WallStSmart

Fortinet Inc (FTNT)vsSS&C Technologies Holdings Inc (SSNC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Fortinet Inc generates 15% more annual revenue ($7.53B vs $6.56B). FTNT leads profitability with a 28.2% profit margin vs 13.2%. SSNC appears more attractively valued with a PEG of 0.79. SSNC earns a higher WallStSmart Score of 74/100 (B).

FTNT

Strong Buy

73

out of 100

Grade: B

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

SSNC

Strong Buy

74

out of 100

Grade: B

Growth: 7.3Profit: 6.5Value: 8.0Quality: 4.0
Piotroski: 2/9Altman Z: 1.13
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FTNTUndervalued (+43.5%)

Margin of Safety

+43.5%

Fair Value

$276.16

Current Price

$156.07

$120.09 discount

UndervaluedFair: $276.16Overvalued
SSNCUndervalued (+46.5%)

Margin of Safety

+46.5%

Fair Value

$136.15

Current Price

$80.27

$55.88 discount

UndervaluedFair: $136.15Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

SSNC4 strengths · Avg: 8.0/10
PEG RatioValuation
0.798/10

Growing faster than its price suggests

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
24.6%8/10

Strong operational efficiency at 24.6%

EPS GrowthGrowth
34.7%8/10

Earnings expanding 34.7% YoY

Areas to Watch

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
74.0x2/10

Trading at 74.0x book value

SSNC3 concerns · Avg: 2.7/10
Debt/EquityHealth
1.173/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.132/10

Distress zone — elevated risk

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 28.2% and operating margin at 33.6%. Revenue growth of 25.6% demonstrates continued momentum.

Bull Case : SSNC

The strongest argument for SSNC centers on PEG Ratio, Price/Book, Operating Margin. Revenue growth of 10.3% demonstrates continued momentum. PEG of 0.79 suggests the stock is reasonably priced for its growth.

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.

Bear Case : SSNC

The primary concerns for SSNC are Debt/Equity, Piotroski F-Score, Altman Z-Score.

Key Dynamics to Monitor

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

SSNC carries more volatility with a beta of 1.09 — expect wider price swings.

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

FTNT generates stronger free cash flow (966M), providing more financial flexibility.

Bottom Line

SSNC scores higher overall (74/100 vs 73/100) and 10.3% revenue growth. FTNT offers better value entry with a 43.5% 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.

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.

SS&C Technologies Holdings Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

SS&C Technologies Holdings, Inc. provides software products and software-enabled services to the healthcare and financial services industries. The company is headquartered in Windsor, Connecticut.

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