What is Hewlett Packard Enterprise Co worth?
With the base-case assumptions below, a discounted cash flow model on Hewlett Packard Enterprise Co's reported free cash flow gives -$1.29 per share. The share price was $62.94 on September 25, 2026, 4,977% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | -$4.63 | -107% |
| Base | 5.0% | 9.0% | -$1.29 | -102% |
| Bull | 10.0% | 8.0% | $4.94 | -92% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $1.10 | $1.83 | $2.71 | $3.83 | $5.25 |
| 8.0% | -$0.68 | -$0.21 | $0.35 | $1.02 | $1.83 |
| 9.0% | -$1.99 | -$1.66 | -$1.29 | -$0.86 | -$0.34 |
| 10.0% | -$2.98 | -$2.75 | -$2.49 | -$2.19 | -$1.85 |
| 11.0% | -$3.76 | -$3.59 | -$3.40 | -$3.19 | -$2.95 |
Where the presets come from
Base: years 1 to 5 grow at Hewlett Packard Enterprise Co's revenue growth rate over the last 5 fiscal years (4.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions