Cloudflare Inc
NYSE:NET

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Cloudflare Inc
NYSE:NET
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Price: 208.93 USD 1.49% Market Closed
Market Cap: 73.2B USD
Section:
 

Relative Value

The Relative Value of one NET stock under the Base Case scenario is 28.78 USD. Compared to the current market price of 208.93 USD, Cloudflare Inc is Overvalued by 86%.

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
28.78 USD
Overvaluation 86%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

36.3
P/S
P/S
Price to Sales
36.3
vs History
36
vs Industry
4
Median 3Y
21.6
Median 5Y
24
Industry
2.4
Forward
33.8
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-183.4
Median 5Y
-179.2
Industry
22.4
Forward
225.8
More Details
135.6
P/OCF
P/OCF
Price to OCF
135.6
vs History
42
vs Industry
5
Median 3Y
107
Median 5Y
128
Industry
16.1
More Details
33.2
P/FCFE
P/FCFE
Price to FCFE
33.2
vs History
55
vs Industry
3
Median 3Y
34.5
Median 5Y
34.5
Industry
20.7
More Details
54.3
P/B
P/B
Price to Book Value
54.3
vs History
12
vs Industry
1
Median 3Y
35.2
Median 5Y
34.8
Industry
3
More Details
35.3
EV/S
EV/S
Enterprise Value to Sales
35.3
vs History
36
vs Industry
4
Median 3Y
21.3
Median 5Y
23.7
Industry
2.4
Forward
32.8
More Details
47
EV/GP
EV/GP
Enterprise Value to Gross Profit
47
vs History
36
vs Industry
6
Median 3Y
27.7
Median 5Y
30.8
Industry
4.8
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-610
Median 5Y
-531.5
Industry
12.2
Forward
147.9
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-149.4
Median 5Y
-181.1
Industry
15.9
Forward
249.8
More Details
131.8
EV/OCF
EV/OCF
Enterprise Value to OCF
131.8
vs History
44
vs Industry
5
Median 3Y
105.8
Median 5Y
125.7
Industry
14.7
More Details
341.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
341.9
vs History
14
vs Industry
2
Median 3Y
228.4
Median 5Y
159.8
Industry
17
More Details
42.9
EV/IC
EV/IC
Enterprise Value to IC
42.9
vs History
36
vs Industry
2
Median 3Y
25.4
Median 5Y
29.6
Industry
2.4
More Details

Multiples Across Competitors

NET Competitors Multiples
Cloudflare Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cloudflare Inc
NYSE:NET
73.2B USD 36.3 -709.1 -4 601.4 -375.9
CA
Shopify Inc
NYSE:SHOP
208.1B USD 19.5 116.8 149.7 153.4
US
Snowflake Inc.
NYSE:SNOW
75.4B USD 17.2 -55.9 -62.4 -53
ID
DCI Indonesia Tbk PT
IDX:DCII
583.4T IDR 221.6 497.8 415 415
US
MongoDB Inc
NASDAQ:MDB
33.4B USD 14.4 -470.8 -233.6 -199.4
US
Verisign Inc
NASDAQ:VRSN
22.5B USD 13.9 27.8 20.9 21.5
US
Twilio Inc
NYSE:TWLO
19.7B USD 4 293.3 59.4 166.5
US
GoDaddy Inc
NYSE:GDDY
17.1B USD 3.5 20.6 16.5 18.4
US
Okta Inc
NASDAQ:OKTA
15.6B USD 5.5 79.8 60.1 107.3
US
Akamai Technologies Inc
NASDAQ:AKAM
12.3B USD 3 24.3 11.5 24
US
Switch Inc
F:821
7.7B EUR 13.5 23.8 36.7 116
P/S Multiple
Revenue Growth P/S to Growth
US
Cloudflare Inc
NYSE:NET
Average P/S: 32
36.3
28%
1.3
CA
Shopify Inc
NYSE:SHOP
19.5
25%
0.8
US
Snowflake Inc.
NYSE:SNOW
17.2
26%
0.7
ID
DCI Indonesia Tbk PT
IDX:DCII
221.6
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
14.4
18%
0.8
US
Verisign Inc
NASDAQ:VRSN
13.9
6%
2.3
US
Twilio Inc
NYSE:TWLO
4
10%
0.4
US
GoDaddy Inc
NYSE:GDDY
3.5
8%
0.4
US
Okta Inc
NASDAQ:OKTA
5.5
11%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
3
6%
0.5
US
S
Switch Inc
F:821
13.5
N/A N/A
P/E Multiple
Earnings Growth PEG
US
Cloudflare Inc
NYSE:NET
Average P/E: 135.5
Negative Multiple: -709.1 		N/A N/A
CA
Shopify Inc
NYSE:SHOP
116.8
14%
8.3
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -55.9 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
497.8
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -470.8 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
27.8
7%
4
US
Twilio Inc
NYSE:TWLO
293.3
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
20.6
11%
1.9
US
Okta Inc
NASDAQ:OKTA
79.8
197%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
24.3
33%
0.7
US
S
Switch Inc
F:821
23.8
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBITDA: 96.2
Negative Multiple: -4 601.4 		N/A N/A
CA
Shopify Inc
NYSE:SHOP
149.7
46%
3.3
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -62.4 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
415
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -233.6 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
20.9
8%
2.6
US
Twilio Inc
NYSE:TWLO
59.4
104%
0.6
US
GoDaddy Inc
NYSE:GDDY
16.5
22%
0.8
US
Okta Inc
NASDAQ:OKTA
60.1
246%
0.2
US
Akamai Technologies Inc
NASDAQ:AKAM
11.5
16%
0.7
US
S
Switch Inc
F:821
36.7
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBIT: 127.8
Negative Multiple: -375.9 		N/A N/A
CA
Shopify Inc
NYSE:SHOP
153.4
45%
3.4
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -53 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
415
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -199.4 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.5
6%
3.6
US
Twilio Inc
NYSE:TWLO
166.5
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
18.4
21%
0.9
US
Okta Inc
NASDAQ:OKTA
107.3
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
24
26%
0.9
US
S
Switch Inc
F:821
116
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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