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 73,267 139,241 165,004 255,852 - -
Change - -16.05% 97.59% 90.05% 18.5% 55.06% - -
Enterprise Value (EV) 1 40,764 34,058 68,259 130,938 154,261 240,439 235,630 231,345
Change - -16.45% 100.42% 91.82% 17.81% 55.86% -2% -1.82%
P/E 54.7x 28.4x 35.8x 49.6x 47.6x 53.2x 41.5x 33.3x
PBR 11.1x 7.61x 10.1x 13.9x 13.3x 14.9x 11.3x 8.65x
PEG - 0.5x 0.7x 1.4x 2x 1.4x 1.5x 1.3x
Capitalization / Revenue 15x 8.46x 12.5x 19.9x 18.3x 20.2x 15.8x 12.9x
EV / Revenue 13.8x 7.77x 11.6x 18.7x 17.1x 19x 14.5x 11.7x
EV / EBITDA 34.2x 18.3x 25.5x 38.6x 35x 38.1x 28.7x 23.4x
EV / EBIT 35.7x 19x 26.2x 39.4x 35.6x 39.1x 29.6x 23.6x
EV / FCF 42.9x 76x 34.1x 35.6x 36.3x 42.2x 35.3x 29.7x
FCF Yield 2.33% 1.32% 2.93% 2.81% 2.76% 2.37% 2.83% 3.36%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.6575 1.068 1.645 2.23 2.75 3.813 4.887 6.094
Distribution rate - - - - - - - -
Net sales 1 2,948 4,381 5,860 7,003 9,006 12,665 16,232 19,758
EBITDA 1 1,191 1,859 2,674 3,389 4,410 6,311 8,224 9,902
EBIT 1 1,141 1,796 2,603 3,327 4,337 6,147 7,954 9,796
Net income 1 840.9 1,352 2,087 2,852 3,511 4,885 6,143 7,428
Net Debt 1 -3,408 -3,024 -5,008 -8,303 -10,743 -15,413 -20,222 -24,507
Reference price 2 35.94 30.34 58.88 110.53 131.03 202.86 202.86 202.86
Nbr of stocks (in thousands) 1,229,134 1,222,290 1,244,401 1,259,760 1,259,285 1,261,225 - -
Announcement Date 14/02/22 13/02/23 12/02/24 18/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.07x5.84x15.13x1.59% 422B
53.2x18.98x38.1x-.--% 256B
19.3x0.78x14.1x2.35% 173B
26.3x8.33x20.12x0.47% 142B
45.92x13.52x30.13x-.--% 87.32B
32.28x6.31x18.27x1.08% 73.83B
28.98x6.56x21.89x1.43% 55.97B
42.72x2.32x14.97x1.66% 58.12B
61.19x7.92x35.02x-.--% 50.33B
Average 37.33x 7.84x 23.08x 0.95% 146.48B
Weighted average by Cap. 34.33x 8.49x 22.20x 1.06%

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. ANET Stock
  5. Valuation Arista Networks, Inc.