Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility business in the United States. It operates through Electric Utility and Other segments. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai. This segment’s renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
Wildfire Aftermath | Hawaiian Electric navigates legal and financial challenges following devastating wildfires, restructuring settlements and seeking legislative protection |
Strategic Realignment | Explore HE's capital investment plans, focusing on wildfire safety measures and the strategic sale of non-core assets to strengthen its financial position |
Financial Outlook | Analysts project EPS of $0.99 for 2025, with estimates for 2026-2027 at $1.00 and $1.05, reflecting a relatively flat growth profile amid regulatory challenges |
Future Prospects | Delve into HE's potential in Hawaii's clean energy transition, balanced against ongoing wildfire risks and the critical need for favorable legislation |
Metrics to compare | HE | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipHEPeersSector | |
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P/E Ratio | −47.9x | 19.9x | 12.0x | |
PEG Ratio | −0.52 | 0.62 | 0.02 | |
Price/Book | 1.3x | 2.3x | 1.3x | |
Price / LTM Sales | 0.6x | 4.0x | 1.5x | |
Upside (Analyst Target) | −5.0% | 6.3% | 12.5% | |
Fair Value Upside | Unlock | −18.6% | 3.6% | Unlock |