Hewlett Packard Enterprise CoFRA:2HP -6.87%75 EV-to-FCF is 18.15 as of Jul. 03, 2026, which is 12% below its 10-year median of 20.52. GuruFocus rates FRA:2HP with a GF Score™ of 75/100 and a GF Value™ of €21.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,327 Hardware companies, Hewlett Packard Enterprise Co ranks better than 58.48% on this metric.
The historical rank and industry rank for Hewlett Packard Enterprise Co's EV-to-FCF or its related term are showing as below:
FRA:2HP'
s EV-to-FCF Range Over the Past 10 Years
Min: -203.27 Med: 20.52 Max: 3847.68
Current: 17.7
During the past 13 years, the highest EV-to-FCF of Hewlett Packard Enterprise Co was 3847.68. The lowest was -203.27. And the median was 20.52.
FRA:2HP's EV-to-FCF is ranked better than 58.48% of 1327
companies
in the Hardware industry
Industry Median: 23.98
vs FRA:2HP: 17.70
EV-to-FCF 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.
Hewlett Packard Enterprise Co (FRA:2HP) EV-to-FCF Explanation
EV-to-FCF 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.
Hewlett Packard Enterprise Co's PE Ratio (TTM) for today is calculated as:
Hewlett Packard Enterprise Co's share price for today is €36.18.
Hewlett Packard Enterprise Co'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 €0.914.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Hewlett Packard Enterprise Co EV-to-FCF Related Terms
Hewlett Packard Enterprise Co EV-to-FCF Historical Data
* 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 Communication Equipment subindustry, Hewlett Packard Enterprise Co's EV-to-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Hewlett Packard Enterprise Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Hewlett Packard Enterprise Co's EV-to-FCF falls into.
Hewlett Packard Enterprise Co's current Enterprise Value is €62,005 Mil.
Hewlett Packard Enterprise Co's Free Cash Flow 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 €3,417 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.
Hewlett Packard Enterprise Co (FRA:2HP) has a EV-to-FCF of 18.15 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hewlett Packard Enterprise Co and its competitors. This is 12% below median its historical median of 20.52. According to the industry distribution chart, Hewlett Packard Enterprise Co ranks #551 out of 1327 companies in the Hardware industry, placing it in the top 41.5%.
Is Hewlett Packard Enterprise Co's EV-to-FCF too high?
Hewlett Packard Enterprise Co's current EV-to-FCF of 18.15 is 12% below median its 10-year median of 20.52. The Hardware industry median EV-to-FCF is 23.98. Hewlett Packard Enterprise Co's value of 18.15 is 24.3% below this industry median. Based on the distribution chart, Hewlett Packard Enterprise Co ranks #551 out of 1327 companies in the Hardware industry, which is above the industry midpoint. Overall, Hewlett Packard Enterprise Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hewlett Packard Enterprise Co's EV-to-FCF compare to LITE and MSI?
According to the Hardware industry distribution chart, Hewlett Packard Enterprise Co ranks #551 out of 1327 companies for EV-to-FCF. This puts Hewlett Packard Enterprise Co in the upper half of its industry. The industry median EV-to-FCF is 23.98. Hewlett Packard Enterprise Co's value of 18.15 is 24.3% below this benchmark. While the company's 10-year median is 20.52 vs. the industry median of 23.98, Hewlett Packard Enterprise Co 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-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 23.98, based on 1,327 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hewlett Packard Enterprise Co's current EV-to-FCF of 18.15 is 24.3% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hewlett Packard Enterprise Co and its competitors. For the Hardware industry, the median EV-to-FCF is 23.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hewlett Packard Enterprise Co's current EV-to-FCF is 18.15, which is 12% below median its own 10-year median of 20.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hewlett Packard Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Hewlett Packard Enterprise Co (FRA:2HP) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.58, compared to a current price of €36.18 — trading 67.7% above its estimated fair value. The current EV-to-FCF is 18.15, which is 12% below median its 10-year median of 20.52 and 24.3% below the Hardware industry median of 23.98. Hewlett Packard Enterprise Co's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Hewlett Packard Enterprise Co (FRA:2HP), the current EV-to-FCF is 18.15 as of Jul. 03, 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 Hewlett Packard Enterprise Co (FRA:2HP) Overvalued in 2026?
Based on GuruFocus' analysis, Hewlett Packard Enterprise Co stock appears to be overvalued.
The current stock price of €36.18 is trading 67.7% above its estimated GF Value™ of €21.58.
GuruFocus considers Hewlett Packard Enterprise Co to be Significantly Overvalued.
Key valuation signals for FRA:2HP:
EV-to-FCF: 18.15 (12% below median its 10-year median of 20.52)
GF Value™: €21.58 vs. price of €36.18 (67.7% above fair value)
Industry Position: 24.3% below the Hardware median (#551 of 1327)
No single metric tells the full story. See the FRA:2HP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hewlett Packard Enterprise Co Business Description
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. Its portfolio enables hybrid clouds and hyperconverged infrastructure.
75GF Score
Get the complete analysis for FRA:2HP
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:2HP has been successfully added to your 
