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Upturn AI SWOT - About
HE 
Hawaiian Electric Industries Inc (HE)
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Upturn Advisory Summary
03/27/2025: HE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -38.63% | Avg. Invested days 24 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.92B USD | Price to earnings Ratio - | 1Y Target Price 11.65 |
Price to earnings Ratio - | 1Y Target Price 11.65 | ||
Volume (30-day avg) 3007159 | Beta 0.46 | 52 Weeks Range 7.61 - 18.19 | Updated Date 03/30/2025 |
52 Weeks Range 7.61 - 18.19 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -10.42 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -44.29% | Operating Margin (TTM) 6.83% |
Management Effectiveness
Return on Assets (TTM) 0.99% | Return on Equity (TTM) -67.95% |
Valuation
Trailing PE - | Forward PE 11.01 | Enterprise Value 4532877560 | Price to Sales(TTM) 0.6 |
Enterprise Value 4532877560 | Price to Sales(TTM) 0.6 | ||
Enterprise Value to Revenue 1.41 | Enterprise Value to EBITDA 5.51 | Shares Outstanding 172466000 | Shares Floating 156788484 |
Shares Outstanding 172466000 | Shares Floating 156788484 | ||
Percent Insiders 0.2 | Percent Institutions 72.78 |
Analyst Ratings
Rating 3 | Target Price 10.12 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Hawaiian Electric Industries Inc
Company Overview
History and Background
Hawaiian Electric Industries, Inc. (HEI) was founded in 1891 as Hawaiian Electric Company. It has evolved from providing electricity solely to becoming a diversified holding company with interests in banking and renewable energy, serving approximately 95% of Hawaii's population.
Core Business Areas
- Hawaiian Electric Company: Generates, transmits, and distributes electricity on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. They are focused on reducing emissions and expanding the use of renewable energy.
- American Savings Bank: Hawaii's third largest bank, provides a range of financial services, including retail, commercial, and mortgage banking.
- Pacific Current: Investing in companies to help improve the grid, enable distributed generation, and improve efficiency and affordability of clean energy.
Leadership and Structure
Scott Seu is the President and CEO of Hawaiian Electric Industries. The company operates under a holding company structure with separate management teams for each subsidiary.
Top Products and Market Share
Key Offerings
- Electricity Distribution: Provides electricity to residential, commercial, and governmental customers across the major Hawaiian islands. Market share is near monopoly in many areas. Competitors include solar panel companies and alternative energy providers (Tesla, SunPower, etc.), though they are not direct competitors on grid services.
- Banking Services: American Savings Bank offers a full suite of banking products, including checking and savings accounts, loans, and investment services. Market share is competitive within the Hawaiian banking sector. Competitors: Bank of Hawaii (BOH), First Hawaiian Bank (FHB).
Market Dynamics
Industry Overview
The utility industry is undergoing a significant transformation with increasing focus on renewable energy, grid modernization, and energy storage. The banking industry is competitive with a focus on digital transformation.
Positioning
HEI is uniquely positioned as the dominant utility provider in Hawaii. The state's ambitious renewable energy goals create opportunities, but also challenges related to grid stability and infrastructure upgrades. American Savings Bank has a strong regional presence.
Total Addressable Market (TAM)
TAM for electricity in Hawaii is driven by total energy consumption which is in the billions of dollars. HEI is well-positioned to address a large portion of this TAM. TAM for banking services is equally large.
Upturn SWOT Analysis
Strengths
- Dominant market position in electricity distribution in Hawaii
- Diversified business model with banking and investment arms
- Strong relationships with local communities and government
- Experience navigating the islands diverse geographies
Weaknesses
- High dependence on imported fossil fuels (although decreasing)
- Exposure to regulatory and political risks related to renewable energy mandates
- Significant capital investment required for grid modernization
- Vulnerability to natural disasters
Opportunities
- Growth in renewable energy generation and storage
- Expansion of energy efficiency programs
- Investment in grid modernization and smart grid technologies
- Increased demand for banking services in Hawaii
Threats
- Fluctuations in fossil fuel prices
- Increasing competition from distributed generation (solar, wind)
- Regulatory changes and potential for stricter environmental regulations
- Cybersecurity threats to grid infrastructure
- Damage to reputation due to Maui Wildfires.
Competitors and Market Share
Key Competitors
- First Hawaiian Bank (FHB)
- Bank of Hawaii (BOH)
- SunPower (SPWR)
- Tesla (TSLA)
Competitive Landscape
HEI possesses a geographical advantage as it is currently the sole provider in its domain. HEI faces competition from other banks in the Hawaiian banking market. HEI also faces indirect competition from firms developing distributed generation resources. The utility market share data represents their share of the overall electric power sales in Hawaii, and the other banks reflect their respective deposit market share in the Hawaiian market.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: HEI's historical growth has been tied to Hawaii's economic growth and population. Growth in electric has been slow in recent years, whereas growth in American Savings Bank has been steadily growing. Focus is also shifting to sustainable energy with new initiatives.
Future Projections: Future projections depend on the successful implementation of renewable energy projects and cost management initiatives. Growth potential remains strong, but it relies on Hawaii's economic stability. Analysts predict continued adoption of renewable energy.
Recent Initiatives: Focus on transitioning to 100% renewable energy, grid modernization, and strategic investments in renewable energy projects. The company is working on diversifying revenue streams through sustainable methods.
Summary
Hawaiian Electric Industries is a dominant utility company in Hawaii, facing a complex situation with pressures for clean energy transition and infrastructure upgrades. Its banking arm provides diversification. While its market position is strong, the company faces regulatory hurdles and potential competition from alternative energy sources. Recent wildfires present a significant risk to the company's reputation and financial stability.
Similar Companies
- AES
- PNW
- BOH
- FHB
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings (10-K, 10-Q)
- Industry Reports
- News Articles
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hawaiian Electric Industries Inc
Exchange NYSE | Headquaters Honolulu, HI, United States | ||
IPO Launch date 1987-11-05 | President, CEO & Director Mr. Scott W. H. Seu | ||
Sector Utilities | Industry Utilities - Regulated Electric | Full time employees 2587 | Website https://www.hei.com |
Full time employees 2587 | Website https://www.hei.com | ||
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.
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