Mulya.ai
Ticker
NTAP
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?11.0%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.560
Beta (levered) ?1.717
Terminal OM% ?18.6%
Segment conc. ?90% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

NTAP · NetApp, Inc.

$103.352026-05-17
Sector: Technology; Industry: Computer Hardware; Sub-Industry: Technology Hardware, Storage & Peripherals

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$151
+46.6% vs market
Base · active
$118
+13.8% vs market
Bear
$116
+12.0% vs market
Mulya.ai vs Analyst IV Comparison?
Market $103
Bear $116
Base $118
Median $124
Bull $151
Market Price $103
Mulya.ai Base $118
Analysts Median $124
Mulya.ai IV range ($116 · $151)
Analysts Range ($89 · $137)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2022.Q3$5.7B21.1%19.6%$975MM−$79MM$896MM7.7%50.8%$1.9B$3.65
2023.Q3$6.3B10.0%21.5%0.0%$1.7B−$630MM$1.1B9.7%70.2%$3.0B$4.68
2024.Q3$6.4B0.7%18.8%21.5%$941MM−$924MM$17MM9.6%30.2%$3.3B$6.37
2025.Q3$6.3B-1.5%22.8%19.3%$1.2B−$463MM$690MM10.9%32.8%$3.8B$4.93
2026.Q3$6.7B7.0%26.1%18.3%$1.4B−$467MM$962MM10.4%38.8%$3.6B$6.0611.8
italics below = DCF projection · 10yr Rev CAGR: 4.5%
2027.Q3$7.1B+5.8%24.0%18.5%$1.4B−$213MM$1.2B10.8%$1.1B37.4%$3.8B$5.8917.5
2028.Q3$7.5B+5.2%25.1%18.7%$1.5B−$205MM$1.3B10.6%$1.1B38.8%$4.0B$6.4716.0
2029.Q3$7.8B+4.5%25.1%18.8%$1.6B−$188MM$1.4B10.4%$1.0B38.6%$4.2B$6.7515.3
2030.Q3$8.1B+4.3%25.1%19.0%$1.7B−$189MM$1.5B10.1%$984MM38.4%$4.4B$7.0314.7
2031.Q3$8.5B+4.2%25.1%19.2%$1.7B−$195MM$1.5B9.9%$932MM38.2%$4.6B$7.3114.1
Term. Yr+$10.8B4.1%18.6%20.0%$1.6B−$279MM$1.3B8.6%$11.6B23.6%
Active scenario IV: $118 (+13.8% vs market)