Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: ANET stock price vs TTD: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at TTD's multiple
Needs TTD P/E.
Implied fair value · at ANET's multiple
Needs ANET P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ANET FY 2025 (ended Dec 31, 2025) · TTD FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Arista Networks, Inc. · implied price per share
Bear
$26.69
Base
$31.40
Bull
$36.11
The Trade Desk, Inc. · implied price per share
Bear
$5.10
Base
$6.00
Bull
$6.90
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.01x
1.43x
Net debt / EBITDA
Leverage against operating earnings
-0.43x
3.33x
Cash and equivalents
Liquid reserves on the balance sheet
$1.96B
$1.30B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$98.79M
$3.56B
Live quote
Edwyn research
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe ANET can sustain its 28.6% revenue growth and 42.8% operating margin, then hold only if you are comfortable paying a premium because the current $180.35 price is far above both TTD-implied $21.14-$61.01 range and the DCF range of $25.47-$34.46.
ANET trades at a large premium to TTD on every listed valuation multiple, even though the model’s implied price is $55.12 versus the current price of $180.35. The gap is especially pronounced on P/S and EV/Revenue, which suggests the market is paying for ANET’s stronger growth and profitability, but the magnitude still looks stretched relative to TTD and DCF ranges.
Supporting Metrics
