NetApp, Inc. (NTAP) on Decifer

Decifer ranks NTAP number 169 of 270 tracked names on durable business quality.

Why it ranks here

• It earns strong returns on the money it puts to work, around 19% and those returns have been improving and it turns most of its profit into real cash.
• Revenue is expected to grow about 6% a year, profits grew 11% over the past year, and growth is speeding up, not slowing down.
• It keeps a high share of every sale as profit, and that has stayed steady over the years, a sign of real pricing power, with profitability widening as it grows.
• It is riding an active market tailwind and has the balance sheet to fund its growth.
• It is not watering down its owners with new shares and it returns cash to shareholders.
• Our durability check found pressure on this name, which costs it a few points.
• Returns near 19% and momentum of 30 out of 35 appeal, but expected revenue growth of only 6% and no funded role cap the case.

The current read

The evidence on NTAP lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• Cloud & Data Platform Migration: Enterprises are still mid-cycle in migrating compute, storage and applications off legacy on-prem stacks toward hybrid and public cloud architectures.

Read the full NTAP research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.