Heico Free Cash Flow Per Share vs Price Cash Flow Ratio Analysis

HEI Stock  USD 258.52  2.47  0.96%   
Heico financial indicator trend analysis is much more than just examining Heico latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heico is a good investment. Please check the relationship between Heico Free Cash Flow Per Share and its Price Cash Flow Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.

Free Cash Flow Per Share vs Price Cash Flow Ratio

Free Cash Flow Per Share vs Price Cash Flow Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heico Free Cash Flow Per Share account and Price Cash Flow Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Heico's Free Cash Flow Per Share and Price Cash Flow Ratio is 0.91. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Heico, assuming nothing else is changed. The correlation between historical values of Heico's Free Cash Flow Per Share and Price Cash Flow Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Heico are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Heico's Free Cash Flow Per Share and Price Cash Flow Ratio go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Price Cash Flow Ratio

Most indicators from Heico's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heico current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.As of now, Heico's Enterprise Value Multiple is increasing as compared to previous years. The Heico's current Enterprise Value is estimated to increase to about 16.1 B, while Tax Provision is projected to decrease to under 84.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense6.4M73.0M83.9M88.1M
Depreciation And Amortization95.3M128.5M147.8M155.2M

Heico fundamental ratios Correlations

0.940.980.990.971.00.920.960.621.00.830.621.00.460.971.00.570.960.981.00.961.00.980.960.830.84
0.940.890.940.840.961.00.820.510.950.60.510.930.330.990.950.580.910.990.930.920.950.950.850.650.66
0.980.890.960.970.970.870.960.630.980.870.630.970.490.930.980.540.930.940.970.960.970.940.960.840.85
0.990.940.960.960.990.930.940.530.990.790.531.00.470.961.00.60.970.970.980.940.990.990.960.810.82
0.970.840.970.960.950.811.00.670.970.930.670.970.520.890.970.50.930.910.980.920.960.940.960.910.92
1.00.960.970.990.950.950.940.561.00.780.560.990.430.981.00.60.960.990.980.960.990.990.950.790.8
0.921.00.870.930.810.950.780.430.930.550.430.910.310.980.930.590.90.980.90.90.930.940.830.610.62
0.960.820.960.941.00.940.780.690.950.940.690.960.480.870.950.450.890.890.970.920.950.920.960.910.92
0.620.510.630.530.670.560.430.690.60.711.00.570.340.570.60.180.510.570.690.640.590.50.520.680.69
1.00.950.980.990.971.00.930.950.60.820.61.00.460.971.00.570.960.980.990.961.00.980.960.820.83
0.830.60.870.790.930.780.550.940.710.820.710.830.530.690.810.340.760.710.850.790.80.750.870.920.92
0.620.510.630.530.670.560.430.691.00.60.710.570.340.570.60.180.510.570.690.640.590.50.520.680.69
1.00.930.971.00.970.990.910.960.571.00.830.570.490.961.00.580.970.970.990.940.990.990.960.840.85
0.460.330.490.470.520.430.310.480.340.460.530.340.490.40.460.490.610.410.480.30.450.490.40.610.61
0.970.990.930.960.890.980.980.870.570.970.690.570.960.40.970.580.941.00.960.940.970.960.880.730.74
1.00.950.981.00.971.00.930.950.61.00.810.61.00.460.970.580.960.980.990.961.00.990.960.830.84
0.570.580.540.60.50.60.590.450.180.570.340.180.580.490.580.580.70.580.570.540.540.590.560.30.31
0.960.910.930.970.930.960.90.890.510.960.760.510.970.610.940.960.70.950.950.880.960.980.90.80.81
0.980.990.940.970.910.990.980.890.570.980.710.570.970.411.00.980.580.950.970.950.980.970.90.750.76
1.00.930.970.980.980.980.90.970.690.990.850.690.990.480.960.990.570.950.970.960.990.970.940.860.86
0.960.920.960.940.920.960.90.920.640.960.790.640.940.30.940.960.540.880.950.960.950.910.950.720.73
1.00.950.970.990.960.990.930.950.591.00.80.590.990.450.971.00.540.960.980.990.950.990.950.820.83
0.980.950.940.990.940.990.940.920.50.980.750.50.990.490.960.990.590.980.970.970.910.990.920.810.82
0.960.850.960.960.960.950.830.960.520.960.870.520.960.40.880.960.560.90.90.940.950.950.920.80.8
0.830.650.840.810.910.790.610.910.680.820.920.680.840.610.730.830.30.80.750.860.720.820.810.81.0
0.840.660.850.820.920.80.620.920.690.830.920.690.850.610.740.840.310.810.760.860.730.830.820.81.0
Click cells to compare fundamentals

Heico Account Relationship Matchups

Heico fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.5B4.1B7.2B8.3B8.7B
Short Long Term Debt Total739.8M236.5M290.3M2.5B2.9B3.0B
Other Current Liab205.5M281.4M216.8M377.9M434.6M456.4M
Total Current Liabilities241.2M294.9M420.9M665.3M765.1M803.4M
Total Stockholder Equity2.0B2.3B2.6B3.1B3.6B3.8B
Property Plant And Equipment Net168.8M193.6M225.9M443.2M509.7M535.2M
Net Debt333.0M128.2M150.8M2.3B2.7B2.8B
Retained Earnings1.7B1.9B2.3B2.6B3.0B3.1B
Cash406.9M108.3M139.5M171.0M196.7M206.5M
Non Current Assets Total2.4B2.6B2.9B5.3B6.1B6.4B
Non Currrent Assets Other251.0M334.7M311.1M264.9M304.6M319.9M
Cash And Short Term Investments406.9M108.3M139.5M171.0M196.7M206.5M
Net Receivables270.9M325.0M388.8M620.8M713.9M749.6M
Common Stock Shares Outstanding137.3M137.9M138.0M138.9M159.7M121.7M
Liabilities And Stockholders Equity3.5B3.5B4.1B7.2B8.3B8.7B
Non Current Liabilities Total1.3B906.6M698.7M3.0B3.4B3.6B
Inventory463.2M478.1M582.5M1.0B1.2B1.2B
Other Current Assets24.7M26.0M41.9M49.8M57.3M60.2M
Other Stockholder Equity299.9M320.7M397.3M578.8M665.6M698.9M
Total Liab1.5B1.2B1.1B3.6B4.2B4.4B
Total Current Assets1.2B937.4M1.2B1.9B2.1B2.2B
Short Term Debt15.2M15.4M16.3M38.3M44.0M46.3M
Intangible Assets579.0M582.3M733.3M1.4B1.6B1.6B
Accounts Payable76.2M85.5M116.6M205.9M236.8M248.6M
Property Plant And Equipment Gross168.8M450.6M503.0M634.7M729.9M766.4M
Accumulated Other Comprehensive Income(9.1M)(8.6M)(46.5M)(40.2M)(36.2M)(34.4M)
Common Stock Total Equity1.3M1.4M1.4M1.4M1.6M1.6M
Common Stock1.4M1.4M1.4M1.4M1.6M1.7M
Other Liab291.8M419.0M333.1M406.7M467.7M491.1M
Other Assets193.9M334.7M311.1M264.9M304.6M319.9M
Long Term Debt738.8M235.0M288.6M2.5B2.8B3.0B
Property Plant Equipment168.8M193.6M225.9M443.2M509.7M535.2M
Current Deferred Revenue25.6M32.7M58.8M34.7M39.9M41.9M
Good Will1.4B1.5B1.7B3.3B3.8B4.0B
Noncontrolling Interest In Consolidated Entity28.1M30.4M33.9M42.2M38.0M47.8M
Retained Earnings Total Equity1.4B1.7B1.9B2.3B2.6B2.7B
Deferred Long Term Liab51.5M55.7M40.8M71.2M81.8M71.1M
Net Tangible Assets239.2M264.2M528.0M(1.5B)(1.3B)(1.3B)

Currently Active Assets on Macroaxis

When determining whether Heico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heico. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heico. If investors know Heico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.311
Dividend Share
0.21
Earnings Share
3.41
Revenue Per Share
27.329
Quarterly Revenue Growth
0.373
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heico's market value can be influenced by many factors that don't directly affect Heico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.