H&E Equipment Services, Inc.

NasdaqGS:HEES Stock Report

Mkt Cap: US$1.6b

We’ve recently updated our valuation analysis.

H&E Equipment Services Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

HEES key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA11.9x
PEG Ratio1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HEES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.7x
VRTV Veritiv
4.9x-19.5%US$1.7b
TGH Textainer Group Holdings
4.7x-4.3%US$1.4b
9.2x2.6%US$1.2b
MGRC McGrath RentCorp
19.9x4.3%US$2.3b
HEES H&E Equipment Services
11.9x12.4%US$1.6b


Price to Earnings Ratio vs Industry

How does HEES's PE Ratio compare vs other companies in the US Trade Distributors Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.3%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.3%
n/an/an/a
No more companies


Price to Earnings Ratio vs Fair Ratio

What is HEES'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.

HEES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.9x
Fair PE Ratio18.5x

Price-To-Earnings vs Fair Ratio: HEES is good value based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).


Share Price vs Fair Value

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


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 HEES forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$43.12
US$67.33
+56.2%
18.5%US$95.00US$60.00n/a6
Mar ’24US$54.49
US$64.67
+18.7%
22.3%US$95.00US$48.00n/a6
Feb ’24US$51.40
US$59.17
+15.1%
20.0%US$83.00US$48.00n/a6
Jan ’24US$45.40
US$58.83
+29.6%
20.3%US$83.00US$48.00n/a6
Dec ’23US$42.56
US$58.20
+36.7%
23.1%US$83.00US$45.00n/a5
Nov ’23US$38.77
US$57.80
+49.1%
23.9%US$83.00US$45.00n/a5
Oct ’23US$28.34
US$52.60
+85.6%
15.2%US$65.00US$42.00n/a5
Sep ’23US$31.02
US$52.60
+69.6%
15.2%US$65.00US$42.00n/a5
Aug ’23US$34.98
US$53.00
+51.5%
14.6%US$65.00US$42.00n/a5
Jul ’23US$29.11
US$54.40
+86.9%
15.2%US$69.00US$45.00n/a5
Jun ’23US$35.87
US$54.40
+51.7%
15.2%US$69.00US$45.00n/a5
May ’23US$35.48
US$54.40
+53.3%
15.2%US$69.00US$45.00n/a5
Apr ’23US$43.01
US$56.40
+31.1%
13.7%US$71.00US$48.00n/a5
Mar ’23US$39.71
US$56.00
+41.0%
16.8%US$71.00US$45.00US$54.494
Feb ’23US$42.26
US$55.00
+30.1%
11.8%US$63.00US$45.00US$51.404
Jan ’23US$44.27
US$50.25
+13.5%
11.6%US$57.00US$44.00US$45.404
Dec ’22US$40.93
US$50.25
+22.8%
11.6%US$57.00US$44.00US$42.564
Nov ’22US$46.23
US$42.75
-7.5%
10.4%US$48.00US$37.00US$38.774
Oct ’22US$35.88
US$41.00
+14.3%
9.0%US$46.00US$37.00US$28.344
Sep ’22US$33.61
US$42.00
+25.0%
8.9%US$46.00US$37.00US$31.023
Aug ’22US$34.03
US$42.00
+23.4%
8.9%US$46.00US$37.00US$34.983
Jul ’22US$33.16
US$42.00
+26.7%
8.9%US$46.00US$37.00US$29.113
Jun ’22US$37.81
US$42.00
+11.1%
8.9%US$46.00US$37.00US$35.873
May ’22US$38.90
US$42.00
+8.0%
8.9%US$46.00US$37.00US$35.483
Apr ’22US$37.82
US$39.00
+3.1%
8.4%US$43.00US$35.00US$43.013
Mar ’22US$32.29
US$32.67
+1.2%
19.4%US$39.00US$24.00US$39.713


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