(NTAP) NetApp - Ratings and Ratios
Storage Systems, Cloud Services, Data Management, Hybrid Infrastructure
Dividends
| Dividend Yield | 2.25% |
| Yield on Cost 5y | 4.76% |
| Yield CAGR 5y | 1.53% |
| Payout Consistency | 99.6% |
| Payout Ratio | 28.0% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 30.0% |
| Value at Risk 5%th | 44.7% |
| Relative Tail Risk | -9.45% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.04 |
| Alpha | -19.45 |
| CAGR/Max DD | 0.64 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.534 |
| Beta | 1.226 |
| Beta Downside | 1.319 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.61% |
| Mean DD | 8.94% |
| Median DD | 6.22% |
Description: NTAP NetApp October 16, 2025
NetApp, Inc. (NASDAQ: NTAP) delivers enterprise-grade data-management software, storage hardware, and cloud services to customers across North America, Europe, APAC, the Middle East and Africa, operating through two primary segments: Hybrid Cloud and Public Cloud.
Its software portfolio includes ONTAP, SnapMirror, SnapLock and a suite of BlueXP tools for data protection and ransomware mitigation, while its hardware lineup spans All-Flash FAS (AFF A-Series & C-Series), All-Flash SAN Arrays, Fabric-Attached Storage and StorageGRID object storage. In the public-cloud arena, NetApp offers Cloud Volumes ONTAP and managed file services on Azure, AWS and Google Cloud.
Beyond products, NetApp provides professional services-ranging from consulting and migration to managed “storage-as-a-service” (STaaS)-and operational insights through Data Infrastructure Insights and Instaclustr, targeting verticals such as financial services, life sciences, media & entertainment, and telecommunications.
Key recent metrics (FY 2024 Q3): revenue of $2.2 billion, a 6 % year-over-year increase driven largely by a 30 % YoY rise in cloud-service revenue, and GAAP earnings per share of $0.86. The broader data-storage market is expanding at a compound annual growth rate of roughly 12 %, propelled by multicloud adoption and exponential data growth-both of which are core tailwinds for NetApp’s hybrid-cloud strategy.
For a deeper, data-driven valuation of NTAP, you might explore the analytics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (1.18b TTM) > 0 and > 6% of Revenue (6% = 398.2m TTM) |
| FCFTA 0.17 (>2.0%) and ΔFCFTA 2.13pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 17.84% (prev -5.84%; Δ 23.68pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.19 (>3.0%) and CFO 1.86b > Net Income 1.18b (YES >=105%, WARN >=100%) |
| Net Debt (667.0m) to EBITDA (1.73b) ratio: 0.39 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.34 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (202.0m) change vs 12m ago -3.81% (target <= -2.0% for YES) |
| Gross Margin 70.26% (prev 71.09%; Δ -0.83pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 71.24% (prev 71.88%; Δ -0.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 17.15 (EBITDA TTM 1.73b / Interest Expense TTM 88.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.01
| (A) 0.12 = (Total Current Assets 4.65b - Total Current Liabilities 3.47b) / Total Assets 9.63b |
| (B) 0.0 = Retained Earnings (Balance) 0.0 / Total Assets 9.63b |
| (C) 0.16 = EBIT TTM 1.51b / Avg Total Assets 9.32b |
| (D) 0.11 = Book Value of Equity 986.0m / Total Liabilities 8.64b |
| Total Rating: 2.01 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 83.24
| 1. Piotroski 6.50pt |
| 2. FCF Yield 7.24% |
| 3. FCF Margin 25.25% |
| 4. Debt/Equity 2.78 |
| 5. Debt/Ebitda 0.39 |
| 6. ROIC - WACC (= 23.49)% |
| 7. RoE 117.8% |
| 8. Rev. Trend 23.07% |
| 9. EPS Trend 62.50% |
What is the price of NTAP shares?
Over the past week, the price has changed by -1.37%, over one month by +3.67%, over three months by -6.32% and over the past year by -4.46%.
Is NTAP a buy, sell or hold?
- Strong Buy: 3
- Buy: 4
- Hold: 13
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the NTAP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 124.3 | 7.5% |
| Analysts Target Price | 124.3 | 7.5% |
| ValueRay Target Price | 130.2 | 12.6% |
NTAP Fundamental Data Overview December 06, 2025
P/E Trailing = 20.4303
P/E Forward = 14.8148
P/S = 3.5271
P/B = 23.032
P/EG = 1.4814
Beta = 1.414
Revenue TTM = 6.64b USD
EBIT TTM = 1.51b USD
EBITDA TTM = 1.73b USD
Long Term Debt = 2.49b USD (from longTermDebt, last quarter)
Short Term Debt = 42.0m USD (from shortTermDebt, last quarter)
Debt = 2.74b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 667.0m USD (from netDebt column, last quarter)
Enterprise Value = 23.13b USD (23.41b + Debt 2.74b - CCE 3.01b)
Interest Coverage Ratio = 17.15 (Ebit TTM 1.51b / Interest Expense TTM 88.0m)
FCF Yield = 7.24% (FCF TTM 1.68b / Enterprise Value 23.13b)
FCF Margin = 25.25% (FCF TTM 1.68b / Revenue TTM 6.64b)
Net Margin = 17.73% (Net Income TTM 1.18b / Revenue TTM 6.64b)
Gross Margin = 70.26% ((Revenue TTM 6.64b - Cost of Revenue TTM 1.97b) / Revenue TTM)
Gross Margin QoQ = 71.96% (prev 70.43%)
Tobins Q-Ratio = 2.40 (Enterprise Value 23.13b / Total Assets 9.63b)
Interest Expense / Debt = 0.95% (Interest Expense 26.0m / Debt 2.74b)
Taxrate = 22.39% (88.0m / 393.0m)
NOPAT = 1.17b (EBIT 1.51b * (1 - 22.39%))
Current Ratio = 1.34 (Total Current Assets 4.65b / Total Current Liabilities 3.47b)
Debt / Equity = 2.78 (Debt 2.74b / totalStockholderEquity, last quarter 986.0m)
Debt / EBITDA = 0.39 (Net Debt 667.0m / EBITDA 1.73b)
Debt / FCF = 0.40 (Net Debt 667.0m / FCF TTM 1.68b)
Total Stockholder Equity = 999.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.22% (Net Income 1.18b / Total Assets 9.63b)
RoE = 117.8% (Net Income TTM 1.18b / Total Stockholder Equity 999.0m)
RoCE = 43.30% (EBIT 1.51b / Capital Employed (Equity 999.0m + L.T.Debt 2.49b))
RoIC = 33.00% (NOPAT 1.17b / Invested Capital 3.55b)
WACC = 9.50% (E(23.41b)/V(26.15b) * Re(10.53%) + D(2.74b)/V(26.15b) * Rd(0.95%) * (1-Tc(0.22)))
Discount Rate = 10.53% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.16%
[DCF Debug] Terminal Value 71.83% ; FCFE base≈1.56b ; Y1≈1.75b ; Y5≈2.36b
Fair Price DCF = 137.4 (DCF Value 27.20b / Shares Outstanding 198.1m; 5y FCF grow 14.64% → 3.0% )
EPS Correlation: 62.50 | EPS CAGR: 9.88% | SUE: 1.83 | # QB: 1
Revenue Correlation: 23.07 | Revenue CAGR: 1.47% | SUE: 0.69 | # QB: 0
EPS next Quarter (2026-01-31): EPS=2.07 | Chg30d=+0.012 | Revisions Net=-2 | Analysts=18
EPS current Year (2026-04-30): EPS=7.89 | Chg30d=+0.132 | Revisions Net=+10 | Growth EPS=+8.8% | Growth Revenue=+2.9%
EPS next Year (2027-04-30): EPS=8.56 | Chg30d=+0.004 | Revisions Net=-3 | Growth EPS=+8.5% | Growth Revenue=+4.9%
Additional Sources for NTAP Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle