Company Valuation: Netflix, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 266,852 131,228 213,097 381,002 397,291 275,329 - -
Change - -50.82% 62.39% 78.79% 4.28% -30.7% - -
Enterprise Value (EV) 1 276,217 139,522 220,503 387,001 402,692 282,363 277,189 269,976
Change - -49.49% 58.04% 75.51% 4.05% -29.88% -1.83% -2.6%
P/E 53.6x 29.6x 40.5x 44.9x 37.1x 18.7x 17.8x 14.9x
PBR 17.3x 6.4x 10.4x 15.8x 15x 9.26x 8.05x 6.95x
PEG - -2.6x 1.9x 0.7x 1.3x 0.4x 3.48x 0.8x
Capitalization / Revenue 8.99x 4.15x 6.32x 9.77x 8.79x 5.39x 4.86x 4.42x
EV / Revenue 9.3x 4.41x 6.54x 9.92x 8.91x 5.52x 4.89x 4.34x
EV / EBITDA 40.6x 21.3x 28.8x 35.1x 28.7x 16.6x 14.1x 11.9x
EV / EBIT 44.6x 24.8x 31.7x 37.1x 30.2x 17.4x 14.7x 12.4x
EV / FCF -1,738x 86.2x 31.8x 55.9x 42.6x 22.5x 20.5x 17x
FCF Yield -0.06% 1.16% 3.14% 1.79% 2.35% 4.45% 4.87% 5.87%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.124 0.995 1.203 1.983 2.53 3.582 3.765 4.487
Distribution rate - - - - - - - -
Net sales 1 29,698 31,616 33,723 39,001 45,183 51,126 56,634 62,249
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 16,206 18,860 21,796
Net income 1 5,116 4,492 5,408 8,712 10,981 15,170 15,549 18,043
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 67.05 67.05 67.05
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 1/19/23 1/23/24 1/21/25 1/20/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.74x7.63x16.31x0.27% 3,946B
22.16x6.51x11.65x0.33% 1,659B
32.37x15.14x23.92x0.55% 555B
13.21x3.51x8.13x1.54% 439B
18.72x5.52x16.55x-.--% 275B
19.25x1.41x9.49x1.07% 253B
104.3x13.85x74.39x-.--% 217B
21.75x2.48x12.6x-.--% 141B
8.07x0.9x3.88x-.--% 113B
Average 28.40x 6.33x 19.66x 0.42% 844.21B
Weighted average by Cap. 20.96x 7.39x 16.56x 0.38%

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.