{"id":1757,"date":"2010-08-31T15:40:49","date_gmt":"2010-08-31T19:40:49","guid":{"rendered":"http:\/\/www.credittrends.com\/blog\/?p=1757"},"modified":"2010-09-01T13:32:03","modified_gmt":"2010-09-01T17:32:03","slug":"hpq-current-fair-value","status":"publish","type":"post","link":"https:\/\/www.credittrends.com\/blog\/2010\/08\/31\/hpq-current-fair-value\/","title":{"rendered":"HPQ Current Fair Value"},"content":{"rendered":"<p>The current fair value of Hewlett-Packard has been reduced to $43.52, based on our current free cash flow estimates, which includes various adjustments to cash flow from operating activities.<\/p>\n<p><!--more--><\/p>\n<p>The table below shows a blended rate whereas at CT Capital, our credit model indicates a 8.75% cost of capital is the most appropriate, and results in a fair valuation of $42.62. This is about 13% lower than a month ago and is due to the resignation of an important executive and the buyback announcement of yesterday.<\/p>\n<p>HPQ Fair Value<\/p>\n<p><a href=\"http:\/\/www.credittrends.com\/blog\/wp-content\/uploads\/2010\/08\/HPQ-NPV-08-31-20101.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1764 lazyload\" title=\"HPQ NPV - 08-31-2010\" data-src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/uploads\/2010\/08\/HPQ-NPV-08-31-20101.jpg\" alt=\"\" width=\"207\" height=\"206\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 207px; --smush-placeholder-aspect-ratio: 207\/206;\" \/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1764\" title=\"HPQ NPV - 08-31-2010\" src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/uploads\/2010\/08\/HPQ-NPV-08-31-20101.jpg\" alt=\"\" width=\"207\" height=\"206\" \/><\/noscript><\/a><\/p>\n<p>Related articles:<\/p>\n<ul>\n<li><a href=\"http:\/\/www.credittrends.com\/blog\/2010\/08\/29\/cnn-money-article-3par-bidding-war-are-dell-and-hp-crazy\/\">3PAR bidding war: Are Dell and HP crazy<\/a><\/li>\n<li><a href=\"http:\/\/www.credittrends.com\/blog\/2010\/08\/27\/hewlett-packard-hpq-fair-value-estimate\/\">Hewlett-Packard (HPQ) Fair Value Estimate<\/a><\/li>\n<li><a title=\"Permanent Link to Comment on HPQ\" rel=\"bookmark\" href=\"http:\/\/www.credittrends.com\/blog\/2010\/08\/26\/comment-on-hpq\/\">Comment on HPQ<\/a><\/li>\n<li><a href=\"http:\/\/www.credittrends.com\/blog\/2010\/08\/25\/hpq-business-acquisitions-and-share-buybacks\/\">HPQ, Business Acquisitions, and Share Buybacks<\/a><\/li>\n<\/ul>\n<p>Disclosure: No positions<\/p>\n<p><a href=\"http:\/\/www.credittrends.com\/blog\/about\/\">Kenneth S. Hackel<\/a>, CFA<br \/>\nPresident<br \/>\n<a href=\"http:\/\/www.credittrends.com\/blog\/ct-capital-llc\/\">CT Capital LLC<\/a><\/p>\n<p><a href=\"http:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=CreditTrends&amp;loc=en_US\">Subscribe to CreditTrends.com by Email<\/a><\/p>\n<p><a href=\"http:\/\/www.amazon.com\/gp\/product\/0071744355?ie=UTF8&amp;tag=credtren-20&amp;linkCode=shr&amp;camp=213733&amp;adid=0VR08J2ZHP6QA42KSCDA&amp;creative=393185&amp;creativeASIN=0071744355\"><img loading=\"lazy\" decoding=\"async\" title=\"Security Valuation and Risk Analysis: Assessing Value in Investment Decision-Making\" data-src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/uploads\/2010\/07\/Kens-Book4.jpg\" alt=\"\" width=\"96\" height=\"136\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" style=\"--smush-placeholder-width: 96px; --smush-placeholder-aspect-ratio: 96\/136;\" \/><noscript><img loading=\"lazy\" decoding=\"async\" title=\"Security Valuation and Risk Analysis: Assessing Value in Investment Decision-Making\" src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/uploads\/2010\/07\/Kens-Book4.jpg\" alt=\"\" width=\"96\" height=\"136\" \/><\/noscript> <\/a><\/p>\n<p>If you are interested in learning\u00a0more about cash flow, financial structure and valuation, order \u201c<a href=\"http:\/\/www.amazon.com\/gp\/product\/0071744355?ie=UTF8&amp;tag=credtren-20&amp;linkCode=shr&amp;camp=213733&amp;adid=0VR08J2ZHP6QA42KSCDA&amp;creative=393185&amp;creativeASIN=0071744355\">Security Valuation and Risk Analysis<\/a>\u201d out this fall from McGraw-Hill.<\/p>\n<p class=\"facebook\"><a href=\"http:\/\/www.facebook.com\/share.php?u=https:\/\/www.credittrends.com\/blog\/2010\/08\/31\/hpq-current-fair-value\/\" target=\"_blank\" title=\"Share on Facebook\">Share on Facebook<\/a><\/p><div class=\"tweetthis\" style=\"text-align:left;\"><p> <a class=\"tt\" href=\"http:\/\/twitter.com\/home\/?status=HPQ+Current+Fair+Value+https%3A%2F%2Fwww.credittrends.com%2Fblog%2F%3Fp%3D1757\" title=\"Post to Twitter\"><img decoding=\"async\" class=\"nothumb lazyload\" data-src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/plugins\/tweet-this\/icons\/en\/twitter\/tt-twitter.png\" alt=\"Post to Twitter\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" \/><noscript><img decoding=\"async\" class=\"nothumb\" src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/plugins\/tweet-this\/icons\/en\/twitter\/tt-twitter.png\" alt=\"Post to Twitter\" \/><\/noscript><\/a> <a class=\"tt\" href=\"http:\/\/twitter.com\/home\/?status=HPQ+Current+Fair+Value+https%3A%2F%2Fwww.credittrends.com%2Fblog%2F%3Fp%3D1757\" title=\"Post to Twitter\">Tweet This Post<\/a><\/p><\/div><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The current fair value of Hewlett-Packard has been reduced to $43.52, based on our current free cash flow estimates, which includes various adjustments to cash flow from operating activities. Share on Facebook Tweet This Post<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n<p class=\"facebook\"><a href=\"http:\/\/www.facebook.com\/share.php?u=https:\/\/www.credittrends.com\/blog\/2010\/08\/31\/hpq-current-fair-value\/\" target=\"_blank\" title=\"Share on Facebook\">Share on Facebook<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1757","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts\/1757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/comments?post=1757"}],"version-history":[{"count":4,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts\/1757\/revisions"}],"predecessor-version":[{"id":1762,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts\/1757\/revisions\/1762"}],"wp:attachment":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/media?parent=1757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/categories?post=1757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/tags?post=1757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}