Financials Hewlett Packard Enterprise Company

Equities

HPE

US42824C1099

Computer Hardware

Market Closed - Nyse Other stock markets 04:03:14 2024-06-13 pm EDT			Pre-market 09:19:23 am
21.76 ^USD	+4.07%		21.66	-0.48%

12:47pm	Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Friday; Adobe to Advance, Super Micro Computer to Open Lower	MT
Jun. 13	Hewlett Packard Enterprise Insider Sold Shares Worth $628,870, According to a Recent SEC Filing	MT

Valuation

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	21,425	11,114	19,163	18,361	19,730	28,281	-	-
Enterprise Value (EV) ¹	31,492	22,822	28,615	26,663	27,815	35,121	34,638	33,610
P/E ratio	21.3 x	-34.6 x	5.68 x	21.6 x	9.99 x	13.2 x	12.1 x	11 x
Yield	2.79%	4.17%	3.28%	3.36%	3.12%	2.4%	2.53%	2.69%
Capitalization / Revenue	0.74 x	0.41 x	0.69 x	0.64 x	0.68 x	0.95 x	0.91 x	0.89 x
EV / Revenue	1.08 x	0.85 x	1.03 x	0.94 x	0.95 x	1.19 x	1.12 x	1.06 x
EV / EBITDA	5.96 x	4.93 x	5.63 x	5.12 x	5.08 x	6.37 x	5.84 x	5.65 x
EV / FCF	27.6 x	40.8 x	18.4 x	14.9 x	12.4 x	16.5 x	13.8 x	11.1 x
FCF Yield	3.62%	2.45%	5.42%	6.73%	8.05%	6.05%	7.24%	8.98%
Price to Book	1.24 x	0.69 x	0.98 x	0.92 x	0.96 x	1.26 x	1.15 x	1.07 x
Nbr of stocks (in thousands)	1,305,601	1,286,384	1,308,050	1,286,701	1,282,865	1,299,673	-	-
Reference price ²	16.41	8.640	14.65	14.27	15.38	21.76	21.76	21.76
Announcement Date	11/25/19	12/1/20	11/30/21	11/29/22	11/28/23	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	29,135	26,982	27,784	28,496	29,135	29,625	31,018	31,724
EBITDA ¹	5,286	4,633	5,083	5,209	5,473	5,510	5,932	5,948
EBIT ¹	2,751	2,008	2,848	3,026	3,145	3,118	3,400	3,512
Operating Margin	9.44%	7.44%	10.25%	10.62%	10.79%	10.52%	10.96%	11.07%
Earnings before Tax (EBT) ¹	1,553	-442	3,587	876	2,230	2,840	2,574	2,734
Net income ¹	1,049	-322	3,427	868	2,025	2,231	2,378	2,492
Net margin	3.6%	-1.19%	12.33%	3.05%	6.95%	7.53%	7.67%	7.86%
EPS ²	0.7700	-0.2500	2.580	0.6600	1.540	1.651	1.794	1.976
Free Cash Flow ¹	1,141	560	1,551	1,794	2,238	2,124	2,508	3,019
FCF margin	3.92%	2.08%	5.58%	6.3%	7.68%	7.17%	8.08%	9.52%
FCF Conversion (EBITDA)	21.59%	12.09%	30.51%	34.44%	40.89%	38.55%	42.27%	50.75%
FCF Conversion (Net income)	108.77%	-	45.26%	206.68%	110.52%	95.18%	105.44%	121.11%
Dividend per Share ²	0.4575	0.3600	0.4800	0.4800	0.4800	0.5215	0.5508	0.5860
Announcement Date	11/25/19	12/1/20	11/30/21	11/29/22	11/28/23	-	-	-

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	6,961	6,713	6,951	7,871	7,809	6,973	7,002	7,351	6,755	7,204	7,612	8,144	7,521	7,565	7,830
EBITDA ¹	1,315	1,173	1,275	1,446	1,501	1,379	1,300	1,293	1,361	1,259	1,380	1,537	1,479	1,445	1,498
EBIT ¹	768	627	729	902	918	799	718	710	775	684	762	898.9	807.7	835.6	868.8
Operating Margin	11.03%	9.34%	10.49%	11.46%	11.76%	11.46%	10.25%	9.66%	11.47%	9.49%	10.01%	11.04%	10.74%	11.05%	11.1%
Earnings before Tax (EBT) ¹	493	276	464	-357	623	522	536	549	483	445	520.4	1,366	509.5	508.7	621.4
Net income ¹	513	250	409	-304	501	418	464	642	387	314	577.9	784.1	514	546.4	600.7
Net margin	7.37%	3.72%	5.88%	-3.86%	6.42%	5.99%	6.63%	8.73%	5.73%	4.36%	7.59%	9.63%	6.83%	7.22%	7.67%
EPS ²	0.3900	0.1900	0.3100	-0.2300	0.3800	0.3200	0.3500	0.4900	0.2900	0.2400	0.4268	0.6005	0.3895	0.4134	0.4561
Dividend per Share ²	0.1200	0.1200	0.1200	0.1200	0.1200	0.1200	0.1200	0.1200	0.1300	-	0.1300	0.1300	0.1450	0.1450	0.1450
Announcement Date	3/1/22	6/1/22	8/30/22	11/29/22	3/2/23	5/30/23	8/29/23	11/28/23	2/29/24	6/4/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	10,067	11,708	9,452	8,302	8,085	6,840	6,357	5,330
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	1.904 x	2.527 x	1.86 x	1.594 x	1.477 x	1.241 x	1.072 x	0.896 x
Free Cash Flow ¹	1,141	560	1,551	1,794	2,238	2,124	2,508	3,019
ROE (net income / shareholders' equity)	12.6%	10.7%	14.4%	13.4%	13.8%	11.6%	11.8%	10.9%
ROA (Net income/ Total Assets)	4.5%	3.34%	6.14%	4.64%	4.96%	4.24%	3.86%	3.75%
Assets ¹	23,293	-9,641	55,857	18,706	40,856	52,690	61,607	66,515
Book Value Per Share ²	13.20	12.50	15.00	15.50	16.10	17.30	19.00	20.40
Cash Flow per Share ²	2.930	1.730	4.410	3.470	3.360	3.560	3.970	4.550
Capex ¹	2,856	2,383	2,502	3,122	2,828	2,835	3,072	2,835
Capex / Sales	9.8%	8.83%	9.01%	10.96%	9.71%	9.57%	9.9%	8.93%
Announcement Date	11/25/19	12/1/20	11/30/21	11/29/22	11/28/23	-	-	-

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

Ratings for Hewlett Packard Enterprise Company

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

21.76 USD

Average target price

19.81 USD

Spread / Average Target

-8.97%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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