Intrinsic value of Hawaiian Electric Industries, Inc. (HE)

[per Chepakovich valuation model]

other valuations of HE

[per Chepakovich valuation model]  See other valuations of HE stock

Previous Close$43.19
Intrinsic Value
Upside potential
Previous Close
$43.19

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2021-03-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-10.2NaN
Revenue, $2580NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m2268NaN
Operating income, $m311NaN
EBITDA, $m602NaN
Interest expense (income), $mNaN
Earnings before tax, $m239NaN
Tax expense, $m41NaN
Net income, $m198NaN

BALANCE SHEET

Cash and short-term investments, $m359NaN
Total assets, $m15004NaN
Adjusted assets (=assets-cash), $m14645NaN
Average production assets, $m5270NaN
Working capital, $m-7143NaN
Total debt, $m2338NaN
Total liabilities, $m12667NaN
Total equity, $m2338NaN
Debt-to-equity ratio1.000NaN
Adjusted equity ratio0.150NaN

CASH FLOW

Net income, $m198NaN
Depreciation, amort., depletion, $m291NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m429NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-384NaN
Free cash flow, $m813NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-7143
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN