Fortinet Inc (FTNT)vsNetApp Inc (NTAP)
FTNT
Fortinet Inc
$118.84
-3.00%
TECHNOLOGY · Cap: $99.98B
NTAP
NetApp Inc
$169.19
-0.11%
TECHNOLOGY · Cap: $43.93B
Smart Verdict
WallStSmart Research — data-driven comparison
Fortinet Inc generates 7% more annual revenue ($7.88B vs $7.39B). FTNT leads profitability with a 29.0% profit margin vs 19.2%. FTNT appears more attractively valued with a PEG of 1.50. FTNT earns a higher WallStSmart Score of 75/100 (B+).
FTNT
Strong Buy75
out of 100
Grade: B+
NTAP
Strong Buy70
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+52.5%
Fair Value
$286.50
Current Price
$118.84
$167.66 discount
Intrinsic value data unavailable for NTAP.
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Every $100 of equity generates 137 in profit
Strong operational efficiency at 33.8%
Large-cap with strong market position
Keeps 29 of every $100 in revenue as profit
Revenue surging 20.5% year-over-year
Earnings expanding 38.7% YoY
Every $100 of equity generates 95 in profit
Earnings expanding 63.5% YoY
Strong operational efficiency at 26.7%
Revenue surging 29.9% year-over-year
Areas to Watch
Distress zone — elevated risk
Premium valuation, high expectations priced in
Trading at 38.8x book value
Premium valuation, high expectations priced in
Elevated debt levels
Expensive relative to growth rate
Trading at 22.2x book value
Comparative Analysis Report
WallStSmart ResearchBull Case : FTNT
The strongest argument for FTNT centers on Return on Equity, Operating Margin, Market Cap. Profitability is solid with margins at 29.0% and operating margin at 33.8%. Revenue growth of 20.5% demonstrates continued momentum.
Bull Case : NTAP
The strongest argument for NTAP centers on Return on Equity, EPS Growth, Operating Margin. Profitability is solid with margins at 19.2% and operating margin at 26.7%. Revenue growth of 29.9% demonstrates continued momentum.
Bear Case : FTNT
The primary concerns for FTNT are Altman Z-Score, P/E Ratio, Price/Book. A P/E of 44.5x leaves little room for execution misses.
Bear Case : NTAP
The primary concerns for NTAP are P/E Ratio, Debt/Equity, PEG Ratio. Debt-to-equity of 1.69 is elevated, increasing financial risk.
Key Dynamics to Monitor
NTAP carries more volatility with a beta of 1.45 — expect wider price swings.
NTAP is growing revenue faster at 29.9% — sustainability is the question.
FTNT generates stronger free cash flow (966M), providing more financial flexibility.
Monitor SOFTWARE - INFRASTRUCTURE industry trends, competitive dynamics, and regulatory changes.
Bottom Line
FTNT scores higher overall (75/100 vs 70/100), backed by strong 29.0% margins and 20.5% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Fortinet Inc
TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA
Fortinet (Nasdaq: FTNT) is an American multinational corporation headquartered in Sunnyvale, California. It develops and sells cybersecurity solutions, including but not limited to physical products such as firewalls, plus software and services such as anti-virus protection, intrusion prevention systems and endpoint security components.
NetApp Inc
TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA
NetApp, Inc. is an American hybrid cloud data services and data management company headquartered in Sunnyvale, California. Founded in 1992 with an IPO in 1995, NetApp offers cloud data services for management of applications and data both online and physically.
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