Fortinet, Inc.

Total Valuation

Fortinet, Inc. carries a market capitalization of 131.09B, placing it among publicly traded companies globally. Its enterprise value stands at 108.98B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Share Statistics

Fortinet, Inc. currently has 732.65M shares outstanding.

Valuation Ratios

Fortinet, Inc. trades at a trailing price-to-earnings ratio of 53.79. The price-to-sales ratio is 15.16, and the price-to-book ratio stands at 72.56.

Enterprise Valuation

On an enterprise value basis, Fortinet, Inc. trades at an EV/EBITDA multiple of 41.89 and an EV/FCF ratio of 29.53. The EV/Sales ratio of 14.48 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 44.62 provides insight into valuation relative to core operating earnings.

Financial Position

Fortinet, Inc. maintains a current ratio of 1.28, meaning it holds 1.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 32.04, indicating elevated leverage, while an interest coverage ratio of 144.52 demonstrates strong ability to service its debt obligations.

Financial Efficiency

Fortinet, Inc. posts a return on equity of 117.44 and a return on invested capital of 77.36.

Taxes

Over the trailing twelve months, Fortinet, Inc. has paid 502.50M in income taxes, reflecting an effective tax rate of 19.16.

Stock Price Statistics

Fortinet, Inc.'s stock has gained approximately 114.72179% over the past 52 weeks. The 50-day moving average sits at 161.31, while the 200-day moving average is 115.73.

Income Statement

Over the trailing twelve months, Fortinet, Inc. generated 7.53B in revenue and converted that into 2.12B in net income, yielding earnings per share of 2.84. EBITDA reached 2.60B, while operating income came in at 2.44B.

Balance Sheet

Fortinet, Inc. holds 4.07B in cash and equivalents against 496.90M in total debt, resulting in a net debt position of -2.44B. Total book value stands at 1.55B, with working capital of 1.37B providing operational flexibility.

Cash Flow

Fortinet, Inc. produced 3.40B in operating cash flow over the past twelve months. After subtracting -279.10M in capital expenditures, free cash flow totaled 3.12B - equivalent to 4.20 per share.

Margins

Fortinet, Inc. operates with a gross margin of 80.20, reflecting its pricing power and cost economics. The operating margin of 32.44 and net profit margin of 28.17 provide insight into operational efficiency.

Dividends & Yields

Stock Splits

Fortinet, Inc.'s most recent stock split took place on June 23, 2022 with a 1:5 split ratio.

Scores

Fortinet, Inc. posts an Altman Z-Score of 8.85, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.