NT

NetApp IncNASDAQ NTAP Stock Report

Last reporting period 26 Jul, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

25.178

Large

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

NetApp Fair Value

NT

The fair market value of NTAP stock is 89.05 USD. Relative to the market price of 121.605 USD NetApp is overvalued by 26.8%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 26.8%
89.05 USD
NTAP Fair Value
121.61 USD
Market price of NTAP

NetApp Valuation

Current NTAP share ticker price is 121.605 USD.

The fair value level of 89.05 USD can be considered as an effective entry point for long-term investors to start investing in NTAP stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 27% higher its fair value

Min value

Current price is 51% higher its minimum value

Max value

Current price is 4% higher its maximum value

15.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

NTAP stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

NetApp Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

22.22

2

Median P/E over 5 years

16.96

3

Minimum P/E over 5 years

11.3

4

Earning per share (last 12 months)

5.25 USD

Maximum value

1

x

4

=

116.7 USD

Fair value

2

x

4

=

89.05 USD

Minimum value

3

x

4

=

59.34 USD

NetApp Inc price metrics

15.7

Annual return (geometric mean)

35.64

Risk (standard deviation) of returns

β

1.21

Beta (volatility compared to market)

It means that NTAP stock is more volatile than the broader market

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View Section: Profitability