Meta Platforms
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally. It operates …
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through Instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Meta AI, an assistant that's available across apps, as a stand-alone app, on AI glasses, and on the web; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact. The RL segment provides virtual and augmented reality products, including consumer hardware, software, and content that help people feel connected, as well as Meta Quest devices that enable social experiences across gaming, fitness, entertainment, and more. The segment also includes wearables such as AI glasses like Ray Ban Meta and Oakley Meta glasses; and the Meta Ray Ban Display, which combines AI glasses with an integrated lens display and the Meta Neural Band, a wrist worn device using electromyography that lets people control their AI glasses through neuromuscular signals. Meta Platforms, Inc. has a collaboration with Microsoft Corporation, NVIDIA Corporation, Advanced Micro Devices, Inc., Broadcom Inc., and OpenAI, L.L.C. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.Looks overvalued
5-year outlook: Not shown because confidence is low: Free-cash-flow DCF disagrees strongly.
Why: Cash-flow models land far below the price for this high-growth company, so it is valued on revenue at the multiple similar-growth peers in its sector trade at.
Details and the full model are below.
Market price above modeled range
Showing the EPS-based Gordon proxy you selected on the company card, using 16.12% growth, 2.9% terminal growth and 10.4% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.
Assumptions: growth 16.12%, discount rate 10.40%, terminal growth 2.90% (sector defaults). See a worked example.
Blended growth assumption: 16.1% (sector default 7.0%, own revenue history 14.3%, analyst revenue consensus 21.6%).
Analyst consensus expects revenue growth of 21.6% a year; the growth assumption used is 16.1%.
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Why this model: Cash-flow models land far below the price for this high-growth company, so it is valued on revenue at the multiple similar-growth peers in its sector trade at.
Compare models- Recommended: Peer EV/Sales (growth peers) — USD 670.71 (+9.0%)
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EPS-based Gordon proxy
— USD 401.25 (-34.8%)
Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
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DCF (trailing free cash flow)
— USD 250.09 (-59.3%)
Not used: Not chosen: Peer EV/Sales (growth peers) ranks ahead of it for this company.
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FCFF (steady state)
— USD 141.25 (-77.0%)
Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
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EV/EBITDA (12x)
— USD 486.25 (-20.9%)
Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
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Fade DCF (10-year growth fade)
— USD 247.07 (-59.8%)
Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
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EV/Sales (Rule of 40)
— USD 1120.83 (+82.2%)
Not used: Used only when cash-flow models land far below the price; here they do not.
| Bear USD 313.70 | -96.1% |
| Base USD 401.25 | -53.3% |
| Bull USD 462.98 | -32.9% |
Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.
Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.
Price history and fair value
No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.
More detail: quality, peers, price history, dividends and financials
Quality score: 100 / 100
Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.
| Profitability | 5 of 5 years profitable | 20 / 20 |
| Cash generation | free cash flow positive in 5 of 5 years | 20 / 20 |
| Growth | revenue +20.0% a year | 20 / 20 |
| Balance sheet | net debt 0.3x EBITDA | 20 / 20 |
| Margins | EBITDA margin 44% | 20 / 20 |
Peers in Communication Services
Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.
| Company | Price | Margin of safety | P/E | P/B | Yield | Quality |
|---|---|---|---|---|---|---|
| META (this company) | USD 615.09 | 8.3% | 21.0 | 5.8 | 0.3% | 100 |
| VOD.L Vodafone Group Public Limited Company | GBP 1.14 | 43.5% | – | 0.6 | 3.3% | 66 |
| PUB.PA Publicis Groupe S.A. | EUR 102.40 | 42.1% | 15.7 | 2.5 | 3.5% | 90 |
| CMCSA Comcast | USD 24.23 | 40.8% | 7.6 | 0.9 | 5.6% | 82 |
| TEF.MC Telefonica, S.A. | EUR 3.34 | 34.2% | – | – | 9.0% | 59 |
| INF.L Informa plc | GBP 8.40 | 23.0% | – | 1.9 | 2.4% | 66 |
| SONY Sony Group Corporation | USD 26.66 | 22.1% | – | – | – | 82 |
| EMBRAC-B.ST Embracer Group AB | SEK 95.20 | 18.7% | – | 1.0 | – | 56 |
| GOOG Alphabet Inc. (Class C) | USD 286.13 | 10.4% | 15.0 | 5.2 | 0.3% | 100 |
| Peer median | 15.0 | 1.5 | ||||
Dividends
Paid in the last 12 months: USD 2.10 per share · yield 0.34% at the current price.
| Year | Dividends per share |
|---|---|
| 2026 (so far) | 1.575 |
| 2025 | 2.100 |
| 2024 | 2.000 |
Trailing 12-month financials
TTM through 30 Sep 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 12:55
| Revenue | USD 241,607,000,000 |
|---|---|
| EBITDA | USD 106,730,000,000 |
| EBIT | USD 81,810,000,000 |
| Net income | USD 75,249,000,000 |
| Free cash flow | USD 28,650,000,000 |
| Capital expenditures | USD 104,438,000,000 |
| Debt | USD 112,095,000,000 |
| Cash | USD 82,449,000,000 |
| Working capital | USD 56,889,000,000 |
| Shares outstanding | 2,573,000,000 |
| Reported dividends per share | USD 2.0979 |