US · HE
Hawaiian Electric Industries, Inc.
- Sector
- Utilities · Diversified Utilities
- Headquarters
- Honolulu, HI 96813
- Website
- hei.com
Price · as of 2025-12-31
$15.27
Market cap 2.67B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $27.73 | +81.6% |
| Intrinsic Value(DCF) | $49.54 | +224.43% |
| Graham-Dodd Method(GD) | $10.27 | -32.76% |
| Graham Formula(GF) | $2.94 | -80.78% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $16.02 | $6.41 | $7.17 | $5.77 | $42.24 |
| 2012 | $18.13 | $7.25 | $4.10 | $8.02 | $17.34 |
| 2013 | $16.99 | $6.80 | $0.00 | $10.31 | $7.11 |
| 2014 | $23.37 | $9.35 | $6.30 | $6.56 | $13.57 |
| 2015 | $23.66 | $9.46 | $6.48 | $6.42 | $0.00 |
| 2016 | $25.64 | $10.26 | $0.00 | $13.97 | $0.00 |
| 2017 | $27.23 | $10.89 | $7.30 | $7.67 | $23.38 |
| 2018 | $33.36 | $13.34 | $0.00 | $9.92 | $36.69 |
| 2019 | $40.72 | $16.29 | $0.00 | $11.29 | $17.02 |
| 2020 | $36.28 | $15.35 | $7.43 | $9.98 | $0.00 |
| 2021 | $38.86 | $15.54 | $6.64 | $12.04 | $40.72 |
| 2022 | $36.05 | $14.42 | $1.98 | $13.18 | $60.07 |
| 2023 | $11.82 | $6.19 | $0.00 | $19.64 | $8.16 |
| 2024 | $11.46 | $4.58 | $0.00 | $0.00 | $0.00 |
| 2025 | $15.99 | $27.73 | $0.00 | $10.27 | $2.94 |
AI valuation
Our deep-learning model estimates Hawaiian Electric Industries, Inc.'s (HE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $27.73
- Current price
- $15.27
- AI upside
- +81.6%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$49.54
+224.43% upside
Graham-Dodd
$10.27
-32.76% upside
Graham Formula
$2.94
-80.78% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| HE | Hawaiian Electric Industr… | $15.27 | 2.67B | +82% | +224% | -33% | -81% | 16.08 | 1.72 | 0.89 | 14.55 | — | 1.72 | 7.62% | 7.62% | 3.99% | 11.00% | 6.06% | 3.15% | 0.42 | 2.09 | 0.56 | 4.34 | 2.82 | -10632.00% | -413.00% | -2843.00% | 3.53% | 3.78 | 3.32% | 1.09% | 17.50% | 52.71% | 14.55 | 35.10 | 1.11 | 6.00 |
| AVA | Avista Corporation | $40.62 | 3.31B | -31% | -61% | -62% | -44% | 16.75 | 1.19 | 1.65 | 9.98 | 381.87 | 1.22 | 24.19% | 18.02% | 9.83% | 7.28% | 5.39% | 2.33% | 1.22 | 2.39 | 20.25 | 7.72 | 5.04 | 439.00% | 134.00% | -1020000.00% | -3.12% | 13.03 | -1.73% | 4.92% | 82.40% | 4.92% | 18.44 | -64.65 | 3.32 | 30.44 |
| CEPU | Central Puerto S.A. | $15.69 | 2.36B | -53% | -69% | -34% | -75% | 45347.62 | 1.36 | 3.33 | 8.26 | — | 1.39 | 39.51% | 26.72% | 6.72% | 0.00% | 3.97% | 0.00% | 0.21 | 3.43 | 1.48 | 1.25 | 1.20 | -8461.00% | 810.00% | -7430.00% | 0.00% | 0.00 | 0.00% | 0.00% | 33.60% | 13.18% | 13.15 | 30048.95 | 3.51 | 2.47 |
| CTRI | Centuri Holdings, Inc. | $31.00 | 3.09B | -13% | -60% | -79% | -86% | — | 3.19 | 0.97 | 12.85 | — | 20.77 | 8.55% | 3.22% | 0.78% | 0.00% | 7.19% | 0.00% | 0.37 | 1.18 | 1.78 | 0.89 | 0.84 | -40979.00% | 940.00% | -11393.00% | -0.29% | 0.16 | -0.64% | 0.00% | — | 27.47% | 32.10 | -363.14 | 1.03 | 2.54 |
| EDN | Empresa Distribuidora y C… | $25.69 | 1.12B | +12% | +21,550% | +92% | +3,381% | 7.73 | 1.40 | 1.03 | 10.93 | 12.90 | 1.40 | 19.31% | 2.06% | 13.32% | 19.87% | 2.97% | 7.49% | 0.32 | 0.13 | 0.89 | 0.70 | 2.26 | 5992.00% | 19142.00% | 13608.00% | -5.42% | 0.23 | -8.05% | 0.00% | 0.00% | 0.00% | 51.87 | -19.14 | 1.07 | 1.30 |
| ELPC | Companhia Paranaense de E… | $11.59 | 2.15B | -38% | -49% | +205% | +224% | 13.77 | 0.23 | 0.26 | 4.30 | 2.39 | 0.65 | 21.59% | 15.91% | 12.40% | 1.74% | 7.91% | 0.76% | 0.68 | 47.17 | 1.26 | 1.06 | 3.01 | 57500.00% | 545.00% | -896.00% | 10.20% | 0.06 | 1.67% | 4.97% | 68.40% | 5.13% | 5.30 | 31.65 | 0.84 | 1.00 |
| HTO | H2O America | $53.79 | 1.93B | -16% | -40% | -39% | — | 19.03 | 1.27 | 10.05 | 8.48 | 408.46 | 1.27 | 192.65% | 93.20% | 52.82% | 7.06% | 6.80% | 3.01% | 0.02 | 1.99 | 0.42 | 0.00 | 0.10 | 466.00% | -7405.00% | -23225.00% | 12.54% | 0.90 | 10.31% | 3.00% | 57.20% | 94.96% | 10.92 | 8.07 | 10.17 | 2.57 |
| MGEE | MGE Energy, Inc. | $82.02 | 3B | -19% | -59% | -68% | -21% | 22.01 | 2.29 | 4.02 | 12.47 | 187.89 | 2.29 | 97.31% | 22.95% | 18.27% | 10.72% | 7.20% | 4.54% | 0.62 | 5.05 | 0.78 | 0.39 | 2.66 | 1171.00% | 985.00% | -29576.00% | -2.67% | 0.90 | -3.89% | 2.26% | 49.70% | 2.26% | 22.28 | -47.53 | 5.11 | 1.73 |
| NWN | Northwest Natural Holding… | $53.04 | 2.2B | -9% | -38% | -76% | +2% | 18.96 | 1.46 | 1.67 | 12.37 | 52.02 | 1.95 | 39.56% | 31.38% | 8.79% | 7.92% | 7.90% | 1.99% | 1.87 | 3.63 | 0.72 | 0.19 | 6.91 | 3645.00% | 1183.00% | 188.00% | -9.20% | 0.32 | -5.27% | 3.60% | 68.20% | 3.60% | 12.04 | -24.63 | 3.78 | 0.75 |
| OTTR | Otter Tail Corporation | $85.10 | 3.57B | -25% | -42% | -47% | -52% | 13.00 | 1.93 | 2.75 | 9.17 | — | 1.97 | 27.81% | 26.51% | 21.16% | 15.63% | 12.05% | 7.24% | 0.59 | 7.32 | 2.28 | 1.67 | 1.55 | -865.00% | -199.00% | 408.00% | 2.73% | 1.10 | 3.99% | 2.45% | 31.90% | 2.49% | 12.30 | 43.41 | 3.26 | 2.21 |
| UTL | Unitil Corporation | $52.31 | 940.74M | -23% | -1% | -56% | -12% | 18.23 | 1.50 | 1.71 | 9.29 | 1335.63 | 1.51 | 41.27% | 18.88% | 9.37% | 8.95% | 5.55% | 2.55% | 1.54 | 2.31 | 0.56 | 0.31 | 4.66 | 137.00% | 833.00% | 2227.00% | -5.88% | 0.31 | -3.85% | 3.29% | 60.00% | 3.29% | 18.17 | -34.17 | 3.43 | 0.78 |
About Hawaiian Electric Industries, Inc.
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. 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 community 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. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.
- CEO
- Scott W. H. Seu
- Employees
- 2.59K
- Beta
- 0.64
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($49.54 ÷ $15.27) − 1 = +224.43% (DCF, example).