Fortinet Statistics Share Statistics Fortinet has 766.27M
shares outstanding. The number of shares has increased by -0.02%
in one year.
Shares Outstanding 766.27M Shares Change (YoY) -0.02% Shares Change (QoQ) 0.11% Owned by Institutions (%) 65.61% Shares Floating 649.1M Failed to Deliver (FTD) Shares 499 FTD / Avg. Volume 0.01%
Short Selling Information The latest short interest is 19.43M, so 2.54% of the outstanding
shares have been sold short.
Short Interest 19.43M Short % of Shares Out 2.54% Short % of Float 3.05% Short Ratio (days to cover) 3.09
Valuation Ratios The PE ratio is 41.38 and the forward
PE ratio is 30.75.
Fortinet's PEG ratio is
0.75.
PE Ratio 41.38 Forward PE 30.75 PS Ratio 12.13 Forward PS 8.8 PB Ratio 48.35 P/FCF Ratio 38.43 PEG Ratio 0.75
Financial Ratio History Enterprise Valuation Fortinet has an Enterprise Value (EV) of 70.34B.
EV / Sales 11.81 EV / EBITDA 31.95 EV / EBIT 31.15 EV / FCF 37.43
Financial Position The company has a current ratio of 1.47,
with a Debt / Equity ratio of 0.67.
Current Ratio 1.47 Quick Ratio 1.39 Debt / Equity 0.67 Debt / EBITDA 0.45 Debt / FCF 0.53 Interest Coverage 90.17
Financial Efficiency Return on Equity is 116.83% and Return on Invested Capital is 27.2%.
Return on Equity 116.83% Return on Assets 17.88% Return on Invested Capital 27.2% Revenue Per Employee $409.16K Profits Per Employee $119.9K Employee Count 14,556 Asset Turnover 0.61 Inventory Turnover 3.67
Taxes Income Tax 283.9M Effective Tax Rate 13.99%
Stock Price Statistics The stock price has increased by 12.09% in the
last 52 weeks. The beta is 1.13, so Fortinet's
price volatility has been higher than the market average.
Beta 1.13 52-Week Price Change 12.09% 50-Day Moving Average 84.25 200-Day Moving Average 96.89 Relative Strength Index (RSI) 60.1 Average Volume (20 Days) 7,226,271
Income Statement In the last 12 months, Fortinet had revenue of 5.96B
and earned 1.75B
in profits. Earnings per share was 2.28.
Revenue 5.96B Gross Profit 4.8B Operating Income 1.8B Net Income 1.75B EBITDA 2.2B EBIT 2.08B Earnings Per Share (EPS) 2.28
Full Income Statement Balance Sheet The company has 2.88B in cash and 994.3M in
debt, giving a net cash position of 1.88B.
Cash & Cash Equivalents 2.88B Total Debt 994.3M Net Cash 1.88B Retained Earnings -117.1M Total Assets 10.64B Working Capital 1.57B
Full Balance Sheet Cash Flow In the last 12 months, operating cash flow was 2.26B
and capital expenditures -378.9M, giving a free cash flow of 1.88B.
Operating Cash Flow 2.26B Capital Expenditures -378.9M Free Cash Flow 1.88B FCF Per Share 2.46
Full Cash Flow Statement Margins Gross margin is 80.56%, with operating and profit margins of 30.28% and 29.3%.
Gross Margin 80.56% Operating Margin 30.28% Pretax Margin 34.07% Profit Margin 29.3% EBITDA Margin 36.96% EBIT Margin 30.28% FCF Margin 31.55%
Dividends & Yields FTNT does not appear to pay any dividends at this time.
Dividend Per Share n/a Dividend Yield n/a Dividend Growth (YoY) n/a Payout Ratio n/a Earnings Yield 2.42% FCF Yield 2.6%
Dividend Details Analyst Forecast The average price target for FTNT is $90,
which is 4.3% higher than the current price. The consensus rating is "Hold".
Price Target $90 Price Target Difference 4.3% Analyst Consensus Hold Analyst Count 31
Stock Forecasts Fair Value There are several formulas that can be used to estimate the
intrinsic value of a stock.
Lynch Fair Value $57 Lynch Upside -33.94% Graham Number 10.02 Graham Upside -88.39%
Stock Splits The last stock split was on Jun 23, 2022. It was a
forward
split with a ratio of 5:1.
Last Split Date Jun 23, 2022 Split Type forward Split Ratio 5:1
Scores Altman Z-Score 5.99 Piotroski F-Score 7
