NetApp Competitors

Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of NetApp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of NetApp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
73.1074.9776.84
Details
Intrinsic
Valuation
LowReal ValueHigh
67.7884.8386.70
Details
16 Analysts
Consensus
LowTarget PriceHigh
70.0097.69120.00
Details
Earnings
Estimates (9)
LowProjected EPSHigh
4.144.214.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NetApp. Your research has to be compared to or analyzed against NetApp's peers to derive any actionable benefits. When done correctly, NetApp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NetApp Inc.

NetApp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NetApp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of NetApp and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of NetApp Inc does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

NetApp Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between NetApp stock performing well and NetApp company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze NetApp's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
GOOG 1.93 (0.01)  0.02  0.09  2.25  0.0167 (1.95)  4.29 (3.68)  11.01 
NOW 2.74  0.16  0.06  0.18  3.63  0.07 (2.83)  5.90 (4.76)  20.51 
TDC 2.03 (0.01)  0.01  0.08  2.36  0.007 (2.35)  3.55 (4.16)  13.57 
VMW 1.66  0.24  0.15  0.25  1.54  0.08 (2.04)  3.17 (2.31)  28.67 
WDAY 2.51 (0.05)  0.00  0.06  2.99  0.0002 (2.61)  6.11 (4.72)  13.56 
MCD 0.95  0.07  0.03  0.21  1.04  0.0299 (1.05)  2.22 (1.55)  4.73 
BBBY 6.95  1.06  0.15  0.51  6.79  0.12 (8.16)  21.83 (9.94)  54.03 
AAPL 1.72  0.13  0.08  0.18  2.07  0.08 (1.85)  3.42 (3.85)  8.84 
ENPH 3.63  1.12  0.27  0.69  3.53  0.25 (4.10)  8.93 (7.53)  22.27 

Cross Equities Net Income Analysis

Compare NetApp Inc and related stocks such as Alphabet Cl C, Servicenow, Teradata Corp, Vmware Inc, Workday, McDonalds Corp, Bed Bath Beyond, Apple Inc, and Enphase Energy Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
NOW(29.7 M)(6.7 M)(37.3 M)(73.7 M)(179.4 M)(198.4 M)(451.8 M)(149.1 M)(26.7 M)626.7 M118.5 M230 M248.2 M
TDC301 M353 M419 M377 M367 M(214 M)125 M(67 M)30 M(20 M)129 M147 M171.3 M
VMW2.4 B723.9 M745.7 MB886 M997 M1.2 B2.4 B2.4 B1.8 B1.8 B1.8 B1.6 B
WDAY(5.5 M)(79.6 M)(119.2 M)(172.5 M)(248 M)(289.9 M)(408.3 M)(321.2 M)(418.3 M)(480.7 M)(282.4 M)29.4 M(14.1 M)
MCD5.5 B5.5 B5.5 B5.6 B4.8 B4.5 B4.7 B5.2 B5.9 BB4.7 B7.5 B7.1 B
BBBYBBBB(137.2 M)(137.2 M)(137.2 M)(137.2 M)(137.2 M)(559.6 M)(559.6 M)(559.6 M)(617.6 M)
AAPL25.9 B45.7 B45.7 B45.7 B45.7 B45.7 B94.7 B94.7 B94.7 B94.7 B94.7 B48.4 B54.8 B
ENPH(32.3 M)(32.3 M)(38.2 M)(25.9 M)(8.1 M)(22.1 M)(67.5 M)(45.2 M)(11.6 M)161.1 M134 M145.4 M156.9 M

NetApp Inc and related stocks such as Alphabet Cl C, Servicenow, Teradata Corp, Vmware Inc, Workday, McDonalds Corp, Bed Bath Beyond, Apple Inc, and Enphase Energy Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in NetApp Inc financial statement analysis. It represents the amount of money remaining after all of NetApp Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

NetApp Competitive Analysis

The better you understand NetApp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NetApp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across NetApp's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NTAPGOOGNOWTDCVMWWDAYMCDBBBYAAPLENPH
 0.19 
 74.77 
NetApp
 0.46 
 122.32 
Alphabet
 1.50 
 496.49 
Servicenow
 0.28 
 35.69 
Teradata
 0.18 
 122.64 
Vmware
 0.98 
 177.79 
Workday
 0.28 
 266.19 
McDonalds
 29.06 
 20.65 
Bed Bath
 0.42 
 172.46 
Apple
 2.72 
 292.94 
Enphase
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

NetApp Competition Performance Charts

Complement your NetApp position

In addition to having NetApp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Pharmaceutical Products Thematic Idea Now

Pharmaceutical Products
Pharmaceutical Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Pharmaceutical Products Theme or any other thematic opportunities.
View All  Next Launch
Additionally, see NetApp Correlation with its peers. Note that the NetApp Inc information on this page should be used as a complementary analysis to other NetApp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for NetApp Stock analysis

When running NetApp Inc price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Is NetApp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.22
Market Capitalization
16.5 B
Quarterly Revenue Growth YOY
0.08
Return On Assets
0.0776
Return On Equity
1.23
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine NetApp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NTAP
 Stock
  

USD 74.77  0.14  0.19%   

NetApp Inc competes with Alphabet, Servicenow, Teradata Corp, Vmware, and Workday; as well as few others. The company conducts business under Technology sector and is part of Computer Hardware industry. Analyzing NetApp competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of NetApp to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of NetApp competition on your existing holdings. Additionally, see NetApp Correlation with its peers.
  
NetApp Return on Investment is very stable at the moment as compared to the past year. NetApp reported last year Return on Investment of 34.07. As of 16th of August 2022, Return on Average Equity is likely to grow to 147.66, while Return on Average Assets are likely to drop 9.64. NetApp Net Current Assets as percentage of Total Assets are very stable at the moment as compared to the past year. NetApp reported last year Net Current Assets as percentage of Total Assets of 19.87. As of 16th of August 2022, Asset Turnover is likely to grow to 0.70, while Return on Average Assets are likely to drop 9.64.