Company context

Fortinet, Inc.

NASDAQ:FTNT

Information Technology Services · benchmarked against Technology Services inside the BUG constituent company universe.

Active tabPeers

Current readMixed

Last close157.35

1M return-3.08%

OverviewVerdict, thesis map, and valuation setup.FundamentalsDrivers, trajectory, and business quality.Financial reportsStatement tables, sorting, filtering, and acceleration.Ex-ante forecastTarget price, dividend yield, and total return by horizon.FactorsCompany factor exposure, rank, and universe context.Market viewMomentum, catalysts, charts, and symbol packet.AttributionLarge-move causes, residuals, and research backlog.OwnershipSEC 13F holder flow, crowding, and manager changes.PeersPeer heatmap and closest comparables.

Tab scope

Relative comparables

Peers

Source and lookbackPeer fundamentals and stored return summaries4221 stored daily bars; peer return rows use each peer's stored price summary where available.

Sample and caveat12 closest comparables from industry, sector, and market peer pools.Use this tab for its stated job; heavier model packets stay on their own tabs.

Peer return matrix

Cumulative returns across peer horizons

Stored daily closes, when available

NASDAQ:FTNT 1W -2.13%, 1M -3.08%, 3M +24.39%, 6M +94.02%, 1Y +99.76%, 3Y +167.56%; LSE:NCC 1W +1.58%, 1M +10.80%, 3M +15.12%, 6M +1.29%, 1Y -4.71%, 3Y +46.58%; NASDAQ:CRWD 1W -5.95%, 1M -3.88%, 3M -69.03%, 6M -51.04%, 1Y -54.77%, 3Y +28.12%; NASDAQ:PANW 1W -4.15%, 1M -5.10%, 3M +37.06%, 6M +117.37%, 1Y +78.09%, 3Y +194.07%; NASDAQ:CHKP 1W +4.10%, 1M +12.41%, 3M -0.37%, 6M -27.14%, 1Y -37.13%, 3Y +8.65%; TSE:4704 1W -2.23%, 1M -0.72%, 3M +15.63%, 6M +10.73%, 1Y -30.86%, 3Y -7.26%; NASDAQ:AKAM 1W +4.49%, 1M +10.12%, 3M -12.17%, 6M +21.61%, 1Y +56.88%, 3Y +20.74%; NASDAQ:GEN 1W -2.87%, 1M -1.37%, 3M +7.87%, 6M +17.12%, 1Y -13.13%, 3Y +29.88%; TSE:4475 1W +10.14%, 1M +29.08%, 3M +36.89%, 6M +0.98%, 1Y -17.43%, 3Y +44.28%; TSE:3692 1W -4.68%, 1M -0.59%, 3M -16.14%, 6M -46.92%, 1Y -5.91%, 3Y +265.66%; TSE:2326 1W +0.76%, 1M +10.21%, 3M -28.02%, 6M -34.83%, 1Y -44.67%, 3Y -35.36%

Company1W1M

3M

6M

1Y

3Y

NASDAQ:FTNT-2.13%-3.08%+24.39%+94.02%+99.76%+167.56%

LSE:NCC+1.58%+10.80%+15.12%+1.29%-4.71%+46.58%

NASDAQ:CRWD-5.95%-3.88%-69.03%-51.04%-54.77%+28.12%

NASDAQ:PANW-4.15%-5.10%+37.06%+117.37%+78.09%+194.07%

NASDAQ:CHKP+4.10%+12.41%-0.37%-27.14%-37.13%+8.65%

TSE:4704-2.23%-0.72%+15.63%+10.73%-30.86%-7.26%

NASDAQ:AKAM+4.49%+10.12%-12.17%+21.61%+56.88%+20.74%

NASDAQ:GEN-2.87%-1.37%+7.87%+17.12%-13.13%+29.88%

TSE:4475+10.14%+29.08%+36.89%+0.98%-17.43%+44.28%

TSE:3692-4.68%-0.59%-16.14%-46.92%-5.91%+265.66%

TSE:2326+0.76%+10.21%-28.02%-34.83%-44.67%-35.36%

Peer scorecard analytics

Different ways to compare this peer set

11 companies including target

Return leadership

NASDAQ:FTNT+99.76% 1Y · +167.56% 3Y

NASDAQ:PANW+78.09% 1Y · +194.07% 3Y

NASDAQ:AKAM+56.88% 1Y · +20.74% 3Y

LSE:NCC-4.71% 1Y · +46.58% 3Y

Risk and quality spread

NASDAQ:FTNTGM +80.30% · ROE +132.39%

TSE:4475GM +86.85% · ROE +38.29%

NASDAQ:CHKPGM +85.42% · ROE +38.02%

NASDAQ:GENGM +74.10% · ROE +39.88%

Valuation screen

NASDAQ:CHKPP/E 13.95 · FCF yield +8.95%

TSE:2326P/E 16.44 · FCF yield n/a

NASDAQ:GENP/E 16.86 · FCF yield +9.48%

TSE:4704P/E 22.40 · FCF yield +8.93%

Valuation versus growth

P/E against 1Y return

NASDAQ:FTNT P/E 61.96 1Y +99.76%, LSE:NCC P/E 48.24 1Y -4.71%, NASDAQ:CRWD P/E n/a 1Y -54.77%, NASDAQ:PANW P/E 286.80 1Y +78.09%, NASDAQ:CHKP P/E 13.95 1Y -37.13%, TSE:4704 P/E 22.40 1Y -30.86%, NASDAQ:AKAM P/E 41.47 1Y +56.88%, NASDAQ:GEN P/E 16.86 1Y -13.13%, TSE:4475 P/E 29.22 1Y -17.43%, TSE:3692 P/E 35.85 1Y -5.91%, TSE:2326 P/E 16.44 1Y -44.67%

Peer heatmap

Where this company wins and lags

12 stored peers

CompanyP/E TTMPrice / SalesFCF yieldGross marginReturn on equityDebt / Equity

NASDAQ:FTNTFortinet, Inc.

61.9617th pctile16.8927th pctile+2.07%45th pctile+80.30%87th pctile+132.39%100th pctile0.5033rd pctile

LSE:NCCNCC Group plc

48.2433rd pctile2.19100th pctile+9.28%86th pctile+28.18%0th pctile-16.81%0th pctile0.3557th pctile

NASDAQ:CRWDCrowdStrike Holdings, Inc.

n/an/a41.120th pctile+0.71%0th pctile+74.89%57th pctile-1.12%14th pctile0.1871st pctile

NASDAQ:PANWPalo Alto Networks, Inc.

286.800th pctile27.0914th pctile+1.33%14th pctile+71.05%29th pctile+4.83%29th pctile0.0786th pctile

NASDAQ:CHKPCheck Point Software Technologies Ltd.

13.95100th pctile5.2843rd pctile+8.95%71st pctile+85.42%100th pctile+38.02%71st pctile0.7029th pctile

TSE:4704Trend Micro Incorporated

22.4067th pctile3.0086th pctile+8.93%57th pctile+77.34%71st pctile+34.44%57th pctile0.00100th pctile

NASDAQ:AKAMAkamai Technologies, Inc.

41.4750th pctile4.2357th pctile+4.27%43rd pctile+54.13%14th pctile+9.17%43rd pctile1.2014th pctile

NASDAQ:GENGen Digital Inc.

16.8683rd pctile3.2671st pctile+9.48%100th pctile+74.10%43rd pctile+39.88%86th pctile3.160th pctile

Color ranks each metric in the favorable direction, so lower leverage and cheaper multiples can still score green.