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Netflix, Inc (ZNFL) Fair Value & Analysis

Communication Services · CA · Market cap C$475B

NI Netflix, Inc ZNFL · NEO
PriceC$6.77
Fair ValueC$2.96
Upside-56.3%
Quality65/100
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Evidence: High Range C$1.97 – C$3.72

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 23 days ago

Fair value updated Jun 24, 2026, revised from C$4.30 to C$2.96 (−31.2%) since Jun 23, 2026. Share price −4.5% over the past month.

Price vs Fair Value (7 months)

C$9.44 C$6.34 Fair Value C$2.96 Oct 2025 Jun 2026

7‑month range C$6.34 – C$9.44 · fair‑value band C$1.97 – C$3.72 · the C$6.77 price screens above the C$2.96 fair value. As of Jun 24, 2026.

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Analysis

Netflix, Inc (ZNFL) currently trades at C$6.77, while our model-based Fair Value estimate is C$2.96, implying the stock looks roughly 56.3% overvalued today. We read business quality at 65/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Netflix, Inc generated revenue of C$46.9B at a net margin of 28.5%. Revenue grew 16.2% year over year. It earns a return on equity of 48.5%. Net debt stands at C$5.4B. Fundamentals as of Jun 24, 2026

Our scenario range runs from C$1.97 (bear case) to C$3.72 (bull case); at C$6.77, the current price sits above that range. The share trades about 46% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -33% fair-value upside, at -56%, ZNFL screens richer than that median.

Key figures & financial health

Revenue (TTM) C$46.9B
Revenue growth (YoY) +16.2%
Net margin 28.5%
Return on equity 48.5%
Free cash flow C$9.5B FY2025
P/E ratio 1.5
More key figures
Operating margin 32.3%
EPS (TTM) C$4.33
EPS growth (YoY) +86.4%
Net debt C$5.4B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Netflix, Inc reported revenue of C$45.2B in FY2025 versus C$31.6B in FY2022, a compound +12.6%/yr. Reported net income was C$11.0B in FY2025, compounding +34.7%/yr from FY2022.

Revenue +12.6%/yr
FY22 C$31.6B
FY23 C$33.7B
FY24 C$39.0B
FY25 C$45.2B
Net income +34.7%/yr
FY22 C$4.5B
FY23 C$5.4B
FY24 C$8.7B
FY25 C$11.0B

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Cite: Fair Value Calculator (2026). "Netflix, Inc Fair Value". https://www.fairvalue-calculator.com/stock/ZNFL

Similar stocks

10 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
The Walt Disney Company DIS C$11.30 C$7.61 -33%
Warner Bros. Discovery, Inc WBD $26.95 $10.35 -62%
Live Nation Entertainment, Inc LYV $160.07 $45.60 -72%
Universal Music Group UMG €17.83 €13.64 -23%
TKO Group TKO $206.43 $174.49 -15%
News Corporation N1WS35 R$71.61 R$62.07 -13%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 18.97 MXN -66%
Beijing Enlight Media Co 300251 ¥11.42 ¥14.79 +30%
Oriental Pearl Group 600637 ¥8.64 ¥2.66 -69%
China Film Co 600977 ¥14.22 ¥3.80 -73%

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Frequently asked questions

Is Netflix, Inc (ZNFL) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$2.96 versus a price of C$6.77, about −56% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ZNFL?
Our model-based fair value for Netflix, Inc is C$2.96 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$6.77.
What is the quality score of ZNFL?
Netflix, Inc has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Netflix, Inc (ZNFL)?
Netflix, Inc reported trailing-twelve-month revenue of about C$46.9B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ZNFL?
The net profit margin of Netflix, Inc is about 28.5%, meaning it keeps roughly 28.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.