National Instruments Corporation (NATI): Price and Financial Metrics

NATI POWR Grades

• NATI scores best on the Growth dimension, with a Growth rank ahead of 93.71% of US stocks.
• The strongest trend for NATI is in Growth, which has been heading up over the past 47 weeks.
• NATI ranks lowest in Momentum; there it ranks in the 41st percentile.

NATI Stock Summary

• With a price/earnings ratio of 254.68, National Instruments Corp P/E ratio is greater than that of about 97.29% of stocks in our set with positive earnings.
• Price to trailing twelve month operating cash flow for NATI is currently 42.41, higher than 89.05% of US stocks with positive operating cash flow.
• In terms of volatility of its share price, NATI is more volatile than merely 2.81% of stocks we're observing.
• Stocks with similar financial metrics, market capitalization, and price volatility to National Instruments Corp are RDWR, QADB, PCTI, VNDA, and DIOD.
• Visit NATI's SEC page to see the company's official filings. To visit the company's web site, go to www.ni.com.

NATI Valuation Summary

• In comparison to the median Technology stock, NATI's EV/EBIT ratio is 358.29% higher, now standing at 147.8.
• Over the past 243 months, NATI's EV/EBIT ratio has gone up 128.4.
• NATI's price/sales ratio has moved up 0.4 over the prior 243 months.

Below are key valuation metrics over time for NATI.

NATI Growth Metrics

• Its 4 year revenue growth rate is now at 10.5%.
• The 3 year price growth rate now stands at 56.66%.
• Its year over year cash and equivalents growth rate is now at 4.82%.

Over the past 15 months, NATI's revenue has gone up $6,317,000.

The table below shows NATI's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	1,357.839	131.592	21.915
2021-03-31	1,312.472	166.988	15.498
2020-12-31	1,286.671	180.767	143.659
2020-09-30	1,286.302	183.844	197.518
2020-06-30	1,318.62	237.266	253.784
2020-03-31	1,351.522	225.878	271.587

NATI's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• NATI has a Quality Grade of B, ranking ahead of 89.2% of graded US stocks.
• NATI's asset turnover comes in at 0.735 -- ranking 203rd of 553 Business Services stocks.
• HCKT, RHI, and TZOO are the stocks whose asset turnover ratios are most correlated with NATI.

The table below shows NATI's key quality metrics over time.