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 |
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 |
CR CRWD CrowdStrike Holdings, Inc. FY ended Jan 31, 2026 | $218.40 | $223.63B | $219.42B | $4.81B | -$71.34M | -$162.50M | -336.00x | 46.47x | 6312.02x |
CY CYBR CyberArk Software Ltd. FY ended Dec 31, 2024 | — | — | — | $1.00B | $26.02M | -$93.46M | — | — | — |
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 EVActive | Enterprise Multiple | 2820.12x | 2/4 | $1.02T | $5,793.46 | Included in the active peer mix. |
Price / Sales PSActive | Equity Multiple | 35.50x | 3/4 | $103.63B | $591.51 | Included in the active peer mix. |
Price / Earnings PEExcluded | Equity Multiple | -684.09x | 3/4 | -$160.76B | — | 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 |
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 |
CR CRWD CrowdStrike Holdings, Inc. FY ended Jan 31, 2026 | $218.40 | $223.63B | $219.42B | $4.81B | -$71.34M | -$162.50M | -336.00x | 46.47x | 6312.02x |
CY CYBR CyberArk Software Ltd. FY ended Dec 31, 2024 | — | — | — | $1.00B | $26.02M | -$93.46M | — | — | — |
Open the peer-average inputs behind the weighted result.
| Method | Type | Avg. Multiple | Coverage | Implied Equity Value | Fair Value / Share | Status |
|---|---|---|---|---|---|---|
EV / EBITDA EVActive | Enterprise Multiple | 2820.12x | 2/4 | $1.02T | $5,793.46 | Included in the active peer mix. |
Price / Sales PSActive | Equity Multiple | 35.50x | 3/4 | $103.63B | $591.51 | Included in the active peer mix. |
Price / Earnings PEExcluded | Equity Multiple | -684.09x | 3/4 | -$160.76B | — | Peer averages are not economically meaningful for this method. |
