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
83% of the 2073 Companies
in the Global Software - Application industry.

( Industry Median: 5.15 vs. NATI: No Debt )
NATI' s 10-Year Cash to Debt Range
Min: 0.4   Max: No Debt
Current: No Debt

Equity to Asset 0.77
NATI's Equity to Asset is ranked higher than
87% of the 2005 Companies
in the Global Software - Application industry.

( Industry Median: 0.60 vs. NATI: 0.77 )
NATI' s 10-Year Equity to Asset Range
Min: 0.69   Max: 0.86
Current: 0.77

0.69
0.86
Interest Coverage No Debt
NATI's Interest Coverage is ranked higher than
95% of the 1365 Companies
in the Global Software - Application industry.

( Industry Median: 985.82 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: 9.55
M-Score: -2.82
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 (%) 10.70
NATI's Operating margin (%) is ranked higher than
82% of the 2055 Companies
in the Global Software - Application industry.

( Industry Median: 5.43 vs. NATI: 10.70 )
NATI' s 10-Year Operating margin (%) Range
Min: 6.88   Max: 20.71
Current: 10.7

6.88
20.71
Net-margin (%) 9.46
NATI's Net-margin (%) is ranked higher than
83% of the 2055 Companies
in the Global Software - Application industry.

( Industry Median: 3.74 vs. NATI: 9.46 )
NATI' s 10-Year Net-margin (%) Range
Min: 2.53   Max: 14.46
Current: 9.46

2.53
14.46
ROE (%) 11.03
NATI's ROE (%) is ranked higher than
79% of the 1999 Companies
in the Global Software - Application industry.

( Industry Median: 7.10 vs. NATI: 11.03 )
NATI' s 10-Year ROE (%) Range
Min: 2.59   Max: 23.27
Current: 11.03

2.59
23.27
ROA (%) 8.36
NATI's ROA (%) is ranked higher than
85% of the 2078 Companies
in the Global Software - Application industry.

( Industry Median: 3.78 vs. NATI: 8.36 )
NATI' s 10-Year ROA (%) Range
Min: 2.08   Max: 17.98
Current: 8.36

2.08
17.98
ROC (Joel Greenblatt) (%) 27.11
NATI's ROC (Joel Greenblatt) (%) is ranked higher than
71% of the 2065 Companies
in the Global Software - Application industry.

( Industry Median: 29.04 vs. NATI: 27.11 )
NATI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 15.63   Max: 72.57
Current: 27.11

15.63
72.57
Revenue Growth (%) 8.30
NATI's Revenue Growth (%) is ranked higher than
76% of the 1667 Companies
in the Global Software - Application industry.

( Industry Median: 5.60 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
64% of the 1357 Companies
in the Global Software - Application industry.

( Industry Median: 7.30 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
61% of the 1265 Companies
in the Global Software - Application industry.

( Industry Median: 9.10 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

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
Q3 2014

NATI Guru Trades in Q3 2014

Murray Stahl 26,398 sh (+6.4%)
Mariko Gordon 163,318 sh (unchged)
Chuck Royce 6,020,551 sh (-0.4%)
Jim Simons 77,166 sh (-9.5%)
Joel Greenblatt 29,287 sh (-42.39%)
» 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
Joel Greenblatt 2014-09-30 Reduce -42.39%0.01%$31.1 - $33.355 $ 32.280%29287
Mariko Gordon 2014-06-30 New Buy0.22%$26.7 - $32.15 $ 32.2813%163318
Joel Greenblatt 2014-06-30 New Buy0.02%$26.7 - $32.15 $ 32.2813%50837
Meridian Funds 2013-06-30 New Buy0.3%$26.56 - $31.97 $ 32.2812%288400
Ron Baron 2013-06-30 Sold Out 0.18%$26.56 - $31.97 $ 32.2812%0
Ron Baron 2012-03-31 Reduce -33.33%0.08%$24.51 - $28.41 $ 32.2828%1000000
Ray Dalio 2011-12-31 Sold Out 0.08%$21.72 - $28.29 $ 32.2826%0
Ray Dalio 2011-09-30 Reduce -33.75%0.05%$22.16 - $31.02 $ 32.2826%220401
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 35.80
NATI's P/E(ttm) is ranked higher than
75% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 54.30 vs. NATI: 35.80 )
NATI' s 10-Year P/E(ttm) Range
Min: 15.78   Max: 143.4
Current: 35.8

15.78
143.4
P/B 3.79
NATI's P/B is ranked higher than
66% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 3.33 vs. NATI: 3.79 )
NATI' s 10-Year P/B Range
Min: 1.94   Max: 6.23
Current: 3.79

1.94
6.23
P/S 3.39
NATI's P/S is ranked higher than
64% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 2.68 vs. NATI: 3.39 )
NATI' s 10-Year P/S Range
Min: 1.65   Max: 6.68
Current: 3.39

1.65
6.68
PFCF 27.83
NATI's PFCF is ranked higher than
82% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 27.83 )
NATI' s 10-Year PFCF Range
Min: 16.41   Max: 545.83
Current: 27.83

16.41
545.83
EV-to-EBIT 28.30
NATI's EV-to-EBIT is ranked higher than
72% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 34.57 vs. NATI: 28.30 )
NATI' s 10-Year EV-to-EBIT Range
Min: 11.7   Max: 66.7
Current: 28.3

11.7
66.7
PEG 2.76
NATI's PEG is ranked higher than
87% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 2.76 )
NATI' s 10-Year PEG Range
Min: 0.95   Max: 792.47
Current: 2.76

0.95
792.47
Shiller P/E 43.48
NATI's Shiller P/E is ranked higher than
84% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 43.48 )
NATI' s 10-Year Shiller P/E Range
Min: 19.47   Max: 65.09
Current: 43.48

19.47
65.09
Current Ratio 3.63
NATI's Current Ratio is ranked higher than
86% of the 2037 Companies
in the Global Software - Application industry.

( Industry Median: 1.91 vs. NATI: 3.63 )
NATI' s 10-Year Current Ratio Range
Min: 3.13   Max: 5.22
Current: 3.63

3.13
5.22
Quick Ratio 2.95
NATI's Quick Ratio is ranked higher than
82% of the 2037 Companies
in the Global Software - Application industry.

( Industry Median: 1.78 vs. NATI: 2.95 )
NATI' s 10-Year Quick Ratio Range
Min: 2.42   Max: 4.58
Current: 2.95

2.42
4.58

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.86
NATI's Dividend Yield is ranked higher than
59% of the 1035 Companies
in the Global Software - Application industry.

( Industry Median: 1.62 vs. NATI: 1.86 )
NATI' s 10-Year Dividend Yield Range
Min: 0.19   Max: 2.73
Current: 1.86

0.19
2.73
Dividend Payout 0.66
NATI's Dividend Payout is ranked higher than
78% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 0.66 )
NATI' s 10-Year Dividend Payout Range
Min: 0.18   Max: 4
Current: 0.66

0.18
4
Dividend growth (3y) 17.30
NATI's Dividend growth (3y) is ranked higher than
86% of the 621 Companies
in the Global Software - Application industry.

( Industry Median: 4.60 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) 4.22
NATI's Yield on cost (5-Year) is ranked higher than
81% of the 1065 Companies
in the Global Software - Application industry.

( Industry Median: 1.74 vs. NATI: 4.22 )
NATI' s 10-Year Yield on cost (5-Year) Range
Min: 0.42   Max: 6.06
Current: 4.22

0.42
6.06
Share Buyback Rate -1.90
NATI's Share Buyback Rate is ranked higher than
69% of the 1434 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 36.27
NATI's Price/Net Cash is ranked higher than
84% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 36.27 )
NATI' s 10-Year Price/Net Cash Range
Min: 14.36   Max: 281.18
Current: 36.27

14.36
281.18
Price/Net Current Asset Value 12.09
NATI's Price/Net Current Asset Value is ranked higher than
84% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 12.09 )
NATI' s 10-Year Price/Net Current Asset Value Range
Min: 6.87   Max: 133.33
Current: 12.09

6.87
133.33
Price/Tangible Book 4.80
NATI's Price/Tangible Book is ranked higher than
76% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 8.60 vs. NATI: 4.80 )
NATI' s 10-Year Price/Tangible Book Range
Min: 2.63   Max: 9.4
Current: 4.8

2.63
9.4
Price/DCF (Projected) 1.92
NATI's Price/DCF (Projected) is ranked higher than
82% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 14.83 vs. NATI: 1.92 )
NATI' s 10-Year Price/DCF (Projected) Range
Min: 0.94   Max: 4.91
Current: 1.92

0.94
4.91
Price/Median PS Value 1.02
NATI's Price/Median PS Value is ranked higher than
79% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 1.22 vs. NATI: 1.02 )
NATI' s 10-Year Price/Median PS Value Range
Min: 0.56   Max: 2.1
Current: 1.02

0.56
2.1
Price/Peter Lynch Fair Value 5.49
NATI's Price/Peter Lynch Fair Value is ranked higher than
88% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 5.49 )
NATI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.1   Max: 15.96
Current: 5.49

1.1
15.96
Price/Graham Number 2.77
NATI's Price/Graham Number is ranked higher than
81% of the 2264 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. NATI: 2.77 )
NATI' s 10-Year Price/Graham Number Range
Min: 1.58   Max: 4.97
Current: 2.77

1.58
4.97
Earnings Yield (Greenblatt) 3.50
NATI's Earnings Yield (Greenblatt) is ranked higher than
70% of the 2026 Companies
in the Global Software - Application industry.

( Industry Median: 3.70 vs. NATI: 3.50 )
NATI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 8.5
Current: 3.5

1.5
8.5
Forward Rate of Return (Yacktman) 8.35
NATI's Forward Rate of Return (Yacktman) is ranked higher than
77% of the 1509 Companies
in the Global Software - Application industry.

( Industry Median: 5.09 vs. NATI: 8.35 )
NATI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -5.9   Max: 21.2
Current: 8.35

-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 Corp was incorporated under the laws of the State of Texas in May 1976 and reincorporated in Delaware in June 1994. It completed its IPO of its common stock in March 1995. Its flagship software product is LabVIEW. In addition to LabVIEW, NI offers LabWindows/CVI and Measurement Studio as alternative programming environments. NI offers software products, including NI TestStand, NI VeriStand, NI DIAdem and NI Multisim, which are integrated to LabVIEW. The Company's hardware and related driver software products include data acquisition "DAQ", PXI chassis and controllers, image acquisition, motion control, distributed I/O, modular instruments and embedded control hardware/software, industrial communications interfaces, General Purpose Interface Bus "GPIB" interfaces, and VME Extension for Instrumentation "VXI" Controllers. It serves the following industries and applications; advanced research, automotive, automated test equipment, consumer electronics, commercial aerospace, computers and electronics, continuous process manufacturing, education, government/defense, medical research/pharmaceutical, power/energy, semiconductors, telecommunications and others. The Company markets its products in higher education environments, and in colleges, universities and trade and technical schools. It sells its software and hardware products through direct sales organization. It's major competitor is Agilent Technologies Inc. "Agilent". As of December 31, 2013, the Company held 765 U.S. patents "762 utility patents and 3 design patents" and 27 patents in foreign countries "25 patents registered in Europe in other countries; and 2 patents in Japan", and had 211 patent applications pending in the U.S. and foreign countries.
» 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
Today's Strong And Under The Radar Stock: National Instruments (NATI) Nov 10 2014
NATIONAL INSTRUMENTS CORP /DE/ Financials Nov 06 2014
Will National Instruments Lead In The Next Generation Of IoT Tools? Nov 06 2014
10-Q for National Instruments Corp. Nov 03 2014
NATIONAL INSTRUMENTS CORP /DE/ Files SEC form 8-K, Change in Directors or Principal Officers Oct 31 2014
NATIONAL INSTRUMENTS CORP /DE/ Files SEC form 10-Q, Quarterly Report Oct 31 2014
National Instruments Corp Earnings Call scheduled for 5:00 pm ET today Oct 30 2014
National Instruments posts 3Q profit Oct 30 2014
NI Reports Record Quarterly Revenue of $314 Million Oct 30 2014
NI Declares Quarterly Dividend Oct 30 2014
NATIONAL INSTRUMENTS CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition Oct 30 2014
NI Declares Quarterly Dividend Oct 30 2014
NI Reports Record Quarterly Revenue of $314 Million Oct 30 2014
Q3 2014 National Instruments Corp Earnings Release - After Market Close Oct 30 2014
NI Collaborates With CROWD to Define 5G Wireless Communications Oct 15 2014
NI Introduces Industry’s Widest Bandwidth High-Performance Microwave Vector Signal Analyzer and... Oct 07 2014
NI Holds NIDays 2014 in Singapore Oct 03 2014
National Instruments Announces Upcoming Schedule of Events With the Financial Community Oct 02 2014
NI Announces Rugged Compact Vision System for USB3 Vision Cameras Sep 29 2014
NI Introduces Online Condition Monitoring Solution That Addresses Big Analog Data Challenges Sep 23 2014

Personalized Checklist

Checklist has been moved to "Checklist" tab.

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