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Heico (HEI.A) EV-to-EBIT

: 38.80 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heico's Enterprise Value is $26,351 Mil. Heico's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $679 Mil. Therefore, Heico's EV-to-EBIT for today is 38.80.

The historical rank and industry rank for Heico's EV-to-EBIT or its related term are showing as below:

HEI.A' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.17   Med: 26.34   Max: 56.43
Current: 38.8

During the past 13 years, the highest EV-to-EBIT of Heico was 56.43. The lowest was 13.17. And the median was 26.34.

HEI.A's EV-to-EBIT is ranked worse than
72.61% of 230 companies
in the Aerospace & Defense industry
Industry Median: 25.875 vs HEI.A: 38.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heico's Enterprise Value for the quarter that ended in Jan. 2024 was $22,291 Mil. Heico's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $679 Mil. Heico's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 3.05%.


Heico EV-to-EBIT Historical Data

The historical data trend for Heico's EV-to-EBIT 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.

* Premium members only.

Heico Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.45 35.00 44.27 36.04 32.33

Heico Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.57 34.48 34.48 32.33 32.82

Competitive Comparison

For the Aerospace & Defense subindustry, Heico's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Aerospace & Defense industry and Industrials sector, Heico's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Heico's EV-to-EBIT falls into.



Heico EV-to-EBIT Calculation

Heico's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=26351.279/679.083
=38.80

Heico's current Enterprise Value is $26,351 Mil.
Heico's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $679 Mil.

* 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.


Heico  (NYSE:HEI.A) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Heico's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=679.083/22290.88486
=3.05 %

Heico's Enterprise Value for the quarter that ended in Jan. 2024 was $22,291 Mil.
Heico's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $679 Mil.

* 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.


Heico EV-to-EBIT Related Terms

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Heico (HEI.A) Business Description

Traded in Other Exchanges
Address
3000 Taft Street, Hollywood, FL, USA, 33021
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.