Netapp Inc Stock Return On Equity
NTA Stock | EUR 114.54 2.98 2.54% |
NetApp Inc fundamentals help investors to digest information that contributes to NetApp's financial success or failures. It also enables traders to predict the movement of NetApp Stock. The fundamental analysis module provides a way to measure NetApp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NetApp stock.
NetApp |
NetApp Inc Company Return On Equity Analysis
NetApp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current NetApp Return On Equity | 1.3 |
Most of NetApp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NetApp Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition |
Based on the latest financial disclosure, NetApp Inc has a Return On Equity of 1.2984. This is 110.79% lower than that of the Technology sector and 94.17% lower than that of the Data Storage industry. The return on equity for all Germany stocks is notably lower than that of the firm.
NetApp Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NetApp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NetApp could also be used in its relative valuation, which is a method of valuing NetApp by comparing valuation metrics of similar companies.NetApp is currently under evaluation in return on equity category among its peers.
NetApp Fundamentals
Return On Equity | 1.3 | |||
Return On Asset | 0.0741 | |||
Profit Margin | 0.20 % | |||
Operating Margin | 0.18 % | |||
Current Valuation | 12.81 B | |||
Shares Outstanding | 215.57 M | |||
Shares Owned By Insiders | 0.30 % | |||
Shares Owned By Institutions | 92.15 % | |||
Price To Earning | 11.70 X | |||
Price To Book | 11.45 X | |||
Price To Sales | 1.94 X | |||
Revenue | 6.32 B | |||
Gross Profit | 4.22 B | |||
EBITDA | 1.4 B | |||
Net Income | 937 M | |||
Cash And Equivalents | 3.9 B | |||
Cash Per Share | 16.27 X | |||
Total Debt | 2.39 B | |||
Debt To Equity | 164.40 % | |||
Current Ratio | 1.45 X | |||
Book Value Per Share | 5.10 X | |||
Cash Flow From Operations | 1.21 B | |||
Earnings Per Share | 5.46 X | |||
Price To Earnings To Growth | 1.06 X | |||
Target Price | 92.14 | |||
Number Of Employees | 12 K | |||
Beta | 1.17 | |||
Market Capitalization | 13.07 B | |||
Total Asset | 10.03 B | |||
Z Score | 3.0 | |||
Annual Yield | 0.03 % | |||
Five Year Return | 1.77 % | |||
Net Asset | 10.03 B | |||
Last Dividend Paid | 2.0 |
About NetApp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NetApp Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NetApp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NetApp Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in NetApp Stock
When determining whether NetApp Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetApp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netapp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Netapp Inc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetApp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.