HEICO Corporation

DB:HC1 Stock Report

Market Cap: €35.6b

HEICO Valuation

Is HC1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of HC1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: HC1 (€296.8) is trading above our estimate of future cash flow value (€267.21)

Significantly Below Future Cash Flow Value: HC1 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HC1?

Key metric: As HC1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HC1. This is calculated by dividing HC1's market cap by their current earnings.
What is HC1's PE Ratio?
PE Ratio61.1x
EarningsUS$789.63m
Market CapUS$40.57b

Price to Earnings Ratio vs Peers

How does HC1's PE Ratio compare to its peers?

The above table shows the PE ratio for HC1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average57.1x
RHM Rheinmetall
42x30.65%€44.1b
MTX MTU Aero Engines
19.4x7.41%€19.3b
HAG Hensoldt
75x30.76%€7.5b
OHB OHB
92.2x36.58%€5.2b
HC1 HEICO
61.1x12.88%€40.6b

Price-To-Earnings vs Peers: HC1 is expensive based on its Price-To-Earnings Ratio (61.1x) compared to the peer average (57.1x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does HC1's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HC1 61.1xIndustry Avg. 29.6xNo. of Companies15PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HC1 is expensive based on its Price-To-Earnings Ratio (61.1x) compared to the European Aerospace & Defense industry average (29.6x).

Price to Earnings Ratio vs Fair Ratio

What is HC1's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HC1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio61.1x
Fair PE Ratio28.6x

Price-To-Earnings vs Fair Ratio: HC1 is expensive based on its Price-To-Earnings Ratio (61.1x) compared to the estimated Fair Price-To-Earnings Ratio (28.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HC1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€296.80
€334.48
+12.69%
10.33%€408.03€251.23n/a20
Jun ’27€297.20
€330.88
+11.33%
10.34%€405.11€249.43n/a20
May ’27€221.40
€300.92
+35.92%
11.60%€355.22€239.64n/a19
Apr ’27€235.80
€313.55
+32.97%
11.39%€360.04€243.48n/a19
Mar ’27€261.40
€313.73
+20.02%
10.21%€346.82€235.16n/a18
Feb ’27€275.90
€314.98
+14.17%
10.02%€349.93€234.41n/a18
Jan ’27€277.30
€309.16
+11.49%
9.93%€340.56€236.69n/a17
Dec ’26€269.90
€305.69
+13.26%
9.94%€347.00€234.23n/a16
Nov ’26€267.40
€303.30
+13.43%
10.25%€344.40€232.47n/a15
Oct ’26€271.60
€301.64
+11.06%
10.70%€341.80€230.72n/a14
Sep ’26€264.20
€291.31
+10.26%
12.43%€341.96€205.18n/a16
Aug ’26€281.60
€274.75
-2.43%
10.51%€306.50€204.34n/a17
Jul ’26€273.50
€261.27
-4.47%
11.80%€305.64€203.76n/a18
Jun ’26€263.40
€261.17
-0.85%
12.59%€317.09€193.19€297.2018
May ’26€217.50
€233.44
+7.33%
10.79%€277.86€186.68€221.4018
Apr ’26€245.50
€255.92
+4.25%
10.87%€296.38€199.13€235.8017
Mar ’26€252.90
€260.01
+2.81%
11.83%€298.90€191.13€261.4017
Feb ’26€227.80
€249.22
+9.40%
13.07%€293.33€187.89€275.9016
Jan ’26€232.40
€258.45
+11.21%
10.73%€293.27€187.85€277.3015
Dec ’25€259.30
€253.92
-2.07%
12.34%€301.08€164.83€269.9016
Nov ’25€227.50
€243.72
+7.13%
11.51%€277.41€159.97€267.4016
Oct ’25€236.80
€228.86
-3.35%
11.93%€268.41€154.78€271.6015
Sep ’25€234.10
€225.24
-3.78%
11.85%€271.44€156.53€264.2017
Aug ’25€222.20
€214.66
-3.40%
10.08%€243.23€158.19€281.6016
Jul ’25€206.30
€213.95
+3.71%
11.75%€238.04€158.70€273.5016
Jun ’25€196.95
€202.86
+3.00%
13.33%€235.47€156.98€263.4016
€331.96
Fair Value
10.6% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/28 12:50
End of Day Share Price 2026/06/26 00:00
Earnings2026/04/30
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HEICO Corporation is covered by 33 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter ArmentBaird
David StraussBarclays
Matthew AkersBNP Paribas