#6Information Technology· Technology Hardware, Storage & Peripherals

NTAPStrong Buy

NetApp

$119.93USD

Composite Score68.1Strong

+18

Margin of safety+18%Fair value

Fair value$147.01

Target$238.40

Loss chance24%

Price (1y)

Loading price history…

Fair price check

4 different valuation methods each estimate what NTAP should be worth, then we compare to today's price.

Looks undervalued

Models suggest NTAP is trading below fair value

Today's price

$119.93

Median fair price

$147.01

+23% vs today

Of 4 methods:2 say cheap2 say pricey

P/E multiplesUndervalued
thinks it's a bargain — estimates $238.40, about 99% above today
EV/EBITDAUndervalued
thinks it's a bargain — estimates $221.64, about 85% above today
DCF (2-stage)Overvalued
thinks it's expensive — estimates $72.37, about 40% below today
P/B multiplesOvervalued
thinks it's expensive — estimates $57.01, about 52% below today

How to read this: “Cheap” = method's fair price is at least 20% above today. “Fair” = within ±10–20%. “Pricey” = at least 10% below today. Outliers (values more than 5× or less than 0.2× today's price) are excluded.

Fair price ensemble

Median fair

$147.01

Margin of safety

+18.4%

Max (ex-outliers)

$238.40

Tangible BVPS

—

Method	Value
Graham (defensive)	skipped
P/E multiples(vs sector peers)	$238.40
P/B multiples(vs sector peers)	$57.01
EV/EBITDA(vs sub industry peers)	$221.64
Residual Income	skipped
DCF (2-stage)	$72.37

Median of all applicable methods (current price $119.93). Outliers above 5× or below 0.2× current price are excluded from the max but kept in the median. See methodology for the 6-method ensemble + 7 defenses.

Pillar breakdown

8 dimensions, each scored 0–100 against the universe

Information Technology median (n=73)

Quality
Profit margins & asset efficiency
87
Strong
Value
Price vs fundamentals
71
Strong
Growth
Revenue & earnings trajectory
65
Decent
Momentum
Recent price strength
50
Weak
Health
Balance sheet & solvency
46
Weak
Profitability
ROE, ROA, ROIC
66
Decent
Technical
Trend & volatility signals
69
Decent
Risk
Volatility & drawdown profile
50
Weak

0305070100

Strong (70+)Decent (50–70)Weak (30–50)Poor (<30)

Pillars not shown: Sentiment, ML (Phase 5+).

Raw fundamentals (SEC EDGAR)

Metric	Value
Market cap	$23.67B
Revenue (TTM)	$6.71B
Net income (TTM)	$1.21B
Operating cash flow (TTM)	$1.79B
CapEx (TTM)	$183.00M
Free cash flow (TTM)CFO − CapEx	$1.61B
Total assets	$9.97B
Total liabilities	$8.81B
Stockholders' equity	$1.16B
Cash & equivalents	$1.63B
Shares outstanding	197.33M
EPS (basic)	$4.38
EPS (diluted)	$4.32
P/E ratio (TTM)	19.53

TTM = trailing twelve months. Balance sheet items are point-in-time (latest filing).

Data quality

Latest filed date: 2026-02-26
Latest period end: 2026-02-20
Filing lag: 79 days
Missing metrics: none

Phase 3c — composite is the 8-pillar weighted score over quality, value, growth, momentum, health, profitability, technical, and risk. Sentiment + ML pillars land in Phases 5-6; until then their weight redistributes pro-rata. Fair price is the median of 6 valuation methods (Graham, P/E / P/B / EV-EBITDA multiples, RIM, DCF) with outliers above 5× current price excluded from the max. Risk-overlay flags annotate only — they suppress the entered-top-5 badge but do not modify the composite.