FTNT:NGS-Fortinet Inc. (USD)

EQUITY | Software - Infrastructure | Nasdaq Global Select

Last Closing

USD 67.27

Change

-0.18 (-0.27)%

Market Cap

USD 5.39B

Volume

3.53M

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: 2024-03-27 )

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ETFs Containing FTNT

CYBR-B:CA Evolve Cyber Security Ind.. 7.71 % 0.00 %

+0.57 (+1.09%)

N/A
CYBP:LSE Rize UCITS ICAV - Rize Cy.. 6.37 % 0.00 %

+10.15 (+1.09%)

USD 0.13B
CYBR:LSE Rize UCITS ICAV - Rize Cy.. 6.37 % 0.00 %

+0.11 (+1.09%)

USD 0.13B
CBUG:CA CI Digital Security ETF 6.27 % 0.00 %

N/A

CAD 2.33M
CYBR:SW Rize UCITS ICAV - Rize Cy.. 5.79 % 0.00 %

+0.02 (+1.09%)

USD 0.13B
BUG:LSE Global X Cybersecurity UC.. 5.75 % 0.00 %

+0.34 (+1.09%)

USD 0.03B
BUGG:LSE Global X Cybersecurity UC.. 5.75 % 0.00 %

+0.29 (+1.09%)

USD 0.03B
BUG:XETRA Global X Cybersecurity UC.. 5.54 % 0.00 %

+0.30 (+1.09%)

USD 0.02B
BUGG:AU Global X Cybersecurity ET.. 5.49 % 0.00 %

-0.07 (1.09%)

N/A
BUGU:SW Global X Cybersecurity UC.. 5.45 % 0.00 %

+0.12 (+1.09%)

USD 0.03B
ISPY:SW L&G Cyber Security UCITS .. 5.35 % 0.00 %

+0.56 (+1.09%)

USD 2.58B
HACK ETFMG Prime Cyber Securit.. 5.06 % 0.60 %

+0.62 (+1.09%)

USD 1.73B
PSWD Xtrackers Cybersecurity S.. 4.88 % 0.00 %

+0.44 (+1.09%)

USD 6.15M
WCBR WisdomTree Cybersecurity .. 4.81 % 0.00 %

+0.33 (+1.09%)

USD 0.10B
W1TB:XETRA WisdomTree Cybersecurity .. 4.74 % 0.00 %

+0.78 (+1.09%)

USD 0.19B
XHAK:CA iShares Cybersecurity and.. 4.71 % 0.00 %

+0.37 (+1.09%)

CAD 0.01B
IHAK iShares Cybersecurity and.. 4.68 % 0.00 %

+0.47 (+1.09%)

USD 0.86B
TECH:AU ETFS Morningstar Global T.. 4.09 % 0.00 %

-0.24 (1.09%)

USD 0.37B
TECI:CA TD Global Technology Inno.. 3.34 % 0.00 %

N/A

CAD 6.40M
AQGX 2.61 % 0.00 %

N/A

N/A
AMID Argent Mid Cap ETF 2.55 % 0.00 %

+0.01 (+1.09%)

USD 0.06B
FITE SPDR S&P Kensho Future Se.. 2.21 % 0.20 %

+0.66 (+1.09%)

USD 0.05B
IQCT:LSE Lyxor Index Fund - Lyxor .. 1.32 % 0.00 %

+1.18 (+1.09%)

USD 0.08B
IQCY:LSE Lyxor Index Fund - Lyxor .. 1.32 % 0.00 %

+103.50 (+1.09%)

USD 0.08B
IQCT:PA Lyxor Index Fund - Lyxor .. 1.29 % 0.00 %

N/A

N/A
IQCT:SW Lyxor Index Fund - Lyxor .. 1.29 % 0.00 %

N/A

USD 0.08B
WELE:XETRA Amundi S&P 500 Equal Weig.. 0.67 % 0.00 %

+0.13 (+1.09%)

USD 1.17B
XZEW:XETRA Xtrackers S&P 500 Equal W.. 0.43 % 0.00 %

+0.39 (+1.09%)

USD 0.56B
JKH 0.00 % 0.30 %

N/A

N/A
PXLG 0.00 % 0.39 %

N/A

N/A
XKFS 0.00 % 0.20 %

N/A

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

-0.12 (1.09%)

USD 0.21B
CYBR:CA Evolve Cyber Security Hed.. 0.00 % 0.67 %

+0.50 (+1.09%)

CAD 0.07B
ISPY:LSE L&G Cyber Security UCITS .. 0.00 % 0.00 %

+42.75 (+1.09%)

USD 2.71B
USPY:LSE L&G Cyber Security UCITS .. 0.00 % 0.00 %

+0.61 (+1.09%)

USD 2.71B
USPY:XETRA L&G Cyber Security UCITS .. 0.00 % 0.00 %

+0.64 (+1.09%)

USD 2.62B
CYBR-U:CA Evolve Cyber Security Ind.. 0.00 % 0.00 %

N/A

N/A
FEVR 0.00 % 0.00 %

N/A

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

+0.34 (+1.09%)

USD 0.78B
LYFE 0.00 % 0.00 %

N/A

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

+52.30 (+1.09%)

USD 0.20B
WCBR:LSE WisdomTree Cybersecurity .. 0.00 % 0.00 %

+0.60 (+1.09%)

USD 0.20B
BBIG:CA 0.00 % 0.00 %

N/A

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

+0.28 (+1.09%)

USD 0.18B
IQCY:F Lyxor Index Fund - Lyxor .. 0.00 % 0.00 %

+33.38 (+1.09%)

USD 0.08B
RCRS:F Rize UCITS ICAV - Rize Cy.. 0.00 % 0.00 %

+0.12 (+1.09%)

USD 0.13B

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 14.93% 71% C- 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 14.93% 71% C- 78% C+
Trailing 12 Months  
Capital Gain 3.80% 50% F 54% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.80% 50% F 51% F
Trailing 5 Years  
Capital Gain 300.56% 89% A- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 300.56% 89% A- 93% A
Average Annual (5 Year Horizon)  
Capital Gain 44.76% 88% B+ 90% A-
Dividend Return 44.76% 88% B+ 90% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 52.34% 36% F 31% F
Risk Adjusted Return 85.52% 97% N/A 95% A
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 46.78 46% 22%
Price/Book Ratio 699.20 1% 0%
Price / Cash Flow Ratio 26.93 30% 11%
Price/Free Cash Flow Ratio 34.50 14% 7%
Management Effectiveness  
Return on Equity 78.99% 97% 98%
Return on Invested Capital 177.31% 99% 98%
Return on Assets 11.46% 94% 96%
Debt to Equity Ratio -214.13% 92% 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.

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.