Stocks analysis

Analysis for FFIV

$456.58 -0.68 (-0.15%)
  • 📈 Growth — 28/30
  • 💰 Profitability — 19/20
  • 🏦 Financial Health — 18/20
  • 💵 Valuation — 14/20
  • ⚠️ Risk — 4/10
Overall Score: 85/100

Summary:


📈 Growth & Financial Trajectory

Over the 8 quarters, FFIV shows a steadily positive trajectory. Revenue rose from about $746.7M in 2024Q4 to about $865.1M in 2026Q3, and net income attributable to parent advanced from about $166.6M to $208.2M. This represents roughly 16% revenue growth and ~25% net income growth, despite quarterly fluctuations. Margins remain healthy as shown by gross margin runs around 80–82% and solid operating profit conversion, with operating income generally in the high teens to low/mid hundreds of millions.

💰 Margins & Cash Flow

Gross margins persist in the ~80% band; operating margins sit in the low-to-mid 20s. Cash generation is robust: net cash flow from operating activities rose from roughly $246.5M (2024Q4) to about $316.2M in 2026Q3. Investing cash flow remains negative but modest, and free cash flow has been positive most quarters, supporting ongoing balance sheet strength.

🛡️ Balance Sheet & Liquidity

Assets around $6.83B versus liabilities circa $2.97B and equity near $3.86B in 2026Q3. Current assets of about $2.95B vs. current liabilities of $1.77B yield a healthy working capital position (roughly 1.7x). Leverage is modest, with durable liquidity.

⚠️ Key Drivers & Risks

  • Drivers: ongoing enterprise IT/data-center modernization and software-defined networking initiatives.
  • Risks: tech spending cycles and valuation sensitivity; limited visibility on customer concentration and macro shifts.

📊 Key Financial Fundamentals

Valuation Multiples
Market Cap $24.69B
P/E Ratio 33.98
Forward P/E 21.56
P/S Ratio 7.46
P/B Ratio 6.09
EV / EBITDA 25.23
Profitability & Returns
Gross Margin 81.87%
Operating Margin 24.70%
Net Margin 21.95%
ROE 19.86%
ROIC 19.86%
Financial Health & Liquidity
Current Ratio 1.66
Quick Ratio 1.53
Financial Scale & Cash Flow
Revenue $3.31B
Net Income $0.73B
FCF Yield 3.93%
Free Cash Flow $0.97B
Total Debt To Equity 0.00