WallStSmart

Corpay Inc (CPAY)vsFortinet Inc (FTNT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Fortinet Inc generates 50% more annual revenue ($7.53B vs $5.02B). FTNT leads profitability with a 28.2% profit margin vs 22.7%. CPAY appears more attractively valued with a PEG of 0.76. FTNT earns a higher WallStSmart Score of 73/100 (B).

CPAY

Strong Buy

70

out of 100

Grade: B-

Growth: 5.3Profit: 8.5Value: 7.3Quality: 3.0
Piotroski: 2/9Altman Z: 1.06

FTNT

Strong Buy

73

out of 100

Grade: B

Growth: 8.7Profit: 9.5Value: 5.3Quality: 6.0
Piotroski: 5/9Altman Z: 1.50
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CPAYUndervalued (+26.4%)

Margin of Safety

+26.4%

Fair Value

$470.77

Current Price

$397.22

$73.55 discount

UndervaluedFair: $470.77Overvalued
FTNTUndervalued (+37.4%)

Margin of Safety

+37.4%

Fair Value

$275.55

Current Price

$174.26

$101.29 discount

UndervaluedFair: $275.55Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CPAY6 strengths · Avg: 8.8/10
Return on EquityProfitability
32.2%10/10

Every $100 of equity generates 32 in profit

Operating MarginProfitability
46.9%10/10

Strong operational efficiency at 46.9%

Profit MarginProfitability
22.7%9/10

Keeps 23 of every $100 in revenue as profit

PEG RatioValuation
0.768/10

Growing faster than its price suggests

Revenue GrowthGrowth
21.5%8/10

Revenue surging 21.5% year-over-year

Free Cash FlowQuality
$1.42B8/10

Generating 1.4B in free cash flow

FTNT6 strengths · Avg: 9.0/10
Return on EquityProfitability
136.7%10/10

Every $100 of equity generates 137 in profit

Operating MarginProfitability
33.6%10/10

Strong operational efficiency at 33.6%

Market CapQuality
$114.51B9/10

Large-cap with strong market position

Profit MarginProfitability
28.2%9/10

Keeps 28 of every $100 in revenue as profit

Revenue GrowthGrowth
25.6%8/10

Revenue surging 25.6% year-over-year

EPS GrowthGrowth
43.9%8/10

Earnings expanding 43.9% YoY

Areas to Watch

CPAY4 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-7.0%2/10

Earnings declined 7.0%

Altman Z-ScoreHealth
1.062/10

Distress zone — elevated risk

Debt/EquityHealth
3.001/10

Elevated debt levels

FTNT4 concerns · Avg: 3.0/10
PEG RatioValuation
1.744/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.504/10

Distress zone — elevated risk

P/E RatioValuation
56.1x2/10

Premium valuation, high expectations priced in

Price/BookValuation
82.6x2/10

Trading at 82.6x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : CPAY

The strongest argument for CPAY centers on Return on Equity, Operating Margin, Profit Margin. Profitability is solid with margins at 22.7% and operating margin at 46.9%. Revenue growth of 21.5% demonstrates continued momentum.

Bull Case : FTNT

The strongest argument for FTNT centers on Return on Equity, Operating Margin, Market Cap. Profitability is solid with margins at 28.2% and operating margin at 33.6%. Revenue growth of 25.6% demonstrates continued momentum.

Bear Case : CPAY

The primary concerns for CPAY are Piotroski F-Score, EPS Growth, Altman Z-Score. Debt-to-equity of 3.00 is elevated, increasing financial risk.

Bear Case : FTNT

The primary concerns for FTNT are PEG Ratio, Altman Z-Score, P/E Ratio. A P/E of 56.1x leaves little room for execution misses.

Key Dynamics to Monitor

FTNT carries more volatility with a beta of 1.06 — expect wider price swings.

FTNT is growing revenue faster at 25.6% — sustainability is the question.

CPAY generates stronger free cash flow (1.4B), providing more financial flexibility.

Monitor SOFTWARE - INFRASTRUCTURE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

FTNT scores higher overall (73/100 vs 70/100), backed by strong 28.2% margins and 25.6% revenue growth. CPAY offers better value entry with a 26.4% margin of safety. 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.

Corpay Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Corpay Inc. is a prominent player in the integrated payment solutions space, specializing in transforming corporate payables and receivables for diverse industries. With a focus on advanced technology and data analytics, Corpay not only boosts cash flow and operational efficiency but also empowers clients to prioritize their core business activities. The firm’s extensive range of financial services, combined with a steadfast dedication to customer satisfaction and regulatory adherence, positions it as an essential partner for businesses operating globally. As the fintech landscape undergoes rapid evolution, Corpay stands out as a compelling investment opportunity for institutional investors aiming to tap into growth within this dynamic sector.

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.

Want to dig deeper into these stocks?