PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Heico's PE Ratio without NRI is 66.80. Heico's 5-Year EBITDA growth rate is 8.30%. Therefore, Heico's PEG Ratio for today is 8.05.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Heico's PEG Ratio or its related term are showing as below:
HEI'
s PEG Ratio Range Over the Past 10 Years
Min: 1.14 Med: 2.6 Max: 11.2
Current: 8.05
During the past 13 years, Heico's highest PEG Ratio was 11.20. The lowest was 1.14. And the median was 2.60.
HEI's PEG Ratio is ranked worse than 85.71% of 98
companies
in the Aerospace & Defense industry
Industry Median: 2.59
vs HEI: 8.05
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Heico PEG Ratio Historical Data
The historical data trend for Heico's PEG Ratio 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.
For the Aerospace & Defense subindustry, Heico's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio Distribution
For the Aerospace & Defense industry and Industrials sector, Heico's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Heico's PEG Ratio falls into.
Heico PEG Ratio Calculation
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio.
The ratio we use is the 5-Year EBITDA growth rate.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Heico (NYSE:HEI) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Heico PEG Ratio Related Terms
Thank you for viewing the detailed overview of Heico's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.
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