CAE (NYSE:CAE) & Heico (NYSE:HEI.A) Financial Analysis

Heico (NYSE:HEI.AGet Free Report) and CAE (NYSE:CAEGet Free Report) are both aerospace companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, dividends, risk, earnings and valuation.

Volatility and Risk

Heico has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500. Comparatively, CAE has a beta of 1.01, meaning that its stock price is 1% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations and price targets for Heico and CAE, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Heico 0 1 0 1 3.00
CAE 1 4 5 0 2.40

CAE has a consensus price target of $31.00, suggesting a potential upside of 20.02%. Given CAE’s higher possible upside, analysts plainly believe CAE is more favorable than Heico.

Earnings & Valuation

This table compares Heico and CAE”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Heico $4.49 billion 7.99 $690.39 million $5.60 45.84
CAE $4.91 billion 1.69 $226.62 million $0.71 36.38

Heico has higher earnings, but lower revenue than CAE. CAE is trading at a lower price-to-earnings ratio than Heico, indicating that it is currently the more affordable of the two stocks.

Dividends

Heico pays an annual dividend of $0.26 per share and has a dividend yield of 0.1%. CAE pays an annual dividend of $0.33 per share and has a dividend yield of 1.3%. Heico pays out 4.6% of its earnings in the form of a dividend. CAE pays out 46.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Insider and Institutional Ownership

59.0% of Heico shares are held by institutional investors. Comparatively, 67.4% of CAE shares are held by institutional investors. 9.8% of Heico shares are held by company insiders. Comparatively, 18.3% of CAE shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Heico and CAE’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Heico 16.08% 17.52% 8.86%
CAE 6.36% 7.45% 3.51%

Summary

Heico beats CAE on 11 of the 17 factors compared between the two stocks.

About Heico

(Get Free Report)

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. 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. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio interference shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was founded in 1957 and is headquartered in Hollywood, Florida.

About CAE

(Get Free Report)

CAE Inc., together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and Rest of the Americas. It operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as aircraft flight operations solutions. The Defense and Security segment operates as a training and simulation provider that delivers platform-independent solutions to enable and enhance force readiness and security for defense forces, original equipment manufacturers (OEMs), government agencies, and public safety organizations. The company was formerly known as CAE Industries Ltd. and changed its name to CAE Inc. in 1993. CAE Inc. was incorporated in 1947 and is headquartered in Saint-Laurent, Canada.

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