ANET Stock Overview
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
No risks detected for ANET from our risk checks.
Arista Networks Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$108.65|
|52 Week High||US$148.57|
|52 Week Low||US$79.63|
|1 Month Change||-14.17%|
|3 Month Change||-11.54%|
|1 Year Change||33.16%|
|3 Year Change||73.76%|
|5 Year Change||201.66%|
|Change since IPO||690.18%|
Recent News & Updates
Is There An Opportunity With Arista Networks, Inc.'s (NYSE:ANET) 35% Undervaluation?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Arista Networks, Inc...
Is It Too Late To Consider Buying Arista Networks, Inc. (NYSE:ANET)?
Arista Networks, Inc. ( NYSE:ANET ) received a lot of attention from a substantial price movement on the NYSE over the...
|ANET||US Communications||US Market|
Return vs Industry: ANET exceeded the US Communications industry which returned -3.3% over the past year.
Return vs Market: ANET exceeded the US Market which returned -10.4% over the past year.
|ANET Average Weekly Movement||7.1%|
|Communications Industry Average Movement||7.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: ANET is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ANET's weekly volatility (7%) has been stable over the past year.
About the Company
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company’s cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services.
Arista Networks Fundamentals Summary
|ANET fundamental statistics|
Is ANET overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ANET income statement (TTM)|
|Cost of Revenue||US$1.15b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.03|
|Net Profit Margin||29.54%|
How did ANET perform over the long term?See historical performance and comparison
Is Arista Networks undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ANET ($108.65) is trading below our estimate of fair value ($166.24)
Significantly Below Fair Value: ANET is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ANET is poor value based on its PE Ratio (35.9x) compared to the US Communications industry average (21.7x).
PE vs Market: ANET is poor value based on its PE Ratio (35.9x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: ANET is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: ANET is overvalued based on its PB Ratio (8.1x) compared to the US Communications industry average (1.6x).
How is Arista Networks forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANET's forecast earnings growth (12.3% per year) is above the savings rate (1.9%).
Earnings vs Market: ANET's earnings (12.3% per year) are forecast to grow slower than the US market (12.6% per year).
High Growth Earnings: ANET's earnings are forecast to grow, but not significantly.
Revenue vs Market: ANET's revenue (13.2% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: ANET's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ANET's Return on Equity is forecast to be high in 3 years time (21.4%)
How has Arista Networks performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANET has high quality earnings.
Growing Profit Margin: ANET's current net profit margins (29.5%) are higher than last year (27.5%).
Past Earnings Growth Analysis
Earnings Trend: ANET's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: ANET's earnings growth over the past year (37.9%) exceeds its 5-year average (21.9% per year).
Earnings vs Industry: ANET earnings growth over the past year (37.9%) underperformed the Communications industry 38.2%.
Return on Equity
High ROE: ANET's Return on Equity (22.5%) is considered high.
How is Arista Networks's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ANET's short term assets ($5.1B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: ANET's short term assets ($5.1B) exceed its long term liabilities ($586.0M).
Debt to Equity History and Analysis
Debt Level: ANET is debt free.
Reducing Debt: ANET has not had any debt for past 5 years.
Debt Coverage: ANET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ANET has no debt, therefore coverage of interest payments is not a concern.
What is Arista Networks's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ANET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ANET's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ANET's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ANET's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ANET has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jayshree Ullal (60 yo)
Ms. Jayshree V. Ullal serves as President, Chief Executive Officer and Director at Arista Networks, Inc. since October 2008. Ms. Ullal serves as Director of Snowflake Inc. since June 2020. She is a network...
CEO Compensation Analysis
Compensation vs Market: Jayshree's total compensation ($USD15.99M) is about average for companies of similar size in the US market ($USD13.26M).
Compensation vs Earnings: Jayshree's compensation has increased by more than 20% in the past year.
Experienced Management: ANET's management team is seasoned and experienced (8.1 years average tenure).
Experienced Board: ANET's board of directors are considered experienced (8.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Arista Networks, Inc.'s employee growth, exchange listings and data sources
- Name: Arista Networks, Inc.
- Ticker: ANET
- Exchange: NYSE
- Founded: 2004
- Industry: Communications Equipment
- Sector: Tech
- Implied Market Cap: US$33.493b
- Shares outstanding: 308.26m
- Website: https://www.arista.com
Number of Employees
- Arista Networks, Inc.
- 5453 Great America Parkway
- Santa Clara
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
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.