Spreadsheet Data
Audit the saved peer set and the method inputs behind the blended fair value.
Review the saved peer set across price, scale, operating metrics, and raw valuation multiples.
| Peer | Price | Market Cap |
|---|
| Enterprise Value |
|---|
| Revenue |
|---|
| EBITDA |
|---|
| Net Income |
|---|
| P/E |
|---|
| P/S |
|---|
| EV/EBITDA |
|---|
NE NET Cloudflare, Inc. FY ended Dec 31, 2025 | $299.84 | $105.99B | $108.64B | $2.17B | $95.67M | -$102.27M | -1033.93x | 48.89x | 992.50x |
AK AKAM AKAMAI TECHNOLOGIES INC FY ended Feb 16, 2026 | $107.47 | $15.45B | $19.97B | $4.21B | $1.33B | $452.03M | 35.01x | 3.67x | 14.70x |
LU LUMN Lumen Technologies, Inc. FY ended Feb 17, 2026 | $6.04 | $6.23B | $19.37B | $12.40B | $1.27B | -$1.74B | -3.45x | 0.50x | 7.79x |
CS CSCO CISCO SYSTEMS, INC. FY ended Aug 28, 2025 | $109.93 | $433.28B | $451.46B | $56.65B | $12.56B | $10.18B | 43.11x | 7.65x | 32.12x |
VS VSAT VIASAT INC FY ended May 08, 2026 | $67.37 | $9.28B | $10.43B | $4.64B | $1.80B | -$34.09M | -269.48x | 2.00x | 4.79x |
ZS ZS Zscaler, Inc. FY ended Aug 29, 2025 | $184.23 | $29.79B | $29.31B | $2.67B | $5.07M | -$41.48M | -682.33x | 11.14x | 399.21x |
See which peer averages feed the weighted fair value and which methods are excluded.
| Method | Type | Avg. Multiple | Coverage | Implied Equity Value | Fair Value / Share | Status |
|---|---|---|---|---|---|---|
EV / EBITDA EVExcluded | Enterprise Multiple | 949.15x | 6/6 | -$35.53B | — | Target fundamentals do not produce a usable positive equity value. |
Price / Sales PSActive | Equity Multiple | 12.31x | 6/6 | $7.68B | $48.22 | Included in the active peer mix. |
Price / Earnings PEExcluded | Equity Multiple | -318.51x | 6/6 | $38.76B | $243.29 | Peer averages are not economically meaningful for this method. |
Open the saved peer table used to audit the fair value view.
| Peer | Price | Market Cap | Enterprise Value | Revenue | EBITDA | Net Income | P/E | P/S | EV/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
NE NET Cloudflare, Inc. FY ended Dec 31, 2025 | $299.84 | $105.99B | $108.64B | $2.17B | $95.67M | -$102.27M | -1033.93x | 48.89x | 992.50x |
AK AKAM AKAMAI TECHNOLOGIES INC FY ended Feb 16, 2026 | $107.47 | $15.45B | $19.97B | $4.21B | $1.33B | $452.03M | 35.01x | 3.67x | 14.70x |
LU LUMN Lumen Technologies, Inc. FY ended Feb 17, 2026 | $6.04 | $6.23B | $19.37B | $12.40B | $1.27B | -$1.74B | -3.45x | 0.50x | 7.79x |
CS CSCO CISCO SYSTEMS, INC. FY ended Aug 28, 2025 | $109.93 | $433.28B | $451.46B | $56.65B | $12.56B | $10.18B | 43.11x | 7.65x | 32.12x |
VS VSAT VIASAT INC FY ended May 08, 2026 | $67.37 | $9.28B | $10.43B | $4.64B | $1.80B | -$34.09M | -269.48x | 2.00x | 4.79x |
ZS ZS Zscaler, Inc. FY ended Aug 29, 2025 | $184.23 | $29.79B | $29.31B | $2.67B | $5.07M | -$41.48M | -682.33x | 11.14x | 399.21x |
Open the peer-average inputs behind the weighted result.
| Method | Type | Avg. Multiple | Coverage | Implied Equity Value | Fair Value / Share | Status |
|---|---|---|---|---|---|---|
EV / EBITDA EVExcluded | Enterprise Multiple | 949.15x | 6/6 | -$35.53B | — | Target fundamentals do not produce a usable positive equity value. |
Price / Sales PSActive | Equity Multiple | 12.31x | 6/6 | $7.68B | $48.22 | Included in the active peer mix. |
Price / Earnings PEExcluded | Equity Multiple | -318.51x | 6/6 | $38.76B | $243.29 | Peer averages are not economically meaningful for this method. |
