Comprehensive Stock Comparison

Compare Netflix, Inc. (NFLX) vs Cineverse Corp. (CNVS) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthCNVS59.1% revenue growth vs NFLX's 15.9%
ValueCNVSLower P/E (18.8x vs 26.4x)
Quality / MarginsNFLX24.3% net margin vs CNVS's -16.7%
Stability / SafetyNFLXBeta 0.78 vs CNVS's 1.49
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)NFLX-16.5% vs CNVS's -18.0%
Efficiency (ROA)NFLX19.8% ROA vs CNVS's -13.4%, ROIC 29.8% vs 20.3%
Bottom line: NFLX leads in 4 of 7 categories, making it the stronger pick for investors who prioritize profitability and margin quality and capital preservation and lower volatility. Cineverse Corp. is the better choice for growth and revenue expansion and valuation and capital efficiency. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

NFLXNetflix, Inc.
Communication Services

Netflix is a global streaming entertainment service that offers original and licensed TV shows, movies, and documentaries. It generates revenue primarily through subscription fees — with three pricing tiers — and earns additional income from licensing its original content to other platforms. Its key advantage is its massive scale and data-driven content creation, which allows it to invest billions in programming that attracts and retains subscribers worldwide.

CNVSCineverse Corp.
Communication Services

Cineverse Corp. is a streaming technology and entertainment company that operates a portfolio of niche streaming channels and provides technology services to other streaming platforms. It generates revenue through a mix of subscription fees from its SVOD channels, advertising on its AVOD and FAST channels, and technology licensing fees to third-party streaming services. The company's competitive advantage lies in its proprietary streaming technology platform and its focus on underserved niche content categories — particularly genre films and enthusiast programming — which creates a defensible position in the fragmented streaming market.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

NFLXNetflix, Inc.
FY 2024
Streaming
100.0%$39.0B
CNVSCineverse Corp.

Segment breakdown not available.

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

NFLX 4CNVS 1
Financial MetricsNFLX5/6 metrics
Valuation MetricsCNVS5/5 metrics
Profitability & EfficiencyNFLX5/8 metrics
Total ReturnsNFLX5/6 metrics
Risk & VolatilityNFLX2/2 metrics
Analyst Outlook0/0 metrics

NFLX leads in 4 of 6 categories (Financial Metrics, Profitability & Efficiency). CNVS leads in 1 (Valuation Metrics).

Financial Metrics (TTM)

NFLX is the larger business by revenue, generating $45.2B annually — 816.5x CNVS's $55M. NFLX is the more profitable business, keeping 24.3% of every revenue dollar as net income compared to CNVS's -16.7%. On growth, NFLX holds the edge at +17.6% YoY revenue growth, suggesting stronger near-term business momentum.

MetricNFLXNetflix, Inc.CNVSCineverse Corp.
RevenueTrailing 12 months$45.2B$55M
EBITDAEarnings before interest/tax$30.1B-$2M
Net IncomeAfter-tax profit$11.0B-$9M
Free Cash FlowCash after capex$9.5B-$13M
Gross MarginGross profit ÷ Revenue+48.5%+53.9%
Operating MarginEBIT ÷ Revenue+29.5%-12.5%
Net MarginNet income ÷ Revenue+24.3%-16.7%
FCF MarginFCF ÷ Revenue+20.9%-22.8%
Rev. Growth (YoY)Latest quarter vs prior year+17.6%-60.0%
EPS Growth (YoY)Latest quarter vs prior year+31.1%-113.2%
NFLX leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

At 18.8x trailing earnings, CNVS trades at a 42% valuation discount to NFLX's 32.7x P/E. On an enterprise value basis, CNVS's 3.9x EV/EBITDA is more attractive than NFLX's 11.8x.

MetricNFLXNetflix, Inc.CNVSCineverse Corp.
Market CapShares × price$350.4B$59M
Enterprise ValueMkt cap + debt − cash$355.9B$45M
Trailing P/EPrice ÷ TTM EPS32.69x18.81x
Forward P/EPrice ÷ next-FY EPS est.26.43x
PEG RatioP/E ÷ EPS growth rate0.99x
EV / EBITDAEnterprise value multiple11.83x3.88x
Price / SalesMarket cap ÷ Revenue7.76x0.75x
Price / BookPrice ÷ Book value/share13.41x1.42x
Price / FCFMarket cap ÷ FCF37.04x3.63x
CNVS leads this category, winning 5 of 5 comparable metrics.

Profitability & Efficiency

NFLX delivers a 41.3% return on equity — every $100 of shareholder capital generates $41 in annual profit, vs $-24 for CNVS. CNVS carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to NFLX's 0.54x.

MetricNFLXNetflix, Inc.CNVSCineverse Corp.
ROE (TTM)Return on equity+41.3%-24.4%
ROA (TTM)Return on assets+19.8%-13.4%
ROICReturn on invested capital+29.8%+20.3%
ROCEReturn on capital employed+30.5%+22.3%
Piotroski ScoreFundamental quality 0–977
Debt / EquityFinancial leverage0.54x0.01x
Net DebtTotal debt minus cash$5.4B-$13M
Cash & Equiv.Liquid assets$9.0B$14M
Total DebtShort + long-term debt$14.5B$462,000
Interest CoverageEBIT ÷ Interest expense17.33x-4.16x
NFLX leads this category, winning 5 of 8 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in NFLX five years ago would be worth $15,346 today (with dividends reinvested), compared to $1,075 for CNVS. Over the past 12 months, NFLX leads with a -16.5% total return vs CNVS's -18.0%. The 3-year compound annual growth rate (CAGR) favors NFLX at 36.8% vs CNVS's -29.5% — a key indicator of consistent wealth creation.

MetricNFLXNetflix, Inc.CNVSCineverse Corp.
YTD ReturnYear-to-date-9.1%+43.3%
1-Year ReturnPast 12 months-16.5%-18.0%
3-Year ReturnCumulative with dividends+156.0%-65.0%
5-Year ReturnCumulative with dividends+53.5%-89.3%
10-Year ReturnCumulative with dividends+772.4%-94.2%
CAGR (3Y)Annualised 3-year return+36.8%-29.5%
NFLX leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

NFLX is the less volatile stock with a 0.78 beta — it tends to amplify market swings less than CNVS's 1.49 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NFLX currently trades 61.7% from its 52-week high vs CNVS's 40.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricNFLXNetflix, Inc.CNVSCineverse Corp.
Beta (5Y)Sensitivity to S&P 5000.78x1.49x
52-Week HighHighest price in past year$134.12$7.39
52-Week LowLowest price in past year$75.01$1.77
% of 52W HighCurrent price vs 52-week peak+61.7%+40.7%
RSI (14)Momentum oscillator 0–10040.666.7
Avg Volume (50D)Average daily shares traded41.3M238K
NFLX leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

MetricNFLXNetflix, Inc.CNVSCineverse Corp.
Analyst RatingConsensus buy/hold/sellBuy
Price TargetConsensus 12-month target$117.25
# AnalystsCovering analysts97
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap+2.6%+0.4%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockFeb 20Feb 26Change
Netflix, Inc. (NFLX)100218.25+118.2%
Cineverse Corp. (CNVS)10020-80.0%

Netflix, Inc. (NFLX) returned +53% over 5 years vs Cineverse Corp. (CNVS)'s -89%. A $10,000 investment in NFLX 5 years ago would be worth $15,346 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Netflix, Inc. (NFLX)$8.8B$45.2B+411.7%
Cineverse Corp. (CNVS)$104M$78M-25.1%

Netflix, Inc.'s revenue grew from $8.8B (2016) to $45.2B (2025) — a 19.9% CAGR. Cineverse Corp.'s revenue grew from $104M (2016) to $78M (2025) — a -3.2% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
Netflix, Inc. (NFLX)2.1%24.3%+1049.7%
Cineverse Corp. (CNVS)-40.0%4.6%+111.5%

Netflix, Inc.'s net margin went from 2% (2016) to 24% (2025). Cineverse Corp.'s net margin went from -40% (2016) to 5% (2025).

Chart 4P/E Ratio History — 9 Years

Stock20172025Change
Netflix, Inc. (NFLX)153.637.1-75.8%

Netflix, Inc. has traded in a 30x–154x P/E range over 9 years; current trailing P/E is ~33x.

Chart 5EPS Growth — 10 Years

Stock20162025Change
Netflix, Inc. (NFLX)0.042.53+5783.7%
Cineverse Corp. (CNVS)-130.20.16+100.1%

Netflix, Inc.'s EPS grew from $0.04 (2016) to $2.53 (2025) — a 57% CAGR. Cineverse Corp.'s EPS grew from $-130.20 (2016) to $0.16 (2025).

Chart 6Free Cash Flow — 5 Years

2021
$-132M
$-23M
2022
$2B
$4M
2023
$7B
$-10M
2024
$7B
$-12M
2025
$9B
$16M
Netflix, Inc. (NFLX)Cineverse Corp. (CNVS)

Netflix, Inc. generated $9B FCF in 2025 (+7269% vs 2021). Cineverse Corp. generated $16M FCF in 2025 (+172% vs 2021).

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NFLX vs CNVS: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is NFLX or CNVS a better buy right now?

Cineverse Corp. (CNVS) offers the better valuation at 18.8x trailing P/E, making it the more compelling value choice. Analysts rate Netflix, Inc. (NFLX) a "Buy" — based on 97 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — NFLX or CNVS?

On trailing P/E, Cineverse Corp. (CNVS) is the cheapest at 18.8x versus Netflix, Inc. at 32.7x.

03

Which is the better long-term investment — NFLX or CNVS?

Over the past 5 years, Netflix, Inc. (NFLX) delivered a total return of +53.5%, compared to -89.3% for Cineverse Corp. (CNVS). A $10,000 investment in NFLX five years ago would be worth approximately $15K today (assuming dividends reinvested). Over 10 years, the gap is even starker: NFLX returned +772.4% versus CNVS's -94.2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — NFLX or CNVS?

By beta (market sensitivity over 5 years), Netflix, Inc. (NFLX) is the lower-risk stock at 0.78β versus Cineverse Corp.'s 1.49β — meaning CNVS is approximately 92% more volatile than NFLX relative to the S&P 500. On balance sheet safety, Cineverse Corp. (CNVS) carries a lower debt/equity ratio of 1% versus 54% for Netflix, Inc. — giving it more financial flexibility in a downturn.

05

Which has better profit margins — NFLX or CNVS?

Netflix, Inc. (NFLX) is the more profitable company, earning 24.3% net margin versus 4.6% for Cineverse Corp. — meaning it keeps 24.3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NFLX leads at 29.5% versus 10.1% for CNVS. At the gross margin level — before operating expenses — CNVS leads at 50.4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Which pays a better dividend — NFLX or CNVS?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

07

Is NFLX or CNVS better for a retirement portfolio?

For long-horizon retirement investors, Netflix, Inc. (NFLX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.78), +772.4% 10Y return). Both have compounded well over 10 years (NFLX: +772.4%, CNVS: -94.2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between NFLX and CNVS?

Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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NFLX

High-Growth Quality Leader

  • Sector: Communication Services
  • Market Cap > $100B
  • Revenue Growth > 8%
  • Net Margin > 14%
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CNVS

Quality Business

  • Sector: Communication Services
  • Market Cap > $100B
  • Gross Margin > 32%
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Better Than Both

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Revenue Growth>
%
(NFLX: 17.6% · CNVS: -60.0%)
P/E Ratio<
x
(NFLX: 32.7x · CNVS: 18.8x)