Contrasting Hawaiian Electric Industries (HE) and Its Rivals

Hawaiian Electric Industries (NYSE:HE) is one of 105 public 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 analyst recommendations, profitability, valuation, risk, institutional ownership, earnings and dividends.

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	14.17%	9.68%	3.20%

Analyst Ratings

This is a summary of current ratings and recommmendations for Hawaiian Electric Industries and its competitors, as reported 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	1429	6557	5533	145	2.32

Hawaiian Electric Industries currently has a consensus price target of $7.67, indicating a potential downside of 7.15%. As a group, “Electric Utilities” companies have a potential upside of 5.75%. Given Hawaiian Electric Industries’ competitors stronger consensus rating and higher possible upside, analysts plainly believe Hawaiian Electric Industries has less favorable growth aspects than its competitors.

Risk and Volatility

Hawaiian Electric Industries has a beta of 0.5, suggesting that its share price is 50% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries’ competitors have a beta of -2.25, suggesting that their average share price is 325% less volatile than the S&P 500.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Hawaiian Electric Industries	$3.28 billion	$126.28 million	6.35
Hawaiian Electric Industries Competitors	$62.93 billion	$1.54 billion	20.05

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.

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, hedge funds and large money managers believe a company will outperform the market over the long term.

Dividends

Hawaiian Electric Industries pays an annual dividend of $1.44 per share and has a dividend yield of 17.4%. Hawaiian Electric Industries pays out 110.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Electric Utilities” companies pay a dividend yield of 3.2% and pay out 64.6% of their earnings in the form of a dividend.

Summary

Hawaiian Electric Industries competitors beat Hawaiian Electric Industries on 13 of the 15 factors compared.

Hawaiian Electric Industries Company Profile

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.