$NetApp (NTAP.US)$Since the 2022.6.16 analysis was excluded ...

The American company, which was listed in 1995, is mainly engaged in the cloud business, in the global market. The current price is 115.67.

Over the past 5 years, with the exception of 2020, revenue has grown slowly, with an average growth rate of 1.4%, an average growth rate of 4.3% in operating profit, and overall contraction of profit before tax. It only appeared to have increased due to the high income tax rate in 2018. There is no interest burden in 2023. Gross margin increased from 64.2% to 66.2% in the past 5 years, and net profit margin fell from 19% to 12.7% and then recovered to 20%.

Revenue contracted 3.8% in the first three quarters of 2024, operating profit increased 7.8% due to increased gross margin, profit before tax increased 17.4%, and net profit shrank 32.5% due to income tax.

Currently, the price-earnings ratio is 20, and the price-earnings ratio is TTM 26.4. Considering that most of the recent increase in net profit is due to income tax fluctuations, it is not attractive for the time being.