NTAP vs SNDK vs SNOW Stock Comparison

NetApp, Sandisk and Snowflake Prices as of Nov 2, 2026 Peers: Industry group
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NTAP NetApp, Inc.
$185.26 -18.1% 1M +57.3% 1Y
Market cap
$36.31B
P/E
25.6x
Revenue (TTM)
$7.39B
Div. yield
1.12%
Server and Storage Hardware Technology
2 wins
SNDK Sandisk Corp
$1,075.08 -37.5% 1M +439.3% 1Y
Market cap
$156.96B
P/E
8.1x
Revenue (TTM)
$28.97B
Div. yield
–
Server and Storage Hardware Technology
7 wins
SNOW Snowflake Inc.
$290.52 -14.8% 1M +5.7% 1Y
Market cap
$102.40B
P/E
–
Revenue (TTM)
$5.43B
Div. yield
–
Data Infrastructure Technology

Head to Head

9 decided of 12

Sandisk leads on 7 of the 12 questions below (Sandisk 7, NetApp 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNTAPSNDKSNOWLeader
Larger companyMarket capitalisation $36.31B $156.96B $102.40B SNDK
Cheaper on earningsLower P/E, profitable companies only 25.6x 8.1x -93.0x SNDK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.6x 5.2x 135.8x SNDK
Faster revenue growthRevenue growth, trailing twelve months +12.2% +272.4% +32.0% SNDK
More profitableNet margin, trailing twelve months 19.2% 67.0% -20.1% SNDK
Better return on capitalReturn on invested capital 36.7% — — –
Less leveragedLower net debt / EBITDA -0.5x — — –
Higher dividend yieldTrailing dividend yield 1.12% 0.00% — –
Better 1-year returnPrice return, last 12 months +57.3% +439.3% +5.7% SNDK
Better 5-year returnAnnualised price return, 5 years +15.5%/yr — -3.8%/yr NTAP
Less volatileAnnualised volatility, 1 year 46.5% 112.5% 64.1% NTAP
Higher overall scoreMean of the five percentile scores vs peers 60/100 90/100 45/100 SNDK

Percentile Scorecard

NTAPSNDKSNOW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNTAPSNDKSNOW
Valuation 49 #58 of 112 78 #25 of 112 28 #90 of 124
Growth 53 #51 of 108 100 #1 of 108 70 #35 of 113
Profitability 91 #10 of 104 100 #1 of 104 50 #56 of 110
Financial Health 28 #84 of 116 83 #21 of 116 23 #100 of 129
Shareholder Returns 77 #19 of 80 89 #10 of 80 58 #29 of 67
Overall 60 90 45
  • NTAP ranked among 121 companies in Computer Hardware
  • SNDK ranked among 121 companies in Computer Hardware
  • SNOW ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNTAPSNDKSNOWSPY
1 month -18.1%-37.5%-14.8% -2.3%
3 months +1.3%-16.5%-5.6% -0.7%
6 months +67.0%-14.4%+101.5% +4.8%
Year to date +73.0%+352.9%+32.4% +10.3%
1 year +57.3%+439.3%+5.7% +10.3%
3 years +144.1%—+93.7% +73.0%
3 years, per year +34.7%—+24.7% +20.1%
5 years +105.8%—-17.7% +61.9%
5 years, per year +15.5%—-3.8% +10.1%
10 years +471.4%—— +258.6%
10 years, per year +19.0%—— +13.6%

Risk

MeasureNTAPSNDKSNOWSPY
Volatility, 1Y 46.5%112.5%64.1% 12.8%
Downside volatility, 1Y 42.3%108.5%56.1% 12.8%
Beta vs S&P 500, 1Y 1.504.121.45 1.00
Return / volatility, 1Y 1.233.910.09 0.80
Max drawdown, 5Y -43.5%-56.5%-73.0% -25.4%
From 52-week high -22.5%-54.0%-21.3% -3.5%
52-week high $239.18$2,335.00$368.93 $779.14
52-week low $94.11$194.38$121.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNTAPSNDKSNOW
P/E now vs peer median 25.6xmedian 29.9x 8.1xmedian 29.9x -93.0xmedian 35.6x
P/S now vs peer median 4.9xmedian 2.8x 5.4xmedian 2.8x 18.8xmedian 4.2x
EV/EBITDA now vs peer median 17.3xmedian 18.5x 7.2xmedian 18.5x -127.5xmedian 30.0x
P/FCF now vs peer median 22.0xmedian 28.0x 9.0xmedian 28.0x 85.7xmedian 25.2x
P/B now vs peer median 24.3xmedian 2.8x 8.7xmedian 2.8x 47.6xmedian 3.2x
PEG now vs peer median 3.12median 1.00 —median 1.00 15.74median 1.21

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNTAPSNDKSNOW
Revenue $7.39B $28.97B $5.43B
Gross profit $5.22B $23.16B $3.64B
Operating income $1.85B $20.99B -$1.24B
Net income $1.42B $19.42B -$1.09B
Free cash flow $1.65B $17.37B $1.20B
R&D $1.02B $1.40B $2.11B
EPS (diluted) $7.09 $125.30 $-3.12
Cash & equivalents $1.57B $5.14B $1.71B
Total debt $2.49B – –
Shares (diluted) 200.00M 155.00M 349.26M
Enterprise value $19.13B $141.79B $89.71B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNTAPSNDKSNOW
P/E 25.6x 8.1x -93.0x
P/FCF 22.0x 9.0x 85.7x
P/Operating cash flow 19.1x 8.9x 81.7x
P/S 4.9x 5.4x 18.8x
P/B 24.3x 8.7x 47.6x
P/Tangible book 24.9x 8.7x 59.4x
EV/EBITDA 17.3x 7.2x -127.5x
EV/EBIT 19.0x 7.2x -80.9x
EV/Revenue 4.8x 5.2x 18.4x
EV/FCF 21.3x 8.7x 83.7x
EV/Operating cash flow 18.6x 8.7x 79.8x
PEG (3Y EPS CAGR) 3.12 – 15.74

Growth

14 metrics
MetricNTAPSNDKSNOW
Revenue growth (1Y) 12.2% 272.4% 32.0%
Revenue CAGR (3Y) 6.0% – 30.5%
Gross profit growth (1Y) 13.2% 965.9% 32.9%
Gross profit CAGR (3Y) 7.9% – 31.0%
Operating income growth (1Y) 35.6% 1,507% 19.7%
Operating income CAGR (3Y) 25.3% – -7.2%
Net income growth (1Y) 21.1% 1,216% 21.1%
Net income CAGR (3Y) 5.5% – -8.2%
EPS growth (1Y) 22.9% 1,173% 24.1%
EPS CAGR (3Y) 8.2% – -5.9%
Operating cash flow growth (1Y) 3.2% 2,396% 49.6%
Operating cash flow CAGR (3Y) 14.0% – 22.7%
Free cash flow growth (1Y) -0.5% 3,265% 59.1%
Free cash flow CAGR (3Y) 15.5% – 22.4%

Profitability

14 metrics
MetricNTAPSNDKSNOW
Gross margin 70.6% 80.0% 67.0%
EBITDA margin 27.5% 73.0% -14.4%
Operating margin 25.0% 72.5% -22.8%
Pretax margin 24.7% 76.7% -19.8%
Net margin 19.2% 67.0% -20.1%
FCF margin 22.3% 59.9% 22.0%
Operating cash flow margin 25.7% 60.6% 23.1%
Return on equity 99.6% 114.7% -53.2%
Return on assets 13.1% 80.4% -12.6%
Return on invested capital 36.7% – –
Return on capital employed 29.4% 115.4% -25.2%
Asset turnover 0.7x 1.2x 0.6x
Cash conversion (OCF / net income) 1.3x 0.9x -1.1x
Stock comp / revenue 5.4% 0.9% 30.2%

Financial Health

11 metrics
MetricNTAPSNDKSNOW
Debt / assets 22.7% – –
Debt / equity 1.7x – –
Net debt / EBITDA -0.5x – –
Debt / FCF 1.5x – –
Liabilities / assets 86.4% 29.7% 75.3%
Equity / assets 13.6% 70.3% 24.7%
Interest coverage – 599.8x -148.8x
Current ratio 1.2x 2.6x 0.9x
Quick ratio 1.0x 16.7x 0.8x
Cash ratio 0.8x 0.9x 0.6x
Altman Z-score 3.69 17.51 7.86

Shareholder Returns

7 metrics
MetricNTAPSNDKSNOW
Dividend yield 1.1% – –
Net buyback yield 2.0% 3.2% 0.4%
Shareholder yield 3.2% 3.2% 0.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNTAPSNDKSNOW
Forward P/E 17.6xFY2026 5.2xFY2027 135.8xFY2026
EPS, next fiscal year $10.50FY2026 $206.11FY2027 $2.14FY2026
EPS growth, next FY +29.2%FY2026 +190.8%FY2027 +71.2%FY2026
EPS growth, the year after +8.7% +36.1% +36.9%
Revenue, next fiscal year $8.49BFY2026 $50.93BFY2027 $6.16BFY2026
Revenue growth, next FY +22.7%FY2026 +151.5%FY2027 +31.5%FY2026
Revenue growth, the year after +8.6% +10.4% +41.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNTAPSNDKSNOW
Held by institutions 97.4% – 79.8%
Institutions holding 960 – 1,460
Change in shares held, QoQ -1.0% – +9.1%
Institutions buying 502 – 850
Institutions selling 336 – 474
Buyers to sellers 1.49 – 1.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NTAPSNDKSNOW
NTAP 1.00 0.19 0.29
SNDK 0.19 1.00 0.06
SNOW 0.29 0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NTAP, SNDK and SNOW?

Sandisk (SNDK) is the largest by market capitalisation: NetApp (NTAP) $36.31B, Sandisk (SNDK) $156.96B, Snowflake (SNOW) $102.40B.

Which stock is cheaper, NTAP, SNDK and SNOW?

Sandisk (SNDK) trades on the lowest price-to-earnings ratio (NetApp (NTAP) 25.6x, Sandisk (SNDK) 8.1x, Snowflake (SNOW) -93.0x). On next year's consensus earnings, Sandisk (SNDK) is cheapest (NetApp (NTAP) 17.6x, Sandisk (SNDK) 5.2x, Snowflake (SNOW) 135.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Sandisk (SNDK) grew revenue fastest over the trailing twelve months: NetApp (NTAP) +12.2%, Sandisk (SNDK) +272.4%, Snowflake (SNOW) +32.0%.

Which company is more profitable?

Sandisk (SNDK) has the highest net margin (NetApp (NTAP) 19.2%, Sandisk (SNDK) 67.0%, Snowflake (SNOW) -20.1%).

Which stock has performed better?

Over the past year Sandisk (SNDK) returned the most: NetApp (NTAP) +57.3%, Sandisk (SNDK) +439.3%, Snowflake (SNOW) +5.7%. Over five years, NetApp (NTAP) compounded fastest (NetApp (NTAP) +15.5%/yr, Snowflake (SNOW) -3.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: NetApp (NTAP) 1.12%, Sandisk (SNDK) 0.00%. Sandisk (SNDK) and Snowflake (SNOW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, NetApp (NTAP) has been the steadiest (NetApp (NTAP) 46.5%, Sandisk (SNDK) 112.5%, Snowflake (SNOW) 64.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NTAP, SNDK and SNOW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sandisk (SNDK) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.