Head-To-Head Survey: Hawaiian Electric Industries (HE) & Its Peers

Hawaiian Electric Industries (NYSE:HE) is one of 105 publicly-traded companies in the “Electric Utilities” industry, but how does it contrast to its rivals? We will compare Hawaiian Electric Industries to related businesses based on the strength of its profitability, risk, dividends, institutional ownership, analyst recommendations, earnings and valuation.

Earnings and Valuation

This table compares Hawaiian Electric Industries and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hawaiian Electric Industries	$3.09 billion	$126.28 million	6.46
Hawaiian Electric Industries Competitors	$14.11 billion	$1.54 billion	20.02

Hawaiian Electric Industries’ rivals have higher revenue and earnings than Hawaiian Electric Industries. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Hawaiian Electric Industries and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hawaiian Electric Industries	6.89%	7.90%	1.48%
Hawaiian Electric Industries Competitors	14.13%	9.68%	3.20%

Insider & Institutional Ownership

59.9% of Hawaiian Electric Industries shares are owned by institutional investors. Comparatively, 60.0% of shares of all “Electric Utilities” companies are owned by institutional investors. 0.2% of Hawaiian Electric Industries shares are owned by insiders. Comparatively, 6.2% of shares of all “Electric Utilities” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

Hawaiian Electric Industries has a beta of 0.5, indicating that its share price is 50% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries’ rivals have a beta of -2.25, indicating that their average share price is 325% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Hawaiian Electric Industries and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hawaiian Electric Industries	3	2	0	0	1.40
Hawaiian Electric Industries Competitors	1429	6547	5525	145	2.32

Hawaiian Electric Industries currently has a consensus target price of $7.67, suggesting a potential downside of 8.76%. As a group, “Electric Utilities” companies have a potential upside of 5.54%. Given Hawaiian Electric Industries’ rivals stronger consensus rating and higher probable upside, analysts clearly believe Hawaiian Electric Industries has less favorable growth aspects than its rivals.

Summary

Hawaiian Electric Industries rivals beat Hawaiian Electric Industries on 12 of the 13 factors compared.

About Hawaiian Electric Industries

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.