and sub-transmission lines. MECO has 69 kV transmission and 23 kV sub-transmission lines on Maui and 34.5 kV transmission lines on Molokai. Lanai has no transmission lines and uses 12 kV lines to distribute electricity. The electric utilities' overhead and underground transmission and sub-transmission lines, as well as their distribution lines, are uninsured because the amount of insurance available is limited and the premiums are extremely high. The Company's three strategic objectives, currently, are to operate the electric utility and bank subsidiaries for long-term growth, maintain the annual dividend and increase the Company's financial flexibility by strengthening the balance sheet and maintaining credit ratings. The Company has supported state and federal energy policies which encourage the development of alternate energy sources that reduce the use of fuel oil. The Company's alternate energy sources range from wind, geothermal and hydroelectric power, to energy produced by the burning of bagasse, municipal waste and coal. The capital projects of the electric utilities may face various approval and permitting processes, including obtaining PUC approval of the project, air permits from the DOH and/or the U.S. Environmental Protection Agency, land use permits from the Hawaii Board of Land and Natural Resources and land use entitlements from the applicable county. HEI and HECO were exempt from the comprehensive regulation of the SEC under the Public Utility Holding Company Act of 1935.
» More Articles for HE

Headlines

Articles On GuruFocus.com
Hawaiian Electric Industries: A Stable Stock, Consider It for High Yield Mar 27 2014 
8 Utility Dividend Stocks with the Highest Float Short Ratio Jun 07 2013 
Addendum to: Investing in Western Utility Stocks - Do Today’s Valuations Make Sense? Part 2 Jul 31 2012 
Investing in Western Utility Stocks - Do Today’s Valuations Make Sense? Part 2 Jul 31 2012 
Five Conservative Utilities from the Wild and Wooly West May 17 2012 
The Best Dividends on May 17, 2012 May 16 2012 
12 Utility Dividend Stocks With Accelerated Earnings Growth Apr 08 2012 
Hawaiian Electric Industries Inc. (HE) CEO Richard F Wacker buys 10,000 Shares Mar 11 2011 
Hawaiian Electric Industries Inc. (HE) CFO James A Ajello buys 2,000 Shares Nov 12 2010 
Hawaiian Electric Industries Inc. Reports Operating Results (10-Q) Nov 03 2010 

More From Other Websites
NYSE stocks posting largest volume increases Aug 20 2014
HAWAIIAN ELECTRIC INDUSTRIES INC Financials Aug 19 2014
Hawaiian Electric Industries Beats on Q2 Earnings Aug 11 2014
Q2 2014 Hawaiian Electric Industries, Inc. Earnings Release - Time Not Supplied Aug 11 2014
Hawaiian Electric Industries Reports Second Quarter 2014 Earnings Aug 11 2014
HAWAIIAN ELECTRIC INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition,... Aug 11 2014
Hawaiian Electric Industries Reports Second Quarter 2014 Earnings Aug 11 2014
Hawaiian Electric Industries, Inc. Maintains Dividend Aug 08 2014
Hawaiian Electric Industries, Inc. Maintains Dividend Aug 08 2014
HAWAIIAN ELECTRIC INDUSTRIES INC Files SEC form 8-K, Financial Statements and Exhibits Jul 30 2014
American Savings Bank Reports Second Quarter 2014 Earnings Jul 30 2014
Hawaiian Electric: Fundamentals Suggest Stock Is in the Danger Zone Jul 22 2014
Danger Zone: Hawaiian Electric Company Jul 16 2014
Investors should be cautious with Hawaiian Electric, Barron's says Jul 13 2014
Hawaiian Electric Industries, Inc. To Announce Second Quarter 2014 Financial Results On August 11,... Jul 07 2014
Hawaiian Electric Industries, Inc. To Announce Second Quarter 2014 Financial Results On August 11,... Jul 07 2014
HAWAIIAN ELECTRIC INDUSTRIES INC Files SEC form 8-K, Regulation FD Disclosure, Other Events Jun 30 2014
Why Hawaiian Electric (HE) Stock Is Dipping Today Jun 26 2014
Hawaiian Electric downgraded to Cautious from Neutral at ISI Group Jun 26 2014
Three Great Dividend Companies To Consider For Any Portfolio Jun 20 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide