NETSCOUT SYSTEMS INC (NTCT)

Services-Computer Integrated Systems Design

Latest Price

$38.37

TTM P/E

23.40

Normalized P/E

Div Yield

Book Value

23.16

P/B Ratio

1.66

Valuation metrics

EPS: $1.30

Book value / share: $22.89

Formula: √(22.5 × EPS × BVPS)

Graham Number

$25.87

33% downside

Norm. op. income: $37M (median of 7yr)

Tax rate: 15%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$12.98

66% downside

Base FCF: $212M (median of recent 5yr)

Growth: 12%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$91.37

+138% upside

EPS: $1.30

Target P/E: 23×

Formula: EPS × P/E

P/E Fair Value

$29.90

22% downside

93.8% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	11.44M	$498.0M	15.73%	+46.8K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	5.59M	$243.0M	7.69%	+62.0K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	4.33M	$188.0M	5.95%	+69.0K	2026-06-30
Legal & General Group Plc	3.81M	$165.0M	5.24%	+175.9K	2026-06-30
STATE STREET CORP	3.58M	$155.0M	4.92%	+301.9K	2026-06-30
LSV ASSET MANAGEMENT	3.16M	$137.0M	4.35%	+416.2K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	3.06M	$133.0M	4.20%	+9.7K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	2.15M	$93.0M	2.96%	+318.9K	2026-06-30
Robeco Institutional Asset Management B.V.	2.06M	$89.0M	2.83%	+44.6K	2026-06-30
FIRST TRUST ADVISORS LP	1.96M	$85.0M	2.70%	+218.3K	2026-06-30