Fortinet (STU:FO8) Inventories, Raw Materials & Components: €54 Mil (As of Mar. 2026)


STU:FO8 Fortinet Inc STU:FO8
91 GF Score
Price €139.52
GF Value €87.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Fortinet Inventories, Raw Materials & Components?

Fortinet STU:FO8 +4.06% 91 Inventories, Raw Materials & Components is €54 Mil as of Mar. 2026. GuruFocus rates STU:FO8 with a GF Score™ of 91/100 and a GF Value™ of €87.16 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Fortinet's inventories, raw materials & components for the quarter that ended in Mar. 2026 was €54 Mil.

Fortinet's quarterly raw materials declined from Sep. 2025 (€54 Mil) to Dec. 2025 (€53 Mil) but then increased from Dec. 2025 (€53 Mil) to Mar. 2026 (€54 Mil).

Fortinet's annual raw materials increased from Dec. 2023 (€84 Mil) to Dec. 2024 (€87 Mil) but then declined from Dec. 2024 (€87 Mil) to Dec. 2025 (€53 Mil).

Fortinet Inventories, Raw Materials & Components Historical Data

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The historical data trend for Fortinet's Inventories, Raw Materials & Components can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortinet Inventories, Raw Materials & Components Chart

Fortinet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Raw Materials & Components
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.58 43.71 84.46 86.81 52.86

Fortinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Raw Materials & Components Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.65 62.42 54.19 52.86 54.15
STU:FO8
91GF Score
Fortinet Inc STU:FO8
Inventories, Raw Materials & Components is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortinet Inventories, Raw Materials & Components Calculation

Materials and components scheduled for use in making a product.

What does a Inventories, Raw Materials & Components of €54 Mil mean?
Fortinet (STU:FO8) has a Inventories, Raw Materials & Components of €54 Mil as of Mar. 2026. Raw materials are the components a company uses for its main products. View historical data on Fortinet and its competitors.
Is Fortinet's Inventories, Raw Materials & Components too high?
Fortinet's current Inventories, Raw Materials & Components is €54 Mil. Overall, Fortinet has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortinet's Inventories, Raw Materials & Components compare to SNPS and NET?
Fortinet's Inventories, Raw Materials & Components of €54 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Raw Materials & Components for a Software company?
A good Inventories, Raw Materials & Components depends on the Software industry context. However, Inventories, Raw Materials & Components should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Raw Materials & Components mean?
A high Inventories, Raw Materials & Components can signal that a stock is expensive relative to its fundamentals. Raw materials are the components a company uses for its main products. View historical data on Fortinet and its competitors. Fortinet's current Inventories, Raw Materials & Components is €54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinet stock overvalued right now?
Based on GuruFocus' analysis, Fortinet (STU:FO8) is currently considered Significantly Overvalued. The stock's GF Value™ is €87.16, compared to a current price of €139.52 — trading 60.1% above its estimated fair value. The current Inventories, Raw Materials & Components is €54 Mil. Fortinet's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Raw Materials & Components calculated?
Inventories, Raw Materials & Components is calculated from a company's financial statements. For Fortinet (STU:FO8), the current Inventories, Raw Materials & Components is €54 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortinet (STU:FO8) Overvalued in 2026?

Based on GuruFocus' analysis, Fortinet stock appears to be overvalued. The current stock price of €139.52 is trading 60.1% above its estimated GF Value™ of €87.16. GuruFocus considers Fortinet to be Significantly Overvalued.

Key valuation signals for STU:FO8:

  • Inventories, Raw Materials & Components: €54 Mil
  • GF Value™: €87.16 vs. price of €139.52 (60.1% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the STU:FO8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortinet Business Description

Address 909 Kifer Road, Sunnyvale, CA, USA, 94086
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
91GF Score

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Inventories, Raw Materials & Components is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€139.52
Price
€87.16
GF Value