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Upturn AI SWOT - About
HEI 
Heico Corporation (HEI)
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Upturn Advisory Summary
07/03/2025: HEI (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
21 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $307.73
1 Year Target Price $307.73
| 9 | Strong Buy |
| 4 | Buy |
| 7 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 16.04% | Avg. Invested days 41 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 39.21B USD | Price to earnings Ratio 75.68 | 1Y Target Price 307.73 |
Price to earnings Ratio 75.68 | 1Y Target Price 307.73 | ||
Volume (30-day avg) 21 | Beta 1.07 | 52 Weeks Range 216.60 - 328.63 | Updated Date 07/4/2025 |
52 Weeks Range 216.60 - 328.63 | Updated Date 07/4/2025 | ||
Dividends yield (FY) 0.07% | Basic EPS (TTM) 4.29 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.54% | Operating Margin (TTM) 22.6% |
Management Effectiveness
Return on Assets (TTM) 7.39% | Return on Equity (TTM) 15.71% |
Valuation
Trailing PE 75.68 | Forward PE 61.35 | Enterprise Value 40532502224 | Price to Sales(TTM) 9.49 |
Enterprise Value 40532502224 | Price to Sales(TTM) 9.49 | ||
Enterprise Value to Revenue 9.8 | Enterprise Value to EBITDA 36.95 | Shares Outstanding 55048800 | Shares Floating 118274662 |
Shares Outstanding 55048800 | Shares Floating 118274662 | ||
Percent Insiders 22.86 | Percent Institutions 71.81 |
Upturn AI SWOT
Heico Corporation
Company Overview
History and Background
Heico Corporation was founded in 1957 as Heinicke Instruments Company. Initially focused on lab equipment, it shifted towards aerospace and electronics, growing through acquisitions and organic expansion.
Core Business Areas
- Flight Support Group (FSG): FSG designs, manufactures, and distributes FAA-approved replacement parts and distributes other aviation components and systems.
- Electronic Technologies Group (ETG): ETG produces electronic equipment, including power supplies, data transmission devices, and microwave and radio frequency products, serving defense, space, and medical industries.
Leadership and Structure
Laurans A. Mendelson is the Chairman and CEO. The company operates with a decentralized structure, empowering individual business units.
Top Products and Market Share
Key Offerings
- FAA-Approved Replacement Parts: Heico provides parts for commercial and military aircraft. Competitors include TransDigm, Curtiss-Wright, and Moog. Market share is fragmented but Heico holds a significant position due to its focus on cost-effective alternatives.
- Electronic Equipment: ETG produces electronic equipment for various industries. Competitors include Astronics Corporation and Crane Aerospace & Electronics. Specific market share data is not publicly available, but it's a significant player in niche markets like defense and space power solutions.
Market Dynamics
Industry Overview
The aerospace and electronics industries are driven by technological advancements, regulatory requirements, and defense spending. The aviation aftermarket is growing due to aging aircraft fleets.
Positioning
Heico is positioned as a provider of value-engineered parts and niche electronic solutions. Its competitive advantage lies in its quick turnaround times, cost-effectiveness, and FAA approvals.
Total Addressable Market (TAM)
The TAM for aircraft parts and electronics is estimated to be in the hundreds of billions of dollars. Heico has the potential to capture a larger share through strategic acquisitions, and R&D investment.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Consistent acquisition strategy
- Decentralized operating model
- FAA-approved parts
- Value-engineered products
Weaknesses
- Dependence on acquisitions for growth
- Exposure to cyclical aerospace market
- Potential integration risks from acquisitions
- Reliance on FAA approvals
Opportunities
- Expanding into new aerospace markets
- Increasing content on existing platforms
- Growing demand for cost-effective aircraft parts
- Rising defense spending
Threats
- Economic downturn impacting air travel
- Increased competition from OEMs
- Regulatory changes affecting FAA approvals
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- TDG
- CW
- HOLX
Competitive Landscape
Heico has a strong position in the aviation aftermarket, competing primarily with TransDigm, Curtiss-Wright, and other aerospace and electronics companies. Heicou2019s value-engineered approach is a key differentiator.
Major Acquisitions
Wencor Group
- Year: 2020
- Acquisition Price (USD millions): 1900
- Strategic Rationale: Expanded product offerings and customer base in the aviation aftermarket.
Exxelia International
- Year: 2023
- Acquisition Price (USD millions): 453
- Strategic Rationale: Diversification into high-reliability electronic components, further expanding its electronic technologies group
Growth Trajectory and Initiatives
Historical Growth: Heico has grown substantially over the past decade, primarily through acquisitions and organic expansion.
Future Projections: Analysts project continued revenue and earnings growth for Heico, driven by its acquisition strategy and strong market position.
Recent Initiatives: Recent initiatives include strategic acquisitions in the aerospace and electronics sectors and continued investment in R&D.
Summary
Heico is a strong company that continues to grow its market share. Its consistent acquisition strategy in the aerospace and electronics industry paired with a strong reputation has delivered excellent results. However, their reliance on FAA approval and their reliance on acquisitions for growth are key areas that will require active management in the coming years.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a 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 Heico Corporation
Exchange NYSE | Headquaters Hollywood, FL, United States | ||
IPO Launch date 1992-03-17 | Co-CEO, Co-President & Director Mr. Eric A. Mendelson | ||
Sector Industrials | Industry Aerospace & Defense | Full time employees 10000 | Website https://www.heico.com |
Full time employees 10000 | Website https://www.heico.com | ||
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. It operates in two segments Flight Support Group (FSG) and Electronic Technologies Group (ETG). The FSG segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components and assemblies. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. The ETG segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power electronics; power conversion and interface products; interconnection devices; and underwater locator and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; radiation assurance services; and electronic components and rotary joint
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