GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hewlett Packard Enterprise Co (FRA:2HP) » Definitions » Cyclically Adjusted FCF per Share

Hewlett Packard Enterprise Co (FRA:2HP) Cyclically Adjusted FCF per Share : €0.60 (As of Jan. 2024)


View and export this data going back to 2015. Start your Free Trial

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 €-0.413. 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 €0.60 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 (2024-05-17), Hewlett Packard Enterprise Co's current stock price is €16.61. Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €0.60. Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF of today is 27.68.

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 26.92.


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 - - - - 0.65

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 - - 0.48 0.65 0.60

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)
=-0.413/130.1244*130.1244
=-0.413

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 -0.103 98.604 -0.136
201504 0.274 99.824 0.357
201507 0.443 100.691 0.572
201510 -0.458 100.346 -0.594
201601 -0.470 99.957 -0.612
201604 0.195 100.947 0.251
201607 0.451 101.524 0.578
201610 0.765 101.988 0.976
201701 -1.168 102.456 -1.483
201704 -0.011 103.167 -0.014
201707 0.120 103.278 0.151
201710 0.051 104.070 0.064
201801 -0.267 104.578 -0.332
201804 -0.230 105.708 -0.283
201807 0.269 106.324 0.329
201810 0.294 106.695 0.359
201901 -0.215 106.200 -0.263
201904 0.121 107.818 0.146
201907 0.382 108.250 0.459
201910 0.498 108.577 0.597
202001 -0.443 108.841 -0.530
202004 -0.350 108.173 -0.421
202007 0.570 109.318 0.678
202010 0.094 109.861 0.111
202101 0.281 110.364 0.331
202104 0.180 112.673 0.208
202107 0.282 115.183 0.319
202110 1.410 116.696 1.572
202201 -0.467 118.619 -0.512
202204 -0.241 121.978 -0.257
202207 0.357 125.002 0.372
202210 1.578 125.734 1.633
202301 -1.145 126.223 -1.180
202304 0.139 127.992 0.141
202307 0.587 128.974 0.592
202310 1.564 129.810 1.568
202401 -0.413 130.124 -0.413

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  (FRA:2HP) 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
=16.61/0.6
=27.68

* 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 26.92.


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 (FRA:2HP) Business Description

Industry
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.

Hewlett Packard Enterprise Co (FRA:2HP) Headlines

No Headlines