WallStSmart

Fortinet Inc (FTNT)vsSynaptics Incorporated (SYNA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Fortinet Inc generates 507% more annual revenue ($7.11B vs $1.17B). FTNT leads profitability with a 27.5% profit margin vs -4.1%. SYNA appears more attractively valued with a PEG of 0.51. FTNT earns a higher WallStSmart Score of 67/100 (B-).

FTNT

Strong Buy

67

out of 100

Grade: B-

Growth: 8.0Profit: 9.5Value: 4.7Quality: 5.5
Piotroski: 5/9Altman Z: 1.50

SYNA

Hold

41

out of 100

Grade: D

Growth: 3.3Profit: 2.0Value: 5.0Quality: 7.0
Piotroski: 4/9Altman Z: 1.89
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FTNTUndervalued (+43.0%)

Margin of Safety

+43.0%

Fair Value

$262.87

Current Price

$154.25

$108.62 discount

UndervaluedFair: $262.87Overvalued
SYNASignificantly Overvalued (-30.7%)

Margin of Safety

-30.7%

Fair Value

$69.44

Current Price

$103.64

$34.20 premium

UndervaluedFair: $69.44Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FTNT6 strengths · Avg: 9.0/10
Return on EquityProfitability
197.5%10/10

Every $100 of equity generates 197 in profit

Operating MarginProfitability
31.3%10/10

Strong operational efficiency at 31.3%

Market CapQuality
$113.60B9/10

Large-cap with strong market position

Profit MarginProfitability
27.5%9/10

Keeps 28 of every $100 in revenue as profit

Revenue GrowthGrowth
20.1%8/10

Revenue surging 20.1% year-over-year

EPS GrowthGrowth
28.6%8/10

Earnings expanding 28.6% YoY

SYNA2 strengths · Avg: 8.0/10
PEG RatioValuation
0.518/10

Growing faster than its price suggests

Price/BookValuation
3.0x8/10

Reasonable price relative to book value

Areas to Watch

FTNT4 concerns · Avg: 2.5/10
Altman Z-ScoreHealth
1.504/10

Distress zone — elevated risk

PEG RatioValuation
3.572/10

Expensive relative to growth rate

P/E RatioValuation
61.3x2/10

Premium valuation, high expectations priced in

Price/BookValuation
114.3x2/10

Trading at 114.3x book value

SYNA4 concerns · Avg: 2.3/10
Altman Z-ScoreHealth
1.894/10

Grey zone — moderate risk

Return on EquityProfitability
-3.5%2/10

ROE of -3.5% — below average capital efficiency

EPS GrowthGrowth
-83.6%2/10

Earnings declined 83.6%

Profit MarginProfitability
-4.1%1/10

Currently unprofitable

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 27.5% and operating margin at 31.3%. Revenue growth of 20.1% demonstrates continued momentum.

Bull Case : SYNA

The strongest argument for SYNA centers on PEG Ratio, Price/Book. Revenue growth of 10.4% demonstrates continued momentum. PEG of 0.51 suggests the stock is reasonably priced for its growth.

Bear Case : FTNT

The primary concerns for FTNT are Altman Z-Score, PEG Ratio, P/E Ratio. A P/E of 61.3x leaves little room for execution misses.

Bear Case : SYNA

The primary concerns for SYNA are Altman Z-Score, Return on Equity, EPS Growth.

Key Dynamics to Monitor

FTNT profiles as a growth stock while SYNA is a turnaround play — different risk/reward profiles.

SYNA carries more volatility with a beta of 1.98 — expect wider price swings.

FTNT is growing revenue faster at 20.1% — sustainability is the question.

FTNT generates stronger free cash flow (1.0B), providing more financial flexibility.

Bottom Line

FTNT scores higher overall (67/100 vs 41/100), backed by strong 27.5% margins and 20.1% revenue growth. Both earn "Strong 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.

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.

Synaptics Incorporated

TECHNOLOGY · SEMICONDUCTORS · USA

Synaptics Incorporated develops, markets and sells intuitive human interface solutions for electronic devices and products globally. The company is headquartered in San Jose, California.

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