Apple Inc. vs FORTINET, INC., two Computer Hardware stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
Where AAPL and FTNT diverge most: on debt / equity, AAPL reads 0.87 and FTNT reads 0.32; on return on assets, AAPL reads 33.6% and FTNT reads 19.5%. The rest of the comparable metrics sit closer together. What AAPL's price implies is a bet that sits within the historical range (whole-company basis). What FTNT's price implies is a somewhat stretched bet versus history (whole-company basis). The bull and bear cases for each are in their full reports below.
| Metric | AAPL | FTNT |
|---|---|---|
| Price | $332.55 | $156.12 |
| Market cap | $4.89T | $115.5B |
| Sector | Computer Hardware | Computer Hardware |
| Stage | Mature | Growth |
| Implied growth (priced in) | +31.2% | — |
| P/E | 38.2 | 55.2 |
| P/B | 45.51 | 74.47 |
| P/S | 10.48 | 15.35 |
| EV/EBITDA | 31.3 | 43.6 |
| Revenue growth | +14.1% | +18.7% |
| Gross margin | 50.1% | 80.2% |
| Operating margin | 32.6% | 33.7% |
| Net margin | 27.6% | 28.2% |
| Return on equity | 119.9% | 136.7% |
| Return on assets | 33.6% | 19.5% |
| Return on invested capital | 63.3% | 94.2% |
| FCF yield | 2.8% | 2.7% |
| Dividend yield | 0.3% | — |
| Debt / equity | 0.87 | 0.32 |
| Current ratio | 1.00 | 1.28 |
| Altman Z (solvency) | 7.57 | 7.01 |
| Piotroski F (quality) | 6 / 9 | 6 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.