Cloudflare Inc
NYSE:NET

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Cloudflare Inc
NYSE:NET
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Price: 104.24 USD 8.05% Market Closed
Market Cap: 35.8B USD
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Relative Value

The Relative Value of one NET stock under the Base Case scenario is 24.85 USD. Compared to the current market price of 104.24 USD, Cloudflare Inc is Overvalued by 76%.

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
24.85 USD
Overvaluation 76%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
46
vs Industry
5
Median 3Y
20.4
Median 5Y
22.3
Industry
2.4
Forward
21.3
vs History
vs Industry
Median 3Y
-126.8
Median 5Y
-121.6
Industry
23.1
Forward
143.9
vs History
46
vs Industry
6
Median 3Y
118.2
Median 5Y
104.7
Industry
16.9
vs History
7
vs Industry
3
Median 3Y
26.4
Median 5Y
26.4
Industry
21.5
vs History
25
vs Industry
2
Median 3Y
33.5
Median 5Y
30.7
Industry
2.9
vs History
44
vs Industry
5
Median 3Y
20.2
Median 5Y
21.4
Industry
2.4
Forward
21
vs History
44
vs Industry
7
Median 3Y
26.3
Median 5Y
28
Industry
4.8
vs History
vs Industry
Median 3Y
-290
Median 5Y
-276
Industry
12.9
Forward
106.6
vs History
vs Industry
Median 3Y
-121.3
Median 5Y
-112.9
Industry
16.7
Forward
177
vs History
47
vs Industry
6
Median 3Y
116.8
Median 5Y
103.2
Industry
15.7
vs History
19
vs Industry
3
Median 3Y
156.4
Median 5Y
-105.9
Industry
18.7
vs History
42
vs Industry
3
Median 3Y
25.1
Median 5Y
26.9
Industry
2.5

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
35.8B USD 22.7 -381.2 -1 000.2 -216.3
CA
Shopify Inc
NYSE:SHOP
137.5B USD 16.7 99.4 135.9 141.3
US
Snowflake Inc.
NYSE:SNOW
57.4B USD 17.9 -56.4 -49.9 -43.8
US
GoDaddy Inc
NYSE:GDDY
27.1B USD 6 14.6 29.8 34.7
US
MongoDB Inc
NASDAQ:MDB
23.3B USD 12.8 -106 -84.1 -77.7
US
Verisign Inc
NASDAQ:VRSN
17.8B USD 11.6 20.8 17.1 17.8
US
Twilio Inc
NYSE:TWLO
15.9B USD 3.7 -34.3 120.5 -135.9
US
Akamai Technologies Inc
NASDAQ:AKAM
13.7B USD 3.5 26.1 10.7 19.9
US
Okta Inc
NASDAQ:OKTA
12.8B USD 5.2 -94.2 -79.8 -50.7
IL
Wix.Com Ltd
NASDAQ:WIX
12B USD 7.3 163.6 166.1 286.4
US
Switch Inc
F:821
7.7B EUR 12.1 21.4 33.7 106.5
P/E Multiple
Earnings Growth
US
Cloudflare Inc
NYSE:NET
Average P/E: 57.6
Negative Multiple: -381.2
N/A
CA
Shopify Inc
NYSE:SHOP
99.4
1 716%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -56.4 N/A
US
GoDaddy Inc
NYSE:GDDY
14.6
-13%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -106 N/A
US
Verisign Inc
NASDAQ:VRSN
20.8
12%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -34.3 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
26.1
111%
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -94.2 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
163.6
1 247%
US
S
Switch Inc
F:821
21.4
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBITDA: 73.4
Negative Multiple: -1 000.2
N/A
CA
Shopify Inc
NYSE:SHOP
135.9
3 292%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -49.9 N/A
US
GoDaddy Inc
NYSE:GDDY
29.8
115%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -84.1 N/A
US
Verisign Inc
NASDAQ:VRSN
17.1
15%
US
Twilio Inc
NYSE:TWLO
120.5
N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
10.7
53%
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -79.8 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
166.1
1 611%
US
S
Switch Inc
F:821
33.7
N/A
EV/EBIT Multiple
EBIT Growth
US
Cloudflare Inc
NYSE:NET
Average EV/EBIT: 101.1
Negative Multiple: -216.3
N/A
CA
Shopify Inc
NYSE:SHOP
141.3
41 950%
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -43.8 N/A
US
GoDaddy Inc
NYSE:GDDY
34.7
111%
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -77.7 N/A
US
Verisign Inc
NASDAQ:VRSN
17.8
14%
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -135.9 N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
19.9
89%
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -50.7 N/A
IL
Wix.Com Ltd
NASDAQ:WIX
286.4
6 673%
US
S
Switch Inc
F:821
106.5
N/A

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