Fortinet Financials
| F1TN34 Stock | BRL 293.00 1.58 0.54% |
Fortinet |
Understanding current and past Fortinet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortinet's financial statements are interrelated, with each one affecting the others. For example, an increase in Fortinet's assets may result in an increase in income on the income statement.
Please note, the presentation of Fortinet's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortinet's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fortinet's management manipulating its earnings.
Fortinet Stock Summary
Fortinet competes with Adobe, S1NP34, Block, and A1KA34. 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.| Instrument | Brazil Stock View All |
| Exchange | Sao Paulo Exchange |
| Business Address | 899 Kifer Road, |
| Sector | Technology |
| Industry | Software—Infrastructure |
| Benchmark | Dow Jones Industrial |
| Website | www.fortinet.com |
| Phone | 408 235 7700 |
| Currency | BRL - Brazilian Real |
You should never invest in Fortinet without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fortinet Stock, because this is throwing your money away. Analyzing the key information contained in Fortinet's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fortinet Key Financial Ratios
Fortinet's financial ratios allow both analysts and investors to convert raw data from Fortinet's financial statements into concise, actionable information that can be used to evaluate the performance of Fortinet over time and compare it to other companies across industries.| Return On Equity | 2.89 | |||
| Return On Asset | 0.0909 | |||
| Beta | 1.13 |
Fortinet Financial Ratios 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.Fortinet Systematic Risk
Fortinet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortinet volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Fortinet correlated with the market. If Beta is less than 0 Fortinet generally moves in the opposite direction as compared to the market. If Fortinet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortinet is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortinet is generally in the same direction as the market. If Beta > 1 Fortinet moves generally in the same direction as, but more than the movement of the benchmark.
Fortinet December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fortinet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortinet. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortinet based on widely used predictive technical indicators. In general, we focus on analyzing Fortinet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortinet's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.2218 | |||
| Maximum Drawdown | 17.07 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 4.53 |
Complementary Tools for Fortinet Stock analysis
When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.
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