Exploring NASDAQ:FTNT's quality characteristics.

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 24.11% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
• With a robust ROIC excluding cash and goodwill at 137.0%, FORTINET INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
• FORTINET INC demonstrates a well-balanced Debt/Free Cash Flow Ratio of 0.63, indicating effective debt management and strong cash flow generation. This ratio suggests the company has a sustainable financial position and the capacity to allocate capital efficiently.
• FORTINET INC exhibits impressive Profit Quality (5-year) with a 186.0% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
• The 5-year EBIT growth of FORTINET INC has been remarkable, with 39.87% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
• FORTINET INC has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

Fundamental analysis of NASDAQ:FTNT

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Overall FTNT gets a fundamental rating of 7 out of 10. We evaluated FTNT against 285 industry peers in the Software industry. FTNT scores excellent on profitability, but there are some minor concerns on its financial health. FTNT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes FTNT very considerable for growth investing!

For an up to date full fundamental analysis you can check the fundamental report of FTNT

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

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.