NetApp Statistics
Total Valuation
NetApp has a market cap or net worth of $20.21 billion. The enterprise value is $19.69 billion.
| Market Cap | 20.21B |
| Enterprise Value | 19.69B |
Important Dates
The next estimated earnings date is Wednesday, May 29, 2024, after market close.
| Earnings Date | May 29, 2024 |
| Ex-Dividend Date | Apr 4, 2024 |
Share Statistics
NetApp has 206.38 million shares outstanding. The number of shares has decreased by -3.65% in one year.
| Shares Outstanding | 206.38M |
| Shares Change (YoY) | -3.65% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.32% |
| Owned by Institutions (%) | 95.09% |
| Float | 205.46M |
Valuation Ratios
The trailing PE ratio is 22.26 and the forward PE ratio is 14.67. NetApp's PEG ratio is 1.06.
| PE Ratio | 22.26 |
| Forward PE | 14.67 |
| PS Ratio | 3.27 |
| Forward PS | 3.10 |
| PB Ratio | 20.34 |
| P/FCF Ratio | 17.44 |
| PEG Ratio | 1.06 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.13, with an EV/FCF ratio of 16.99.
| EV / Earnings | 20.95 |
| EV / Sales | 3.19 |
| EV / EBITDA | 13.13 |
| EV / EBIT | 16.45 |
| EV / FCF | 16.99 |
Financial Position
The company has a current ratio of 1.15, with a Debt / Equity ratio of 2.41.
| Current Ratio | 1.15 |
| Quick Ratio | 0.98 |
| Debt / Equity | 2.41 |
| Debt / EBITDA | 1.59 |
| Debt / FCF | 2.06 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 99.10% and return on invested capital (ROIC) is 26.84%.
| Return on Equity (ROE) | 99.10% |
| Return on Assets (ROA) | 10.00% |
| Return on Capital (ROIC) | 26.84% |
| Revenue Per Employee | $515,083 |
| Profits Per Employee | $78,333 |
| Employee Count | 12,000 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 12.08 |
Taxes
In the past 12 months, NetApp has paid $257.00 million in taxes.
| Income Tax | 257.00M |
| Effective Tax Rate | 21.47% |
Stock Price Statistics
The stock price has increased by +48.07% in the last 52 weeks. The beta is 1.27, so NetApp's price volatility has been higher than the market average.
| Beta (1Y) | 1.27 |
| 52-Week Price Change | +48.07% |
| 50-Day Moving Average | 98.75 |
| 200-Day Moving Average | 84.96 |
| Relative Strength Index (RSI) | 37.55 |
| Average Volume (30 Days) | 1,876,895 |
Short Selling Information
The latest short interest is 5.18 million, so 2.51% of the outstanding shares have been sold short.
| Short Interest | 5.18M |
| Short Previous Month | 7.19M |
| Short % of Shares Out | 2.51% |
| Short % of Float | 2.52% |
| Short Ratio (days to cover) | 1.89 |
Income Statement
In the last 12 months, NetApp had revenue of $6.18 billion and earned $940.00 million in profits. Earnings per share was $4.40.
| Revenue | 6.18B |
| Gross Profit | 4.33B |
| Operating Income | 1.16B |
| Pretax Income | 1.20B |
| Net Income | 940.00M |
| EBITDA | 1.50B |
| EBIT | 1.20B |
| Earnings Per Share (EPS) | $4.40 |
Balance Sheet
The company has $2.92 billion in cash and $2.39 billion in debt, giving a net cash position of $526.00 million or $2.55 per share.
| Cash & Cash Equivalents | 2.92B |
| Total Debt | 2.39B |
| Net Cash | 526.00M |
| Net Cash Per Share | $2.55 |
| Equity / Book Value | 994.00M |
| Book Value Per Share | 4.82 |
| Working Capital | 562.00M |
Cash Flow
In the last 12 months, operating cash flow was $1.31 billion and capital expenditures -$148.00 million, giving a free cash flow of $1.16 billion.
| Operating Cash Flow | 1.31B |
| Capital Expenditures | -148.00M |
| Free Cash Flow | 1.16B |
| FCF Per Share | $5.63 |
Margins
Gross margin is 70.09%, with operating and profit margins of 18.72% and 15.21%.
| Gross Margin | 70.09% |
| Operating Margin | 18.72% |
| Pretax Margin | 19.37% |
| Profit Margin | 15.21% |
| EBITDA Margin | 24.27% |
| EBIT Margin | 19.37% |
| FCF Margin | 18.75% |
Dividends & Yields
This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 2.04%.
| Dividend Per Share | $2.00 |
| Dividend Yield | 2.04% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 45.45% |
| Buyback Yield | 3.65% |
| Shareholder Yield | 5.69% |
| Earnings Yield | 4.65% |
| FCF Yield | 5.73% |
Analyst Forecast
The average price target for NetApp is $95.27, which is -2.74% lower than the current price. The consensus rating is "Hold".
| Price Target | $95.27 |
| Price Target Difference | -2.74% |
| Analyst Consensus | Hold |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 23, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 23, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
NetApp has an Altman Z-Score of 2.62 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.62 |
| Piotroski F-Score | 7 |