Fortinet, Inc. cash flow to debt ratio of 260.02% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.

Fortinet, Inc.'s free cash flow has increased 18.44% from $1.88B last year to $2.23B, signaling increasing performance

Fortinet, Inc.'s debt to equity ratio is 0.32, which means that the company's assets are healthy financed, signaling financial stability.

Fortinet, Inc.'s debt has decreased relative to shareholder equity from 0.67 last year to 0.32 today, signaling strengthened financials

Fortinet, Inc. has a net cash position, so leverage is healthy.

Fortinet, Inc. earns at least as much interest as it pays. Interest obligations are fully covered.

Fortinet, Inc.'s profit margin has decreased (3.85%) in the last year from 29.30% to 28.17%, signaling decreasing performance

Fortinet, Inc.'s short-term assets of $5.90B exceed its short-term liabilities of $5.03B

Fortinet, Inc.'s return on assets of 19.53% is higher than the 5.00% threshold, indicating efficient asset utilization

Fortinet, Inc.'s return on equity of 187.95%, is higher than 15.00%, indicating good performance

Fortinet, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation

Fortinet, Inc. had positive net income in 5 out of 5 years, indicating stable and consistent earnings

Fortinet, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures

Fortinet, Inc. has a free cash flow yield of 1.85%, which is below the 2.00% threshold, indicating limited cash return relative to market value

Fortinet, Inc.'s yearly earnings has increased 6.20% since last year from $1.75B to $1.85B, signaling increasing performance

Fortinet, Inc.'s yearly revenue has increased 14.17% since last year from $5.96B to $6.80B, signaling increasing performance

ROIC 32.78% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.

Fortinet, Inc.'s 3-year revenue CAGR of 15.46% is positive, indicating growing revenue over the past 3 years

Fortinet, Inc. had revenue growth in 5 out of 5 years, indicating consistent revenue performance

Fortinet, Inc. had positive ROE in 3 out of 5 years, indicating consistent and reliable returns on equity

Fortinet, Inc. is overvalued relative to its fair value price of 55.15 based on Discounted Cash Flow model

Fortinet, Inc. has an earnings yield of 1.75%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings

Fortinet, Inc. is overvalued relative to its fair value price of 25.22 based on EBITDA multiple model

Fortinet, Inc. has an EV/EBITDA ratio of 47.84x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings

Fortinet, Inc. is overvalued relative to its fair value price of 46.07 based on Earnings Fair Value model

Fortinet, Inc. has a PEG-ratio over 1 which is considered overvalued

Fortinet, Inc. has a price-to-book ratio of 77.91x, which exceeds the 5.00x threshold, indicating the stock may be overvalued relative to its book value

Fortinet, Inc. has a price-to-sales ratio of 16.05x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue