Yahoo Finance analysis indicates that Meta Platforms (META) is currently trading at approximately $653, 16% below its 52-week high. Its price-to-operating cash flow ratio is 11.3x, lower than the S&P 500's 15.2x. Despite Meta's revenue growth of 28% and operating cash flow accounting for 57.1% of revenue over the past 12 months, its substantial capital expenditure plan is the primary reason for the valuation discount. Management projects capital expenditures to reach $130 billion to $145 billion in 2026, nearly matching its operating cash flow over the past 12 months.