Fastly, Inc.
$3.28B- Market cap
- $3.28B
- Debt
- +$361.84M
- Cash
- −$361.76M
Capital structure 90% equity / 10% debt · EV / Revenue 5.26x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $3.28B · View financials
Snapshot Sep 4, 4:00 PM ET
FY 2025 · Mkt cap
Decision snapshot: FSLY stock price at premium vs VST $20.59 current versus $11.07 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at VST's multiple
Implied fair value · at FSLY's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: FSLY FY 2025 (ended Dec 31, 2025) · VST 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.
Capital structure 90% equity / 10% debt · EV / Revenue 5.26x
Capital structure 74% equity / 26% debt · EV / Revenue 3.78x · EV / EBITDA 29.27x
VST carries the larger enterprise value at $66.97B against $3.28B; VST trades on the lower EV / Revenue multiple (3.78x vs 5.26x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Fastly, Inc. · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
Vistra Corp. · implied price per share
Bear
$11.86
Base
$24.38
Bull
$41.28
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.
Debt / equity
Total debt against shareholders' equity
0.39x
3.46x
Net debt / EBITDA
Leverage against operating earnings
-0.01x
7.37x
Cash and equivalents
Liquid reserves on the balance sheet
$361.76M
$785.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$361.84M
$17.64B
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