Why the quality investor may take a look at NASDAQ:FTNT.

In this article we will dive into FORTINET INC (NASDAQ:FTNT) as a possible candidate for quality investing. Investors should always do their own research, but we noticed FORTINET INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

What matters for quality investors.

• FORTINET INC has achieved substantial revenue growth over the past 5 years, with a 24.2% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
• FORTINET INC exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 192.0% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
• The Debt/Free Cash Flow Ratio of FORTINET INC stands at 0.48, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
• With a robust Profit Quality (5-year) ratio of 191.0%, FORTINET INC highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
• FORTINET INC has experienced impressive EBIT growth over the past 5 years, with 54.36% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
• The EBIT 5-year growth of FORTINET INC has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

What else is there to say on the fundamentals of NASDAQ:FTNT?

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to FTNT. FTNT was compared to 280 industry peers in the Software industry. FTNT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FTNT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, FTNT could be worth investigating further for growth and quality investing!.

Check the latest full fundamental report of FTNT for a complete fundamental analysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.