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HPXSWX:HPQ +1.11%76 EV-to-OCF is 7.73 as of Aug. 15, 2026, which is 8% below its 10-year median of 8.44. GuruFocus rates XSWX:HPQ with a GF Score™ of 76/100 and a GF Value™ of CHF26.74. The stock has 9 warning signs investors should review. Among 2,496 Hardware companies, HP ranks better than 52.44% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, HP's Enterprise Value is CHF28,251 Mil.
HP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was CHF3,654 Mil. Therefore, HP's EV-to-OCF for today is 7.73.
The historical rank and industry rank for HP's EV-to-OCF or its related term are showing as below:
XSWX:HPQ'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.31 Med: 8.44 Max: 14.72
Current: 7.55
During the past 13 years, the highest EV-to-OCF of HP was 14.72. The lowest was 4.31. And the median was 8.44.
XSWX:HPQ's EV-to-OCF is ranked better than 52.44% of 2496
companies
in the Hardware industry
Industry Median: 9.065
vs XSWX:HPQ: 7.55
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-08-15), HP's stock price is CHF24.595.
HP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was CHF2.153. Therefore, HP's PE Ratio (TTM) for today is 11.42.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
HP's share price for today is CHF24.595.
HP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2.153.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
HP EV-to-OCF Related Terms
HP EV-to-OCF Historical Data
* Premium members only.
The historical data trend for HP's EV-to-OCF 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.
For the Computer Hardware subindustry, HP's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Hardware Industry
For the Hardware industry and Technology sector, HP's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where HP's EV-to-OCF falls into.
HP's current Enterprise Value is CHF28,251 Mil.
HP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,654 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 (XSWX:HPQ) has a EV-to-OCF of 7.73 as of Aug. 15, 2026. This is near median its historical median of 8.44. Over the past decade, HP's EV-to-OCF has ranged from 4.31 to 14.72. According to the industry distribution chart, HP ranks #1187 out of 2496 companies in the Hardware industry, placing it in the top 47.6%.
Is HP's EV-to-OCF too high?
HP's current EV-to-OCF of 7.73 is near median its 10-year median of 8.44. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 14.72. The Hardware industry median EV-to-OCF is 9.07. HP's value of 7.73 is 14.7% below this industry median. Based on the distribution chart, HP ranks #1187 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, HP has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does HP's EV-to-OCF compare to P and SMCI?
According to the Hardware industry distribution chart, HP ranks #1187 out of 2496 companies for EV-to-OCF. This puts HP in the upper half of its industry. The industry median EV-to-OCF is 9.07. HP's value of 7.73 is 14.7% below this benchmark. Historically, HP's own EV-to-OCF has ranged from 4.31 to 14.72 over the past decade. While the company's 10-year median is 8.44 vs. the industry median of 9.07, HP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Hardware company?
The median EV-to-OCF among Hardware companies is 9.07, based on 2,496 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HP's current EV-to-OCF of 7.73 is 14.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median EV-to-OCF is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HP's current EV-to-OCF is 7.73, which is near median its own 10-year median of 8.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP stock overvalued right now?
HP (XSWX:HPQ) has a current EV-to-OCF of 7.73. The stock's GF Value™ is CHF26.74, compared to a current price of CHF24.60 — trading 8% below its estimated fair value. The current EV-to-OCF is 7.73, which is near median its 10-year median of 8.44 and 14.7% below the Hardware industry median of 9.07. HP's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For HP (XSWX:HPQ), the current EV-to-OCF is 7.73 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HP (XSWX:HPQ) Overvalued in 2026?
Based on GuruFocus' analysis, HP stock appears to be undervalued.
The current stock price of CHF24.60 is trading 8% below its estimated GF Value™ of CHF26.74.
Key valuation signals for XSWX:HPQ:
EV-to-OCF: 7.73 (near median its 10-year median of 8.44)
GF Value™: CHF26.74 vs. price of CHF24.60 (8% below fair value)
Industry Position: 14.7% below the Hardware median (#1187 of 2496)
No single metric tells the full story. See the XSWX:HPQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
76GF Score
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