NTAP:NGS-NetApp Inc. (USD)

EQUITY | Computer Hardware | Nasdaq Global Select

Last Closing

USD 104.97

Change

-0.25 (-0.24)%

Market Cap

USD 10.23B

Volume

1.36M

Analyst Target

USD 49.21
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NetApp Inc is a provider of storage systems and data management solutions that form the foundation for efficient and flexible IT infrastructures.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Computer Hardware

Symbol Name Price(Change) Market Cap
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LOGI Logitech International SA

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SSYS Stratasys Ltd

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NNDM Nano Dimension Ltd

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CAN Canaan Inc

-0.02 (-1.74%)

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RGTI Rigetti Computing Inc

+0.10 (+8.55%)

USD 0.17B

ETFs Containing NTAP

IVES Wedbush ETFMG Global Clou.. 3.47 % 0.00 %

+0.93 (+0.00%)

USD 0.02B
UDIV:CA Manulife Smart U.S. Divid.. 3.43 % 0.00 %

+0.03 (+0.00%)

CAD 0.10B
UDIV-B:CA Manulife Smart U.S. Divid.. 3.43 % 0.00 %

+0.03 (+0.00%)

CAD 0.10B
JSTC Tidal ETF Trust - Adasina.. 1.98 % 0.00 %

+0.04 (+0.00%)

USD 0.16B
QQJG Invesco ESG NASDAQ Next G.. 1.95 % 0.00 %

+0.18 (+0.00%)

USD 5.25M
QQJE:CA Invesco ESG NASDAQ Next G.. 1.89 % 0.00 %

N/A

CAD 0.88M
LOUF:LSE Ossiam US ESG Low Carbon .. 1.12 % 0.00 %

N/A

USD 0.08B
BTAL AGFiQ U.S. Market Neutral.. 0.48 % 0.00 %

-0.27 (0.00%)

USD 0.26B
PWC 0.00 % 0.59 %

N/A

N/A
RNLC 0.00 % 0.60 %

N/A

N/A
VSDA VictoryShares Dividend Ac.. 0.00 % 0.35 %

+0.01 (+0.00%)

USD 0.24B
PQLC 0.00 % 0.00 %

N/A

N/A
UXM-B:CA 0.00 % 0.00 %

N/A

N/A
SCHM Schwab U.S. Mid-Cap ETF 0.00 % 0.05 %

+0.33 (+0.00%)

USD 10.83B
UXM:CA 0.00 % 0.68 %

N/A

N/A
ITEK:LSE HAN-GINS Tech Megatrend E.. 0.00 % 0.00 %

+0.25 (+0.00%)

USD 0.09B
OUFE:XETRA Ossiam US ESG Low Carbon .. 0.00 % 0.00 %

+1.82 (+0.00%)

USD 0.02B
OUFU:XETRA Ossiam US ESG Low Carbon .. 0.00 % 0.00 %

+1.24 (+0.00%)

USD 0.11B

Market Performance

  Market Performance vs. Industry/Classification (Computer Hardware) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 19.07% 72% C 81% B-
Dividend Return 0.57% 50% F 36% F
Total Return 19.63% 72% C 81% B-
Trailing 12 Months  
Capital Gain 67.76% 84% B 89% A-
Dividend Return 3.20% 50% F 51% F
Total Return 70.96% 84% B 89% A-
Trailing 5 Years  
Capital Gain 51.38% 71% C- 73% C
Dividend Return 13.35% 83% B 57% F
Total Return 64.74% 82% B 75% C
Average Annual (5 Year Horizon)  
Capital Gain 14.47% 60% D- 76% C+
Dividend Return 17.54% 60% D- 78% C+
Total Return 3.08% 86% B+ 68% D+
Risk Return Profile  
Volatility (Standard Deviation) 42.64% 84% B 41% F
Risk Adjusted Return 41.14% 88% B+ 75% C
Market Capitalization 10.23B 96% N/A 96% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Computer Hardware) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 33.40 53% 40%
Price/Book Ratio 21.81 9% 5%
Price / Cash Flow Ratio 19.52 21% 15%
Price/Free Cash Flow Ratio 14.11 21% 19%
Management Effectiveness  
Return on Equity 89.70% 100% 99%
Return on Invested Capital 34.92% 96% 93%
Return on Assets 8.02% 88% 92%
Debt to Equity Ratio 206.13% 8% 11%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.