Cloudflare Inc
NYSE:NET

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Cloudflare Inc
NYSE:NET
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Price: 120.66 USD 1.51% Market Closed
Market Cap: 41.6B USD
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Relative Value

The Relative Value of one NET stock under the Base Case scenario is 25.42 USD. Compared to the current market price of 120.66 USD, Cloudflare Inc is Overvalued by 79%.

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
25.42 USD
Overvaluation 79%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
4
Median 3Y
20.4
Median 5Y
23.5
Industry
2.3
Forward
19.5
vs History
vs Industry
Median 3Y
-126.8
Median 5Y
-146
Industry
22.1
Forward
147.7
vs History
47
vs Industry
5
Median 3Y
107.8
Median 5Y
107
Industry
16.7
vs History
7
vs Industry
3
Median 3Y
26.4
Median 5Y
32.9
Industry
20.9
vs History
23
vs Industry
1
Median 3Y
33.5
Median 5Y
32.1
Industry
2.8
vs History
42
vs Industry
4
Median 3Y
20.2
Median 5Y
23.2
Industry
2.3
Forward
19.3
vs History
42
vs Industry
6
Median 3Y
26.3
Median 5Y
30.2
Industry
4.6
vs History
vs Industry
Median 3Y
-290
Median 5Y
-314.6
Industry
12.2
Forward
90.6
vs History
vs Industry
Median 3Y
-121.3
Median 5Y
-136.4
Industry
15.7
Forward
145.4
vs History
47
vs Industry
5
Median 3Y
106.1
Median 5Y
105.8
Industry
15.1
vs History
15
vs Industry
2
Median 3Y
177.3
Median 5Y
-105.9
Industry
18.1
vs History
46
vs Industry
2
Median 3Y
25.1
Median 5Y
29.4
Industry
2.3

Multiples Across Competitors

NET Competitors Multiples
Cloudflare Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cloudflare Inc
NYSE:NET
41.4B USD 24.9 -528 -1 508.8 -263.6
CA
Shopify Inc
NYSE:SHOP
125.8B USD 14.2 62.3 108.3 111.9
US
Snowflake Inc.
NYSE:SNOW
53.2B USD 14.6 -41.3 -39.9 -34.9
US
Verisign Inc
NASDAQ:VRSN
26B USD 16.7 33 24.5 25.4
US
GoDaddy Inc
NYSE:GDDY
25.9B USD 5.7 27.6 26.8 30.6
ID
DCI Indonesia Tbk PT
IDX:DCII
398T IDR 219.6 499.7 408.3 408.3
US
Okta Inc
NASDAQ:OKTA
17.9B USD 6.9 640.3 628.4 -249.3
US
Twilio Inc
NYSE:TWLO
14.5B USD 3.3 -133.2 79.3 -324.8
US
MongoDB Inc
NASDAQ:MDB
13.9B USD 6.9 -108 -58.1 -53.8
US
Akamai Technologies Inc
NASDAQ:AKAM
11.9B USD 3 23.6 9.4 18.1
IL
Wix.Com Ltd
NASDAQ:WIX
9.4B USD 5.3 67.4 63.1 82.7
P/S Multiple
Revenue Growth P/S to Growth
US
Cloudflare Inc
NYSE:NET
Average P/S: 29.2
24.9
27%
0.9
CA
Shopify Inc
NYSE:SHOP
14.2
23%
0.6
US
Snowflake Inc.
NYSE:SNOW
14.6
24%
0.6
US
Verisign Inc
NASDAQ:VRSN
16.7
5%
3.3
US
GoDaddy Inc
NYSE:GDDY
5.7
8%
0.7
ID
DCI Indonesia Tbk PT
IDX:DCII
219.6
N/A N/A
US
Okta Inc
NASDAQ:OKTA
6.9
11%
0.6
US
Twilio Inc
NYSE:TWLO
3.3
9%
0.4
US
MongoDB Inc
NASDAQ:MDB
6.9
17%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
3
7%
0.4
IL
Wix.Com Ltd
NASDAQ:WIX
5.3
13%
0.4
P/E Multiple
Earnings Growth PEG
US
Cloudflare Inc
NYSE:NET
Average P/E: 193.4
Negative Multiple: -528
N/A N/A
CA
Shopify Inc
NYSE:SHOP
62.3
20%
3.1
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -41.3 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
33
9%
3.7
US
GoDaddy Inc
NYSE:GDDY
27.6
12%
2.3
ID
DCI Indonesia Tbk PT
IDX:DCII
499.7
N/A N/A
US
Okta Inc
NASDAQ:OKTA
640.3
181%
3.5
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -133.2 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -108 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
23.6
31%
0.8
IL
Wix.Com Ltd
NASDAQ:WIX
67.4
63%
1.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBITDA: 168.5
Negative Multiple: -1 508.8
N/A N/A
CA
Shopify Inc
NYSE:SHOP
108.3
51%
2.1
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -39.9 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
24.5
7%
3.5
US
GoDaddy Inc
NYSE:GDDY
26.8
22%
1.2
ID
DCI Indonesia Tbk PT
IDX:DCII
408.3
N/A N/A
US
Okta Inc
NASDAQ:OKTA
628.4
251%
2.5
US
Twilio Inc
NYSE:TWLO
79.3
102%
0.8
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -58.1 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
9.4
14%
0.7
IL
Wix.Com Ltd
NASDAQ:WIX
63.1
77%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBIT: 112.9
Negative Multiple: -263.6
N/A N/A
CA
Shopify Inc
NYSE:SHOP
111.9
48%
2.3
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -34.9 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
25.4
5%
5.1
US
GoDaddy Inc
NYSE:GDDY
30.6
19%
1.6
ID
DCI Indonesia Tbk PT
IDX:DCII
408.3
N/A N/A
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -249.3 N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -324.8 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -53.8 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
18.1
25%
0.7
IL
Wix.Com Ltd
NASDAQ:WIX
82.7
90%
0.9