Why FORTINET INC (NASDAQ:FTNT) Deserves Consideration as a Quality Investment.

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.

Exploring Why NASDAQ:FTNT Holds Appeal for Quality Investors.

• FORTINET INC has shown strong performance in revenue growth over the past 5 years, with a 22.46% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
• The ROIC excluding cash and goodwill of FORTINET INC stands at 123.0%, reflecting the company's strong financial management and profitability. This metric underscores its ability to generate favorable returns on the capital invested in its core operations.
• FORTINET INC maintains a healthy Debt/Free Cash Flow Ratio of 0.53, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
• With a favorable Profit Quality (5-year) ratio of 164.0%, FORTINET INC showcases its ability to consistently deliver high-quality profits. This metric signifies the company's financial strength and its capacity to generate sustainable earnings over an extended period.
• The 5-year EBIT growth of FORTINET INC has been remarkable, with 38.65% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
• 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.

How does the complete fundamental picture look for NASDAQ:FTNT?

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Overall FTNT gets a fundamental rating of 7 out of 10. We evaluated FTNT against 283 industry peers in the Software industry. FTNT gets an excellent profitability rating and is at the same time showing great financial health properties. FTNT is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make FTNT suitable for growth and quality investing!

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

More quality stocks can be found in our Caviar Cruise screen.

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.