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Fortinet Inc

FTNT | US

84.34

USD

1.58

1.91%

FTNT | US
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About Fortinet Inc

Sector

Technology

Industry

Software-Application

Earnings date

30/06/2024

As of date

24/04/2026

Close

84.34

Open

83.10

High

84.56

Low

82.50

Fortinet Inc. provides cybersecurity and networking solutions worldwide. 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 centralized network logging analyzing and reporting solutions. 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; FortiAuthenticator a zero trust access solution; FortiGate VM a network firewall virtual appliance; FortiToken product family for multi-factor authentication to safeguard systems assets and data; and FortiEDR/XDR an endpoint protection solution that provides both machine-learning anti-malware protection and remediation. It 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 incorporated in 2000 and is headquartered in Sunnyvale California.

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FTNT | US

Risk
40.7
Sharpe
-0.46
Luna's Score
55/100
Recommendation
Hold

Luna says (FTNT | US)

What's Working

Largecap (10B - 200B USD)

Low Debt to Asset (< 0.2)

Strong Operating Margin (> 25%)

Strong Revenue Growth (> 10%)

What's not Working

High Short-term Volatility

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Rich in Valuation (Price to Book > 8)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

46.8%

1 month

40.7%

3 months

38.6%

6 months

33.7%

Returns

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Fundamental Ratios

PE

47.97

Fwd. PE

35.09

Price to book

214.61

Debt to equity

3.45

Debt to assets

0.12

Ent. to EBITDA

35.12

Ent. to rev.

10.75

PEG

1.70

Other Fundamentals

EBITDA

1.56B

MarketCap

64.51B

MarketCap(USD)

64.51B

Div. yield

-

Op. margin

30.40

Erngs. growth

48.50

Rev. growth

10.90

Ret. on equity

43.09

Short ratio

2.80

Short perc.

2.06

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

11.63

Range1M

11.63

Range3M

14.29

Volumes: Market Activity

Volume Averages

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Rel. volume

0.99

Price X volume

486.78M

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA35.1236.63Par
Ent. to Revenue10.755.65Expensive
PE Ratio47.9750.43Par
Price to Book214.619.90Expensive
Dividend Yield-2.19-
Std. Deviation (3M)38.6556.70Lower Risk
Debt to Equity3.450.13Expensive
Debt to Assets0.120.22Cheaper
Market Cap64.51B15.48BMarket Leader
  • 1

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