Is Hawaiian Electric Industries Inc (HE) overvalued? · P/E 18, rev $799.2M
Hawaiian Electric Industries Inc (HE) is a utilities - regulated electric company listed on NYSE.
This page asks whether Hawaiian Electric Industries Inc (HE) looks expensive on cached numbers — not a short thesis.
Latest reported HE revenue for 2024-12-31 was $799.2M. Net income was -$1.42B. Revenue was down 4.1% from 2024-09-30 to 2024-12-31. HE currently screens at market cap $2.26B and trailing P/E 17.7.
HE currently screens at market cap $2.26B and trailing P/E 17.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next HE 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the HE stock page for the full model, not this heading.
Not investment advice.