- $50.70bn
- $49.26bn
- $5.30bn
- 99
- 25
- 85
- 79
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 37.37 | ||
| PEG Ratio (f) | 2.63 | ||
| EPS Growth (f) | 16.57% | ||
| Dividend Yield (f) | n/a | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | n/a | ||
| Price to Tang. Book | n/a | ||
| Price to Free Cashflow | 29.28 | ||
| Price to Sales | 9.56 | ||
| EV to EBITDA | 36.36 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 35.06% | ||
| Return on Equity | n/a | ||
| Operating Margin | 23.4% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 2,163 | 2,594.4 | 3,342.2 | 4,417.4 | 5,304.8 | 5,783.11 | 6,561.1 | 24.11% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | -9.18 | +43.01 | +32.52 | +46.91 | +37.01 | +17.99 | +13.55 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Fortinet, Inc. provides an integrated platform, the Fortinet Security Fabric, that spans networking, unified Secure Access Service Edge (SASE) and AI-driven security operations to deliver cybersecurity where customers need it. It offers solutions to enterprises, such as in the financial services, retail and operational technology market verticals, communication and security service providers, government organizations and small and medium-sized businesses. Its Secure Networking solutions focuses on the convergence of networking and security via its network firewall and its switches, access points and other secure connectivity solutions. Its Unified SASE solution is a single-vendor SASE solution that includes Firewall, SD-WAN, Secure Web Gateway, Cloud Access Services Broker, and Data Loss Prevention, Zero Trust Network Access and cloud security. Its Security Operations solutions are delivered as a platform that automates detection and response to accelerate discovery and remediation.
Directors
- Ken Xie CHM (58)
- Michael Xie PRE (52)
- Keith Jensen CFO (62)
- John Whittle EVP (53)
- William Neukom LED (79)
- Admiral Stavridis DRC
- Kelly Ducourty IND (46)
- Kenneth Goldman IND (71)
- Ming Hsieh IND (65)
- Jean Hu IND (57)
- Judith Sim IND (53)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- November 28th, 2000
- Public Since
- November 18th, 2009
- No. of Shareholders
- 45
- No. of Employees
- 13,568
- Sector
- Software & IT Services
- Industry
- Technology
- Exchange
NASDAQ Global Select Market- Shares in Issue
- 763,030,948
- Address
- 909 Kifer Road, SUNNYVALE, 94086
- Web
- https://www.fortinet.com/
- Phone
- +1 4082357700
- Auditors
- Deloitte & Touche LLP
Latest News for FTNT
Upcoming Events for FTNT
Q1 2024 Fortinet Inc Earnings Release
Q1 2024 Fortinet Inc Earnings Call
Fortinet Inc Annual Shareholders Meeting
Q2 2024 Fortinet Inc Earnings Release
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FAQ
As of Today at 19:08 UTC, shares in Fortinet are trading at $66.45. This share price information is delayed by 15 minutes.
Shares in Fortinet last closed at $66.45 and the price had moved by -2.84% over the past 365 days. In terms of relative price strength the Fortinet share price has underperformed the S&P500 Index by -21.53% over the past year.
The overall consensus recommendation for Fortinet is Hold. You can view the full broker recommendation list by unlocking its StockReport.
Fortinet does not currently pay a dividend.
Fortinet does not currently pay a dividend.
Fortinet does not currently pay a dividend.
To buy shares in Fortinet you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of $66.45, shares in Fortinet had a market capitalisation of $50.70bn.
Here are the trading details for Fortinet:
- Country of listing: United States
- Exchange: NSQ
- Ticker Symbol: FTNT
Based on an overall assessment of its quality, value and momentum Fortinet is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Fortinet is $75.60. That is 13.77% above the last closing price of $66.45.
Analysts covering Fortinet currently have a consensus Earnings Per Share (EPS) forecast of $1.71 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortinet. Over the past six months, its share price has underperformed the S&P500 Index by -1.79%.
As of the last closing price of $66.45, shares in Fortinet were trading +5.26% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Fortinet PE ratio based on its reported earnings over the past 12 months is 37.37. The shares last closed at $66.45.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Fortinet's management team is headed by:
- Ken Xie - CHM
- Michael Xie - PRE
- Keith Jensen - CFO
- John Whittle - EVP
- William Neukom - LED
- Admiral Stavridis - DRC
- Kelly Ducourty - IND
- Kenneth Goldman - IND
- Ming Hsieh - IND
- Jean Hu - IND
- Judith Sim - IND