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NetScout Systems, Inc. NTCT R2K

Technology · Software - Infrastructure · United States
https://www.netscout.com

NetScout Systems, Inc. provides carrier service assurance, cybersecurity, and Distributed Denial-of-Service (DDoS) solutions to protect digital business services against disruptions. It offers nGeniusONE management software to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules to analyze and troubleshoot traffic in radio access and Wi-Fi networks; and Omnis Insights, a solution that is designed to generate a high-fidelity and curated dataset that strengthens observability and cybersecurity operations. Its platform provides real-time generation and analysis of information-rich, high-volume network-derived data for use its applications and partner networks. In addition, it offers ISNG, a real-time information platform that provides insights to optimize network performance; packet flow systems that delivers targeted network traffic access to a range of monitoring and cybersecurity tools and systems, including the nGeniusONE application; vSTREAM, a virtualized form factor version; Infinistream, an advanced passive network probe; and markets test access points that enables full and non-disruptive access to network traffic. Further, the company provides cybersecurity solutions to protect networks against DDoS attacks under the Arbor solutions, including Arbor Sightline, Arbor Threat Mitigation System, Arbor Insight, Arbor Edge Defense, and Omnis Cyber Intelligence solutions. It serves enterprise customers in financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile, wireline, and cable operators, internet service providers, and cloud providers industries; and government and associated agencies through a direct sales force, and indirect reseller and distribution channels. The company was incorporated in 1984 and is headquartered in Westford, Massachusetts.

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$41.62
+82.22% 1Y

Market & Price

Market Cap
$2.98B
Current Price
$41.62
High / Low (52W)
$42.12 / $20.77
Beta
0.61

Valuation

Stock P/E
32.02
Industry PE
32.74
Forward P/E
14.90
PEG Ratio
1.64
Book Value
$23.08
Price to Book
1.80
P/S
3.46
EV/EBITDA
13.96
Dividend Yield
-

Profitability & Returns

ROCE
6.38%
ROE
5.95%
ROA
3.07%
Profit Margin
11.12%
Op Margin
9.66%
EPS (Latest Qtr)
$0.75
EPS (TTM)
$1.30

Balance Sheet & Liquidity

Debt/Equity
2.40
Quick Ratio
1.74
Current Ratio
1.85
Debt
$39.59M
Total Assets
$2.35B
Current Assets
$867.88M
Working Capital
$397.73M

Ownership

Promoter Holding
3.82%
Chg in Prom Hold
-
FII / Inst Holding
97.73%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$2.35B
Total Revenue (TTM)
$859.48M
EBITDA
$168.20M
Free Cash Flow
$261.22M
Operating Cash Flow
$294.54M
Shares Outstanding
71.50M
Gross Margin
79.41%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-2.05%
Profit 5Y
17.00%
Revenue (YoY)
-1.00%
Earnings (YoY)
-7.10%

PROS

  • Profit CAGR of 17.0% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -2.0% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NTCT NetScout Systems, Inc. R2K 41.62 32.02 $2.98B - 6.38% 5.95% -2.05% 17.00%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Jun 2021Sep 2021Dec 2021Jun 2022Sep 2022Dec 2022Jun 2023Sep 2023Dec 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------------246.01M-186.02M216.42M260.02M-183.81M205.34M228.74M190.27M211.92M262.19M208.81M228.08M269.54M211.14M196.80M218.07M174.56M--204.99M186.75M219.02M250.68M203.03M
Cost of Revenue -----------------------------------45.70M43.42M43.61M46.03M43.93M
Gross Profit 79.45M160.92M201.56M185.04M181.92M187.54M220.51M226.00M159.19M182.62M204.44M168.63M143.08M159.82M176.42M176.47M131.28M157.29M194.44M166.62M130.84M146.44M173.46M135.86M160.27M201.72M151.10M170.44M212.74M160.74M153.75M174.45M130.20M--159.29M143.32M175.41M204.65M159.11M
Operating Expenses -----------------------------------138.80M149.36M142.62M140.31M139.50M
Operating Income 12.39M-35.27M2.25M--10.75M805.00K33.36M--33.55M-1.24M38.26M--77.05M-23.12M-641.00K--24.45M-7.29M36.82M--14.49M3.78M31.77M-10.67M12.16M55.45M-9.13M21.40M63.75M-4.70M26.29M-134.45M-463.32M--20.49M-6.04M32.79M64.34M19.61M
EBITDA -----------------------------------30.55M14.54M48.66M83.03M34.92M
Interest Expense -----------------------------------765.00K415.00K421.00K456.00K413.00K
Pretax Income -----------------------------------18.20M-2.83M31.38M66.61M23.35M
Tax Provision ------------------------------------416.00K851.00K5.55M11.47M5.11M
Net Income 7.67M-7.92M-24.51M-3.62M-9.00M-1.27M21.25M22.31M-24.22M-2.47M89.69M16.82M-62.50M-26.43M-3.60M19.21M-29.34M-17.47M36.73M7.34M-17.42M-3.69M29.02M-11.34M7.90M47.73M-7.13M17.38M52.62M-4.20M21.46M-132.58M-443.38M--18.62M-3.68M25.83M55.14M18.24M
Diluted EPS 0.19-0.09-0.25-0.04-0.10-0.010.230.24-0.27-0.031.020.20-0.78-0.34-0.050.24-0.38-0.230.490.10-0.24-0.050.39-0.150.110.64-0.100.240.72-0.060.29-1.87-6.20-0.670.25-0.050.350.75-
R&D Expense 18.06M65.90M65.13M-60.55M61.05M58.08M-58.97M58.51M44.29M-55.46M55.96M49.92M-43.73M50.06M48.61M-45.38M46.45M43.77M42.82M44.48M41.64M43.46M43.92M42.56M45.52M35.11M37.02M42.47M35.91M37.75M-39.79M40.27M39.63M-

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue ---------909.92M891.82M831.28M855.58M914.53M829.46M822.68M859.48M
Cost of Revenue -------------223.10M187.41M178.74M176.99M
Gross Profit 204.28M229.18M243.01M276.54M312.13M359.11M626.97M815.97M714.88M655.79M649.63M609.18M641.39M691.43M642.04M643.94M682.49M
Operating Expenses -------------611.99M578.41M564.08M571.79M
Operating Income 45.90M58.06M53.68M64.53M78.01M96.77M-25.55M62.06M-4.06M-71.58M17.64M37.13M48.63M79.45M63.63M79.86M110.71M
EBITDA -------------164.58M-60.87M-294.85M176.75M
Interest Expense -------------10.25M8.65M7.16M1.71M
Pretax Income -------------68.42M-144.51M-365.79M118.51M
Tax Provision -------------8.77M3.22M1.13M22.98M
Net Income 27.92M37.27M32.43M40.61M49.11M61.19M-28.37M33.29M79.81M-73.32M-2.75M19.35M35.87M59.65M-147.73M-366.92M95.53M
Diluted EPS 0.670.870.760.961.171.47-0.350.360.90-0.93-0.040.260.480.82-2.07-5.121.30
R&D Expense 36.65M40.63M49.48M61.55M70.45M75.24M208.63M232.70M215.08M203.59M188.29M179.16M171.13M176.17M161.21M152.86M159.46M

Compounded Sales Growth

5 Years:-2.05%
1 Year:-1.00%

Compounded Profit Growth

5 Years:17.00%
1 Year:-7.10%

Stock Price Performance

1 Year:+82.22%
6 Months:+55.07%
3 Months:+42.49%
1 Month:+25.47%

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets --527.57M567.76M552.18M607.76M669.05M3.59B3.60B3.37B3.27B3.12B3.09B-2.82B2.60B2.19B2.35B
Current Assets --------------617.36M672.49M713.18M867.88M
Cash & Equivalents 82.22M63.32M67.17M117.25M99.93M102.08M104.89M210.71M304.88M369.82M409.63M338.49M467.18M-386.79M389.67M457.42M586.50M
Inventory --------------17.55M12.88M11.11M11.55M
Receivables --------------143.85M192.10M163.65M151.47M
Total Liabilities --208.01M225.39M180.27M198.60M233.30M1.15B1.17B1.30B1.20B1.18B1.08B-790.91M703.24M626.18M705.26M
Current Liabilities --136.59M134.09M145.17M162.96M187.63M457.06M460.19M413.30M379.94M399.00M411.27M-453.61M395.08M407.93M470.15M
Long Term Debt --53.11M62.00M0----600.00M550.00M450.00M350.00M350.00M100.00M100.00M--
Total Debt --------------160.47M150.08M43.50M39.59M
Total Equity 225.73M266.84M319.56M342.37M371.90M409.16M435.75M2.44B2.44B2.07B2.07B1.94B2.01B-2.03B1.89B1.56B1.65B
Shares Outstanding --------------128.68M131.32M134.04M136.63M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 45.65M67.19M68.31M---97.21M226.76M222.45M149.84M225.02M213.92M-156.65M58.81M217.67M294.54M
Investing Cash Flow -59.51M-59.96M9.21M---25.09M-41.62M57.13M-26.25M-4.31M24.70M-15.30M13.36M-7.00M-92.83M
Financing Cash Flow -5.05M-3.38M-27.42M----17.23M-89.55M-220.96M-79.28M-286.87M-118.31M--419.43M-69.35M-142.01M-76.69M
Capital Expenditure -5.24M-7.49M-11.09M-11.67M-13.07M-12.81M-24.78M-29.70M-15.91M-23.39M-19.92M-11.99M--10.64M-6.36M-6.70M-9.11M
Free Cash Flow 40.41M59.70M57.22M---72.43M197.07M206.54M126.45M205.10M201.94M-146.00M52.45M210.97M285.43M
Net Change in Cash --------------247.48M2.82M68.66M125.02M
Share Buybacks 0020.59M27.45M34.32M51.71M302.78M80.00M501.32M14.47M175.00M3.27M35.65M150.04M50.00M25.26M60.80M

Ratios (Annual)

Figures in %.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % ---------72.1%72.8%73.3%75.0%75.6%77.4%78.3%79.4%
Operating Margin % ----------7.9%2.0%4.5%5.7%8.7%7.7%9.7%12.9%
Net Margin % ----------8.1%-0.3%2.3%4.2%6.5%-17.8%-44.6%11.1%
ROE % 10.5%11.7%9.5%10.9%12.0%14.0%-1.2%1.4%3.9%-3.6%-0.1%1.0%-2.9%-7.8%-23.5%5.8%
ROCE % -14.9%12.4%15.9%17.5%20.1%-0.8%2.0%-0.1%-2.5%0.6%1.4%-3.4%2.9%4.5%5.9%

Shareholding Pattern

Insiders
3.82%
Institutions
97.73%
Public Float
101.62%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.93% 11.39M $474.01M
2 Vanguard Portfolio Management LLC 7.73% 5.53M $230.11M
3 Dimensional Fund Advisors LP 5.96% 4.26M $177.26M
4 Legal & General Group PLC 5.08% 3.64M $151.29M
5 State Street Corporation 4.58% 3.28M $136.41M
6 Vanguard Capital Management LLC 4.26% 3.05M $126.75M
7 LSV Asset Management 3.84% 2.75M $114.27M
8 Robeco Institutional Asset Management B.V. 2.81% 2.01M $83.72M
9 Geode Capital Management, LLC 2.57% 1.83M $76.35M
10 First Trust Advisors LP 2.44% 1.74M $72.61M

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