Obermatt

Netflix

NSQ:NFLX · US64110L1061
EntertainmentXX-Large

360

88
EV / EBIT50
Price / Owner Earnings20
Owner Earnings Yield63
Dividend Yield1
Price/Sales1
EV / Gross Profit5
Price/Book10
Return on Capital98
Cash Return on Capital98
Return on Equity93
EBIT Margin100
Gross Profitability75
Cash Conversion16
Accruals28
Owner Earnings Margin97
Sales growth87
Profit Growth100
Long-Term EPS Growth84
Owner Earnings Growth73
Reinvestment34
Price momentum32
Debt load63
Refinancing65
Debt Payback70
Liquidity89
Analyst ratings64
Opinion Changes52
Price Target Upside64
Market mood99
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Netflix generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryEntertainment
SizeXX-Large
TypePublic Company
ExchangeNASDAQGS
Founded1997
Employees21,326
ISINUS64110L1061
Last UpdateApr 2, 2026
Themes
Digital MediaEntertainment SystemsVideo StreamingContent CreationStreaming MediaDigital EntertainmentMedia and EntertainmentTVVideo

Description

Netflix, Inc. (Netflix) operates as a producer and distributor of content. Netflix is one of the world’s leading entertainment services with approximately 302 million paid memberships in over 190 countries enjoying TV series, films and games across…

Analysis

Quality compounder

Netflix, Inc. earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 26.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 10% a year, against analyst forecasts of 21%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
84
2023202420252026

All-time high

91

Oct 2025

All-time low

71

Jan 2023

Average rank

86

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
1
5
5
13
Price/Earnings
24
14
22
27
Price/Book
10
6
3
6
Dividend Yield
1
1
1
1
Value (overall)
1
1
3
4

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →