Arista Networks, Inc. (ANET)
Computer Communications Equipment
Latest Price
$180.35
TTM P/E
61.98
Normalized P/E
59.00
Div Yield
--
Book Value
10.72
P/B Ratio
16.82
Valuation metrics
adjust assumptions →EPS: $2.75
Book value / share: $9.85
Formula: √(22.5 × EPS × BVPS)
Graham Number
$24.68
86% downside
Norm. op. income: $1.5B (median of 7yr)
Tax rate: 14%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$12.04
93% downside
Base FCF: $2.0B (median of recent 5yr)
Growth: 20%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$86.01
52% downside
EPS: $2.75
Target P/E: 59×
Formula: EPS × P/E
P/E Fair Value
$162.25
10% downside
Institutional Ownership
66.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 91.91M | $11.28B | 7.30% | -3.54M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 68.27M | $8.38B | 5.42% | -- | 2026-03-31 |
| FMR LLC | 52.31M | $6.42B | 4.15% | +13.27M | 2026-03-31 |
| STATE STREET CORP | 46.76M | $5.74B | 3.71% | -208.7K | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 29.32M | $3.60B | 2.33% | -7.85M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 27.23M | $3.33B | 2.16% | +781.7K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 25.84M | $3.17B | 2.05% | -- | 2026-03-31 |
| Cresset Asset Management, LLC | 20.69M | $2.54B | 1.64% | -1.4K | 2026-03-31 |
| MORGAN STANLEY | 18.51M | $2.27B | 1.47% | +325.3K | 2026-03-31 |
| Capital Research Global Investors | 14.76M | $1.81B | 1.17% | -540.6K | 2026-03-31 |