FTNT · Fortinet, Inc.
$82.532026-05-17Sector: Technology; Industry: Software - Infrastructure; Sub-Industry: Systems Software
Intrinsic Value Range Comparison · Mulya.ai
R&D capitalized (5yr)Base · active
$61
-25.9% vs market
Mulya.ai vs Analyst IV Comparison?
Mulya.ai IV range ($50 · $68) Analysts Range ($70 · $95) Fundamentals · historical + forward · baseitalics = DCF projection
| Period | Revenue | Rev Gr ? | Ops M% ? | Tax Rate ? | NOPAT ? | Reinvest ? | FCFF ? | WACC% ? | PV FCFF ? | ROIC ? | Inv. Cap ? | EPS ? | P/E |
|---|
| 2021.Q4 | $3.3B | — | 22.8% | 2.3% | $746MM | −$232MM | $514MM | 7.7% | — | 263.5% | $283MM | $0.81 | — |
| 2022.Q4 | $4.4B | 32.2% | 25.8% | 3.5% | $1.1B | −$202MM | $897MM | 8.6% | — | 0.0% | −$1.5B | $1.15 | — |
| 2023.Q4 | $5.3B | 20.1% | 27.5% | 11.1% | $1.3B | −$246MM | $1.0B | 8.4% | — | 0.0% | −$1.9B | $1.53 | — |
| 2024.Q4 | $6.0B | 12.3% | 35.5% | 14.0% | $1.8B | −$870MM | $950MM | 9.0% | — | 0.0% | $221MM | $2.33 | — |
| 2025.Q4 | $6.8B | 14.2% | 35.9% | 19.2% | $2.0B | −$523MM | $1.5B | 9.0% | — | 429.9% | $698MM | $2.48 | 25.3 |
| italics below = DCF projection · 10yr Rev CAGR: 8.4% |
| 2026.Q4 | $7.6B | +11.7% | 42.2% | 19.2% | $2.6B | −$718MM | $1.9B | 8.7% | $1.7B | 244.9% | $1.4B | $2.51 | 32.9 |
| 2027.Q4 | $8.4B | +10.4% | 39.0% | 19.3% | $2.6B | −$199MM | $2.4B | 8.7% | $2.1B | 174.0% | $1.6B | $2.62 | 31.5 |
| 2028.Q4 | $9.2B | +9.2% | 35.7% | 19.4% | $2.6B | −$112MM | $2.5B | 8.7% | $2.0B | 157.8% | $1.7B | $2.69 | 30.7 |
| 2029.Q4 | $11.1B | +21.4% | 32.5% | 19.5% | $2.9B | −$1.3B | $1.6B | 8.7% | $1.1B | 121.9% | $3.0B | $3.06 | 27.0 |
| 2030.Q4 | $11.9B | +6.8% | 26.0% | 19.6% | $2.5B | −$483MM | $2.0B | 8.7% | $1.3B | 75.6% | $3.5B | $2.83 | 29.2 |
|
| Term. Yr+ | $15.9B | 4.1% | 26.0% | 20.0% | $3.3B | −$575MM | $2.7B | 8.6% | $26.5B | 23.6% | — | — | — |
Active scenario IV: $61 (-25.9% vs market)