Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world.

Financial Strength

7/10

Name	Current	Vs Industry
Cash-To-Debt	3.05
Equity-to-Asset	-0.02
Debt-to-Equity	-7.22
Debt-to-EBITDA	0.65
Interest Coverage	60.92
Piotroski F-Score	7/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	4.6	Distress Grey Safe
Beneish M-Score	-3.03	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

10/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	29.6
	3-Year EBITDA Growth Rate	36.8
	3-Year EPS without NRI Growth Rate	44.8
	3-Year FCF Growth Rate	24.3
	Future 3-5Y EPS without NRI Growth Rate	14.33
	Future 3-5Y Total Revenue Growth Rate	14.75

Momentum Rank

5/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	24.94
	9-Day RSI	30.26
	14-Day RSI	32.78

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.2
	Quick Ratio	1.08
	Cash Ratio	0.8
	Days Inventory	122.49
	Days Sales Outstanding	75.46
	Days Payable	63.3

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	3-Year Average Share Buyback Ratio	2.2
	Shareholder Yield %	-0.08

Profitability Rank

10/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	77.13
	Operating Margin %	23.82
	Net Margin %	22.23
	FCF Margin %	31.37
	ROE %	Neg. Equity
	ROA %	16.33
	ROIC %	20.87
	ROC (Joel Greenblatt) %	134.74
	ROCE %	37.5
	Years of Profitability over Past 10-Year	10

GF Value Rank

10/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	38.48
	Forward PE Ratio	36.93
	PE Ratio without NRI	34.86
	Shiller PE Ratio	107.18
	Price-to-Owner-Earnings	33.61
	PEG Ratio	0.88
	PS Ratio	8.53
	Price-to-Free-Cash-Flow	27.23
	Price-to-Operating-Cash-Flow	22.05
	EV-to-EBIT	30.46
	EV-to-Forward-EBIT	28.09
	EV-to-EBITDA	28.17
	EV-to-Forward-EBITDA	25.15
	EV-to-Revenue	7.95
	EV-to-Forward-Revenue	7.43
	EV-to-FCF	25.35
	Price-to-Projected-FCF	2.65
	Price-to-DCF (Earnings Based)	1.12
	Price-to-DCF (FCF Based)	0.87
	Price-to-Median-PS-Value	1.03
	Price-to-Peter-Lynch-Fair-Value	1.4
	Earnings Yield (Greenblatt) %	3.28
	FCF Yield %	3.77
	Forward Rate of Return (Yacktman) %	22.65

Financials (Next Earnings Date:2024-08-02 Est.)

Annual Quarterly TTM

LTS:0IR9's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

See Details

Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Fortinet Inc Executives

Details

GF Value: $89.47

LTS:0IR9

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 1 Severe warning sign with 0IR9. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	5,395.8
	EPS (TTM) ($)	1.53
	Beta	0.27
	Volatility %	2.01
	14-Day RSI	32.78
	14-Day ATR ($)	0.650053
	20-Day SMA ($)	62.8305
	12-1 Month Momentum %	0
	52-Week Range ($)	59.396 - 65.1028
	Shares Outstanding (Mil)	763.33

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	7
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Fortinet Inc Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Fortinet Inc Stock Events

Financials Calendars

	Event	Date	Price($)
No Event Data

Fortinet Inc Frequently Asked Questions

What is Fortinet Inc(LTS:0IR9)'s stock price today?

The current price of LTS:0IR9 is $61.10. The 52 week high of LTS:0IR9 is $65.10 and 52 week low is $59.40.

When is next earnings date of Fortinet Inc(LTS:0IR9)?

The next earnings date of Fortinet Inc(LTS:0IR9) is 2024-08-02 Est..

Does Fortinet Inc(LTS:0IR9) pay dividends? If so, how much?

Fortinet Inc(LTS:0IR9) does not pay dividend.

Press Release

	Subject	Date
No Press Release

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