Aug 31, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Computer Hardware industry with the lowest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Hewlett-Packard (NYSE:HPQ - Analyst Report) has the lowest with EBITDA Growth of -4.4%; Dell (NASDAQ:DELL - Analyst Report) is next with EBITDA Growth of 4.0%; and Concurrent Computer (NASDAQ:CCUR - Snapshot Report) has the next lowest with EBITDA Growth of 29.3%.

Apple (NASDAQ:AAPL - Analyst Report) follows with EBITDA Growth of 35.4% and Diebold (NYSE:DBD - Snapshot Report) rounds out the group with EBITDA Growth of 45.5%.

SmarTrend currently has shares of Hewlett-Packard in an Downtrend and issued the Downtrend alert on February 23, 2011 at $43.15. The stock has fallen 39.6% since the Downtrend alert was issued.