NetApp, Inc.

BRSE:NTA Stock Report

Market Cap: CHF 25.2b

NetApp Valuation

Is NTA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of NTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: NTA (CHF134.96) is trading below our estimate of future cash flow value (CHF156.88)

Significantly Below Future Cash Flow Value: NTA is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NTA?

Key metric: As NTA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NTA. This is calculated by dividing NTA's market cap by their current earnings.
What is NTA's PE Ratio?
PE Ratio24.8x
EarningsUS$1.28b
Market CapUS$31.66b

Price to Earnings Ratio vs Peers

How does NTA's PE Ratio compare to its peers?

The above table shows the PE ratio for NTA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.2x
LOGN Logitech International
22.4x5.42%CHF 12.7b
IFCN INFICON Holding
61.1x21.73%CHF 4.2b
4901 FUJIFILM Holdings
14.7x8.84%JP¥4.1t
992 Lenovo Group
18.5x17.17%HK$277.1b
NTA NetApp
24.8x9.11%CHF 31.7b

Price-To-Earnings vs Peers: NTA is good value based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (29.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does NTA's PE Ratio compare vs other companies in the European Tech Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
NTA 24.8xIndustry Avg. 23.7xNo. of Companies5PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NTA is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the Global Tech industry average (23.2x).

Price to Earnings Ratio vs Fair Ratio

What is NTA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NTA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NTA's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NTA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 134.96
CHF 137.09
+1.58%
14.52%CHF 159.64CHF 93.39n/a16
Jun ’27n/a
CHF 127.26
0%
15.59%CHF 156.09CHF 91.31n/a15
May ’27n/a
CHF 91.75
0%
9.29%CHF 107.32CHF 68.93n/a15
Apr ’27n/a
CHF 91.77
0%
9.10%CHF 106.61CHF 68.48n/a15
Mar ’27n/a
CHF 91.87
0%
9.30%CHF 105.32CHF 67.65n/a16
Feb ’27n/a
CHF 97.06
0%
9.39%CHF 108.27CHF 70.33n/a16
Jan ’27n/a
CHF 99.94
0%
6.43%CHF 110.12CHF 88.42n/a15
Dec ’26n/a
CHF 100.61
0%
7.05%CHF 112.68CHF 88.53n/a15
Nov ’26n/a
CHF 96.53
0%
8.55%CHF 111.56CHF 79.68n/a14
Oct ’26n/a
CHF 94.73
0%
8.70%CHF 110.78CHF 79.13n/a14
Sep ’26n/a
CHF 94.65
0%
7.42%CHF 104.02CHF 80.02n/a14
Aug ’26n/a
CHF 91.48
0%
8.72%CHF 103.35CHF 79.50n/a14
Jul ’26n/a
CHF 91.50
0%
7.54%CHF 103.99CHF 79.99n/a16
Jun ’26n/a
CHF 94.22
0%
8.93%CHF 111.35CHF 82.27n/a16
May ’26n/a
CHF 94.28
0%
11.74%CHF 112.28CHF 69.68n/a16
Apr ’26n/a
CHF 106.95
0%
9.32%CHF 135.00CHF 92.65n/a16
Mar ’26n/a
CHF 114.38
0%
10.37%CHF 138.13CHF 99.31n/a16
Feb ’26n/a
CHF 126.40
0%
9.86%CHF 146.02CHF 105.86n/a16
Jan ’26n/a
CHF 124.00
0%
9.60%CHF 142.85CHF 103.57n/a17
Dec ’25n/a
CHF 121.73
0%
9.16%CHF 141.28CHF 102.43n/a17
Nov ’25n/a
CHF 113.19
0%
10.08%CHF 131.81CHF 91.84n/a16
Oct ’25n/a
CHF 113.19
0%
10.08%CHF 131.81CHF 91.84n/a16
Sep ’25n/a
CHF 111.20
0%
9.87%CHF 131.29CHF 91.48n/a16
Aug ’25n/a
CHF 115.28
0%
10.47%CHF 140.10CHF 94.91n/a16
Jul ’25n/a
CHF 112.93
0%
10.00%CHF 138.63CHF 93.91n/a16
Jun ’25n/a
CHF 107.21
0%
8.20%CHF 124.51CHF 94.73n/a16
CHF 143.43
Fair Value
5.9% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 00:56
End of Day Share Price 2026/06/08 00:00
Earnings2026/04/24
Annual Earnings2026/04/24

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NetApp, Inc. is covered by 46 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Jayson NolandBaird
Benjamin ReitzesBarclays