FTNTCAUTIOUS

EV/EBITDA

47.7x

Updated 154h ago

Sector Performance

93th percentile

FTNT

47.7x

Sector Median

13.7x

Sector Avg

18.7x

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Deep Analysis

FTNT's current EV/EBITDA of 47.7x means that for each dollar of its earnings before interest, taxes, depreciation, and amortization, investors are paying $47.70 for the entire company's value (including debt).

This multiple is far above the sector median of 13.4x, placing FTNT in the 93rd percentile among peers, indicating it is much more expensive than the typical company in its industry. The year-over-year change is not available, but the quarter-over-quarter increase of +6.6% from 44.8x to 47.7x shows that the valuation has expanded recently. A combination of an already very high valuation and a rising multiple suggests increased risk, as the stock price may already reflect optimistic expectations and any miss could lead to a sharp correction. This elevated level and upward trend contradict the overall CAUTIOUS verdict, supporting a more defensive stance rather than a bullish one.

Frequently Asked Questions

What does the EV/EBITDA tell investors about FTNT?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are FTNT's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: LSPD (-24.2x), BRZE (-24.5x), EVGO (-25.7x), NIO (-36.8x), SNAP (-38.8x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.