How does META's PE Ratio compare to its peers?

META is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the peer average (17.2x).

How does META's PE Ratio compare vs other companies in the Global Interactive Media and Services Industry?

META is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the Global Interactive Media and Services industry average (21.5x).

What is META's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate META's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of META when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

META (COP2693140) is trading below our estimate of [[fair value]] (COP2859230.75)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

META Stock Overview

Engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. More details

META fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	6/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 5.8% below our estimate of its fair value

Earnings are forecast to grow 10.91% per year

Earnings grew by 86.8% over the past year

Risk Analysis

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

Meta Platforms, Inc. Competitors

Alphabet

NasdaqGS:GOOGL

US$2.3t

Tencent Holdings

SEHK:700

HK$3.9t

Baidu

NasdaqGS:BIDU

US$30.0b

Kuaishou Technology

SEHK:1024

HK$183.6b

Price History & Performance

Summary of share price highs, lows and changes for Meta Platforms
Historical stock prices
Current Share Price	US$2,693,140.00
52 Week High	US$2,770,920.00
52 Week Low	US$2,364,160.00
Beta	1.2
1 Month Change	9.34%
3 Month Change	15.05%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	292.56%
Change since IPO	2,891.38%

Recent updates

Shareholder Returns

	META	CO Interactive Media and Services	CO Market
7D	-2.8%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how META performed against the CO Interactive Media and Services industry.

Return vs Market: Insufficient data to determine how META performed against the CO Market.

Price Volatility

Is META's price volatile compared to industry and market?
META volatility
META Average Weekly Movement	3.9%
Interactive Media and Services Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in CO Market	0%
10% least volatile stocks in CO Market	0%

Stable Share Price: META has not had significant price volatility in the past 3 months compared to the CO market.

Volatility Over Time: Insufficient data to determine META's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	72,404	Mark Zuckerberg	investor.fb.com

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

Meta Platforms, Inc. Fundamentals Summary

How do Meta Platforms's earnings and revenue compare to its market cap?
META fundamental statistics
Market cap	Col$6467.57t
Earnings (TTM)	Col$243.12t
Revenue (TTM)	Col$683.88t

26.6x

P/E Ratio

9.5x

P/S Ratio

Is META overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
META income statement (TTM)
Revenue	US$156.23b
Cost of Revenue	US$28.90b
Gross Profit	US$127.33b
Other Expenses	US$71.79b
Earnings	US$55.54b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	22.00
Gross Margin	81.50%
Net Profit Margin	35.55%
Debt/Equity Ratio	17.5%

How did META perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

7%

Payout Ratio

Does META pay a reliable dividends?

See META dividend history and benchmarks

When do you need to buy META by to receive an upcoming dividend?
Meta Platforms dividend dates
Ex Dividend Date	Dec 16 2024
Dividend Pay Date	Dec 27 2024
Days until Ex dividend	6 days
Days until Dividend pay date	5 days

Does META pay a reliable dividends?

See META dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 17:00
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meta Platforms, Inc. is covered by 97 analysts. 64 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Heasman	Accountability Research Corporation
Richard Kramer	Arete Research Services LLP
Joseph Bonner	Argus Research Company