ANET (NYSE) - Fundamental Data Analysis

Return on Equity 28.91% ✓ Free Cash-Flow Yield 2.54% ✓ Debt / EBITDA 0.02 ✓ RoIC 145.01% and many other metrics.

VR Fundamental Rating 7.73

VR Piotroski Score 7.00
Tobins Q Ratio 4.63
Free-Cash-Flow Yield 2.54%
Free-Cash-Flow Margin 34.12%
Net Margin 35.62%
Gross Margin 61.95%
Current Ratio 4.39
Debt / Equity 0.01
Debt / EBITDA 0.02
Debt / Free-Cash Flow 0.02
Interest Expense / Debt 25.28%
WACC 8.91%
RoE Return on Equity 28.91%
RoCE Return on Cap. Employed 28.09%
RoA Return on Assets 20.98%
RoIC Return on Inv. Cap. 145.01%
Analysts Rating 4.14
Analysts Target Price
(is below last close by
200.56 USD
-26.2%)

VR Piotroski 7

Yes: Net Income TTM (2087.3m) > 10m and > 3% of Revenue TTM (3% = 175.8m)
Yes: FCF TTM (1999.6m) > 1m and > FCF prev (97%) (434.7m)
Yes: RoA TTM 20.98% (Net Income TTM 2087.3m / Total Assets 9946.8m) >3% and > RoA prev (97%) 19.36% (1352.4m / 6775.4m)
No: Total Cash from Operating Activities TTM 2034.0m > 1m and > Net Income TTM 2087.3m
Yes: Net Debt (Debt 48.04m - CCE 5008 m) to EBITDA TTM (2328 m) ratio: -2.13 < 3.5
Yes: Current Ratio 4.39 (Total Current Assets 8390.2m / Total Current Liabilities 1909.6m) >= 1 and > Current Ratio prev (97%) 4.29 (5550.7m / 1293.5m)
No: Shares Outstanding last Quarter 317.1m < 12m ago 315.2m
Yes: Gross Margin 61.95% (Total Revenue 5860.2m - Cost Of Revenue 2229.9m / Total Revenue) > 15% and > Gross Margin prev (97%) 0.59%
No: Asset Turnover 0.59 (Total Revenue 5860.2m / Total Assets 9946.8m) > 0.1 and similiar or better than previous period
Yes: Interest Coverage Ratio 95.83 (EBITDA TTM 2327.9m / Interest Expense TTM 24.3m) > 5

VR Altman 11.35

0.652 (A) = (Total Current Assets 8390.2m - Total Current Liabilities 1909.6m) / Total Assets 9946.8m
1.715 (B) = Retained Earnings TTM 17062.7m / Total Assets 9946.8m
0.227 (C) = EBIT TTM 2257.2m / Total Assets 9946.8m
6.228 (D) = Book Value of Equity 16989.6m / Total Liabilities 2727.7m
0.589 (E) = Revenue TTM 5860.2m / Total Assets 9946.8m
Total Rating: 11.355 = (2.6 * A) + (1.5 * B) + (4.9 * C) + (0.95 * D) + (0.1 * E)

Current Fundamental Values

Market Capitalization = 83679.62m USD
Market Capitalization in USD = 83679.62m (83679.62m USD * 1 USDUSD)
Revenue TTM = 5860.2m
Ebit TTM = 2257.2m
Short Term Debt = 95.8m (last quarter)
Debt = 48.0m (Short/Long Term Debt Total, two quarters ago)
CCE Cash And Equivalents = 5008.0m (cash And Short Term Investments last quarter)
Enterprise Value = 78719.7m (Market Cap 83679.6m + Debt 48.04m - CCE 5008 m)
Net Debt = -4960 m (48.04m Debt - 5008 m Cash and Cash Equivalents)
EBITDA = 2327.9m (TTM)
Interest Coverage Ratio = 95.83 (EbitDA TTM 2328 m / Interest Expense TTM 24.29m)
FCF Yield = 2.54% (FCF TTM 1999.6m / Enterprise Value 78719.7m)
FCF Margin = 34.12% (FCF TTM 1999.6m / Revenue TTM 5860.2m)
Net Margin = 35.62% (Net Income TTM 2087.3m / Revenue TTM 5860.2m)
Gross Margin = 61.95% ((Revenue TTM 5860.2m - Cost of Revenue TTM 2229.9m) / Revenue TTM)
Tobins Q-Ratio = 4.633 (Enterprise Value 78719.7m / Book Value Of Equity 16989.6m)
Interest Expense / Debt = 25.28% (Interest Expense 12.15m / Debt 48.04m)
Taxrate = 11.63% (Income Tax Expense 80.75m / Income Before Tax 694.4m, last quarter)
NOPAT Net Operating Profit after Tax = 1994.7m (Operating Income TTM 2257 m * (1 - Taxrate 0.12))
Current Ratio = 4.39 (Total Current Assets 8390 m / Total Current Liabilities 1910 m)
Debt / Equity = 0.01 (Debt 48m / last Quarter total Stockholder Equity 7219m)
Debt / EBITDA = 0.02 (Debt 48.04m / EBITDA 2328 m)
Debt / FCF = 0.02 (Debt 48m / FCF TTM 1999m)
RoA = 20.98%
RoE = 28.91% (Net Income TTM 2087m / Total Stockholder Equity 7219m)
RoCE = 28.09% (Ebit TTM 2257 m / x)
RoIC = 145.0% (Ebit TTM 2257 m / (Total Assets 9947 m - Total Current Assets 8390 m) )
WACC = 8.91% ((Market Cap / EV) * CAPM 0.09) + (Debt / EV) * Interest Expense on Debt * (1 - Taxrate)
Shares Correlation 10-Years: 28.89 | Cagr: 1.22%
Discount Rate = 8.91% (= WACC)
Revenue Correlation 4-Years: 85.26 | Revenue CAGR: 4.87%
EPS Correlation 4-Years: 73.02 | EPS CAGR: 5.84%