Hi all
I have been looking at ANET and I have to say it’s very impressive. Their cloud numbers are insane and now hoping to penetrate further into the enterprise market.
Above all it’s the balance sheet that impresses me. Multiple digit Quick ratio, insignificant levels of debt, amazing ROA/ROIC.
That being said the price is quite high and it’s possibly justified.
As someone that works with the product, I’m really impressed by their software.
I guess would anyone buy at this price? I have a tough time getting the current closing price using a DCF.
Thanks a lot!
