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Arista Networks Inc
ANET
106.87 (0.00%) 0.00
134.63(B)
Information Technology
Communications Equipment
Arista Networks Inc engages in the development marketing and sale of data-driven client to cloud networking solutions for data center campus and routing environments in the Americas Europe the Middle East Africa and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS) a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center and cloud networking systems including newer artificial intelligence (AI) ethernet switching platforms; campus wired and wireless products and routing systems addressing Core Routing Edge Routing Data Center Interconnect (DCI) Multi-cloud and Wide Area Networking (WAN) use cases; and a suite of value-add software solutions that leverage EOS to provide end-to-end orchestration automation analytics network monitoring and security. It also provides post contract customer support services such as technical support hardware repair and replacement parts beyond standard warranty bug fixes patches and upgrade services. The company serves a range of industries comprising internet companies service providers financial services organizations government agencies media and entertainment companies telecommunication service providers and others. It markets and sells its products through distributors system integrators value-added resellers and original equipment manufacturer partners as well as through its direct sales force. The company was formerly known as Arastra Inc. and changed its name to Arista Networks Inc in October 2008. Arista Networks Inc was incorporated in 2004 and is headquartered in Santa Clara California.
Holdings:
Shares:
Cost basis:

Arista Networks Inc (ANET) price target and intrinsic value estimate

ANET's fair price estimate is $42.0

This valuation is based on a fair P/E of 15.3 and EPS estimates of $2.74

The median analyst price target for ANET is $115.0.

Analyst price targets range from $75.0 to $145.0

Is ANET overvalued or undervalued?

ANET is currently trading at $106.87

ANET is overvalued by 155% using the pevaluation method.

ANET is undervalued by 7% compared to median analyst price targets.

Do you agree with this valuation?

Valuation

PEvaluation

Current price
$106.87
Overvalued
Low
$31.5
Median
$42.0
High
$52.4
Fair P/E
Margin of safety

Analyst valuation

Current price
$106.87
Fairly valued
Low
$75
Median
$115
High
$145
Strong Buy7
Buy14
Hold4
Sell2
Strong Sell0

Discounted cash-flow

N/A
Negative FCF or FCF estimates
TTM FCFFCF est.Growth FCFTerminal FCF
Discount
rate
10%
Terminal
rate
5%
Growth p.
length
5y
Growth p.
rate
10%
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: None/narrow
None/narrowMediumWideVery wide

Overview

Market data

Market cap:$134.63(B)
Enterprise value:$127.27(B)
Total Equity:$9.25(B)
Shares outstanding:1.26(B)
Div. yield:0.00%
P/S:20.24
P/E:50.17
P/FCF:42.41
P/B:14.56
EPS:$2.1
FCF per share:$2.5
Dividend per share:$0.0

Income (TTM)

RevenueGrossNet
Revenue$6.61(B)
Gross profit$4.26(B)
EBITDA$2.83(B)
Net income$2.66(B)
Gross margin64.4%
Net margin40.3%

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$12.85(B)
Total liabilities$3.60(B)
Cash & Short-term inv.$7.43(B)
Long-term debt$0
Debt issued$0
Debt repaid$0

Cash flow (TTM)

CFOCFICFF
FCF$3.18(B)
CapEx$-25.59(M)
Dividends paid$0
Stock issued$63.80(M)
Stock repurchased$-356.90(M)
Stock-based comp.$335.99(M)

Future Growth

Revenue

CAGR: 17.6%
FY+1FY+2FY+3FY+4FY+5
FY+1$6.97(B)
FY+2$8.30(B)
FY+3$9.78(B)
FY+4$13.08(B)
FY+5$13.34(B)

Net Income

CAGR: 23.1%
FY+1FY+2FY+3FY+4
FY+1$2.81(B)
FY+2$3.19(B)
FY+3$3.77(B)
FY+4$5.23(B)

EPS

CAGR: 16.3%
FY+1FY+2FY+3FY+4FY+5
FY+1$2.19
FY+2$2.47
FY+3$2.91
FY+4$3.91
FY+5$4.01

FCF per share

CAGR: 24.6%
FY+1FY+2FY+3FY+4
FY+1$2.28
FY+2$2.45
FY+3$3.28
FY+4$4.41

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Historical Financials

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