Federal Realty Investment Trust
$14.95B- Market cap
- $10.12B
- Debt
- +$4.94B
- Cash
- −$107.42M
Capital structure 67% equity / 33% debt · EV / Revenue 11.69x · EV / EBITDA 19.50x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: FRT stock price vs HPE: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HPE's multiple
Needs HPE P/E.
Implied fair value · at FRT's multiple
Needs EPS (TTM) is negative, FRT P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: FRT FY 2025 (ended Dec 31, 2025) · HPE FY 2025 (ended Oct 31, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 67% equity / 33% debt · EV / Revenue 11.69x · EV / EBITDA 19.50x
Capital structure 75% equity / 25% debt · EV / Revenue 2.50x · EV / EBITDA 18.86x
HPE carries the larger enterprise value at $85.66B against $14.95B; HPE trades on the lower EV / Revenue multiple (2.50x vs 11.69x); HPE on the lower EV / EBITDA (18.86x vs 19.50x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
FEDERAL REALTY INVESTMENT TRUST · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
HEWLETT PACKARD ENTERPRISE COMPANY · implied price per share
Bear
-$1.28
Base
$0.93
Bull
$3.91
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.52x
0.91x
Net debt / EBITDA
Leverage against operating earnings
6.31x
3.66x
Cash and equivalents
Liquid reserves on the balance sheet
$107.42M
$5.77B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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FRT vs REG
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FRT vs BRX
SIMON PROPERTY GROUP INC /DE/
FRT vs SPG
CISCO SYSTEMS, INC.
FRT vs CSCO
International Business Machines Corporation
FRT vs IBM
JUNIPER NETWORKS INC
FRT vs JNPR
Arista Networks, Inc.
FRT vs ANET
NetApp, Inc.
FRT vs NTAP
$4.94B
$22.40B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe FRT should continue to trade near the top of its historical band despite a much richer P/S multiple than HPE, then hold or avoid adding because HPE-based valuation points to material downside.
FRT’s current price of $125.59 sits far above HPE-implied value of $26.74, implying -78.7% downside on this comparison framework. The gap is driven by FRT’s much richer sales multiple versus HPE, even though HPE has stronger revenue growth and a lower valuation on most sales-based metrics.
Supporting Metrics