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Upturn AI SWOT - About
HE 
Hawaiian Electric Industries Inc (HE)
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Upturn Advisory Summary
06/30/2025: HE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $11.7
1 Year Target Price $11.7
| 1 | Strong Buy |
| 0 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -35.15% | Avg. Invested days 20 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.83B USD | Price to earnings Ratio - | 1Y Target Price 11.7 |
Price to earnings Ratio - | 1Y Target Price 11.7 | ||
Volume (30-day avg) 5 | Beta 0.65 | 52 Weeks Range 7.61 - 18.19 | Updated Date 06/30/2025 |
52 Weeks Range 7.61 - 18.19 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -10.46 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -45.45% | Operating Margin (TTM) 8.51% |
Management Effectiveness
Return on Assets (TTM) 1.06% | Return on Equity (TTM) -66.65% |
Valuation
Trailing PE - | Forward PE 10.55 | Enterprise Value 4429069900 | Price to Sales(TTM) 0.58 |
Enterprise Value 4429069900 | Price to Sales(TTM) 0.58 | ||
Enterprise Value to Revenue 1.4 | Enterprise Value to EBITDA 5.51 | Shares Outstanding 172494000 | Shares Floating 158632624 |
Shares Outstanding 172494000 | Shares Floating 158632624 | ||
Percent Insiders 0.17 | Percent Institutions 78.48 |
Analyst Ratings
Rating 3 | Target Price 11.7 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Hawaiian Electric Industries Inc
Company Overview
History and Background
Hawaiian Electric Industries, Inc. (HEI) was founded in 1891 as Hawaiian Electric Company. It has grown from providing electricity to Honolulu to becoming a diversified holding company involved in electric utilities, banking, and renewable energy development. A key milestone was its expansion to serve multiple islands in Hawaii. Over time, HEI has focused on renewable energy and grid modernization.
Core Business Areas
- Hawaiian Electric Company (Electric Utility): Generates, transmits, and distributes electricity on the islands of O'ahu, Maui, Hawai'i Island, Lu0101na'i, and Moloka'i. This segment focuses on providing reliable and affordable electricity to customers, including residential, commercial, and government sectors.
- American Savings Bank (Banking): Provides a range of financial services, including deposit accounts, loans, and wealth management services, primarily in Hawaii.
- Pacific Current (Renewable Energy): Focuses on investments in renewable energy projects and technologies.
Leadership and Structure
Scott Seu serves as President and CEO of Hawaiian Electric Industries. The company has a board of directors and operates with a divisional structure corresponding to its core business areas.
Top Products and Market Share
Key Offerings
- Electricity Generation and Distribution: Provides electricity to the majority of Hawaii's population. Market share is near 100% on the islands served, due to HECO's regulated monopoly. Competitors include independent power producers (IPPs) and rooftop solar companies. Revenue from this product comprises the majority of HEI's overall revenue.
- Banking Services: American Savings Bank provides banking services within Hawaii, capturing a smaller segment compared to other banks with national presence. Competitors include Bank of Hawaii (BOH), First Hawaiian Bank (FHB), and national banks. The market share is about 20% of deposits in the state.
- Renewable Energy Investments: Pacific Current invests in utility-scale solar projects to support grid decarbonization. HEI faces competition from AES Corporation (AES) and other utility companies developing renewable energy capacity in Hawaii and similar markets.
Market Dynamics
Industry Overview
The electric utility industry is undergoing a significant transformation with a focus on renewable energy integration, grid modernization, and increased distributed generation. The banking industry faces challenges related to interest rate environments, regulatory changes, and technological disruption. The renewable energy investment industry continues to expand rapidly.
Positioning
HEI holds a dominant position in Hawaii's electric utility market. Its competitive advantages include its established infrastructure, customer base, and regulatory relationships. Its challenges include the high cost of electricity and the need to transition to renewable energy sources quickly. American Savings Bank has a significant local presence within the state, providing a competitive advantage.
Total Addressable Market (TAM)
The TAM for electricity generation in Hawaii is estimated at $3-4 billion annually. The TAM for banking services in Hawaii is approximately $20 billion in deposits. HEI is positioned to capture a substantial share of the electricity market and a portion of the banking market through its subsidiaries.
Upturn SWOT Analysis
Strengths
- Established infrastructure and customer base
- Dominant market share in electricity services in Hawaii
- Strong regulatory relationships
- Diversified business model with banking operations
- Focus on renewable energy investments
Weaknesses
- High cost of electricity compared to mainland US
- Dependence on imported fossil fuels
- Vulnerability to natural disasters
- Challenges in integrating renewable energy into the grid
- High debt level
Opportunities
- Increased adoption of renewable energy sources
- Grid modernization and infrastructure upgrades
- Expansion of banking services within Hawaii
- Development of energy storage solutions
- Government incentives for renewable energy projects
Threats
- Rising fuel costs
- Regulatory changes and environmental regulations
- Competition from independent power producers and rooftop solar
- Economic downturn in Hawaii
- Climate change impacts and natural disasters
Competitors and Market Share
Key Competitors
- AES Corp (AES)
- NextEra Energy (NEE)
- First Hawaiian Inc (FHB)
Competitive Landscape
HEI possesses the advantage of an entrenched incumbency within the Hawaiian electricity market, but must continue to balance reliability, renewable transitions, and community concerns around recent events. AES and NEE are aggressive national players in the renewable energy space.
Major Acquisitions
Hamakua Energy Partners
- Year: 2019
- Acquisition Price (USD millions): 0
- Strategic Rationale: Increased renewable energy generation and grid stability on Hawaii Island. The price was not listed but was for the Hamakua Energy Partners Power Plant
Growth Trajectory and Initiatives
Historical Growth: HEI's growth has been driven by increasing demand for electricity in Hawaii and expansion of its banking operations.
Future Projections: Analysts project moderate revenue growth in the coming years, driven by renewable energy investments and grid modernization. EPS is expected to increase at a similar pace.
Recent Initiatives: HEI is investing heavily in renewable energy projects, including solar, wind, and energy storage. It is also modernizing its grid to improve reliability and integrate renewable energy sources.
Summary
Hawaiian Electric Industries faces challenges in its transition to renewables while maintaining reliability. The company has a stable customer base but also is impacted heavily by events out of its control, such as the Maui wildfires. The bank and clean energy development arm provide some diversity. The financial impact to the firm and the market sentiment are weak.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10K, 10Q), Analyst Reports, News Articles, Market Data Providers
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hawaiian Electric Industries Inc
Exchange NYSE | Headquaters Honolulu, HI, United States | ||
IPO Launch date 1987-11-05 | President, CEO & Director Mr. Scott W. H. Seu | ||
Sector Utilities | Industry Utilities - Regulated Electric | Full time employees 2587 | Website https://www.hei.com |
Full time employees 2587 | Website https://www.hei.com | ||
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility business in the United States. It operates through Electric Utility and Other segments. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai. This segment's renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
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