HRX : Heroux-Devtek Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Heroux-Devtek Inc trades with the ticker HRX on the TSX and is in the Aerospace & Defense industry.

Overview
Héroux-Devtek Inc. engages in the design, development, manufacture, finishing, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company serves commercial and defence sectors of the aerospace market. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internationally. The company was formerly known as Heroux Inc. and changed its name to Héroux-Devtek Inc. in 2000. Héroux-Devtek Inc. was incorporated in 1942 and is headquartered in Longueuil, Canada.
 

Looking to invest in Heroux-Devtek Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

HRX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $615.861MM

PE Ratio: 26.143

Price: 18.27 (Updated: 3/12/2024 0:47:16)



Heroux-Devtek Inc (HRX) vs Competitors in Aerospace & Defense

Lets see how HRX.TO stacks up against others in the Aerospace & Defense asset management industry. We have identified its main peers as:

Bombardier Inc, Bombardier Inc, CAE Inc, Firan Technology Group Corporation, Magellan Aerospace Corporation

.

Aerospace & Defense Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Bombardier Inc (BBD-A) $5,121.502 8.252 8.182 N/A%
Bombardier Inc (BBD-B) $5,155.688 8.353 8.182 N/A%
CAE Inc (CAE) $8,470.017 30.942 13.188 N/A%
Firan Technology Group Corporation (FTG) $143.249 12.5 7.61 N/A%
Heroux-Devtek Inc (HRX) $615.861 26.143 10.317 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Aerospace & Defense

  • Heroux-Devtek Inc (HRX) vs Bombardier Inc (BBD-A)
    • BBD-A has higher EPS (6.36 vs 0.7). HRX has a higher P/E ratio (26.143 vs 8.252) indicating it’s more expensive.
  • Heroux-Devtek Inc (HRX) vs Bombardier Inc (BBD-B)
    • BBD-B has higher EPS (6.32 vs 0.7). HRX has a higher P/E ratio (26.143 vs 8.353) indicating it’s more expensive.
  • Heroux-Devtek Inc (HRX) vs CAE Inc (CAE)
    • CAE has higher EPS (0.86 vs 0.7). CAE has a higher P/E ratio (30.942 vs 26.143) indicating it’s more expensive.
  • Heroux-Devtek Inc (HRX) vs Firan Technology Group Corporation (FTG)
    • HRX has higher EPS (0.7 vs 0.48). HRX has a higher P/E ratio (26.143 vs 12.5) indicating it’s more expensive.
  • Heroux-Devtek Inc (HRX) vs Magellan Aerospace Corporation (MAL)
    • HRX has higher EPS (0.7 vs -0.19). MAL provides dividends, while HRX does not. MAL has a P/E under 0, indicating HRX (P/E 26.143) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy HRX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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