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: NET stock price vs ZBRA: 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 ZBRA's multiple
Needs ZBRA P/S.
Implied fair value · at NET's multiple
Needs NET P/S.
Metric by metric
Live quote
Price unavailable
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: NET FY 2025 (ended Dec 31, 2025) · ZBRA 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.
Cloudflare, Inc. · implied price per share
Bear
$2.27
Base
$2.67
Bull
$3.07
Zebra Technologies Corporation · implied price per share
Bear
$64.05
Base
$75.35
Bull
$86.65
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
0.00x
0.70x
Net debt / EBITDA
Leverage against operating earnings
-8.62x
2.67x
Cash and equivalents
Liquid reserves on the balance sheet
$943.54M
$149.39M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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$255.00K
$2.50B
Live quote
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 NET can convert its 29.8% revenue growth into sustained positive operating margins and ROIC, then hold or accumulate on weakness; otherwise, the data supports avoiding or trimming NET because it is priced at a massive premium to ZBRA despite weaker profitability and returns.
NET is priced far above ZBRA-based reference, with an implied price of $20.09 versus a current price of $287.39, implying -93.0% downside. The gap is driven by NET’s much richer multiples, especially 46.2x P/S and 45.8x EV/Revenue, versus ZBRA’s 3.2x P/S and 3.7x EV/Revenue.
Supporting Metrics
