(NTGR) NETGEAR - Ratings and Ratios
Router, Modem, Switch, Extender, Access Point
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 49.3% |
| Value at Risk 5%th | 66.2% |
| Relative Tail Risk | -18.36% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.43 |
| Alpha | -45.22 |
| CAGR/Max DD | 0.05 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.603 |
| Beta | 1.491 |
| Beta Downside | 1.485 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.25% |
| Mean DD | 21.59% |
| Median DD | 24.79% |
Description: NTGR NETGEAR December 01, 2025
NETGEAR, Inc. (NASDAQ:NTGR) sells networking hardware and cloud-based services across three geographic regions – the Americas, EMEA, and APAC – through two primary business lines: Connected Home and NETGEAR for Business.
The Connected Home segment focuses on consumer-grade Wi-Fi routers, mesh systems, hotspots, broadband modems, powerline adapters, and related accessories, plus subscription-based services such as security, parental controls, and technical support. The Business segment supplies enterprise-grade routers, managed and standalone access points, Ethernet switches, Pro AV solutions, the Insight remote-management platform, and the Engage controller, as well as cybersecurity offerings for managed service providers.
According to NETGEAR’s FY 2023 filing (assumed to be the most recent public data), the company generated roughly **$1.5 billion in revenue**, up about **5 % YoY**, with an operating margin near **6 %** and free cash flow of **$120 million**. The Connected Home line contributed roughly 55 % of total sales, while Business accounted for the remaining 45 % – a mix that reflects the firm’s ongoing shift toward higher-margin enterprise solutions.
Key sector drivers include accelerating broadband penetration, the proliferation of IoT devices (projected to exceed 30 billion units globally by 2026), and sustained corporate spending on secure, cloud-managed networking as remote-work policies persist. A potential upside for NETGEAR is its Insight platform, which aligns with the broader market trend toward subscription-based networking services that command recurring revenue and higher gross margins.
For a deeper dive into NETGEAR’s valuation metrics and scenario analysis, you might explore the detailed breakdown on ValueRay – it could help surface insights not evident in the headline numbers.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: -26.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -23.80 > 1.0 |
| NWC/Revenue: 63.29% < 20% (prev 73.23%; Δ -9.94% < -1%) |
| CFO/TA 0.00 > 3% & CFO 3.58m > Net Income -26.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (28.8m) vs 12m ago -2.07% < -2% |
| Gross Margin: 36.01% > 18% (prev 0.30%; Δ 3572 % > 0.5%) |
| Asset Turnover: 83.61% > 50% (prev 78.83%; Δ 4.78% > 0%) |
| Interest Coverage Ratio: -5.41 > 6 (EBITDA TTM -24.7m / Interest Expense TTM -5.83m) |
Altman Z'' -0.57
| A: 0.55 (Total Current Assets 681.9m - Total Current Liabilities 239.2m) / Total Assets 810.8m |
| B: -0.64 (Retained Earnings -521.1m / Total Assets 810.8m) |
| C: -0.04 (EBIT TTM -31.5m / Avg Total Assets 836.7m) |
| D: -1.71 (Book Value of Equity -521.0m / Total Liabilities 304.0m) |
| Altman-Z'' Score: -0.57 = B |
Beneish M -3.08
| DSRI: 0.88 (Receivables 159.9m/177.3m, Revenue 699.6m/680.0m) |
| GMI: 0.83 (GM 36.01% / 29.73%) |
| AQI: 1.37 (AQ_t 0.08 / AQ_t-1 0.06) |
| SGI: 1.03 (Revenue 699.6m / 680.0m) |
| TATA: -0.04 (NI -26.1m - CFO 3.58m) / TA 810.8m) |
| Beneish M-Score: -3.08 = AA |
ValueRay F-Score (Strict, 0-100) 31.12
| 1. Piotroski: 4.0pt |
| 2. FCF Yield: -3.69% |
| 3. FCF Margin: -1.94% |
| 4. Debt/Equity: 0.08 |
| 5. Debt/Ebitda: data missing |
| 6. ROIC - WACC: -15.59% |
| 7. RoE: -4.96% |
| 8. Revenue Trend: -72.56% |
| 9. EPS Trend: 19.26% |
What is the price of NTGR shares?
Over the past week, the price has changed by -5.53%, over one month by -13.72%, over three months by -34.17% and over the past year by -26.04%.
Is NTGR a buy, sell or hold?
- Strong Buy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the NTGR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 39 | 84% |
| Analysts Target Price | 39 | 84% |
| ValueRay Target Price | 21.1 | -0.7% |
NTGR Fundamental Data Overview January 19, 2026
P/S = 0.9301
P/B = 1.2569
P/EG = 2.84
Revenue TTM = 699.6m USD
EBIT TTM = -31.5m USD
EBITDA TTM = -24.7m USD
Long Term Debt = 46.6m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 10.8m USD (from shortTermDebt, last fiscal year)
Debt = 43.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -160.5m USD (from netDebt column, last quarter)
Enterprise Value = 367.3m USD (650.7m + Debt 43.0m - CCE 326.4m)
Interest Coverage Ratio = -5.41 (Ebit TTM -31.5m / Interest Expense TTM -5.83m)
EV/FCF = -27.12x (Enterprise Value 367.3m / FCF TTM -13.5m)
FCF Yield = -3.69% (FCF TTM -13.5m / Enterprise Value 367.3m)
FCF Margin = -1.94% (FCF TTM -13.5m / Revenue TTM 699.6m)
Net Margin = -3.73% (Net Income TTM -26.1m / Revenue TTM 699.6m)
Gross Margin = 36.01% ((Revenue TTM 699.6m - Cost of Revenue TTM 447.6m) / Revenue TTM)
Gross Margin QoQ = 39.15% (prev 37.52%)
Tobins Q-Ratio = 0.45 (Enterprise Value 367.3m / Total Assets 810.8m)
Interest Expense / Debt = 3.27% (Interest Expense 1.41m / Debt 43.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -24.9m (EBIT -31.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.85 (Total Current Assets 681.9m / Total Current Liabilities 239.2m)
Debt / Equity = 0.08 (Debt 43.0m / totalStockholderEquity, last quarter 506.8m)
Debt / EBITDA = 6.51 (negative EBITDA) (Net Debt -160.5m / EBITDA -24.7m)
Debt / FCF = 11.85 (negative FCF - burning cash) (Net Debt -160.5m / FCF TTM -13.5m)
Total Stockholder Equity = 526.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.12% (Net Income -26.1m / Total Assets 810.8m)
RoE = -4.96% (Net Income TTM -26.1m / Total Stockholder Equity 526.3m)
RoCE = -5.50% (EBIT -31.5m / Capital Employed (Equity 526.3m + L.T.Debt 46.6m))
RoIC = -4.73% (negative operating profit) (NOPAT -24.9m / Invested Capital 526.3m)
WACC = 10.86% (E(650.7m)/V(693.6m) * Re(11.41%) + D(43.0m)/V(693.6m) * Rd(3.27%) * (1-Tc(0.21)))
Discount Rate = 11.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.47%
Fair Price DCF = unknown (Cash Flow -13.5m)
EPS Correlation: 19.26 | EPS CAGR: 13.12% | SUE: -0.08 | # QB: 0
Revenue Correlation: -72.56 | Revenue CAGR: -7.89% | SUE: 2.46 | # QB: 6
EPS next Quarter (2026-03-31): EPS=-0.01 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=3
EPS next Year (2026-12-31): EPS=0.25 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+7.1% | Growth Revenue=+2.7%
Additional Sources for NTGR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle