HEWLETT PACKARD ENTERPRISE (2HP.DE) Fundamental Analysis & Valuation
FRA:2HP • US42824C1099
18.688 EUR
+0.43 (+2.36%)
Last: Mar 5, 2026, 07:00 PM
This 2HP.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, 2HP scores 4 out of 10 in our fundamental rating. 2HP was compared to 30 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and financial health of 2HP have multiple concerns. 2HP may be a bit undervalued, certainly considering the very reasonable score on growth
1. 2HP.DE Profitability Analysis
1.1 Basic Checks
- 2HP had positive earnings in the past year.
- 2HP had a positive operating cash flow in the past year.
- 2HP had positive earnings in 4 of the past 5 years.
- 2HP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of 2HP (-0.08%) is worse than 60.00% of its industry peers.
- The Return On Equity of 2HP (-0.24%) is comparable to the rest of the industry.
- 2HP has a Return On Invested Capital (2.80%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for 2HP is significantly below the industry average of 15.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -0.24% | ||
| ROIC | 2.8% |
ROA(3y)2.35%
ROA(5y)2.9%
ROE(3y)6.54%
ROE(5y)8.23%
ROIC(3y)4.48%
ROIC(5y)4.78%
1.3 Margins
- 2HP has a Operating Margin (4.79%) which is comparable to the rest of the industry.
- 2HP's Operating Margin has declined in the last couple of years.
- 2HP's Gross Margin of 30.26% is in line compared to the rest of the industry. 2HP outperforms 46.67% of its industry peers.
- In the last couple of years the Gross Margin of 2HP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.79% | ||
| PM (TTM) | N/A | ||
| GM | 30.26% |
OM growth 3Y-15.03%
OM growth 5Y-4.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.2%
GM growth 5Y-0.73%
2. 2HP.DE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 2HP is destroying value.
- The number of shares outstanding for 2HP has been increased compared to 1 year ago.
- 2HP has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, 2HP has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.82, we must say that 2HP is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.82, 2HP is doing worse than 66.67% of the companies in the same industry.
- 2HP has a debt to FCF ratio of 35.67. This is a negative value and a sign of low solvency as 2HP would need 35.67 years to pay back of all of its debts.
- 2HP's Debt to FCF ratio of 35.67 is on the low side compared to the rest of the industry. 2HP is outperformed by 60.00% of its industry peers.
- A Debt/Equity ratio of 0.72 indicates that 2HP is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.72, 2HP is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 35.67 | ||
| Altman-Z | 0.82 |
ROIC/WACC0.41
WACC6.77%
2.3 Liquidity
- A Current Ratio of 1.01 indicates that 2HP should not have too much problems paying its short term obligations.
- The Current ratio of 2HP (1.01) is worse than 73.33% of its industry peers.
- 2HP has a Quick Ratio of 1.01. This is a bad value and indicates that 2HP is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.76, 2HP is not doing good in the industry: 76.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.76 |
3. 2HP.DE Growth Analysis
3.1 Past
- The earnings per share for 2HP have decreased by -2.53% in the last year.
- Measured over the past 5 years, 2HP shows a small growth in Earnings Per Share. The EPS has been growing by 7.41% on average per year.
- The Revenue has grown by 13.84% in the past year. This is quite good.
- The Revenue has been growing slightly by 4.91% on average over the past years.
EPS 1Y (TTM)-2.53%
EPS 3Y-1.51%
EPS 5Y7.41%
EPS Q2Q%6.9%
Revenue 1Y (TTM)13.84%
Revenue growth 3Y6.37%
Revenue growth 5Y4.91%
Sales Q2Q%14.44%
3.2 Future
- Based on estimates for the next years, 2HP will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.81% on average per year.
- The Revenue is expected to grow by 7.54% on average over the next years.
EPS Next Y23.8%
EPS Next 2Y19.73%
EPS Next 3Y17.1%
EPS Next 5Y15.81%
Revenue Next Year18.19%
Revenue Next 2Y11.82%
Revenue Next 3Y9.25%
Revenue Next 5Y7.54%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. 2HP.DE Valuation Analysis
4.1 Price/Earnings Ratio
- 2HP is valuated reasonably with a Price/Earnings ratio of 11.26.
- Compared to the rest of the industry, the Price/Earnings ratio of 2HP indicates a rather cheap valuation: 2HP is cheaper than 83.33% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.74, 2HP is valued rather cheaply.
- With a Price/Forward Earnings ratio of 9.11, the valuation of 2HP can be described as very reasonable.
- 2HP's Price/Forward Earnings ratio is rather cheap when compared to the industry. 2HP is cheaper than 83.33% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of 2HP to the average of the S&P500 Index (24.82), we can say 2HP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 9.11 |
4.2 Price Multiples
- 2HP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 2HP is cheaper than 70.00% of the companies in the same industry.
- 2HP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.34 | ||
| EV/EBITDA | 10.4 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as 2HP's earnings are expected to grow with 17.10% in the coming years.
PEG (NY)0.47
PEG (5Y)1.52
EPS Next 2Y19.73%
EPS Next 3Y17.1%
5. 2HP.DE Dividend Analysis
5.1 Amount
- 2HP has a Yearly Dividend Yield of 2.74%.
- Compared to an average industry Dividend Yield of 0.96, 2HP pays a better dividend. On top of this 2HP pays more dividend than 86.67% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, 2HP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
5.2 History
- The dividend of 2HP has a limited annual growth rate of 4.91%.
Dividend Growth(5Y)4.91%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
- 2HP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- 2HP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-1349.15%
EPS Next 2Y19.73%
EPS Next 3Y17.1%
2HP.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:2HP (3/5/2026, 7:00:00 PM)
18.688
+0.43 (+2.36%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)12-04 2025-12-04/amc
Earnings (Next)03-09 2026-03-09/amc
Inst Owners90.03%
Inst Owner ChangeN/A
Ins Owners0.39%
Ins Owner ChangeN/A
Market Cap24.94B
Revenue(TTM)34.30B
Net Income(TTM)-59.00M
Analysts75.38
Price Target22.83 (22.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
Yearly Dividend0.52
Dividend Growth(5Y)4.91%
DP-1349.15%
Div Incr Years2
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.29%
Min EPS beat(2)1.17%
Max EPS beat(2)5.42%
EPS beat(4)3
Avg EPS beat(4)5.16%
Min EPS beat(4)-1.9%
Max EPS beat(4)15.97%
EPS beat(8)7
Avg EPS beat(8)5.21%
EPS beat(12)11
Avg EPS beat(12)5.87%
EPS beat(16)13
Avg EPS beat(16)5.01%
Revenue beat(2)1
Avg Revenue beat(2)1.25%
Min Revenue beat(2)-3.57%
Max Revenue beat(2)6.06%
Revenue beat(4)2
Avg Revenue beat(4)0.85%
Min Revenue beat(4)-3.57%
Max Revenue beat(4)6.06%
Revenue beat(8)4
Avg Revenue beat(8)0.36%
Revenue beat(12)5
Avg Revenue beat(12)-0.04%
Revenue beat(16)6
Avg Revenue beat(16)-0.04%
PT rev (1m)0.26%
PT rev (3m)-3.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.28%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 9.11 | ||
| P/S | 0.85 | ||
| P/FCF | 46.34 | ||
| P/OCF | 9.95 | ||
| P/B | 1.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.4 |
EPS(TTM)1.66
EY8.88%
EPS(NY)2.05
Fwd EY10.98%
FCF(TTM)0.4
FCFY2.16%
OCF(TTM)1.88
OCFY10.05%
SpS22.06
BVpS15.88
TBVpS-3.51
PEG (NY)0.47
PEG (5Y)1.52
Graham Number24.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -0.24% | ||
| ROCE | 3.21% | ||
| ROIC | 2.8% | ||
| ROICexc | 3.16% | ||
| ROICexgc | 9.35% | ||
| OM | 4.79% | ||
| PM (TTM) | N/A | ||
| GM | 30.26% | ||
| FCFM | 1.83% |
ROA(3y)2.35%
ROA(5y)2.9%
ROE(3y)6.54%
ROE(5y)8.23%
ROIC(3y)4.48%
ROIC(5y)4.78%
ROICexc(3y)5.61%
ROICexc(5y)5.73%
ROICexgc(3y)14.25%
ROICexgc(5y)14.22%
ROCE(3y)5.21%
ROCE(5y)5.58%
ROICexgc growth 3Y-15.86%
ROICexgc growth 5Y-2.73%
ROICexc growth 3Y-20.88%
ROICexc growth 5Y-6.13%
OM growth 3Y-15.03%
OM growth 5Y-4.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.2%
GM growth 5Y-0.73%
F-Score4
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 35.67 | ||
| Debt/EBITDA | 4.05 | ||
| Cap/Depr | 83.74% | ||
| Cap/Sales | 6.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.63% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 0.82 |
F-Score4
WACC6.77%
ROIC/WACC0.41
Cap/Depr(3y)94.72%
Cap/Depr(5y)101.28%
Cap/Sales(3y)8.08%
Cap/Sales(5y)8.84%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.53%
EPS 3Y-1.51%
EPS 5Y7.41%
EPS Q2Q%6.9%
EPS Next Y23.8%
EPS Next 2Y19.73%
EPS Next 3Y17.1%
EPS Next 5Y15.81%
Revenue 1Y (TTM)13.84%
Revenue growth 3Y6.37%
Revenue growth 5Y4.91%
Sales Q2Q%14.44%
Revenue Next Year18.19%
Revenue Next 2Y11.82%
Revenue Next 3Y9.25%
Revenue Next 5Y7.54%
EBIT growth 1Y-34.08%
EBIT growth 3Y-9.62%
EBIT growth 5Y0.7%
EBIT Next Year108.39%
EBIT Next 3Y37.2%
EBIT Next 5Y19.53%
FCF growth 1Y-68.24%
FCF growth 3Y-24.74%
FCF growth 5YN/A
OCF growth 1Y-32.76%
OCF growth 3Y-14.02%
OCF growth 5Y5.44%
HEWLETT PACKARD ENTERPRISE / 2HP.DE FAQ
Can you provide the ChartMill fundamental rating for HEWLETT PACKARD ENTERPRISE?
ChartMill assigns a fundamental rating of 4 / 10 to 2HP.DE.
What is the valuation status of HEWLETT PACKARD ENTERPRISE (2HP.DE) stock?
ChartMill assigns a valuation rating of 7 / 10 to HEWLETT PACKARD ENTERPRISE (2HP.DE). This can be considered as Undervalued.
How profitable is HEWLETT PACKARD ENTERPRISE (2HP.DE) stock?
HEWLETT PACKARD ENTERPRISE (2HP.DE) has a profitability rating of 3 / 10.
What is the valuation of HEWLETT PACKARD ENTERPRISE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HEWLETT PACKARD ENTERPRISE (2HP.DE) is 11.26 and the Price/Book (PB) ratio is 1.18.
What is the earnings growth outlook for HEWLETT PACKARD ENTERPRISE?
The Earnings per Share (EPS) of HEWLETT PACKARD ENTERPRISE (2HP.DE) is expected to grow by 23.8% in the next year.