HEI vs FLEX

Comparison between Heico Corp (HEI, Company) and Flex Ltd (FLEX, Company).

HEI is from the Industrials sector, while FLEX is from the Technology sector.

5-Year PerformanceFLEX has outperformed HEI, delivering a return of +69.2% compared to +19.9%

HEI vs FLEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEI(COMPANY)	FLEX(COMPANY)
Market Cap	$49B	$49B
Max Drawdown	63.95%	96.37%
Sharpe Ratio	0.36	1.80
5Y Beta	0.83	1.89
Industry	Aerospace & Defense	Electronic Components
P/E Ratio	41.66	56.02
Forward P/E	52.08	29.59
PEG Ratio	1.33	0.16
Dividend Yield	0.07%	N/A
5Y Dividends CAGR	16.83%	N/A
5Y EPS CAGR	20.50%	14.05%
Debt to Equity	0.07%	72.92%
Free Cash Flow Yield	1.94%	2.16%
P/S Ratio	9.89	1.75
P/B Ratio	10.60	9.75

Market Cap

HEI

$49B

Winner

FLEX

$49B

Max Drawdown

Winner

HEI

63.95%

FLEX

96.37%

Sharpe Ratio

HEI

0.36

Winner

FLEX

1.80

5Y Beta

Winner

HEI

0.83

FLEX

1.89

Industry

HEI

Aerospace & Defense

FLEX

Electronic Components

P/E Ratio

Winner

HEI

41.66

FLEX

56.02

Forward P/E

HEI

52.08

Winner

FLEX

29.59

PEG Ratio

HEI

1.33

Winner

FLEX

0.16

Dividend Yield

HEI

0.07%

FLEX

N/A

5Y Dividends CAGR

HEI

16.83%

FLEX

N/A

5Y EPS CAGR

Winner

HEI

20.50%

FLEX

14.05%

Debt to Equity

Winner

HEI

0.07%

FLEX

72.92%

Free Cash Flow Yield

HEI

1.94%

Winner

FLEX

2.16%

P/S Ratio

HEI

9.89

Winner

FLEX

1.75

P/B Ratio

HEI

10.60

Winner

FLEX

9.75

HEI vs FLEX - Historical Returns

Returns include dividend reinvestment.

Period	HEI	FLEX
1 month	+9.40%	-2.65%
3 months	+21.39%	+76.96%
6 months	-0.72%	+120.81%
1 year	+12.70%	+161.51%
5 years(CAGR)	+19.91%	+69.18%
10 years(CAGR)	+26.44%	+34.25%
Max(CAGR)	+19.27%	+10.29%

Winner

HEI

+9.40%

FLEX

-2.65%

HEI

+21.39%

Winner

FLEX

+76.96%

HEI

-0.72%

Winner

FLEX

+120.81%

HEI

+12.70%

Winner

FLEX

+161.51%

5Y(CAGR)

HEI

+19.91%

Winner

FLEX

+69.18%

10Y(CAGR)

HEI

+26.44%

Winner

FLEX

+34.25%

Max(CAGR)

Winner

HEI

+19.27%

FLEX

+10.29%

HEI vs FLEX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HEI	FLEX
2026	+6.63%	+113.25%
2025	+36.54%	+56.45%
2024	+33.81%	+125.22%
2023	+17.80%	+41.28%
2022	+7.26%	+15.50%
2021	+13.15%	+2.52%
2020	+10.69%	+40.69%
2019	+50.39%	+59.95%
2018	+29.47%	-58.26%
2017	+51.47%	+24.93%
2016	+42.89%	+29.40%
2015	-6.45%	+0.99%
2014	+7.34%	+45.01%
2013	+28.24%	+21.79%
2012	+4.97%	+6.52%
2011	+40.48%	-29.60%
2010	+42.72%	+6.66%
2009	+11.59%	+158.31%
2008	-28.22%	-78.03%
2007	+41.31%	+5.88%
2006	+49.61%	+10.17%
2005	+19.09%	-22.67%
2004	+35.95%	-8.17%
2003	+68.47%	+61.75%
2002	-29.96%	-67.23%
2001	+8.15%	-0.58%
2000	-25.60%	+25.97%
1999	+26.43%	+29.87%

HEI vs FLEX Drawdown Comparison

The maximum drawdown for HEI was -63.74%, occurring on Apr 30, 2003. Recovery took 779 trading sessions.

The maximum drawdown for FLEX was -96.37%, occurring on Nov 20, 2008. Recovery took 5887 trading sessions.

The current HEI drawdown is -3.94%. The current FLEX drawdown is -16.21%.

Rank	HEI	FLEX
#1	-63.74% Aug 24, 2001 - Oct 5, 2004	-96.37% Sep 6, 2000 - Feb 1, 2024
#2	-61.37% Dec 26, 2007 - Sep 20, 2010	-40.73% Mar 28, 2000 - Jul 13, 2000
#3	-57.72% Aug 29, 2019 - Jun 4, 2021	-39.99% Jan 22, 2025 - Jun 17, 2025
#4	-47.34% Dec 27, 1999 - Aug 23, 2001	-18.85% Jun 30, 2026 - Jul 7, 2026
#5	-32.38% Sep 24, 2013 - Jul 27, 2016	-18.38% Dec 10, 2025 - Apr 8, 2026
#6	-29.58% Nov 15, 2011 - Jan 2, 2013	-17.54% Oct 29, 2025 - Dec 8, 2025
#7	-28.37% Jul 8, 2011 - Oct 27, 2011	-17.36% Jul 17, 2000 - Sep 5, 2000
#8	-27.11% Jan 15, 2026 - Jul 1, 2026	-16.81% May 30, 2024 - Sep 26, 2024
#9	-23.46% Sep 14, 2018 - Feb 22, 2019	-14.85% Mar 10, 2000 - Mar 24, 2000
#10	-22.64% May 4, 2006 - Oct 5, 2006	-14.24% Jan 24, 2000 - Feb 9, 2000
#11	-21.26% Nov 22, 2024 - May 19, 2025	-14.03% Mar 6, 2024 - May 22, 2024
#12	-20.77% Dec 29, 2004 - Jun 28, 2005	-13.86% Jun 3, 2026 - Jun 30, 2026
#13	-18.84% Apr 4, 2022 - Jul 29, 2022	-12.95% May 11, 2026 - May 27, 2026
#14	-17.20% Nov 2, 1999 - Nov 22, 1999	-12.50% Feb 9, 2000 - Feb 23, 2000
#15	-16.93% Jun 8, 2021 - Nov 9, 2021	-11.78% Dec 13, 1999 - Jan 14, 2000

Correlation

Correlation between HEI and FLEX is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2000 - 2026)

HEI vs FLEX dividend yield comparison.

Year	HEI	FLEX
2026	0.07%	0.00%
2025	0.07%	0.00%
2024	0.09%	21.00%
2023	0.11%	0.00%
2022	0.12%	0.00%
2021	0.12%	0.00%
2020	0.12%	0.00%
2019	0.12%	0.00%
2018	0.14%	0.00%
2017	0.08%	0.00%
2016	0.22%	0.00%
2015	0.28%	0.00%
2014	0.73%	0.00%
2013	0.83%	0.00%
2012	7.84%	0.00%
2011	0.18%	0.00%
2010	0.21%	0.00%
2009	0.27%	0.00%
2008	0.26%	0.00%
2007	0.15%	0.00%
2006	0.21%	0.00%
2005	0.19%	0.00%
2004	0.22%	0.00%
2003	0.27%	0.00%
2002	0.47%	0.00%
2001	0.30%	0.00%
2000	0.26%	0.00%