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NTAP vs. SNPS: A Head-to-Head Stock Comparison

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Here’s a clear look at NTAP and SNPS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolNTAPSNPS
Company NameNetApp, Inc.Synopsys, Inc.
CountryUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS IndustryTechnology Hardware, Storage & PeripheralsSoftware
Market Capitalization21.69 billion USD111.24 billion USD
ExchangeNasdaqGSNasdaqGS
Listing DateNovember 21, 1995February 26, 1992
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of NTAP and SNPS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

NTAP vs. SNPS: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolNTAPSNPS
5-Day Price Return-1.04%-2.47%
13-Week Price Return6.79%16.50%
26-Week Price Return-7.91%13.79%
52-Week Price Return-17.68%7.69%
Month-to-Date Return4.12%-5.11%
Year-to-Date Return-6.60%23.85%
10-Day Avg. Volume1.63M1.07M
3-Month Avg. Volume1.92M1.51M
3-Month Volatility23.33%36.46%
Beta1.451.17

Profitability

Return on Equity (TTM)

NTAP

123.03%

Technology Hardware, Storage & Peripherals Industry

Max
47.24%
Q3
29.40%
Median
9.11%
Q1
6.06%
Min
-0.79%

NTAP’s Return on Equity of 123.03% is exceptionally high, placing it well beyond the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

SNPS

24.09%

Software Industry

Max
59.01%
Q3
21.98%
Median
7.15%
Q1
-11.12%
Min
-51.24%

In the upper quartile for the Software industry, SNPS’s Return on Equity of 24.09% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

NTAP vs. SNPS: A comparison of their Return on Equity (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Net Profit Margin (TTM)

NTAP

18.05%

Technology Hardware, Storage & Peripherals Industry

Max
13.86%
Q3
8.17%
Median
4.62%
Q1
3.65%
Min
-0.21%

NTAP’s Net Profit Margin of 18.05% is exceptionally high, placing it well beyond the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

SNPS

34.77%

Software Industry

Max
48.14%
Q3
18.23%
Median
5.60%
Q1
-9.22%
Min
-49.36%

A Net Profit Margin of 34.77% places SNPS in the upper quartile for the Software industry, signifying strong profitability and more effective cost management than most of its peers.

NTAP vs. SNPS: A comparison of their Net Profit Margin (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Operating Profit Margin (TTM)

NTAP

20.34%

Technology Hardware, Storage & Peripherals Industry

Max
17.80%
Q3
10.33%
Median
6.31%
Q1
4.86%
Min
2.53%

NTAP’s Operating Profit Margin of 20.34% is exceptionally high, placing it well above the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

SNPS

20.88%

Software Industry

Max
57.34%
Q3
20.60%
Median
7.84%
Q1
-8.72%
Min
-51.37%

An Operating Profit Margin of 20.88% places SNPS in the upper quartile for the Software industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

NTAP vs. SNPS: A comparison of their Operating Profit Margin (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Profitability at a Glance

SymbolNTAPSNPS
Return on Equity (TTM)123.03%24.09%
Return on Assets (TTM)12.44%14.06%
Net Profit Margin (TTM)18.05%34.77%
Operating Profit Margin (TTM)20.34%20.88%
Gross Profit Margin (TTM)70.19%79.84%

Financial Strength

Current Ratio (MRQ)

NTAP

1.26

Technology Hardware, Storage & Peripherals Industry

Max
2.47
Q3
1.98
Median
1.40
Q1
1.26
Min
0.70

NTAP’s Current Ratio of 1.26 aligns with the median group of the Technology Hardware, Storage & Peripherals industry, indicating that its short-term liquidity is in line with its sector peers.

SNPS

7.02

Software Industry

Max
3.83
Q3
2.31
Median
1.45
Q1
1.03
Min
0.24

SNPS’s Current Ratio of 7.02 is exceptionally high, placing it well outside the typical range for the Software industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.

NTAP vs. SNPS: A comparison of their Current Ratio (MRQ) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Debt-to-Equity Ratio (MRQ)

NTAP

3.11

Technology Hardware, Storage & Peripherals Industry

Max
1.47
Q3
0.93
Median
0.32
Q1
0.19
Min
0.00

With a Debt-to-Equity Ratio of 3.11, NTAP operates with exceptionally high leverage compared to the Technology Hardware, Storage & Peripherals industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

SNPS

1.01

Software Industry

Max
2.14
Q3
0.90
Median
0.29
Q1
0.00
Min
0.00

SNPS’s leverage is in the upper quartile of the Software industry, with a Debt-to-Equity Ratio of 1.01. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

NTAP vs. SNPS: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Interest Coverage Ratio (TTM)

NTAP

17.59

Technology Hardware, Storage & Peripherals Industry

Max
204.63
Q3
90.22
Median
21.70
Q1
6.79
Min
-23.93

NTAP’s Interest Coverage Ratio of 17.59 is positioned comfortably within the norm for the Technology Hardware, Storage & Peripherals industry, indicating a standard and healthy capacity to cover its interest payments.

SNPS

257.02

Software Industry

Max
67.02
Q3
19.86
Median
0.70
Q1
-12.50
Min
-53.00

With an Interest Coverage Ratio of 257.02, SNPS demonstrates a superior capacity to service its debt, placing it well above the typical range for the Software industry. This stems from either robust earnings or a conservative debt load.

NTAP vs. SNPS: A comparison of their Interest Coverage Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Financial Strength at a Glance

SymbolNTAPSNPS
Current Ratio (MRQ)1.267.02
Quick Ratio (MRQ)1.226.72
Debt-to-Equity Ratio (MRQ)3.111.01
Interest Coverage Ratio (TTM)17.59257.02

Growth

Revenue Growth

NTAP vs. SNPS: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

NTAP vs. SNPS: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

NTAP

1.96%

Technology Hardware, Storage & Peripherals Industry

Max
4.50%
Q3
3.66%
Median
1.90%
Q1
0.00%
Min
0.00%

NTAP’s Dividend Yield of 1.96% is consistent with its peers in the Technology Hardware, Storage & Peripherals industry, providing a dividend return that is standard for its sector.

SNPS

0.00%

Software Industry

Max
0.08%
Q3
0.03%
Median
0.00%
Q1
0.00%
Min
0.00%

SNPS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

NTAP vs. SNPS: A comparison of their Dividend Yield (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Dividend Payout Ratio (TTM)

NTAP

35.75%

Technology Hardware, Storage & Peripherals Industry

Max
142.87%
Q3
66.07%
Median
42.79%
Q1
0.00%
Min
0.00%

NTAP’s Dividend Payout Ratio of 35.75% is within the typical range for the Technology Hardware, Storage & Peripherals industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

SNPS

0.00%

Software Industry

Max
1.32%
Q3
0.53%
Median
0.00%
Q1
0.00%
Min
0.00%

SNPS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

NTAP vs. SNPS: A comparison of their Dividend Payout Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Dividend at a Glance

SymbolNTAPSNPS
Dividend Yield (TTM)1.96%0.00%
Dividend Payout Ratio (TTM)35.75%0.00%

Valuation

Price-to-Earnings Ratio (TTM)

NTAP

18.26

Technology Hardware, Storage & Peripherals Industry

Max
43.16
Q3
27.56
Median
17.85
Q1
12.48
Min
6.21

NTAP’s P/E Ratio of 18.26 is within the middle range for the Technology Hardware, Storage & Peripherals industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

SNPS

52.11

Software Industry

Max
149.35
Q3
100.21
Median
47.97
Q1
26.77
Min
11.68

SNPS’s P/E Ratio of 52.11 is within the middle range for the Software industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

NTAP vs. SNPS: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Price-to-Sales Ratio (TTM)

NTAP

3.30

Technology Hardware, Storage & Peripherals Industry

Max
4.27
Q3
1.99
Median
0.93
Q1
0.45
Min
0.04

NTAP’s P/S Ratio of 3.30 is in the upper echelon for the Technology Hardware, Storage & Peripherals industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

SNPS

18.12

Software Industry

Max
25.24
Q3
13.52
Median
8.15
Q1
4.87
Min
0.98

SNPS’s P/S Ratio of 18.12 is in the upper echelon for the Software industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

NTAP vs. SNPS: A comparison of their Price-to-Sales Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Price-to-Book Ratio (MRQ)

NTAP

17.30

Technology Hardware, Storage & Peripherals Industry

Max
12.51
Q3
6.11
Median
1.73
Q1
1.01
Min
0.31

At 17.30, NTAP’s P/B Ratio is at an extreme premium to the Technology Hardware, Storage & Peripherals industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

SNPS

7.16

Software Industry

Max
30.95
Q3
14.91
Median
7.75
Q1
3.60
Min
0.38

SNPS’s P/B Ratio of 7.16 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

NTAP vs. SNPS: A comparison of their Price-to-Book Ratio (MRQ) against their respective Technology Hardware, Storage & Peripherals and Software industry benchmarks.

Valuation at a Glance

SymbolNTAPSNPS
Price-to-Earnings Ratio (TTM)18.2652.11
Price-to-Sales Ratio (TTM)3.3018.12
Price-to-Book Ratio (MRQ)17.307.16
Price-to-Free Cash Flow Ratio (TTM)16.1995.84