Market cap
$7,965 Mln
Revenue (TTM)
$1,730 Mln
P/E Ratio
44.4
P/B Ratio
4.7
Div. Yield
1.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -4.58 | 5.38 | 10.28 | 9.47 | 5.50 |
| EBIT | -28.13 | 1,301.85 | 54.07 | 66.75 | 1.30 |
| Net Profit | -35.03 | 145.23 | 96.85 | -8.95 | 26.30 |
| EPS | -35.49 | 142.56 | 71.13 | -11.22 | 22.67 |
| Book Value | -- | -- | -4.46 | -0.66 | 0.55 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-22 | Dec-21 |
| EBIT-Margin
| 6.22 | 8.14 | 9.90 | 7.53 | 8.04 |
| Net Margin
| 8.61 | 9.83 | 10.54 | 8.53 | 6.14 |
| Return on equity
| 10.33 | 11.51 | 17.45 | 11.74 | 7.30 |
| Return on Capital
| 8.52 | 10.36 | -- | 8.44 | 6.07 |
| Return on Assets
| 6.27 | 7.63 | 6.73 | 6.24 | 4.46 |
| Debt to Equity (x)
| -- | -- | 0.46 | 0.51 | 0.28 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
--
|
8.44
|
6.07
|
11.03
|
13.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
17.45
Higher than Peers by 6.55
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
17.45
|
11.74
|
7.30
|
11.97
|
13.43
|
|
Peer Median
|
10.90
|
--
|
--
|
--
|
--
|
ROA
6.73
Higher than Peers by 2.95
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
6.73
|
6.24
|
4.46
|
8.11
|
9.76
|
|
Peer Median
|
3.79
|
--
|
--
|
--
|
--
|
EBIT Margin
9.90
Higher than Peers by 1.04
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
9.90
|
7.53
|
8.04
|
3.09
|
9.07
|
|
Peer Median
|
8.86
|
--
|
--
|
--
|
--
|
Net Margin
10.54
Higher than Peers by 1.01
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
10.54
|
8.53
|
6.14
|
11.17
|
11.93
|
|
Peer Median
|
9.53
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.28
Lower than Peers by 5.28
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
10.28
|
0.13
|
0.14
|
-0.05
|
0.00
|
|
Peer Median
|
15.56
|
--
|
--
|
--
|
--
|
EBIT Growth
54.07
Higher than Peers by 24.34
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
54.07
|
5.61
|
196.92
|
-67.57
|
-30.39
|
|
Peer Median
|
29.73
|
--
|
--
|
--
|
--
|
Net Profit Growth
96.85
Higher than Peers by 66.30
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
96.85
|
56.35
|
-37.83
|
-11.40
|
4.58
|
|
Peer Median
|
30.55
|
--
|
--
|
--
|
--
|
EPS Growth
71.13
Higher than Peers by 8.67
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
71.13
|
0.58
|
-0.39
|
-0.12
|
0.06
|
|
Peer Median
|
62.45
|
--
|
--
|
--
|
--
|
Book Value Growth
3.06
Lower than Peers by 20.34
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
3.06
|
--
|
--
|
--
|
--
|
|
Peer Median
|
23.40
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.46
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
0.46
|
0.51
|
0.28
|
0.12
|
0.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.03
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
0.03
|
0.03
|
0.01
|
0.02
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.49
Higher than Peers by 0.88
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
2.49
|
2.08
|
2.09
|
2.22
|
3.09
|
|
Peer Median
|
1.61
|
--
|
--
|
--
|
--
|
Quick Ratio
1.54
Lower than Peers by 0.04
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
1.54
|
1.34
|
1.44
|
1.72
|
2.44
|
|
Peer Median
|
1.58
|
--
|
--
|
--
|
--
|
Interest Coverage
7.81
Lower than Peers by 7.00
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
7.81
|
7.52
|
31.26
|
21.13
|
2.12
|
|
Peer Median
|
14.81
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
22.54
Higher than Peers by 4.50
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
22.54
|
26.87
|
23.22
|
20.74
|
18.39
|
|
Peer Median
|
18.04
|
--
|
--
|
--
|
--
|
Asset Turnover
0.65
Higher than Peers by 0.21
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
0.65
|
0.74
|
0.73
|
0.73
|
0.81
|
|
Peer Median
|
0.44
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
--
|
86.69
|
75.57
|
73.20
|
66.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
--
|
231.36
|
209.65
|
194.09
|
213.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
--
|
47.08
|
58.28
|
50.84
|
54.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
--
|
270.96
|
226.94
|
216.45
|
225.74
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
44.43
Lower than Peers by 6.22
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
44.43
|
34.81
|
65.14
|
40.29
|
34.32
|
|
Peer Median
|
50.65
|
--
|
--
|
--
|
--
|
Price / Book Value
4.67
Lower than Peers by 3.88
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
4.67
|
4.20
|
4.75
|
4.73
|
4.73
|
|
Peer Median
|
8.55
|
--
|
--
|
--
|
--
|
Dividend Yield
1.87
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
1.87
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
20.91
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
20.91
|
24.63
|
27.35
|
-170.77
|
26.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
7,965
Higher than Peers by 6,881
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
National Instruments (NATI)
|
7,965
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,084
|
--
|
--
|
--
|
--
|