Heico's fiscal second-quarter results brought 25.3% revenue and 41% operating profit growth year over year. Excluding businesses acquired in the last year, Heico's revenue grew organically by 18% in the period.
Heico independently develops replacement parts for highly complex aircraft components—the juiciest market segment in aerospace, with a fraction of the required R&D of OEMs.
Private equity firms have entered the defense supplier market and may push up prices for target companies, which would limit Heico's ability to generate value-accretive inorganic growth.
|
Metric
|
HEI
|
TDG
|
BA
|
|---|---|---|---|
Price/Earnings (Normalized) | 60.85 | 32.62 | — |
Price/Book Value | 9.70 | — | 28.86 |
Price/Sales | 9.52 | 7.69 | 1.83 |
Price/Cash Flow | 41.94 | 27.40 | 76.59 |
|
Metric
|
HEI
|
TDG
|
BA
|
|---|---|---|---|
Quick Ratio | 1.19 | 2.30 | 0.32 |
Current Ratio | 2.92 | 3.52 | 1.18 |
Interest Coverage | 9.04 | 2.50 | 1.96 |
|
Metric
|
HEI
|
TDG
|
BA
|
|---|---|---|---|
Return on Assets (Normalized) | 10.13% | 9.60% | −3.64% |
Return on Equity (Normalized) | 20.44% | — | — |
Return on Invested Capital (Normalized) | 13.80% | 17.60% | −6.64% |
|
1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
|
Market Cap
|
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United States