Reviewing Hawaiian Electric Industries (HE) & The Competition

Hawaiian Electric Industries (NYSE:HE) is one of 105 publicly-traded companies in the “Electric Utilities” industry, but how does it weigh in compared to its competitors? We will compare Hawaiian Electric Industries to related companies based on the strength of its profitability, risk, dividends, valuation, earnings, analyst recommendations and institutional ownership.

Institutional and Insider Ownership

59.9% of Hawaiian Electric Industries shares are owned by institutional investors. Comparatively, 60.0% of shares of all “Electric Utilities” companies are owned by institutional investors. 0.2% of Hawaiian Electric Industries shares are owned by company insiders. Comparatively, 6.2% of shares of all “Electric Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Hawaiian Electric Industries and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hawaiian Electric Industries	$3.09 billion	$126.28 million	6.70
Hawaiian Electric Industries Competitors	$14.22 billion	$1.54 billion	20.27

Hawaiian Electric Industries’ competitors have higher revenue and earnings than Hawaiian Electric Industries. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

Hawaiian Electric Industries has a beta of 0.49, meaning that its stock price is 51% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries’ competitors have a beta of -2.21, meaning that their average stock price is 321% less volatile than the S&P 500.

Profitability

This table compares Hawaiian Electric Industries and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hawaiian Electric Industries	6.89%	7.90%	1.48%
Hawaiian Electric Industries Competitors	14.09%	9.63%	3.18%

Analyst Recommendations

This is a summary of recent ratings and price targets for Hawaiian Electric Industries and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hawaiian Electric Industries	3	2	0	0	1.40
Hawaiian Electric Industries Competitors	1426	6532	5509	145	2.32

Hawaiian Electric Industries presently has a consensus target price of $7.67, suggesting a potential downside of 11.98%. As a group, “Electric Utilities” companies have a potential upside of 5.16%. Given Hawaiian Electric Industries’ competitors stronger consensus rating and higher probable upside, analysts plainly believe Hawaiian Electric Industries has less favorable growth aspects than its competitors.

Summary

Hawaiian Electric Industries competitors beat Hawaiian Electric Industries on 12 of the 13 factors compared.

About Hawaiian Electric Industries

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its 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 Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. 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.