NTAP Fair Value Estimate
$123.559.3% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
Netapp Inc
Exchange: NASDAQSector: TechnologyIndustry: Computer Hardware
NetApp is the intelligent data infrastructure company, combining unified data storage, integrated data, operational and workload services to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry’s best data management. As the only enterprise-grade storage service natively embedded in the world’s biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities.
Current Price
$113.00
+1.13%GoodMoat Value
$123.55
9.3% undervaluedProfile
Valuation (TTM)
Market Cap$22.38B
P/E18.47
EV$19.54B
P/B21.52
Shares Out198.06M
P/Sales3.34
Revenue$6.71B
EV/EBITDA12.64
Netapp Inc (NTAP) Valuation
NTAP Valuation Metrics
FCF$1.34B
FCF Growth Rate2.29%
EPS Growth (CAGR)0.24%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →NTAP Valuation & Fair Value Analysis
Netapp Inc (NTAP) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Netapp Inc is $123.55. The current stock price is $113.00, suggesting the stock is 9.3% undervalued.
The price-to-earnings (P/E) ratio is 18.47. Price-to-book ratio is 21.52. Price-to-sales ratio is 3.34. Enterprise value to EBITDA is 12.64. PEG ratio is 1.23.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Netapp Inc's intrinsic value.