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This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Arista Networks's Enterprise Value for the quarter that ended in Jun. 2026 was CHF0 Mil.
Arista Networks's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,615 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Arista Networks EV-to-EBIT Related Terms
Arista Networks EV-to-EBIT Historical Data
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The historical data trend for Arista Networks's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:ANET vs SNDK, STX, WDC: EV-to-EBIT Comparison
For the Computer Hardware subindustry, Arista Networks's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Arista Networks EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, Arista Networks's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Arista Networks's EV-to-EBIT falls into.
Arista Networks's current Enterprise Value is CHF186,712 Mil.
Arista Networks's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,615 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Arista Networks (XSWX:ANET) has a EV-to-EBIT of 51.65 as of Aug. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Arista Networks and its competitors. This is 52% above median its historical median of 33.96. Over the past decade, Arista Networks' EV-to-EBIT has ranged from 13.09 to 112.81. According to the industry distribution chart, Arista Networks ranks #1364 out of 1775 companies in the Hardware industry, placing it in the top 76.8%.
Is Arista Networks' EV-to-EBIT too high?
Arista Networks' current EV-to-EBIT of 51.65 is 52% above median its 10-year median of 33.96. Over the past 10 years, this metric has ranged from a low of 13.09 to a high of 112.81. The Hardware industry median EV-to-EBIT is 20.41. Arista Networks' value of 51.65 is 153.1% above this industry median. Based on the distribution chart, Arista Networks ranks #1364 out of 1775 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Arista Networks has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' EV-to-EBIT compare to SNDK and STX?
According to the Hardware industry distribution chart, Arista Networks ranks #1364 out of 1775 companies for EV-to-EBIT. This places Arista Networks in the lower half of its industry. The industry median EV-to-EBIT is 20.41. Arista Networks' value of 51.65 is 153.1% above this benchmark. Historically, Arista Networks' own EV-to-EBIT has ranged from 13.09 to 112.81 over the past decade. While the company's 10-year median is 33.96 vs. the industry median of 20.41, Arista Networks has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 20.41, based on 1,775 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arista Networks's current EV-to-EBIT of 51.65 is 153.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Arista Networks and its competitors. For the Hardware industry, the median EV-to-EBIT is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arista Networks's current EV-to-EBIT is 51.65, which is 52% above median its own 10-year median of 33.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arista Networks stock overvalued right now?
Arista Networks (XSWX:ANET) has a current EV-to-EBIT of 51.65. The stock's GF Value™ is CHF129.54, compared to a current price of CHF156.82 — trading 21.1% above its estimated fair value. The current EV-to-EBIT is 51.65, which is 52% above median its 10-year median of 33.96 and 153.1% above the Hardware industry median of 20.41. Arista Networks' overall GF Score™ is 97/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Arista Networks (XSWX:ANET), the current EV-to-EBIT is 51.65 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Arista Networks (XSWX:ANET) Overvalued in 2026?
Based on GuruFocus' analysis, Arista Networks stock appears to be overvalued.
The current stock price of CHF156.82 is trading 21.1% above its estimated GF Value™ of CHF129.54.
Key valuation signals for XSWX:ANET:
EV-to-EBIT: 51.65 (52% above median its 10-year median of 33.96)
GF Value™: CHF129.54 vs. price of CHF156.82 (21.1% above fair value)
Industry Position: 153.1% above the Hardware median (#1364 of 1775)
No single metric tells the full story. See the XSWX:ANET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
97GF Score
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