What is the intrinsic value of Anet

The intrinsic value of ANET can be assessed by analyzing various financial metrics and industry trends. Here's a step-by-step analysis:

1. **Financial Metrics Analysis**:
- The P/E ratio of ANET is 44.98, which is relatively high, suggesting that the stock may be overvalued or that investors are expecting high growth rates.
- The EPS is $2.04, indicating a profitable company.
- The debt-to-equity ratio is 0.34%, which is very low, indicating a strong financial position with minimal debt.
- Free cash flow is -$1.83 billion, which is negative, suggesting that the company may be generating less cash than it is spending.

|Ticker|Name|P/E(TTM)|Free Cash Flow|Debt-to-Equity Ratio|Basic EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|
|ANET.N|Arista Networks||-1.8261019697E9|0.3418667402667026|2.04|20240331|ANET|169|
|ANET.N|Arista Networks|44.980545||||20240614|ANET|169|

2. **Profitability and Growth**:
- The net profit margin is 40.58%, which is quite high, indicating that ANET is highly profitable.
- The ROE is 8.46%, which is reasonable but not exceptionally high.
- The revenue growth rate is 16.28%, which is a healthy rate of growth.
- The dividend yield is not provided, but a high dividend yield would be a positive indicator of the company's ability to generate income and return value to shareholders.

|Ticker|Name|Total Revenue year-on-year growth rate|ROE(Average)|Net Profit Margin|Dividend Yield (TTM)|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|
|ANET.N|Arista Networks|16.28170623324362|8.4567|40.5818||20240331|ANET|169|
|ANET.N|Arista Networks|||||20240614|ANET|169|

3. **Analyst Ratings and Price Targets**:
- Analysts have set an average 12-month price target of $314.31, with a high estimate of $349 and a low estimate of $210. This suggests a potential upside or downside from the current price.
- The company has received positive analyst ratings, with several maintaining "Overweight" or "Buy" ratings.

|Ticker|Name|P/E(TTM)|Free Cash Flow|Debt-to-Equity Ratio|Basic EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|
|ANET.N|Arista Networks||-1.8261019697E9|0.3418667402667026|2.04|20240331|ANET|169|
|ANET.N|Arista Networks|44.980545||||20240614|ANET|169|

4. **Industry Position and Trends**:
- ANET is an industry leader in data-driven networking solutions, which may support a higher intrinsic value due to its market position and innovation.
- The company has a strong customer base and has expanded its product offerings through acquisitions.

In conclusion, while ANET shows strong financial metrics and a solid market position, the negative free cash flow and high P/E ratio should be considered. The analyst price targets suggest a potential for growth but also indicate potential downside risks. The intrinsic value of ANET would require a more comprehensive analysis, including future growth projections, industry trends, and market conditions.