Fortinet Gross Profit

FTNT
 Stock
  

USD 53.16  0.45  0.84%   

Fortinet fundamentals help investors to digest information that contributes to Fortinet's financial success or failures. It also enables traders to predict the movement of Fortinet Stock. The fundamental analysis module provides a way to measure Fortinet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fortinet stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Gross Profit is likely to gain to about 2.8 B in 2022.

Fortinet Gross Profit Analysis

Fortinet's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Fortinet Gross Profit

2.76 Billion

Gross Profit 
 = 
Revenue 
-  
Cost of Revenue 
More About Gross Profit | All Equity Analysis

Current Fortinet Gross Profit

    
  2.56 B  
Most of Fortinet's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fortinet is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fortinet Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Fortinet is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Gross Profit. Since Fortinet's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fortinet's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fortinet's interrelated accounts and indicators.

Fortinet Gross Profit Historical Pattern

Today, most investors in Fortinet Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fortinet's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Fortinet gross profit as a starting point in their analysis.
   Fortinet Gross Profit   
Share
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Compare to competition

According to the company disclosure, Fortinet reported 2.56 B of gross profit. This is 97.4% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The gross profit for all United States stocks is 90.65% higher than that of the company.

Fortinet Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortinet's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortinet could also be used in its relative valuation, which is a method of valuing Fortinet by comparing valuation metrics of similar companies.
Fortinet is currently under evaluation in gross profit category among related companies.

Fortinet Current Valuation Drivers

We derive many important indicators used in calculating different scores of Fortinet from analyzing Fortinet's financial statements. These drivers represent accounts that assess Fortinet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fortinet's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee6.2 K56.84 K46.1 K59.14 K59.52 K64.22 K
Revenue Per Employee295.09 K308.16 K304.46 K314.07 K327.83 K291.81 K
Average Assets1.98 B2.32 B3.5 B3.54 B5.68 B6.13 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA157.41 M271.1 M387.4 M579.5 M704.7 M760.33 M
Earnings Before Interest Taxes and Depreciation Amortization USD91.6 M179.5 M447.6 M610.5 M720.2 M777.06 M
Earnings before Tax43.1 M124 M386 M541.7 M620.9 M669.92 M
Average Equity801.95 M828 M1.18 B662.35 M982.7 M933.2 M
Enterprise Value4.56 B6.69 B17.08 B23.23 B57.92 B62.49 B
Free Cash Flow278.5 M459.1 M715.8 M957.8 M1.2 B1.3 B
Invested Capital562.12 M388.8 M1.1 B1.03 B3.08 B3.32 B
Invested Capital Average563.28 M518.1 M938.75 M911.98 M2.69 B2.9 B
Market Capitalization5.21 B7.6 B18.26 B24.11 B58.76 B63.4 B
Tangible Asset Value2.1 B2.23 B3.78 B3.92 B5.73 B6.18 B
Working Capital709.28 M689.6 M1.31 B910.9 M1.28 B1.07 B

Fortinet ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortinet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortinet's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Fortinet Fundamentals

About Fortinet Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fortinet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortinet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortinet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Gross Profit2.6 B2.8 B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortinet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortinet's short interest history, or implied volatility extrapolated from Fortinet options trading.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Fortinet using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Fortinet Piotroski F Score and Fortinet Altman Z Score analysis. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is Fortinet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortinet. If investors know Fortinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.53
Market Capitalization
43.3 B
Quarterly Revenue Growth YOY
0.33
Return On Assets
0.0909
Return On Equity
2.89
The market value of Fortinet is measured differently than its book value, which is the value of Fortinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fortinet's value that differs from its market value or its book value, called intrinsic value, which is Fortinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortinet's market value can be influenced by many factors that don't directly affect Fortinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine Fortinet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.