Heico (STU:HC1) E10: €3.54 (As of Apr. 2026)


STU:HC1 Heico Corp STU:HC1
96 GF Score
Price €314.00
GF Value €293.10
Valuation Fairly Valued
! 4 Warning Signs
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What is Heico E10?

Heico STU:HC1 -0.70% 96 E10 is €3.54 as of Apr. 2026. GuruFocus rates STU:HC1 with a GF Score™ of 96/100 and a GF Value™ of €293.10 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Heico's adjusted earnings per share data for the three months ended in Apr. 2026 was €1.419. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.54 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Heico's average E10 Growth Rate was 19.30% per year. During the past 3 years, the average E10 Growth Rate was 14.80% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 17.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Heico was 44.20% per year. The lowest was 9.10% per year. And the median was 16.70% per year.

As of today (2026-07-06), Heico's current stock price is €314.00. Heico's E10 for the quarter that ended in Apr. 2026 was €3.54. Heico's Shiller PE Ratio of today is 88.70.

During the past 13 years, the highest Shiller PE Ratio of Heico was 100.31. The lowest was 41.85. And the median was 70.19.


Heico  (STU:HC1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Heico's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=314.00/3.54
=88.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Heico was 100.31. The lowest was 41.85. And the median was 70.19.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Heico E10 Related Terms


Heico E10 Historical Data

* Premium members only.

The historical data trend for Heico's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Heico E10 Chart

Heico Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 2.49 2.52 2.92 3.24

Heico Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.95 3.10 3.24 3.31 3.54

STU:HC1 vs AXON, RKLB, CW: E10 Comparison

For the Aerospace & Defense subindustry, Heico's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heico Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Heico's Shiller PE Ratio falls into.


STU:HC1
96GF Score
Heico Corp STU:HC1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heico E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Heico's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.419/333.0200*333.0200
=1.419

Current CPI (Apr. 2026) = 333.0200.

Heico Quarterly Data

per share eps CPI Adj_EPS
201607 0.284 240.628 0.393
201610 0.302 241.729 0.416
201701 0.286 242.839 0.392
201704 0.313 244.524 0.426
201707 0.295 244.786 0.401
201710 0.338 246.663 0.456
201801 0.394 247.867 0.529
201804 0.359 250.546 0.477
201807 0.419 252.006 0.554
201810 0.435 252.885 0.573
201901 0.508 251.712 0.672
201904 0.534 255.548 0.696
201907 0.526 256.571 0.683
201910 0.560 257.346 0.725
202001 0.802 257.971 1.035
202004 0.506 256.389 0.657
202007 0.348 259.101 0.447
202010 0.383 260.388 0.490
202101 0.419 261.582 0.533
202104 0.426 267.054 0.531
202107 0.474 273.003 0.578
202110 0.534 276.589 0.643
202201 0.557 281.148 0.660
202204 0.574 289.109 0.661
202207 0.590 296.276 0.663
202210 0.710 298.012 0.793
202301 0.622 299.170 0.692
202304 0.693 303.363 0.761
202307 0.669 305.691 0.729
202310 0.701 307.671 0.759
202401 0.753 308.417 0.813
202404 0.820 313.548 0.871
202407 0.894 314.540 0.947
202410 0.909 315.664 0.959
202501 1.159 317.671 1.215
202504 0.997 320.795 1.035
202507 1.080 323.048 1.113
202510 1.142 0.000
202601 1.149 325.252 1.176
202604 1.419 333.020 1.419

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €3.54 mean?
Heico (STU:HC1) has a E10 of €3.54 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Heico and its competitors.
Is Heico's E10 too high?
Heico's current E10 is €3.54. Overall, Heico has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heico's E10 compare to AXON and RKLB?
Heico's E10 of €3.54 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Heico and its competitors. Heico's current E10 is €3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heico stock overvalued right now?
Based on GuruFocus' analysis, Heico (STU:HC1) is currently considered Fairly Valued. The stock's GF Value™ is €293.10, compared to a current price of €314.00 — trading 7.1% above its estimated fair value. The current E10 is €3.54. Heico's overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Heico (STU:HC1), the current E10 is €3.54 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heico (STU:HC1) Overvalued in 2026?

Based on GuruFocus' analysis, Heico stock appears to be overvalued. The current stock price of €314.00 is trading 7.1% above its estimated GF Value™ of €293.10. GuruFocus considers Heico to be Fairly Valued.

Key valuation signals for STU:HC1:

  • E10: €3.54
  • GF Value™: €293.10 vs. price of €314.00 (7.1% above fair value)
  • GF Score™: 96/100 with 4 warning signs

No single metric tells the full story. See the STU:HC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heico Business Description

Address 3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating 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 two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential.
96GF Score

Get the complete analysis for STU:HC1

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€314.00
Price
€293.10
GF Value