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 31,256 - -
Change - -8.94% -18.26% 31.55% -24.45% 20.85% - -
Enterprise Value (EV) 1 38,149 39,702 32,273 40,647 31,824 36,218 35,842 35,378
Change - 4.07% -18.71% 25.95% -21.71% 13.81% -1.04% -1.29%
P/E 5.69x 9.06x 8.08x 12.6x 10.4x 13.9x 12.1x 11x
PBR -22.4x -9.28x -24.4x -26.3x -75.6x 349x 38.3x 17.4x
PEG - -0.2x 1.17x -0.9x -1.83x -2.48x 0.8x 1.11x
Capitalization / Revenue 0.55x 0.51x 0.48x 0.64x 0.47x 0.52x 0.52x 0.52x
EV / Revenue 0.6x 0.63x 0.6x 0.76x 0.58x 0.61x 0.6x 0.59x
EV / EBITDA 5.82x 6.34x 5.95x 7.6x 6.33x 7.37x 7.91x 7.63x
EV / EBIT 6.61x 7.25x 7.06x 8.99x 7.74x 9.09x 9.46x 8.87x
EV / FCF 6.55x 10.8x 10.9x 12.3x 11x 11.5x 11.8x 10.6x
FCF Yield 15.3% 9.25% 9.18% 8.12% 9.11% 8.72% 8.46% 9.4%
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% 3.46% 3.6% 3.79%
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 34.66 34.66 34.66
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.($)
24.06x2.02x15.95x0.43% 374B
23.39x9.45x16.76x0.37% 183B
21.61x2.04x10.41x0.92% 81.03B
18.65x0.48x8.67x1.72% 54.26B
30.86x5.4x18.32x1.36% 39.19B
35.4x21.62x26.78x1.26% 36.72B
13.85x0.61x7.37x3.46% 31.26B
12.27x0.64x9.56x5.48% 22.07B
16.64x0.32x9.49x0.73% 21.14B
Average 21.86x 4.73x 13.70x 1.75% 93.6B
Weighted average by Cap. 23.27x 4.42x 15.06x 0.88%

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

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