NetApp, Inc. (NTAP)
Computer Storage Devices
Latest Price
$178.50
TTM P/E
28.07
Normalized P/E
33.04
Div Yield
1.17%
Book Value
5.82
P/B Ratio
30.67
Valuation metrics
adjust assumptions →EPS: $6.35
Book value / share: $6.89
Formula: √(22.5 × EPS × BVPS)
Graham Number
$31.38
82% downside
Norm. op. income: $1.2B (median of 7yr)
Tax rate: 18%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$53.90
70% downside
Base FCF: $1.3B (median of recent 5yr)
Growth: 7%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$136.27
24% downside
EPS: $6.35
Target P/E: 33×
Formula: EPS × P/E
P/E Fair Value
$209.55
+17% upside
Institutional Ownership
96.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 19.91M | $2.04B | 10.16% | -494.0K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.65M | $1.29B | 6.46% | -- | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 12.49M | $1.28B | 6.37% | -- | 2026-03-31 |
| STATE STREET CORP | 10.02M | $1.03B | 5.11% | -168.9K | 2026-03-31 |
| PRIMECAP MANAGEMENT CO/CA/ | 9.06M | $927.0M | 4.62% | -10.6K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 6.44M | $660.0M | 3.29% | +128.1K | 2026-03-31 |
| AMERIPRISE FINANCIAL INC | 6.00M | $614.0M | 3.06% | -217.1K | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 4.67M | $478.0M | 2.38% | +138.5K | 2026-03-31 |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 4.06M | $415.0M | 2.07% | -67.2K | 2026-03-31 |
| Invesco Ltd. | 3.89M | $398.0M | 1.99% | +721.8K | 2026-03-31 |