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Arista Networks, Inc. (ANET)

Computer Communications Equipment

Latest Price
$168.86
TTM P/E
53.44
Normalized P/E
63.36
TTM Div Yield
--
Fwd Div Yield
--
Book Value
11.75
P/B Ratio
14.37

Valuation metrics

adjust assumptions →
EPS: $2.75
Book value / share: $9.85
Formula: √(22.5 × EPS × BVPS)
Graham Number
$24.68
85% 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
49% downside
EPS: $2.75
Target P/E: 63×
Formula: EPS × P/E
P/E Fair Value
$173.25
+3% upside

Institutional Ownership

71.4% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.91.38M$15.52B7.25%-523.8K2026-06-30
Vanguard Capital Management LLC68.69M$11.67B5.45%+418.1K2026-06-30
State Street Corp48.17M$8.18B3.82%+1.40M2026-06-30
FMR LLC47.35M$8.04B3.75%-4.96M2026-06-30
Geode Capital Management, LLC27.51M$4.66B2.18%+276.5K2026-06-30
Vanguard Portfolio Management LLC25.81M$4.38B2.05%-30.9K2026-06-30
Price T Rowe Associates Inc23.23M$3.94B1.84%-6.09M2026-06-30
Morgan Stanley19.70M$3.35B1.56%+1.19M2026-06-30
Cresset Asset Management, LLC19.37M$3.29B1.54%-1.32M2026-06-30
Capital Research Global Investors13.16M$2.24B1.04%-1.60M2026-06-30
View all institutional holders →