Hudhud is proclaimed by UNESCO as a masterpiece of oral and intangible heritage of humanity and which needs to be preserved as a record of cultural identity. This literary ethnographic study is focused on the analysis of the theme and form of Hudhud of Dinulawan and Bugan at Gonhadan published by Francis Lambrecht in 1967. The study determines and assesses the aesthetic and cultural values of the Ifugao ethno-epic, shedding light on the essence of the chant in connection to their cosmos, history, behavior, socio-political and cultural laws, beliefs, traditions and practices.