ANETArista Networks
Is the price fair?
Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range and rich vs its sector.
Priced for ~18% a year FCF growth. The price demands less than its three-year revenue growth of 26% a year, expectations look modest.
Expensive vs its own history: P/E 54.5 vs a 38.9 median over 41 quarters (+40% vs median).
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.
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.
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%
| 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.
What is it worth?
Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.
Against its own past
Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.
Computer Hardware
The closest names by size in the same industry