HEWLETT PACKARD ENTERPRISE (2HP.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:2HP • US42824C1099

19.22 EUR
+0.65 (+3.49%)
Last: Feb 4, 2026, 07:00 PM
Fundamental Rating

3

Overall 2HP gets a fundamental rating of 3 out of 10. We evaluated 2HP against 33 industry peers in the Technology Hardware, Storage & Peripherals industry. 2HP has a bad profitability rating. Also its financial health evaluation is rather negative. 2HP has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year 2HP was profitable.
  • 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.
2HP.DE Yearly Net Income VS EBIT VS OCF VS FCF2HP.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B

1.2 Ratios

  • Looking at the Return On Assets, with a value of -0.08%, 2HP is doing worse than 63.64% of the companies in the same industry.
  • 2HP has a Return On Equity (-0.24%) which is in line with its industry peers.
  • Looking at the Return On Invested Capital, with a value of 2.80%, 2HP is in line with its industry, outperforming 42.42% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for 2HP is significantly below the industry average of 17.50%.
Industry RankSector 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%
2HP.DE Yearly ROA, ROE, ROIC2HP.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

1.3 Margins

  • 2HP has a Operating Margin of 4.79%. This is comparable to the rest of the industry: 2HP outperforms 51.52% of its industry peers.
  • In the last couple of years the Operating Margin of 2HP has declined.
  • 2HP's Gross Margin of 30.26% is in line compared to the rest of the industry. 2HP outperforms 42.42% of its industry peers.
  • 2HP's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
2HP.DE Yearly Profit, Operating, Gross Margins2HP.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 2HP is destroying value.
  • 2HP has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for 2HP has been increased compared to 5 years ago.
  • 2HP has a worse debt/assets ratio than last year.
2HP.DE Yearly Shares Outstanding2HP.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
2HP.DE Yearly Total Debt VS Total Assets2HP.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.2 Solvency

  • 2HP has an Altman-Z score of 0.83. This is a bad value and indicates that 2HP is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.83, 2HP is doing worse than 63.64% of the companies in the same industry.
  • The Debt to FCF ratio of 2HP is 35.67, which is on the high side as it means it would take 2HP, 35.67 years of fcf income to pay off all of its debts.
  • 2HP has a worse Debt to FCF ratio (35.67) than 63.64% 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 RankSector Rank
Debt/Equity 0.72
Debt/FCF 35.67
Altman-Z 0.83
ROIC/WACC0.41
WACC6.9%
2HP.DE Yearly LT Debt VS Equity VS FCF2HP.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B

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 72.73% of its industry peers.
  • A Quick Ratio of 0.76 indicates that 2HP may have some problems paying its short term obligations.
  • 2HP has a worse Quick ratio (0.76) than 75.76% of its industry peers.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 0.76
2HP.DE Yearly Current Assets VS Current Liabilites2HP.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

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5

3. Growth

3.1 Past

  • 2HP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.53%.
  • 2HP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.41% yearly.
  • The Revenue has grown by 13.84% in the past year. This is quite good.
  • Measured over the past years, 2HP shows a small growth in Revenue. The Revenue has been growing by 4.91% on average per year.
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 Y23.86%
EPS Next 2Y19.73%
EPS Next 3Y17.12%
EPS Next 5Y15.81%
Revenue Next Year18.19%
Revenue Next 2Y11.82%
Revenue Next 3Y9.25%
Revenue Next 5Y7.54%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
2HP.DE Yearly Revenue VS Estimates2HP.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B 50B
2HP.DE Yearly EPS VS Estimates2HP.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

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6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 11.79, the valuation of 2HP can be described as reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of 2HP indicates a somewhat cheap valuation: 2HP is cheaper than 78.79% of the companies listed in the same industry.
  • 2HP is valuated cheaply when we compare the Price/Earnings ratio to 28.25, which is the current average of the S&P500 Index.
  • 2HP is valuated reasonably with a Price/Forward Earnings ratio of 9.50.
  • Based on the Price/Forward Earnings ratio, 2HP is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of 2HP to the average of the S&P500 Index (27.50), we can say 2HP is valued rather cheaply.
Industry RankSector Rank
PE 11.79
Fwd PE 9.5
2HP.DE Price Earnings VS Forward Price Earnings2HP.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • 69.70% of the companies in the same industry are more expensive than 2HP, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as 2HP.
Industry RankSector Rank
P/FCF 47.81
EV/EBITDA 10.63
2HP.DE Per share data2HP.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

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.
  • 2HP's earnings are expected to grow with 17.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)1.59
EPS Next 2Y19.73%
EPS Next 3Y17.12%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • 2HP has a Yearly Dividend Yield of 2.59%.
  • Compared to an average industry Dividend Yield of 0.92, 2HP pays a better dividend. On top of this 2HP pays more dividend than 87.88% of the companies listed in the same industry.
  • 2HP's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.59%

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
2HP.DE Yearly Dividends per share2HP.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • 2HP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
  • The dividend of 2HP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-1349.15%
EPS Next 2Y19.73%
EPS Next 3Y17.12%
2HP.DE Yearly Income VS Free CF VS Dividend2HP.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B 3B

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HEWLETT PACKARD ENTERPRISE

FRA:2HP (2/4/2026, 7:00:00 PM)

19.22

+0.65 (+3.49%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)12-04
Earnings (Next)03-04
Inst Owners90.03%
Inst Owner ChangeN/A
Ins Owners0.39%
Ins Owner ChangeN/A
Market Cap25.36B
Revenue(TTM)34.30B
Net Income(TTM)-59.00M
Analysts74.62
Price Target22.77 (18.47%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.59%
Yearly Dividend0.51
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)0.67%
PT rev (3m)-0.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.36%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-1.39%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)-6.03%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.32%
Valuation
Industry RankSector Rank
PE 11.79
Fwd PE 9.5
P/S 0.87
P/FCF 47.81
P/OCF 10.27
P/B 1.21
P/tB N/A
EV/EBITDA 10.63
EPS(TTM)1.63
EY8.48%
EPS(NY)2.02
Fwd EY10.52%
FCF(TTM)0.4
FCFY2.09%
OCF(TTM)1.87
OCFY9.74%
SpS21.99
BVpS15.83
TBVpS-3.49
PEG (NY)0.49
PEG (5Y)1.59
Graham Number24.09
Profitability
Industry RankSector 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 RankSector 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 0.83
F-Score4
WACC6.9%
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 Y23.86%
EPS Next 2Y19.73%
EPS Next 3Y17.12%
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 Year114.21%
EBIT Next 3Y38%
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 3 / 10 to 2HP.DE.


What is the valuation status of HEWLETT PACKARD ENTERPRISE (2HP.DE) stock?

ChartMill assigns a valuation rating of 6 / 10 to HEWLETT PACKARD ENTERPRISE (2HP.DE). This can be considered as Fairly Valued.


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 11.79 and the Price/Book (PB) ratio is 1.21.


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 23.86% in the next year.