NetApp Valuation
| NTAP Stock | USD 98.66 1.73 1.78% |
Currently, NetApp appears to be undervalued. NetApp Inc has a current Real Value of $109.67 per share. The current price of NetApp is $98.66. Our model computes the value of NetApp Inc from analyzing NetApp fundamentals such as Current Valuation of 18.85 B, profit margin of 0.18 %, and Return On Equity of 1.13 as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting NetApp's valuation include:
Price Book 16.5175 | Enterprise Value | Enterprise Value Ebitda 10.5325 | Price Sales 2.9126 | Forward PE 11.1359 |
Undervalued
Today
Please note that NetApp's price fluctuation is Very Low at this time. Calculation of the real value of NetApp Inc is based on 3 months time horizon. Increasing NetApp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
NetApp's intrinsic value may or may not be the same as its current market price of 98.66, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 98.66 | Real 109.67 | Target 117.93 | Hype 99.29 | Naive 96.86 |
The real value of NetApp Stock, also known as its intrinsic value, is the underlying worth of NetApp Inc Company, which is reflected in its stock price. It is based on NetApp's financial performance, growth prospects, management team, or industry conditions.
Estimating the potential upside or downside of NetApp Inc helps investors to forecast how NetApp stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NetApp more accurately as.Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. Some money managers use NetApp's intrinsic value based on ongoing forecasts of NetApp's financial statements.
Currently, Cash is projected to increase significantly based on multi-year reporting trends. In the prior fiscal year, Cash was reported at 3.15 Billion. As of now, The current year's Accounts Payable is projected to rise to approximately 617 M, whereas Change To Account Receivables is projected to grow to slightly above -239.3 M.NetApp Cash | 1.97 Billion |
NetApp Revenue by Product
NetApp Total Value Analysis
From a capital-structure perspective, NetApp Inc is being framed with enterprise value of 18.85 B, market capitalization of 19.54 B, debt obligations near 3.49 B, and cash resources of 3.45 B. That snapshot should be treated as one valuation lens rather than as final proof of fair value because the interpretation can shift quickly when financing assumptions change.| Takeover Price | Market Cap | Debt Obligations | Cash |
18.85 B | 19.54 B | 3.49 B | 3.45 B |
NetApp Investor Information
About 100.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.11. NetApp Inc recorded earning per share (EPS) of 5.96. The company last dividend was issued on the 2nd of April 2026. The firm completed a 2:1 stock split on 23rd of March 2000. NetApp Inc demonstrates evolving financial positioning based on liquidity, leverage, and earnings indicators. Profitability levels reflect stable operating returns across recent reporting periods. In technology businesses, recurring revenue quality, R&D investment discipline, and operating margin expansion are key durability indicators.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.1 | 0.18 |
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| Total Cash From Operating Activities | 928.1 M | 1.7 B |
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| Operating Income | 1.6 B | 1.5 B |
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NetApp Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. NetApp has an asset utilization ratio of 60.72 percent. This connotes that the Company is making $0.61 for each dollar of assets. An increasing asset utilization means that NetApp Inc is more efficient with each dollar of assets it utilizes for everyday operations.Macro event markers
NetApp Profitability Analysis
Considering NetApp's profitability and operating efficiency indicators, NetApp Inc may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess NetApp's ability to earn profits and add value for shareholders.Net Income | First Reported 1996-01-31 | Previous Quarter 305 M | Current Value 334 M | Quarterly Volatility 129.6 M |
Macro event markers
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.5 | 0.63 |
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| Net Profit Margin | 0.088 | 0.16 |
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| Operating Profit Margin | 0.1 | 0.18 |
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| Pretax Profit Margin | 0.11 | 0.19 |
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| Return On Assets | 0.0857 | 0.13 |
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| Return On Equity | 1.08 | 1.03 |
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Profitability analysis for NetApp Inc works best when investors review the financial ratios and fundamental drivers that explain how efficiently the business converts revenue, assets, and operating inputs into earnings. These profitability indicators help investors judge how well NetApp uses its assets to create earnings power and long-term shareholder value.
NetApp Earnings per Share Projection vs Actual
NetApp next EPS is estimated at 2.26 (range 1.96 to 2.00). EPS TTM is 5.96. EPS is most informative when read together with margin stability and cash-flow conversion. EPS forecast analysis for NetApp Inc is useful, but investors should remember that consensus numbers often reflect a normalized estimate rather than a full reconstruction of every accounting detail. NetApp is projected to generate 2.26 in earnings per share on 30th of April 2026. Future earnings-per-share expectations are often a key input when investors test valuation assumptions and momentum into the next quarter.Macro event markers
Earnings Estimation Breakdown
The calculation of NetApp's earnings per share is based on data from the past 12 consecutive months used for reporting the company's financial figures. The next projected EPS of NetApp is estimated to be 2.26 with the future projection ranging from a low of 1.96 to a high of 2.0. Please be aware that this consensus of annual earnings estimates for NetApp Inc is based on EPS before non-recurring items.Last Reported EPS
1.96 Lowest | Expected EPS | 2.00 Highest |
Earnings Projection Consensus
A consensus EPS-based estimate above NetApp's current price may suggest the market is pricing in excessive pessimism or overlooking near-term catalysts. Conversely, an estimate below market price could reflect a premium valuation that requires sustained earnings growth to justify. Both interpretations demand risk assessment and should not be acted upon in isolation.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of April 2026 | Current EPS (TTM) | |
| 21 | 93.54% | 2.12 | 2.26 | 5.96 |
NetApp Ownership Allocation
The majority of NetApp's outstanding shares are owned by institutional holders. Institutional investors such as pension funds, mutual funds, and asset managers typically hold large positions as part of their investment mandates, managing money on behalf of clients or beneficiaries. As a result, they are subject to reporting requirements and oversight rules - such as 13F filings and position disclosure thresholds - that do not apply to individual retail investors. NetApp has approximately 100% of its outstanding shares held by institutional investors, 1% by insiders, and 0% in public hands.NetApp Profitability Analysis
The company reported previous year's revenue of 6.57 B. Net Income was 1.19 B with profit before overhead, payroll, taxes, and interest of 4.73 B.NetApp Past Distributions to Stockholders
Valuation Framework, Methodology & Assumptions
NetApp is a large-cap equity in Technology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology categories. Valuation integrates earnings durability and capital efficiency. Market-sensitive characteristics may increase exposure to broader economic cycles. NetApp currently trades at P/E of 17.9, P/B of 16.52, P/S of 2.91.
Unless otherwise specified, data for NetApp Inc is compiled from periodic company reporting and market reference feeds and standardized for comparability. Analyst inputs may be included when coverage is available. Updates may occur throughout the day. Valuation outputs are model-derived and depend on published assumptions and reference inputs.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardInvestors studying NetApp Inc need valuation context because market price alone does not explain whether the business is being priced aggressively or cautiously. Used properly, valuation helps investors judge whether the current market view looks justified relative to the company's operating evidence.
Share ownership in NetApp Inc is more than a price quote; it is a proportionate claim on the company's equity base and future distributions. Shares outstanding are near 197.3 M.
NetApp Dividends Analysis For Valuation
Currently, Dividend Payout Ratio is projected to increase slightly based on multi-year reporting trends. In the prior fiscal year, Dividend Payout Ratio was reported at 0.41. As of now, The current year's Dividend Paid And Capex Coverage Ratio is projected to rise to 3.61, whereas Dividends Paid is projected to grow to slightly above -362.5 M.. Currently, Earnings Yield are projected to increase slightly based on multi-year reporting trends. In the prior fiscal year, Earnings Yield were reported at 0.06. As of now, The current year's Price Earnings To Growth Ratio is projected to rise to 0.65, whereas Retained Earnings are moving lower toward 0.00.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | -381.6 M | -362.5 M | |
| Dividend Yield | 0.02 | 0.02 | |
| Dividend Payout Ratio | 0.41 | 0.73 | |
| Dividend Paid And Capex Coverage Ratio | 2.93 | 3.61 |
A dividend review of NetApp Inc is useful because distributions affect shareholder return even when they do not change enterprise value directly. A credible dividend profile can support valuation confidence, while an unstable one may call for more caution around expected return.
NetApp Growth Indicators
A growth thesis around NetApp Inc should be tested carefully because strong valuation often reflects confidence that the business can keep compounding faster than peers. Used properly, growth analysis helps investors separate durable compounding from optimism that may already be fully priced in.
| Common Stock Shares Outstanding | 209 M | |
| Quarterly Earnings Growth Y O Y | 0.16 | |
| Forward Price Earnings | 11.1359 |
NetApp Current Valuation Indicators
Valuation work on NetApp Inc becomes more reliable when investors compare several lenses at once, including market value, enterprise value. revenue scale, and expected cash-flow durability. The better valuation questions are comparative: what is the market paying for each dollar of revenue, profit, and asset base, and is that premium justified?
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