Valuation
26% of the score, 28% here after data gaps
12median 56
Arista Networks is valued at 47x its operating profit, including debt: a very rich multiple.
60x
50x
35x
25x
18x
12x
8x
47x
Full points at 8x or less, none from 60xfull points
ANETArista Networks
$204.48+43% 1Y
$204.48
$116.1352 weeks$213.64
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 62 out of 100, Above average
Above average. Arista Networks scores higher than 58% of the 1,794 companies Ryufin scores.
Carried by return on capital and return on new capital, held back by valuation.
Technology median 48 · all companies 57
Return on capital
18% of the score, 20% here after data gaps
100median 34
Over 7 years the business earned 83% a year after tax on the capital it uses.
2%
8%
15%
25%
83%
None at 2% or less, full points from 25%full points
7 years agolatest 101%
Return on new capital
16% of the score, 17% here after data gaps
100median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 22 cents. New capital earned 107%, and 20% of profit went back into the business.
-5%
12%
22%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score, 15% here after data gaps
67median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countFlat over 5 years
625%
-3%
0.1%
0 pointsfull points
Assets against salesAssets grew 33% a year, sales 31%
7512%
-2%
1.4%
0 pointsfull points
Cycle position
12% of the score, 13% here after data gaps
45median 62
Today's operating margin of 43% is 1.25x its normal 35%: above its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
1.2x
A trough earns points, a peak costs themfull points
10 years agonow 43%
Balance sheet
Taken out: its 8% is shared by the others
n/ano data
No debt or interest figures on file.
Earnings quality
6% of the score, 7% here after data gaps
78median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.20x profit over 3 years
860.7x
1x
1.3x
1.2x
0 pointsfull points
AccrualsCash ran ahead of profit by 5.1% of assets
868%
0%
-8%
-5.1%
0 pointsfull points
Beneish M-score-2.23
61-1.50
-1.78
-2.22
-3.00
-2.23
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For ANET, balance sheet could not be measured from the filings, so it is taken out and the remaining weights scale up.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.
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