Company Valuation: Netflix, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 266,852 131,228 213,097 381,002 397,291 255,988 - -
Change - -50.82% 62.39% 78.79% 4.28% -35.57% - -
Enterprise Value (EV) 1 276,217 139,522 220,503 387,001 402,692 263,023 257,848 250,635
Change - -49.49% 58.04% 75.51% 4.05% -34.68% -1.97% -2.8%
P/E 53.6x 29.6x 40.5x 44.9x 37.1x 17.4x 16.6x 13.9x
PBR 17.3x 6.4x 10.4x 15.8x 15x 8.61x 7.48x 6.46x
PEG - -2.6x 1.9x 0.7x 1.3x 0.4x 3.25x 0.7x
Capitalization / Revenue 8.99x 4.15x 6.32x 9.77x 8.79x 5.01x 4.52x 4.12x
EV / Revenue 9.3x 4.41x 6.54x 9.92x 8.91x 5.14x 4.56x 4.03x
EV / EBITDA 40.6x 21.3x 28.8x 35.1x 28.7x 15.4x 13.1x 11x
EV / EBIT 44.6x 24.8x 31.7x 37.1x 30.2x 16.2x 13.7x 11.5x
EV / FCF -1,738x 86.2x 31.8x 55.9x 42.6x 21x 19.1x 15.8x
FCF Yield -0.06% 1.16% 3.14% 1.79% 2.35% 4.75% 5.24% 6.33%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.124 0.995 1.203 1.983 2.53 3.584 3.767 4.491
Distribution rate - - - - - - - -
Net sales 1 29,698 31,616 33,723 39,001 45,183 51,124 56,601 62,183
EBITDA 1 6,806 6,545 7,650 11,019 14,028 17,059 19,719 22,743
EBIT 1 6,195 5,633 6,954 10,418 13,327 16,203 18,866 21,795
Net income 1 5,116 4,492 5,408 8,712 10,981 15,172 15,545 18,022
Net Debt 1 9,365 8,295 7,405 5,999 5,400 7,034 1,860 -5,353
Reference price 2 60.24 29.49 48.69 89.13 93.76 62.34 62.34 62.34
Nbr of stocks (in thousands) 4,429,522 4,450,205 4,376,797 4,274,581 4,237,323 4,106,326 - -
Announcement Date 1/20/22 A 1/19/23 A 1/23/24 A 1/21/25 A 1/20/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.15x6.62x14.51x0.32% 3,425B
20.83x6.09x10.93x0.35% 1,551B
33.55x15.58x24.66x0.53% 573B
13.48x3.58x8.3x1.51% 450B
17.4x5.14x15.42x-.--% 256B
19.04x1.4x9.42x1.08% 252B
96.53x12.78x68.68x-.--% 201B
21.01x2.39x12.17x-.--% 136B
45.04x5.23x34.51x-.--% 122B
Average 31.23x 6.53x 22.07x 0.42% 774.01B
Weighted average by Cap. 20.54x 6.87x 15.86x 0.41%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Netflix, Inc.

Historical PBR trend

Valuation ratios - PBR - Netflix, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Netflix, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Netflix, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Netflix, Inc.