Learn more about whether Highwater Ethanol, LLC is a good stock to buy or sell based on recent news as well as its key financial metrics. Read on to find out how
(HEOL) grades on certain investment factors and determine whether it meets your investment needs.
Latest Highwater Ethanol, LLC Stock News
As of September 04, 2026, Highwater Ethanol, LLC had a $71.8 million market capitalization, putting it in the 18th percentile of companies in the Oil, Gas & Consumable Fuels industry.
Highwater Ethanol, LLC does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Highwater Ethanol, LLC’s trailing 12-month revenue is $145.6 million with a 21.1% profit margin. Year-over-year quarterly sales growth most recently was 9.4%. There are not analysts providing consensus earnings estimates for the current fiscal year. Highwater Ethanol, LLC currently has a 9.3% dividend yield.
Our fundamental outlook for the oil and gas equipment and services sub-industry for the next 12 months is neutral. On the one hand, oil prices are up, lending favor to increased capital spending on behalf of oil producers and consequently greater potential for more service work. However, the increase in capital spending is still less-thanoptimal when compared to what was lost during the pandemic. In fact, when looking at consensus, 2021 capital spending estimates for producers in the S&P Composite 1500 Oil and Gas Exploration and Production Index is expected to increase 13.5% from 2020 levels, far from recovering the near-50% drop seen from 2019 to 2020. And while producer capex is expected to increase approximately 14% in 2022, the absolute level of implied spending would remain nearly 30% below 2019 levels and 70% below 2014 levels (i.e., heyday spending). Given the relatively subdued level of spending, we think oil and gas equipment and service firms will continue fighting over a small pool of capital, leaving little room for near-term margin expansion. In the past (post-2015 downturn), service firms responded to lower producer spending via more traditional measures to increase profitability (such as complementary product offerings, reducing headcount, selling non-core assets), but the self-help story only went so far to blunt decremental margins. Evidence lies in the fact that operating margins for firms in the S&P Composite 1500 Oil and Gas Equipment and Services Index dropped from 17% in 2014 to sub5% in 2019. Given this context, we are cautious in expecting any material improvement to the subindustry’s profitability post-Covid-19 if firms rely solely on similar methods used in the past; nevertheless, we think improvement can be seen on a firm-by-firm basis if companies can capitalize on new markets (related to the cleanenergy transition -- i.e., hydrogen, carbon capture, LNG infrastructure), performance-based contracting, and increased automation efforts. In terms of new markets, Baker Hughes provides a good example: between carbon capture and hydrogen opportunities alone, Baker estimates an addressable market for itself in the range of $60 billion to $70 billion by 2030. This is by no means an insignificant figure, as the midpoint is more than 3x Baker’s total 2020 revenues, and it further illustrates why we think investors should consider these other markets when analyzing future prospects for service firms.
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Grading Highwater Ethanol, LLC Stock
Before you choose to buy, sell or hold Highwater Ethanol, LLC stock, you’ll want to analyze how it has been graded. Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, making sense of financial ratios, reading income statements and analyzing recent stock movement. To help individual investors decide whether or not to buy
(HEOL) stock, AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way that is suitable for investors of all knowledge levels.
AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings revisions and quality. Here, we’ll take a closer look at Highwater Ethanol, LLC’s stock grades for value, growth and quality.
Learn more about A+ Investor here!
Highwater Ethanol, LLC Stock Value Grade
Value Grade:
| Metric | Rank | HEOL | Sector Median |
| Price/Sales | na | na | 1.78 |
| Price/Earnings | na | na | 16.5 |
| EV/EBITDA | 3 | 1.3 | 6.7 |
| Shareholder Yield | 6 | 9.3% | 0.8% |
| Price/Book Value | na | na | 1.92 |
| Price/Free Cash Flow | na | 17.8 |
Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.
AAII’s A+ Investor Value Grade is derived from a stock’s value score. The value score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.
Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.
Highwater Ethanol, LLC does not have a meaningful Value Score.
Highwater Ethanol, LLC Stock Growth Grade
Growth Grade:
| Metric | Metric Score | HEOL | Sector Median |
| Sales Growth 5yr Ann'l | 100 | 7.7% | 12.6% |
| Sales Increases YoY Last 5 yrs | 40 | 2 of 5 | 3 of 5 |
| Cash from Operations Ann'l Positive Last 5 yrs | 100 | 5 of 5 | 5 of 5 |
The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.
In order to compute the Growth Score and assign it a letter grade, the percentile ranks for each of the three individual components‐consistency of annual sales growth, five‐year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.
The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered Very Weak, while those in the top 20% receive A grades, which are considered Very Strong.
Highwater Ethanol, LLC has a Growth Score of 61, which is Strong.
Highwater Ethanol, LLC Stock Quality Grade
Quality Grade:
| Metric | Score | HEOL | Sector Median |
| Return on Assets (ROA) | 98 | 38.0% | 4.0% |
| Return on Invested Capital (ROIC) | 86 | 48.8% | 13.4% |
| Gross Income to Assets | 55 | 19.3% | 18.2% |
| Buyback Yield | 0.0% | (0.4%) | |
| Change in Total Liabilities to Assets | 49 | 2.3% | 3.0% |
| Accruals to Assets | 4 | 10.5% | (7.1%) |
| Z Double Prime Bankruptcy Risk (Z) Score | na | 5.68 | |
| F-Score | 50 | 5 | 5 |
Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Grade is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.
The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.
The Quality Score is used to assess the underlying “quality” of a particular stock. A higher quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.
Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.
Highwater Ethanol, LLC has a Quality Score of 67, which is Strong.
Other Highwater Ethanol, LLC Stock Grades
In addition to Value, Growth and Quality, A+ Investor also provides grades for Momentum and Estimate Revisions.
The Momentum Grade helps uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.
The Earnings Estimate Revisions Grade takes into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too). AAII’s stock screen that follows the companies with the highest earnings estimate revisions (i.e., the best grades) has a 23.3% backtested annual return since inception, whereas an example screen following those with the worst revisions has a backtested annual return since inception of under 5%.
These 2 key factors, when combined with the above, provide a holistic view into a stock. Further, by joining A+ Investor you can see whether Highwater Ethanol, LLC’s stock passes any of our 60+ stock screens that have outperformed the market since their creation.
Should I Buy Highwater Ethanol, LLC Stock?
Overall, Highwater Ethanol, LLC stock has a Value Grade of NA, Growth Grade of B, and Quality Grade of B.
Whether or not you should buy Highwater Ethanol, LLC stock will ultimately depend on your individual goals, risk tolerance and allocation. AAII can help you figure these out and identify which investments align with what works best for you.
Lastly, it’s important to evaluate a stock by comparing it against others in the same industry. Review the table below to see how Highwater Ethanol, LLC stock stands up against its competitors. Click into any of the below tickers to see their stock grades for value, momentum, quality and EPS revisions.
Highwater Ethanol, LLC (HEOL) Competitors
Companies similar to Highwater Ethanol, LLC in the Oil, Gas & Consumable Fuels industry.
| Company name | Ticker | Market Cap |
| Greenland Energy Company | GLND | $59.91Mil |
| Grupo TMM, S.A.B. | GTMAY | $69.82Mil |
| Battalion Oil Corporation | BATL | $73.89Mil |
| Big Sky Industrial Inc. | BSIN | $80.84Mil |
| Heidmar Maritime Holdings Corp. | HMR | $78.46Mil |
Highwater Ethanol, LLC Stock: Bottom Line
You can use the information about how Highwater Ethanol, LLC is graded to determine if you should invest in this stock. However, you should decide whether Highwater Ethanol, LLC’s stock is a buy, sell or hold based on a combination of grades, metrics, ratios and U.S. Securities and Exchange Commission (SEC) reports.
Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets—without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.
So, if you’re still on the fence about whether Highwater Ethanol, LLC is a buy, sell or hold, you can utilize AAII’s expansive and robust screening tools like A+ Investor to help with your decision.
A+ Investor adds to its qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions, find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.
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