FFIV Stock Analysis: F5 Networks | NASDAQ
Software - Infrastructure | NASDAQ, USA | Market Cap: 22.832m USD | 12M Return: 19.6% | US3156161024 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 273M
EPS Trend: 98.4%
Qual. Beats: 9
Rev. Trend: 94.9%
Qual. Beats: 5
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
F5, Inc. is a Seattle-based provider of multicloud application security and delivery solutions, serving large enterprises, public sector institutions, governments, and service providers across the United States, EMEA, and Asia Pacific. Its offerings span unified security, networking, and application management products-including web application and API protection, multi-cloud networking, and content delivery-delivered through a software and systems portfolio that includes NGINX Plus, NGINX One Console, and the BIG-IP product family. The company also generates revenue from professional services such as maintenance, consulting, and training, and distributes primarily through indirect channels including value-added resellers, managed service providers, and systems integrators, with cloud partnerships involving Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
F5 operates within the communications equipment sub-industry of the information technology sector, a category that includes providers of networking hardware, software, and services. Its business model reflects a shift in the networking industry toward software-centric and subscription-based revenue, as enterprise customers increasingly deploy applications across hybrid and multicloud environments rather than relying solely on traditional on-premises hardware.
- Software and SaaS revenue mix lifts gross margins
- Application security demand accelerates subscription revenue growth
- Hyperscaler native services pressure BIG-IP appliance revenue
| Net Income: 726.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA -1.42 > 1.0 |
| NWC/Revenue: 35.56% < 20% (prev 29.71%; Δ 5.85% < -1%) |
| CFO/TA 0.15 > 3% & CFO 1.05b > Net Income 726.5m |
| Net Debt (-1.35b) to EBITDA (964.5m): -1.40 < 3 |
| Current Ratio: 1.66 > 1.5 & < 3 |
| Outstanding Shares: last quarter (57.7m) vs 12m ago -1.40% < -2% |
| Gross Margin: 82.21% > 18% (prev 81.03%; Δ 1.18% > 0.5%) |
| Asset Turnover: 51.14% > 50% (prev 49.48%; Δ 1.66% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.17 (Total Current Assets 2.95b - Total Current Liabilities 1.77b) / Total Assets 6.83b |
| B: 0.56 (Retained Earnings 3.82b / Total Assets 6.83b) |
| C: 0.13 (EBIT TTM 846.1m / Avg Total Assets 6.47b) |
| D: 1.30 (Book Value of Equity 3.86b / Total Liabilities 2.97b) |
| Altman-Z'' = 5.20 = AAA |
| DSRI: 1.13 (Receivables 1.01b/820.0m, Revenue 3.31b/3.02b) |
| GMI: 0.99 (GM 81.03% / 82.21%) |
| AQI: 0.94 (AQ_t 0.51 / AQ_t-1 0.54) |
| SGI: 1.09 (Revenue 3.31b / 3.02b) |
| TATA: -0.05 (NI 726.5m - CFO 1.05b) / TA 6.83b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of August 21, 2026, the stock is trading at USD 377.79 with a total of 355,446 shares traded. Over the past week, the price has changed by -9.19%, over one month by -8.29%, over three months by -1.21% and over the past year by +19.63%.
Current recommended Stop Loss: 360.00 (which is 4.7% or 1.2 ATR below the current price).
F5 Networks has received a consensus analysts rating of 3.46. Therefore, it is recommended to hold FFIV.
- StrongBuy: 2
- Buy: 3
- Hold: 7
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 436.1 | 15.4% |
P/E Trailing = 32.1019
P/E Forward = 22.1239
P/S = 6.8993
P/B = 6.0213
P/EG = 1.4649
Revenue TTM = 3.31b USD
EBIT TTM = 846.1m USD
EBITDA TTM = 964.5m USD
Long Term Debt = 218.7m USD (estimated: total debt 252.4m - short term 33.7m)
Short Term Debt = 33.7m USD (from shortTermDebt, last quarter)
Debt = 252.4m USD (from shortLongTermDebtTotal, last quarter) (leases 252.4m already included)
Net Debt = -1.35b USD (calculated: Debt 252.4m - CCE 1.61b)
Enterprise Value = 21.5b USD (22.8b + Debt 252.4m - CCE 1.61b)
Interest Coverage Ratio = unknown (Ebit TTM 846.1m / Interest Expense TTM 0.0)
EV/FCF = 22.15x (Enterprise Value 21.5b / FCF TTM 969.6m)
FCF Yield = 4.51% (FCF TTM 969.6m / Enterprise Value 21.5b)
FCF Margin = 29.30% (FCF TTM 969.6m / Revenue TTM 3.31b)
Net Margin = 21.95% (Net Income TTM 726.5m / Revenue TTM 3.31b)
Gross Margin = 82.21% ((Revenue TTM 3.31b - Cost of Revenue TTM 588.7m) / Revenue TTM)
Gross Margin QoQ = 82.25% (prev 82.82%)
Tobins Q-Ratio = 3.15 (Enterprise Value 21.5b / Total Assets 6.83b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 252.4m)
Taxrate = 14.87% (126.9m / 853.4m)
NOPAT = 720.3m (EBIT 846.1m * (1 - 14.87%))
Current Ratio = 1.66 (Total Current Assets 2.95b / Total Current Liabilities 1.77b)
Debt / Equity = 0.07 (Debt 252.4m / totalStockholderEquity, last quarter 3.86b)
Debt / EBITDA = -1.40 (Net Debt -1.35b / EBITDA 964.5m)
Debt / FCF = -1.40 (Net Debt -1.35b / FCF TTM 969.6m)
Total Stockholder Equity = 3.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.23% (Net Income 726.5m / Total Assets 6.83b)
RoE = 19.86% (Net Income TTM 726.5m / Total Stockholder Equity 3.66b)
RoCE = 21.82% (EBIT 846.1m / Capital Employed (Equity 3.66b + L.T.Debt 218.7m))
RoIC = 14.62% (NOPAT 720.3m / Invested Capital 4.93b)
WACC = 9.32% (E(22.8b)/V(23.1b) * Re(9.42%) + D(252.4m)/V(23.1b) * Rd(0.0%) * (1-Tc(0.15)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.58 | Cagr: -1.43%
[DCF] Terminal Value 72.34% ; FCFF base≈963.7m ; Y1≈980.1m ; Y5≈1.06b
[DCF] Fair Price = 274.3 (EV 14.2b - Net Debt -1.35b = Equity 15.5b / Shares 56.6m; r=9.32% [WACC]; 5y FCF grow 1.54% → 2.50% )
EPS Correlation: 98.42 | EPS CAGR: 13.96% | SUE: 4.0 | # QB: 9
Revenue Correlation: 94.87 | Revenue CAGR: 6.73% | SUE: 1.59 | # QB: 5
EPS current Quarter (2026-12-31): EPS=4.36 | Chg30d=+0.66% | Revisions=+13% | Analysts=12
EPS current Year (2026-09-30): EPS=17.33 | Chg30d=+5.09% | Revisions=+80% | GrowthEPS=+9.6% | GrowthRev=+9.6%
EPS next Year (2027-09-30): EPS=18.08 | Chg30d=+2.19% | Revisions=+53% | GrowthEPS=+4.3% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: +56% (up=29, down=7)