Company Valuation: HP Inc.

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,956 31,833 26,021 34,231 25,863 29,434 - -
Change - -8.94% -18.26% 31.55% -24.45% 13.81% - -
Enterprise Value (EV) 1 38,149 39,702 32,273 40,647 31,824 34,640 34,218 33,654
Change - 4.07% -18.71% 25.95% -21.71% 8.85% -1.22% -1.65%
P/E 5.69x 9.06x 8.08x 12.6x 10.4x 13.2x 11.6x 10.6x
PBR -22.4x -9.28x -24.4x -26.3x -75.6x 329x 36.1x 16.4x
PEG - -0.2x 1.17x -0.9x -1.83x -2.08x 0.8x 1.16x
Capitalization / Revenue 0.55x 0.51x 0.48x 0.64x 0.47x 0.49x 0.49x 0.49x
EV / Revenue 0.6x 0.63x 0.6x 0.76x 0.58x 0.58x 0.57x 0.56x
EV / EBITDA 5.82x 6.34x 5.95x 7.6x 6.33x 7.05x 7.8x 7.26x
EV / EBIT 6.61x 7.25x 7.06x 8.99x 7.74x 8.7x 9.03x 8.43x
EV / FCF 6.55x 10.8x 10.9x 12.3x 11x 11x 11.4x 10x
FCF Yield 15.3% 9.25% 9.18% 8.12% 9.11% 9.1% 8.75% 9.96%
Dividend per Share 2 0.78 1 1.05 1.1 1.16 1.199 1.247 1.313
Rate of return 2.57% 3.62% 3.99% 3.1% 4.19% 3.67% 3.82% 4.02%
EPS 2 5.33 3.05 3.26 2.81 2.65 2.482 2.824 3.082
Distribution rate 14.6% 32.8% 32.2% 39.1% 43.8% 48.3% 44.2% 42.6%
Net sales 1 63,487 62,983 53,718 53,559 55,295 59,846 59,855 59,822
EBITDA 1 6,554 6,258 5,423 5,350 5,025 4,915 4,386 4,635
EBIT 1 5,769 5,478 4,573 4,520 4,109 3,984 3,789 3,992
Net income 1 6,503 3,203 3,263 2,775 2,529 2,328 2,650 2,882
Net Debt 1 3,193 7,869 6,252 6,416 5,961 5,206 4,783 4,220
Reference price 2 30.33 27.62 26.33 35.52 27.67 32.64 32.64 32.64
Nbr of stocks (in thousands) 1,152,519 1,152,519 988,269 963,718 934,702 901,791 - -
Announcement Date 11/23/21 11/22/22 11/21/23 11/26/24 11/25/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.11x1.81x14.35x0.49% 334B
23.26x9.37x16.88x0.37% 181B
19.08x1.86x9.44x1.04% 72.3B
16.6x0.42x7.66x1.93% 48.32B
32.14x5.59x19.04x1.29% 40.83B
38.72x23.73x29.39x1.15% 40.4B
12.86x0.57x6.92x3.76% 28.79B
12.57x0.66x9.81x5.35% 22.73B
27.83x2.86x18.47x2.65% 21.38B
Average 22.69x 5.21x 14.66x 2% 87.71B
Weighted average by Cap. 22.25x 4.73x 14.79x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield