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HP (HPQ) EV-to-EBIT

: 9.63 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HP's Enterprise Value is $35,697 Mil. HP's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $3,705 Mil. Therefore, HP's EV-to-EBIT for today is 9.63.

The historical rank and industry rank for HP's EV-to-EBIT or its related term are showing as below:

HPQ' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.56   Med: 8.79   Max: 28.11
Current: 9.64

During the past 13 years, the highest EV-to-EBIT of HP was 28.11. The lowest was 3.56. And the median was 8.79.

HPQ's EV-to-EBIT is ranked better than
72.04% of 1706 companies
in the Hardware industry
Industry Median: 16.115 vs HPQ: 9.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HP's Enterprise Value for the quarter that ended in Jan. 2024 was $36,828 Mil. HP's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $3,705 Mil. HP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 10.06%.


HP EV-to-EBIT Historical Data

The historical data trend for HP's EV-to-EBIT 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.

HP Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.38 7.44 4.81 7.73 9.66

HP Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 9.66 11.17 12.62 9.66 9.94

Competitive Comparison

For the Computer Hardware subindustry, HP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


HP EV-to-EBIT Distribution

For the Hardware industry and Technology sector, HP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HP's EV-to-EBIT falls into.



HP EV-to-EBIT Calculation

HP's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=35696.653/3705
=9.63

HP's current Enterprise Value is $35,697 Mil.
HP's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,705 Mil.

* 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.


HP  (NYSE:HPQ) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

HP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=3705/36827.81572
=10.06 %

HP's Enterprise Value for the quarter that ended in Jan. 2024 was $36,828 Mil.
HP's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,705 Mil.

* 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.


HP EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of HP's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


HP (HPQ) Business Description

Address
1501 Page Mill Road, Palo Alto, CA, USA, 94304
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
Executives
Enrique Lores officer: President, PSS 3000 HANOVER STREET, PALO ALTO CA 94304
Alex Cho officer: President, Personal Systems HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
David W Meline director 3M COMPANY, 3M OFFICE OF GENERAL COUNSEL, ST PAUL MN 55144-1000
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Marie Myers officer: Global Controller, HFS & PAO 3000 HANOVER STREET, PALO ALTO CA 94304
Subra Suresh director HP, 1501 PAGE MILL RD BLDG 5, PALO ALTO CA 94036
David P. Mcquarrie officer: Chief Commercial Officer C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Shumeet Banerji director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Jonathan P Faust officer: Global Controller C/O HP INC, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Tuan Tran officer: Pres Imaging Prtng & Solutions 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Julie M Jacobs officer: Chief Legal Officer and GC 22000 AOL WAY, DULLES VA 20166
Kristen M Ludgate officer: Chief People Officer 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Richard L Clemmer director P O BOX 34552, LAS VEGAS NV 89129
Judith A Miscik director 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265

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