Fortinet Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	300,053	325,264	447,876	218,090	201,920	327,403
Market Cap Growth	-36.98%	-27.38%	105.36%	8.01%	-38.33%	161.47%
Enterprise Value	287,119	314,058	431,648	207,840	198,068	316,079
Last Close Price	201.55	221.49	295.20	144.90	130.75	207.91
PE Ratio	29.39	31.86	41.49	39.16	44.55	96.84
PS Ratio	8.01	8.69	12.16	8.47	8.65	17.58
PB Ratio	44.02	47.72	48.48	-96.99	-135.63	73.60
P/TBV Ratio	61.71	66.89	63.33	-	-	99.09
P/FCF Ratio	24.47	26.53	38.53	25.96	26.35	48.81
P/OCF Ratio	21.03	22.80	32.07	23.22	22.07	39.18
EV/Sales Ratio	8.23	8.39	11.72	8.07	8.48	16.97
EV/EBITDA Ratio	24.23	25.61	36.32	31.73	35.04	77.69
EV/EBIT Ratio	26.84	27.49	38.80	34.64	38.83	87.84
EV/FCF Ratio	23.42	25.62	37.14	24.74	25.85	47.13
Debt / Equity Ratio	0.86	0.86	0.72	-2.31	-3.86	1.32
Debt / EBITDA Ratio	0.46	0.46	0.54	0.76	0.97	1.38
Debt / FCF Ratio	0.48	0.48	0.57	0.62	0.75	0.88
Net Debt / Equity Ratio	-2.04	-2.04	-2.00	2.95	4.00	-1.87
Net Debt / EBITDA Ratio	-1.13	-1.13	-1.56	-1.01	-1.05	-2.05
Net Debt / FCF Ratio	-1.13	-1.13	-1.59	-0.79	-0.78	-1.24
Asset Turnover	0.68	0.68	0.70	0.79	0.73	0.67
Inventory Turnover	3.72	3.72	2.89	3.30	4.93	4.96
Quick Ratio	1.05	1.05	1.36	1.03	1.13	1.45
Current Ratio	1.17	1.17	1.47	1.19	1.24	1.55
Return on Equity (ROE)	135.72%	135.72%	338.74%	-	331.50%	73.34%
Return on Assets (ROA)	12.87%	12.87%	13.21%	11.46%	9.93%	8.10%
Return on Capital Employed (ROCE)	38.70%	38.70%	31.50%	34.90%	30.60%	17.90%
Earnings Yield	3.40%	3.14%	2.41%	2.55%	2.25%	1.03%
FCF Yield	4.09%	3.77%	2.60%	3.85%	3.79%	2.05%
Buyback Yield / Dilution	0.95%	0.95%	2.07%	2.12%	3.59%	0.36%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.