Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt No Debt
NATI's Cash to Debt is ranked higher than
77% of the 1702 Companies
in the Global Software - Application industry.

( Industry Median: 20.91 vs. NATI: No Debt )
NATI' s 10-Year Cash to Debt Range
Min: 0.4   Max: No Debt
Current: No Debt

Equity to Asset 0.75
NATI's Equity to Asset is ranked higher than
83% of the 1664 Companies
in the Global Software - Application industry.

( Industry Median: 0.60 vs. NATI: 0.75 )
NATI' s 10-Year Equity to Asset Range
Min: 0.69   Max: 0.86
Current: 0.75

0.69
0.86
Interest Coverage No Debt
NATI's Interest Coverage is ranked higher than
86% of the 1085 Companies
in the Global Software - Application industry.

( Industry Median: 434.43 vs. NATI: No Debt )
NATI' s 10-Year Interest Coverage Range
Min: 29.44   Max: 9999.99
Current: No Debt

29.44
9999.99
F-Score: 7
Z-Score: 9.37
M-Score: -2.66
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 8.41
NATI's Operating margin (%) is ranked higher than
77% of the 1673 Companies
in the Global Software - Application industry.

( Industry Median: 5.43 vs. NATI: 8.41 )
NATI' s 10-Year Operating margin (%) Range
Min: 6.88   Max: 20.71
Current: 8.41

6.88
20.71
Net-margin (%) 6.87
NATI's Net-margin (%) is ranked higher than
77% of the 1672 Companies
in the Global Software - Application industry.

( Industry Median: 3.67 vs. NATI: 6.87 )
NATI' s 10-Year Net-margin (%) Range
Min: 2.53   Max: 14.46
Current: 6.87

2.53
14.46
ROE (%) 7.87
NATI's ROE (%) is ranked higher than
71% of the 1630 Companies
in the Global Software - Application industry.

( Industry Median: 6.75 vs. NATI: 7.87 )
NATI' s 10-Year ROE (%) Range
Min: 2.61   Max: 20.77
Current: 7.87

2.61
20.77
ROA (%) 5.99
NATI's ROA (%) is ranked higher than
78% of the 1690 Companies
in the Global Software - Application industry.

( Industry Median: 3.50 vs. NATI: 5.99 )
NATI' s 10-Year ROA (%) Range
Min: 2.1   Max: 16.43
Current: 5.99

2.1
16.43
ROC (Joel Greenblatt) (%) 20.96
NATI's ROC (Joel Greenblatt) (%) is ranked higher than
66% of the 1673 Companies
in the Global Software - Application industry.

( Industry Median: 30.08 vs. NATI: 20.96 )
NATI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 16.72   Max: 54.5
Current: 20.96

16.72
54.5
Revenue Growth (%) 8.30
NATI's Revenue Growth (%) is ranked higher than
75% of the 1401 Companies
in the Global Software - Application industry.

( Industry Median: 5.80 vs. NATI: 8.30 )
NATI' s 10-Year Revenue Growth (%) Range
Min: 1.1   Max: 17.2
Current: 8.3

1.1
17.2
EBITDA Growth (%) -1.70
NATI's EBITDA Growth (%) is ranked higher than
62% of the 1136 Companies
in the Global Software - Application industry.

( Industry Median: 6.90 vs. NATI: -1.70 )
NATI' s 10-Year EBITDA Growth (%) Range
Min: -11.1   Max: 25.1
Current: -1.7

-11.1
25.1
EPS Growth (%) -11.40
NATI's EPS Growth (%) is ranked higher than
59% of the 1073 Companies
in the Global Software - Application industry.

( Industry Median: 7.60 vs. NATI: -11.40 )
NATI' s 10-Year EPS Growth (%) Range
Min: -36.7   Max: 69.5
Current: -11.4

-36.7
69.5
» NATI's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

NATI Guru Trades in Q3 2013

Murray Stahl 11,239 sh (New)
Steven Cohen Sold Out
Jim Simons Sold Out
Paul Tudor Jones Sold Out
Chuck Royce 6,059,651 sh (-2.47%)
» More
Q4 2013

NATI Guru Trades in Q4 2013

Steven Cohen 15,997 sh (New)
Murray Stahl 17,047 sh (+51.68%)
Chuck Royce 5,994,551 sh (-1.07%)
» More
Q1 2014

NATI Guru Trades in Q1 2014

Jim Simons 87,066 sh (New)
Paul Tudor Jones 9,194 sh (New)
Steven Cohen 26,325 sh (+64.56%)
Murray Stahl 26,176 sh (+53.55%)
Chuck Royce 5,994,551 sh (unchged)
» More
Q2 2014

NATI Guru Trades in Q2 2014

Mariko Gordon 163,318 sh (New)
Joel Greenblatt 50,837 sh (New)
Chuck Royce 6,044,551 sh (+0.83%)
Paul Tudor Jones Sold Out
Jim Simons 85,266 sh (-2.07%)
Murray Stahl 24,811 sh (-5.21%)
» More
» Details

Insider Trades

Latest Guru Trades with NATI

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mariko Gordon 2014-06-30 New Buy0.22%$26.7 - $32.15 $ 33.1516%163318
Joel Greenblatt 2014-06-30 New Buy0.02%$26.7 - $32.15 $ 33.1516%50837
Meridian Funds 2013-06-30 New Buy0.3%$26.56 - $31.97 $ 33.1516%288400
Ron Baron 2013-06-30 Sold Out 0.18%$26.56 - $31.97 $ 33.1516%0
Ron Baron 2012-03-31 Reduce -33.33%0.08%$24.51 - $28.41 $ 33.1532%1000000
Ray Dalio 2011-12-31 Sold Out 0.08%$21.72 - $28.29 $ 33.1529%0
Ray Dalio 2011-09-30 Reduce -33.75%0.05%$22.16 - $31.02 $ 33.1529%220401
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 46.00
NATI's P/E(ttm) is ranked higher than
66% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 48.90 vs. NATI: 46.00 )
NATI' s 10-Year P/E(ttm) Range
Min: 15.78   Max: 143.4
Current: 46

15.78
143.4
P/B 3.95
NATI's P/B is ranked higher than
55% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 2.95 vs. NATI: 3.95 )
NATI' s 10-Year P/B Range
Min: 1.94   Max: 6.23
Current: 3.95

1.94
6.23
P/S 3.53
NATI's P/S is ranked higher than
50% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 2.37 vs. NATI: 3.53 )
NATI' s 10-Year P/S Range
Min: 1.65   Max: 6.68
Current: 3.53

1.65
6.68
PFCF 32.50
NATI's PFCF is ranked higher than
74% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 32.50 )
NATI' s 10-Year PFCF Range
Min: 16.41   Max: 545.83
Current: 32.5

16.41
545.83
EV-to-EBIT 32.58
NATI's EV-to-EBIT is ranked higher than
70% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 34.84 vs. NATI: 32.58 )
NATI' s 10-Year EV-to-EBIT Range
Min: 11.7   Max: 66.7
Current: 32.58

11.7
66.7
PEG 3.54
NATI's PEG is ranked higher than
85% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 3.54 )
NATI' s 10-Year PEG Range
Min: 0.95   Max: 792.47
Current: 3.54

0.95
792.47
Shiller P/E 45.60
NATI's Shiller P/E is ranked higher than
79% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 45.60 )
NATI' s 10-Year Shiller P/E Range
Min: 19.81   Max: 65.09
Current: 45.6

19.81
65.09
Current Ratio 3.53
NATI's Current Ratio is ranked higher than
82% of the 1308 Companies
in the Global Software - Application industry.

( Industry Median: 2.04 vs. NATI: 3.53 )
NATI' s 10-Year Current Ratio Range
Min: 3.13   Max: 5.22
Current: 3.53

3.13
5.22
Quick Ratio 2.87
NATI's Quick Ratio is ranked higher than
77% of the 1308 Companies
in the Global Software - Application industry.

( Industry Median: 1.91 vs. NATI: 2.87 )
NATI' s 10-Year Quick Ratio Range
Min: 2.42   Max: 4.58
Current: 2.87

2.42
4.58

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.78
NATI's Dividend Yield is ranked higher than
57% of the 881 Companies
in the Global Software - Application industry.

( Industry Median: 1.62 vs. NATI: 1.78 )
NATI' s 10-Year Dividend Yield Range
Min: 0.11   Max: 2.73
Current: 1.78

0.11
2.73
Dividend Payout 0.81
NATI's Dividend Payout is ranked higher than
77% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 0.81 )
NATI' s 10-Year Dividend Payout Range
Min: 0.18   Max: 4
Current: 0.81

0.18
4
Dividend growth (3y) 17.30
NATI's Dividend growth (3y) is ranked higher than
88% of the 516 Companies
in the Global Software - Application industry.

( Industry Median: 0.30 vs. NATI: 17.30 )
NATI' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 53.8
Current: 17.3

0
53.8
Yield on cost (5-Year) 4.00
NATI's Yield on cost (5-Year) is ranked higher than
81% of the 912 Companies
in the Global Software - Application industry.

( Industry Median: 1.69 vs. NATI: 4.00 )
NATI' s 10-Year Yield on cost (5-Year) Range
Min: 0.24   Max: 6.06
Current: 4

0.24
6.06
Share Buyback Rate -1.90
NATI's Share Buyback Rate is ranked higher than
68% of the 1184 Companies
in the Global Software - Application industry.

( Industry Median: -1.30 vs. NATI: -1.90 )
NATI' s 10-Year Share Buyback Rate Range
Min: 1.4   Max: -2.9
Current: -1.9

Valuation & Return

vs
industry
vs
history
Price/Net Cash 77.09
NATI's Price/Net Cash is ranked higher than
84% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 77.09 )
NATI' s 10-Year Price/Net Cash Range
Min: 14.36   Max: 281.18
Current: 77.09

14.36
281.18
Price/Net Current Asset Value 14.11
NATI's Price/Net Current Asset Value is ranked higher than
85% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 14.11 )
NATI' s 10-Year Price/Net Current Asset Value Range
Min: 6.87   Max: 133.33
Current: 14.11

6.87
133.33
Price/Tangible Book 5.06
NATI's Price/Tangible Book is ranked higher than
70% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 7.48 vs. NATI: 5.06 )
NATI' s 10-Year Price/Tangible Book Range
Min: 2.63   Max: 9.4
Current: 5.06

2.63
9.4
Price/DCF (Projected) 2.11
NATI's Price/DCF (Projected) is ranked higher than
79% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 8.28 vs. NATI: 2.11 )
NATI' s 10-Year Price/DCF (Projected) Range
Min: 0.94   Max: 5.14
Current: 2.11

0.94
5.14
Price/Median PS Value 1.05
NATI's Price/Median PS Value is ranked higher than
76% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 1.20 vs. NATI: 1.05 )
NATI' s 10-Year Price/Median PS Value Range
Min: 0.56   Max: 2.09
Current: 1.05

0.56
2.09
Price/Peter Lynch Fair Value 4.54
NATI's Price/Peter Lynch Fair Value is ranked higher than
87% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 4.54 )
NATI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.1   Max: 15.96
Current: 4.54

1.1
15.96
Price/Graham Number 3.22
NATI's Price/Graham Number is ranked higher than
76% of the 1830 Companies
in the Global Software - Application industry.

( Industry Median: 10.14 vs. NATI: 3.22 )
NATI' s 10-Year Price/Graham Number Range
Min: 1.58   Max: 4.97
Current: 3.22

1.58
4.97
Earnings Yield (Greenblatt) 3.10
NATI's Earnings Yield (Greenblatt) is ranked higher than
56% of the 1445 Companies
in the Global Software - Application industry.

( Industry Median: 5.60 vs. NATI: 3.10 )
NATI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 8.5
Current: 3.1

1.5
8.5
Forward Rate of Return (Yacktman) 11.69
NATI's Forward Rate of Return (Yacktman) is ranked higher than
78% of the 1267 Companies
in the Global Software - Application industry.

( Industry Median: 5.90 vs. NATI: 11.69 )
NATI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -5.9   Max: 21.2
Current: 11.69

-5.9
21.2

Business Description

Industry: Application Software » Software - Application
Compare:CRM, SQI, RHT, INTU, ADBE » details
Traded in other countries:NI1.Germany
National Instruments Corporation was incorporated under the laws of the State of Texas in May 1976 and reincorporated in Delaware in June 1994. The Company designs, manufactures and sells tools to engineers and scientists that accelerate productivity, innovation and discovery. Customers use the company's products to measure electrical signals, such as voltage, and to observe physical phenomena, such as temperature. Geographically, its operations are segmented into four regions: Americas, Europe, East Asia and Emerging Asia Rest of World. Its software and hardware products are primarily sold through a direct sales organization. It also uses independent distributors, OEMs, VARs, system integrators and consultants to market their products.
» More Articles for NATI

Headlines

Articles On GuruFocus.com
Agilent Has Focused on Several Strategic Actions Mar 20 2014 
The Best Yielding Ex-Dividend Stocks on February 14, 2013 Feb 13 2013 
National Instruments Corp. (NATI) COO, CFO & Executive VP Alexander M Davern sells 3,427 Shares Feb 15 2011 
National Instruments Corp. (NATI) COO, CFO & Executive VP Alexander M Davern sells 9,691 Shares Jan 28 2011 
National Instruments Corp. Reports Operating Results (10-Q) Nov 03 2010 
National Instruments Corp. (NATI) CFO & Senior Vice President Alexander M Davern sells 4,000 Shares Aug 12 2010 
National Instruments Corp. Reports Operating Results (10-Q) Aug 06 2010 
National Instruments Corp. (NATI) CFO & Senior Vice President Alexander M Davern sells 3,804 Shares May 28 2010 
National Instruments Corp. Reports Operating Results (10-Q) May 06 2010 
National Instruments Corp. (NATI) CFO & Senior Vice President Alexander M Davern sells 1,000 Shares Apr 30 2010 

More From Other Websites
We Continue to Circle the Same Worries... Aug 26 2014
Is National Instruments Corporation (NATI) Stock a Solid Choice Right Now? Aug 20 2014
NATIONAL INSTRUMENTS CORP /DE/ Financials Aug 08 2014
New CompactRIO Software-Designed Controller Simplifies Control Systems Aug 06 2014
Averna Wins National Instruments 2014 Partner of the Year Award for the Americas Aug 05 2014
NI Lowers Semiconductor ATE Cost with PXI-Based Test Systems Aug 05 2014
Reduce Measurement System Cost with the New, Rugged CompactDAQ Controller Aug 05 2014
NI Announces New Wave of Software-Designed Instruments Aug 05 2014
Make Informed Decisions Fast With LabVIEW 2014 Aug 04 2014
National Instruments to Host Investor Conference at NIWeek Aug 04 2014
NATIONAL INSTRUMENTS CORP /DE/ Files SEC form 10-Q, Quarterly Report Aug 01 2014
NATIONAL INSTRUMENTS CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition Jul 29 2014
NI Declares Quarterly Dividend Jul 29 2014
NI Reports Record Quarterly Revenue and 13 Percent YOY Order Growth Jul 29 2014
Q2 2014 National Instruments Earnings Release - Time Not Supplied Jul 29 2014
NI System on Module Helps Engineers Develop Embedded Systems Faster, With Less Risk Jul 16 2014
National Instruments Announces Upcoming Schedule of Events With the Financial Community Jul 01 2014
National Instruments Stepping Ahead Of Agilent Technologies With New 5G LabVIEW Wireless Design... Jun 30 2014
NI and TechShop Announce Partnership Jun 25 2014
National Instruments Corp Stock Upgraded (NATI) Jun 18 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK