Hawaiian Electric Price To Sales vs. Revenue

HE Stock  USD 10.23  0.05  0.49%   
Based on the measurements of profitability obtained from Hawaiian Electric's financial statements, Hawaiian Electric Industries is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Hawaiian Electric's ability to earn profits and add value for shareholders.

Hawaiian Electric Price To Sales Ratio

0.77

At present, Hawaiian Electric's EV To Sales is projected to increase slightly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 0.77, whereas Sales General And Administrative To Revenue is projected to grow to (0). At present, Hawaiian Electric's Non Operating Income Net Other is projected to increase significantly based on the last few years of reporting.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.190.0958
Way Up
Slightly volatile
Net Profit Margin0.04530.0546
Significantly Down
Pretty Stable
Operating Profit Margin0.120.0958
Significantly Up
Pretty Stable
Pretax Profit Margin0.09660.0667
Way Up
Very volatile
Return On Assets0.0110.0117
Notably Down
Slightly volatile
Return On Equity0.10.0858
Fairly Up
Very volatile
For Hawaiian Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hawaiian Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hawaiian Electric Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hawaiian Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hawaiian Electric Industries over time as well as its relative position and ranking within its peers.
  

Hawaiian Electric's Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
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.
Quarterly Earnings Growth
(0.24)
Earnings Share
(11.72)
Revenue Per Share
33.159
Quarterly Revenue Growth
0.04
Return On Assets
(0.12)
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.

Hawaiian Electric Revenue vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Hawaiian Electric's current stock value. Our valuation model uses many indicators to compare Hawaiian Electric value to that of its competitors to determine the firm's financial worth.
Hawaiian Electric Industries is rated below average in price to sales category among its peers. It is rated below average in revenue category among its peers totaling about  7,700,054,371  of Revenue per Price To Sales. At present, Hawaiian Electric's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hawaiian Electric by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Hawaiian Revenue vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Hawaiian Electric

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.48 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Hawaiian Electric

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
3.68 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Hawaiian Revenue vs Competition

Hawaiian Electric Industries is rated below average in revenue category among its peers. Market size based on revenue of Utilities industry is currently estimated at about 114.19 Billion. Hawaiian Electric holds roughly 3.68 Billion in revenue claiming about 3% of Utilities industry.

Hawaiian Electric Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Hawaiian Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hawaiian Electric will eventually generate negative long term returns. The profitability progress is the general direction of Hawaiian Electric's change in net profit over the period of time. It can combine multiple indicators of Hawaiian Electric, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-289.4 M-303.8 M
Operating Income352.6 M313 M
Net Income201.1 M150.2 M
Income Tax Expense44.6 M44.2 M
Income Before Tax245.7 M221.6 M
Total Other Income Expense Net-106.9 M-101.6 M
Net Income Applicable To Common Shares277.3 M162.1 M
Net Income From Continuing Ops209.7 M228.1 M
Non Operating Income Net Other11 M11.1 M
Interest Income9.1 M8.6 M
Net Interest Income-113.9 M-119.6 M
Change To Netincome-34.1 M-32.4 M
Net Income Per Share 1.83  1.12 
Income Quality 2.74  2.61 
Net Income Per E B T 0.82  0.53 

Hawaiian Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Hawaiian Electric. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hawaiian Electric position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hawaiian Electric's important profitability drivers and their relationship over time.

Use Hawaiian Electric in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hawaiian Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hawaiian Electric will appreciate offsetting losses from the drop in the long position's value.

Hawaiian Electric Pair Trading

Hawaiian Electric Industries Pair Trading Analysis

The ability to find closely correlated positions to Hawaiian Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hawaiian Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hawaiian Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hawaiian Electric Industries to buy it.
The correlation of Hawaiian Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hawaiian Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hawaiian Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hawaiian Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Hawaiian Electric position

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Check out Risk vs Return Analysis.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
To fully project Hawaiian Electric's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hawaiian Electric at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hawaiian Electric's income statement, its balance sheet, and the statement of cash flows.
Potential Hawaiian Electric investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Hawaiian Electric investors may work on each financial statement separately, they are all related. The changes in Hawaiian Electric's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hawaiian Electric's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.