WallStSmart

Fortinet Inc (FTNT)vsPalo Alto Networks Inc (PANW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Palo Alto Networks Inc generates 46% more annual revenue ($9.89B vs $6.80B). FTNT leads profitability with a 27.3% profit margin vs 13.0%. FTNT appears more attractively valued with a PEG of 2.05. FTNT earns a higher WallStSmart Score of 59/100 (C).

FTNT

Buy

59

out of 100

Grade: C

Growth: 5.3Profit: 9.5Value: 7.3Quality: 5.3
Piotroski: 4/9Altman Z: 1.80

PANW

Buy

58

out of 100

Grade: C

Growth: 8.0Profit: 7.0Value: 2.0Quality: 5.0
Piotroski: 1/9Altman Z: 1.02
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FTNTSignificantly Overvalued (-433.5%)

Margin of Safety

-433.5%

Fair Value

$16.46

Current Price

$78.89

$62.43 premium

UndervaluedFair: $16.46Overvalued
PANWSignificantly Overvalued (-81.9%)

Margin of Safety

-81.9%

Fair Value

$84.24

Current Price

$153.22

$68.98 premium

UndervaluedFair: $84.24Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FTNT4 strengths · Avg: 9.5/10
Return on EquityProfitability
135.7%10/10

Every $100 of equity generates 136 in profit

Operating MarginProfitability
32.8%10/10

Strong operational efficiency at 32.8%

Market CapQuality
$59.00B9/10

Large-cap with strong market position

Profit MarginProfitability
27.3%9/10

Keeps 27 of every $100 in revenue as profit

PANW3 strengths · Avg: 9.7/10
EPS GrowthGrowth
60.5%10/10

Earnings expanding 60.5% YoY

Debt/EquityHealth
0.0410/10

Conservative balance sheet, low leverage

Market CapQuality
$128.28B9/10

Large-cap with strong market position

Areas to Watch

FTNT4 concerns · Avg: 3.5/10
PEG RatioValuation
2.054/10

Expensive relative to growth rate

P/E RatioValuation
32.8x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.804/10

Grey zone — moderate risk

Price/BookValuation
47.2x2/10

Trading at 47.2x book value

PANW4 concerns · Avg: 2.8/10
Price/BookValuation
11.5x4/10

Trading at 11.5x book value

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

PEG RatioValuation
2.962/10

Expensive relative to growth rate

P/E RatioValuation
87.3x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : FTNT

The strongest argument for FTNT centers on Return on Equity, Operating Margin, Market Cap. Profitability is solid with margins at 27.3% and operating margin at 32.8%. Revenue growth of 14.8% demonstrates continued momentum.

Bull Case : PANW

The strongest argument for PANW centers on EPS Growth, Debt/Equity, Market Cap. Revenue growth of 14.9% demonstrates continued momentum.

Bear Case : FTNT

The primary concerns for FTNT are PEG Ratio, P/E Ratio, Altman Z-Score.

Bear Case : PANW

The primary concerns for PANW are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 87.3x leaves little room for execution misses.

Key Dynamics to Monitor

FTNT profiles as a mature stock while PANW is a value play — different risk/reward profiles.

FTNT carries more volatility with a beta of 1.04 — expect wider price swings.

PANW is growing revenue faster at 14.9% — sustainability is the question.

FTNT generates stronger free cash flow (577M), providing more financial flexibility.

Bottom Line

FTNT scores higher overall (59/100 vs 58/100), backed by strong 27.3% margins and 14.8% revenue growth. Both earn "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.

Palo Alto Networks Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Palo Alto Networks, Inc. provides cybersecurity platform solutions globally. The company is headquartered in Santa Clara, California.

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