Netflix Inc
NASDAQ:NFLX
Netflix Inc
NASDAQ:NFLX
Price:
328.39 USD
+2.5%
Market Closed
Updated:
Mar 26, 2023
Section:
Relative Value
The Relative Value of one
NFLX
stock under the Base Case scenario is
251.2
USD.
Compared to the current market price of 328.39 USD,
Netflix Inc
is
Overvalued by 24%.
Relative valuation is one of two methods of placing a monetary value on a company; the other is Discounted Cash Flow valuation method. We use a combination of these two methods to calculate the Intrinsic Value of stock as accurately as possible.
Relative Valuation FAQ:
NFLX
Relative Value
Base Case
251.2
USD
Overvaluation 24%
Valuation Multiples
Multiples Across Competitors
NFLX Competitors Multiples
Netflix Inc Competitors
Netflix Inc Competitors
| Market Cap | P/S | P/E | EV/EBITDA | EV/EBIT | ||||
|---|---|---|---|---|---|---|---|---|
| US |
|
Netflix Inc
NASDAQ:NFLX
|
146B USD | 4.6 | 32.6 | 7.7 | 27.4 | |
| US |
|
Walt Disney Co
NYSE:DIS
|
168B USD | 2 | 50.5 | 17.3 | 31 | |
| NL |
U
|
Universal Music Group NV
AEX:UMG
|
41.3B EUR | 4.4 | 61.2 | 29.3 | 29.3 | |
| LU |
|
Spotify Technology SA
NYSE:SPOT
|
24.8B USD | 2 | -53.6 | -44.4 | -32.8 | |
| FR |
|
Bollore SE
PAR:BOL
|
16.5B EUR | 0.9 | 2.6 | 12.3 | 46 | |
| US |
|
Warner Music Group Corp
NASDAQ:WMG
|
16.2B USD | 2.8 | 33.9 | 18.7 | 27.9 | |
| US |
|
Live Nation Entertainment Inc
NYSE:LYV
|
15.3B USD | 0.8 | 240.9 | 12.7 | 20.5 | |
| CN |
|
Tencent Music Entertainment Group
NYSE:TME
|
13B USD | 3.1 | 24.2 | 23 | 23 | |
| CN |
M
|
Mango Excellent Media Co Ltd
SZSE:300413
|
71.3B CNY | 5.1 | 39.3 | 40.1 | 40.1 | |
| US |
|
Roku Inc
NASDAQ:ROKU
|
8.4B USD | 2.7 | -16.9 | -13.6 | -12.3 | |
| US |
|
Endeavor Group Holdings Inc
NYSE:EDR
|
6.8B USD | 1.3 | 52.3 | 13.1 | 19.2 |
| P/S Multiple | Revenue Growth | |||
|---|---|---|---|---|
| US |
|
Netflix Inc
NASDAQ:NFLX
|
4.6
|
38%
|
| US |
|
Walt Disney Co
NYSE:DIS
|
2
|
24%
|
| NL |
U
|
Universal Music Group NV
AEX:UMG
|
4.4
|
17%
|
| LU |
|
Spotify Technology SA
NYSE:SPOT
|
2
|
50%
|
| FR |
|
Bollore SE
PAR:BOL
|
0.9
|
39%
|
| US |
|
Warner Music Group Corp
NASDAQ:WMG
|
2.8
|
19%
|
| US |
|
Live Nation Entertainment Inc
NYSE:LYV
|
0.8
|
18%
|
| CN |
|
Tencent Music Entertainment Group
NYSE:TME
|
3.1
|
22%
|
| CN |
M
|
Mango Excellent Media Co Ltd
SZSE:300413
|
5.1
|
23%
|
| US |
|
Roku Inc
NASDAQ:ROKU
|
2.7
|
52%
|
| US |
|
Endeavor Group Holdings Inc
NYSE:EDR
|
1.3
|
33%
|
| P/E Multiple | Earnings Growth | |||
|---|---|---|---|---|
| US |
|
Netflix Inc
NASDAQ:NFLX
|
32.6
|
84%
|
| US |
|
Walt Disney Co
NYSE:DIS
|
50.5
|
299%
|
| NL |
U
|
Universal Music Group NV
AEX:UMG
|
61.2
|
91%
|
| LU |
|
Spotify Technology SA
NYSE:SPOT
|
Negative Multiple: -53.6 | N/A |
| FR |
|
Bollore SE
PAR:BOL
|
2.6
|
-89%
|
| US |
|
Warner Music Group Corp
NASDAQ:WMG
|
33.9
|
35%
|
| US |
|
Live Nation Entertainment Inc
NYSE:LYV
|
240.9
|
422%
|
| CN |
|
Tencent Music Entertainment Group
NYSE:TME
|
24.2
|
-51%
|
| CN |
M
|
Mango Excellent Media Co Ltd
SZSE:300413
|
39.3
|
38%
|
| US |
|
Roku Inc
NASDAQ:ROKU
|
Negative Multiple: -16.9 | N/A |
| US |
|
Endeavor Group Holdings Inc
NYSE:EDR
|
52.3
|
N/A |
| EV/EBITDA Multiple | EBITDA Growth | |||
|---|---|---|---|---|
| US |
|
Netflix Inc
NASDAQ:NFLX
|
7.7
|
-42%
|
| US |
|
Walt Disney Co
NYSE:DIS
|
17.3
|
88%
|
| NL |
U
|
Universal Music Group NV
AEX:UMG
|
29.3
|
52%
|
| LU |
|
Spotify Technology SA
NYSE:SPOT
|
Negative Multiple: -44.4 | N/A |
| FR |
|
Bollore SE
PAR:BOL
|
12.3
|
101%
|
| US |
|
Warner Music Group Corp
NASDAQ:WMG
|
18.7
|
45%
|
| US |
|
Live Nation Entertainment Inc
NYSE:LYV
|
12.7
|
62%
|
| CN |
|
Tencent Music Entertainment Group
NYSE:TME
|
23
|
162%
|
| CN |
M
|
Mango Excellent Media Co Ltd
SZSE:300413
|
40.1
|
342%
|
| US |
|
Roku Inc
NASDAQ:ROKU
|
Negative Multiple: -13.6 | N/A |
| US |
|
Endeavor Group Holdings Inc
NYSE:EDR
|
13.1
|
449%
|
| EV/EBIT Multiple | EBIT Growth | |||
|---|---|---|---|---|
| US |
|
Netflix Inc
NASDAQ:NFLX
|
27.4
|
85%
|
| US |
|
Walt Disney Co
NYSE:DIS
|
31
|
177%
|
| NL |
U
|
Universal Music Group NV
AEX:UMG
|
29.3
|
28%
|
| LU |
|
Spotify Technology SA
NYSE:SPOT
|
Negative Multiple: -32.8 | N/A |
| FR |
|
Bollore SE
PAR:BOL
|
46
|
900%
|
| US |
|
Warner Music Group Corp
NASDAQ:WMG
|
27.9
|
58%
|
| US |
|
Live Nation Entertainment Inc
NYSE:LYV
|
20.5
|
71%
|
| CN |
|
Tencent Music Entertainment Group
NYSE:TME
|
23
|
108%
|
| CN |
M
|
Mango Excellent Media Co Ltd
SZSE:300413
|
40.1
|
37%
|
| US |
|
Roku Inc
NASDAQ:ROKU
|
Negative Multiple: -12.3 | N/A |
| US |
|
Endeavor Group Holdings Inc
NYSE:EDR
|
19.2
|
N/A |
