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FTNT Fortinet, Inc.

Technology

Price
$162.51
Intrinsic value
$53.46
Buy price
$42.77
Discount
-204.0%
Overvalued

DCF walkthrough

Near-term growth (g1)14.39%
Terminal growth (g2)3.50%
Years of g1 growth4
Discount rate9.00%
Margin of safety20.00%
Operating CF
$3,396,100,000.00
Total debt
$561,400,000.00
Cash & STI
$4,069,600,000.00
Shares out.
739,900,000
Overvalued
Intrinsic value$53.46
Buy price (with MOS)$42.77
Current price$162.51
Discount to intrinsic value-204.0%

7-step quality scorecard

ROE quality
HIGH_DISTORTED
Average ROE
133.3%
Current ROE
149.8%
Minimum ROE
116.8%
Debt quality
CONSERVATIVE
Debt / Equity
0.45x
Moat proxy
MODERATE_PROXY
Cash-flow reliability
OK
Operating CF / Net income
1.60x

Technical chart

Confluence: NONE (0/3)

Weekly candles, ~3 years. Yellow line: 10-week EMA. Dashed lines: Fibonacci retracement of the last 52-week swing. Green arrow: an active DR1 support reclaim.

Assumptions & data quality

Data source
yfinance
Growth (g1) source
min(cfCAGR,revenueCAGR)
Valuation model
DCF_OCF
Debt as % of DCF PV
1.6%
Public economic interest
100.0%

These are model outputs built on assumptions (growth rate, discount rate, margin of safety), not facts - trust but verify, especially for LOW cash-flow-reliability or UNKNOWN-quality rows.