Cloudflare, Inc. (NET) — Available-Data Snapshot
Updated Sep 3, 2026 · available-data snapshot · descriptive, not a DCF, not advice
We don't publish a discounted-cash-flow fair value for Cloudflare, Inc. (NET) because the free data sources we rely on don't expose the multi-year financials a DCF needs — common for small or thinly-covered listings. Rather than invent numbers, this page shows an honest snapshot of what the public data does support: the current price and size, any relative valuation multiples that exist, a book-value view, and a price-based read. Treat it as a descriptive starting point, not a valuation and not investment advice.
On the numbers we do have, NET trades at a recent price of $272.74, a market capitalisation of about $97,117,175,808, sitting 66% of the way up its 52-week range ($158.83–$332.22), on the NYSE.
The standard alternative to a DCF is relative valuation — comparing NET's trading multiples against its direct industry peers. Here that gives Fwd P/E of 163.0× (richer than the peer median of 43.0×); P/B of 59.9× (richer than the peer median of 11.0×); P/S of 38.7× (richer than the peer median of 10.2×); EV/EBITDA of -26726.8× (cheaper than the peer median of 861.6×). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.
The asset, or book-value, lens is the classic tool for asset-heavy businesses and financials. NET shows a price-to-book (P/B) of 59.92 and book value of $4.55 per share. Price-to-book compares the market price to the accounting net-asset value per share; below 1.0 can mean a discount to net assets or that the market is pricing in trouble — descriptive either way, never a buy signal on its own.
Finally, a price-based read — explicitly not a valuation. NET is in a mixed trend, trading -17.9% from its 52-week high. Over the past year the stock is +36.0%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.
What's missing and why: we can't build a DCF for NET because the data source doesn't reliably provide dividend. We would rather say so plainly than manufacture a precise-looking number from nothing. As coverage improves, or for larger and more widely-followed listings, a full intrinsic-value model becomes possible.
Relative valuation — NET vs peers
| Multiple | NET | Peer median | |
|---|---|---|---|
| Fwd P/E | 163.0× | 43.0× | richer than |
| P/B | 59.9× | 11.0× | richer than |
| P/S | 38.7× | 10.2× | richer than |
| EV/EBITDA | -26726.8× | 861.6× | cheaper than |
Direct industry peers.
Asset / book-value view
Price-to-book compares the market price to the accounting net-asset value per share. Most useful for asset-heavy businesses, banks and insurers.
Price-based snapshot
Price-based, not a valuation. Moving-average trend and 52-week position describe where the stock has traded — they say nothing about fair value.
Compare NET with its peers
Companies people research alongside NET
Explore more
Most undervalued stocks (per our valuation) · All valued stocks · Interactive NET viewA descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is an educational tool, not a licensed investment adviser. Figures are estimates derived from public market data and can be wrong, stale or incomplete.