WallStSmart
HPE

Hewlett Packard Enterprise Co

NYSE: HPE · TECHNOLOGY · COMMUNICATION EQUIPMENT

$28.30
+1.25% today

Updated 2026-04-29

Market cap
$37.55B
P/E ratio
P/S ratio
1.05x
EPS (TTM)
$-0.17
Dividend yield
1.91%
52W range
$16 – $30
Volume
17.6M

Hewlett Packard Enterprise Co (HPE) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for HPE.

WallStSmart Verdict
Fairly
Valued

Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.

Smart Value Score: 52 / 100
P/E (TTM)
Not meaningful for this profile
PEG
0.85
Under 1.0 = undervalued
Margin of Safety
+80.91%
Fair value $124.72 vs $28.30
EV / EBITDA
11.5x

HPE historical valuation range

Where current P/E sits in HPE's own 5Y range.

NOW
5.1x
5Y Low
10.0x
25th
12.4x
Median
18.8x
75th
25.2x
5Y High
HPE is trading cheaper than 100% of the last 5Y.
0th percentile · Historically cheap

HPE intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$28.30
Market value
Intrinsic value
$124.72
DCF estimate
Margin of safety
+80.91%
+340.7% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

HPE valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

PEG ratio under 1.0
PEG of 0.85 indicates growth is outpacing the multiple. Traditionally a buy signal for quality compounders.
Strong margin of safety
Current price 80.9% below DCF intrinsic value estimate. Meaningful downside cushion.
Weak financial quality
Piotroski F-Score of 3/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

P/S Ratio — History

Current: 1.05x

Is HPE overvalued in 2026?

Hewlett Packard Enterprise Co (HPE) currently trades at $28.30 per share with a market capitalization of $37,549,969,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 52/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

HPE currently has no meaningful P/E ratio, which typically signals that the company is unprofitable, near breakeven, or emerging from a loss-making period. With a P/S ratio of 1.1x, the market is valuing the company primarily on its revenue rather than its earnings.

Looking at its own history, HPE is currently trading cheaper than 100% of the last 5Y on P/E. This places it in the 0th percentile of its historical range, a level that has historically coincided with attractive entry points.

Our discounted cash flow model estimates HPE's intrinsic value at $124.72 per share, against the current market price of $28.30. This implies a margin of safety of +80.91%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

Financial quality is a concern. The Piotroski F-Score of 3/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: HPE trades at a fair valuation on our framework, with a Smart Value Score of 52/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.

Frequently asked questions

Is HPE overvalued in 2026?

Based on a Smart Value Score of 52/100, HPE is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.

What is HPE's fair value?

Our DCF model estimates HPE's intrinsic value at $124.72 per share, versus the current price of $28.30. This produces a margin of safety of +80.91%.

What P/E ratio does HPE trade at?

HPE does not have a meaningful P/E ratio at this time, typically a sign of unprofitability or an ongoing earnings transition.

Is HPE a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 52/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.

How does HPE's valuation compare to its history?

On P/E, HPE currently sits in the 0th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.

What is HPE's Smart Value Score?

HPE's Smart Value Score is 52/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.