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Hawaiian Electric Industries Inc HE

Morningstar Rating
$9.88 −0.62 (5.90%)
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Company Report

Price vs Fair Value

HE is trading within a range we consider fairly valued.
Price
$10.95
Fair Value
$34.00
Uncertainty
Extreme
1-Star Price
$46.00
5-Star Price
$9.45
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Regulation in Hawaii has improved with performance-based ratemaking reducing earnings volatility while offering opportunities for management to earn incentives.

Bears

Wildfires in Hawaiian Electric's service territory have significantly increased investor risk. If Hawaiian Electric is found responsible for the damages, shareholders will face years of uncertainty and the risk for significant losses.

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News

Trading Information

Previous Close Price
$10.50
Day Range
$9.4410.39
52-Week Range
$8.7440.16
Bid/Ask
$9.76 / $9.92
Market Cap
$1.09 Bil
Volume/Avg
5.7 Mil / 2.4 Mil

Key Statistics

Price/Earnings (Normalized)
5.33
Price/Sales
0.30
Dividend Yield (Trailing)
6.65%
Dividend Yield (Forward)
Total Yield
7.29%

Company Profile

Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai. Nearly 40% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Small Value
Total Number of Employees
3,706

Competitors

Valuation

Metric
HE
PNW
AEE
Price/Earnings (Normalized)
5.3316.5516.82
Price/Book Value
0.461.341.74
Price/Sales
0.301.772.60
Price/Cash Flow
2.426.536.75
Price/Earnings
HE
PNW
AEE

Financial Strength

Metric
HE
PNW
AEE
Quick Ratio
28.450.230.28
Current Ratio
28.550.670.65
Interest Coverage
2.972.723.31
Quick Ratio
HE
PNW
AEE

Profitability

Metric
HE
PNW
AEE
Return on Assets (Normalized)
0.43%2.03%2.90%
Return on Equity (Normalized)
3.22%7.91%10.45%
Return on Invested Capital (Normalized)
2.75%4.66%5.94%
Return on Assets
HE
PNW
AEE
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Regulated Electric Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NEE
NextEra Energy IncMvrgykdmctDkhdcf$137.4 Bil
SO
Southern CoPgqwjbqlzMmpgdd$80.1 Bil
DUK
Duke Energy CorpQvfkqxhtSdhgj$75.4 Bil
NGG
National Grid PLC ADRMwtkxbrtKkmph$48.5 Bil
AEP
American Electric Power Co IncBmyfsplrXrczqjy$44.9 Bil
PCG
PG&E CorpGlkcqjmpHkqb$44.5 Bil
D
Dominion Energy IncQbbxhvgdHtqqvn$42.3 Bil
EXC
Exelon CorpYxwvyxkNtxzx$37.3 Bil
PEG
Public Service Enterprise Group IncKztlljhnSysxjp$33.8 Bil
ED
Consolidated Edison IncYhrmcyvtGdb$32.1 Bil

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