Financials Hewlett Packard Enterprise Company

Equities

HPE

US42824C1099

Computer Hardware

Market Closed - Nyse Other stock markets 16:00:02 2024-04-26 EDT			5-day change	1st Jan Change
17.17 ^USD	+1.18%		+2.26%	+1.12%

04-25	Juniper Networks Q1 Non-GAAP Earnings, Net Revenue Decline; Maintains Quarterly Dividend at $0.22 a Share	MT
04-25	Juniper misses revenue estimates on weak networking gear demand	RE

Valuation

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	21,425	11,114	19,163	18,361	19,730	22,318	-	-
Enterprise Value (EV) ¹	31,492	22,822	28,615	26,663	27,815	29,575	29,019	28,193
P/E ratio	21.3 x	-34.6 x	5.68 x	21.6 x	9.99 x	10.6 x	9.82 x	9.17 x
Yield	2.79%	4.17%	3.28%	3.36%	3.12%	2.99%	3.15%	3.37%
Capitalization / Revenue	0.74 x	0.41 x	0.69 x	0.64 x	0.68 x	0.77 x	0.73 x	0.72 x
EV / Revenue	1.08 x	0.85 x	1.03 x	0.94 x	0.95 x	1.01 x	0.95 x	0.9 x
EV / EBITDA	5.96 x	4.93 x	5.63 x	5.12 x	5.08 x	5.34 x	4.94 x	4.82 x
EV / FCF	27.6 x	40.8 x	18.4 x	14.9 x	12.4 x	14.4 x	12.4 x	9.72 x
FCF Yield	3.62%	2.45%	5.42%	6.73%	8.05%	6.94%	8.06%	10.3%
Price to Book	1.24 x	0.69 x	0.98 x	0.92 x	0.96 x	0.99 x	0.9 x	0.83 x
Nbr of stocks (in thousands)	1,305,601	1,286,384	1,308,050	1,286,701	1,282,865	1,299,829	-	-
Reference price ²	16.41	8.640	14.65	14.27	15.38	17.17	17.17	17.17
Announcement Date	19-11-25	20-12-01	21-11-30	22-11-29	23-11-28	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Octubre	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	29,135	26,982	27,784	28,496	29,135	29,156	30,423	31,180
EBITDA ¹	5,286	4,633	5,083	5,209	5,473	5,540	5,872	5,851
EBIT ¹	2,751	2,008	2,848	3,026	3,145	3,096	3,338	3,417
Operating Margin	9.44%	7.44%	10.25%	10.62%	10.79%	10.62%	10.97%	10.96%
Earnings before Tax (EBT) ¹	1,553	-442	3,587	876	2,230	2,148	2,429	2,463
Net income ¹	1,049	-322	3,427	868	2,025	2,114	2,264	2,355
Net margin	3.6%	-1.19%	12.33%	3.05%	6.95%	7.25%	7.44%	7.55%
EPS ²	0.7700	-0.2500	2.580	0.6600	1.540	1.617	1.748	1.872
Free Cash Flow ¹	1,141	560	1,551	1,794	2,238	2,053	2,340	2,899
FCF margin	3.92%	2.08%	5.58%	6.3%	7.68%	7.04%	7.69%	9.3%
FCF Conversion (EBITDA)	21.59%	12.09%	30.51%	34.44%	40.89%	37.06%	39.85%	49.55%
FCF Conversion (Net income)	108.77%	-	45.26%	206.68%	110.52%	97.09%	103.38%	123.1%
Dividend per Share ²	0.4575	0.3600	0.4800	0.4800	0.4800	0.5131	0.5405	0.5780
Announcement Date	19-11-25	20-12-01	21-11-30	22-11-29	23-11-28	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: oktober	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	7,354	6,961	6,713	6,951	7,871	7,809	6,973	7,002	7,351	6,755	6,849	7,468	8,092	7,442	7,370
EBITDA ¹	1,278	1,315	1,173	1,275	1,446	1,501	1,379	1,300	1,293	1,361	1,236	1,408	1,560	1,435	1,386
EBIT ¹	717	768	627	729	902	918	799	718	710	775	662.4	778	881.4	810.9	811
Operating Margin	9.75%	11.03%	9.34%	10.49%	11.46%	11.76%	11.46%	10.25%	9.66%	11.47%	9.67%	10.42%	10.89%	10.89%	11%
Earnings before Tax (EBT) ¹	2,688	493	276	464	-357	623	522	536	549	483	386.4	549.7	728.8	592.5	548.6
Net income ¹	2,553	513	250	409	-304	501	418	464	642	387	400.1	556.9	711.6	508.5	520.1
Net margin	34.72%	7.37%	3.72%	5.88%	-3.86%	6.42%	5.99%	6.63%	8.73%	5.73%	5.84%	7.46%	8.79%	6.83%	7.06%
EPS ²	1.910	0.3900	0.1900	0.3100	-0.2300	0.3800	0.3200	0.3500	0.4900	0.2900	0.3192	0.4325	0.5080	0.3870	0.3965
Dividend per Share ²	0.1200	0.1200	0.1200	0.1200	0.1200	0.1200	0.1200	0.1200	0.1200	0.1300	0.1275	0.1275	0.1275	0.1450	0.1450
Announcement Date	21-11-30	22-03-01	22-06-01	22-08-30	22-11-29	23-03-02	23-05-30	23-08-29	23-11-28	24-02-29	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: oktober	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	10,067	11,708	9,452	8,302	8,085	7,257	6,701	5,875
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.904 x	2.527 x	1.86 x	1.594 x	1.477 x	1.31 x	1.141 x	1.004 x
Free Cash Flow ¹	1,141	560	1,551	1,794	2,238	2,053	2,340	2,899
ROE (net income / shareholders' equity)	12.6%	10.7%	14.4%	13.4%	13.8%	11.4%	11.6%	10.6%
ROA (Net income/ Total Assets)	4.5%	3.34%	6.14%	4.64%	4.96%	4.24%	3.95%	3.75%
Assets ¹	23,293	-9,641	55,857	18,706	40,856	49,832	57,378	62,847
Book Value Per Share ²	13.20	12.50	15.00	15.50	16.10	17.30	19.10	20.60
Cash Flow per Share ²	2.930	1.730	4.410	3.470	3.360	3.680	3.930	4.490
Capex ¹	2,856	2,383	2,502	3,122	2,828	2,880	3,022	2,794
Capex / Sales	9.8%	8.83%	9.01%	10.96%	9.71%	9.88%	9.93%	8.96%
Announcement Date	19-11-25	20-12-01	21-11-30	22-11-29	23-11-28	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Hewlett Packard Enterprise Company

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

17.17 USD

Average target price

17.53 USD

Spread / Average Target

+2.10%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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