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 29,714 - -
Change - -8.94% -18.26% 31.55% -24.45% 14.89% - -
Enterprise Value (EV) 1 38,149 39,702 32,273 40,647 31,824 34,676 34,300 33,836
Change - 4.07% -18.71% 25.95% -21.71% 8.96% -1.09% -1.35%
P/E 5.69x 9.06x 8.08x 12.6x 10.4x 13.2x 11.5x 10.5x
PBR -22.4x -9.28x -24.4x -26.3x -75.6x 332x 36.4x 16.5x
PEG - -0.2x 1.17x -0.9x -1.83x -2.36x 0.8x 1.06x
Capitalization / Revenue 0.55x 0.51x 0.48x 0.64x 0.47x 0.5x 0.5x 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 7.06x 7.57x 7.3x
EV / EBIT 6.61x 7.25x 7.06x 8.99x 7.74x 8.7x 9.06x 8.48x
EV / FCF 6.55x 10.8x 10.9x 12.3x 11x 11x 11.3x 10.2x
FCF Yield 15.3% 9.25% 9.18% 8.12% 9.11% 9.11% 8.85% 9.83%
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% 3.64% 3.78% 3.99%
EPS 2 5.33 3.05 3.26 2.81 2.65 2.502 2.865 3.148
Distribution rate 14.6% 32.8% 32.2% 39.1% 43.8% 47.9% 43.5% 41.7%
Net sales 1 63,487 62,983 53,718 53,559 55,295 59,853 59,942 60,039
EBITDA 1 6,554 6,258 5,423 5,350 5,025 4,915 4,533 4,635
EBIT 1 5,769 5,478 4,573 4,520 4,109 3,986 3,787 3,991
Net income 1 6,503 3,203 3,263 2,775 2,529 2,345 2,676 2,912
Net Debt 1 3,193 7,869 6,252 6,416 5,961 4,962 4,586 4,121
Reference price 2 30.33 27.62 26.33 35.52 27.67 32.95 32.95 32.95
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.22x1.96x15.42x0.45% 361B
25.02x10.13x17.95x0.35% 195B
21.51x2.03x10.36x0.93% 80.66B
20.42x0.53x9.54x1.57% 59.42B
33.72x5.92x20.09x1.24% 42.92B
35.87x21.92x27.15x1.24% 37.31B
13.75x0.6x7.32x3.49% 31.02B
12.39x0.65x9.66x5.43% 22.33B
16.75x0.32x9.52x0.72% 21.28B
Average 22.52x 4.89x 14.11x 1.71% 94.6B
Weighted average by Cap. 23.57x 4.69x 15.27x 0.87%

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

-40%: Exceptional extension
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