Company Valuation: Netflix, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,66,852 1,31,228 2,13,097 3,81,002 3,97,291 3,66,424 - -
Change - -50.82% 62.39% 78.79% 4.28% -7.77% - -
Enterprise Value (EV) 1 2,76,217 1,39,522 2,20,503 3,87,001 4,02,692 3,67,909 3,63,335 3,55,698
Change - -49.49% 58.04% 75.51% 4.05% -8.64% -1.24% -2.1%
P/E ratio 53.6x 29.6x 40.5x 44.9x 37.1x 24.2x 22.7x 19.1x
PBR 17.3x 6.4x 10.4x 15.8x 15x 10.9x 9.2x 7.63x
PEG - -2.6x 1.9x 0.7x 1.3x 0.6x 3.45x 1x
Capitalization / Revenue 8.99x 4.15x 6.32x 9.77x 8.79x 7.13x 6.38x 5.79x
EV / Revenue 9.3x 4.41x 6.54x 9.92x 8.91x 7.16x 6.33x 5.62x
EV / EBITDA 40.6x 21.3x 28.8x 35.1x 28.7x 21.5x 17.8x 14.9x
EV / EBIT 44.6x 24.8x 31.7x 37.1x 30.2x 22.6x 18.7x 15.7x
EV / FCF -1,738x 86.2x 31.8x 55.9x 42.6x 27.9x 25.5x 21x
FCF Yield -0.06% 1.16% 3.14% 1.79% 2.35% 3.58% 3.92% 4.77%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.124 0.995 1.203 1.983 2.53 3.594 3.831 4.564
Distribution rate - - - - - - - -
Net sales 1 29,698 31,616 33,723 39,001 45,183 51,406 57,409 63,244
EBITDA 1 6,806 6,545 7,650 11,019 14,028 17,130 20,438 23,943
EBIT 1 6,195 5,633 6,954 10,418 13,327 16,274 19,424 22,673
Net income 1 5,116 4,492 5,408 8,712 10,981 15,368 16,183 19,003
Net Debt 1 9,365 8,295 7,405 5,999 5,400 1,485 -3,088 -10,725
Reference price 2 60.24 29.49 48.69 89.13 93.76 87.02 87.02 87.02
Nbr of stocks (in thousands) 44,29,522 44,50,205 43,76,797 42,74,581 42,37,323 42,10,799 - -
Announcement Date 20/01/22 19/01/23 23/01/24 21/01/25 20/01/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.21x7.16x21.48x-.--% 37TCr
15.3x4.18x9.83x1.36% 53TCr
25.48x2.64x13.61x-.--% 15TCr
9.96x12.04x119.93x0.42% 11TCr
5.58x83.47x3.14x0.14% 9.66TCr
29.19x3.53x22.89x-.--% 8.98TCr
26.14x4.86x13.7x-.--% 7.88TCr
61.95x3.64x17.71x-.--% 6.94TCr
8.77x4.05x43.16x0.51% 3.94TCr
13.37x1.17x6.17x0.76% 2.73TCr
Average 22.00x 12.67x 27.16x 0.32% 15.52TCr
Weighted average by Cap. 20.68x 10.12x 22.10x 0.52%

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. Equities
  3. NFLX Stock
  4. Valuation Netflix, Inc.