Cisco Systems, Inc.
$445.91B- Market cap
- $423.59B
- Debt
- +$29.53B
- Cash
- −$7.22B
Capital structure 93% equity / 7% debt · EV / Revenue 7.04x · EV proxy / EBITDA proxy 27.75x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $423.59B · View financials
Snapshot Sep 10, 2026, 4:00 PM ET
FY 2026 · Mkt cap
Decision snapshot: CSCO stock price near parity vs NVDA $107.44 current versus $126.74 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 NVDA's multiple
Implied fair value · at CSCO's multiple
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Multiple discount
Lower 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 93% equity / 7% debt · EV / Revenue 7.04x · EV proxy / EBITDA proxy 27.75x
Capital structure 100% equity / 0% debt · EV / Revenue 20.80x · EV proxy / EBITDA proxy 33.72x
NVDA carries the larger enterprise value at $4.49T against $445.91B; CSCO trades on the lower EV / Revenue multiple (7.04x vs 20.80x); CSCO on the lower EV / EBITDA (27.75x vs 33.72x).
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
NVIDIA CORP · implied price per share
Bear
$43.09
Base
$52.57
Bull
$59.95
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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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 accelerate revenue growth meaningfully above 5.3% and expand margins closer to NVDA's level, then holding or buying would be more defensible; based on the current data, the better action is to trim or avoid CSCO because the P/E-implied value is $97.06 versus a current price of $121.43.
CSCO's current price of $121.43 is above the P/E-implied value of $97.06, suggesting a 20.1% downside gap. The stock also sits above the midpoint of its historical band and near the upper half of NVDA-implied range, which implies limited relative valuation support despite decent quality metrics.
Supporting Metrics