Hewlett Packard Enterprise Co (HPE) is overvalued and Motorola Solutions Inc (MSI) is undervalued.
Against our estimates of intrinsic value, MSI trades at the wider discount: a margin of safety of +24%, against -5467% for HPE.
Values as of the 22 Sept 2026 close.
Its through-the-cycle earnings (4.2% median margin), capitalised at 10.4% with no growth, values the shares at $1.10; the price of $61.03 is 5467% above that value.
Leak Score 33/100 on 10 of 12 signals
A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $602.32; the price of $456.70 is 24% below that value.
Leak Score 90/100 on 9 of 12 signals
| Metric | HPE | MSI |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $61.03 | $456.70 |
| Intrinsic value | $1.10 | $602.32 |
| Margin of safety | -5467% | +24% |
| Leak Score | 33/100 (10/12) | 90/100 (9/12) |
| Market cap | $81.0B | $75.6B |
| Revenue growth, 5 years | 5.0% | 9.5% |
| Operating margin | 8.0% | 25.3% |
| Net margin | 6.4% | 17.4% |
| Return on equity | 11.0% | 92.0% |
| Debt to equity | 0.76 | 3.60 |
| P/E | 31.8x | 36.0x |
| Forward P/E | 13.3x | 23.8x |
| P/B | 3.1x | 28.3x |
| Dividend yield | 0.9% | 1.0% |