Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 92.77 USD -1.33% Market Closed
Market Cap: 71B USD
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Relative Value

The Relative Value of one FTNT stock under the Base Case scenario is 79.21 USD. Compared to the current market price of 92.77 USD, Fortinet Inc is Overvalued by 15%.

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
79.21 USD
Overvaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
22
vs Industry
14
Median 3Y
10.5
Median 5Y
10.2
Industry
2.4
Forward
11.8
vs History
61
vs Industry
17
Median 3Y
51.6
Median 5Y
52.8
Industry
23.3
Forward
43.8
vs History
6
vs Industry
26
Median 3Y
27
Median 5Y
25.8
Industry
17.2
vs History
3
vs Industry
24
Median 3Y
29.5
Median 5Y
26.4
Industry
21.8
vs History
23
vs Industry
0
Median 3Y
64.3
Median 5Y
35.8
Industry
2.9
vs History
22
vs Industry
14
Median 3Y
10.1
Median 5Y
9.8
Industry
2.4
Forward
11.4
vs History
26
vs Industry
21
Median 3Y
13.2
Median 5Y
12.6
Industry
4.9
vs History
58
vs Industry
14
Median 3Y
40.7
Median 5Y
40.7
Industry
12.9
Forward
32.2
vs History
63
vs Industry
15
Median 3Y
45.7
Median 5Y
46.2
Industry
16.6
Forward
36.9
vs History
6
vs Industry
26
Median 3Y
25.9
Median 5Y
24.3
Industry
16.1
vs History
7
vs Industry
22
Median 3Y
30.7
Median 5Y
28.5
Industry
19
vs History
25
vs Industry
11
Median 3Y
12.3
Median 5Y
11.6
Industry
2.5

Multiples Across Competitors

FTNT Competitors Multiples
Fortinet Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Fortinet Inc
NASDAQ:FTNT
70.8B USD 12.4 46.3 39.4 42.3
US
Microsoft Corp
NASDAQ:MSFT
3.1T USD 12.2 34.3 22.3 27.4
US
Oracle Corp
NYSE:ORCL
532.8B USD 9.9 48.5 26.2 35.8
US
ServiceNow Inc
NYSE:NOW
218.8B USD 20.9 163.8 117.9 170.6
US
Palo Alto Networks Inc
NASDAQ:PANW
125.6B USD 15.2 45.9 93.6 121.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
91.2B USD 26 536 366.6 1 519.2
US
VMware Inc
XETRA:BZF1
58B EUR 4.4 42.5 19.7 33.2
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 152.1 1 182.6 262.9 466.6
US
Zscaler Inc
NASDAQ:ZS
32.2B USD 14.8 -557.5 -762.2 -254.4
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20B USD 7.9 23.9 19.5 21.2
US
Gen Digital Inc
NASDAQ:GEN
18.6B USD 4.8 30 12.3 15.8

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