NTAPNEUTRAL

EV/EBITDA

16.6x

Updated 104h ago

Sector Performance

63th percentile

NTAP

16.6x

Sector Median

13.7x

Sector Avg

18.7x

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Deep Analysis

NTAP's current EV/EBITDA of 16.6x—a valuation metric comparing enterprise value to earnings before interest, taxes, depreciation, and amortization—means investors are paying 16.6 times the company's operating cash flow.

This ratio sits above the sector median of 13.6x, placing NTAP in the 63rd percentile among its peers, indicating a premium valuation relative to the typical stock in its group. The metric has been increasing over the last eight quarters, with a year-over-year jump of +53.0%, though it slipped by -3.0% quarter-over-quarter. The combination of an above-median level and a long-term upward trend suggests elevated valuation risk, but the recent quarterly decline may signal a cooling momentum. This mixed picture supports the overall NEUTRAL verdict, as the metric confirms neither a clear bargain nor an extreme overvaluation.

Frequently Asked Questions

What does the EV/EBITDA tell investors about NTAP?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are NTAP's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: LSPD (-24.2x), BRZE (-24.5x), EVGO (-25.7x), NIO (-36.8x), SNAP (-38.8x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.