FASTLY INC - CLASS A (FSLY) Fundamental Analysis & Valuation

NASDAQ:FSLY • US31188V1008

20.14 USD
-0.3 (-1.47%)
At close: Mar 6, 2026
19.8 USD
-0.34 (-1.69%)
After Hours: 3/6/2026, 10:22:41 PM

This FSLY fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

FSLY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 86 industry peers in the IT Services industry. FSLY scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. FSLY is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. FSLY Profitability Analysis

1.1 Basic Checks

  • FSLY had positive earnings in the past year.
  • FSLY had a positive operating cash flow in the past year.
  • In the past 5 years FSLY always reported negative net income.
  • In multiple years FSLY reported negative operating cash flow during the last 5 years.
FSLY Yearly Net Income VS EBIT VS OCF VS FCFFSLY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100M -200M

1.2 Ratios

  • FSLY has a Return On Assets of -8.11%. This is in the lower half of the industry: FSLY underperforms 66.28% of its industry peers.
  • The Return On Equity of FSLY (-13.09%) is worse than 61.63% of its industry peers.
Industry RankSector Rank
ROA -8.11%
ROE -13.09%
ROIC N/A
ROA(3y)-9.24%
ROA(5y)-9.62%
ROE(3y)-14.35%
ROE(5y)-17%
ROIC(3y)N/A
ROIC(5y)N/A
FSLY Yearly ROA, ROE, ROICFSLY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 2025 -10 -20 -30 -40

1.3 Margins

  • FSLY has a better Gross Margin (57.08%) than 79.07% of its industry peers.
  • FSLY's Gross Margin has been stable in the last couple of years.
  • FSLY does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 57.08%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.59%
GM growth 5Y-0.57%
FSLY Yearly Profit, Operating, Gross MarginsFSLY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 -60

5

2. FSLY Health Analysis

2.1 Basic Checks

  • FSLY does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for FSLY has been increased compared to 1 year ago.
  • Compared to 5 years ago, FSLY has more shares outstanding
  • FSLY has a worse debt/assets ratio than last year.
FSLY Yearly Shares OutstandingFSLY Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
FSLY Yearly Total Debt VS Total AssetsFSLY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 2.58 indicates that FSLY is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of FSLY (2.58) is comparable to the rest of the industry.
  • The Debt to FCF ratio of FSLY is 7.52, which is on the high side as it means it would take FSLY, 7.52 years of fcf income to pay off all of its debts.
  • FSLY's Debt to FCF ratio of 7.52 is in line compared to the rest of the industry. FSLY outperforms 48.84% of its industry peers.
  • A Debt/Equity ratio of 0.35 indicates that FSLY is not too dependend on debt financing.
  • FSLY's Debt to Equity ratio of 0.35 is in line compared to the rest of the industry. FSLY outperforms 52.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 7.52
Altman-Z 2.58
ROIC/WACCN/A
WACC8.89%
FSLY Yearly LT Debt VS Equity VS FCFFSLY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • FSLY has a Current Ratio of 2.61. This indicates that FSLY is financially healthy and has no problem in meeting its short term obligations.
  • FSLY's Current ratio of 2.61 is fine compared to the rest of the industry. FSLY outperforms 73.26% of its industry peers.
  • A Quick Ratio of 2.61 indicates that FSLY has no problem at all paying its short term obligations.
  • FSLY has a Quick ratio of 2.61. This is in the better half of the industry: FSLY outperforms 73.26% of its industry peers.
Industry RankSector Rank
Current Ratio 2.61
Quick Ratio 2.61
FSLY Yearly Current Assets VS Current LiabilitesFSLY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

4

3. FSLY Growth Analysis

3.1 Past

  • FSLY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 184.62%, which is quite impressive.
  • The Revenue has grown by 14.78% in the past year. This is quite good.
  • FSLY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.49% yearly.
EPS 1Y (TTM)184.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
Revenue 1Y (TTM)14.78%
Revenue growth 3Y12.98%
Revenue growth 5Y16.49%
Sales Q2Q%22.79%

3.2 Future

  • FSLY is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -20.65% yearly.
  • FSLY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.74% yearly.
EPS Next Y26.11%
EPS Next 2Y35.16%
EPS Next 3Y16.38%
EPS Next 5Y-20.65%
Revenue Next Year15.33%
Revenue Next 2Y13.31%
Revenue Next 3Y11.75%
Revenue Next 5Y7.74%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
FSLY Yearly Revenue VS EstimatesFSLY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 200M 400M 600M 800M 1B
FSLY Yearly EPS VS EstimatesFSLY Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 0.2 -0.2 -0.4 -0.6

1

4. FSLY Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 183.09, FSLY can be considered very expensive at the moment.
  • FSLY's Price/Earnings is on the same level as the industry average.
  • The average S&P500 Price/Earnings ratio is at 26.29. FSLY is valued rather expensively when compared to this.
  • Based on the Price/Forward Earnings ratio of 145.18, the valuation of FSLY can be described as expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FSLY is on the same level as its industry peers.
  • FSLY's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.57.
Industry RankSector Rank
PE 183.09
Fwd PE 145.18
FSLY Price Earnings VS Forward Price EarningsFSLY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • FSLY's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 62.56
EV/EBITDA N/A
FSLY Per share dataFSLY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • FSLY's earnings are expected to grow with 16.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)7.01
PEG (5Y)N/A
EPS Next 2Y35.16%
EPS Next 3Y16.38%

0

5. FSLY Dividend Analysis

5.1 Amount

  • FSLY does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

FSLY Fundamentals: All Metrics, Ratios and Statistics

FASTLY INC - CLASS A

NASDAQ:FSLY (3/6/2026, 10:22:41 PM)

After market: 19.8 -0.34 (-1.69%)

20.14

-0.3 (-1.47%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)02-11
Earnings (Next)05-05
Inst Owners73.26%
Inst Owner Change9.33%
Ins Owners5.97%
Ins Owner Change-9.87%
Market Cap3.01B
Revenue(TTM)624.02M
Net Income(TTM)-121.68M
Analysts70
Price Target12.53 (-37.79%)
Short Float %12.29%
Short Ratio1.82
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.87%
Min Revenue beat(2)2.87%
Max Revenue beat(2)4.87%
Revenue beat(4)4
Avg Revenue beat(4)2.76%
Min Revenue beat(4)0.65%
Max Revenue beat(4)4.87%
Revenue beat(8)5
Avg Revenue beat(8)1.21%
Revenue beat(12)6
Avg Revenue beat(12)0.48%
Revenue beat(16)9
Avg Revenue beat(16)0.7%
PT rev (1m)9.55%
PT rev (3m)17.94%
EPS NQ rev (1m)387.89%
EPS NQ rev (3m)1081.83%
EPS NY rev (1m)0%
EPS NY rev (3m)370.75%
Revenue NQ rev (1m)7.64%
Revenue NQ rev (3m)7.64%
Revenue NY rev (1m)5.82%
Revenue NY rev (3m)10.51%
Valuation
Industry RankSector Rank
PE 183.09
Fwd PE 145.18
P/S 4.82
P/FCF 62.56
P/OCF 31.86
P/B 3.24
P/tB 12.89
EV/EBITDA N/A
EPS(TTM)0.11
EY0.55%
EPS(NY)0.14
Fwd EY0.69%
FCF(TTM)0.32
FCFY1.6%
OCF(TTM)0.63
OCFY3.14%
SpS4.18
BVpS6.22
TBVpS1.56
PEG (NY)7.01
PEG (5Y)N/A
Graham Number3.92
Profitability
Industry RankSector Rank
ROA -8.11%
ROE -13.09%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 57.08%
FCFM 7.71%
ROA(3y)-9.24%
ROA(5y)-9.62%
ROE(3y)-14.35%
ROE(5y)-17%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.59%
GM growth 5Y-0.57%
F-Score6
Asset Turnover0.42
Health
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 7.52
Debt/EBITDA N/A
Cap/Depr 59.54%
Cap/Sales 7.43%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.61
Quick Ratio 2.61
Altman-Z 2.58
F-Score6
WACC8.89%
ROIC/WACCN/A
Cap/Depr(3y)51.63%
Cap/Depr(5y)76.09%
Cap/Sales(3y)6.88%
Cap/Sales(5y)10.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)184.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
EPS Next Y26.11%
EPS Next 2Y35.16%
EPS Next 3Y16.38%
EPS Next 5Y-20.65%
Revenue 1Y (TTM)14.78%
Revenue growth 3Y12.98%
Revenue growth 5Y16.49%
Sales Q2Q%22.79%
Revenue Next Year15.33%
Revenue Next 2Y13.31%
Revenue Next 3Y11.75%
Revenue Next 5Y7.74%
EBIT growth 1Y23.02%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1090.02%
EBIT Next 3Y168.52%
EBIT Next 5Y88.32%
FCF growth 1Y331.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y475.67%
OCF growth 3YN/A
OCF growth 5YN/A

FASTLY INC - CLASS A / FSLY FAQ

What is the ChartMill fundamental rating of FASTLY INC - CLASS A (FSLY) stock?

ChartMill assigns a fundamental rating of 3 / 10 to FSLY.


Can you provide the valuation status for FASTLY INC - CLASS A?

ChartMill assigns a valuation rating of 1 / 10 to FASTLY INC - CLASS A (FSLY). This can be considered as Overvalued.


How profitable is FASTLY INC - CLASS A (FSLY) stock?

FASTLY INC - CLASS A (FSLY) has a profitability rating of 2 / 10.


What is the financial health of FASTLY INC - CLASS A (FSLY) stock?

The financial health rating of FASTLY INC - CLASS A (FSLY) is 5 / 10.


What is the expected EPS growth for FASTLY INC - CLASS A (FSLY) stock?

The Earnings per Share (EPS) of FASTLY INC - CLASS A (FSLY) is expected to grow by 26.11% in the next year.