FO

Fortinet IncDUS Fortinet Stock Report

Last reporting period 30 Sep, 2024

Updated 22 Nov, 2024

Last price

Market cap $B

59.25

Mega

Exchange

XDUS - Boerse Duesseldorf

View Section: Eyestock Rating

Fortinet Fair Value

FO

The fair market value of FO8.DU stock is 100.58 EUR. Relative to the market price of 89.75 EUR Fortinet is undervalued by 7.5%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 7.5%
100.58 EUR
FO8.DU Fair Value
89.75 EUR
Market price of FO8.DU

Fortinet Valuation

Current FO8.DU share ticker price is 89.75 EUR.

The fair value level of 100.58 EUR can be considered as an effective entry point for long-term investors to start investing in FO8.DU stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 12% lower its fair value

Min value

Current price is 16% higher its minimum value

Max value

Current price is 72% lower its maximum value

26.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

FO8.DU stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Fortinet Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

80.79

2

Median P/E over 5 years

52.74

3

Minimum P/E over 5 years

39.6

4

Earning per share (last 12 months)

2 USD

Maximum value

1

x

4

=

154.08 EUR

Fair value

2

x

4

=

100.58 EUR

Minimum value

3

x

4

=

75.53 EUR

Fortinet Inc price metrics

34.62

Annual return (geometric mean)

45.72

Risk (standard deviation) of returns

β

1.29

Beta (volatility compared to market)

It means that FO8.DU stock is more volatile than the broader market

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View Section: Profitability