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Fortinet Inc.

$001234567890012345678900123456789.0012345678900123456789+9.4%
52w low (est.) $126.29$204.91 52w high (est.)
Peers
Market data
Market cap
$115.40B
52-week range
$70.12 – $170.35
Beta (vs market)
1.09
Sector
Technology
Valuation
P/E ratio
61.1x
DCF fair value
$99.33
Margin of safety
-38.2%
Forward P/E
46.0x
PEG ratio
3.54
Quality & efficiency
Moat score
95/100
Return on equity
132.4%
Profit margin
27.5%
Debt / equity
0.57
Growth & analysts
Revenue growth (YoY)
+20.1%
Analyst target
$113.89
Target upside
-29.2%
Analysts covering
37

About Fortinet Inc.

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergence of networking and security; network firewall solutions comprising FortiGate data centers, hyperscale, and distributed firewalls; wireless local area network solutions; and secure connectivity solutions. In addition, the company offers the Fortinet Unified Secure Access Service Edge solutions that include firewall, software-defined wide-area network, secure web gateway, cloud access services broker, data loss prevention, and zero trust network access; and web application firewalls, cloud network security with virtualized firewalls, cloud-native firewalls, cloud-native application protection, and code security. Further, it provides AI-driven security operation solutions, which include a suite of cybersecurity solutions, as well as FortiEDR, FortiXDR, FortiNDR, FortiSandbox, FortiDeceptor, FortiDLP, and FortiRecon. Additionally, the company offers FortiGuard Labs, a cybersecurity threat intelligence and research organization; FortiGuard and Other Security Services, a suite of AI-powered security capabilities that consists of FortiGuard application, content, device, NOC/SOC, and web security services; and FortiCare technical support services. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Valuation

ValueGrowthProfitHealthIncome42QUALITY
Overall Rating
52
Hold
Hold
Moat Score95
DCF Intrinsic Value
$99.33-38.2% downside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
$115.40B
P/E Ratio
61.1
Dividend Yield
0.00%
Revenue Growth
+20.1%
Profit Margin
27.5%
ROE
132.4%
Debt / Equity
0.57
Beta
1.09
High GrowthMomentum
vs Technology sector:P/E 61 vs 53 Moat 95 vs 10Yield 0.00% vs 0.1%

Statistics

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Latest News · FTNT