FTNT:NGS-Fortinet Inc. (USD)

EQUITY | Software - Infrastructure | Nasdaq Global Select

Last Closing

USD 102.84

Change

-1.95 (-1.86)%

Market Cap

USD 5.39B

Volume

4.42M

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: 2025-05-21 )

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ETFs Containing FTNT

BUG:LSE Global X Cybersecurity UC.. 7.16 % 0.00 %

+0.05 (+0.04%)

USD 0.05B
BUG:XETRA Global X Cybersecurity UC.. 7.09 % 0.00 %

+0.11 (+0.04%)

USD 0.02B
BUGG:AU Global X Cybersecurity ET.. 7.08 % 0.00 %

-0.18 (0.04%)

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

-0.28 (0.04%)

N/A
ISPY:SW L&G Cyber Security UCITS .. 5.66 % 0.00 %

+0.32 (+0.04%)

USD 2.54B
BUGU:SW Global X Cybersecurity UC.. 5.39 % 0.00 %

+0.09 (+0.04%)

N/A
CBUG:CA CI Digital Security Index.. 5.28 % 0.00 %

-0.10 (0.04%)

CAD 2.80M
BUGG:LSE Global X Cybersecurity UC.. 5.24 % 0.00 %

+0.04 (+0.04%)

N/A
W1TB:XETRA WisdomTree Cybersecurity .. 5.22 % 0.00 %

+0.29 (+0.04%)

USD 0.19B
WCBR:SW WisdomTree Cybersecurity .. 5.22 % 0.00 %

N/A

USD 0.28B
CYBP:LSE Rize UCITS ICAV - Rize Cy.. 5.08 % 0.00 %

+1.70 (+0.04%)

USD 0.12B
CYBR:SW 4.85 % 0.00 %

N/A

N/A
USPY:F Legal & General UCITS ETF.. 4.69 % 0.00 %

N/A

N/A
PSWD Xtrackers Cybersecurity S.. 4.68 % 0.00 %

+0.23 (+0.04%)

USD 7.38M
ASWC:XETRA HANetf ICAV - Future of D.. 4.55 % 0.00 %

+0.06 (+0.04%)

USD 1.93B
XHAK:CA iShares Cybersecurity and.. 4.33 % 0.00 %

-0.10 (0.04%)

CAD 0.02B
QQQG Pacer Nasdaq 100 Top 50 C.. 4.28 % 0.00 %

-0.03 (0.04%)

USD 3.61M
IHAK iShares Cybersecurity and.. 4.12 % 0.00 %

+0.56 (+0.04%)

USD 0.93B
HACK:AU Betashares Global Cyberse.. 3.95 % 0.00 %

-0.08 (0.04%)

USD 0.94B
TRFK Pacer Funds Trust 3.33 % 0.00 %

+0.30 (+0.04%)

USD 0.05B
AQGX 2.61 % 0.00 %

N/A

N/A
LOCK:SW iShares Digital Security .. 2.31 % 0.00 %

-0.05 (0.04%)

N/A
FLCC Federated Hermes ETF Trus.. 2.29 % 0.00 %

+0.16 (+0.04%)

USD 0.02B
GFLW VictoryShares Free Cash F.. 2.26 % 0.00 %

+0.01 (+0.04%)

USD 0.37B
FLCV Federated Hermes ETF Trus.. 2.02 % 0.00 %

+0.19 (+0.04%)

USD 0.03B
IFSU:SW iShares Edge MSCI USA Mul.. 1.63 % 0.00 %

N/A

USD 0.07B
HACK Amplify ETF Trust 0.00 % 0.60 %

+0.94 (+0.04%)

USD 1.73B
JKH iShares Morningstar Mid-C.. 0.00 % 0.30 %

N/A

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

-0.12 (0.04%)

N/A
QTEC First Trust NASDAQ-100-Te.. 0.00 % 0.57 %

-0.21 (0.04%)

USD 2.48B
XKFS SPDR Kensho Future Securi.. 0.00 % 0.20 %

+0.45 (+0.04%)

N/A
CMUE:CA 0.00 % 0.00 %

N/A

N/A
GDAT 0.00 % 0.00 %

N/A

N/A
CMUE-F:CA 0.00 % 0.00 %

N/A

N/A
FHQ-F:CA First Trust AlphaDEX U.S... 0.00 % 0.00 %

N/A

CAD 0.03B
SPDN Direxion Daily S&P 500® .. 0.00 % 0.45 %

+0.02 (+0.04%)

USD 0.18B
CYBR:CA Evolve Cyber Security Ind.. 0.00 % 0.67 %

+0.53 (+0.04%)

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

+6.00 (+0.04%)

USD 2.50B
UFSD:LSE iShares Edge MSCI USA Mul.. 0.00 % 0.00 %

-0.12 (0.04%)

USD 1.38M
USPY:LSE L&G Cyber Security UCITS .. 0.00 % 0.00 %

-0.08 (0.04%)

USD 2.50B
IS4S:XETRA iShares Digital Security .. 0.00 % 0.00 %

-0.01 (0.04%)

N/A
L0CK:XETRA iShares Digital Security .. 0.00 % 0.00 %

-0.01 (0.04%)

N/A
USPY:XETRA L&G Cyber Security UCITS .. 0.00 % 0.00 %

+0.15 (+0.04%)

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

N/A

N/A
RCRS:XETRA Rize UCITS ICAV - Rize Cy.. 0.00 % 0.00 %

+0.05 (+0.04%)

N/A
FEVR 0.00 % 0.00 %

N/A

N/A
BUG Global X Cybersecurity ET.. 0.00 % 0.00 %

+0.60 (+0.04%)

USD 0.99B
WCBR WisdomTree Cybersecurity .. 0.00 % 0.00 %

+0.45 (+0.04%)

USD 0.11B
LYFE 0.00 % 0.00 %

N/A

N/A
IHVPF iShares VII plc - iShares.. 0.00 % 0.00 %

N/A

N/A
IHCNF iShares VII Public Limite.. 0.00 % 0.00 %

-0.17 (0.04%)

N/A
CYSE:LSE WisdomTree Cybersecurity .. 0.00 % 0.00 %

+13.50 (+0.04%)

USD 0.27B
WCBR:LSE WisdomTree Cybersecurity .. 0.00 % 0.00 %

+0.15 (+0.04%)

USD 0.27B
IMCB iShares Morningstar Mid-C.. 0.00 % 0.00 %

-0.18 (0.04%)

USD 0.93B
BBIG:CA 0.00 % 0.00 %

N/A

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

+0.10 (+0.04%)

N/A
RCRS:F Rize UCITS ICAV - Rize Cy.. 0.00 % 0.00 %

+0.18 (+0.04%)

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

-0.71 (0.04%)

USD 0.07B

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 8.85% 79% B- 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.85% 79% B- 80% B-
Trailing 12 Months  
Capital Gain 67.03% 86% B+ 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 67.03% 86% B+ 91% A-
Trailing 5 Years  
Capital Gain 260.49% 91% A- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 260.49% 91% A- 92% A
Average Annual (5 Year Horizon)  
Capital Gain 34.34% 81% B- 85% B
Dividend Return 34.34% 81% B- 85% B
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 57.10% 42% F 32% F
Risk Adjusted Return 60.14% 92% A 85% B
Market Capitalization 5.39B 97% N/A 99% 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 43.11 35% 23%
Price/Book Ratio 37.99 9% 4%
Price / Cash Flow Ratio 33.18 19% 8%
Price/Free Cash Flow Ratio 29.71 26% 12%
Management Effectiveness  
Return on Equity 33.87% 93% 95%
Return on Invested Capital 100.73% 97% 97%
Return on Assets 13.21% 92% 97%
Debt to Equity Ratio 66.56% 34% 31%

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.

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:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

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.