HE (Hawaiian Electric Industries) Moat Score: 6/10 (As of Jun. 29, 2026)


HE Hawaiian Electric Industries Inc HE
64 GF Score
Price $13.41
GF Value $8.02
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hawaiian Electric Industries Moat Score?

Hawaiian Electric Industries HE -1.18% 64 Moat Score is 6 as of Jun. 29, 2026. GuruFocus rates HE with a GF Score™ of 64/100 and a GF Value™ of $8.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 548 Utilities - Regulated companies, Hawaiian Electric Industries ranks better than 93.07% on this metric.

Hawaiian Electric Industries has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Hawaiian Electric Industries has Narrow Moat: Hawaiian Electric Industries has a strong narrow moat due to its regulated utility operations, which provide stable cash flows and significant regulatory barriers. While it has a dominant market position in Hawaii, its pricing power is limited by regulatory oversight, and it lacks significant innovation or brand strength.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Hawaiian Electric Industries might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Hawaiian Electric Industries  (NYSE:HE) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Hawaiian Electric Industries Moat Score Related Terms

HE vs MGEE, IMSR, NKLR: Moat Score Comparison

For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries's Moat Score, along with its competitors' market caps and Moat Score 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.

Hawaiian Electric Industries Moat Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's Moat Score distribution charts can be found below:

* The bar in red indicates where Hawaiian Electric Industries's Moat Score falls into.


HE
64GF Score
Hawaiian Electric Industries Inc HE
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Hawaiian Electric Industries (HE) has a Moat Score of 6 as of Jun. 29, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Hawaiian Electric Industries ranks #38 out of 548 companies in the Utilities - Regulated industry, placing it in the top 6.9%.
Is Hawaiian Electric Industries' Moat Score too high?
Hawaiian Electric Industries' current Moat Score is 6. Based on the distribution chart, Hawaiian Electric Industries ranks #38 out of 548 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hawaiian Electric Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hawaiian Electric Industries' Moat Score compare to MGEE and IMSR?
According to the Utilities - Regulated industry distribution chart, Hawaiian Electric Industries ranks #38 out of 548 companies for Moat Score. This places Hawaiian Electric Industries in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Utilities - Regulated company?
A good Moat Score depends on the Utilities - Regulated industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Hawaiian Electric Industries's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawaiian Electric Industries stock overvalued right now?
Based on GuruFocus' analysis, Hawaiian Electric Industries (HE) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.02, compared to a current price of $13.41 — trading 67.2% above its estimated fair value. The current Moat Score is 6. Hawaiian Electric Industries' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Hawaiian Electric Industries (HE), the current Moat Score is 6 as of Jun. 29, 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 Hawaiian Electric Industries (HE) Overvalued in 2026?

Based on GuruFocus' analysis, Hawaiian Electric Industries stock appears to be overvalued. The current stock price of $13.41 is trading 67.2% above its estimated GF Value™ of $8.02. GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.

Key valuation signals for HE:

  • Moat Score: 6
  • GF Value™: $8.02 vs. price of $13.41 (67.2% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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

Hawaiian Electric Industries Business Description

Other Exchanges HWI:Germany
Address 1001 Bishop Street, Suite 2900, Honolulu, HI, USA, 96813
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
64GF Score

Get the complete analysis for HE

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

$13.41
Price
$8.02
GF Value