FTNT:NSD-Fortinet, Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 197.62

Change

+1.04 (+0.53)%

Market Cap

USD 32.08B

Volume

0.57M

Average Target Price

USD 167.61 (-15.18%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. The company provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. The company was founded in 2000 and is headquartered in Sunnyvale, California.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

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ETFs Containing FTNT

Symbol Name Weight Mer Price(Change) Market Cap
CIBR First Trust NASDAQ Cybers.. 0.00 % 0.60 %

N/A

USD3.40B
FOUR:CA Horizons Industry 4.0 Ind.. 0.00 % 0.45 %

-0.19 (-0.39%)

USD0.01B
USPY:LSE L&G Cyber Security UCITS .. 0.00 % 0.75 %

-0.12 (-0.49%)

USD2.55B
IUSZ:LSE iShares Edge MSCI USA Siz.. 0.00 % 0.20 %

+0.03 (+0.33%)

USD0.13B
IUSF:LSE iShares Edge MSCI USA Siz.. 0.00 % 0.20 %

+2.63 (+0.39%)

USD0.13B
FITE SPDR S&P Kensho Future Se.. 0.00 % 0.45 %

-0.01 (-0.01%)

USD0.02B
SPGP Invesco S&P 500 GARP ETF 0.00 % 0.34 %

+0.78 (+0.94%)

USD0.28B
IHAK iShares Cybersecurity and.. 0.00 % 0.47 %

-0.04 (-0.10%)

USD0.40B
GDAT Goldman Sachs Data-Driven.. 0.00 % 0.50 %

N/A

USD0.05B
QGRO American Century U.S. Qua.. 0.00 % 0.29 %

+0.46 (+0.69%)

USD0.27B
HACK ETFMG Prime Cyber Securit.. 0.00 % 0.60 %

-0.28 (-0.50%)

USD2.09B
USLB Invesco Russell 1000 Low .. 0.00 % 0.35 %

N/A

USD8.83M
XKFS SPDR Kensho Future Securi.. 0.00 % 0.46 %

N/A

USD0.02B
CYBR:CA Evolve Cyber Security Ind.. 0.00 % 0.40 %

-0.04 (-0.09%)

USD0.07B
HTA:CA Harvest Tech Achievers Gr.. 0.00 % 0.85 %

N/A

USD0.15B
SPDN Direxion Daily S&P 500 Be.. 0.00 % 0.50 %

-0.14 (-0.84%)

USD0.14B
PXQ Invesco Dynamic Networkin.. 0.00 % 0.63 %

+0.26 (+0.30%)

USD0.05B
PXLG Invesco S&P 500 GARP ETF 0.00 % 0.35 %

N/A

USD0.26B
PKW Invesco BuyBack Achievers.. 0.00 % 0.62 %

+0.61 (+0.71%)

USD1.40B
USPY:XETRA L&G Cyber Security UCITS .. 0.00 % 0.75 %

-0.07 (-0.33%)

USD2.49B

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 33.05% 89% B+ 79% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 33.05% 89% B+ 79% C+
Trailing 12 Months  
Capital Gain 93.88% 66% D 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 93.88% 66% D 66% D
Trailing 5 Years  
Capital Gain 550.92% 88% B+ 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 550.92% 88% B+ 93% A
Average Annual (5 Year Horizon)  
Capital Gain 45.06% 75% C 86% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 45.06% 75% C 86% B
Risk Return Profile  
Volatility (Standard Deviation) 31.55% 60% D- 53% F
Risk Adjusted Return 142.81% 94% A 98% A+
Market Capitalization 32.08B 94% A 97% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 67.55 46% F 18% F
Price/Book Ratio 35.53 19% F 4% F
Price / Cash Flow Ratio 29.60 34% F 16% F
EV/EBITDA 51.00 30% F 21% F
Management Effectiveness  
Return on Equity 44.44% 98% A+ 98% A+
Return on Invested Capital 40.26% 96% A 96% A
Return on Assets 7.76% 92% A- 91% A-
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 3.27 39% F 35% F
Short Percent 4.40% 59% F 42% F
Beta 1.09 52% F 54% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.