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Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Cyclically Adjusted Price-to-FCF : 27.25 (As of Apr. 27, 2024)


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What is Hewlett Packard Enterprise Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Hewlett Packard Enterprise Co's current share price is $17.17. Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $0.63. Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF for today is 27.25.

The historical rank and industry rank for Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HPE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.96   Med: 26.65   Max: 33.92
Current: 26.95

During the past years, Hewlett Packard Enterprise Co's highest Cyclically Adjusted Price-to-FCF was 33.92. The lowest was 21.96. And the median was 26.65.

HPE's Cyclically Adjusted Price-to-FCF is ranked better than
52.36% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs HPE: 26.95

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 adjusted free cash flow per share data for the three months ended in Jan. 2024 was $-0.450. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.63 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hewlett Packard Enterprise Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 21.99

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 Price-to-FCF 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 - - 32.96 21.99 24.28

Competitive Comparison of Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.17/0.63
=27.25

* 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.

Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

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)
=-0.45/129.4194*129.4194
=-0.450

Current CPI (Jan. 2024) = 129.4194.

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 -0.119 98.604 -0.156
201504 0.297 99.824 0.385
201507 0.487 100.691 0.626
201510 -0.514 100.346 -0.663
201601 -0.510 99.957 -0.660
201604 0.221 100.947 0.283
201607 0.498 101.524 0.635
201610 0.842 101.988 1.068
201701 -1.243 102.456 -1.570
201704 -0.011 103.167 -0.014
201707 0.139 103.278 0.174
201710 0.060 104.070 0.075
201801 -0.326 104.578 -0.403
201804 -0.282 105.708 -0.345
201807 0.315 106.324 0.383
201810 0.338 106.695 0.410
201901 -0.246 106.200 -0.300
201904 0.136 107.818 0.163
201907 0.428 108.250 0.512
201910 0.551 108.577 0.657
202001 -0.492 108.841 -0.585
202004 -0.380 108.173 -0.455
202007 0.655 109.318 0.775
202010 0.111 109.861 0.131
202101 0.342 110.364 0.401
202104 0.216 112.673 0.248
202107 0.333 115.183 0.374
202110 1.636 116.696 1.814
202201 -0.528 118.619 -0.576
202204 -0.260 121.978 -0.276
202207 0.364 125.002 0.377
202210 1.554 125.734 1.600
202301 -1.234 126.223 -1.265
202304 0.153 127.992 0.155
202307 0.649 128.974 0.651
202310 1.651 129.810 1.646
202401 -0.450 129.419 -0.450

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


Hewlett Packard Enterprise Co  (NYSE:HPE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Hewlett Packard Enterprise Co Cyclically Adjusted Price-to-FCF Related Terms

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


Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Business Description

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.
Executives
Jeremy Cox officer: SVP Controller and CTO 3000 HANOVER STREET, PALO ALTO CA 94304
Phil Mottram officer: President, Intelligent Edge 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Kirt P Karros officer: SVP, Finance & Treasurer 12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130
Justin Hotard officer: SVP, GM, HPC and AI 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Neil B Macdonald officer: SVP, GM of Compute 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Fidelma Russo officer: EVP, GM, HC and CTO C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
John F Schultz officer: EVP, COLO C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Gerri Gold officer: EVP, Pres & CEO Financial Serv 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Alan Richard May officer: EVP, Chief People Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Antonio F Neri officer: President and CEO 3000 HANOVER STREET, PALO ALTO CA 94304
Black Thomas E Jr officer: SVP, GM of Storage 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Tarek Robbiati officer: EVP & CFO 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Jean M. Hobby director 10000 WEHRLE DRIVE, CLARENCE NY 14031
Frank A Damelio director C/O PFIZER INC., 235 EAST 42ND ST., NEW YORK NY 10017