NETAPP INC (NTA.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:NTA • US64110D1046

86.64 EUR
+2.66 (+3.17%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

Overall NTA gets a fundamental rating of 6 out of 10. We evaluated NTA against 33 industry peers in the Technology Hardware, Storage & Peripherals industry. While NTA has a great profitability rating, there are some minor concerns on its financial health. NTA may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make NTA suitable for value investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • NTA had positive earnings in the past year.
  • NTA had a positive operating cash flow in the past year.
  • Each year in the past 5 years NTA has been profitable.
  • In the past 5 years NTA always reported a positive cash flow from operatings.
NTA.DE Yearly Net Income VS EBIT VS OCF VS FCFNTA.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

1.2 Ratios

  • NTA's Return On Assets of 12.22% is fine compared to the rest of the industry. NTA outperforms 78.79% of its industry peers.
  • NTA has a better Return On Equity (119.37%) than 93.94% of its industry peers.
  • NTA has a Return On Invested Capital of 19.95%. This is in the better half of the industry: NTA outperforms 75.76% of its industry peers.
  • NTA had an Average Return On Invested Capital over the past 3 years of 17.30%. This is in line with the industry average of 17.50%.
  • The last Return On Invested Capital (19.95%) for NTA is above the 3 year average (17.30%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 12.22%
ROE 119.37%
ROIC 19.95%
ROA(3y)11.3%
ROA(5y)10.21%
ROE(3y)103.33%
ROE(5y)105.68%
ROIC(3y)17.3%
ROIC(5y)16.23%
NTA.DE Yearly ROA, ROE, ROICNTA.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100 200 300

1.3 Margins

  • With an excellent Profit Margin value of 17.73%, NTA belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NTA has grown nicely.
  • With an excellent Operating Margin value of 22.60%, NTA belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
  • NTA's Operating Margin has improved in the last couple of years.
  • NTA's Gross Margin of 70.26% is amongst the best of the industry. NTA outperforms 93.94% of its industry peers.
  • NTA's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 22.6%
PM (TTM) 17.73%
GM 70.26%
OM growth 3Y4.43%
OM growth 5Y4.81%
PM growth 3Y6.76%
PM growth 5Y3.58%
GM growth 3Y1.67%
GM growth 5Y0.95%
NTA.DE Yearly Profit, Operating, Gross MarginsNTA.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • NTA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, NTA has less shares outstanding
  • The number of shares outstanding for NTA has been reduced compared to 5 years ago.
  • The debt/assets ratio for NTA is higher compared to a year ago.
NTA.DE Yearly Shares OutstandingNTA.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
NTA.DE Yearly Total Debt VS Total AssetsNTA.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 2.71 indicates that NTA is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of NTA (2.71) is better than 66.67% of its industry peers.
  • The Debt to FCF ratio of NTA is 1.48, which is an excellent value as it means it would take NTA, only 1.48 years of fcf income to pay off all of its debts.
  • NTA's Debt to FCF ratio of 1.48 is amongst the best of the industry. NTA outperforms 81.82% of its industry peers.
  • A Debt/Equity ratio of 2.52 is on the high side and indicates that NTA has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 2.52, NTA is doing worse than 84.85% of the companies in the same industry.
  • Even though the debt/equity ratio score it not favorable for NTA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 2.52
Debt/FCF 1.48
Altman-Z 2.71
ROIC/WACC2.55
WACC7.83%
NTA.DE Yearly LT Debt VS Equity VS FCFNTA.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • NTA has a Current Ratio of 1.34. This is a normal value and indicates that NTA is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.34, NTA is doing worse than 60.61% of the companies in the same industry.
  • NTA has a Quick Ratio of 1.30. This is a normal value and indicates that NTA is financially healthy and should not expect problems in meeting its short term obligations.
  • NTA's Quick ratio of 1.30 is fine compared to the rest of the industry. NTA outperforms 60.61% of its industry peers.
Industry RankSector Rank
Current Ratio 1.34
Quick Ratio 1.3
NTA.DE Yearly Current Assets VS Current LiabilitesNTA.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 3.77% over the past year.
  • The Earnings Per Share has been growing by 12.19% on average over the past years. This is quite good.
  • NTA shows a small growth in Revenue. In the last year, the Revenue has grown by 2.53%.
  • The Revenue has been growing slightly by 3.96% on average over the past years.
EPS 1Y (TTM)3.77%
EPS 3Y11.18%
EPS 5Y12.19%
EPS Q2Q%9.63%
Revenue 1Y (TTM)2.53%
Revenue growth 3Y1.32%
Revenue growth 5Y3.96%
Sales Q2Q%2.83%

3.2 Future

  • Based on estimates for the next years, NTA will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.81% on average per year.
  • Based on estimates for the next years, NTA will show a small growth in Revenue. The Revenue will grow by 4.33% on average per year.
EPS Next Y11.01%
EPS Next 2Y9.6%
EPS Next 3Y8.81%
EPS Next 5YN/A
Revenue Next Year3.03%
Revenue Next 2Y3.94%
Revenue Next 3Y4.33%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
NTA.DE Yearly Revenue VS EstimatesNTA.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
NTA.DE Yearly EPS VS EstimatesNTA.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • NTA is valuated correctly with a Price/Earnings ratio of 13.73.
  • Based on the Price/Earnings ratio, NTA is valued a bit cheaper than 72.73% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.92, NTA is valued rather cheaply.
  • A Price/Forward Earnings ratio of 11.70 indicates a reasonable valuation of NTA.
  • 69.70% of the companies in the same industry are more expensive than NTA, based on the Price/Forward Earnings ratio.
  • NTA is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.78, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.73
Fwd PE 11.7
NTA.DE Price Earnings VS Forward Price EarningsNTA.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NTA is valued a bit cheaper than the industry average as 69.70% of the companies are valued more expensively.
  • NTA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NTA is cheaper than 81.82% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.08
EV/EBITDA 10.55
NTA.DE Per share dataNTA.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The excellent profitability rating of NTA may justify a higher PE ratio.
PEG (NY)1.25
PEG (5Y)1.13
EPS Next 2Y9.6%
EPS Next 3Y8.81%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • NTA has a Yearly Dividend Yield of 2.12%.
  • NTA's Dividend Yield is rather good when compared to the industry average which is at 0.92. NTA pays more dividend than 84.85% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, NTA has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.12%

5.2 History

  • The dividend of NTA has a limited annual growth rate of 1.72%.
Dividend Growth(5Y)1.72%
Div Incr Years0
Div Non Decr Years0
NTA.DE Yearly Dividends per shareNTA.DE Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2025 2026 0.5 1 1.5

5.3 Sustainability

  • NTA pays out 35.51% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of NTA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP35.51%
EPS Next 2Y9.6%
EPS Next 3Y8.81%
NTA.DE Yearly Income VS Free CF VS DividendNTA.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
NTA.DE Dividend Payout.NTA.DE Dividend Payout, showing the Payout Ratio.NTA.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

NETAPP INC

FRA:NTA (2/6/2026, 7:00:00 PM)

86.64

+2.66 (+3.17%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)11-25
Earnings (Next)02-26
Inst Owners100.11%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap17.16B
Revenue(TTM)6.64B
Net Income(TTM)1.18B
Analysts71.85
Price Target107.76 (24.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.12%
Yearly Dividend1.75
Dividend Growth(5Y)1.72%
DP35.51%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.72%
Min EPS beat(2)-1.15%
Max EPS beat(2)6.58%
EPS beat(4)1
Avg EPS beat(4)0.83%
Min EPS beat(4)-1.89%
Max EPS beat(4)6.58%
EPS beat(8)4
Avg EPS beat(8)2.83%
EPS beat(12)8
Avg EPS beat(12)4.54%
EPS beat(16)12
Avg EPS beat(16)5.61%
Revenue beat(2)0
Avg Revenue beat(2)-1.06%
Min Revenue beat(2)-1.14%
Max Revenue beat(2)-0.99%
Revenue beat(4)0
Avg Revenue beat(4)-2.17%
Min Revenue beat(4)-5.03%
Max Revenue beat(4)-0.99%
Revenue beat(8)0
Avg Revenue beat(8)-1.64%
Revenue beat(12)2
Avg Revenue beat(12)-1.67%
Revenue beat(16)3
Avg Revenue beat(16)-1.64%
PT rev (1m)0.02%
PT rev (3m)36.57%
EPS NQ rev (1m)0.06%
EPS NQ rev (3m)10.77%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)15.77%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-2.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.03%
Valuation
Industry RankSector Rank
PE 13.73
Fwd PE 11.7
P/S 3.05
P/FCF 12.08
P/OCF 10.88
P/B 20.53
P/tB N/A
EV/EBITDA 10.55
EPS(TTM)6.31
EY7.28%
EPS(NY)7.4
Fwd EY8.54%
FCF(TTM)7.17
FCFY8.28%
OCF(TTM)7.96
OCFY9.19%
SpS28.4
BVpS4.22
TBVpS-7.6
PEG (NY)1.25
PEG (5Y)1.13
Graham Number24.48
Profitability
Industry RankSector Rank
ROA 12.22%
ROE 119.37%
ROCE 24.35%
ROIC 19.95%
ROICexc 39.06%
ROICexgc 319.97%
OM 22.6%
PM (TTM) 17.73%
GM 70.26%
FCFM 25.25%
ROA(3y)11.3%
ROA(5y)10.21%
ROE(3y)103.33%
ROE(5y)105.68%
ROIC(3y)17.3%
ROIC(5y)16.23%
ROICexc(3y)40.17%
ROICexc(5y)45.98%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.12%
ROCE(5y)19.81%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-0.26%
ROICexc growth 5Y0.5%
OM growth 3Y4.43%
OM growth 5Y4.81%
PM growth 3Y6.76%
PM growth 5Y3.58%
GM growth 3Y1.67%
GM growth 5Y0.95%
F-Score5
Asset Turnover0.69
Health
Industry RankSector Rank
Debt/Equity 2.52
Debt/FCF 1.48
Debt/EBITDA 1.45
Cap/Depr 83.64%
Cap/Sales 2.77%
Interest Coverage 18.52
Cash Conversion 108.14%
Profit Quality 142.4%
Current Ratio 1.34
Quick Ratio 1.3
Altman-Z 2.71
F-Score5
WACC7.83%
ROIC/WACC2.55
Cap/Depr(3y)75.43%
Cap/Depr(5y)84.21%
Cap/Sales(3y)2.93%
Cap/Sales(5y)3.04%
Profit Quality(3y)112.04%
Profit Quality(5y)120.33%
High Growth Momentum
Growth
EPS 1Y (TTM)3.77%
EPS 3Y11.18%
EPS 5Y12.19%
EPS Q2Q%9.63%
EPS Next Y11.01%
EPS Next 2Y9.6%
EPS Next 3Y8.81%
EPS Next 5YN/A
Revenue 1Y (TTM)2.53%
Revenue growth 3Y1.32%
Revenue growth 5Y3.96%
Sales Q2Q%2.83%
Revenue Next Year3.03%
Revenue Next 2Y3.94%
Revenue Next 3Y4.33%
Revenue Next 5YN/A
EBIT growth 1Y6.61%
EBIT growth 3Y5.81%
EBIT growth 5Y8.96%
EBIT Next Year20.07%
EBIT Next 3Y9.61%
EBIT Next 5YN/A
FCF growth 1Y62.72%
FCF growth 3Y10.75%
FCF growth 5Y7.41%
OCF growth 1Y55%
OCF growth 3Y7.54%
OCF growth 5Y7.28%

NETAPP INC / NTA.DE FAQ

Can you provide the ChartMill fundamental rating for NETAPP INC?

ChartMill assigns a fundamental rating of 6 / 10 to NTA.DE.


What is the valuation status for NTA stock?

ChartMill assigns a valuation rating of 7 / 10 to NETAPP INC (NTA.DE). This can be considered as Undervalued.


What is the profitability of NTA stock?

NETAPP INC (NTA.DE) has a profitability rating of 8 / 10.


Can you provide the financial health for NTA stock?

The financial health rating of NETAPP INC (NTA.DE) is 6 / 10.


What is the earnings growth outlook for NETAPP INC?

The Earnings per Share (EPS) of NETAPP INC (NTA.DE) is expected to grow by 11.01% in the next year.