APH vs. FTNT: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at APH and FTNT, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
APH’s market capitalization stands at 120.31 billion USD, while FTNT’s is 80.87 billion USD, indicating their market valuations are broadly comparable.
With betas of 1.13 for APH and 1.07 for FTNT, both stocks show similar sensitivity to overall market movements.
| Symbol | APH | FTNT |
|---|---|---|
| Company Name | Amphenol Corporation | Fortinet, Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Hardware, Equipment & Parts | Software - Infrastructure |
| CEO | Richard Adam Norwitt | Ken Xie |
| Price | 99.46 USD | 105.66 USD |
| Market Cap | 120.31 billion USD | 80.87 billion USD |
| Beta | 1.13 | 1.07 |
| Exchange | NYSE | NASDAQ |
| IPO Date | November 8, 1991 | November 18, 2009 |
| ADR | No | No |
Historical Performance
This chart compares the performance of APH and FTNT by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
APH
27.13%
Hardware, Equipment & Parts Industry
- Max
- 38.64%
- Q3
- 17.03%
- Median
- 8.95%
- Q1
- 1.23%
- Min
- -14.34%
In the upper quartile for the Hardware, Equipment & Parts industry, APH’s Return on Equity of 27.13% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
FTNT
161.56%
Software - Infrastructure Industry
- Max
- 80.61%
- Q3
- 29.97%
- Median
- 2.84%
- Q1
- -8.35%
- Min
- -56.26%
FTNT’s Return on Equity of 161.56% is exceptionally high, placing it well beyond the typical range for the Software - Infrastructure industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
Return on Invested Capital
APH
15.20%
Hardware, Equipment & Parts Industry
- Max
- 17.24%
- Q3
- 9.87%
- Median
- 6.54%
- Q1
- 1.56%
- Min
- -7.50%
In the upper quartile for the Hardware, Equipment & Parts industry, APH’s Return on Invested Capital of 15.20% signifies a highly effective use of its capital to generate profits when compared to its peers.
FTNT
26.54%
Software - Infrastructure Industry
- Max
- 39.31%
- Q3
- 11.97%
- Median
- 1.67%
- Q1
- -7.10%
- Min
- -34.29%
In the upper quartile for the Software - Infrastructure industry, FTNT’s Return on Invested Capital of 26.54% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
APH
15.58%
Hardware, Equipment & Parts Industry
- Max
- 22.76%
- Q3
- 11.04%
- Median
- 3.80%
- Q1
- 1.13%
- Min
- -8.57%
A Net Profit Margin of 15.58% places APH in the upper quartile for the Hardware, Equipment & Parts industry, signifying strong profitability and more effective cost management than most of its peers.
FTNT
30.60%
Software - Infrastructure Industry
- Max
- 46.46%
- Q3
- 14.65%
- Median
- 2.66%
- Q1
- -7.70%
- Min
- -35.45%
A Net Profit Margin of 30.60% places FTNT in the upper quartile for the Software - Infrastructure industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
APH
21.26%
Hardware, Equipment & Parts Industry
- Max
- 25.25%
- Q3
- 13.73%
- Median
- 8.22%
- Q1
- 4.35%
- Min
- -0.79%
An Operating Profit Margin of 21.26% places APH in the upper quartile for the Hardware, Equipment & Parts industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
FTNT
31.50%
Software - Infrastructure Industry
- Max
- 48.51%
- Q3
- 16.56%
- Median
- 4.48%
- Q1
- -6.43%
- Min
- -40.18%
An Operating Profit Margin of 31.50% places FTNT in the upper quartile for the Software - Infrastructure industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | APH | FTNT |
|---|---|---|
| Return on Equity (TTM) | 27.13% | 161.56% |
| Return on Assets (TTM) | 11.41% | 18.06% |
| Return on Invested Capital (TTM) | 15.20% | 26.54% |
| Net Profit Margin (TTM) | 15.58% | 30.60% |
| Operating Profit Margin (TTM) | 21.26% | 31.50% |
| Gross Profit Margin (TTM) | 33.94% | 81.34% |
Financial Strength
Current Ratio
APH
1.99
Hardware, Equipment & Parts Industry
- Max
- 4.10
- Q3
- 3.23
- Median
- 2.37
- Q1
- 1.81
- Min
- 0.58
APH’s Current Ratio of 1.99 aligns with the median group of the Hardware, Equipment & Parts industry, indicating that its short-term liquidity is in line with its sector peers.
FTNT
1.36
Software - Infrastructure Industry
- Max
- 3.80
- Q3
- 2.25
- Median
- 1.51
- Q1
- 1.10
- Min
- 0.23
FTNT’s Current Ratio of 1.36 aligns with the median group of the Software - Infrastructure industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
APH
0.70
Hardware, Equipment & Parts Industry
- Max
- 1.19
- Q3
- 0.56
- Median
- 0.33
- Q1
- 0.11
- Min
- 0.00
APH’s leverage is in the upper quartile of the Hardware, Equipment & Parts industry, with a Debt-to-Equity Ratio of 0.70. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
FTNT
0.51
Software - Infrastructure Industry
- Max
- 2.56
- Q3
- 1.12
- Median
- 0.33
- Q1
- 0.05
- Min
- 0.00
FTNT’s Debt-to-Equity Ratio of 0.51 is typical for the Software - Infrastructure industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
APH
13.97
Hardware, Equipment & Parts Industry
- Max
- 28.37
- Q3
- 14.25
- Median
- 9.35
- Q1
- 2.86
- Min
- -13.16
APH’s Interest Coverage Ratio of 13.97 is positioned comfortably within the norm for the Hardware, Equipment & Parts industry, indicating a standard and healthy capacity to cover its interest payments.
FTNT
97.72
Software - Infrastructure Industry
- Max
- 32.21
- Q3
- 5.24
- Median
- 0.95
- Q1
- -17.99
- Min
- -50.82
With an Interest Coverage Ratio of 97.72, FTNT demonstrates a superior capacity to service its debt, placing it well above the typical range for the Software - Infrastructure industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | APH | FTNT |
|---|---|---|
| Current Ratio (TTM) | 1.99 | 1.36 |
| Quick Ratio (TTM) | 1.36 | 1.29 |
| Debt-to-Equity Ratio (TTM) | 0.70 | 0.51 |
| Debt-to-Asset Ratio (TTM) | 0.31 | 0.10 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.29 | -1.11 |
| Interest Coverage Ratio (TTM) | 13.97 | 97.72 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for APH and FTNT. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
APH
0.66%
Hardware, Equipment & Parts Industry
- Max
- 2.16%
- Q3
- 0.66%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 0.66%, APH offers a more attractive income stream than most of its peers in the Hardware, Equipment & Parts industry, signaling a strong commitment to shareholder returns.
FTNT
0.00%
Software - Infrastructure Industry
- Max
- 4.07%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FTNT currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
APH
25.37%
Hardware, Equipment & Parts Industry
- Max
- 71.55%
- Q3
- 25.37%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
APH’s Dividend Payout Ratio of 25.37% is within the typical range for the Hardware, Equipment & Parts industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
FTNT
0.00%
Software - Infrastructure Industry
- Max
- 48.68%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FTNT has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | APH | FTNT |
|---|---|---|
| Dividend Yield (TTM) | 0.66% | 0.00% |
| Dividend Payout Ratio (TTM) | 25.37% | 0.00% |
Valuation
Price-to-Earnings Ratio
APH
46.05
Hardware, Equipment & Parts Industry
- Max
- 86.58
- Q3
- 53.54
- Median
- 36.07
- Q1
- 25.99
- Min
- 12.16
APH’s P/E Ratio of 46.05 is within the middle range for the Hardware, Equipment & Parts industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
FTNT
43.20
Software - Infrastructure Industry
- Max
- 107.77
- Q3
- 54.40
- Median
- 28.10
- Q1
- 18.03
- Min
- 5.32
FTNT’s P/E Ratio of 43.20 is within the middle range for the Software - Infrastructure industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
APH
4.55
Hardware, Equipment & Parts Industry
- Max
- 5.22
- Q3
- 3.27
- Median
- 2.16
- Q1
- 1.77
- Min
- 0.00
The Forward PEG Ratio is often not a primary valuation metric in the Hardware, Equipment & Parts industry.
FTNT
10.07
Software - Infrastructure Industry
- Max
- 8.12
- Q3
- 3.94
- Median
- 2.13
- Q1
- 0.94
- Min
- 0.01
FTNT’s Forward PEG Ratio of 10.07 is exceptionally high for the Software - Infrastructure industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.
Price-to-Sales Ratio
APH
7.17
Hardware, Equipment & Parts Industry
- Max
- 8.50
- Q3
- 4.95
- Median
- 2.45
- Q1
- 1.17
- Min
- 0.32
APH’s P/S Ratio of 7.17 is in the upper echelon for the Hardware, Equipment & Parts industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
FTNT
13.17
Software - Infrastructure Industry
- Max
- 18.25
- Q3
- 9.05
- Median
- 4.77
- Q1
- 2.30
- Min
- 0.11
FTNT’s P/S Ratio of 13.17 is in the upper echelon for the Software - Infrastructure industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
APH
11.68
Hardware, Equipment & Parts Industry
- Max
- 7.53
- Q3
- 4.63
- Median
- 3.34
- Q1
- 2.35
- Min
- 0.48
At 11.68, APH’s P/B Ratio is at an extreme premium to the Hardware, Equipment & Parts industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
FTNT
41.36
Software - Infrastructure Industry
- Max
- 19.94
- Q3
- 10.91
- Median
- 6.33
- Q1
- 2.95
- Min
- 0.51
The P/B Ratio is often not a primary valuation metric for the Software - Infrastructure industry.
Valuation at a Glance
| Symbol | APH | FTNT |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 46.05 | 43.20 |
| Forward PEG Ratio (TTM) | 4.55 | 10.07 |
| Price-to-Sales Ratio (P/S, TTM) | 7.17 | 13.17 |
| Price-to-Book Ratio (P/B, TTM) | 11.68 | 41.36 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 54.11 | 39.12 |
| EV-to-EBITDA (TTM) | 29.53 | 33.38 |
| EV-to-Sales (TTM) | 7.50 | 12.74 |