HEICO CORP (HEI)

Aircraft Engines & Engine Parts

Latest Price

$316.00

TTM P/E

52.67

Normalized P/E

81.70

Div Yield

0.08%

Book Value

35.46

P/B Ratio

8.91

Valuation metrics

EPS: $4.90

Book value / share: $79.44

Formula: √(22.5 × EPS × BVPS)

Graham Number

$93.59

70% downside

Norm. op. income: $497M (median of 7yr)

Tax rate: 17%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$39.72

87% downside

Base FCF: $436M (median of recent 5yr)

Growth: 6%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$114.42

64% downside

EPS: $4.90

Target P/E: 82×

Formula: EPS × P/E

P/E Fair Value

$401.80

+27% upside

77.8% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	3.93M	$1.40B	7.12%	-187.8K	2026-06-30
PRICE T ROWE ASSOCIATES INC /MD/	3.20M	$1.14B	5.80%	+2.86M	2026-06-30
Capital International Investors	2.89M	$1.03B	5.23%	+226.1K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	2.24M	$798.0M	4.06%	+5.5K	2026-06-30
STATE STREET CORP	1.68M	$597.0M	3.04%	-61.7K	2026-06-30
Capital World Investors	1.67M	$594.0M	3.03%	-695.8K	2026-06-30
FMR LLC	1.45M	$515.0M	2.62%	-76.7K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	1.39M	$494.0M	2.52%	+56.2K	2026-06-30
UBS Group AG	1.37M	$487.0M	2.48%	+470.8K	2026-06-30
MORGAN STANLEY	1.19M	$422.0M	2.15%	+161.9K	2026-06-30