Company Valuation: Netflix, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,66,852 1,31,228 2,13,097 3,81,002 3,97,291 2,92,725 - -
Change - -50.82% 62.39% 78.79% 4.28% -26.32% - -
Enterprise Value (EV) 1 2,76,217 1,39,522 2,20,503 3,87,001 4,02,692 2,97,655 2,93,819 2,79,390
Change - -49.49% 58.04% 75.51% 4.05% -26.08% -1.29% -4.91%
P/E 53.6x 29.6x 40.5x 44.9x 37.1x 19.6x 18.5x 15.5x
PBR 17.3x 6.4x 10.4x 15.8x 15x 9.34x 8.01x 6.75x
PEG - -2.6x 1.9x 0.7x 1.3x 0.5x 3.04x 0.8x
Capitalization / Revenue 8.99x 4.15x 6.32x 9.77x 8.79x 5.72x 5.14x 4.67x
EV / Revenue 9.3x 4.41x 6.54x 9.92x 8.91x 5.81x 5.16x 4.46x
EV / EBITDA 40.6x 21.3x 28.8x 35.1x 28.7x 17.5x 14.7x 12.1x
EV / EBIT 44.6x 24.8x 31.7x 37.1x 30.2x 18.5x 15.4x 12.6x
EV / FCF -1,738x 86.2x 31.8x 55.9x 42.6x 23.2x 20.9x 16.8x
FCF Yield -0.06% 1.16% 3.14% 1.79% 2.35% 4.3% 4.78% 5.97%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.124 0.995 1.203 1.983 2.53 3.583 3.801 4.549
Distribution rate - - - - - - - -
Net sales 1 29,698 31,616 33,723 39,001 45,183 51,218 56,947 62,709
EBITDA 1 6,806 6,545 7,650 11,019 14,028 17,056 19,976 23,172
EBIT 1 6,195 5,633 6,954 10,418 13,327 16,124 19,071 22,141
Net income 1 5,116 4,492 5,408 8,712 10,981 15,263 15,801 18,388
Net Debt 1 9,365 8,295 7,405 5,999 5,400 4,930 1,094 -13,335
Reference price 2 60.24 29.49 48.69 89.13 93.76 70.30 70.30 70.30
Nbr of stocks (in thousands) 44,29,522 44,50,205 43,76,797 42,74,581 42,37,323 41,63,940 - -
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.($)
17.05x8.29x17.72x0.25% 4,28000Cr
23.15x7.29x12.82x0.29% 1,83100Cr
30.13x14.12x22.31x0.6% 52TCr
14.66x3.91x9.05x1.39% 49TCr
19.62x5.81x17.45x-.--% 29TCr
21.14x1.55x10.54x0.98% 28TCr
106.3x14.02x75.31x-.--% 22TCr
22.48x2.56x13.03x-.--% 15TCr
8.32x0.95x4.09x-.--% 12TCr
Average 29.21x 6.50x 20.26x 0.39% 90.72TCr
Weighted average by Cap. 21.71x 7.80x 17.41x 0.35%

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.