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 : 8/10

vs
industry
vs
history
Cash to Debt 0.04
HEI's Cash to Debt is ranked higher than
53% of the 255 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.71 vs. HEI: 0.04 )
HEI' s 10-Year Cash to Debt Range
Min: 0.01   Max: 275.88
Current: 0.04

0.01
275.88
Equity to Asset 0.40
HEI's Equity to Asset is ranked higher than
71% of the 261 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. HEI: 0.40 )
HEI' s 10-Year Equity to Asset Range
Min: 0.4   Max: 0.75
Current: 0.4

0.4
0.75
Interest Coverage 49.39
HEI's Interest Coverage is ranked higher than
88% of the 162 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 13.99 vs. HEI: 49.39 )
HEI' s 10-Year Interest Coverage Range
Min: 6.99   Max: 974.87
Current: 49.39

6.99
974.87
F-Score: 6
Z-Score: 3.46
M-Score: -2.34
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 : 9/10

vs
industry
vs
history
Operating margin (%) 18.20
HEI's Operating margin (%) is ranked higher than
96% of the 259 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 7.82 vs. HEI: 18.20 )
HEI' s 10-Year Operating margin (%) Range
Min: 11.14   Max: 23.28
Current: 18.2

11.14
23.28
Net-margin (%) 10.15
HEI's Net-margin (%) is ranked higher than
90% of the 259 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 5.29 vs. HEI: 10.15 )
HEI' s 10-Year Net-margin (%) Range
Min: 6.68   Max: 28.61
Current: 10.15

6.68
28.61
ROE (%) 16.89
HEI's ROE (%) is ranked higher than
89% of the 251 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.68 vs. HEI: 16.89 )
HEI' s 10-Year ROE (%) Range
Min: 5.52   Max: 23.86
Current: 16.89

5.52
23.86
ROA (%) 6.68
HEI's ROA (%) is ranked higher than
87% of the 260 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.66 vs. HEI: 6.68 )
HEI' s 10-Year ROA (%) Range
Min: 3.67   Max: 16.02
Current: 6.68

3.67
16.02
ROC (Joel Greenblatt) (%) 50.56
HEI's ROC (Joel Greenblatt) (%) is ranked higher than
93% of the 260 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 24.60 vs. HEI: 50.56 )
HEI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 20.09   Max: 56.93
Current: 50.56

20.09
56.93
Revenue Growth (%) 17.20
HEI's Revenue Growth (%) is ranked higher than
92% of the 240 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 5.30 vs. HEI: 17.20 )
HEI' s 10-Year Revenue Growth (%) Range
Min: -8.1   Max: 44.8
Current: 17.2

-8.1
44.8
EBITDA Growth (%) 19.60
HEI's EBITDA Growth (%) is ranked higher than
88% of the 220 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.00 vs. HEI: 19.60 )
HEI' s 10-Year EBITDA Growth (%) Range
Min: -25.2   Max: 59.7
Current: 19.6

-25.2
59.7
EPS Growth (%) 22.60
HEI's EPS Growth (%) is ranked higher than
84% of the 192 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.10 vs. HEI: 22.60 )
HEI' s 10-Year EPS Growth (%) Range
Min: -26.1   Max: 46.3
Current: 22.6

-26.1
46.3
» HEI's 10-Y Financials

Financials


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

» Details

Guru Trades

Q1 2013

HEI Guru Trades in Q1 2013

Joel Greenblatt 18,530 sh (New)
Mario Gabelli 53,633 sh (unchged)
Chuck Royce 1,550,622 sh (-6.06%)
Jim Simons 71,399 sh (-55.94%)
» More
Q2 2013

HEI Guru Trades in Q2 2013

Jim Simons 81,052 sh (+13.52%)
Mario Gabelli 53,633 sh (unchged)
Joel Greenblatt Sold Out
Chuck Royce 1,544,022 sh (-0.43%)
» More
Q3 2013

HEI Guru Trades in Q3 2013

Steven Cohen 4,045 sh (New)
Mario Gabelli 53,633 sh (unchged)
Jim Simons Sold Out
Chuck Royce 1,476,697 sh (-4.36%)
» More
Q4 2013

HEI Guru Trades in Q4 2013

Paul Tudor Jones 4,219 sh (New)
Jim Simons 96,639 sh (New)
Steven Cohen Sold Out
Mario Gabelli 66,616 sh (-0.63%)
Chuck Royce 1,608,669 sh (-12.85%)
» More
» Details

Insider Trades

Latest Guru Trades with HEI

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-06-30 Sold Out 0.04%$32.9 - $41.94 $ 58.7357%0
Joel Greenblatt 2013-03-31 New Buy0.04%$34.48 - $37.67 $ 58.7362%18530
Mario Gabelli 2012-06-30 Add 25%$29.5 - $41.44 $ 58.7373%53904
Joel Greenblatt 2011-12-31 Sold Out 0.04%$36.86 - $48.7 $ 58.7330%0
Joel Greenblatt 2011-09-30 New Buy0.04%$33.09 - $46.19 $ 58.7342%4601
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) 25.70
HEI's P/E(ttm) is ranked higher than
56% of the 222 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 19.50 vs. HEI: 25.70 )
HEI' s 10-Year P/E(ttm) Range
Min: 10.75   Max: 29.74
Current: 25.7

10.75
29.74
P/B 4.70
HEI's P/B is ranked lower than
63% of the 237 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.45 vs. HEI: 4.70 )
HEI' s 10-Year P/B Range
Min: 0.65   Max: 5.15
Current: 4.7

0.65
5.15
P/S 3.70
HEI's P/S is ranked lower than
74% of the 260 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.10 vs. HEI: 3.70 )
HEI' s 10-Year P/S Range
Min: 0.92   Max: 3.7
Current: 3.7

0.92
3.7
PFCF 21.10
HEI's PFCF is ranked higher than
64% of the 147 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 21.45 vs. HEI: 21.10 )
HEI' s 10-Year PFCF Range
Min: 7.33   Max: 36.36
Current: 21.1

7.33
36.36
EV-to-EBIT 16.40
HEI's EV-to-EBIT is ranked higher than
60% of the 233 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 14.80 vs. HEI: 16.40 )
HEI' s 10-Year EV-to-EBIT Range
Min: 5.4   Max: 21.6
Current: 16.4

5.4
21.6
PEG 1.20
HEI's PEG is ranked higher than
75% of the 185 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.57 vs. HEI: 1.20 )
HEI' s 10-Year PEG Range
Min: 0.36   Max: 45.47
Current: 1.2

0.36
45.47
Shiller P/E 37.70
HEI's Shiller P/E is ranked lower than
56% of the 209 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 21.40 vs. HEI: 37.70 )
HEI' s 10-Year Shiller P/E Range
Min: 8.34   Max: 45.16
Current: 37.7

8.34
45.16

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.20
HEI's Dividend Yield is ranked lower than
92% of the 180 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.83 vs. HEI: 0.20 )
HEI' s 10-Year Dividend Yield Range
Min: 0.2   Max: 0.6
Current: 0.2

0.2
0.6
Dividend Payout 0.07
HEI's Dividend Payout is ranked higher than
93% of the 162 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.30 vs. HEI: 0.07 )
HEI' s 10-Year Dividend Payout Range
Min: 0.08   Max: 0.19
Current: 0.07

0.08
0.19
Dividend growth (3y) 23.70
HEI's Dividend growth (3y) is ranked higher than
91% of the 147 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.40 vs. HEI: 23.70 )
HEI' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 30.5
Current: 23.7

0
30.5
Yield on cost (5-Year) 0.53
HEI's Yield on cost (5-Year) is ranked lower than
82% of the 187 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.16 vs. HEI: 0.53 )
HEI' s 10-Year Yield on cost (5-Year) Range
Min: 0.53   Max: 1.6
Current: 0.53

0.53
1.6
Share Buyback Rate -0.50
HEI's Share Buyback Rate is ranked higher than
81% of the 194 Companies
in the Global Aerospace & Defense industry.

( Industry Median: -0.60 vs. HEI: -0.50 )
HEI' s 10-Year Share Buyback Rate Range
Min: 1.1   Max: -10.1
Current: -0.5

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 2.00
HEI's Price/DCF (Projected) is ranked higher than
65% of the 181 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.30 vs. HEI: 2.00 )
HEI' s 10-Year Price/DCF (Projected) Range
Min: 0.71   Max: 17.87
Current: 2

0.71
17.87
Price/Median PS Value 1.90
HEI's Price/Median PS Value is ranked higher than
52% of the 244 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.10 vs. HEI: 1.90 )
HEI' s 10-Year Price/Median PS Value Range
Min: 0.45   Max: 3.1
Current: 1.9

0.45
3.1
Price/Peter Lynch Fair Value 1.90
HEI's Price/Peter Lynch Fair Value is ranked higher than
64% of the 119 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.10 vs. HEI: 1.90 )
HEI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.33   Max: 4.01
Current: 1.9

0.33
4.01
Earnings Yield (Greenblatt) 6.10
HEI's Earnings Yield (Greenblatt) is ranked higher than
65% of the 240 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.70 vs. HEI: 6.10 )
HEI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.6   Max: 18.4
Current: 6.1

4.6
18.4
Forward Rate of Return (Yacktman) 21.91
HEI's Forward Rate of Return (Yacktman) is ranked higher than
89% of the 228 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 9.52 vs. HEI: 21.91 )
HEI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -21.5   Max: 38.6
Current: 21.91

-21.5
38.6

Business Description

Industry: Aerospace & Defense » Aerospace & Defense
Compare:BA, ERJ, EADSY, RYCEY, HON » details
Traded in other countries:HC1.Germany
Heico Corporation was originally established in 1957 as a holding company known as HEICO Corporation. As part of a reorganization completed in 1993, the original holding company was renamed as HEICO Aerospace Corporation and a new holding corporation known as HEICO Corporation was created. The Company through its subsidiaries is a manufacturer of Federal Aviation Administration (FAA)-approved jet engine and aircraft component replacement parts, other than the original equipment manufacturers (OEMs) and their subcontractors. The Company's business is comprised of two operating segments, the Flight Support Group and the Flight Support Group. The Flight Support Group uses proprietary technology to design and manufacture jet engine and aircraft component replacement parts. These parts are approved by the FAA and are the functional equivalent of parts sold by OEMs. In addition, the Flight Support Group repairs and distributes jet engine and aircraft components, avionics and instruments for domestic and foreign commercial air carriers and aircraft repair companies as well as military and business aircraft operators; and manufactures thermal insulation products and other component parts mainly for aerospace, defense and commercial applications. The Electronic Technologies Group engages in the design, manufacture and sell various types of electronic, microwave and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies, power conversion products, underwater locator beacons, electromagnetic interference and radio frequency interference shielding, high power capacitor charging power supplies, amplifiers, photo detectors, amplifier modules, flash lamp drivers, laser diode drivers, arc lamp power supplies, custom power supply designs, cable assemblies, high voltage interconnection devices and wire, high voltage energy generators, high frequency power delivery systems and high-speed interface products that link devices such as telemetry receivers, digital cameras, high resolution scanners, simulation systems and test systems to almost any computer. It purchases raw materials, mainly consisting of high temperature alloy sheet metal and castings, forgings, pre-plated metals and electrical components from various vendors. The aerospace product and service industry is characterized by intense competition. The FAA regulates the manufacture, repair and operation of all aircraft and aircraft parts operated in the United States.

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
Hide