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Hawaiian Electric Industries Inc (HE)

Electric Services

Latest Price
$8.70
TTM P/E
6.69
Normalized P/E
--
TTM Div Yield
--
Fwd Div Yield
--
Book Value
10.21
P/B Ratio
0.85

Valuation metrics

adjust assumptions →
EPS: $0.71
Book value / share: $9.30
Formula: √(22.5 × EPS × BVPS)
Graham Number
$12.19
+48% upside
Norm. op. income: $349M (median of 7yr)
Tax rate: 20%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$5.92
28% downside
Base FCF: $103M (median of recent 5yr)
Growth: 9%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$3.60
56% downside
EPS: $0.71
Target P/E: 6×
Formula: EPS × P/E
P/E Fair Value
$4.26
48% downside

Institutional Ownership

84.4% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.26.48M$358.0M15.33%+736.1K2026-06-30
Horizon Kinetics Asset Management LLC22.40M$303.0M12.97%+760.1K2026-06-30
Vanguard Portfolio Management LLC10.37M$140.0M6.01%+113.3K2026-06-30
Vanguard Capital Management LLC7.48M$101.0M4.33%+24.7K2026-06-30
State Street Corp7.18M$97.0M4.16%+364.6K2026-06-30
T. Rowe Price Investment Management, Inc.6.20M$83.0M3.59%-11.5K2026-06-30
Geode Capital Management, LLC4.34M$58.0M2.51%+248.2K2026-06-30
Quantinno Capital Management LP3.98M$53.0M2.30%+467.4K2026-06-30
Sixth Street Partners Management Company, L.P.3.09M$41.0M1.79%--2026-06-30
Charles Schwab Investment Management Inc3.09M$41.0M1.79%-257.3K2026-06-30
View all institutional holders →