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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Arista Networks's enterprise value is CHF186,712 Mil.
Arista Networks's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was CHF3,689 Mil. Therefore, Arista Networks's EV-to-EBITDA for today is 50.62.
The historical rank and industry rank for Arista Networks's EV-to-EBITDA or its related term are showing as below:
XSWX:ANET'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.58 Med: 32.6 Max: 101
Current: 49.64
During the past 13 years, the highest EV-to-EBITDA of Arista Networks was 101.00. The lowest was 12.58. And the median was 32.60.
XSWX:ANET's EV-to-EBITDA is ranked worse than 81.69% of 1890
companies
in the Hardware industry
Industry Median: 14.59
vs XSWX:ANET: 49.64
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Arista Networks's PE Ratio (TTM) for today is calculated as:
Arista Networks's share price for today is CHF156.82.
Arista Networks's Earnings per Share (Diluted) 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 CHF2.520.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Arista Networks's EV-to-EBITDA 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-EBITDA Comparison
For the Computer Hardware subindustry, Arista Networks's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Arista Networks's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Arista Networks's EV-to-EBITDA falls into.
Arista Networks's current Enterprise Value is CHF186,712 Mil.
Arista Networks's EBITDA 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 CHF3,689 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-EBITDA of 50.62 as of Aug. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Arista Networks. This is 55% above median its historical median of 32.60. Over the past decade, Arista Networks' EV-to-EBITDA has ranged from 12.58 to 101.00. According to the industry distribution chart, Arista Networks ranks #1544 out of 1890 companies in the Hardware industry, placing it in the top 81.7%.
Is Arista Networks' EV-to-EBITDA too high?
Arista Networks' current EV-to-EBITDA of 50.62 is 55% above median its 10-year median of 32.60. Over the past 10 years, this metric has ranged from a low of 12.58 to a high of 101.00. The Hardware industry median EV-to-EBITDA is 14.59. Arista Networks' value of 50.62 is 246.9% above this industry median. Based on the distribution chart, Arista Networks ranks #1544 out of 1890 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Arista Networks has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' EV-to-EBITDA compare to SNDK and STX?
According to the Hardware industry distribution chart, Arista Networks ranks #1544 out of 1890 companies for EV-to-EBITDA. This places Arista Networks in the lower half of its industry. The industry median EV-to-EBITDA is 14.59. Arista Networks' value of 50.62 is 246.9% above this benchmark. Historically, Arista Networks' own EV-to-EBITDA has ranged from 12.58 to 101.00 over the past decade. While the company's 10-year median is 32.60 vs. the industry median of 14.59, 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-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.59, based on 1,890 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arista Networks's current EV-to-EBITDA of 50.62 is 246.9% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Arista Networks. For the Hardware industry, the median EV-to-EBITDA is 14.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arista Networks's current EV-to-EBITDA is 50.62, which is 55% above median its own 10-year median of 32.60. 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-EBITDA of 50.62. 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-EBITDA is 50.62, which is 55% above median its 10-year median of 32.60 and 246.9% above the Hardware industry median of 14.59. Arista Networks' overall GF Score™ is 98/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Arista Networks (XSWX:ANET), the current EV-to-EBITDA is 50.62 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-EBITDA: 50.62 (55% above median its 10-year median of 32.60)
GF Value™: CHF129.54 vs. price of CHF156.82 (21.1% above fair value)
Industry Position: 246.9% above the Hardware median (#1544 of 1890)
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.
98GF Score
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