Fortinet Ev To Sales from 2010 to 2024

FTNT Stock  USD 94.02  1.57  1.70%   
Fortinet EV To Sales yearly trend continues to be comparatively stable with very little volatility. EV To Sales will likely drop to 5.16 in 2024. EV To Sales is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. View All Fundamentals
 
EV To Sales  
First Reported
2010-12-31
Previous Quarter
8.5290601
Current Value
5.16
Quarterly Volatility
3.32710434
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
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Latest Fortinet's Ev To Sales Growth Pattern

Below is the plot of the Ev To Sales of Fortinet over the last few years. It is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. Fortinet's EV To Sales historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Ev To Sales10 Years Trend
Slightly volatile
   Ev To Sales   
       Timeline  

Fortinet Ev To Sales Regression Statistics

Arithmetic Mean7.04
Geometric Mean6.52
Coefficient Of Variation47.23
Mean Deviation2.23
Median6.00
Standard Deviation3.33
Sample Variance11.07
Range13.9332
R-Value0.40
Mean Square Error10.01
R-Squared0.16
Significance0.14
Slope0.30
Total Sum of Squares154.97

Fortinet Ev To Sales History

2024 5.16
2023 8.53
2022 8.6
2021 17.45
2020 9.01
2019 7.92
2018 6.0

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Ev To Sales, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
EV To Sales 8.53  5.16 

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.