Company context

Fortinet, Inc.

NASDAQ:FTNT

Information Technology Services · benchmarked against Technology Services inside the CIBR 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%; NYSE:INFY 1W -1.65%, 1M -3.33%, 3M -21.78%, 6M -39.90%, 1Y -38.77%, 3Y -32.64%; NYSE:IBM 1W -3.54%, 1M -29.45%, 3M -5.14%, 6M -13.85%, 1Y -13.22%, 3Y +45.37%; NYSE:ACN 1W -2.25%, 1M +3.21%, 3M -20.39%, 6M -32.66%, 1Y -45.63%, 3Y -55.66%; NASDAQ:CRWD 1W -5.95%, 1M -3.88%, 3M -69.03%, 6M -51.04%, 1Y -54.77%, 3Y +28.12%; NASDAQ:FFIV 1W +1.47%, 1M -2.31%, 3M +6.74%, 6M +45.40%, 1Y +30.72%, 3Y +160.25%; 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%; NASDAQ:DDOG 1W -2.84%, 1M -0.19%, 3M +22.05%, 6M +128.04%, 1Y +86.48%, 3Y +175.24%; TSE:4704 1W -2.94%, 1M -1.44%, 3M +14.79%, 6M +9.92%, 1Y -31.37%, 3Y -7.93%; NASDAQ:AKAM 1W +4.49%, 1M +10.12%, 3M -12.17%, 6M +21.61%, 1Y +56.88%, 3Y +20.74%

Company1W

1M

3M

6M

1Y

3Y

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

NYSE:INFY-1.65%-3.33%-21.78%-39.90%-38.77%-32.64%

NYSE:IBM-3.54%-29.45%-5.14%-13.85%-13.22%+45.37%

NYSE:ACN-2.25%+3.21%-20.39%-32.66%-45.63%-55.66%

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

NASDAQ:FFIV+1.47%-2.31%+6.74%+45.40%+30.72%+160.25%

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%

NASDAQ:DDOG-2.84%-0.19%+22.05%+128.04%+86.48%+175.24%

TSE:4704-2.94%-1.44%+14.79%+9.92%-31.37%-7.93%

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

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:DDOG+86.48% 1Y · +175.24% 3Y

NASDAQ:PANW+78.09% 1Y · +194.07% 3Y

NASDAQ:AKAM+56.88% 1Y · +20.74% 3Y

Risk and quality spread

NASDAQ:FTNTGM +80.30% · ROE +132.39%

NASDAQ:CHKPGM +85.42% · ROE +38.02%

TSE:4704GM +77.34% · ROE +34.44%

NASDAQ:FFIVGM +80.28% · ROE +20.34%

Valuation screen

NYSE:ACNP/E 11.56 · FCF yield +14.21%

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

NYSE:INFYP/E 13.99 · FCF yield +8.38%

NYSE:IBMP/E 18.83 · FCF yield +6.45%

Valuation versus growth

P/E against 1Y return

NASDAQ:FTNT P/E 61.96 1Y +99.76%, NYSE:INFY P/E 13.99 1Y -38.77%, NYSE:IBM P/E 18.83 1Y -13.22%, NYSE:ACN P/E 11.56 1Y -45.63%, NASDAQ:CRWD P/E n/a 1Y -54.77%, NASDAQ:FFIV P/E 33.81 1Y +30.72%, NASDAQ:PANW P/E 286.80 1Y +78.09%, NASDAQ:CHKP P/E 13.95 1Y -37.13%, NASDAQ:DDOG P/E 702.43 1Y +86.48%, TSE:4704 P/E 22.40 1Y -31.37%, NASDAQ:AKAM P/E 41.47 1Y +56.88%

Peer heatmap

Where this company wins and lags

12 stored peers

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

NASDAQ:FTNTFortinet, Inc.

61.9625th pctile16.8922nd pctile+2.07%39th pctile+80.30%94th pctile+132.39%100th pctile0.5041st pctile

NYSE:INFYInfosys Limited

13.9967th pctile2.3086th pctile+8.38%71st pctile+30.18%0th pctile+31.69%57th pctile0.1071st pctile

NYSE:IBMInternational Business Machines Corporation

18.8350th pctile2.9471st pctile+6.45%57th pctile+57.80%29th pctile+35.86%71st pctile2.120th pctile

NYSE:ACNAccenture plc

11.56100th pctile1.21100th pctile+14.21%100th pctile+31.73%14th pctile+24.95%43rd pctile0.2643rd pctile

NASDAQ:CRWDCrowdStrike Holdings, Inc.

n/an/a41.120th pctile+0.71%0th pctile+74.89%57th pctile-1.12%0th pctile0.1857th pctile

NASDAQ:FFIVF5, Inc.

33.8133rd pctile7.2743rd pctile+4.14%43rd pctile+80.28%71st pctile+20.34%29th pctile0.07100th pctile

NASDAQ:PANWPalo Alto Networks, Inc.

286.800th pctile27.0914th pctile+1.33%14th pctile+71.05%43rd pctile+4.83%14th pctile0.0786th pctile

NASDAQ:CHKPCheck Point Software Technologies Ltd.

13.9583rd pctile5.2857th pctile+8.95%86th pctile+85.42%100th pctile+38.02%86th pctile0.7014th pctile

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