ANETArista Networks

Technology

$172.90+18% 1Y

$172.90

$116.1352 weeks$216.68

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range and rich vs its sector.

1 good, 2 to watch

What the price assumes~+18% a year

Priced for ~18% a year FCF growth. The price demands less than its three-year revenue growth of 26% a year, expectations look modest.

Vs its own P/E rangedearer than 88% of its own historyderived

Expensive vs its own history: P/E 54.5 vs a 38.9 median over 41 quarters (+40% vs median).

Vs sector (EV/EBIT)45.6×

Sector median 29.4× across 209 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jun 30, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)behind 89% of the market

FCF yieldbehind 88% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What ANET's price assumes

Arista Networks trades at 54.5× earnings against 26.6× for the median Computer Hardware name, more expensive than its own group.

54.5

Trailing P/E · Computer Hardware median 26.6 · 2.05× the median: the market pays up for this one

Price / sales: 20.7
Price / sales · today's price, trailing year to Jun 30, 2026
Free cash flow yield: 1.9%
Free cash flow yield · Computer Hardware median 2.9%
Growth the price implies: +18%
Growth the price implies · The price pays for +18% free cash flow growth a year for a decade; the business has delivered +69% a year over the last three.

Details›

Price / booktoday's price, trailing year to Jun 30, 2026: 14.7
EV / EBITtoday's price, trailing year to Jun 30, 2026: 45.6
EV / salestoday's price, trailing year to Jun 30, 2026: 19.7
Technology median P/E450 names: 34.1
Computer Hardware median P/E19 names: 26.6
Free cash flow, trailing twelve months: $4.19B
Market capitalisation1.26 billion shares, counted Jul 30, 2026: $218.1B
3-year revenue growth: +26%
3-year free cash flow growth: +69%

What the market has paid for these earnings: 41 quarters of its own multiple × $3.17 of trailing earnings per share
Method	Per share
Its own P/E history, lower quartile	$97.78
Its own P/E history, median	$123.33
Its own P/E history, upper quartile	$145.89
52-week range	$116.13 – $216.68
Today	$172.90

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.