Financials HP Inc.

Equities

HPQ

US40434L1052

Computer Hardware

Market Closed - Nyse 16:00:02 2024-07-12 EDT 5-day change 1st Jan Change
36.73 USD +1.75% Intraday chart for HP Inc. +6.06% +22.07%

Valuation

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,741 24,668 34,956 31,833 26,021 35,326 - -
Enterprise Value (EV) 1 26,341 26,021 38,149 39,702 32,273 41,329 40,910 41,219
P/E ratio 8.39 x 8.98 x 5.69 x 9.06 x 8.08 x 12.9 x 11.1 x 10.3 x
Yield 3.68% 3.9% 2.57% 3.62% 3.99% 3.06% 3.24% 3.45%
Capitalization / Revenue 0.44 x 0.44 x 0.55 x 0.51 x 0.48 x 0.66 x 0.63 x 0.62 x
EV / Revenue 0.45 x 0.46 x 0.6 x 0.63 x 0.6 x 0.77 x 0.73 x 0.72 x
EV / EBITDA 5.22 x 5.37 x 5.82 x 6.34 x 5.95 x 7.82 x 7.72 x 8.04 x
EV / FCF 6.61 x 6.96 x 6.55 x 10.8 x 10.9 x 13.5 x 11.7 x 15.7 x
FCF Yield 15.1% 14.4% 15.3% 9.25% 9.18% 7.42% 8.52% 6.36%
Price to Book -22.2 x -11.4 x -22.4 x -9.28 x -24.4 x -36.3 x -48.4 x -256 x
Nbr of stocks (in thousands) 1,481,914 1,373,497 1,152,519 1,152,519 988,269 978,560 - -
Reference price 2 17.37 17.96 30.33 27.62 26.33 36.10 36.10 36.10
Announcement Date 19-11-26 20-11-24 21-11-23 22-11-22 23-11-21 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 58,756 56,639 63,487 62,983 53,718 53,629 55,868 57,210
EBITDA 1 5,047 4,842 6,554 6,258 5,423 5,286 5,297 5,130
EBIT 1 4,303 4,053 5,769 5,478 4,573 4,614 4,659 4,612
Operating Margin 7.32% 7.16% 9.09% 8.7% 8.51% 8.6% 8.34% 8.06%
Earnings before Tax (EBT) 1 2,523 3,231 7,511 4,441 2,937 3,331 3,750 3,982
Net income 1 3,152 2,844 6,503 3,203 3,263 2,744 3,024 3,235
Net margin 5.36% 5.02% 10.24% 5.09% 6.07% 5.12% 5.41% 5.66%
EPS 2 2.070 2.000 5.330 3.050 3.260 2.808 3.263 3.506
Free Cash Flow 1 3,983 3,736 5,827 3,672 2,962 3,065 3,485 2,623
FCF margin 6.78% 6.6% 9.18% 5.83% 5.51% 5.72% 6.24% 4.58%
FCF Conversion (EBITDA) 78.92% 77.16% 88.91% 58.68% 54.62% 57.98% 65.79% 51.13%
FCF Conversion (Net income) 126.36% 131.36% 89.6% 114.64% 90.78% 111.7% 115.24% 81.08%
Dividend per Share 2 0.6400 0.7000 0.7800 1.000 1.050 1.106 1.170 1.245
Announcement Date 19-11-26 20-11-24 21-11-23 22-11-22 23-11-21 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 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 2025 Q3
Net sales 1 17,028 16,490 14,664 14,801 13,828 12,913 13,196 13,817 13,185 12,800 13,369 14,257 13,884 13,357 13,792
EBITDA 1 1,696 1,637 1,570 1,355 1,284 1,333 1,383 1,459 1,311 1,334 1,354 1,456 1,303 1,209 1,355
EBIT 1 1,499 1,444 1,389 1,146 1,075 1,121 1,166 1,247 1,106 1,125 1,152 1,236 1,139 1,130 1,153
Operating Margin 8.8% 8.76% 9.47% 7.74% 7.77% 8.68% 8.84% 9.03% 8.39% 8.79% 8.62% 8.67% 8.2% 8.46% 8.36%
Earnings before Tax (EBT) 1 1,327 - 1,202 673 584 602 936 852 793 797 863 840 959 962 814
Net income 1 1,086 1,000 1,119 -2 487 1,066 766 974 622 607 718.4 773.3 741.9 714.1 735.6
Net margin 6.38% 6.06% 7.63% -0.01% 3.52% 8.26% 5.8% 7.05% 4.72% 4.74% 5.37% 5.42% 5.34% 5.35% 5.33%
EPS 2 0.9900 0.9400 1.080 - 0.4900 1.070 0.7600 0.9700 0.6200 0.6100 0.7630 0.8357 0.7935 0.7757 0.8108
Dividend per Share 2 0.2500 0.2500 0.5000 - 0.2625 0.2625 0.5200 - - 0.2756 0.2781 0.2781 0.2956 0.2956 0.2975
Announcement Date 22-02-28 22-05-31 22-08-30 22-11-22 23-02-28 23-05-30 23-08-29 23-11-21 24-02-28 24-05-29 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 600 1,353 3,193 7,869 6,252 6,003 5,584 5,893
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.1189 x 0.2794 x 0.4872 x 1.257 x 1.153 x 1.136 x 1.054 x 1.149 x
Free Cash Flow 1 3,983 3,736 5,827 3,672 2,962 3,065 3,485 2,623
ROE (net income / shareholders' equity) - - - - -160% - 875% 170%
ROA (Net income/ Total Assets) 10% 9.49% 12.6% 11.1% 8.68% 7.88% 8.39% 8.2%
Assets 1 31,478 29,965 51,581 28,825 37,588 34,802 36,067 39,454
Book Value Per Share 2 -0.7800 -1.570 -1.350 -2.980 -1.080 -0.9900 -0.7500 -0.1400
Cash Flow per Share 2 3.050 3.040 5.250 4.250 3.570 3.690 4.340 3.920
Capex 1 671 580 582 791 609 593 640 592
Capex / Sales 1.14% 1.02% 0.92% 1.26% 1.13% 1.11% 1.15% 1.04%
Announcement Date 19-11-26 20-11-24 21-11-23 22-11-22 23-11-21 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
36.1 USD
Average target price
34.98 USD
Spread / Average Target
-3.11%
Consensus