NetApp (FRA:NTA) Goodwill: €2,370 Mil (As of Apr. 2026)


FRA:NTA NetApp Inc FRA:NTA
91 GF Score
Price €135.14
GF Value €104.58
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NetApp Goodwill?

NetApp FRA:NTA +1.49% 91 Goodwill is €2,370 Mil as of Apr. 2026. GuruFocus rates FRA:NTA with a GF Score™ of 91/100 and a GF Value™ of €104.58 (Modestly Overvalued). The stock has 3 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. NetApp's goodwill for the quarter that ended in Apr. 2026 was €2,370 Mil.


NetApp  (FRA:NTA) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

NetApp's Goodwill-to-Asset Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Goodwill-to-Asset (A: Apr. 2026 )=Goodwill/Total Assets
=2370.06/9186.12
=0.26

NetApp's Goodwill-to-Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Goodwill-to-Asset (Q: Apr. 2026 )=Goodwill/Total Assets
=2370.06/9186.12
=0.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


NetApp Goodwill Related Terms


NetApp Goodwill Historical Data

* Premium members only.

The historical data trend for NetApp's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NetApp Goodwill Chart

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,172.40 2,516.21 2,571.39 2,423.47 2,370.06

NetApp Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,423.47 2,343.04 2,345.93 2,345.36 2,370.06
FRA:NTA
91GF Score
NetApp Inc FRA:NTA
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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NetApp Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of €2,370 Mil mean?
NetApp (FRA:NTA) has a Goodwill of €2,370 Mil as of Apr. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on NetApp and its competitors.
Is NetApp's Goodwill too high?
NetApp's current Goodwill is €2,370 Mil. Overall, NetApp has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Goodwill compare to TWLO and MDB?
NetApp's Goodwill of €2,370 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Software company?
A good Goodwill depends on the Software industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on NetApp and its competitors. NetApp's current Goodwill is €2,370 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetApp stock overvalued right now?
Based on GuruFocus' analysis, NetApp (FRA:NTA) is currently considered Modestly Overvalued. The stock's GF Value™ is €104.58, compared to a current price of €135.14 — trading 29.2% above its estimated fair value. The current Goodwill is €2,370 Mil. NetApp's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For NetApp (FRA:NTA), the current Goodwill is €2,370 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NetApp (FRA:NTA) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of €135.14 is trading 29.2% above its estimated GF Value™ of €104.58. GuruFocus considers NetApp to be Modestly Overvalued.

Key valuation signals for FRA:NTA:

  • Goodwill: €2,370 Mil
  • GF Value™: €104.58 vs. price of €135.14 (29.2% above fair value)
  • GF Score™: 91/100 with 3 warning signs

No single metric tells the full story. See the FRA:NTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NetApp Business Description

Address 3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.
91GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€135.14
Price
€104.58
GF Value