Company Valuation: Arista Networks, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,172 37,081 73,267 139,241 165,004 212,314 - -
Change - -16.05% 97.59% 90.05% 18.5% 28.67% - -
Enterprise Value (EV) 1 40,764 34,058 68,259 130,938 154,261 197,044 192,921 189,478
Change - -16.45% 100.42% 91.82% 17.81% 27.73% -2.09% -1.78%
P/E 54.7x 28.4x 35.8x 49.6x 47.6x 50x 40.3x 32.2x
PBR 11.1x 7.61x 10.1x 13.9x 13.3x 12.8x 10.1x 7.31x
PEG - 0.5x 0.7x 1.4x 2x 2.2x 1.7x 1.3x
Capitalization / Revenue 15x 8.46x 12.5x 19.9x 18.3x 18.3x 14.8x 12.1x
EV / Revenue 13.8x 7.77x 11.6x 18.7x 17.1x 17x 13.4x 10.8x
EV / EBITDA 34.2x 18.3x 25.5x 38.6x 35x 35.4x 27.9x 22.5x
EV / EBIT 35.7x 19x 26.2x 39.4x 35.6x 36.1x 28.3x 22.5x
EV / FCF 42.9x 76x 34.1x 35.6x 36.3x 38.4x 34.3x 29.3x
FCF Yield 2.33% 1.32% 2.93% 2.81% 2.76% 2.61% 2.92% 3.42%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.6575 1.068 1.645 2.23 2.75 3.373 4.184 5.235
Distribution rate - - - - - - - -
Net sales 1 2,948 4,381 5,860 7,003 9,006 11,617 14,378 17,478
EBITDA 1 1,191 1,859 2,674 3,389 4,410 5,564 6,914 8,431
EBIT 1 1,141 1,796 2,603 3,327 4,337 5,457 6,817 8,410
Net income 1 840.9 1,352 2,087 2,852 3,511 4,292 5,246 6,268
Net Debt 1 -3,408 -3,024 -5,008 -8,303 -10,743 -15,271 -19,393 -22,836
Reference price 2 35.94 30.34 58.88 110.53 131.03 168.61 168.61 168.61
Nbr of stocks (in thousands) 1,229,134 1,222,290 1,244,401 1,259,760 1,259,285 1,259,203 - -
Announcement Date 2/14/22 2/13/23 2/12/24 2/18/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
33.72x7.07x18.25x1.51% 432B
40.33x12.39x31.15x0.27% 183B
20.55x0.85x14.91x2.19% 185B
31.22x5.95x17.42x1.15% 68.75B
36.39x2.31x14.98x1.65% 58.74B
74.7x8.7x40.17x-.--% 55.04B
142.98x18.41x53.98x-.--% 54.94B
26.48x5.73x19.84x1.64% 48.4B
19.42x2.72x12.85x3.15% 46.16B
Average 47.31x 7.13x 24.84x 1.28% 125.79B
Weighted average by Cap. 39.03x 7.00x 22.22x 1.33%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ANET Stock
  4. 0HHR Stock
  5. Valuation Arista Networks, Inc.