NetApp (MEX:NTAP) Goodwill-to-Asset: 0.26 (As of Apr. 2026)

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MEX:NTAP NetApp Inc MEX:NTAP
63 GF Score
Price MXN3,381.66
GF Value MXN1,971.55
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is NetApp Goodwill-to-Asset?

NetApp MEX:NTAP 63 Goodwill-to-Asset is 0.26 as of Apr. 2026. GuruFocus rates MEX:NTAP with a GF Score™ of 63/100 and a GF Value™ of MXN1,971.55 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. NetApp's Goodwill for the quarter that ended in Apr. 2026 was MXN48,555 Mil. NetApp's Total Assets for the quarter that ended in Apr. 2026 was MXN188,193 Mil. Therefore, NetApp's Goodwill to Asset Ratio for the quarter that ended in Apr. 2026 was 0.26.


NetApp  (MEX:NTAP) Goodwill-to-Asset Explanation

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-to-Asset Related Terms


NetApp Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for NetApp's Goodwill-to-Asset 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-to-Asset Chart

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.28 0.28 0.25 0.26

NetApp Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Goodwill-to-Asset 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 0.25 0.28 0.28 0.28 0.26

MEX:NTAP vs TWLO, CRWV, VRSN: Goodwill-to-Asset Comparison

For the Software - Infrastructure subindustry, NetApp's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NetApp Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, NetApp's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where NetApp's Goodwill-to-Asset falls into.


MEX:NTAP
63GF Score
NetApp Inc MEX:NTAP
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NetApp Goodwill-to-Asset Calculation

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
=48554.629/188192.979
=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
=48554.629/188192.979
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.26 mean?
NetApp (MEX:NTAP) has a Goodwill-to-Asset of 0.26 as of Apr. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on NetApp and its competitors.
Is NetApp's Goodwill-to-Asset too high?
NetApp's current Goodwill-to-Asset is 0.26. Overall, NetApp has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Goodwill-to-Asset compare to TWLO and CRWV?
NetApp's Goodwill-to-Asset of 0.26 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-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on NetApp and its competitors. NetApp's current Goodwill-to-Asset is 0.26. 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 (MEX:NTAP) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,971.55, compared to a current price of MXN3,381.66 — trading 71.5% above its estimated fair value. The current Goodwill-to-Asset is 0.26. NetApp's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For NetApp (MEX:NTAP), the current Goodwill-to-Asset is 0.26 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 (MEX:NTAP) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of MXN3,381.66 is trading 71.5% above its estimated GF Value™ of MXN1,971.55. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for MEX:NTAP:

  • Goodwill-to-Asset: 0.26
  • GF Value™: MXN1,971.55 vs. price of MXN3,381.66 (71.5% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the MEX:NTAP 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.
63GF Score

Get the complete analysis for MEX:NTAP

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

MXN3,381.66
Price
MXN1,971.55
GF Value