Fortinet Inc. (FTNT)

$ 104.94
   
  • Change Today:
    $1.44
  • 52 Week High: $114.57
  • 52 Week Low: $55.83
  • Currency: US Dollars
  • Shares Issued: 767.00m
  • Volume: 3,296,652
  • Market Cap: $80,489m
  • RiskGrade: 160

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 5,955.80 5,304.80 4,417.40 3,342.20 2,594.40
Operating Profit/(Loss) 1,803.40 1,241.10 969.60 650.40 531.80
Profit Before Tax 2,058.50 1,333.70 955.50 628.40 541.70
Profit After Tax 1,745.20 1,147.80 856.60 606.70 488.50
           
Earnings per Share - Basic 228.00¢ 147.00¢ 108.00¢ 74.40¢ 59.60¢
Earnings per Share - Adjusted 228.00¢ 147.00¢ 108.00¢ 74.40¢ 59.60¢
           
Dividend per Share n/a n/a n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 1,349.50 1,044.40 898.50 786.60 448.00
Intangible Assets 350.40 161.80 184.00 188.70 124.60
Other Non-Current Assets 2,091.70 1,624.40 1,335.10 1,343.20 731.50
  3,791.60 2,830.60 2,417.60 2,318.50 1,304.10
Current Assets          
Inventories 315.50 484.80 264.60 175.80 139.80
Cash at Bank & in Hand 2,875.90 1,397.90 1,682.90 1,319.10 1,061.80
Other Current Assets 2,780.10 2,545.60 1,862.90 2,105.70 1,538.80
  5,971.50 4,428.30 3,810.40 3,600.60 2,740.40
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 9,763.10 7,258.90 6,228.00 5,919.10 4,044.50
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 4,060.70 3,719.00 3,078.40 2,318.10 1,829.50
           
Current Liabilities 4,060.70 3,719.00 3,078.40 2,318.10 1,829.50
           
Net Current Assets c1,910.80 c709.30 c732.00 c1,282.50 c910.90
           
Borrowings 994.30 992.30 990.40 n/a n/a
Other Non-Current Liabilities 3,214.30 3,011.00 2,440.80 2,802.60 1,359.00
Non-Current Liabilities 4,208.60 4,003.30 3,431.20 2,802.60 1,359.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 8,269.30 7,722.30 6,509.60 5,120.70 3,188.50
           
Net Assets 1,493.80 (463.40) (281.60) 798.40 856.00
           
Shareholders Funds 1,493.80 (463.40) (281.60) 781.70 856.00
           
Minority Interests/Other Equity n/a n/a n/a 16.70 n/a
Total Equity 1,493.80 (463.40) (281.60) 798.40 856.00
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 2,258.10 1,935.50 1,730.60 1,499.70 1,083.70
Net Cash Flow from Investing Activities (727.40) (649.30) 763.90 (1,325.10) (72.80)
Net Cash Flow from Financing Activities (52.70) (1,571.20) (2,130.70) 82.70 (1,171.60)
Net Increase/Decrease In Cash 1,478.00 (285.00) 363.80 257.30 (160.70)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 41.4 39.8 45.3 96.6 49.8
PEG - Adjusted 0.8 1.1 1.0 3.9 0.9
Earnings per Share Growth - Adjusted 55% 36% 45% 25% 54%
Dividend Cover n/a n/a n/a n/a n/a
Revenue per Share 776.51¢ 691.63¢ 575.93¢ 435.75¢ 338.25¢
Pre-Tax Profit per Share 268.38¢ 173.88¢ 124.58¢ 81.93¢ 70.63¢
Operating Margin 30.28% 23.40% 21.95% 19.46% 20.50%
Return on Capital Employed 96.30% 363.31% 182.07% 103.07% 74.06%
           
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend per Share Growth n/a n/a n/a n/a n/a
Operating Cash Flow per Share 294.41¢ 252.35¢ 225.63¢ 195.53¢ 141.29¢
Cash Incr/Decr per Share 192.70¢ (37.16¢) 47.43¢ 33.55¢ (20.95¢)
Net Asset Value per Share (exc. Intangibles) 149.07¢ (81.51¢) (60.70¢) 79.49¢ 95.36¢
Net Gearing n/a 87.53% 245.92% n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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