Hewlett Packard Enterprise vs NetApp
HPE and NTAP side by side, both in computer and office equipment. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How HPE and NTAP compare
Hewlett Packard Enterprise is the larger company, worth 1.9 times as much as NetApp ($73.1B against $39.1B).
On earnings, NetApp is cheaper: it trades at 28.1× trailing earnings, against 28.7× for Hewlett Packard Enterprise.
Hewlett Packard Enterprise grew revenue faster over the last twelve months (26.6% versus 12.7% for NetApp).
NetApp keeps more of each dollar of sales as profit, with a net margin of 21.8% compared with 6.7% at Hewlett Packard Enterprise.
Both pay dividends: Hewlett Packard Enterprise yields 1.0% and NetApp 1.0%.
NetApp scores higher on the StockData Score (18 against 12 for Hewlett Packard Enterprise), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | HPE | NTAP |
|---|---|---|
| Size and price | ||
| Market cap | $73.1B | $39.1B |
| Share price | $55.09 | $199.18 |
| Change, 1 year | 127% | 74.5% |
| Change, 5 years | 256% | 119% |
| Beta (5Y) | 1.27 | 1.18 |
| Employees | 67K | 12K |
| StockData Score | ||
| Total score | 12 | 18 (better) |
| Valuation score | 1 (better) | 0 |
| Growth score | 2 | 4 (better) |
| Performance score | 3 | 6 (better) |
| Health score | 3 | 4 (better) |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 28.7× | 28.1× (better) |
| P/S | 1.7× (better) | 6.0× |
| P/B | 2.8× (better) | 26.2× |
| EV/EBITDA | 14.3× (better) | 18.9× |
| P/FCF | 17.6× (better) | 23.7× |
| PEG | – | 8.98 |
| FCF yield | 5.7% (better) | 4.2% |
| Fair value | $49.40 | $157.07 |
| Margin of safety | −11.5% (better) | −26.8% |
| Growth | ||
| Revenue growth (TTM) | 26.6% (better) | 12.7% |
| Revenue growth, 5Y average | 4.9% (better) | 1.7% |
| Net income growth (TTM) | 124% (better) | 21.1% |
| EPS growth (TTM) | 137% (better) | 25.4% |
| EPS growth, 5Y average | – | 14.5% |
| Profitability | ||
| Gross margin | – | 80.3% |
| Operating margin | 6.2% | 28.5% (better) |
| Net margin | 6.7% | 21.8% (better) |
| FCF margin | 9.9% | 25.4% (better) |
| Return on equity | 11.0% | 115% (better) |
| Return on invested capital | 6.2% | 528% (better) |
| Financial health | ||
| Debt / equity | 0.76 (better) | 1.66 |
| Net debt / EBITDA | 2.30 (better) | −0.54 |
| Current ratio | 1.11 | 1.24 (better) |
| Altman Z-score | 1.41 | 3.78 (better) |
| Piotroski F-score | 4 | 7 (better) |
| Dividends and buybacks | ||
| Dividend yield | 1.0% | 1.0% (better) |
| Payout ratio | 26.5% | 29.0% |
| Years of dividend growth | 0 | 0 |
| Dividend growth, 5Y average | 7.6% (better) | 1.6% |
| Buyback yield | 0.75% | 2.2% (better) |
| Shareholder yield | 1.8% | 3.2% (better) |
| Ownership | ||
| Held by institutions | 89.1% | 99.0% |
| Held by insiders | 0.52% | 0.48% |
| Insider net buying, 12 months | −$51.9M | −$31.3M (better) |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 3.8% | 5.5% |
Go deeper
- HPE stock overview
- HPE income statement
- HPE valuation and score
- NTAP stock overview
- NTAP income statement
- NTAP valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.