Fortinet, Inc.

FTNT: NasdaqGS
64Total

Lowest reading is at 12 out of 100. All scores are out of 100.

About The Company

CEO

Mr. Ken Xie

Market Cap

127.27 Billion USD

Sector

Technology

Website

https://www.fortinet.com

Last Update

27/09/2026, 16:56:36

Description

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.

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Strongest readings

  • ✔Return on capital employed of 38.93% is above the market average of 10.00%
  • ✔Altman-Z score of 9.69 sits above the distress range
  • ✔Cashflow and earnings growth is strong (growth score 87 out of 100)
  • ✔Financial health is strong (health score 70 out of 100)
  • ✔Share count has been falling at 1.58% per year

Weakest readings

  • ✘Price-to-earnings of 60.9 is above the market average of 19.6
  • ✘Priced well above the cashflow it produces (value score 12 out of 100)

Key Figures

StatusMetricValueReadingMarket avg
✘
Price / earnings (TTM)
60.92x
19.60x
Margin of safety (DCF)
N/A17.95%
✔
Revenue growth (5y average)
20.09%
10.97%
✘
Dividend yield (TTM)
0.00%
1.85%
✔
Share count, per year
-1.58%
0.00%
✔Return on capital employed38.93%
10.00%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

Valuation

12 / 100

Priced above the market on most measures.

StatusMetricValueReadingMarket avg
✘
Price / earnings
60.92x
19.60x
Free cashflow yieldN/A4.70%
✘Price / earnings growth8.17x
1.50x
Price / book82.05x
—
Margin of safety
N/A17.95%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

  • ✘Estimated intrinsic value of N/A is below the current price of 173.46 USD

Desired Margin Of Safety

0%

▼

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Estimated Fair Value: 2.1 USD ✘

Current Price: 173.5 USD

How Does This Work?

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This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated fair value for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel for the impact this has on longterm investment returns and find a margin of safety you are comfortable with.

Growth

87 / 100

Growing faster than the market on most measures.

StatusMetricValueReadingMarket avg
✔
Revenue growth
20.09%
10.97%
✔Earnings growth36.11%
14.48%
Cashflow growthN/A12.35%

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

  • ✘Revenue growth has slowed this year (18.77% against a five year average of 20.09%)
  • ✘Earnings growth has slowed this year (12.62% against a five year average of 36.11%)

Health

70 / 100

Balance sheet covers its obligations.

Measured on Leverage and capital, Funding and liquidity, Earnings quality.

StatusMetricValueReadingThreshold
✔Altman-Z score9.69
3.00
✔Piotroski score6.00
5.00
✘Debt / equity0.81x
0.80x
✔Current ratio1.17x
1.00x
✔Interest coverage103.72x
2.50x
✘Free cashflow / debt0.00x
0.15x
✔Debt / capital0.45x
1.00x

The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

    Management

    88 / 100

    Returns on capital are at or above the market.

    StatusMetricValueReadingMarket avg
    ✔Return on equity149.77%
    15.00%
    ✔Return on capital employed38.93%
    10.00%
    Return on assets17.84%
    —
    Free cashflow return on capitalN/A—
    ✔Return on capital, 5y change14.24%
    0.00%
    ✔
    Share count, per year
    -1.58%
    0.00%
    ✔Share count, recent-3.20%
    0.00%
    ✔Realized buyback return43.71%
    0.00%
    ✔Goodwill erosion / equity0.12%
    2.00%
    Price volatility, 5 year43.27%
    —

    The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

    • ✘Shares were repurchased while the value score was only 12 out of 100

    Analysts

    not enough data
    StatusMetricValueReadingNeutral
    Analyst opinion scoreN/A50

    The bar shows how good a reading is, so a longer bar is always better. The tick marks the benchmark.

    Financial History

    Annual figures across the full reporting history we hold.

    Market Peers

    FTNT

    SEC Filings

    Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

    See 35+ Years Annual Reports

    Other Information

    Company Name

    Fortinet, Inc.

    Currency

    USD

    Beta

    1.059

    Vol Avg

    4917046

    Ceo

    Mr. Ken Xie

    Cik

    0001262039

    Cusip

    Exchange

    NasdaqGS

    Full Time Employees

    15472

    Industry

    Software - Infrastructure

    Sector

    Technology

    Ipo Date

    Address

    909 Kifer Road

    City

    Sunnyvale

    State

    CA

    Country

    United States

    Zip

    94086

    Phone

    408 235 7700

    Analysis Last Updated

    27/09/2026, 16:56:36

    Financial data compiled from SEC EDGAR filings and Yahoo Finance.

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