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 | Explore Hawaiian Electric's strategic response to the $4 billion Maui wildfire settlement, including financial restructuring and operational changes to mitigate future risks |
Financial Resilience | Delve into HE's liquidity position, asset sales strategy, and efforts to maintain financial stability amid settlement obligations and regulatory challenges |
Market Valuation | Analyst price targets range from $10 to $16, reflecting mixed outlook on HE's profitability and growth potential in light of recent events |
Strategic Pivot | Learn how Hawaiian Electric is refocusing on core utility operations, implementing advanced grid technologies, and navigating regulatory hurdles to secure long-term stability |
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 | −1.4x | 21.6x | 12.0x | |
PEG Ratio | 0.00 | 3.82 | 0.02 | |
Price/Book | 1.2x | 2.3x | 1.3x | |
Price / LTM Sales | 0.6x | 3.9x | 1.5x | |
Upside (Analyst Target) | 3.6% | 4.1% | 13.1% | |
Fair Value Upside | Unlock | −18.6% | 4.6% | Unlock |