Fortinet Stock Price To Earnings To Growth
| F1TN34 Stock | BRL 293.00 1.58 0.54% |
Fortinet fundamentals help investors to digest information that contributes to Fortinet's financial success or failures. It also enables traders to predict the movement of Fortinet Stock. The fundamental analysis module provides a way to measure Fortinet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortinet stock.
Fortinet |
Fortinet Company Price To Earnings To Growth Analysis
Fortinet's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Fortinet Price To Earnings To Growth | 2.02 X |
Most of Fortinet's fundamental indicators, such as Price To Earnings To Growth, 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.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Fortinet has a Price To Earnings To Growth of 2.0204 times. This is 19.55% higher than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The price to earnings to growth for all Brazil stocks is 58.68% higher than that of the company.
Fortinet Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortinet's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortinet could also be used in its relative valuation, which is a method of valuing Fortinet by comparing valuation metrics of similar companies.Fortinet is rated # 2 in price to earnings to growth category among its peers.
Fortinet Fundamentals
| Return On Equity | 2.89 | |||
| Return On Asset | 0.0909 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 221.8 B | |||
| Shares Outstanding | 1.56 B | |||
| Price To Earning | 54.01 X | |||
| Price To Sales | 57.51 X | |||
| Revenue | 3.34 B | |||
| Gross Profit | 2.56 B | |||
| EBITDA | 727.7 M | |||
| Net Income | 606.8 M | |||
| Cash And Equivalents | 2.94 B | |||
| Cash Per Share | 17.98 X | |||
| Total Debt | 988.4 M | |||
| Debt To Equity | 1.06 % | |||
| Current Ratio | 2.01 X | |||
| Book Value Per Share | (0.41) X | |||
| Cash Flow From Operations | 1.5 B | |||
| Earnings Per Share | 2.76 X | |||
| Price To Earnings To Growth | 2.02 X | |||
| Number Of Employees | 10.2 K | |||
| Beta | 1.13 | |||
| Market Capitalization | 248.55 B | |||
| Total Asset | 5.92 B | |||
| Net Asset | 5.92 B |
About Fortinet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortinet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortinet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortinet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Fortinet Stock refer to our How to Trade Fortinet Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.