As of 2025-05-21, the Intrinsic Value of Fortinet Inc (FTNT) is 77.40 USD. This Fortinet valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 104.79 USD, the upside of Fortinet Inc is -26.10%.
The range of the Intrinsic Value is 49.78 - 204.30 USD
Based on its market price of 104.79 USD and our intrinsic valuation, Fortinet Inc (FTNT) is overvalued by 26.10%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 49.78 - 204.30 | 77.40 | -26.1% |
| DCF (Growth 10y) | 60.92 - 240.55 | 93.31 | -11.0% |
| DCF (EBITDA 5y) | 47.48 - 61.22 | 54.78 | -47.7% |
| DCF (EBITDA 10y) | 57.30 - 79.63 | 68.20 | -34.9% |
| Fair Value | 61.44 - 61.44 | 61.44 | -41.37% |
| P/E | 44.24 - 76.66 | 70.73 | -32.5% |
| EV/EBITDA | 31.25 - 54.73 | 38.92 | -62.9% |
| EPV | 17.48 - 24.53 | 21.00 | -80.0% |
| DDM - Stable | 25.49 - 150.00 | 87.75 | -16.3% |
| DDM - Multi | 41.89 - 197.96 | 69.86 | -33.3% |
| Market Cap (mil) | 80,133.96 |
| Beta | 1.43 |
| Outstanding shares (mil) | 764.71 |
| Enterprise Value (mil) | 77,532.26 |
| Market risk premium | 4.60% |
| Cost of Equity | 8.11% |
| Cost of Debt | 5.00% |
| WACC | 8.07% |