Walt Disney or Netflix: which stock is cheaper in 2026?
As of October 5, 2026, Walt Disney (DIS) trades at 21.1× earnings (P/E) and Netflix (NFLX) at 21.1×, according to Kaplio. The median across the 66 communication companies above $2bn in Kaplio's universe is 17.8×. Kaplio's verdict: Walt Disney, fairly priced; Netflix, fairly priced. Value range by multiples: $86–$105 for Walt Disney and $57–$199 for Netflix. Against its own value range, Netflix is the cheaper of the two today.
According to the Kaplio Summary
The same verdict as each company's page: price range by multiples, the four lights, the expected return if consensus is right and what Buffett and Lynch would say today.
| Walt Disney (DIS) | Netflix (NFLX) | |
|---|---|---|
| Summary valuation | fairly priced ($86–$105) | fairly priced ($57–$199) |
| The four lights | Valuation: P/E 21.1× (fairly priced) Business: EBITDA margin 20.3 % (passes, near the threshold) Balance sheet: Net debt/EBITDA 2.1× (solid) Results: 8 of 8 (on track) | Valuation: P/E 21.1× (fairly priced) Business: EBITDA margin 67.0 % (excellent) Balance sheet: Net debt/EBITDA 0.2× (solid) Results: 7 of 8 (on track) |
| Expected return (per year) | +26.3 % a year (to 2029) | +19.6 % a year (to 2028) |
| Buffett method | outside his circle | outside his circle |
| Lynch method | fast grower · would wait | fast grower · approves |
Metrics side by side
| Metric | Walt Disney (DIS) | Netflix (NFLX) |
|---|---|---|
| Overview | ||
| Market Cap | $177B | $279B |
| Price | $102.19 | $67.06 |
| Valuation | ||
| P/E | 21.1× | 21.1× |
| P/B | 1.6× | 9.3× |
| P/S | 1.8× | 5.8× |
| EV/EBITDA | 9.4× | 9.3× |
| FCF Yield | 4.7 % | 3.9 % |
| Dividend Yield | 1.5 % | 0.0 % |
| Profitability | ||
| ROIC | 6.4 % | 24.3 % |
| ROE | 7.9 % | 48.0 % |
| Gross Margin | 37.6 % | 49.1 % |
| Operating Margin | 16.0 % | 29.7 % |
| Net Margin | 8.7 % | 28.2 % |
| Growth | ||
| Revenue 5Y CAGR | 7.6 % | 12.6 % |
| EPS 5Y CAGR | — | 32.6 % |
| FCF 5Y CAGR | 22.9 % | 37.4 % |
| Balance Sheet | ||
| Net Debt / EBITDA | 2.1× | 0.2× |
| Debt / Equity | 0.4× | 0.5× |
Trailing twelve months where available; otherwise the latest fiscal year. Growth: five-year compound annual rate.