HPE vs NTAP vs P Stock Comparison

Hewlett Packard Enterprise, NetApp and Everpure Prices as of Oct 23, 2026 Peers: Industry group
NTAP NetApp, Inc.
$215.48 +9.8% 1M +82.9% 1Y
Market cap
$43.53B
P/E
30.7x
Revenue (TTM)
$7.39B
Div. yield
–
Server and Storage Hardware Technology
4 wins
P Everpure, Inc.
$123.36 +12.4% 1M +31.8% 1Y
Market cap
$43.68B
P/E
172.5x
Revenue (TTM)
$4.26B
Div. yield
–
Server and Storage Hardware Technology
2 wins

Head to Head

11 decided of 12

Hewlett Packard Enterprise leads on 5 of the 12 questions below (Hewlett Packard Enterprise 5, NetApp 4, Everpure 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHPENTAPPLeader
Larger companyMarket capitalisation $78.30B $43.53B $43.68B HPE
Cheaper on earningsLower P/E, profitable companies only 28.3x 30.7x 172.5x HPE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.1x 20.5x 41.7x HPE
Faster revenue growthRevenue growth, trailing twelve months +26.6% +12.2% +27.2% P
More profitableNet margin, trailing twelve months 6.6% 19.2% 5.9% NTAP
Better return on capitalReturn on invested capital 5.6% 36.7% — NTAP
Less leveragedLower net debt / EBITDA 2.3x -0.5x — NTAP
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +144.5% +82.9% +31.8% HPE
Better 5-year returnAnnualised price return, 5 years +29.9%/yr +18.3%/yr +36.1%/yr P
Less volatileAnnualised volatility, 1 year 58.0% 44.7% 72.6% NTAP
Higher overall scoreMean of the five percentile scores vs peers 63/100 57/100 51/100 HPE

Percentile Scorecard

HPENTAPP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHPENTAPP
Valuation 78 #25 of 112 43 #64 of 112 19 #91 of 112
Growth 91 #11 of 109 52 #53 of 109 78 #25 of 109
Profitability 61 #42 of 105 91 #10 of 105 64 #39 of 105
Financial Health 18 #96 of 117 28 #85 of 117 34 #78 of 117
Shareholder Returns 67 #28 of 82 70 #25 of 82 61 #33 of 82
Overall 63 57 51
  • HPE ranked among 122 companies in Computer Hardware
  • NTAP ranked among 122 companies in Computer Hardware
  • P ranked among 122 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHPENTAPPSPY
1 month -9.1%+9.8%+12.4% -1.0%
3 months +18.8%+28.5%+65.4% +2.9%
6 months +101.3%+98.2%+72.7% +6.4%
Year to date +136.1%+101.2%+84.1% +11.4%
1 year +144.5%+82.9%+31.8% +13.1%
3 years +270.8%+191.8%+263.1% +79.4%
3 years, per year +54.8%+42.9%+53.8% +21.5%
5 years +269.1%+131.7%+366.7% +67.7%
5 years, per year +29.9%+18.3%+36.1% +10.9%
10 years +351.1%+535.3%+886.9% +255.2%
10 years, per year +16.3%+20.3%+25.7% +13.5%

Risk

MeasureHPENTAPPSPY
Volatility, 1Y 58.0%44.7%72.6% 12.7%
Downside volatility, 1Y 53.2%38.6%82.7% 12.7%
Beta vs S&P 500, 1Y 2.101.342.58 1.00
Return / volatility, 1Y 2.491.860.44 1.03
Max drawdown, 5Y -48.8%-43.5%-48.6% -25.4%
From 52-week high -22.8%-9.9%-21.4% -2.5%
52-week high $73.46$239.18$156.95 $779.14
52-week low $20.00$94.11$56.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHPENTAPP
P/E now vs peer median 27.4xmedian 31.3x 29.8xmedian 31.3x 162.2xmedian 31.3x
P/S now vs peer median 1.8xmedian 2.6x 5.7xmedian 2.6x 9.6xmedian 2.6x
EV/EBITDA now vs peer median 14.7xmedian 19.6x 20.3xmedian 19.6x 104.4xmedian 19.6x
P/FCF now vs peer median 18.1xmedian 28.3x 25.6xmedian 28.3x 320.7xmedian 28.3x
P/B now vs peer median 2.8xmedian 2.9x 28.3xmedian 2.9x 26.7xmedian 2.9x
PEG now vs peer median 0.84median 1.15 3.63median 1.15 0.29median 1.15

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHPENTAPP
Revenue $41.87B $7.39B $4.26B
Gross profit $15.41B $5.22B $2.97B
Operating income $2.60B $1.85B $224.21M
Net income $2.79B $1.42B $253.29M
Free cash flow $4.16B $1.65B $128.17M
R&D $3.71B $1.02B $1.05B
EPS (diluted) $1.91 $7.09 $0.73
Cash & equivalents $6.22B $1.57B $385.69M
Total debt $79.82B $9.95B –
Shares (diluted) 1.45B 200.00M 345.59M
Enterprise value $56.17B $26.35B $38.09B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHPENTAPP
P/E 27.4x 29.8x 162.2x
P/FCF 18.1x 25.6x 320.7x
P/Operating cash flow 11.2x 22.3x 96.1x
P/S 1.8x 5.7x 9.6x
P/B 2.8x 28.3x 26.7x
P/Tangible book 3.6x 29.0x 27.1x
EV/EBITDA 14.7x 20.3x 104.4x
EV/EBIT 34.3x 22.3x 178.8x
EV/Revenue 2.1x 5.6x 9.4x
EV/FCF 21.5x 24.9x 312.9x
EV/Operating cash flow 13.3x 21.7x 93.7x
PEG (3Y EPS CAGR) 0.84 3.63 0.29

Growth

14 metrics
MetricHPENTAPP
Revenue growth (1Y) 26.6% 12.2% 27.2%
Revenue CAGR (3Y) 12.2% 6.0% 15.5%
Gross profit growth (1Y) 71.5% 13.2% 28.3%
Gross profit CAGR (3Y) 13.3% 7.9% 15.5%
Operating income growth (1Y) 885.6% 35.6% 195.6%
Operating income CAGR (3Y) 27.9% 25.3% 277.6%
Net income growth (1Y) 123.6% 21.1% 82.0%
Net income CAGR (3Y) 37.3% 5.5% 574.2%
EPS growth (1Y) 122.2% 22.9% 77.8%
EPS CAGR (3Y) 32.5% 8.2% 550.0%
Operating cash flow growth (1Y) 169.5% 3.2% -46.6%
Operating cash flow CAGR (3Y) 13.1% 14.0% -13.6%
Free cash flow growth (1Y) 1,747% -0.5% -76.7%
Free cash flow CAGR (3Y) 41.5% 15.5% -34.5%

Profitability

14 metrics
MetricHPENTAPP
Gross margin 36.8% 70.6% 69.7%
EBITDA margin 14.5% 27.5% 9.0%
Operating margin 6.2% 25.0% 5.3%
Pretax margin 6.3% 24.7% 6.6%
Net margin 6.6% 19.2% 5.9%
FCF margin 9.9% 22.3% 3.0%
Operating cash flow margin 16.0% 25.7% 10.0%
Return on equity 10.7% 99.6% 17.0%
Return on assets 3.4% 13.1% 5.1%
Return on invested capital 5.6% 36.7% –
Return on capital employed 5.1% 29.4% 8.0%
Asset turnover 0.5x 0.7x 0.9x
Cash conversion (OCF / net income) 2.4x 1.3x 1.7x
Stock comp / revenue 1.9% 5.4% 12.9%

Financial Health

11 metrics
MetricHPENTAPP
Debt / assets 24.2% 22.7% –
Debt / equity 0.8x 1.7x –
Net debt / EBITDA 2.3x -0.5x –
Debt / FCF 4.9x 1.5x –
Liabilities / assets 68.2% 86.4% 70.5%
Equity / assets 31.8% 13.6% 29.5%
Interest coverage – – –
Current ratio 1.1x 1.2x 1.5x
Quick ratio 0.4x 1.0x 1.3x
Cash ratio 0.2x 0.8x 0.5x
Altman Z-score 1.43 4.06 7.63

Shareholder Returns

7 metrics
MetricHPENTAPP
Dividend yield 1.0% 1.0% –
Net buyback yield 0.7% 1.8% 0.6%
Shareholder yield 1.7% 2.7% 0.6%
Payout ratio (earnings) 26.5% – –
Payout ratio (FCF) 17.8% – –
Dividend growth (1Y) 8.4% – –
Dividend CAGR (3Y) 6.1% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHPENTAPP
Forward P/E 14.1xFY2026 20.5xFY2026 41.7xFY2026
EPS, next fiscal year $4.03FY2026 $10.49FY2026 $2.96FY2026
EPS growth, next FY +107.7%FY2026 +29.0%FY2026 +43.7%FY2026
EPS growth, the year after +19.4% +8.5% +48.0%
Revenue, next fiscal year $49.18BFY2026 $8.49BFY2026 $4.74BFY2026
Revenue growth, next FY +43.4%FY2026 +22.7%FY2026 +29.5%FY2026
Revenue growth, the year after +14.2% +8.4% +41.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHPENTAPP
Held by institutions 88.5% 97.4% 83.0%
Institutions holding 1,438 959 804
Change in shares held, QoQ -1.5% -1.0% +2.2%
Institutions buying 869 501 442
Institutions selling 411 336 259
Buyers to sellers 2.11 1.49 1.71

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HPENTAPP
HPE 1.00 0.64 0.48
NTAP 0.64 1.00 0.55
P 0.48 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HPE, NTAP and P?

Hewlett Packard Enterprise (HPE) is the largest by market capitalisation: Hewlett Packard Enterprise (HPE) $78.30B, NetApp (NTAP) $43.53B, Everpure (P) $43.68B.

Which stock is cheaper, HPE, NTAP and P?

Hewlett Packard Enterprise (HPE) trades on the lowest price-to-earnings ratio (Hewlett Packard Enterprise (HPE) 28.3x, NetApp (NTAP) 30.7x, Everpure (P) 172.5x). On next year's consensus earnings, Hewlett Packard Enterprise (HPE) is cheapest (Hewlett Packard Enterprise (HPE) 14.1x, NetApp (NTAP) 20.5x, Everpure (P) 41.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Everpure (P) grew revenue fastest over the trailing twelve months: Hewlett Packard Enterprise (HPE) +26.6%, NetApp (NTAP) +12.2%, Everpure (P) +27.2%.

Which company is more profitable?

NetApp (NTAP) has the highest net margin (Hewlett Packard Enterprise (HPE) 6.6%, NetApp (NTAP) 19.2%, Everpure (P) 5.9%). On return on invested capital, NetApp (NTAP) leads (Hewlett Packard Enterprise (HPE) 5.6%, NetApp (NTAP) 36.7%).

Which stock has performed better?

Over the past year Hewlett Packard Enterprise (HPE) returned the most: Hewlett Packard Enterprise (HPE) +144.5%, NetApp (NTAP) +82.9%, Everpure (P) +31.8%. Over five years, Everpure (P) compounded fastest (Hewlett Packard Enterprise (HPE) +29.9%/yr, NetApp (NTAP) +18.3%/yr, Everpure (P) +36.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hewlett Packard Enterprise (HPE) 0.01%, NetApp (NTAP) 0.00%, Everpure (P) 0.00%. NetApp (NTAP) and Everpure (P) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, NetApp (NTAP) has been the steadiest (Hewlett Packard Enterprise (HPE) 58.0%, NetApp (NTAP) 44.7%, Everpure (P) 72.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HPE, NTAP and P?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hewlett Packard Enterprise (HPE) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.