Netflix, Inc.

XTRA:NFC Stock Report

Market Cap: €368.5b

Netflix Valuation

Is NFC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NFC (€866.6) is trading above our estimate of fair value (€805.04)

Significantly Below Fair Value: NFC is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NFC?

Key metric: As NFC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NFC. This is calculated by dividing NFC's market cap by their current earnings.
What is NFC's PE Ratio?
PE Ratio49.3x
EarningsUS$7.78b
Market CapUS$383.77b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NFC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.3x
EVD CTS Eventim KGaA
31.6x14.1%€7.9b
DIS Walt Disney
42.1x19.3%US$209.4b
SPOT Spotify Technology
131.5x29.6%US$96.0b
EDL Edel SE KGaA
7.9x9.7%€97.9m
NFC Netflix
49.3x15.9%€383.8b

Price-To-Earnings vs Peers: NFC is good value based on its Price-To-Earnings Ratio (49.3x) compared to the peer average (53.3x).

Price to Earnings Ratio vs Industry

How does NFC's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NFC 49.3xIndustry Avg. 13.9xNo. of Companies12PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NFC is expensive based on its Price-To-Earnings Ratio (49.3x) compared to the European Entertainment industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is NFC'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.

NFC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio49.3x
Fair PE Ratio31.3x

Price-To-Earnings vs Fair Ratio: NFC is expensive based on its Price-To-Earnings Ratio (49.3x) compared to the estimated Fair Price-To-Earnings Ratio (31.3x).

Analyst Price Targets

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

The above table shows the analyst NFC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€866.60
€752.39
-13.2%
15.8%€1,049.40€524.70n/a41
Nov ’25€702.00
€703.60
+0.2%
12.2%€855.44€508.64n/a41
Oct ’25€634.30
€627.30
-1.1%
11.4%€808.29€449.05n/a41
Sep ’25€626.10
€628.15
+0.3%
11.5%€814.32€452.40n/a39
Aug ’25€587.20
€636.08
+8.3%
10.6%€738.16€461.35n/a39
Jul ’25€625.50
€605.33
-3.2%
11.5%€745.04€409.77n/a41
Jun ’25€581.00
€592.04
+1.9%
12.2%€736.72€405.20n/a42
May ’25€517.40
€600.25
+16.0%
12.2%€749.44€412.19n/a43
Apr ’25€561.00
€564.69
+0.7%
12.9%€688.94€395.68n/a41
Mar ’25€562.00
€535.74
-4.7%
12.7%€682.87€309.14n/a42
Feb ’25€521.10
€523.93
+0.5%
12.4%€645.61€308.97n/a42
Jan ’25€442.40
€425.94
-3.7%
12.4%€542.10€302.67n/a39
Dec ’24€431.15
€427.97
-0.7%
12.6%€551.70€308.03n/a39
Nov ’24€394.80
€430.06
+8.9%
12.9%€562.68€314.16€702.0039
Oct ’24€356.35
€440.01
+23.5%
14.7%€568.08€307.71€634.3037
Sep ’24€409.15
€421.01
+2.9%
15.3%€551.10€269.12€626.1038
Aug ’24€405.45
€416.00
+2.6%
16.0%€540.84€264.11€587.2036
Jul ’24€403.15
€368.34
-8.6%
18.3%€492.25€211.62€625.5037
Jun ’24€372.85
€342.92
-8.0%
16.1%€436.82€199.82€581.0036
May ’24€297.80
€328.11
+10.2%
15.6%€398.42€194.68€517.4037
Apr ’24€313.80
€336.81
+7.3%
16.3%€414.52€202.55€561.0037
Mar ’24€299.40
€332.86
+11.2%
16.4%€410.12€200.40€562.0037
Feb ’24€328.50
€328.60
+0.03%
16.2%€405.64€198.21€521.1037
Jan ’24€268.75
€285.90
+6.4%
17.9%€381.83€188.56€442.4036
Dec ’23€301.50
€284.09
-5.8%
18.1%€363.19€156.90€431.1536
Nov ’23€292.15
€284.26
-2.7%
19.3%€371.96€160.69€394.8036

Analyst Forecast: Target price is lower than the current share price.

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