Cisco Systems, Inc.
$464.40B- Market cap
- $442.08B
- Debt
- +$29.53B
- Cash
- −$7.22B
Capital structure 94% equity / 6% debt · EV / Revenue 7.33x · EV proxy / EBITDA proxy 28.90x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $442.08B · View financials
Snapshot Sep 11, 2026, 4:00 PM ET
Decision snapshot: CSCO stock price at premium vs ADP $112.13 current versus $81.66 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ADP's multiple
Implied fair value · at CSCO's multiple
Snapshot Sep 11, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Multiple premium
Higher P/E
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Capital structure 94% equity / 6% debt · EV / Revenue 7.33x · EV proxy / EBITDA proxy 28.90x
Capital structure 96% equity / 4% debt · EV / Revenue 4.89x
CSCO carries the larger enterprise value at $464.40B against $107.30B; ADP trades on the lower EV / Revenue multiple (4.89x vs 7.33x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
CISCO SYSTEMS, INC. · implied price per share
Bear
$43.38
Base
$52.40
Bull
$64.84
AUTOMATIC DATA PROCESSING, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
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.
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CSCO vs PCTY
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe CSCO can reaccelerate growth and sustain premium margins over ADP, then holding may be reasonable; otherwise, reduce exposure because CSCO’s current valuation implies -41.3% downside versus ADP-based model and its growth advantage is not supported by the data.
CSCO trades at a clear premium to ADP on P/E, P/S, EV/EBITDA, and EV/Revenue even though its growth is not superior. The provided implied price of $68.08 versus the current price of $115.99 suggests a -41.3% downside gap, indicating valuation is doing most of the work in the comparison.
Supporting Metrics