NetApp Inc. (NTAP): Price and Financial Metrics

NTAP POWR Grades

• Quality is the dimension where NTAP ranks best; there it ranks ahead of 95.48% of US stocks.
• The strongest trend for NTAP is in Value, which has been heading up over the past 177 days.
• NTAP's current lowest rank is in the Momentum metric (where it is better than 18.72% of US stocks).

NTAP Stock Summary

• NETAPP INC's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 92.7% of US listed stocks.
• Equity multiplier, or assets relative to shareholders' equity, comes in at 10.28 for NETAPP INC; that's greater than it is for 90.83% of US stocks.
• In terms of volatility of its share price, NTAP is more volatile than just 11.4% of stocks we're observing.
• Stocks that are quantitatively similar to NTAP, based on their financial statements, market capitalization, and price volatility, are APPN, DIOD, CGNX, EBAY, and SONM.
• NTAP's SEC filings can be seen here. And to visit NETAPP INC's official web site, go to www.netapp.com.

NTAP Valuation Summary

• NTAP's EV/EBIT ratio is 13.2; this is 30.89% lower than that of the median Technology stock.
• Over the past 243 months, NTAP's EV/EBIT ratio has gone down 37.7.

Below are key valuation metrics over time for NTAP.

NTAP Growth Metrics

Its 3 year revenue growth rate is now at 2.8%.
• The 3 year net cashflow from operations growth rate now stands at -9.69%.
• The 2 year cash and equivalents growth rate now stands at 54.7%.

NTAP's revenue has moved up $946,000,000 over the prior 33 months.

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

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	6,549	1,166	1,475
2022-06-30	6,452	1,250	949
2022-03-31	6,318	1,211	937
2021-12-31	6,193	1,359	1,012
2021-09-30	6,049	1,472	942
2021-06-30	5,899	1,335	855

NTAP'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.

• NTAP has a Quality Grade of A, ranking ahead of 97.85% of graded US stocks.
• NTAP's asset turnover comes in at 0.662 -- ranking 43rd of 83 Computers stocks.
• QMCO, OMQS, and CSCO are the stocks whose asset turnover ratios are most correlated with NTAP.

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