Fortinet Financial Statements From 2010 to 2024
| F1TN34 Stock | BRL 293.00 1.58 0.54% |
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as , as well as many indicators such as . Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
Fortinet |
Fortinet Company Profit Margin Analysis
Fortinet's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Fortinet Profit Margin | 0.18 % |
Most of Fortinet's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortinet is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Fortinet has a Profit Margin of 0.1812%. This is 113.94% lower than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The profit margin for all Brazil stocks is 114.27% lower than that of the firm.
Fortinet Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortinet's current stock value. Our valuation model uses many indicators to compare Fortinet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortinet competition to find correlations between indicators driving Fortinet's intrinsic value. More Info.Fortinet is rated # 5 in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.03 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortinet is roughly 31.82 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fortinet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fortinet's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Fortinet Financial Statements
Fortinet stakeholders use historical fundamental indicators, such as Fortinet's revenue or net income, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fortinet's assets and liabilities are reflected in the revenues and expenses on Fortinet's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fortinet. Please read more on our technical analysis and fundamental analysis pages.
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2000 and is headquartered in Sunnyvale, California. FORTINET INCDRN operates under SoftwareInfrastructure classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 8615 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Fortinet Stock
When determining whether Fortinet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortinet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortinet Stock. Highlighted below are key reports to facilitate an investment decision about Fortinet Stock:Check out the analysis of Fortinet Correlation against competitors. For information on how to trade Fortinet Stock refer to our How to Trade Fortinet Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.