(FFIV) F5 Networks - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US3156161024

Application Delivery, Cloud Security, Load Balancer, DNS Services

FFIV EPS (Earnings per Share)

EPS (Earnings per Share) of FFIV over the last years for every Quarter: "2020-09": 2.43, "2020-12": 2.59, "2021-03": 2.5, "2021-06": 2.76, "2021-09": 3.01, "2021-12": 2.89, "2022-03": 2.13, "2022-06": 2.57, "2022-09": 2.62, "2022-12": 2.47, "2023-03": 2.53, "2023-06": 3.21, "2023-09": 3.5, "2023-12": 3.43, "2024-03": 2.91, "2024-06": 3.36, "2024-09": 3.67, "2024-12": 3.84, "2025-03": 3.42, "2025-06": 4.16, "2025-09": 4.39,

FFIV Revenue

Revenue of FFIV over the last years for every Quarter: 2020-09: 614.816, 2020-12: 624.617, 2021-03: 645.287, 2021-06: 651.515, 2021-09: 681.997, 2021-12: 687.1, 2022-03: 634.224, 2022-06: 674.488, 2022-09: 700.033, 2022-12: 700.378, 2023-03: 703.175, 2023-06: 702.642, 2023-09: 706.974, 2023-12: 692.597, 2024-03: 681.354, 2024-06: 695.495, 2024-09: 746.674, 2024-12: 766.489, 2025-03: 731.123, 2025-06: 780.37, 2025-09: 810.09,

Description: FFIV F5 Networks October 16, 2025

F5, Inc. (NASDAQ:FFIV) delivers multicloud application security and delivery solutions across North America, Europe, the Middle East, Africa, and the Asia-Pacific. Its distributed-cloud platform lets customers run, protect, and manage applications whether they reside on-premises, in public clouds, or in hybrid environments, bundling networking, security, and application-management capabilities such as web-app/API protection, multi-cloud networking, DNS, CDN, and orchestration tools.

Beyond the platform, the company markets a portfolio that includes NGINX Plus, the NGINX Management Suite, NGINX Ingress Controller, NGINX App Protect, as well as BIG-IP hardware and software appliances. Professional services-maintenance, consulting, training, and technical support-augment these product lines. Sales are primarily indirect, through distributors, value-added resellers, managed service providers, systems integrators, and other channel partners, with strategic alliances to AWS, Microsoft Azure, and Google Cloud.

According to F5’s FY 2023 Form 10-K (filed February 2024), the firm generated ≈ $3.1 billion in revenue, a 6 % year-over-year increase driven largely by subscription and cloud-based services, which grew at ~14 % CAGR over the past three years. Operating margin stood at 31 %, reflecting the higher profitability of recurring software revenue versus legacy hardware. The company’s subscription-revenue run-rate now exceeds 55 % of total sales, a key KPI for evaluating its transition to a SaaS model.

Sector-wide, global spending on cloud security is projected by Gartner to rise to $44 billion in 2025, a ~12 % annual growth rate, fueled by accelerating multi-cloud adoption and tightening regulatory requirements (e.g., GDPR, CCPA). F5’s positioning as a “single-pane-of-glass” provider for both security and delivery gives it exposure to these macro trends, but competitive pressure from pure-play SaaS security vendors (e.g., Palo Alto Networks, Cloudflare) remains a material risk.

For a deeper, data-driven assessment of how F5’s valuation compares to peers and to quantify the impact of its subscription transition, you may find the analytics on ValueRay worth exploring.

FFIV Stock Overview

Market Cap in USD 14,807m
Sub-Industry Communications Equipment
IPO / Inception 1999-06-04

FFIV Stock Ratings

Growth Rating 67.7%
Fundamental 92.5%
Dividend Rating -
Return 12m vs S&P 500 -11.0%
Analyst Rating 3.0 of 5

FFIV Dividends

Currently no dividends paid

FFIV Growth Ratios

Growth Correlation 3m -24%
Growth Correlation 12m 71%
Growth Correlation 5y 35.6%
CAGR 5y 22.68%
CAGR/Max DD 3y (Calmar Ratio) 0.76
CAGR/Mean DD 3y (Pain Ratio) 3.88
Sharpe Ratio 12m 1.17
Alpha -14.95
Beta 1.063
Volatility 41.08%
Current Volume 1257.7k
Average Volume 20d 936.8k
Stop Loss 237.4 (-3.7%)
Signal -0.60

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (692.4m TTM) > 0 and > 6% of Revenue (6% = 185.3m TTM)
FCFTA 0.15 (>2.0%) and ΔFCFTA 2.71pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 29.34% (prev 22.01%; Δ 7.33pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.16 (>3.0%) and CFO 988.1m > Net Income 692.4m (YES >=105%, WARN >=100%)
Net Debt (-1.11b) to EBITDA (879.3m) ratio: -1.27 <= 3.0 (WARN <= 3.5)
Current Ratio 1.56 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (58.4m) change vs 12m ago -1.59% (target <= -2.0% for YES)
Gross Margin 81.74% (prev 80.20%; Δ 1.55pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 51.76% (prev 50.17%; Δ 1.59pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -36.34 (EBITDA TTM 879.3m / Interest Expense TTM -21.6m) >= 6 (WARN >= 3)

Altman Z'' 7.05

(A) 0.14 = (Total Current Assets 2.52b - Total Current Liabilities 1.61b) / Total Assets 6.32b
(B) 0.56 = Retained Earnings (Balance) 3.57b / Total Assets 6.32b
(C) 0.13 = EBIT TTM 786.7m / Avg Total Assets 5.97b
(D) 3.22 = Book Value of Equity 3.59b / Total Liabilities 1.11b
Total Rating: 7.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 92.45

1. Piotroski 7.0pt = 2.0
2. FCF Yield 6.97% = 3.49
3. FCF Margin 30.92% = 7.50
4. Debt/Equity 0.06 = 2.50
5. Debt/Ebitda -1.27 = 2.50
6. ROIC - WACC (= 11.04)% = 12.50
7. RoE 20.34% = 1.70
8. Rev. Trend 79.58% = 5.97
9. EPS Trend 86.06% = 4.30

What is the price of FFIV shares?

As of November 06, 2025, the stock is trading at USD 246.49 with a total of 1,257,733 shares traded.
Over the past week, the price has changed by -4.74%, over one month by -25.08%, over three months by -22.68% and over the past year by +5.83%.

Is F5 Networks a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, F5 Networks (NASDAQ:FFIV) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 92.45 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FFIV is around 234.33 USD . This means that FFIV is currently overvalued and has a potential downside of -4.93%.

Is FFIV a buy, sell or hold?

F5 Networks has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold FFIV.
  • Strong Buy: 0
  • Buy: 1
  • Hold: 11
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the FFIV price?

Issuer Target Up/Down from current
Wallstreet Target Price 291.5 18.3%
Analysts Target Price 291.5 18.3%
ValueRay Target Price 264.4 7.3%

FFIV Fundamental Data Overview November 01, 2025

Market Cap USD = 14.81b (14.81b USD * 1.0 USD.USD)
P/E Trailing = 21.7534
P/E Forward = 19.6078
P/S = 4.7949
P/B = 5.414
P/EG = 1.2019
Beta = 1.063
Revenue TTM = 3.09b USD
EBIT TTM = 786.7m USD
EBITDA TTM = 879.3m USD
Long Term Debt = unknown (none)
Short Term Debt = 60.8m USD (from shortTermDebt, two quarters ago)
Debt = 230.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.11b USD (from netDebt column, last quarter)
Enterprise Value = 13.69b USD (14.81b + Debt 230.7m - CCE 1.34b)
Interest Coverage Ratio = -36.34 (Ebit TTM 786.7m / Interest Expense TTM -21.6m)
FCF Yield = 6.97% (FCF TTM 954.9m / Enterprise Value 13.69b)
FCF Margin = 30.92% (FCF TTM 954.9m / Revenue TTM 3.09b)
Net Margin = 22.42% (Net Income TTM 692.4m / Revenue TTM 3.09b)
Gross Margin = 81.74% ((Revenue TTM 3.09b - Cost of Revenue TTM 563.7m) / Revenue TTM)
Gross Margin QoQ = 82.24% (prev 82.27%)
Tobins Q-Ratio = 2.17 (Enterprise Value 13.69b / Total Assets 6.32b)
Interest Expense / Debt = 3.22% (Interest Expense 7.44m / Debt 230.7m)
Taxrate = 11.43% (24.6m / 215.1m)
NOPAT = 696.8m (EBIT 786.7m * (1 - 11.43%))
Current Ratio = 1.56 (Total Current Assets 2.52b / Total Current Liabilities 1.61b)
Debt / Equity = 0.06 (Debt 230.7m / totalStockholderEquity, last quarter 3.59b)
Debt / EBITDA = -1.27 (Net Debt -1.11b / EBITDA 879.3m)
Debt / FCF = -1.17 (Net Debt -1.11b / FCF TTM 954.9m)
Total Stockholder Equity = 3.40b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.96% (Net Income 692.4m / Total Assets 6.32b)
RoE = 20.34% (Net Income TTM 692.4m / Total Stockholder Equity 3.40b)
RoCE = 16.71% (EBIT 786.7m / Capital Employed (Total Assets 6.32b - Current Liab 1.61b))
RoIC = 20.86% (NOPAT 696.8m / Invested Capital 3.34b)
WACC = 9.82% (E(14.81b)/V(15.04b) * Re(9.93%) + D(230.7m)/V(15.04b) * Rd(3.22%) * (1-Tc(0.11)))
Discount Rate = 9.93% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.04%
[DCF Debug] Terminal Value 75.56% ; FCFE base≈851.3m ; Y1≈1.05b ; Y5≈1.79b
Fair Price DCF = 380.6 (DCF Value 21.96b / Shares Outstanding 57.7m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 86.06 | EPS CAGR: 23.26% | SUE: 2.51 | # QB: 6
Revenue Correlation: 79.58 | Revenue CAGR: 5.43% | SUE: 0.90 | # QB: 2

Additional Sources for FFIV Stock

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