WallStSmart

Fortinet Inc (FTNT)vsUpbound Group Inc. (UPBD)

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Smart Verdict

WallStSmart Research — data-driven comparison

Fortinet Inc generates 67% more annual revenue ($7.88B vs $4.73B). FTNT leads profitability with a 29.0% profit margin vs 2.4%. UPBD appears more attractively valued with a PEG of 1.39. FTNT earns a higher WallStSmart Score of 75/100 (B+).

FTNT

Strong Buy

75

out of 100

Grade: B+

Growth: 8.7Profit: 10.0Value: 6.7Quality: 6.5
Piotroski: 5/9Altman Z: 1.50

UPBD

Buy

63

out of 100

Grade: C+

Growth: 5.3Profit: 5.5Value: 8.0Quality: 4.0
Piotroski: 2/9Altman Z: 2.65
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FTNTUndervalued (+58.4%)

Margin of Safety

+58.4%

Fair Value

$285.80

Current Price

$129.54

$156.26 discount

UndervaluedFair: $285.80Overvalued
UPBDUndervalued (+33.7%)

Margin of Safety

+33.7%

Fair Value

$29.86

Current Price

$23.88

$5.98 discount

UndervaluedFair: $29.86Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FTNT6 strengths · Avg: 9.2/10
Return on EquityProfitability
101.6%10/10

Every $100 of equity generates 102 in profit

Operating MarginProfitability
33.8%10/10

Strong operational efficiency at 33.8%

Market CapQuality
$99.98B9/10

Large-cap with strong market position

Profit MarginProfitability
29.0%9/10

Keeps 29 of every $100 in revenue as profit

Debt/EquityHealth
0.229/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
20.5%8/10

Revenue surging 20.5% year-over-year

UPBD3 strengths · Avg: 8.7/10
EPS GrowthGrowth
163.6%10/10

Earnings expanding 163.6% YoY

P/E RatioValuation
13.0x8/10

Attractively priced relative to earnings

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

Areas to Watch

FTNT3 concerns · Avg: 2.7/10
Altman Z-ScoreHealth
1.504/10

Distress zone — elevated risk

P/E RatioValuation
44.5x2/10

Premium valuation, high expectations priced in

Price/BookValuation
42.3x2/10

Trading at 42.3x book value

UPBD4 concerns · Avg: 2.8/10
Market CapQuality
$1.47B3/10

Smaller company, higher risk/reward

Profit MarginProfitability
2.4%3/10

2.4% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Revenue GrowthGrowth
-1.6%2/10

Revenue declined 1.6%

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 29.0% and operating margin at 33.8%. Revenue growth of 20.5% demonstrates continued momentum.

Bull Case : UPBD

The strongest argument for UPBD centers on EPS Growth, P/E Ratio, Price/Book. PEG of 1.39 suggests the stock is reasonably priced for its growth.

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 : UPBD

The primary concerns for UPBD are Market Cap, Profit Margin, Piotroski F-Score. Debt-to-equity of 2.17 is elevated, increasing financial risk. Thin 2.4% margins leave little buffer for downturns.

Key Dynamics to Monitor

FTNT profiles as a growth stock while UPBD is a value play — different risk/reward profiles.

UPBD carries more volatility with a beta of 1.78 — expect wider price swings.

FTNT is growing revenue faster at 20.5% — sustainability is the question.

FTNT generates stronger free cash flow (882M), providing more financial flexibility.

Bottom Line

FTNT scores higher overall (75/100 vs 63/100), backed by strong 29.0% margins and 20.5% revenue growth. UPBD offers better value entry with a 33.7% margin of safety. 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.

Upbound Group Inc.

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Upbound Group, Inc., an omni-channel platform company, leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. The company is headquartered in Plano, Texas.

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