WallStSmart

FatPipe, Inc. Common Stock (FATN)vsPalo Alto Networks Inc (PANW)

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Smart Verdict

WallStSmart Research — data-driven comparison

Palo Alto Networks Inc generates 62608% more annual revenue ($9.89B vs $15.78M). PANW leads profitability with a 13.0% profit margin vs 4.1%. FATN trades at a lower P/E of 34.4x. PANW earns a higher WallStSmart Score of 58/100 (C).

FATN

Hold

47

out of 100

Grade: D+

Growth: 6.0Profit: 5.0Value: 7.7Quality: 5.0

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

FATNUndervalued (+19.2%)

Margin of Safety

+19.2%

Fair Value

$2.34

Current Price

$1.73

$0.61 discount

UndervaluedFair: $2.34Overvalued
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

FATN2 strengths · Avg: 9.0/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
29.8%8/10

Revenue surging 29.8% year-over-year

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

FATN4 concerns · Avg: 3.5/10
P/E RatioValuation
34.4x4/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
3.3%4/10

3.3% earnings growth

Market CapQuality
$23.95M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
3.4%3/10

ROE of 3.4% — below average capital efficiency

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 : FATN

The strongest argument for FATN centers on Price/Book, Revenue Growth. Revenue growth of 29.8% 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 : FATN

The primary concerns for FATN are P/E Ratio, EPS Growth, Market Cap. Thin 4.1% margins leave little buffer for downturns.

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

FATN profiles as a growth stock while PANW is a value play — different risk/reward profiles.

FATN is growing revenue faster at 29.8% — sustainability is the question.

PANW generates stronger free cash flow (470M), providing more financial flexibility.

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

Bottom Line

PANW scores higher overall (58/100 vs 47/100) and 14.9% revenue growth. FATN offers better value entry with a 19.2% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

FatPipe, Inc. Common Stock

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

FatPipe, Inc. develops secure software-defined wide area network (SD-WAN), secure access service edge (SASE), and network monitoring service (NMS) software solutions for organizations in the United States and internationally. The company is headquartered in Salt Lake City, Utah.

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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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