Cloudflare Inc
NYSE:NET

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Cloudflare Inc
NYSE:NET
Watchlist
Price: 162.63 USD 0.4%
Market Cap: 56.4B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NET stock under the Base Case scenario is 28.56 USD. Compared to the current market price of 162.63 USD, Cloudflare Inc is Overvalued by 82%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NET Relative Value
Base Case
28.56 USD
Overvaluation 82%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

31.7
P/S
P/S
Price to Sales
31.7
vs History
36
vs Industry
4
Median 3Y
20.4
Median 5Y
23.5
Industry
2.4
Forward
26.6
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-126.8
Median 5Y
-146.3
Industry
22.4
Forward
202.4
More Details
124.5
P/OCF
P/OCF
Price to OCF
124.5
vs History
41
vs Industry
5
Median 3Y
107
Median 5Y
107
Industry
16.7
More Details
306.1
P/FCFE
P/FCFE
Price to FCFE
306.1
vs History
4
vs Industry
3
Median 3Y
26.4
Median 5Y
33.4
Industry
21.3
More Details
39.5
P/B
P/B
Price to Book Value
39.5
vs History
23
vs Industry
1
Median 3Y
32.5
Median 5Y
31.8
Industry
2.8
More Details
31.5
EV/S
EV/S
Enterprise Value to Sales
31.5
vs History
34
vs Industry
4
Median 3Y
20.2
Median 5Y
23.2
Industry
2.3
Forward
26.2
More Details
41
EV/GP
EV/GP
Enterprise Value to Gross Profit
41
vs History
34
vs Industry
6
Median 3Y
26.3
Median 5Y
30.2
Industry
4.8
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-290
Median 5Y
-325.7
Industry
12.4
Forward
123.8
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-121.3
Median 5Y
-142.7
Industry
16.1
Forward
196.1
More Details
123.1
EV/OCF
EV/OCF
Enterprise Value to OCF
123.1
vs History
41
vs Industry
5
Median 3Y
105.8
Median 5Y
105.8
Industry
15.1
More Details
302.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
302.6
vs History
9
vs Industry
2
Median 3Y
198.4
Median 5Y
-105.9
Industry
18.4
More Details
32.5
EV/IC
EV/IC
Enterprise Value to IC
32.5
vs History
41
vs Industry
2
Median 3Y
24.7
Median 5Y
28.4
Industry
2.4
More Details

Multiples Across Competitors

NET Competitors Multiples
Cloudflare Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cloudflare Inc
NYSE:NET
56.4B USD 31.7 -686.9 -4 068.9 -361.7
CA
Shopify Inc
NYSE:SHOP
138.9B USD 14.8 86.3 108.8 111.9
US
Snowflake Inc.
NYSE:SNOW
67.8B USD 17.8 -48.8 -53.9 -46.7
US
GoDaddy Inc
NYSE:GDDY
25.8B USD 5.5 33.8 25.7 29
US
Verisign Inc
NASDAQ:VRSN
25.2B USD 16.1 32 23.9 24.7
ID
DCI Indonesia Tbk PT
IDX:DCII
374.2T IDR 167.7 348.9 290.5 290.5
US
Okta Inc
NASDAQ:OKTA
18.4B USD 7 651.9 643.1 -255.2
US
Twilio Inc
NYSE:TWLO
18.1B USD 3.9 -530.8 80.3 3 565.6
US
MongoDB Inc
NASDAQ:MDB
15.2B USD 7.6 -117.5 -64.2 -59.5
US
Akamai Technologies Inc
NASDAQ:AKAM
11.2B USD 2.8 24.7 9 17.7
US
Switch Inc
F:821
7.7B EUR 13 23 35.7 112.8
P/S Multiple
Revenue Growth P/S to Growth
US
Cloudflare Inc
NYSE:NET
Average P/S: 26.2
31.7
27%
1.2
CA
Shopify Inc
NYSE:SHOP
14.8
23%
0.6
US
Snowflake Inc.
NYSE:SNOW
17.8
24%
0.7
US
GoDaddy Inc
NYSE:GDDY
5.5
8%
0.7
US
Verisign Inc
NASDAQ:VRSN
16.1
6%
2.7
ID
DCI Indonesia Tbk PT
IDX:DCII
167.7
N/A N/A
US
Okta Inc
NASDAQ:OKTA
7
11%
0.6
US
Twilio Inc
NYSE:TWLO
3.9
9%
0.4
US
MongoDB Inc
NASDAQ:MDB
7.6
16%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
2.8
6%
0.5
US
S
Switch Inc
F:821
13
N/A N/A
P/E Multiple
Earnings Growth PEG
US
Cloudflare Inc
NYSE:NET
Average P/E: 171.5
Negative Multiple: -686.9 		N/A N/A
CA
Shopify Inc
NYSE:SHOP
86.3
15%
5.8
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -48.8 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
33.8
15%
2.3
US
Verisign Inc
NASDAQ:VRSN
32
9%
3.6
ID
DCI Indonesia Tbk PT
IDX:DCII
348.9
N/A N/A
US
Okta Inc
NASDAQ:OKTA
651.9
181%
3.6
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -530.8 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -117.5 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
24.7
30%
0.8
US
S
Switch Inc
F:821
23
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBITDA: 152.1
Negative Multiple: -4 068.9 		N/A N/A
CA
Shopify Inc
NYSE:SHOP
108.8
45%
2.4
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -53.9 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
25.7
23%
1.1
US
Verisign Inc
NASDAQ:VRSN
23.9
7%
3.4
ID
DCI Indonesia Tbk PT
IDX:DCII
290.5
N/A N/A
US
Okta Inc
NASDAQ:OKTA
643.1
236%
2.7
US
Twilio Inc
NYSE:TWLO
80.3
102%
0.8
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -64.2 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
9
14%
0.6
US
S
Switch Inc
F:821
35.7
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBIT: 593.2
Negative Multiple: -361.7 		N/A N/A
CA
Shopify Inc
NYSE:SHOP
111.9
48%
2.3
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -46.7 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
29
18%
1.6
US
Verisign Inc
NASDAQ:VRSN
24.7
6%
4.1
ID
DCI Indonesia Tbk PT
IDX:DCII
290.5
N/A N/A
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -255.2 N/A N/A
US
Twilio Inc
NYSE:TWLO
3 565.6
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -59.5 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
17.7
25%
0.7
US
S
Switch Inc
F:821
112.8
N/A N/A

See Also

Summary
NET intrinsic value, competitors valuation, and company profile.
DCF Valuation
NET stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NET stock valuation using valuation multiples.
Wall Street Estimates
NET price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NET stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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