Investment Detail Report | Release date 11-01-2023 | Rating as of 11-01-2023 | Currency: USD | Industry: Entertainment Page 1 of 1

Netflix Inc NFLX QQQ

ESG Risk Rating Assessment1
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4-Jan-2023
Netflix's primary business is a streaming video on demand Fair Value Uncertainty Economic Moat Sector Style Market Cap (Mil) Sales (Mil) Last Close
service now available in almost every country worldwide $290.00 Very high Narrow Commun Svs Large Growth 145,637 31,473 327.26
except China. The firm primarily generates revenue from
subscriptions to its eponymous service. Netflix delivers High 55.59 69.90 133.27 129.29 204.38 423.21 385.99 575.37 700.99 609.99 329.35 10 Yr Range(High/Low)
Low 12.96 42.79 45.26 79.95 123.80 191.96 252.28 290.25 478.54 162.71 288.70 700.99-12.96
original and third-party digital video content to PCs, internet-
1,600.0 52 Wk Range(High/Low)
connected TVs, and consumer electronic devices, including 544.27-162.71
467.0 7:1
tablets, video game consoles, Apple TV, Roku, and Price Volatility
136.0
Chromecast. Netflix is the largest SVOD platform in the world Monthly High/Low
with over 220 million subscribers globally. 39.0 Rel Strength to S&P 500
11.0 Split
2.0
100.0 Trading Volume (Million)
0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 YTD Stock Performance
297.6 -7.2 134.4 8.2 55.1 39.4 20.9 67.1 11.4 -51.1 11.0 Total Return %
Growth Rates (Compound Annual) 265.2 -20.9 133.0 -3.7 33.2 43.8 -10.6 48.7 -17.3 -32.9 7.5 +/- Market
Grade: B 1 Yr 3 Yr 5 Yr 10 Yr 242.3 -21.6 128.1 -3.5 41.5 43.4 -13.5 37.5 13.7 -10.5 -0.2 +/- Industry
Revenue % 18.8 23.4 27.5 24.9 — — — — — — — — — — — Dividend Yield %
Operating Income % 35.1 56.9 74.8 32.3 21946 20639 48948 53128 83067 116860 141985 239487 267461 131228 145637 Market Cap $Mil
Earnings/Share % 84.9 61.3 92.1 34.2
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 TTM Financials (USD)
Dividends % — — — —
3609 4375 5505 6780 8831 11693 15794 20156 24996 29698 31473 Revenue $Mil
Book Value/Share % 42.9 43.8 41.8 35.9
26.5 28.7 31.8 32.3 29.1 31.3 36.9 38.3 38.9 41.6 39.6 Gross Margin %
Stock Total Return -39.5 -0.2 8.5 36.6
50 228 403 306 380 839 1605 2604 4585 6195 5715 Oper Income $Mil
+/- Industry -7.2 5.8 8.0 26.9
+/- Market -25.1 -8.7 -0.9 24.0 1.4 5.2 7.3 4.5 4.3 7.2 10.2 12.9 18.3 20.9 18.2 Operating Margin %
17 112 267 123 187 559 1211 1867 2761 5116 5044 Net Income $Mil
Profitability Analysis 0.04 0.26 0.62 0.28 0.43 1.25 2.68 4.13 6.08 11.24 11.17 Earnings Per Share $
Grade: A Current 5 Yr Avg Ind Mkt — — — — — — — — — — — Dividends $
Return on Equity % 28.2 28.4 5.0 31.2 412 425 432 436 439 447 451 452 454 455 452 Shares Mil
Return on Assets % 11.2 7.0 1.8 11.2 1.91 2.89 4.08 5.06 5.88 7.68 11.47 15.64 23.33 34.50 46.13 Book Value Per Share $
Revenue/Employee $K 2785.2 2396.3 — 0.0
22 98 16 -749 -1474 -1786 -2680 -2887 2427 393 1179 Oper Cash Flow $Mil
Fixed Asset Turns 24.3 36.7 3.6 —
-89 -120 -145 -169 -185 -173 -174 -253 -498 -525 -462 Cap Spending $Mil
Inventory Turns — —* 29.8 —
-67 -22 -128 -919 -1659 -1959 -2854 -3140 1929 -132 717 Free Cash Flow $Mil
Gross Margin % 39.6 37.4 38.9 —
Operating Margin % 18.2 13.9 8.7 — 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 TTM Profitability
Net Margin % 16.0 10.0 3.7 18.2 0.5 2.4 4.3 1.4 1.6 3.4 5.4 6.2 7.5 12.2 11.2 Return on Assets %
Free Cash Flow/Rev % 2.3 — 2.6 — 2.5 10.8 16.7 6.0 7.6 17.9 27.5 29.1 29.6 38.0 28.2 Return on Equity %
R&D/Rev % 7.7 7.7 1.5 — 1.03 0.93 0.88 0.79 0.74 0.72 0.70 0.67 0.68 0.71 0.70 Asset Turnover
0.5 2.6 4.9 1.8 2.1 4.8 7.7 9.3 11.1 17.2 16.0 Net Margin %
Financial Position (USD) 5.3 4.1 3.8 4.6 5.1 5.3 5.0 4.5 3.5 2.8 2.3 Financial Leverage
Grade: C 12-21 $Mil 09-22 $Mil 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 09-22 Financial Health (USD)
Cash 6028 6114 400 500 886 2371 3364 6499 10360 14759 15809 14693 13888 Long-Term Debt $Mil
Inventories 2126 2370 745 1334 1858 2223 2680 3582 5239 7582 11065 15849 20528 Total Equity $Mil
Receivables 804 875
0.54 0.37 0.48 1.07 1.26 1.81 1.98 1.95 1.43 0.93 0.68 Debt/Equity
Current Assets 8070 8817
565 905 1264 1902 1134 2204 3207 -677 1956 -419 1051 Working Capital $Mil
Fixed Assets 1323 1373
Intangibles 30920 32777 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 TTM Valuation
Total Assets 44585 47562 312.5 90.9 303.0 333.3 192.3 95.2 104.2 87.7 54.3 26.4 29.3 Price/Earnings
Payables 837 560 0.2 0.0 0.2 — — 0.1 0.0 0.0 0.0 — 1.5 P/E vs. Market
Short-Term Debt 700 700 5.4 4.0 7.7 6.6 7.8 8.1 7.7 10.3 9.6 4.2 4.7 Price/Sales
Current Liabilities 8489 7766 18.2 12.0 22.6 21.1 25.0 23.3 20.7 23.2 17.5 6.4 7.1 Price/Book
Long-Term Debt 14693 13888 500.0 217.4 -91.7 -46.7 -46.1 -62.5 -54.9 222.2 416.7 113.6 125.5 Price/Cash Flow
Total Liabilities 28735 27034
Total Equity 15849 20528 Quarterly Results (USD) Close Competitors
Revenue $ Dec Mar Jun Sep Mkt Cap $Mil Rev $Mil P/E ROE%
Valuation Analysis Most Recent 7709.0 7867.0 7970.0 7925.0 The Walt Disney Co 175667 82722 55.0 3.4
Previous 6644.0 7163.0 7341.0 7483.0 Comcast Corp Class A 164073 121210 32.2 6.1
Current 5 Yr Avg Ind Mkt
Price/Earnings 29.3 97.6 52.4 19.0 Rev Growth % Dec Mar Jun Sep Major Fund Holders
Forward P/E 29.9 — — — Most Recent 16.0 9.8 8.6 5.9 % of shares

Price/Cash Flow 125.5 203.9 28.3 14.2 Previous 21.5 24.2 19.4 16.3 GS netWIN Technology Equity MF 0.05
Price/Free Cash Flow 206.5 508.8 73.0 — Earnings Per Share $ Dec Mar Jun Sep KODEX FANG Plus (H) 0.02
Dividend Yield % — — 0.4 1.9 Most Recent 1.33 3.53 3.20 3.10 MiraeAsset Global Great Consumer Mstr Eq 0.01
Price/Book 7.1 21.4 2.6 3.6 Previous 1.19 3.75 2.97 3.19 Contact
Price/Sales 4.7 8.5 1.9 — Netflix Inc Phone: +1 408 540-3700
PEG Ratio 2.4 — — — 100 Winchester Circle Website: https://www.netflix.com
*3Yr Avg data is displayed in place of 5 Yr Avg Los Gatos, CA 95032
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The ESG Risk Rating Assessment is a representation of Sustainalytics’ ESG Risk Rating.

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