NetApp, Inc.
—- Market cap
- —
- Debt
- +$2.49B
- Cash
- −$2.07B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: NTAP stock price vs NVDA: inconclusive — current versus $241.69 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at NVDA's multiple
Implied fair value · at NTAP's multiple
Needs NTAP P/E.
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 100% equity / 0% debt · EV / Revenue 20.80x · EV proxy / EBITDA proxy 33.72x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
NetApp, Inc. · implied price per share
Bear
$88.82
Base
$102.84
Bull
$121.94
NVIDIA CORP · implied price per share
Bear
$43.09
Base
$52.57
Bull
$59.95
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider 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
ADVANCED MICRO DEVICES INC
NTAP vs AMD
INTEL CORP
NTAP vs INTC
TEXAS INSTRUMENTS INC
NTAP vs TXN
Broadcom Inc.
NTAP vs AVGO
QUALCOMM INC/DE
NTAP vs QCOM
MICROCHIP TECHNOLOGY INC
NTAP vs MCHP
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe NTAP can sustain its current profitability while accelerating growth beyond 5.6%, then the stock looks attractive versus NVDA on earnings and sales multiples because the current valuation is materially below NVDA-implied range.
NTAP trades at materially lower valuation multiples than NVDA, with a 29.4x P/E versus 38.1x for NVDA and a 5.9x P/S versus 24.6x for NVDA. The implied price of $241.69 suggests 29.5% upside from the current price of $186.60, but that upside sits within a wider NVDA-implied range that extends well above the current price.
Supporting Metrics