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Hewlett Packard Enterprise Co (WBO:HPE) Cyclically Adjusted Price-to-FCF : 28.03 (As of May. 15, 2024)


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

As of today (2024-05-15), Hewlett Packard Enterprise Co's current share price is €16.256. Hewlett Packard Enterprise Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €0.58. Hewlett Packard Enterprise Co's Cyclically Adjusted Price-to-FCF for today is 28.03.

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:

WBO:HPE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.96   Med: 26.92   Max: 33.92
Current: 27.6

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 26.92.

WBO:HPE's Cyclically Adjusted Price-to-FCF is ranked better than
52.49% of 962 companies
in the Hardware industry
Industry Median: 29.65 vs WBO:HPE: 27.60

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 €-0.413. 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 €0.58 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
=16.256/0.58
=28.03

* 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)
=-0.413/129.4194*129.4194
=-0.413

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 -0.103 98.604 -0.135
201504 0.274 99.824 0.355
201507 0.443 100.691 0.569
201510 -0.458 100.346 -0.591
201601 -0.470 99.957 -0.609
201604 0.195 100.947 0.250
201607 0.451 101.524 0.575
201610 0.765 101.988 0.971
201701 -1.168 102.456 -1.475
201704 -0.011 103.167 -0.014
201707 0.120 103.278 0.150
201710 0.051 104.070 0.063
201801 -0.267 104.578 -0.330
201804 -0.230 105.708 -0.282
201807 0.269 106.324 0.327
201810 0.294 106.695 0.357
201901 -0.215 106.200 -0.262
201904 0.121 107.818 0.145
201907 0.382 108.250 0.457
201910 0.498 108.577 0.594
202001 -0.443 108.841 -0.527
202004 -0.350 108.173 -0.419
202007 0.570 109.318 0.675
202010 0.094 109.861 0.111
202101 0.281 110.364 0.330
202104 0.180 112.673 0.207
202107 0.282 115.183 0.317
202110 1.410 116.696 1.564
202201 -0.467 118.619 -0.510
202204 -0.241 121.978 -0.256
202207 0.357 125.002 0.370
202210 1.578 125.734 1.624
202301 -1.145 126.223 -1.174
202304 0.139 127.992 0.141
202307 0.587 128.974 0.589
202310 1.564 129.810 1.559
202401 -0.413 129.419 -0.413

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  (WBO: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 (WBO:HPE) 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.