NetApp Inc. (NTAP): Price and Financial Metrics

NTAP POWR Grades

• Quality is the dimension where NTAP ranks best; there it ranks ahead of 97.13% of US stocks.
• The strongest trend for NTAP is in Growth, which has been heading down over the past 179 days.
• NTAP's current lowest rank is in the Momentum metric (where it is better than 22.02% of US stocks).

NTAP Stock Summary

• NetApp Inc's market capitalization of $19,612,137,867 is ahead of 87.41% of US-listed equities.
• The capital turnover (annual revenue relative to shareholder's equity) for NTAP is 7.02 -- better than 95.25% of US stocks.
• NTAP's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 95.2% of US stocks.
• If you're looking for stocks that are quantitatively similar to NetApp Inc, a group of peers worth examining would be TTWO, DIOD, CGNX, NTGR, and RNLX.
• Visit NTAP's SEC page to see the company's official filings. To visit the company's web site, go to www.netapp.com.

NTAP Valuation Summary

• In comparison to the median Technology stock, NTAP's price/earnings ratio is 30% lower, now standing at 27.3.
• Over the past 243 months, NTAP's price/sales ratio has gone down 0.1.
• NTAP's price/earnings ratio has moved down 21.1 over the prior 243 months.

Below are key valuation metrics over time for NTAP.

NTAP Growth Metrics

Its 4 year net income to common stockholders growth rate is now at 257.64%.
• Its 3 year net income to common stockholders growth rate is now at 410.48%.
• Its 5 year revenue growth rate is now at -2.42%.

Over the past 70 months, NTAP's revenue has gone up $647,000,000.

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
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
2021-03-31	5,744	1,333	730
2020-12-31	5,590	1,157	592
2020-09-30	5,524	1,204	687

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.