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 37,730 - -
Change - -19.95% 52.51% -13.15% 19.61% 75.88% - -
Enterprise Value (EV) 1 15,417 12,859 19,790 17,324 20,355 36,134 35,439 35,042
Change - -16.59% 53.9% -12.46% 17.5% 77.52% -1.92% -1.12%
P/E 18.6x 10.9x 21.6x 15.6x 17.1x 26.9x 23.9x 22.4x
PBR 20.1x 12x 18.2x 17.3x 16x 21.6x 15.5x 11.6x
PEG - 0.3x -1.1x 0.7x 1.4x 2.1x 1.9x 3.4x
Capitalization / Revenue 2.68x 2.13x 3.29x 2.73x 3.1x 5.01x 4.73x 4.44x
EV / Revenue 2.44x 2.02x 3.16x 2.64x 2.94x 4.79x 4.45x 4.13x
EV / EBITDA 9.3x 7.2x 10.2x 8.23x 8.9x 14.6x 13.5x 12.2x
EV / EBIT 10.3x 8.36x 11.8x 9.3x 9.75x 16.1x 14.5x 12.9x
EV / FCF 15.7x 14.8x 12.9x 12.9x 10.9x 20.3x 18x 17x
FCF Yield 6.39% 6.75% 7.73% 7.72% 9.18% 4.93% 5.57% 5.88%
Dividend per Share 2 2 2 2 2.08 2.08 2.106 2.175 2.296
Rate of return 2.63% 3.16% 2% 2.36% 1.91% 1.1% 1.13% 1.19%
EPS 2 4.09 5.79 4.63 5.67 6.35 7.155 8.047 8.577
Distribution rate 48.9% 34.5% 43.2% 36.7% 32.8% 29.4% 27% 26.8%
Net sales 1 6,318 6,362 6,268 6,572 6,925 7,536 7,969 8,488
EBITDA 1 1,657 1,787 1,937 2,105 2,288 2,479 2,622 2,863
EBIT 1 1,496 1,539 1,682 1,862 2,088 2,250 2,451 2,726
Net income 1 937 1,274 986 1,186 1,276 1,407 1,549 1,685
Net Debt 1 -1,498 -681 -860 -611 -1,097 -1,596 -2,291 -2,688
Reference price 2 76.01 63.30 100.06 88.17 108.71 192.27 192.27 192.27
Nbr of stocks (in thousands) 2,22,536 2,13,905 2,06,377 2,03,412 1,97,330 1,96,234 - -
Announcement Date 01/06/22 31/05/23 30/05/24 29/05/25 28/05/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
7.31x4.06x5.05x-.--% 23TCr
23.59x8.41x16.26x0.13% 17TCr
26.87x4.79x14.57x1.1% 3.77TCr
118.57x7.57x33.44x-.--% 3.61TCr
9.52x - - - 1.1TCr
6.02x1.96x3.74x8.48% 471.96Cr
Average 31.98x 5.36x 14.61x 1.94% 8.15TCr
Weighted average by Cap. 22.58x 5.87x 11.82x 0.21%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield