First Time Loading...

Fortinet Inc
NASDAQ:FTNT

Watchlist Manager
Fortinet Inc Logo
Fortinet Inc
NASDAQ:FTNT
Watchlist
Price: 64.03 USD -2.17% Market Closed
Updated: Apr 26, 2024
Section:
 

Relative Value

The Relative Value of one FTNT stock under the Base Case scenario is 68.48 USD. Compared to the current market price of 64.03 USD, Fortinet Inc is Undervalued by 7%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FTNT Relative Value
Base Case
68.48 USD
Undervaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

9.3
P/S
P/S
Price to Sales
9.3
vs History
53
vs Industry
12
Median 3Y
11.2
Median 5Y
9.6
Industry
2.2
Forward
8.3
More Details
42.8
P/E
P/E
Price to Earnings
42.8
vs History
74
vs Industry
15
Median 3Y
57.9
Median 5Y
52.8
Industry
24
Forward
36.7
More Details
25.4
P/OCF
P/OCF
Price to OCF
25.4
vs History
42
vs Industry
23
Median 3Y
27.8
Median 5Y
24.5
Industry
16.9
More Details
28.4
P/FCFE
P/FCFE
Price to FCFE
28.4
vs History
26
vs Industry
23
Median 3Y
28.4
Median 5Y
25.2
Industry
21.5
More Details
Negative
P/B
P/B
Price to Book Value
N/A
vs History
vs Industry
0
Median 3Y
42.3
Median 5Y
28.2
Industry
2.7
More Details
8.9
EV/S
EV/S
Enterprise Value to Sales
8.9
vs History
49
vs Industry
12
Median 3Y
10.6
Median 5Y
9.2
Industry
2.2
Forward
8
More Details
11.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.7
vs History
52
vs Industry
19
Median 3Y
14
Median 5Y
12.2
Industry
4.7
More Details
35.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
35.1
vs History
73
vs Industry
13
Median 3Y
46.1
Median 5Y
42.1
Industry
13
Forward
27.7
More Details
38.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
38.4
vs History
84
vs Industry
13
Median 3Y
51.9
Median 5Y
47.8
Industry
16.5
Forward
30.2
More Details
24.5
EV/OCF
EV/OCF
Enterprise Value to OCF
24.5
vs History
42
vs Industry
22
Median 3Y
26.8
Median 5Y
23.9
Industry
15.3
More Details
27.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
27.4
vs History
44
vs Industry
21
Median 3Y
32.2
Median 5Y
27.5
Industry
18.1
More Details
10.3
EV/IC
EV/IC
Enterprise Value to IC
10.3
vs History
63
vs Industry
9
Median 3Y
13.3
Median 5Y
11.4
Industry
2.3
More Details

Multiples Across Competitors

FTNT Competitors Multiples
Fortinet Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Fortinet Inc
NASDAQ:FTNT
48.9B USD 9.3 42.8 35.1 38.4
US
Microsoft Corp
NASDAQ:MSFT
2.9T USD 13 35.9 25 29.3
US
Oracle Corp
NYSE:ORCL
313.4B USD 6 29.7 17.8 24.9
US
ServiceNow Inc
NYSE:NOW
144.7B USD 16.3 84.7 106.7 185.4
US
Palo Alto Networks Inc
NASDAQ:PANW
92.8B USD 12.4 40.9 85 115
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
71.3B USD 23.6 806.9 441.1 6 732.1
US
VMware Inc
NYSE:VMW
61.5B USD 4.5 43.1 20 33.7
US
Zscaler Inc
NASDAQ:ZS
26.2B USD 13.8 -188.8 -207.7 -129.6
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
17.4B USD 7.2 20.6 16.8 17.7
US
NortonLifeLock Inc
NASDAQ:NLOK
14.5B USD 4.3 10.7 14.3 17.9
US
Gen Digital Inc
NASDAQ:GEN
13.1B USD 3.5 9.4 13.3 19.2

See Also

Summary
FTNT intrinsic value, competitors valuation, and company profile.
DCF Valuation
FTNT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FTNT stock valuation using valuation multiples.
Wall Street Estimates
FTNT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FTNT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Join more than 131,400+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.