Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Hewlett Packard Enterprise Company
Physical assets are 18.3% of total assets, a light footprint. Capex is 0.84x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash.
Technology and communication names are often asset-light, with fixed-asset turnover above 5x. This name is at 4.55x.
Physical asset ratio
18.3%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
4.55x
Revenue per dollar of the physical asset base.
Capex / D&A
0.84x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-BRL 22.15
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—
Price BRL 292.05.
Fixed-charge coverage
—
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
0.2%
Latest free cash flow divided by current market cap (BRL 407.08B).
ROIC
—
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is -0.03x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2019 | 8.4% | 14.79x | 1.13x | -BRL 1.77 | — | BRL 1.14B | 7.1% | 1.45x |
| 2020 | 17.1% | 4.12x | 0.91x | -BRL 2.35 | 1.44x | -BRL 143.00M | — | 0.23x |
| 2021 | 19.1% | 4.28x | 0.96x | BRL 0.53 | 3.39x | BRL 3.37B | 7.1% | 0.34x |
| 2022 | 20.7% | 4.29x | 1.26x | BRL 1.38 | 1.64x | BRL 1.47B | 7.6% | 0.33x |
| 2023 | 20.3% | 4.18x | 1.08x | BRL 2.02 | 2.35x | BRL 1.60B | 6.7% | 0.31x |
| 2024 | 20.9% | 4.26x | 0.92x | BRL 4.84 | 3.02x | BRL 1.97B | 9.0% | 0.41x |
| 2025 | 18.3% | 4.55x | 0.84x | -BRL 22.15 | — | BRL 627.00M | — | -0.03x |
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: BRL 7.54B
Inventory: BRL 6.35B
Total assets: BRL 75.91B
Goodwill: BRL 23.77B
Intangibles: BRL 30.14B
Liabilities: BRL 51.22B
Tangible book: -BRL 29.22B
Shares: 1,319,000,000
Revenue: BRL 34.30B
Capex: BRL 2.29B
D&A: BRL 2.74B
EBITDA: BRL 4.38B
Interest: —
Short-term debt: BRL 813.00M
Free cash flow: BRL 627.00M
Operating income: -BRL 242.00M
Invested capital: BRL 41.28B
Tax rate: —