WallStSmart

Fortinet Inc (FTNT)vsZeta Global Holdings Corp (ZETA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Fortinet Inc generates 395% more annual revenue ($7.11B vs $1.44B). FTNT leads profitability with a 27.5% profit margin vs -1.6%. ZETA appears more attractively valued with a PEG of 0.77. 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

ZETA

Hold

43

out of 100

Grade: D

Growth: 7.3Profit: 2.5Value: 5.7Quality: 6.0
Piotroski: 3/9Altman Z: 0.70
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FTNTUndervalued (+45.3%)

Margin of Safety

+45.3%

Fair Value

$264.55

Current Price

$149.67

$114.88 discount

UndervaluedFair: $264.55Overvalued
ZETAOvervalued (-9.9%)

Margin of Safety

-9.9%

Fair Value

$17.19

Current Price

$23.14

$5.95 premium

UndervaluedFair: $17.19Overvalued

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
$109.52B9/10

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

ZETA3 strengths · Avg: 9.0/10
Revenue GrowthGrowth
49.9%10/10

Revenue surging 49.9% year-over-year

Debt/EquityHealth
0.259/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.778/10

Growing faster than its price suggests

Areas to Watch

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

Distress zone — elevated risk

PEG RatioValuation
3.372/10

Expensive relative to growth rate

P/E RatioValuation
57.7x2/10

Premium valuation, high expectations priced in

Price/BookValuation
110.9x2/10

Trading at 110.9x book value

ZETA4 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-2.6%2/10

ROE of -2.6% — below average capital efficiency

EPS GrowthGrowth
-51.1%2/10

Earnings declined 51.1%

Altman Z-ScoreHealth
0.702/10

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

Bull Case : ZETA

The strongest argument for ZETA centers on Revenue Growth, Debt/Equity, PEG Ratio. Revenue growth of 49.9% demonstrates continued momentum. PEG of 0.77 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 57.7x leaves little room for execution misses.

Bear Case : ZETA

The primary concerns for ZETA are Piotroski F-Score, Return on Equity, EPS Growth.

Key Dynamics to Monitor

FTNT profiles as a growth stock while ZETA is a hypergrowth play — different risk/reward profiles.

ZETA carries more volatility with a beta of 1.34 — expect wider price swings.

ZETA is growing revenue faster at 49.9% — 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 43/100), 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.

Zeta Global Holdings Corp

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Zeta Global Holdings Corp. (Ticker: ZETA) is a U.S. technology company that operates an AI-powered, data-driven marketing cloud platform designed to help enterprises understand, acquire, grow, and retain customers. Its software combines consumer intelligence with marketing automation tools—using advanced analytics and machine learning to deliver personalized campaigns across channels like email, social media, web, video, and more. Founded in 2007 and headquartered in New York, it serves clients across various industries and is traded on the New York Stock Exchange under the ticker ZETA.

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