Fortinet, Inc. (FRA:FO8)

Fortinet Statistics

Total Valuation

Fortinet has a market cap or net worth of EUR 53.97 billion. The enterprise value is 51.76 billion.

Market Cap	53.97B
Enterprise Value	51.76B

Important Dates

The next estimated earnings date is Thursday, May 7, 2026.

Earnings Date	May 7, 2026
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	739.92M
Shares Outstanding	n/a
Shares Change (YoY)	-0.95%
Shares Change (QoQ)	-1.73%
Owned by Insiders (%)	15.79%
Owned by Institutions (%)	70.57%
Float	622.37M

Valuation Ratios

The trailing PE ratio is 34.19 and the forward PE ratio is 27.65.

PE Ratio	34.19
Forward PE	27.65
PS Ratio	9.32
PB Ratio	51.20
P/TBV Ratio	71.78
P/FCF Ratio	28.47
P/OCF Ratio	24.46
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 25.65, with an EV/FCF ratio of 27.31.

EV / Earnings	32.79
EV / Sales	8.71
EV / EBITDA	25.65
EV / EBIT	28.41
EV / FCF	27.31

Financial Position

The company has a current ratio of 1.17, with a Debt / Equity ratio of 0.86.

Current Ratio	1.17
Quick Ratio	1.05
Debt / Equity	0.86
Debt / EBITDA	0.46
Debt / FCF	0.48
Interest Coverage	103.20

Financial Efficiency

Return on equity (ROE) is 135.72% and return on invested capital (ROIC) is 53.28%.

Return on Equity (ROE)	135.72%
Return on Assets (ROA)	12.87%
Return on Invested Capital (ROIC)	53.28%
Return on Capital Employed (ROCE)	38.73%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	383,296
Profits Per Employee	104,477
Employee Count	15,109
Asset Turnover	0.67
Inventory Turnover	3.72

Taxes

In the past 12 months, Fortinet has paid 373.98 million in taxes.

Income Tax	373.98M
Effective Tax Rate	19.15%

Stock Price Statistics

The stock price has decreased by -20.24% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-20.24%
50-Day Moving Average	68.54
200-Day Moving Average	74.12
Relative Strength Index (RSI)	59.50
Average Volume (20 Days)	396

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	2.64

Income Statement

In the last 12 months, Fortinet had revenue of EUR 5.79 billion and earned 1.58 billion in profits. Earnings per share was 2.06.

Revenue	5.79B
Gross Profit	4.66B
Operating Income	1.77B
Pretax Income	1.95B
Net Income	1.58B
EBITDA	1.90B
EBIT	1.77B
Earnings Per Share (EPS)	2.06

Balance Sheet

The company has 3.05 billion in cash and 904.34 million in debt, with a net cash position of 2.15 billion.

Cash & Cash Equivalents	3.05B
Total Debt	904.34M
Net Cash	2.15B
Net Cash Per Share	n/a
Equity (Book Value)	1.05B
Book Value Per Share	1.42
Working Capital	737.74M

Cash Flow

In the last 12 months, operating cash flow was 2.21 billion and capital expenditures -310.70 million, giving a free cash flow of 1.90 billion.

Operating Cash Flow	2.21B
Capital Expenditures	-310.70M
Free Cash Flow	1.90B
FCF Per Share	n/a

Margins

Gross margin is 80.46%, with operating and profit margins of 30.51% and 27.26%.

Gross Margin	80.46%
Operating Margin	30.51%
Pretax Margin	33.72%
Profit Margin	27.26%
EBITDA Margin	32.74%
EBIT Margin	30.51%
FCF Margin	32.73%

Dividends & Yields

Fortinet does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	0.95%
Shareholder Yield	0.95%
Earnings Yield	2.93%
FCF Yield	3.51%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 23, 2022. It was a forward split with a ratio of 5.

Last Split Date	Jun 23, 2022
Split Type	Forward
Split Ratio	5

Scores

Fortinet has an Altman Z-Score of 6.02 and a Piotroski F-Score of 5.

Altman Z-Score	6.02
Piotroski F-Score	5