Stocks · Media

Meta Platforms, Inc. (META)

$625.72

−0.77% last session

Market value

$1.61tn

P/E ratio

21.8

Dividend yield

–

52-week range

$520–$780

What Meta Platforms, Inc. does

until its October 2021 rebranding, is a technology enterprise focused on developing innovative products that empower people globally to connect and share with their friends and family. These services are accessible across a variety of digital platforms, including mobile phones, personal computers, virtual reality devices, and wearables. The company's activities are organized into two principal divisions: the Family of Apps and Reality Labs.

Media · based in the US · listed since 2012Company website ↗

Report card

tap a grade for the details

AGrowthGrowing fast

Sales growth, last 12 months27.5% · 99/100

Sales growth a year, 5 years18.5% · 91/100

Earnings per share growth a year, 5 years18.4% · 91/100

AProfitabilityHighly profitable

Net profit margin31.1% · 100/100

Return on equity30% · 97/100

Return on capital, 10-year average38.0% · 100/100

AFinancial strengthRock solid

Net debt ÷ operating profitmore cash than debt · 96/100

Interest cover71× · 100/100

Current ratio (short-term assets ÷ debts)1.90 · 97/100

CValuationFairly priced

P/E against its own 10-year history18th percentile · 82/100

Free cash flow yield2.5% · 45/100

PEG (P/E ÷ growth)1.2 · 78/100

Our base-case value vs price−21% · 30/100

DMomentumFalling

Share price, last 12 months−12.4% · 29/100

Share price, last 3 months8.0% · 70/100

Price

−16.7% over 1Y

27 Oct 2026$625.12

Daily closing prices. Source: Twelve Data.

Bull vs bear

The numbers lean bullish (20 vs 4)

The bull case

A proven grower●●●

Revenue up 27.3% a year for 10 years.

Very high returns on capital●●●

Averages 38% after tax, a sign of a durable advantage (a 'moat').

Cheap against its own history●●●

P/E 21.3 vs a 10-year median of 27.1.

Profit per share compounding●●○

Earnings per share up 33.7% a year.

Growth is speeding up●●○

Revenue growth over the last 12 months (28%) is well above its 5-year average (19%).

Margins widening●●○

Operating margin up from 24.8% to 41.4% in three years.

The bear case

Heavy share-based pay●●○

$20.4bn in 2025: 10.2% of revenue, 44.3% of free cash flow. It's a real cost even though no cash leaves

Our cash-flow model says it's pricey●●○

Base case 21% below today's price.

Can you answer every bear point? Put your answers in your thesis under risks.

See the full picture on Meta Platforms, Inc.

Ten years of results, revenue by product and region, a management scorecard, bear/base/bull valuations, analyst targets, every SEC filing explained, and a thesis that checks itself after each report. Free.

Create a free account Already a member? Open META

Meta Platforms, Inc. (META)

Report card iLearn

Price

Bull vs bear iLearn

See the full picture on Meta Platforms, Inc.

Bull vs bear iLearn

Report card iLearn

Report card

Bull vs bear

Bull vs bear

Report card