Projected Income Statement: Arista Networks, Inc.

Forecast Balance Sheet: Arista Networks, Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -2,724 -2,873 -3,408 -3,024 -5,008 -6,973 -8,778 -12,384
Change - -205.47% -218.62% -188.73% -265.61% -239.24% -225.89% -241.08%
Announcement Date 13/02/20 18/02/21 14/02/22 13/02/23 12/02/24 - - -
1USD in Million
Estimates

Cash Flow Forecast: Arista Networks, Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 15.75 15.38 64.74 44.64 34.43 47.25 58.86 64.49
Change - -2.33% 320.8% -31.04% -22.87% 37.23% 24.57% 9.56%
Free Cash Flow (FCF) 1 947.3 719.7 951.1 448.2 2,000 2,481 3,135 3,785
Change - -24.02% 32.15% -52.88% 346.17% 24.06% 26.37% 20.73%
Announcement Date 13/02/20 18/02/21 14/02/22 13/02/23 12/02/24 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Arista Networks, Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 39.64% 39.67% 40.41% 42.43% 45.63% 45.65% 44.82% 44.06%
EBIT Margin (%) 38.28% 37.75% 38.7% 41% 44.43% 44.55% 44.04% 43%
EBT Margin (%) 35.77% 31.88% 31.58% 36.1% 41.33% 43.75% 42.53% 43.25%
Net margin (%) 35.67% 27.38% 28.52% 30.87% 35.62% 36.27% 34.93% 36.09%
FCF / Net Income (%) 39.29% 31.06% 32.26% 10.23% 34.12% 36.89% 39.96% 41.21%

Profitability

        
ROA 21.65% 16.1% 17.47% 23.15% 26.31% 22.58% 20.75% 20.31%
ROE 31.24% 23.12% 25.07% 32.68% 36.34% 30.32% 26.08% 24.17%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 0.65% 0.66% 2.2% 1.02% 0.59% 0.7% 0.75% 0.7%
CAPEX / EBITDA (%) 1.65% 1.67% 5.43% 2.4% 1.29% 1.54% 1.67% 1.59%
CAPEX / FCF (%) 1.66% 2.14% 6.81% 9.96% 1.72% 1.9% 1.88% 1.7%

Items per share

        
Cash flow per share 1 2.977 2.313 3.182 1.557 6.414 8.398 10.15 12.47
Change - -22.31% 37.59% -51.06% 311.85% 30.95% 120.84% 122.87%
Dividend per Share 1 - - - - - - - -
Change - - - - - - - -
Book Value Per Share 1 9.472 10.92 12.93 15.94 23.34 30.22 37.81 45.26
Change - 15.33% 18.37% 23.29% 46.38% 29.52% 125.1% 119.71%
EPS 1 2.658 1.998 2.63 4.27 6.58 7.574 8.272 10.31
Change - -24.84% 31.66% 62.36% 54.1% 15.11% 109.21% 124.61%
Nbr of stocks (in thousands) 305,596 302,646 307,284 305,573 311,100 313,363 313,363 313,363
Announcement Date 13/02/20 18/02/21 14/02/22 13/02/23 12/02/24 - - -
1USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
26
Last Close Price
325.87USD
Average target price
341.80USD
Spread / Average Target
+4.89%
Consensus
  1. Stock Market
  2. Equities
  3. ANET Stock
  4. Financials Arista Networks, Inc.