WinstonWınston
Back
Stock

Hewlett Packard Enterprise Company

2HP.DE
49
Computer Hardware · Technology
Price
€63.76
+0.08 (+0.13%)
Market Cap
€84.43B
Exchange
Frankfurt Stock Exchange
Winston Score
49
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Oct 10, 2026 · filings through Jul 31, 2026

§How the score breaks down

Quality
Mixed
12/30
Growth
Good
13/20
Cash Flow
Strong
8/10
Stability
Good
6/10
Valuation
Good
6/10
Ownership
Weak
2/15
Dividends
Mixed
2/5

49 of 100 counted points = Winston Score 49.

Track this stock — start free trial

§Winston Score History

The full picture

Hewlett Packard Enterprise (HPE) sells technology equipment and services to businesses and governments, not regular consumers. Its main products include servers, data storage systems, and networking gear — the hardware that companies use to run their own data centers. HPE also offers cloud computing services and software to help organizations manage their IT infrastructure.

HPE makes money by selling hardware upfront and through ongoing service contracts, software subscriptions, and financing arrangements. It operates globally, with significant revenue from North America, Europe, and Asia-Pacific, and reported roughly $32 billion in annual revenue. Its competitive position relies on long-standing relationships with large enterprise customers and a broad product portfolio, though it faces intense competition from Dell, Cisco, and cloud providers like AWS that reduce demand for on-premise hardware. The key growth driver is its GreenLake platform, which lets customers pay for on-site hardware like a cloud subscription — but slowing enterprise IT spending remains a persistent risk.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+32.9% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+433.3% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$2.5B/ year

↑ Rising (+12% vs prior year)

7.3% of revenue

Below sector average (15%)

R&D investment increasing — building for the future

Insider Activity

0.5%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$12.1B cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Hewlett Packard Enterprise Company grew revenue 33% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

−0.5% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 1.33B (2021) → 1.32B (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
40.1%
Healthy — 40.1% gross margin
Profit after running costs
Operating Margin
12.0%
Modest — 12.0% operating margin
Return on the money invested
ROCE
6.1%
Weak — 6.1% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+26.4%
Fast-growing sales (+26.4% YoY)
Profit growth
EPS YoY
+132.6%
Earnings growing fast (+132.6% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
240%
Turns 240% of profit into real cash
Spare cash per sale
FCF Margin
9.9%
Modest free cash flow (9.9%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.76
Moderate — manageable debt (0.76)
Covers its interest
Interest Cover
5.32x
Adequate interest coverage (5.3x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
31.9x
Pricey — P/E 31.9

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+18.0
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (31.9 → 13.9)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
0.89%
Small dividend — 0.89% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record
Dividend Growth
+5.7%
Dividend growing modestly (5.7% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial