Company Valuation: NetApp, Inc.

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 16,915 13,540 20,650 17,935 21,452 39,123 - -
Change - -19.95% 52.51% -13.15% 19.61% 82.38% - -
Enterprise Value (EV) 1 15,417 12,859 19,790 17,324 20,355 37,594 36,751 36,235
Change - -16.59% 53.9% -12.46% 17.5% 84.7% -2.24% -1.41%
P/E 18.6x 10.9x 21.6x 15.6x 17.1x 25.7x 22.4x 21.3x
PBR 20.1x 12x 18.2x 17.3x 16x 20x 14.4x 10.8x
PEG - 0.3x -1.1x 0.7x 1.4x 1.2x 1.6x 4.08x
Capitalization / Revenue 2.68x 2.13x 3.29x 2.73x 3.1x 4.78x 4.51x 4.26x
EV / Revenue 2.44x 2.02x 3.16x 2.64x 2.94x 4.59x 4.24x 3.95x
EV / EBITDA 9.3x 7.2x 10.2x 8.23x 8.9x 13.9x 12.5x 11.2x
EV / EBIT 10.3x 8.36x 11.8x 9.3x 9.75x 14.9x 13.2x 11.9x
EV / FCF 15.7x 14.8x 12.9x 12.9x 10.9x 21.3x 17x 15.3x
FCF Yield 6.39% 6.75% 7.73% 7.72% 9.18% 4.69% 5.89% 6.55%
Dividend per Share 2 2 2 2 2.08 2.08 2.1 2.18 2.304
Rate of return 2.63% 3.16% 2% 2.36% 1.91% 1.05% 1.09% 1.16%
EPS 2 4.09 5.79 4.63 5.67 6.35 7.76 8.88 9.343
Distribution rate 48.9% 34.5% 43.2% 36.7% 32.8% 27.1% 24.6% 24.7%
Net sales 1 6,318 6,362 6,268 6,572 6,925 8,183 8,671 9,185
EBITDA 1 1,657 1,787 1,937 2,105 2,288 2,703 2,931 3,225
EBIT 1 1,496 1,539 1,682 1,862 2,088 2,528 2,783 3,058
Net income 1 937 1,274 986 1,186 1,276 1,535 1,734 1,782
Net Debt 1 -1,498 -681 -860 -611 -1,097 -1,528 -2,371 -2,888
Reference price 2 76.01 63.30 100.06 88.17 108.71 199.18 199.18 199.18
Nbr of stocks (in thousands) 222,536 213,905 206,377 203,412 197,330 196,419 - -
Announcement Date 6/1/22 5/31/23 5/30/24 5/29/25 5/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.49x1.48x11.7x0.6% 270B
5.18x3.14x3.84x-.--% 166B
16.27x7.07x12.62x0.47% 148B
15.05x6.25x11.16x0.18% 137B
19.73x1.86x9.54x1.03% 73.13B
130.25x8.05x35.5x-.--% 42.31B
25.67x4.59x13.91x1.05% 39.12B
11.86x0.36x10.18x5.98% 37.56B
29.77x5.22x17.82x1.41% 37.23B
Average 30.14x 4.23x 14.03x 1.19% 105.54B
Weighted average by Cap. 20.59x 3.88x 11.56x 0.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - NetApp, Inc.

Historical PBR trend

Valuation ratios - PBR - NetApp, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - NetApp, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - NetApp, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - NetApp, Inc.