Hawaiian Electric Industries, Inc. (HE): Price and Financial Metrics

HE POWR Grades

• Stability is the dimension where HE ranks best; there it ranks ahead of 92.35% of US stocks.
• The strongest trend for HE is in Growth, which has been heading up over the past 51 weeks.
• HE ranks lowest in Momentum; there it ranks in the 15th percentile.

HE Stock Summary

• Hawaiian Electric Industries Inc's stock had its IPO on November 5, 1987, making it an older stock than 90.46% of US equities in our set.
• Of note is the ratio of Hawaiian Electric Industries Inc's sales and general administrative expense to its total operating expenses; just 0.4% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for Hawaiian Electric Industries Inc is higher than it is for about 99.15% of US stocks.
• Stocks that are quantitatively similar to HE, based on their financial statements, market capitalization, and price volatility, are LNC, MPW, PNNT, PSEC, and SCM.
• HE's SEC filings can be seen here. And to visit Hawaiian Electric Industries Inc's official web site, go to www.hei.com.

HE Valuation Summary

• HE's EV/EBIT ratio is 18.2; this is 19.82% lower than that of the median Utilities stock.
• Over the past 243 months, HE's price/sales ratio has gone up 0.9.
• Over the past 243 months, HE's price/sales ratio has gone up 0.9.

Below are key valuation metrics over time for HE.

HE Growth Metrics

• Its 2 year net income to common stockholders growth rate is now at 20%.
• Its 3 year net income to common stockholders growth rate is now at 29.22%.
• Its 4 year cash and equivalents growth rate is now at -29.37%.

HE's revenue has moved down $244,002,000 over the prior 30 months.

The table below shows HE's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	2,616.847	349.611	243.747
2021-03-31	2,545.535	409.844	228.762
2020-12-31	2,579.775	429.407	197.824
2020-09-30	2,653.524	483.31	213.602
2020-06-30	2,783.632	576.447	211.989
2020-03-31	2,890.172	496.594	205.614

HE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• HE has a Quality Grade of D, ranking ahead of 21.94% of graded US stocks.
• HE's asset turnover comes in at 0.173 -- ranking 76th of 105 Utilities stocks.
• AROC, VIA, and AWR are the stocks whose asset turnover ratios are most correlated with HE.

The table below shows HE's key quality metrics over time.