Hewlett Packard Enterprise Company (HPE) Valuation — DCF, Graham & Comparables

Hewlett Packard Enterprise Company (HPE) — Price $53.07 (closing price, November 3, 2026) — Technology — Computer Hardware — NYSE

Latest reported results:

Valuation dashboard for Hewlett Packard Enterprise Company (HPE) with P/E 27.64, P/B 2.58, EV/EBITDA 13.5 and dividend yield 1.11%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Hewlett Packard Enterprise (HPE) is a global technology firm that provides comprehensive solutions, empowering clients across the Americas, Europe, the Middle East, Africa, Asia Pacific, and Japan to efficiently capture, analyze, and utilize their data.

Where would it trade at its usual multiples?

Versus its usual multiples: fairly priced · Current P/E 27.6× · Multiples range: $60.48 · $60.48.

At its sector median (31.5×) $60 (+14%). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Hewlett Packard Enterprise Company reported revenue of $34.30B in the most recent fiscal year, growing at a 5-year CAGR of 4.9%.

Trailing-twelve-month margins: gross margin 36.0%, operating margin 8.3%, net margin 6.6%.

At $53.07 (closing price, November 3, 2026), HPE trades at a P/E of 27.64 and an ROE of 10.87%. Market capitalisation stands at $70.4B, placing it among large-cap names.

Balance sheet quality for HPE: debt-to-equity ratio of 0.76, current ratio of 1.11 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio27.64
Price / Book2.58
EV / EBITDA13.5
Dividend Yield1.11%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
HPEHewlett Packard Enterprise Company$70.4B27.642.5810.9%
NTAPNetApp, Inc.$37.5B26.9124.29113.7%
SMCISuper Micro Computer, Inc.$20.6B6.611.2932.4%
IBMInternational Business Machines Corporation$236.3B21.266.7132.9%
ANETArista Networks, Inc.$214.3B45.6713.0433.3%
DELLDell Technologies Inc.$259.6B23.70-5.7%

Price

Price$53.07 (closing price, November 3, 2026)
Market Cap$70.4B
ExchangeNYSE
CountryUS

Profitability

Return on Equity10.87%
Return on Invested Capital6.18%
Return on Assets3.29%
Gross Margin36.02%
Operating Margin8.27%
Net Margin6.57%

Related companies: NTAP · SMCI · IBM · ANET · DELL

Explore sector: Technology · Computer Hardware

More sections of HPE: Overview · Financials · Estimates · Technical · Ownership

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks