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Financial distress

Hawaiian Electric Industries

NYQ:HE · US4198701009
Electric UtilitiesLarge

360

30
EV / EBIT53
Price / Owner Earnings9
Owner Earnings Yield53
Dividend Yield1
Price/Sales100
EV / Gross Profit48
Price/Book64
Return on Capital22
Cash Return on Capital58
Return on Equity30
EBIT Margin23
Gross Profitability19
Cash Conversion86
Accruals74
Owner Earnings Margin58
Sales growth9
Profit Growth40
Long-Term EPS Growth33
Reinvestment93
Price momentum62
Debt load32
Refinancing89
Debt Payback8
Liquidity62
Analyst ratings1
Opinion Changes50
Price Target Upside28
Market mood43
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hawaiian Electric Industries clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryElectric Utilities
SizeLarge
TypePublic Company
ExchangeNYSE
Founded1981
Employees43
Websitehei.com
ISINUS4198701009
Last UpdateApr 2, 2026
Index & Theme
CleanTechClean EnergyOnshore and Offshore WindPower GridUtility Scale SolarBiomass EnergyBiofuelConsumer ElectronicsElectrical DistributionElectronics

Description

Hawaiian Electric Industries, Inc. (HEI) is a holding company with its subsidiaries principally engaged in electric utility, banking, and non-regulated renewable/sustainable infrastructure businesses operating in the state of Hawaii. Electric utilit…

Analysis

Middle-of-the-road

Hawaiian Electric Industries, Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 34.1× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone.

The trajectory is moderate and the balance sheet is stretched. The company scores 12/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
59
2023202420252026

All-time high

88

Mar 2026

All-time low

53

Jan 2025

Average rank

67

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
100
100
100
92
Price/Earnings
55
93
100
43
Price/Book
64
92
100
50
Dividend Yield
1
1
4
45
Value (overall)
48
79
86
61

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →