STOCK COMPARISON
Fortinet vs Microsoft: Fair Value & Quality
Both stocks run through our valuation models. Here is how Fortinet (FTNT) and Microsoft (MSFT) compare, as of Aug 8, 2026.
As of Aug 8, 2026, Fair Value Calculator sees Microsoft as the less overvalued of the two: Fortinet trades at $160 versus a fair value of $44.96 (-72%), while Microsoft trades at $500 versus $274 (-45%).
Fortinet
FTNT · USD · Information Technology
-72%
upside to fair value
overvalued
Price$160
Fair Value$44.96
Quality80/100
Microsoft
MSFT · USD · Information Technology
-45%
upside to fair value
overvalued
Price$500
Fair Value$274
Quality65/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
FortinetMicrosoft
Valuation
62.9×P/E (TTM)22.9×
16.54×P/S (TTM)8.99×
—P/B8.33×
48.9×EV/EBITDA15.6×
3.62×PEG1.19×
—Dividend yield0.9%
—Dividend per share$3.56
Profitability
27%Net margin39%
31%Operating margin46%
132%Return on equity34%
14%Return on assets15%
Growth
20%Revenue growth (YoY)18%
15.5%Avg. growth/yr (3Y)12.4%
21.3%Avg. growth/yr (5Y)14.5%
Balance & size
0.40×Debt / equity0.12×
$118BMarket cap$2.9T
healthyGrowth qualityexpensive
Microsoft leads: 4 to 8 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Fortinetof which business quality 76 · market factors 82
Microsoftof which business quality 65 · market factors 51
ProfitabilityMargins and returns on capital today
88
75
Quality GrowthAre margins and returns improving?
56
53
CashflowEarnings quality: real cash, not paper profit
86
71
Fin. StrengthBalance sheet, leverage, solvency risk
69
79
InvestmentDisciplined investing over empire-building
44
1
Low VolatilityCalm price path (market factor)
42
57
MomentumPrice trend over the last 3–12 months (market factor)
100
46
52W MomentumDistance to the 52-week high (market factor)
95
52
Net IssuanceBuybacks instead of dilution
100
84
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Fortinet
DCF Models$82.32
Earnings-Based$53.91
Dividend Discount$23.76
Multiples$35.79
Asset-Based$1.13
Growth DCF$71.09
Economic Profit$19.59
Growth Earnings$70.91
26 of 26 models see the stock below the current price.
Microsoft
DCF Models$289
Earnings-Based$189
Dividend Discount$61.93
Multiples$206
Asset-Based$30.98
Growth DCF$201
Economic Profit$184
Growth Earnings$276
26 of 26 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Fortinet
Bear $34.23Fair Value $44.96Bull $92.19
$160 = current price (white tick)
Microsoft
Bear $159Fair Value $274Bull $358
$500 = current price (white tick)
Compare two other stocks
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Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Fortinet · Information Technology
Quality score80 · Top 25%
Fair value upside-72% · bottom 25%
Microsoft · Information Technology
Quality score65 · Top 25%
Fair value upside-45% · below median
Bottom line
As of Aug 8, 2026, Fair Value Calculator sees Microsoft as the less overvalued of the two: Fortinet trades at $160 versus a fair value of $44.96 (-72%), while Microsoft trades at $500 versus $274 (-45%).
Fortinet has the higher quality score (80/100).
See the full analysis →
More comparisons
Popular match-ups from the same sectors, all with fair value and quality score.
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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
