Hawaiian Competitors

HE Stock

USD 10.90 0.27 2.42%

Hawaiian Electric competes with DTE Energy, Alliant Energy, Ameren Corp, CenterPoint Energy, and Pinnacle West; as well as few others. The company is active under Electric Utilities sector as part of Utilities industry. Analyzing Hawaiian Electric competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Hawaiian Electric to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Hawaiian Electric Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Hawaiian Electric competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hawaiian Electric's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
7.91	10.99	14.07

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Intrinsic

Valuation

Low	Real	High
7.90	10.98	14.06

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Hawaiian Electric Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hawaiian Electric and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Hawaiian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hawaiian Electric does not affect the price movement of the other competitor.

	DTE	LNT	AEE	CNP	PNW	CMS	MGEE	EVRG	POR	PNM
DTE		0.92	0.85	0.92	0.85	0.97	0.09	0.89	0.46	0.0	DTE
LNT	0.92		0.85	0.87	0.95	0.95	0.15	0.89	0.6	0.0	LNT
AEE	0.85	0.85		0.88	0.84	0.85	-0.22	0.97	0.12	0.0	AEE
CNP	0.92	0.87	0.88		0.81	0.9	0.01	0.88	0.33	0.0	CNP
PNW	0.85	0.95	0.84	0.81		0.88	0.01	0.88	0.57	0.0	PNW
CMS	0.97	0.95	0.85	0.9	0.88		0.12	0.88	0.53	0.0	CMS
MGEE	0.09	0.15	-0.22	0.01	0.01	0.12		-0.16	0.59	0.0	MGEE
EVRG	0.89	0.89	0.97	0.88	0.88	0.88	-0.16		0.24	0.0	EVRG
POR	0.46	0.6	0.12	0.33	0.57	0.53	0.59	0.24		0.0	POR
PNM	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		PNM
	DTE	LNT	AEE	CNP	PNW	CMS	MGEE	EVRG	POR	PNM

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High positive correlations

CMS	+ 0.97	DTE
EVRG	+ 0.97	AEE
PNW	+ 0.95	LNT
CMS	+ 0.95	LNT
LNT	+ 0.92	DTE
CNP	+ 0.92	DTE

High negative correlations

MGEE	- 0.22	AEE
EVRG	- 0.16	MGEE
PNM	- 0.0	POR
PNM	- 0.0	EVRG
PNM	- 0.0	MGEE
PNM	- 0.0	CMS

Risk-Adjusted Indicators

There is a big difference between Hawaiian Stock performing well and Hawaiian Electric Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hawaiian Electric's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DTE	0.80	0.18	0.20	0.40	1.15	(0.75)	1.75	(2.44)	5.35
LNT	0.86	0.07	0.13	0.10	1.23	(0.87)	1.93	(2.39)	5.88
AEE	0.91	0.17	0.20	0.26	1.07	(0.97)	2.08	(1.98)	6.55
CNP	0.86	0.18	0.26	0.31	0.82	(0.93)	2.44	(1.74)	5.48
PNW	0.89	0.07	0.12	0.00	1.18	(0.87)	1.77	(2.21)	4.93
CMS	0.84	0.13	0.18	0.59	1.17	(0.77)	1.80	(1.82)	4.73
MGEE	1.20	(0.03)	0.00	(0.25)	0.00	0.00	2.36	(3.22)	9.22
EVRG	0.71	0.12	0.22	0.34	0.93	(0.71)	1.28	(1.66)	4.65
POR	0.93	(0.01)	0.00	(0.17)	0.00	0.00	1.70	(1.86)	5.50
PNM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Unable to evaluate fundamental data of [DTE, LNT, AEE, CNP, PNW, CMS, MGEE, EVRG, POR, PNM, OGE, ETR, ETI-P, EBR, IDA] at this time. Please try again later

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Hawaiian Electric Competitive Analysis

The better you understand Hawaiian Electric competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hawaiian Electric's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hawaiian Electric's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	HE	DTE	LNT	AEE	CNP	PNW	CMS	MGEE	EVRG	POR
	2.42 10.90 Hawaiian	1.03 132.71 DTE	0.08 62.23 Alliant	0.52 97.96 Ameren	0.17 34.61 CenterPoint	0.65 91.82 Pinnacle	0.98 71.88 CMS	0.91 91.77 MGE	0.47 66.61 Evergy,	1.70 44.31 Portland
Market Volatility (90 Days Market Risk)	Somewhat reliable	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	OK	Modest	Good	OK	OK	OK	Very Weak	Good	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Below Average	Very Low	Low	Low	Below Average	Low	Very Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Fairly Valued	Under Valued	Fairly Valued	Over Valued	Under Valued	Over Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Buy	Buy	Buy	Buy	Buy	Buy	Not Available	Strong Buy	Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Buy	Strong Hold	Strong Buy	Strong Buy	Strong Hold	Strong Buy	Strong Hold	Strong Buy	Strong Hold
Current Ratio	9.61	0.79	0.7	0.79	0.88	0.98	2.03	1.03	0.52	0.76
Net Asset	2.36 B	48.85 B	22.71 B	19.23 B	43.77 B	26.1 B	35.92 B	2.83 B	32.28 B	12.54 B
Profit Margin	-0.44	0.11	0.17	0.16	0.12	0.12	0.13	0.18	0.15	0.091
EBITDA	(1.39 B)	4.05 B	1.8 B	3.52 B	3.49 B	2.06 B	3.07 B	272.68 M	2.64 B	1.06 B
Operating Margin	0.0683	0.17	-0.31	0.15	0.22	0.0884	0.23	0.2	0.17	0.11
Current Valuation	4.49 B	50.44 B	26.3 B	45.02 B	42.93 B	21.91 B	37.96 B	4.09 B	29.3 B	9.59 B
Price To Book	1.27	2.33	2.28	2.17	2.11	1.61	2.66	2.7	1.53	1.26
Retained Earnings	(788.92 M)	4.95 B	3.95 B	4.27 B	1.57 B	3.67 B	2.39 B	764.13 M	1.81 B	1.68 B
Current Asset	553.92 M	2.76 B	826.8 M	1.92 B	2.36 B	860.37 M	3 B	199.58 M	1.08 B	557 M
Five Year Return	3.33	3.19	2.89	2.64	3.6	3.85	2.71	2.03	3.24	3.22
Beta	0.46	0.6	0.54	0.49	0.9	0.53	0.35	0.72	0.6	0.57
Number Of Employees	2.59 K	9.5 K	3 K	8.98 K	8.87 K	6.4 K	8.32 K	717	4.73 K	2.92 K
Shares Outstanding	172.47 M	207.24 M	256.69 M	269.91 M	652.73 M	119.1 M	298.8 M	36.51 M	230.01 M	109.5 M
Cash Flow From Operations	465.73 M	2.82 B	1.17 B	2.76 B	2.14 B	1.61 B	2.37 B	277.78 M	1.04 B	778 M
Annual Yield	N/A	0.0329	0.0326	0.0291	0.0255	0.0392	0.0305	0.0194	0.0403	0.0459
Total Debt	49.96 M	2.57 B	10.41 B	300 M	564 M	1.85 B	11.34 B	768.98 M	508.7 M	473 M
Return On Equity	-0.68	0.12	0.1	0.1	0.1	0.0953	0.11	0.1	0.0901	0.088
Return On Asset	0.0099	0.0283	0.0265	0.0266	0.0296	0.0261	0.0298	0.0354	0.0287	0.0274
Number Of Shares Shorted	15.49 M	3.82 M	8.46 M	4.75 M	25.32 M	3.5 M	8.99 M	1.13 M	9.73 M	3.76 M
Book Value Per Share	8.58	56.47	27.29	44.88	16.37	56.71	26.8	33.71	43.29	34.7
Current Liabilities	5.29 B	3.19 B	1.36 B	2.09 B	2.54 B	1.23 B	1.75 B	83.89 M	1.5 B	626 M
Total Asset	2.36 B	48.85 B	22.71 B	19.23 B	43.77 B	26.1 B	35.92 B	2.83 B	32.28 B	12.54 B
Debt To Equity	1.27	2.22	1.37	1.45	1.56	1.35	1.83	0.63	1.21	1.32
Short Ratio	4.61	3.11	4.48	2.44	5.82	3.73	3.74	6.84	4.58	3.29
Target Price	11.45	139.07	63.65	99.82	33.81	93.82	72.27	79.0	69.66	49.01
Last Dividend Paid	0.36	4.15	1.92	2.68	0.81	3.54	2.06	1.76	2.6	1.98
Shares Owned By Institutions	72.77	77.98	8.0	82.73	97.84	95.95	96.96	63.76	89.76	99.48
Market Capitalization	1.88 B	27.5 B	15.97 B	26.44 B	22.59 B	10.94 B	21.48 B	3.32 B	15.32 B	4.85 B
Price To Earning	22.25	19.93	20.97	22.26	21.71	16.12	20.03	24.9	17.05	25.47
Price To Earnings To Growth	6.32	3.22	1.98	2.46	2.32	3.2	2.57	N/A	1.79	1.82
Price To Sales	0.58	2.21	4.01	3.61	2.61	2.13	2.86	5.03	2.62	1.41
Net Income	(1.22 B)	1.07 B	690 M	1.19 B	1.02 B	659.15 M	947 M	120.57 M	565 M	313 M
Earnings Per Share	-10.42	6.77	2.69	4.42	1.58	5.24	3.33	3.33	3.79	3.01
Shares Owned By Insiders	0.19	0.35	0.24	0.28	0.42	0.25	0.45	0.29	0.21	0.52
Revenue	3.22 B	12.46 B	3.98 B	7.62 B	8.64 B	5.12 B	7.51 B	676.94 M	5.85 B	3.44 B
Working Capital	809.74 M	(1.5 B)	(1.53 B)	(1.15 B)	336 M	(1.15 B)	(731 M)	101.7 M	(1.82 B)	(94 M)
Cash And Equivalents	199.88 M	33 M	344 M	10 M	74 M	4.83 M	164 M	10.62 M	24.7 M	165 M
Cash Per Share	1.46	0.13	1.37	0.03	0.95	0.06	0.58	0.29	0.11	0.2
Gross Profit	577.62 M	4.34 B	1.84 B	3.65 B	3.99 B	2.14 B	3.21 B	279.27 M	3.03 B	1.59 B
Day Typical Price	10.94	132.22	62.34	97.96	34.62	91.78	71.66	91.77	66.57	44.15
Accumulation Distribution	0.0429	0.0156	0.0165	0.0123	0.0138	0.0131	0.0136	0.0157	0.0158	0.0164
Market Facilitation Index	0.48	2.08	1.04	1.21	0.48	1.21	0.98	1.45	1.06	0.73
Daily Balance Of Power	(0.56)	0.649	0.0481	0.4215	0.125	0.4876	0.7143	0.5724	0.2925	1.013699
Period Momentum Indicator	(0.27)	1.35	0.05	0.51	0.06	0.59	0.7	0.83	0.31	0.74
Rate Of Daily Change	0.98	1.01	1.0	1.01	1.0	1.01	1.01	1.01	1.0	1.02
Day Median Price	10.96	131.97	62.4	97.96	34.62	91.77	71.55	91.78	66.55	44.08
Price Action Indicator	(0.19)	1.42	(0.15)	0.26	0.02	0.35	0.68	0.41	0.22	0.61
Coefficient Of Variation	1962.97	776.67	3182.28	1014.86	837.39	9756.06	950.22	(2,747)	959.14	(2,737)
Mean Deviation	2.1	0.7998	0.8566	0.9111	0.8578	0.8873	0.841	1.2	0.7061	0.9324
Jensen Alpha	0.3263	0.1793	0.0662	0.17	0.1827	0.0663	0.1312	(0.03)	0.1227	(0.01)
Total Risk Alpha	0.6655	0.318	0.2239	0.3148	0.3171	0.1905	0.291	0.2081	0.2422	0.1576
Sortino Ratio	0.1119	0.2001	0.1337	0.2043	0.2562	0.1191	0.1835	N/A	0.2171	N/A
Downside Variance	6.68	1.88	1.6	1.52	1.09	1.46	1.83	N/A	1.11	N/A
Standard Deviation	3.08	1.1	1.17	1.22	1.14	1.12	1.1	1.65	0.9247	1.27
Kurtosis	2.39	1.27	0.7235	0.8645	0.1559	(0.27)	0.0477	4.07	0.6671	2.58
Potential Upside	7.53	1.75	1.93	2.08	2.44	1.77	1.8	2.36	1.28	1.7
Treynor Ratio	0.1164	0.3976	0.0967	0.2599	0.3133	0.0033	0.59	(0.25)	0.3391	(0.17)
Maximum Drawdown	12.61	5.35	5.88	6.55	5.48	4.93	4.73	9.22	4.65	5.5
Variance	9.48	1.22	1.37	1.48	1.29	1.26	1.21	2.73	0.855	1.61
Market Risk Adjusted Performance	0.1264	0.4076	0.1067	0.2699	0.3233	0.0133	0.6	(0.24)	0.3491	(0.16)
Risk Adjusted Performance	0.0503	0.111	0.0293	0.0862	0.1034	0.0111	0.0912	(0.03)	0.0889	(0.03)
Skewness	0.7421	(0.61)	(0.45)	(0.35)	0.3124	(0.27)	(0.56)	(1.25)	(0.66)	(0.72)
Semi Deviation	2.36	1.15	1.23	1.07	0.8172	1.18	1.17	N/A	0.9284	N/A
Information Ratio	0.0939	0.2486	0.1445	0.2073	0.2358	0.1282	0.2255	0.0437	0.2473	0.0676
Value At Risk	(4.61)	(2.44)	(2.39)	(1.98)	(1.74)	(2.21)	(1.82)	(3.22)	(1.66)	(1.86)
Expected Short fall	(2.63)	(0.75)	(0.87)	(0.97)	(0.93)	(0.87)	(0.77)	N/A	(0.71)	N/A
Downside Deviation	2.58	1.37	1.26	1.23	1.05	1.21	1.35	N/A	1.05	N/A
Semi Variance	5.56	1.32	1.51	1.14	0.6678	1.4	1.37	N/A	0.8619	N/A

Hawaiian Electric Competition Performance Charts

Five steps to successful analysis of Hawaiian Electric Competition

Hawaiian Electric's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hawaiian Electric in relation to its competition. Hawaiian Electric's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Hawaiian Electric in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hawaiian Electric's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hawaiian Electric, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Hawaiian Competitors

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Hawaiian Electric Competition Correlation Matrix

Risk-Adjusted Indicators

Hawaiian Electric Competitive Analysis

Hawaiian Electric Competition Performance Charts

Five steps to successful analysis of Hawaiian Electric Competition

Complement your Hawaiian Electric position

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