FTNT:NGS-Fortinet Inc. (USD)

EQUITY | Software - Infrastructure | Nasdaq Global Select

Last Closing

USD 74.49

Change

-2.15 (-2.81)%

Market Cap

USD 5.39B

Volume

8.62M

Analyst Target

USD 139.36
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Fortinet Inc is provides cybersecurity solutions to enterprises, service providers and government organizations. It offers security products and solutions, providing customers with an end-to-end platform and a single source of threat intelligence.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-12 )

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ETFs Containing FTNT

CYBR:CA Evolve Cyber Security Ind.. 9.29 % 0.67 %

+0.12 (+-0.30%)

CAD 0.14B
USPY:LSE L&G Cyber Security UCITS .. 8.03 % 0.00 %

+0.20 (+-0.30%)

USD 2.26B
USPY:XETRA L&G Cyber Security UCITS .. 7.75 % 0.00 %

+0.22 (+-0.30%)

USD 2.62B
ISPY:SW L&G Cyber Security UCITS .. 7.75 % 0.00 %

+0.27 (+-0.30%)

USD 2.31B
ISPY:LSE L&G Cyber Security UCITS .. 7.70 % 0.00 %

+23.00 (+-0.30%)

USD 2.62B
BUG:LSE Global X Cybersecurity UC.. 6.67 % 0.00 %

+0.08 (+-0.30%)

USD 0.04B
BUG Global X Cybersecurity ET.. 6.66 % 0.00 %

+0.05 (+-0.30%)

USD 0.76B
BUG:XETRA Global X Cybersecurity UC.. 6.57 % 0.00 %

+0.07 (+-0.30%)

USD 0.02B
BUGG:AU Global X Cybersecurity ET.. 6.54 % 0.00 %

N/A

N/A
CYBR-B:CA Evolve Cyber Security Ind.. 6.50 % 0.00 %

+0.27 (+-0.30%)

N/A
CYBP:LSE Rize UCITS ICAV - Rize Cy.. 6.01 % 0.00 %

+4.40 (+-0.30%)

USD 0.11B
HACK Amplify ETF Trust 5.97 % 0.60 %

-0.15 (-0.30%)

USD 1.73B
BUL Pacer US Cash Cows Growth.. 5.96 % 0.00 %

+0.36 (+-0.30%)

USD 0.06B
RCRS:XETRA Rize UCITS ICAV - Rize Cy.. 5.91 % 0.00 %

+0.05 (+-0.30%)

USD 0.13B
RCRS:F Rize UCITS ICAV - Rize Cy.. 5.91 % 0.00 %

+0.04 (+-0.30%)

USD 0.13B
CBUG:CA CI Digital Security Index.. 5.71 % 0.00 %

+0.51 (+-0.30%)

CAD 2.54M
CYSE:LSE WisdomTree Cybersecurity .. 5.68 % 0.00 %

+18.60 (+-0.30%)

USD 0.18B
WCBR WisdomTree Cybersecurity .. 5.63 % 0.00 %

+0.01 (+-0.30%)

USD 0.10B
WCBR:LSE WisdomTree Cybersecurity .. 5.46 % 0.00 %

+0.18 (+-0.30%)

USD 0.18B
BUGU:SW Global X Cybersecurity UC.. 5.39 % 0.00 %

+0.08 (+-0.30%)

N/A
W1TB:XETRA WisdomTree Cybersecurity .. 5.39 % 0.00 %

+0.22 (+-0.30%)

USD 0.19B
PSWD Xtrackers Cybersecurity S.. 5.38 % 0.00 %

+0.24 (+-0.30%)

USD 6.15M
BUGG:LSE Global X Cybersecurity UC.. 5.24 % 0.00 %

+0.07 (+-0.30%)

N/A
CYBR:SW Rize UCITS ICAV - Rize Cy.. 4.85 % 0.00 %

+0.05 (+-0.30%)

N/A
ASWC:XETRA HANetf ICAV - Future of D.. 4.79 % 0.00 %

-0.09 (-0.30%)

USD 0.47B
XHAK:CA iShares Cybersecurity and.. 4.73 % 0.00 %

N/A

CAD 0.02B
IHAK iShares Cybersecurity and.. 4.72 % 0.00 %

+0.05 (+-0.30%)

USD 0.87B
CIBR:LSE First Trust Nasdaq Cybers.. 4.70 % 0.00 %

N/A

USD 0.70B
FCBR:LSE First Trust Nasdaq Cybers.. 4.70 % 0.00 %

+10.75 (+-0.30%)

USD 0.70B
USPY:F Legal & General UCITS ETF.. 4.69 % 0.00 %

+0.31 (+-0.30%)

N/A
HACK:AU Betashares Global Cyberse.. 4.55 % 0.00 %

-0.01 (-0.30%)

USD 0.94B
CIBR First Trust NASDAQ Cybers.. 4.54 % 0.00 %

-0.39 (-0.30%)

USD 6.69B
CBRS:XETRA First Trust Nasdaq Cybers.. 4.48 % 0.00 %

+0.08 (+-0.30%)

USD 0.43B
QTEC First Trust NASDAQ-100-Te.. 3.32 % 0.57 %

-0.32 (-0.30%)

USD 3.83B
RJMG First Trust Exchange-Trad.. 3.11 % 0.00 %

+0.01 (+-0.30%)

USD 6.56M
DATA:CA Evolve Cloud Computing In.. 2.91 % 0.00 %

+0.14 (+-0.30%)

CAD 0.02B
DATA-B:CA Evolve Cloud Computing In.. 2.91 % 0.00 %

N/A

CAD 0.02B
2B79:XETRA iShares Digitalisation UC.. 2.68 % 0.00 %

+0.10 (+-0.30%)

USD 1.01B
MOAT:AU VanEck Morningstar Wide M.. 2.64 % 0.00 %

-0.28 (-0.30%)

USD 0.94B
AQGX 2.61 % 0.00 %

N/A

N/A
2B79:F iShares Digitalisation UC.. 2.58 % 0.00 %

+0.05 (+-0.30%)

N/A
LQAI Exchange Listed Funds Tru.. 2.57 % 0.00 %

-0.04 (-0.30%)

USD 4.23M
MHOT:AU VanEck Morningstar Wide M.. 2.54 % 0.00 %

-0.19 (-0.30%)

N/A
EMOT First Trust Exchange-Trad.. 2.43 % 0.00 %

-0.06 (-0.30%)

N/A
RSPT Invesco S&P 500® Equal.. 1.85 % 0.00 %

+0.09 (+-0.30%)

USD 3.97B
IS4S:XETRA iShares Digital Security .. 1.81 % 0.00 %

+0.07 (+-0.30%)

USD 1.56B
L0CK:XETRA iShares Digital Security .. 1.81 % 0.00 %

+0.06 (+-0.30%)

USD 1.56B
LOCK:SW iShares Digital Security .. 1.81 % 0.00 %

+0.04 (+-0.30%)

N/A
DRUP:F Lyxor Index Fund - Lyxor .. 1.77 % 0.00 %

+0.12 (+-0.30%)

USD 0.18B
EDGE:CA Evolve Innovation Index F.. 1.60 % 0.60 %

N/A

CAD 0.04B
EDGE-U:CA Evolve Innovation Index F.. 1.60 % 0.00 %

N/A

N/A
IQCT:LSE Amundi Index Solutions - .. 1.48 % 0.00 %

+0.73 (+-0.30%)

USD 0.08B
AMEC:XETRA Amundi Index Solutions - .. 1.41 % 0.00 %

+0.49 (+-0.30%)

USD 9.60M
SCITY:SW Amundi Index Solutions - .. 1.41 % 0.00 %

+0.01 (+-0.30%)

USD 0.08B
QQEQ:CA Invesco NASDAQ 100 Equal .. 1.30 % 0.00 %

N/A

CAD 0.01B
QQEW First Trust NASDAQ-100 Eq.. 1.29 % 0.60 %

-0.11 (-0.30%)

USD 1.94B
PEXL Pacer US Export Leaders E.. 1.24 % 0.60 %

+0.22 (+-0.30%)

USD 0.07B
CHGX Change Finance Diversifie.. 1.18 % 0.64 %

-0.08 (-0.30%)

USD 0.13B
TRFM ETF Series Solutions - AA.. 0.93 % 0.00 %

+0.08 (+-0.30%)

USD 0.04B
XEWE:XETRA Xtrackers S&P 500 Equal W.. 0.42 % 0.00 %

+0.10 (+-0.30%)

USD 1.53B
ISPE:LSE iShares S&P 500 Equal Wei.. 0.24 % 0.00 %

+0.06 (+-0.30%)

USD 0.47B
JKH 0.00 % 0.30 %

N/A

N/A
PXLG Invesco S&P 500 GARP ETF 0.00 % 0.39 %

+1.05 (+-0.30%)

N/A
XKFS SPDR Kensho Future Securi.. 0.00 % 0.20 %

+0.11 (+-0.30%)

N/A
QGRO American Century U.S. Qua.. 0.00 % 0.00 %

+0.19 (+-0.30%)

USD 0.88B
CMUE:CA 0.00 % 0.00 %

N/A

N/A
GDAT 0.00 % 0.00 %

N/A

N/A
FITE SPDR S&P Kensho Future Se.. 0.00 % 0.20 %

+0.11 (+-0.30%)

USD 0.06B
CMUE-F:CA 0.00 % 0.00 %

N/A

N/A
SPDN Direxion Daily S&P 500® .. 0.00 % 0.45 %

-0.01 (-0.30%)

USD 0.18B
CYBR-U:CA 0.00 % 0.00 %

N/A

N/A
FEVR 0.00 % 0.00 %

N/A

N/A
LYFE 0.00 % 0.00 %

N/A

N/A
BBIG:CA 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Software - Infrastructure) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 27.27% 77% C+ 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 27.27% 76% C+ 85% B
Trailing 12 Months  
Capital Gain 18.05% 61% D- 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.05% 61% D- 70% C-
Trailing 5 Years  
Capital Gain 376.83% 95% A 96% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 376.83% 95% A 96% N/A
Average Annual (5 Year Horizon)  
Capital Gain 37.22% 82% B 86% B+
Dividend Return 37.22% 82% B 86% B+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 54.56% 40% F 33% F
Risk Adjusted Return 68.22% 91% A- 87% B+
Market Capitalization 5.39B 95% A 98% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Software - Infrastructure) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 44.85 37% 22%
Price/Book Ratio 201.21 1% 0%
Price / Cash Flow Ratio 30.37 19% 9%
Price/Free Cash Flow Ratio 33.32 23% 9%
Management Effectiveness  
Return on Equity 43.09% 97% 97%
Return on Invested Capital 177.31% 98% 98%
Return on Assets 11.60% 92% 96%
Debt to Equity Ratio -214.13% 87% 95%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.