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Hewlett Packard Enterprise Co (BSP:H1PE34) Cyclically Adjusted FCF per Share : R$3.12 (As of Jan. 2024)


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What is Hewlett Packard Enterprise Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Hewlett Packard Enterprise Co's adjusted free cash flow per share for the three months ended in Jan. 2024 was R$-2.212. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$3.12 for the trailing ten years ended in Jan. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-24), Hewlett Packard Enterprise Co's current stock price is R$95.12. Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was R$3.12. Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF of today is 30.49.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Hewlett Packard Enterprise Co was 33.92. The lowest was 21.96. And the median was 27.08.


Hewlett Packard Enterprise Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hewlett Packard Enterprise Co Cyclically Adjusted FCF per Share Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.51

Hewlett Packard Enterprise Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 2.54 3.51 3.12

Competitive Comparison of Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.



Hewlett Packard Enterprise Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Hewlett Packard Enterprise Co's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-2.212/130.1244*130.1244
=-2.212

Current CPI (Jan. 2024) = 130.1244.

Hewlett Packard Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.000 100.023 0.000
201407 0.000 100.520 0.000
201410 0.000 100.176 0.000
201501 -0.315 98.604 -0.416
201504 0.903 99.824 1.177
201507 1.572 100.691 2.032
201510 -1.993 100.346 -2.584
201601 -2.069 99.957 -2.693
201604 0.788 100.947 1.016
201607 1.632 101.524 2.092
201610 2.683 101.988 3.423
201701 -3.965 102.456 -5.036
201704 -0.036 103.167 -0.045
201707 0.443 103.278 0.558
201710 0.192 104.070 0.240
201801 -1.045 104.578 -1.300
201804 -0.961 105.708 -1.183
201807 1.203 106.324 1.472
201810 1.270 106.695 1.549
201901 -0.918 106.200 -1.125
201904 0.530 107.818 0.640
201907 1.617 108.250 1.944
201910 2.248 108.577 2.694
202001 -2.042 108.841 -2.441
202004 -2.022 108.173 -2.432
202007 3.456 109.318 4.114
202010 0.622 109.861 0.737
202101 1.837 110.364 2.166
202104 1.201 112.673 1.387
202107 1.720 115.183 1.943
202110 9.067 116.696 10.110
202201 -2.922 118.619 -3.205
202204 -1.238 121.978 -1.321
202207 1.952 125.002 2.032
202210 8.163 125.734 8.448
202301 -6.408 126.223 -6.606
202304 0.766 127.992 0.779
202307 3.115 128.974 3.143
202310 8.348 129.810 8.368
202401 -2.212 130.124 -2.212

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Hewlett Packard Enterprise Co  (BSP:H1PE34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=95.12/3.12
=30.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Hewlett Packard Enterprise Co was 33.92. The lowest was 21.96. And the median was 27.08.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Hewlett Packard Enterprise Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hewlett Packard Enterprise Co (BSP:H1PE34) Business Description

Traded in Other Exchanges
Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

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