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HPE vs. LITE: Hewlett Packard Enterprise vs. Lumentum Stock Comparison

How do Hewlett Packard Enterprise (HPE) and Lumentum (LITE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Hewlett Packard Enterprise (HPE) and Lumentum (LITE) both fall under the Technology Hardware & Equipment industry group, but HPE is classified in Technology Hardware, Storage & Peripherals while LITE is classified in Communications Equipment.

Company profile comparison for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
Profile ItemHPELITE
NameHewlett Packard Enterprise CompanyLumentum Holdings Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & PeripheralsCommunications Equipment
GICS Sub-IndustryTechnology Hardware, Storage & PeripheralsCommunications Equipment
Market Capitalization59.43 billion USD48.84 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateOctober 19, 2015July 23, 2015
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

HPE
LITE
GSPC
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Hewlett Packard Enterprise (HPE) and Lumentum (LITE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Hewlett Packard Enterprise (HPE) and Lumentum (LITE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
Total Return (1Y)110.12%150.31%
Total Return (3Y, Annualized)49.38%147.76%
Total Return (5Y, Annualized)28.98%45.47%

Risk Profile

Drawdown History

HPE
LITE
GSPC
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Hewlett Packard Enterprise (HPE) and Lumentum (LITE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
Volatility (1Y, Annualized)61.60%101.27%
Beta (5Y)1.491.73
Max Drawdown (5Y)-48.36%-66.48%
Avg. Volume (3M)20.47M5.27M

Risk-Adjusted Performance

Risk-Return Positioning

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HPE and LITE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
Sharpe Ratio (1Y)1.721.44
Sortino Ratio (1Y)2.762.14

Profitability

ROE (TTM)

Lumentum (LITE) reports a negative ROE of -245.79%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Hewlett Packard Enterprise (HPE) reports 10.94%, ranking against industry peers normally.

HPE

Technology Hardware & Equipment industry group

10.94%

Max
42.47%
Q3
19.13%
Median
11.00%
HPE
10.94%
Q1
1.63%
Min
-20.62%

LITE

Technology Hardware & Equipment industry group

-245.79%

Max
42.47%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
LITE
-245.79%
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Lumentum (LITE) reports a negative net margin of -175.78%, usually indicating a net loss over the period. Meanwhile Hewlett Packard Enterprise (HPE) reports 6.67%, ranking against industry peers normally.

HPE

Technology Hardware & Equipment industry group

6.67%

Max
27.60%
Q3
11.66%
HPE
6.67%
Median
4.08%
Q1
0.00%
Min
-11.02%

LITE

Technology Hardware & Equipment industry group

-175.78%

Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
LITE
-175.78%
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Lumentum (LITE) at 27.95% operates in the top operating margin quartile, ahead of Hewlett Packard Enterprise (HPE) at 12.56%, which runs around its industry’s norm.

HPE

Technology Hardware & Equipment industry group

12.56%

Max
36.27%
Q3
18.36%
HPE
12.56%
Median
8.84%
Q1
1.46%
Min
-21.39%

LITE

Technology Hardware & Equipment industry group

27.95%

Max
36.27%
LITE
27.95%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
ROE (TTM)10.94%-245.79%
ROA (TTM)2.64%9.19%
Net Margin (TTM)6.67%-175.78%
Operating Margin (TTM)12.56%27.95%
Gross Margin (TTM)36.62%47.98%

Growth

Revenue Growth

Lumentum (LITE) at 83.22% clears its industry range for revenue growth, far stronger top-line momentum than Hewlett Packard Enterprise (HPE) at 13.84%, which is closer to a typical peer reading.

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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither side shows strong earnings momentum: Hewlett Packard Enterprise (HPE) at -102.07% sits in the bottom EPS growth quartile, and Lumentum (LITE) at -25,224.32% is weaker still, below its industry range.

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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
Revenue Growth (YoY)13.84%83.22%
Revenue Growth (3Y CAGR)6.37%19.48%
EPS Growth (YoY)-102.07%-25,224.32%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Lumentum (LITE) at 1.61 keeps current ratio within its industry’s typical mid-range, while Hewlett Packard Enterprise (HPE) at 1.11 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPE.

HPE

Technology Hardware & Equipment industry group

1.11

Max
5.34
Q3
3.02
Median
1.95
Q1
1.32
HPE
1.11
Min
0.17

LITE

Technology Hardware & Equipment industry group

1.61

Max
5.34
Q3
3.02
Median
1.95
LITE
1.61
Q1
1.32
Min
0.17
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Hewlett Packard Enterprise (HPE) at 0.76 and Lumentum (LITE) at 0.31 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

HPE

Technology Hardware & Equipment industry group

0.76

Max
1.76
Q3
0.78
HPE
0.76
Median
0.24
Q1
0.04
Min
0.01

LITE

Technology Hardware & Equipment industry group

0.31

Max
1.76
Q3
0.78
LITE
0.31
Median
0.24
Q1
0.04
Min
0.01
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
Current Ratio (MRQ)1.111.61
Debt / Equity (MRQ)0.760.31
Net Debt / EBITDA2.05-0.48

Dividends

Dividend Yield (TTM)

Lumentum (LITE) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Hewlett Packard Enterprise (HPE) reports a yield of 1.26%, ranking against industry peers normally.

HPE

Technology Hardware & Equipment industry group

1.26%

HPE
1.26%
Max
0.73%
Q3
0.31%
Median
0.00%
Q1
0.00%
Min
0.00%

LITE

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
LITE
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Lumentum (LITE) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Hewlett Packard Enterprise (HPE) reports a payout of 28.74%, ranking against industry peers normally.

HPE

Technology Hardware & Equipment industry group

28.74%

Max
32.27%
HPE
28.74%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%

LITE

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
LITE
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
Dividend Yield (TTM)1.26%0.00%
Dividend Payout Ratio (TTM)28.74%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Hewlett Packard Enterprise (HPE) trades at 23.08 times trailing earnings, ranked against its peers, while Lumentum (LITE) has no P/E ratio this period.

HPE

Technology Hardware & Equipment industry group

23.08

Max
69.48
Q3
41.02
Median
26.39
HPE
23.08
Q1
19.36
Min
6.07

LITE

Technology Hardware & Equipment industry group

--

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
Min
6.07
LITE
--
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): LITE does not report P/E ratio, so it has no value marker; HPE is benchmarked against the Technology Hardware & Equipment industry group.

P/S Ratio (TTM)

Hewlett Packard Enterprise (HPE) at 1.42 prices around its industry’s typical P/S ratio, while Lumentum (LITE) at 13.05 clears its benchmark range — LITE looks notably rich on sales.

HPE

Technology Hardware & Equipment industry group

1.42

Max
11.30
Q3
5.82
Median
2.56
HPE
1.42
Q1
1.05
Min
0.00

LITE

Technology Hardware & Equipment industry group

13.05

LITE
13.05
Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Hewlett Packard Enterprise (HPE) at 2.24 is valued about in line with its industry on P/B ratio, while Lumentum (LITE) at 10.67 carries an above-peer premium to book — LITE is pricier on assets.

HPE

Technology Hardware & Equipment industry group

2.24

Max
10.75
Q3
5.52
Median
3.17
HPE
2.24
Q1
1.79
Min
0.33

LITE

Technology Hardware & Equipment industry group

10.67

Max
10.75
LITE
10.67
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Hewlett Packard Enterprise (HPE) vs. Lumentum (LITE): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Hewlett Packard Enterprise (HPE) and Lumentum (LITE)
MetricHPELITE
P/E Ratio (TTM)23.08--
P/S Ratio (TTM)1.4213.05
P/B Ratio (MRQ)2.2410.67
Free Cash Flow Yield (TTM)7.97%0.29%