ScoreWhy is Fortinet, Inc. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 2,227.94%
- Healthy long term growth as Net Sales has grown by an annual rate of 21.28% and Operating profit at 33.53%
- The company is Net-Debt Free
2
With a growth in Operating Profit of 38.4%, the company declared Very Positive results in Jun 26
- The company has declared positive results for the last 3 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at USD 3,396.1 MM
- INTEREST COVERAGE RATIO(Q) Highest at 22,793.75
- RAW MATERIAL COST(Y) Fallen by 0.55% (YoY)
3
With ROE of 149.05%, it has a expensive valuation with a 46.76 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 109.70%, its profits have risen by 7.1% ; the PEG ratio of the company is 3
4
High Institutional Holdings at 81.26%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 9.51% over the previous quarter.
5
Market Beating performance in long term as well as near term
- Along with generating 109.70% returns in the last 1 year, the stock has outperformed S&P 500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Fortinet, Inc. should be less than 10%
- Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Fortinet, Inc. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Fortinet, Inc.
109.7%
4.28
42.64%
S&P 500
15.36%
1.17
13.09%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
21.28%
EBIT Growth (5y)
33.53%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-1.93
Sales to Capital Employed (avg)
4.12
Tax Ratio
15.27%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
71.75%
ROCE (avg)
0
ROE (avg)
2,227.94%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
31
Industry P/E
Price to Book Value
46.76
EV to EBIT
26.67
EV to EBITDA
24.84
EV to Capital Employed
-42.14
EV to Sales
8.13
PEG Ratio
3.02
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
149.05%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend13What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 3,396.1 MM
INTEREST COVERAGE RATIO(Q)
Highest at 22,793.75
RAW MATERIAL COST(Y)
Fallen by 0.55% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 5.64 times
NET SALES(Q)
Highest at USD 2,047.9 MM
OPERATING PROFIT(Q)
Highest at USD 729.4 MM
OPERATING PROFIT MARGIN(Q)
Highest at 35.62 %
PRE-TAX PROFIT(Q)
Highest at USD 715.1 MM
NET PROFIT(Q)
Highest at USD 602.01 MM
EPS(Q)
Highest at USD 0.82
-2What is not working for the Company
ROCE(HY)
Lowest at 117.44%
Here's what is working for Fortinet, Inc.
Operating Cash Flow
Highest at USD 3,396.1 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Interest Coverage Ratio
Highest at 22,793.75
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at USD 2,047.9 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Operating Profit
Highest at USD 729.4 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (USD MM)
Operating Profit Margin
Highest at 35.62 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at USD 715.1 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
Highest at USD 602.01 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
EPS
Highest at USD 0.82
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (USD)
Debtors Turnover Ratio
Highest at 5.64 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by 0.55% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at USD 41.4 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
