Fortinet Inc (FTNT)vsOndas Holdings Inc. (ONDS)
FTNT
Fortinet Inc
$122.50
-5.32%
TECHNOLOGY · Cap: $99.98B
ONDS
Ondas Holdings Inc.
$4.55
-14.23%
TECHNOLOGY · Cap: $3.68B
Smart Verdict
WallStSmart Research — data-driven comparison
Fortinet Inc generates 4427% more annual revenue ($7.88B vs $174.10M). ONDS leads profitability with a 96.3% profit margin vs 29.0%. FTNT earns a higher WallStSmart Score of 75/100 (B+).
FTNT
Strong Buy75
out of 100
Grade: B+
ONDS
Buy50
out of 100
Grade: C-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+52.5%
Fair Value
$286.50
Current Price
$122.50
$164.00 discount
Intrinsic value data unavailable for ONDS.
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
Keeps 96 of every $100 in revenue as profit
Revenue surging 1235.0% year-over-year
Conservative balance sheet, low leverage
Every $100 of equity generates 23 in profit
Reasonable price relative to book value
Areas to Watch
Distress zone — elevated risk
Premium valuation, high expectations priced in
Trading at 40.0x book value
0.0% earnings growth
Negative free cash flow — burning cash
Distress zone — elevated risk
Operating margin of -166.3%
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 : ONDS
The strongest argument for ONDS centers on Profit Margin, Revenue Growth, Debt/Equity. Profitability is solid with margins at 96.3% and operating margin at -166.3%. Revenue growth of 1235.0% 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 : ONDS
The primary concerns for ONDS are EPS Growth, Free Cash Flow, Altman Z-Score.
Key Dynamics to Monitor
ONDS carries more volatility with a beta of 2.92 — expect wider price swings.
ONDS is growing revenue faster at 1235.0% — 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 50/100), backed by strong 29.0% margins and 20.5% revenue growth. Both earn "Strong Buy" and "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.
Ondas Holdings Inc.
TECHNOLOGY · COMMUNICATION EQUIPMENT · USA
Ondas Holdings Inc. designs, develops, manufactures, sells, and supports the FullMAX software-defined radio (SDR) platform in the United States and internationally. The company is headquartered in Nantucket, Massachusetts.
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