GVA vs. FTNT
Compare and contrast key facts about Granite Construction Incorporated (GVA) and Fortinet, Inc. (FTNT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GVA or FTNT.
Key characteristics
| GVA | FTNT | |
|---|---|---|
| YTD Return | 89.40% | 42.97% |
| 1Y Return | 115.42% | 66.56% |
| 3Y Return (Ann) | 32.97% | 6.03% |
| 5Y Return (Ann) | 30.13% | 34.26% |
| 10Y Return (Ann) | 11.80% | 31.54% |
| Sharpe Ratio | 4.85 | 1.86 |
| Sortino Ratio | 6.13 | 3.09 |
| Omega Ratio | 1.72 | 1.40 |
| Calmar Ratio | 4.02 | 1.81 |
| Martin Ratio | 26.05 | 6.63 |
| Ulcer Index | 4.36% | 10.40% |
| Daily Std Dev | 23.43% | 37.08% |
| Max Drawdown | -84.72% | -51.20% |
| Current Drawdown | 0.00% | 0.00% |
Fundamentals
| GVA | FTNT | |
|---|---|---|
| Market Cap | $4.16B | $60.32B |
| EPS | $2.45 | $1.67 |
| PE Ratio | 38.83 | 46.66 |
| PEG Ratio | 5.56 | 1.72 |
| Total Revenue (TTM) | $3.96B | $4.20B |
| Gross Profit (TTM) | $516.26M | $3.31B |
| EBITDA (TTM) | $242.12M | $1.20B |
Correlation
The correlation between GVA and FTNT is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GVA vs. FTNT - Performance Comparison
In the year-to-date period, GVA achieves a 89.40% return, which is significantly higher than FTNT's 42.97% return. Over the past 10 years, GVA has underperformed FTNT with an annualized return of 11.80%, while FTNT has yielded a comparatively higher 31.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GVA vs. FTNT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Granite Construction Incorporated (GVA) and Fortinet, Inc. (FTNT). 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.
Dividends
GVA vs. FTNT - Dividend Comparison
GVA's dividend yield for the trailing twelve months is around 0.54%, while FTNT has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GVA Granite Construction Incorporated | 0.54% | 1.02% | 1.48% | 1.34% | 1.95% | 1.88% | 1.29% | 0.82% | 0.95% | 1.21% | 1.37% | 1.49% |
FTNT Fortinet, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GVA vs. FTNT - Drawdown Comparison
The maximum GVA drawdown since its inception was -84.72%, which is greater than FTNT's maximum drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for GVA and FTNT. For additional features, visit the drawdowns tool.
Volatility
GVA vs. FTNT - Volatility Comparison
Granite Construction Incorporated (GVA) and Fortinet, Inc. (FTNT) have volatilities of 7.43% and 7.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GVA vs. FTNT - Financials Comparison
This section allows you to compare key financial metrics between Granite Construction Incorporated and Fortinet, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities