Is FORTINET INC (NASDAQ:FTNT) suited for quality investing?

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if FORTINET INC (NASDAQ:FTNT) is suited for quality investing. Investors should of course do their own research, but we spotted FORTINET INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Key Considerations for Quality Investors.

• Over the past 5 years, FORTINET INC has experienced impressive revenue growth, with 24.11% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
• FORTINET INC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 135.0% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
• The Debt/Free Cash Flow Ratio of FORTINET INC stands at 0.6, 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.
• 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.
• FORTINET INC has experienced impressive EBIT growth over the past 5 years, with 39.87% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
• FORTINET INC demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

Fundamental analysis of NASDAQ:FTNT

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to FTNT. FTNT was compared to 285 industry peers in the Software industry. While FTNT has a great profitability rating, there are some minor concerns on its financial health. FTNT is growing strongly while it is still valued neutral. This is a good combination! This makes FTNT very considerable for growth investing!

Our latest full fundamental report of FTNT contains the most current fundamental analsysis.

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

Keep in mind

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.