Hp Inc Stock Current Valuation
| HPQ Stock | USD 37.91 1.23 3.35% |
Valuation analysis of HP Inc helps investors to measure HP's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 7.12. Also, Enterprise Value Multiple is likely to grow to 7.12. Fundamental drivers impacting HP's valuation include:
Enterprise Value 43.4 B | Enterprise Value Ebitda 9.4988 | Price Sales 0.6627 | Forward PE 10.4384 | Trailing PE 12.8702 |
Overvalued
Today
Please note that HP's price fluctuation is very steady at this time. Calculation of the real value of HP Inc is based on 3 months time horizon. Increasing HP's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
HP's intrinsic value may or may not be the same as its current market price of 37.91, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 37.91 | Real 32.62 | Target 28.51 | Hype 37.97 | Naive 37.51 |
The intrinsic value of HP's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence HP's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of HP Inc helps investors to forecast how HP stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of HP more accurately as focusing exclusively on HP's fundamentals will not take into account other important factors: HP Inc Company Current Valuation Analysis
HP's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current HP Current Valuation | 43.36 B |
Most of HP's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, HP Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
HP Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for HP is extremely important. It helps to project a fair market value of HP Stock properly, considering its historical fundamentals such as Current Valuation. Since HP's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of HP's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of HP's interrelated accounts and indicators.
Click cells to compare fundamentals
HP Current Valuation Historical Pattern
Today, most investors in HP Stock are looking for potential investment opportunities by analyzing not only static indicators but also various HP's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of HP current valuation as a starting point in their analysis.
HP Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, HP Inc has a Current Valuation of 43.36 B. This is 124.5% higher than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The current valuation for all United States stocks is 160.83% lower than that of the firm.
HP Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses HP's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of HP could also be used in its relative valuation, which is a method of valuing HP by comparing valuation metrics of similar companies.HP is currently under evaluation in current valuation category among its peers.
HP ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, HP's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HP's managers, analysts, and investors.Environmental | Governance | Social |
HP Fundamentals
| Return On Asset | 0.0705 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 43.36 B | ||||
| Shares Outstanding | 963.41 M | ||||
| Shares Owned By Insiders | 0.20 % | ||||
| Shares Owned By Institutions | 82.21 % | ||||
| Number Of Shares Shorted | 44.66 M | ||||
| Price To Earning | 9.89 X | ||||
| Price To Sales | 0.66 X | ||||
| Revenue | 53.72 B | ||||
| Gross Profit | 11.51 B | ||||
| EBITDA | 4.46 B | ||||
| Net Income | 3.26 B | ||||
| Cash And Equivalents | 3.15 B | ||||
| Cash Per Share | 3.15 X | ||||
| Total Debt | 10.74 B | ||||
| Debt To Equity | 0.88 % | ||||
| Current Ratio | 0.76 X | ||||
| Book Value Per Share | (1.44) X | ||||
| Cash Flow From Operations | 3.57 B | ||||
| Short Ratio | 7.43 X | ||||
| Earnings Per Share | 2.85 X | ||||
| Price To Earnings To Growth | 4.01 X | ||||
| Target Price | 35.45 | ||||
| Number Of Employees | 58 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 35.34 B | ||||
| Total Asset | 37 B | ||||
| Retained Earnings | (2.36 B) | ||||
| Working Capital | (6.51 B) | ||||
| Current Asset | 18.47 B | ||||
| Current Liabilities | 18.81 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.90 % | ||||
| Net Asset | 37 B | ||||
| Last Dividend Paid | 1.09 |
About HP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HP Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HP Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with HP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HP will appreciate offsetting losses from the drop in the long position's value.Moving together with HP Stock
Moving against HP Stock
| 0.69 | ADBE | Adobe Systems Fiscal Year End 11th of December 2024 | PairCorr |
| 0.65 | ENPH | Enphase Energy | PairCorr |
| 0.64 | FRGT | Freight Technologies | PairCorr |
| 0.53 | FSLR | First Solar | PairCorr |
| 0.53 | SEDG | SolarEdge Technologies | PairCorr |
The ability to find closely correlated positions to HP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HP Inc to buy it.
The correlation of HP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HP Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for HP Stock Analysis
When running HP's price analysis, check to measure HP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HP is operating at the current time. Most of HP's value examination focuses on studying past and present price action to predict the probability of HP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HP's price. Additionally, you may evaluate how the addition of HP to your portfolios can decrease your overall portfolio volatility.