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 QCOM: 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 QCOM's multiple
Needs QCOM P/E.
Implied fair value · at NTAP's multiple
Needs NTAP P/E.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
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.
Complete market value, debt and cash evidence is required for enterprise value.
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
QUALCOMM INC/DE · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
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.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
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
Broadcom Inc.
NTAP vs AVGO
INTEL CORP
NTAP vs INTC
NVIDIA CORP
NTAP vs NVDA
TEXAS INSTRUMENTS INC
NTAP vs TXN
ADVANCED MICRO DEVICES INC
NTAP vs AMD
Qorvo, Inc.
NTAP vs QRVO
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's strong margins, perfect F-Score, and low distress risk justify a premium to growth peers despite slower revenue growth, then holding or adding makes sense because the balance sheet and quality metrics are robust; if you prioritize sales growth and cheaper EV-based multiples, QCOM is the better relative-value choice.
NTAP's current price of $178.50 sits slightly below the P/E-derived implied price of $187.09, indicating only 4.8% upside, so the valuation case is not strongly compelling on this frame. Versus QCOM, NTAP trades at a richer P/S and EV-based valuation despite similar profitability, which suggests the market is paying up for NTAP's higher quality profile and balance sheet strength.
Supporting Metrics