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Fortinet, Inc. (FTNT)

Equity · Currency in USD · Last updated Dec 2, 2023
SummaryFinancials

Company Info

ISINUS34959E1091
CUSIP34959E109
SectorTechnology
IndustrySoftware—Infrastructure

Highlights

Market Cap$40.36B
EPS$1.44
PE Ratio36.50
PEG Ratio1.94
Revenue (TTM)$5.17B
Gross Profit (TTM)$3.33B
EBITDA (TTM)$1.32B
Year Range$44.12 - $81.24
Target Price$57.08
Short %1.81%
Short Ratio1.35

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Fortinet, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,058.24%
314.01%
FTNT (Fortinet, Inc.)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with FTNT

Fortinet, Inc.

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Return

Fortinet, Inc. had a return of 7.36% year-to-date (YTD) and -5.22% in the last 12 months. Over the past 10 years, Fortinet, Inc. had an annualized return of 31.49%, outperforming the S&P 500 benchmark which had an annualized return of 9.87%.


PeriodReturnBenchmark
Year-To-Date7.36%19.67%
1 month-8.41%8.42%
6 months-22.96%7.29%
1 year-5.22%12.71%
5 years (annualized)28.92%10.75%
10 years (annualized)31.49%9.87%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20238.37%10.62%2.82%-22.53%-2.54%-2.57%-8.06%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FTNT
Fortinet, Inc.
-0.03
^GSPC
S&P 500
0.91

Sharpe Ratio

The current Fortinet, Inc. Sharpe ratio is -0.03. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio0.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.03
0.91
FTNT (Fortinet, Inc.)
Benchmark (^GSPC)

Dividend History


Fortinet, Inc. doesn't pay dividends

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-34.62%
-4.21%
FTNT (Fortinet, Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fortinet, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fortinet, Inc. was 51.20%, occurring on Feb 11, 2016. Recovery took 507 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-51.2%Aug 6, 2015131Feb 11, 2016507Feb 15, 2018638
-42.31%Jul 7, 201156Sep 23, 2011131Apr 2, 2012187
-41.88%Apr 9, 2012304Jun 24, 2013375Dec 17, 2014679
-38.32%Jul 18, 202380Nov 7, 2023
-37.61%Feb 7, 202026Mar 16, 202037May 7, 202063

Volatility Chart

The current Fortinet, Inc. volatility is 15.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
15.01%
2.79%
FTNT (Fortinet, Inc.)
Benchmark (^GSPC)