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

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.

Exploring Why NASDAQ:FTNT Holds Appeal for Quality Investors.

• FORTINET INC has demonstrated significant revenue growth over the past 5 years, with a 24.11% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
• 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.
• 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.

FTNT gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 280 industry peers in the Software industry. FTNT scores excellent on profitability, but 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!

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

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

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.