Company Valuation: Netflix, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 266,852 131,228 213,097 381,002 397,291 286,854 - -
Change - -50.82% 62.39% 78.79% 4.28% -27.8% - -
Enterprise Value (EV) 1 276,217 139,522 220,503 387,001 402,692 291,732 285,726 273,284
Change - -49.49% 58.04% 75.51% 4.05% -27.55% -2.06% -4.35%
P/E 53.6x 29.6x 40.5x 44.9x 37.1x 19.4x 18.1x 15.1x
PBR 17.3x 6.4x 10.4x 15.8x 15x 9.29x 7.79x 6.4x
PEG - -2.6x 1.9x 0.7x 1.3x 0.5x 2.57x 0.8x
Capitalization / Revenue 8.99x 4.15x 6.32x 9.77x 8.79x 5.6x 5.03x 4.57x
EV / Revenue 9.3x 4.41x 6.54x 9.92x 8.91x 5.7x 5.01x 4.35x
EV / EBITDA 40.6x 21.3x 28.8x 35.1x 28.7x 17.1x 14.2x 11.7x
EV / EBIT 44.6x 24.8x 31.7x 37.1x 30.2x 18.1x 14.9x 12.3x
EV / FCF -1,738x 86.2x 31.8x 55.9x 42.6x 22.5x 20x 16.3x
FCF Yield -0.06% 1.16% 3.14% 1.79% 2.35% 4.44% 4.99% 6.12%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.124 0.995 1.203 1.983 2.53 3.558 3.809 4.555
Distribution rate - - - - - - - -
Net sales 1 29,698 31,616 33,723 39,001 45,183 51,209 57,005 62,800
EBITDA 1 6,806 6,545 7,650 11,019 14,028 17,042 20,086 23,329
EBIT 1 6,195 5,633 6,954 10,418 13,327 16,137 19,140 22,246
Net income 1 5,116 4,492 5,408 8,712 10,981 15,272 15,851 18,442
Net Debt 1 9,365 8,295 7,405 5,999 5,400 4,879 -1,128 -13,570
Reference price 2 60.24 29.49 48.69 89.13 93.76 68.89 68.89 68.89
Nbr of stocks (in thousands) 4,429,522 4,450,205 4,376,797 4,274,581 4,237,323 4,163,940 - -
Announcement Date 20/01/22 19/01/23 23/01/24 21/01/25 20/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.98x4.08x9.52x1.38% 510B
22.7x2.42x12.53x-.--% 140B
4.22x89.01x3.22x0.13% 109B
32.25x3.91x25.77x-.--% 96.43B
10.22x7.49x85.85x0.68% 87.59B
27.04x5.06x14.29x-.--% 81.65B
66.72x3.88x18.94x-.--% 73.97B
8x2.72x42.84x0.77% 35.7B
715.26x4.63x218.6x-.--% 27.24B
Average 100.16x 13.69x 47.95x 0.33% 129.07B
Weighted average by Cap. 36.33x 12.12x 23.26x 0.69%

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