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 27,523 - -
Change - -8.94% -18.26% 31.55% -24.45% 6.42% - -
Enterprise Value (EV) 1 38,149 39,702 32,273 40,647 31,824 32,729 32,306 31,742
Change - 4.07% -18.71% 25.95% -21.71% 2.84% -1.29% -1.74%
P/E 5.69x 9.06x 8.08x 12.6x 10.4x 12.3x 10.8x 9.9x
PBR -22.4x -9.28x -24.4x -26.3x -75.6x 308x 33.7x 15.3x
PEG - -0.2x 1.17x -0.9x -1.83x -1.94x 0.8x 1.08x
Capitalization / Revenue 0.55x 0.51x 0.48x 0.64x 0.47x 0.46x 0.46x 0.46x
EV / Revenue 0.6x 0.63x 0.6x 0.76x 0.58x 0.55x 0.54x 0.53x
EV / EBITDA 5.82x 6.34x 5.95x 7.6x 6.33x 6.66x 7.37x 6.85x
EV / EBIT 6.61x 7.25x 7.06x 8.99x 7.74x 8.22x 8.53x 7.95x
EV / FCF 6.55x 10.8x 10.9x 12.3x 11x 10.4x 10.8x 9.47x
FCF Yield 15.3% 9.25% 9.18% 8.12% 9.11% 9.63% 9.27% 10.6%
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% 3.93% 4.09% 4.3%
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 30.52 30.52 30.52
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.($)
26.5x1.8x16.16x0.55% 295B
24.17x9.74x17.55x0.36% 188B
23.35x1.86x9.63x1.08% 69.27B
16.29x0.42x7.51x1.96% 47.4B
41.17x25.28x31.31x1.08% 43.04B
33.32x5.72x19.81x1.29% 41.65B
12.31x0.55x6.65x3.93% 27.52B
29.55x3.06x19.71x2.49% 22.75B
12.34x0.65x9.75x5.38% 22.64B
Average 24.33x 5.45x 15.34x 2.01% 84.12B
Weighted average by Cap. 25.35x 5.20x 16.00x 1.04%

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