Price History
Feb 9, 2026 — Apr 4, 2026Investment Snapshot
- Trading 698% above Graham Number — above intrinsic value estimate
- Piotroski F-Score 8/9 — financially strong with improving fundamentals
- Strong ROE of 152.5% with 29.5% net margin
- Revenue growing at 14% annually
FORTINET, INC. (FTNT) is a Industrials company operating in Computer Peripheral Equipment, NEC, listed on the NASDAQ , with a market capitalisation of $57.9 billion . Key value metrics: P/E ratio 30.7, P/B ratio 46.76, Piotroski F-Score 8 out of 9 (strong financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
FORTINET, INC. — Fundamental Analysis Summary
FORTINET, INC. (FTNT) is currently trading 698% above its Graham Number of $9.80, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 30.7x.
On financial health, FTNT shows a strong Piotroski F-Score of 8/9, indicating improving fundamentals across profitability, leverage, and efficiency, and strong return on equity of 152.5% (sector average: 5.5%), and manageable leverage with a debt-to-equity ratio of 0.40.
StockPik's composite Value Score for FTNT is 57/100 — an above-average value rating. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
FTNT reports a high gross margin of 81.2% (sector average: 24.7%) and a strong operating margin of 30.1%.
FTNT shows revenue growing at 14% year-over-year, with earnings growing at 6%.