Overview Dividends

(NTAP) NetApp - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US64110D1046

Storage Systems, Cloud Services, Data Management, Hybrid Infrastructure

NTAP EPS (Earnings per Share)

EPS Growth (3Y CAGR): -56.27%
EPS Trend (3Y Correlation): -28.1%

NTAP Revenue

Revenue Growth (3Y CAGR): -2.37%
Revenue Trend (3Y Correlation): 34.7%

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.

NTAP Stock Overview

Market Cap in USD	23,511m
Sub-Industry	Technology Hardware, Storage & Peripherals
IPO / Inception	1995-11-21

NTAP Stock Ratings

Growth Rating	49.4%
Fundamental	80.0%
Dividend Rating	53.7%
Return 12m vs S&P 500	-14.7%
Analyst Rating	3.50 of 5

NTAP Dividends

Dividend Yield 12m	1.80%
Yield on Cost 5y	4.73%
Annual Growth 5y	1.53%
Payout Consistency	99.6%
Payout Ratio	28.7%

NTAP Growth Ratios

Growth Correlation 3m	32.9%
Growth Correlation 12m	-6.7%
Growth Correlation 5y	72.7%
CAGR 5y	22.34%
CAGR/Max DD 3y (Calmar Ratio)	0.52
CAGR/Mean DD 3y (Pain Ratio)	2.24
Sharpe Ratio 12m	0.57
Alpha	-25.56
Beta	1.448
Volatility	31.77%
Current Volume	1588.8k
Average Volume 20d	1597.1k
Stop Loss	111.9 (-3.3%)
Signal	-0.23

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (1.17b TTM) > 0 and > 6% of Revenue (6% = 395.3m TTM)

FCFTA 0.17 (>2.0%) and ΔFCFTA 1.97pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 16.97% (prev -3.00%; Δ 19.97pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.19 (>3.0%) and CFO 1.84b > Net Income 1.17b (YES >=105%, WARN >=100%)

Net Debt (660.0m) to EBITDA (1.70b) ratio: 0.39 <= 3.0 (WARN <= 3.5)

Current Ratio 1.31 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (203.0m) change vs 12m ago -4.25% (target <= -2.0% for YES)

Gross Margin 69.99% (prev 71.11%; Δ -1.12pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 69.38% (prev 68.48%; Δ 0.91pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 19.03 (EBITDA TTM 1.70b / Interest Expense TTM 77.0m) >= 6 (WARN >= 3)

Altman Z'' 1.91

(A) 0.12 = (Total Current Assets 4.69b - Total Current Liabilities 3.57b) / Total Assets 9.68b

(B) 0.0 = Retained Earnings (Balance) 0.0 / Total Assets 9.68b

(D) 0.11 = Book Value of Equity 975.0m / Total Liabilities 8.70b

Total Rating: 1.91 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 80.00

1. Piotroski 7.0pt = 2.0

2. FCF Yield 7.23% = 3.62

3. FCF Margin 25.17% = 6.29

4. Debt/Equity 2.82 = -0.49

5. Debt/Ebitda 0.39 = 2.38

6. ROIC - WACC (= 22.75)% = 12.50

7. RoE 120.0% = 2.50

8. Rev. Trend 34.68% = 2.60

9. EPS Trend -28.07% = -1.40

What is the price of NTAP shares?

As of November 06, 2025, the stock is trading at USD 115.69 with a total of 1,588,806 shares traded.
Over the past week, the price has changed by +1.38%, over one month by -3.93%, over three months by +13.90% and over the past year by +1.41%.

Is NetApp a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, NetApp (NASDAQ:NTAP) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 80.00 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of NTAP is around 117.21 USD . This means that NTAP is currently overvalued and has a potential downside of 1.31%.

Is NTAP a buy, sell or hold?

NetApp has received a consensus analysts rating of 3.50. Therefor, it is recommend to hold NTAP.

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	121.1	4.7%
Analysts Target Price	121.1	4.7%
ValueRay Target Price	132.7	14.7%

NTAP Fundamental Data Overview November 01, 2025

Market Cap USD = 23.51b (23.51b USD * 1.0 USD.USD)
P/E Trailing = 20.846
P/E Forward = 15.6006
P/S = 3.5677
P/B = 24.5827
P/EG = 1.5645
Beta = 1.448
Revenue TTM = 6.59b USD
EBIT TTM = 1.47b USD
EBITDA TTM = 1.70b USD
Long Term Debt = 2.48b USD (from longTermDebt, last quarter)
Short Term Debt = 41.0m USD (from shortTermDebt, last quarter)
Debt = 2.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 660.0m USD (from netDebt column, last quarter)
Enterprise Value = 22.93b USD (23.51b + Debt 2.75b - CCE 3.32b)
Interest Coverage Ratio = 19.03 (Ebit TTM 1.47b / Interest Expense TTM 77.0m)
FCF Yield = 7.23% (FCF TTM 1.66b / Enterprise Value 22.93b)
FCF Margin = 25.17% (FCF TTM 1.66b / Revenue TTM 6.59b)
Net Margin = 17.77% (Net Income TTM 1.17b / Revenue TTM 6.59b)
Gross Margin = 69.99% ((Revenue TTM 6.59b - Cost of Revenue TTM 1.98b) / Revenue TTM)
Gross Margin QoQ = 70.39% (prev 68.88%)
Tobins Q-Ratio = 2.37 (Enterprise Value 22.93b / Total Assets 9.68b)
Interest Expense / Debt = 1.06% (Interest Expense 29.0m / Debt 2.75b)
Taxrate = 23.36% (71.0m / 304.0m)
NOPAT = 1.12b (EBIT 1.47b * (1 - 23.36%))
Current Ratio = 1.31 (Total Current Assets 4.69b / Total Current Liabilities 3.57b)
Debt / Equity = 2.82 (Debt 2.75b / totalStockholderEquity, last quarter 975.0m)
Debt / EBITDA = 0.39 (Net Debt 660.0m / EBITDA 1.70b)
Debt / FCF = 0.40 (Net Debt 660.0m / FCF TTM 1.66b)
Total Stockholder Equity = 975.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.10% (Net Income 1.17b / Total Assets 9.68b)
RoE = 120.0% (Net Income TTM 1.17b / Total Stockholder Equity 975.5m)
RoCE = 42.33% (EBIT 1.47b / Capital Employed (Equity 975.5m + L.T.Debt 2.48b))
RoIC = 33.00% (NOPAT 1.12b / Invested Capital 3.40b)
WACC = 10.25% (E(23.51b)/V(26.26b) * Re(11.35%) + D(2.75b)/V(26.26b) * Rd(1.06%) * (1-Tc(0.23)))
Discount Rate = 11.35% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.91%
[DCF Debug] Terminal Value 68.98% ; FCFE base≈1.56b ; Y1≈1.72b ; Y5≈2.21b
Fair Price DCF = 115.8 (DCF Value 23.12b / Shares Outstanding 199.6m; 5y FCF grow 11.67% → 3.0% )
EPS Correlation: -28.07 | EPS CAGR: -56.27% | SUE: -4.0 | # QB: 0
Revenue Correlation: 34.68 | Revenue CAGR: -2.37% | SUE: 0.66 | # QB: 0

Additional Sources for NTAP Stock

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