Stock AnalizHawaiian Electric Industries Inc. HE
Electric Utilities: Central · data as of November 13, 2026
Hawaiian Electric Industries Inc. (HE) is a utility company listed in the US with a market value of about $1.5B. In the twelve months to September 30, 2026 it had revenue of $3.5B and net income of $230M, a net margin of 6.6%.
Its overall Stock Analiz score is 0.8 out of 5 (weak). The strongest part is value (2/5); the weakest is track record (0/5).
Key numbers: a P/E of 6.5, 5-year revenue growth of 4% a year, a 5-year average ROIC of -2%.
Score: 0.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Profit margin improving
- Stock-based pay below 5% of revenue
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B | $3.1B | $3.2B | $3.3B | $3.4B | $2.9B | $2.6B | $2.9B | $2.9B | $2.6B | $2.4B |
| Net income | $230M | $126M | -$1.4B | $201M | $243M | $248M | $200M | $218M | $202M | $165M | $248M |
| Free cash flow | -$610M | $50M | $143M | $109M | $115M | $61M | $46M | $55M | -$38M | -$75M | $166M |
| EPS (diluted) | $1.32 | $0.71 | $-11.23 | $1.81 | $2.20 | $2.25 | $1.81 | $1.99 | $1.85 | $1.52 | $2.29 |
| Net margin | 6.6% | 4.1% | -44.2% | 6.1% | 7.1% | 8.7% | 7.7% | 7.6% | 7.0% | 6.5% | 10.4% |
| ROIC | — | 4.5% | -29.7% | 4.2% | 4.8% | 6.3% | 5.6% | 6.3% | 6.6% | 5.5% | 6.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 4 analysts is $8.62, 0% above the current price; targets range from $6.50 to $12.00; the consensus rating is “Underperform”; expected EPS is $0.86 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Hawaiian Electric Industries’s P/E ratio?
About 6.5, based on the last twelve months of diluted earnings per share (forward P/E about 8.0).
Does Hawaiian Electric Industries pay a dividend?
Not currently.
Is Hawaiian Electric Industries a good stock to buy?
We do not give buy or sell advice. Hawaiian Electric Industries scores 0.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.