NetApp Financial Statements From 2010 to 2024
| NTA Stock | EUR 122.08 5.70 4.90% |
Check NetApp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetApp's main balance sheet or income statement drivers, such as , as well as many indicators such as . NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules.
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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.
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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 Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NetApp's current stock value. Our valuation model uses many indicators to compare NetApp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NetApp competition to find correlations between indicators driving NetApp's intrinsic value. More Info.NetApp Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NetApp Inc is roughly 17.52 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NetApp's earnings, one of the primary drivers of an investment's value.About NetApp Financial Statements
NetApp stakeholders use historical fundamental indicators, such as NetApp's revenue or net income, to determine how well the company is positioned to perform in the future. Although NetApp investors may analyze each financial statement separately, they are all interrelated. For example, changes in NetApp's assets and liabilities are reflected in the revenues and expenses on NetApp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NetApp Inc. Please read more on our technical analysis and fundamental analysis pages.
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California. NETAPP INC operates under Data Storage classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10500 people.
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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 the analysis of NetApp Correlation against competitors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.