Compare Stocks › FTNT vs GS
Fortinet, Inc. (FTNT) vs The Goldman Sachs Group, Inc. (GS)
FTNT
Fortinet, Inc.
$83.12
VS
GS
The Goldman Sachs Group, Inc.
$809.50
Rewards
FTNT
- ★Fortinet, Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
- ★Gross margin of 80.5% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Fortinet, Inc. scores 86/100 on the Economic Moat Score (Wide Moat), with revenue predictability as the strongest competitive dimension.
GS
- ★Gross margin of 82.9% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Share count has been reduced by 11% over the past 4 years through buybacks, increasing each share's claim on earnings.
- ★Each dollar of retained earnings has created $5.60 of market value — management is an exceptional capital allocator.
Risks
FTNT
- ⚠FCF yield of 2.8% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
- ⚠Insiders have sold $42.3M worth of stock in the past 3 months — significant insider liquidation.
GS
- ⚠The Goldman Sachs Group, Inc. scores only 26/100 on the Economic Moat Score, suggesting limited durable competitive advantages.
- ⚠High leverage (5.96x debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
- ⚠Altman Z-Score of 0.25 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.
Key Valuation Metrics
Learn more →FTNT
GS
Valuation
$1.75B
Free Cash Flow
N/A
2.83%
FCF Yield
N/A
34.35
Trailing P/E
15.77
25.12
Forward P/E
12.45
Quality & Moat
76.55%
ROIC
2.06%
149.77%
ROE
13.00%
80.46%
Gross Margin
82.88%
N/A
PEG Ratio
0.91
Balance Sheet Safety
0.86
Debt / Equity
5.96
N/A
Interest Coverage
N/A
-1.13
Net Debt / EBITDA
N/A
N/A
Dividend Yield
2.22%
FTNT: 3Ties: 2GS: 2
FTNTGS
Historical Fundamentals
Learn more →FTNT
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
GS
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →FTNT
$4.38
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$4.75B
Δ Market Cap
+$20.79B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
GS
$5.60
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$26.00B
Δ Market Cap
+$145.60B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →FTNT
21.6% Overvalued
Price is 21.6% above estimated fair value
Current Price: $83.12
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $68.36
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
GS
65.1% Margin of Safety
Price is 65.1% below estimated fair value
Current Price: $809.50
Strongly undervalued
Fairly valued
Strongly overvalued
Fair Value: $2319.70
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →FTNT
What growth rate is the market pricing in at $83?
+14.1%
Market-Implied Owner Earnings Growth
Standard FCF implies +14.9%
The market implies +14.1% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding +14.9%, reflecting heavy growth investment expected to generate future returns.
GS
Requires positive FCF to compute implied growth rate.
Economic Moat Score
Learn more →FTNT
86/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None
Wide moat with strength across all dimensions. Revenue Predictability is the standout factor.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
GS
26/100
No Moat
70+ Wide · 40-69 Narrow · <40 None
No durable moat detected, though reinvestment efficiency shows some competitive positioning. The business lacks consistent evidence of sustainable advantages.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →FTNT
-2.61
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
GS
-2.00
Possible Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →FTNT
Insiders 17.4%Institutions 71.6%Retail & Other 11.0%
No. of Institutional Holders1,972
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
GS
Insiders 0.5%Institutions 75.7%Retail & Other 23.8%
No. of Institutional Holders3,730
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →FTNT
0
Buys (3M)
1
Buys (12M)
Total value (12M): $34,912
NEUKOM WILLIAM H
Director
$34,912
@ $104.21 · 2025-06-06
NEUKOM WILLIAM H
Director
$34,878
@ $106.34 · 2025-03-06
NEUKOM WILLIAM H
Director
$34,968
@ $98.50 · 2024-12-06
NEUKOM WILLIAM H
Director
$34,898
@ $59.55 · 2024-06-06
Open market purchases · includes direct & indirect ownership · excludes option exercises
GS
0
Buys (3M)
1
Buys (12M)
Total value (12M): $2.00M
HESS JOHN B JR.
Director
$2.00M
@ $511.68 · 2025-04-15
JOHNSON KEVIN RONALD
Director
$1.49M
@ $619.02 · 2025-01-17
FLAHERTY MARK A
Director
$29,545
@ $360.30 · 2024-09-27
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →FTNT
3
Sells (3M)
12
Sells (12M)
Total value (12M): $136.18M
OHLGART CHRISTIANE MARGRIT
Chief Financial Officer
$40,930
@ $80.73 · 2026-02-03
XIE MICHAEL
Chief Technology Officer
$27.94M
@ $81.42 · 2026-02-02
XIE KENNETH QING
Chief Executive Officer
$14.31M
@ $81.42 · 2026-02-02
OHLGART CHRISTIANE MARGRIT
Chief Financial Officer
$9,515
@ $86.50 · 2025-11-04
XIE MICHAEL
Chief Technology Officer
$306,825
@ $86.53 · 2025-11-03
XIE KENNETH QING
Chief Executive Officer
$13.71M
@ $86.51 · 2025-11-03
OHLGART CHRISTIANE MARGRIT
Chief Financial Officer
$10,830
@ $98.45 · 2025-08-05
XIE MICHAEL
Officer and Director
$46.94M
@ $98.48 · 2025-08-04
XIE KENNETH QING
Chief Executive Officer
$15.61M
@ $98.48 · 2025-08-04
OHLGART CHRISTIANE MARGRIT
Chief Financial Officer
$121,883
@ $104.71 · 2025-06-06
XIE MICHAEL
Chief Technology Officer
$376,274
@ $106.11 · 2025-05-02
XIE KENNETH QING
Chief Executive Officer
$16.81M
@ $106.10 · 2025-05-02
GOLDMAN KENNETH ALLEN
Director
$200,000
@ $100.00 · 2025-03-12
XIE MICHAEL
Chief Technology Officer
$32.08M
@ $98.17 · 2025-03-11
GOLDMAN KENNETH ALLEN
Director
$99,320
@ $99.32 · 2025-03-10
XIE KENNETH QING
Chief Executive Officer
$19.97M
@ $96.93 · 2025-03-10
JENSEN KEITH FRANKLIN
Chief Financial Officer
$1.93M
@ $109.18 · 2025-02-26
JENSEN KEITH FRANKLIN
Chief Financial Officer
$2.67M
@ $113.56 · 2025-02-19
XIE KENNETH QING
Chief Executive Officer
$4.89M
@ $107.68 · 2025-02-12
XIE KENNETH QING
Chief Executive Officer
$4.27M
@ $92.79 · 2025-01-15
XIE KENNETH QING
Chief Executive Officer
$4.43M
@ $96.70 · 2024-12-18
JENSEN KEITH FRANKLIN
Chief Financial Officer
$1.69M
@ $95.66 · 2024-11-26
JENSEN KEITH FRANKLIN
Chief Financial Officer
$386,013
@ $90.83 · 2024-11-19
XIE KENNETH QING
Chief Executive Officer
$4.53M
@ $98.79 · 2024-11-13
WHITTLE JOHN
Chief Operating Officer
$3.29M
@ $85.56 · 2024-11-08
JENSEN KEITH FRANKLIN
Chief Financial Officer
$4.84M
@ $85.36 · 2024-11-08
XIE MICHAEL
Chief Technology Officer
$1.95M
@ $78.86 · 2024-11-04
XIE KENNETH QING
Chief Executive Officer
$3.83M
@ $82.26 · 2024-10-16
XIE KENNETH QING
Chief Executive Officer
$3.54M
@ $75.34 · 2024-09-18
JENSEN KEITH FRANKLIN
Chief Financial Officer
$905,465
@ $75.55 · 2024-08-27
WHITTLE JOHN
Chief Operating Officer
$7.77M
@ $75.21 · 2024-08-21
JENSEN KEITH FRANKLIN
Chief Financial Officer
$321,636
@ $75.68 · 2024-08-20
XIE KENNETH QING
Chief Executive Officer
$3.42M
@ $72.06 · 2024-08-14
XIE MICHAEL
Chief Technology Officer
$1.39M
@ $56.11 · 2024-08-02
XIE KENNETH QING
Chief Executive Officer
$2.90M
@ $59.84 · 2024-07-16
XIE KENNETH QING
Chief Executive Officer
$2.90M
@ $59.88 · 2024-06-12
JENSEN KEITH FRANKLIN
Chief Financial Officer
$3.43M
@ $59.37 · 2024-06-05
XIE KENNETH QING
Chief Executive Officer
$2.93M
@ $60.48 · 2024-05-15
XIE MICHAEL
Chief Technology Officer
$1.59M
@ $64.48 · 2024-05-02
XIE KENNETH QING
Chief Executive Officer
$3.11M
@ $64.81 · 2024-04-17
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
GS
6
Sells (3M)
11
Sells (12M)
Total value (12M): $59.99M
COLEMAN DENIS P.
Chief Financial Officer
$10.94M
@ $941.57 · 2026-02-09
SOLOMON DAVID M
Chief Executive Officer
$255,387
@ $938.92 · 2026-01-29
HALIO CAREY
Officer
$2.64M
@ $927.17 · 2026-01-27
FREDMAN SHEARA J.
Officer
$4.49M
@ $923.75 · 2026-01-23
RUEMMLER KATHRYN H
General Counsel
$8.89M
@ $927.51 · 2026-01-23
HALIO CAREY
Officer
$1.62M
@ $920.62 · 2026-01-23
WALDRON JOHN E.
President
$13.69M
@ $750.30 · 2025-08-28
COLEMAN DENIS P.
Chief Financial Officer
$5.41M
@ $724.40 · 2025-07-25
ROGERS JOHN F W
Officer
$4.31M
@ $717.39 · 2025-07-23
SOLOMON DAVID M
Chief Executive Officer
$4.71M
@ $712.31 · 2025-07-23
SOLOMON DAVID M
Chief Executive Officer
$3.04M
@ $607.17 · 2025-05-14
SOLOMON DAVID M
Chief Executive Officer
$1.50M
@ $622.15 · 2025-02-26
GOLTEN ALEXANDER SIMON
Officer
$3.31M
@ $636.25 · 2025-01-28
HALIO CAREY
Officer and Treasurer
$2.32M
@ $636.74 · 2025-01-24
FREDMAN SHEARA J.
Officer
$1.28M
@ $627.01 · 2025-01-21
RUEMMLER KATHRYN H
General Counsel
$4.76M
@ $634.69 · 2025-01-21
HALIO CAREY
Officer
$965,120
@ $624.67 · 2025-01-21
VINIAR DAVID A
Director
$3.06M
@ $612.08 · 2024-11-29
SOLOMON DAVID M
Chief Executive Officer
$4.00M
@ $610.91 · 2024-11-29
FREDMAN SHEARA J.
Officer
$1.77M
@ $594.51 · 2024-11-06
COLEMAN DENIS P.
Chief Financial Officer
$7.67M
@ $593.03 · 2024-11-06
ROGERS JOHN F W
Officer
$3.83M
@ $596.36 · 2024-11-06
SOLOMON DAVID M
Chief Executive Officer
$3.00M
@ $500.29 · 2024-08-15
VINIAR DAVID A
Director
$2.51M
@ $502.43 · 2024-07-16
SOLOMON DAVID M
Chief Executive Officer
$3.02M
@ $457.32 · 2024-05-10
VINIAR DAVID A
Director
$2.16M
@ $432.25 · 2024-04-29
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →FTNT
😐Neutral(50/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
GS
😐Neutral(48/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →FTNT
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (50)
GS
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (48)