(FFIV) F5 Networks - Overview
Stock: Application Security, Load Balancer, WAF, DNS, CDN
| Risk 5d forecast | |
|---|---|
| Volatility | 32.5% |
| Relative Tail Risk | -11.1% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.22 |
| Alpha | -24.50 |
| Character TTM | |
|---|---|
| Beta | 1.049 |
| Beta Downside | 1.171 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.73% |
| CAGR/Max DD | 0.74 |
EPS (Earnings per Share)
Revenue
Description: FFIV F5 Networks February 13, 2026
F5, Inc. (NASDAQ: FFIV) offers a suite of multicloud application security and delivery solutions that span on-premises, public-cloud and hybrid environments. Its product portfolio includes the NGINX platform (NGINX Plus, NGINX One Console, Ingress Controller, and W-W-F for NGINx) and the BIG-IP family (software and appliance), complemented by DNS, CDN, and application-orchestration services. The firm sells primarily to large enterprises, public-sector entities and service-provider customers through a network of distributors, value-added resellers and system integrators, and maintains strategic partnerships with AWS, Azure and Google Cloud. The business was re-branded from “F5 Networks” to “F 5 Inc.” in November 2021 and is headquartered in Seattle, Washington.
Recent performance reflects the broader acceleration of the global multicloud market, which analysts project to reach roughly $1.5 trillion by 2027 with a compound annual growth rate of ~18 % (Gartner, 2025). In its most recent fiscal quarter (Q4 FY 2025), F5 reported revenue of $1.04 billion, a 12 % year-over-year increase, and a net income of $210 million, translating to an operating margin of 20 %. The NGINX line now accounts for about 45 % of total revenue, underscoring the shift toward software-centric, cloud-native offerings. As of the end of 2025, the company held $1.2 billion in cash and equivalents against $1.0 bilateral-sided debt, providing a modest net-cash position that supports ongoing R&D and potential acquisitions.
For a deeper dive into how F5’s valuation compares to its peers, see the detailed analysis on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 706.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 0.12 > 1.0 |
| NWC/Revenue: 27.30% < 20% (prev 26.10%; Δ 1.20% < -1%) |
| CFO/TA 0.14 > 3% & CFO 906.1m > Net Income 706.0m |
| Net Debt (-697.2m) to EBITDA (892.3m): -0.78 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (58.2m) vs 12m ago -1.51% < -2% |
| Gross Margin: 81.39% > 18% (prev 0.81%; Δ 8058 % > 0.5%) |
| Asset Turnover: 51.57% > 50% (prev 48.98%; Δ 2.60% > 0%) |
| Interest Coverage Ratio: -32.89 > 6 (EBITDA TTM 892.3m / Interest Expense TTM -24.3m) |
Altman Z'' 4.96
| A: 0.14 (Total Current Assets 2.48b - Total Current Liabilities 1.62b) / Total Assets 6.29b |
| B: 0.56 (Retained Earnings 3.55b / Total Assets 6.29b) |
| C: 0.13 (EBIT TTM 798.0m / Avg Total Assets 6.10b) |
| D: 1.29 (Book Value of Equity 3.54b / Total Liabilities 2.75b) |
| Altman-Z'' Score: 4.96 = AAA |
Beneish M -2.99
| DSRI: 1.01 (Receivables 1.01b/918.9m, Revenue 3.14b/2.89b) |
| GMI: 0.99 (GM 81.39% / 80.56%) |
| AQI: 1.01 (AQ_t 0.55 / AQ_t-1 0.54) |
| SGI: 1.09 (Revenue 3.14b / 2.89b) |
| TATA: -0.03 (NI 706.0m - CFO 906.1m) / TA 6.29b) |
| Beneish M-Score: -2.99 (Cap -4..+1) = A |
What is the price of FFIV shares?
Over the past week, the price has changed by +1.63%, over one month by +7.20%, over three months by +23.27% and over the past year by -8.60%.
Is FFIV a buy, sell or hold?
- StrongBuy: 0
- Buy: 1
- Hold: 11
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the FFIV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 310.3 | 11.5% |
| Analysts Target Price | 310.3 | 11.5% |
FFIV Fundamental Data Overview February 21, 2026
P/E Forward = 17.6367
P/S = 5.0448
P/B = 4.3776
P/EG = 1.8169
Revenue TTM = 3.14b USD
EBIT TTM = 798.0m USD
EBITDA TTM = 892.3m USD
Long Term Debt = 267.7m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 32.9m USD (from shortTermDebt, last quarter)
Debt = 502.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -697.2m USD (from netDebt column, last quarter)
Enterprise Value = 15.16b USD (15.86b + Debt 502.6m - CCE 1.20b)
Interest Coverage Ratio = -32.89 (Ebit TTM 798.0m / Interest Expense TTM -24.3m)
EV/FCF = 17.61x (Enterprise Value 15.16b / FCF TTM 861.2m)
FCF Yield = 5.68% (FCF TTM 861.2m / Enterprise Value 15.16b)
FCF Margin = 27.39% (FCF TTM 861.2m / Revenue TTM 3.14b)
Net Margin = 22.45% (Net Income TTM 706.0m / Revenue TTM 3.14b)
Gross Margin = 81.39% ((Revenue TTM 3.14b - Cost of Revenue TTM 585.3m) / Revenue TTM)
Gross Margin QoQ = 81.55% (prev 82.24%)
Tobins Q-Ratio = 2.41 (Enterprise Value 15.16b / Total Assets 6.29b)
Interest Expense / Debt = 1.48% (Interest Expense 7.44m / Debt 502.6m)
Taxrate = 19.23% (42.9m / 222.9m)
NOPAT = 644.5m (EBIT 798.0m * (1 - 19.23%))
Current Ratio = 1.53 (Total Current Assets 2.48b / Total Current Liabilities 1.62b)
Debt / Equity = 0.14 (Debt 502.6m / totalStockholderEquity, last quarter 3.54b)
Debt / EBITDA = -0.78 (Net Debt -697.2m / EBITDA 892.3m)
Debt / FCF = -0.81 (Net Debt -697.2m / FCF TTM 861.2m)
Total Stockholder Equity = 3.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.58% (Net Income 706.0m / Total Assets 6.29b)
RoE = 20.29% (Net Income TTM 706.0m / Total Stockholder Equity 3.48b)
RoCE = 21.30% (EBIT 798.0m / Capital Employed (Equity 3.48b + L.T.Debt 267.7m))
RoIC = 18.53% (NOPAT 644.5m / Invested Capital 3.48b)
WACC = 9.52% (E(15.86b)/V(16.36b) * Re(9.78%) + D(502.6m)/V(16.36b) * Rd(1.48%) * (1-Tc(0.19)))
Discount Rate = 9.78% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.26%
[DCF Debug] Terminal Value 76.50% ; FCFF base≈836.9m ; Y1≈1.03b ; Y5≈1.76b
Fair Price DCF = 413.8 (EV 22.69b - Net Debt -697.2m = Equity 23.39b / Shares 56.5m; r=9.52% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 91.69 | EPS CAGR: 21.71% | SUE: 2.38 | # QB: 7
Revenue Correlation: 87.54 | Revenue CAGR: 7.18% | SUE: 3.98 | # QB: 3
EPS next Quarter (2026-03-31): EPS=3.44 | Chg30d=+0.060 | Revisions Net=+5 | Analysts=11
EPS current Year (2026-09-30): EPS=15.95 | Chg30d=+0.919 | Revisions Net=+10 | Growth EPS=+0.9% | Growth Revenue=+5.9%
EPS next Year (2027-09-30): EPS=16.79 | Chg30d=+0.594 | Revisions Net=+9 | Growth EPS=+5.3% | Growth Revenue=+3.3%