NetApp, Inc.
—Price / book
Market cap
—
Tangible equity
-$1.47B
Price / tangible book
—
Price / book
—
Return on equity
94.4%
Return on assets
11.9%
Efficiency ratio
—
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: NTAP stock price vs HBAN: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HBAN's multiple
Needs HBAN P/E.
Implied fair value · at NTAP's multiple
Needs NTAP P/E.
Live quote
Price unavailable
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Lower is better
Lower is better
Profitability edge
Asset efficiency edge
Lower is better
Statements
Bank-focused income statement and equity metrics aligned to the reporting windows.
SEC periods: NTAP FY 2026 (ended Apr 24, 2026) · HBAN FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Eight fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / book
Market cap
—
Tangible equity
-$1.47B
Price / tangible book
—
Price / book
—
Return on equity
94.4%
Return on assets
11.9%
Efficiency ratio
—
Price / book
Market cap
—
Tangible equity
$18.20B
Price / tangible book
—
Price / book
—
Return on equity
9.1%
Return on assets
1.0%
Efficiency ratio
55.7%
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
NetApp, Inc. · implied price per share
Bear
$77.73
Base
$91.44
Bull
$105.16
Huntington Bancshares Incorporated · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
2.40x
0.76x
Net debt / EBITDA
Leverage against operating earnings
-0.16x
0.03x
Cash and equivalents
Liquid reserves on the balance sheet
$3.58B
$18.14B
Total debt
Interest-bearing obligations outstanding
$3.24B
$18.48B
Comparable set
Where the pair sits against the wider banking comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Pure Storage, Inc.
NTAP vs PSTG
INTERNATIONAL BUSINESS MACHINES CORP
NTAP vs IBM
MICRON TECHNOLOGY INC
NTAP vs MU
Dell Technologies Inc.
NTAP vs DELL
Seagate Technology Holdings plc
NTAP vs STX
Hewlett Packard Enterprise Co
NTAP vs HPE
JPMorgan Chase & Co.
NTAP vs JPM
Bank of America Corporation
NTAP vs BAC
Wells Fargo & Company
NTAP vs WFC
Citigroup Inc.
NTAP vs C
PNC FINANCIAL SERVICES GROUP, INC.
NTAP vs PNC
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.