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HeicoFRA:HC1 -0.68%95 EV-to-EBITDA is 34.76 as of Aug. 16, 2026, which is 22% above its 10-year median of 28.57. GuruFocus rates FRA:HC1 with a GF Score™ of 95/100 and a GF Value™ of €289.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 266 Aerospace & Defense companies, Heico ranks worse than 69.92% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Heico's enterprise value is €40,688 Mil.
Heico's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was €1,170 Mil. Therefore, Heico's EV-to-EBITDA for today is 34.76.
The historical rank and industry rank for Heico's EV-to-EBITDA or its related term are showing as below:
FRA:HC1'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.1 Med: 28.57 Max: 44.4
Current: 34.3
During the past 13 years, the highest EV-to-EBITDA of Heico was 44.40. The lowest was 14.10. And the median was 28.57.
FRA:HC1's EV-to-EBITDA is ranked worse than 69.92% of 266
companies
in the Aerospace & Defense industry
Industry Median: 23.27
vs FRA:HC1: 34.30
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-16), Heico's stock price is €319.20.
Heico's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was €4.790. Therefore, Heico's PE Ratio (TTM) for today is 66.64.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Heico's share price for today is €319.20.
Heico's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.790.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Heico's EV-to-EBITDA 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.
FRA:HC1 vs AXON, RKLB, CW: EV-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Heico's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Heico's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Heico's EV-to-EBITDA falls into.
Heico's current Enterprise Value is €40,688 Mil.
Heico's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,170 Mil.
* 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 (FRA:HC1) has a EV-to-EBITDA of 34.76 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Heico. This is 22% above median its historical median of 28.57. Over the past decade, Heico's EV-to-EBITDA has ranged from 14.10 to 44.40. According to the industry distribution chart, Heico ranks #186 out of 266 companies in the Aerospace & Defense industry, placing it in the top 69.9%.
Is Heico's EV-to-EBITDA too high?
Heico's current EV-to-EBITDA of 34.76 is 22% above median its 10-year median of 28.57. Over the past 10 years, this metric has ranged from a low of 14.10 to a high of 44.40. The Aerospace & Defense industry median EV-to-EBITDA is 23.27. Heico's value of 34.76 is 49.4% above this industry median. Based on the distribution chart, Heico ranks #186 out of 266 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Heico has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heico's EV-to-EBITDA compare to AXON and RKLB?
According to the Aerospace & Defense industry distribution chart, Heico ranks #186 out of 266 companies for EV-to-EBITDA. This places Heico in the lower half of its industry. The industry median EV-to-EBITDA is 23.27. Heico's value of 34.76 is 49.4% above this benchmark. Historically, Heico's own EV-to-EBITDA has ranged from 14.10 to 44.40 over the past decade. While the company's 10-year median is 28.57 vs. the industry median of 23.27, Heico has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 23.27, based on 266 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heico's current EV-to-EBITDA of 34.76 is 49.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Heico. For the Aerospace & Defense industry, the median EV-to-EBITDA is 23.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heico's current EV-to-EBITDA is 34.76, which is 22% above median its own 10-year median of 28.57. 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 (FRA:HC1) is currently considered Fairly Valued. The stock's GF Value™ is €289.13, compared to a current price of €319.20 — trading 10.4% above its estimated fair value. The current EV-to-EBITDA is 34.76, which is 22% above median its 10-year median of 28.57 and 49.4% above the Aerospace & Defense industry median of 23.27. Heico's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Heico (FRA:HC1), the current EV-to-EBITDA is 34.76 as of Aug. 16, 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 (FRA:HC1) Overvalued in 2026?
Based on GuruFocus' analysis, Heico stock appears to be overvalued.
The current stock price of €319.20 is trading 10.4% above its estimated GF Value™ of €289.13.
GuruFocus considers Heico to be Fairly Valued.
Key valuation signals for FRA:HC1:
EV-to-EBITDA: 34.76 (22% above median its 10-year median of 28.57)
GF Value™: €289.13 vs. price of €319.20 (10.4% above fair value)
Industry Position: 49.4% above the Aerospace & Defense median (#186 of 266)
No single metric tells the full story. See the FRA:HC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
95GF Score
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