Heico's fiscal third-quarter results brought 23% revenue and 34% operating profit growth year over year. Excluding businesses acquired in the last year, Heico's consolidated revenue grew organically by around 14% 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 could dent Heico's ability to generate value-accretive inorganic growth.
|
Metric
|
HEI
|
TDG
|
BA
|
|---|---|---|---|
Price/Earnings (Normalized) | 53.43 | 28.67 | 142.20 |
Price/Book Value | 8.93 | — | 27.27 |
Price/Sales | 8.61 | 6.61 | 1.75 |
Price/Cash Flow | 36.57 | 24.17 | 64.32 |
|
Metric
|
HEI
|
TDG
|
BA
|
|---|---|---|---|
Quick Ratio | 1.11 | 1.78 | 0.30 |
Current Ratio | 2.72 | 3.02 | 1.14 |
Interest Coverage | 9.44 | 2.45 | 2.08 |
|
Metric
|
HEI
|
TDG
|
BA
|
|---|---|---|---|
Return on Assets (Normalized) | 10.45% | 9.48% | −3.52% |
Return on Equity (Normalized) | 21.03% | — | −474.49% |
Return on Invested Capital (Normalized) | 14.44% | 17.57% | −6.54% |
|
1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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United States