COMPARE · Reviewed August 3, 2026
CHKP vs FTNT
Verdict: Side-by-side breakdown using the Bull Rankings model. CHKP scored 76.8, FTNT scored 63.1 — CHKP leads.
Compare another set
Different reporting periods. FTNT's fundamentals are as of June 2026, but CHKP's are as of December 2025 — a 6-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
CHKP
Check Point Software Technologies Ltd.
76.8
$122.97 · $12.6B
fundamentals as of
Score gap
13.7
CHKP leads
FTNT
Fortinet, Inc.
63.1
$163.21 · $119.7B
fundamentals as of
The model, pillar by pillar (0–100 each)
CHKP
stronger →← stronger
FTNT
89
Qualityreturns · margins · balance sheet
92
68
Growthrevenue & earnings expansion
99
75
Valuevaluation vs sector peers
28
FTNT is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
CHKP
FTNT
$1.2bC+
FCF
$3.1bB
+6.3%C+
Rev
+18.8%B+
0.72C+
D/E
0.36B
12.6xA
P/E
57.7xC+
1.22B
PEG
2.24C
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
CHKP
FTNT
35% below
Price vs fair valuelower is cheaper
140% above
~-5%/yr
Growth the price implies10-yr FCF · lower = less priced in
~29%/yr
+45%
1-yr DCF upside
-61%
+55%
5-yr DCF upside
-58%
+71%
10-yr DCF upside
-54%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CHKP
Why this score
- Buying back stock
- Durable high returns
FTNT
Why this score
- Buying back stock
- Durable high returns
The companies
CHKPCheck Point Software Technologies Ltd.
Why now
Software - Infrastructure · market cap $12.6b. Down 42% from 52-week high of $210.66 — deep drawdown territory. 31 sell-side analysts rate this a Buy with a mean 1-yr target of $146.65 (implying +19% upside).
Moat
Net margin 39% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 37% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 111% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Down 42% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.
FTNTFortinet, Inc.
Why now
Software - Infrastructure · market cap $119.7b. 4% off the 52-week high of $170.35. Revenue growing +19%, comfortably above the S&P median. 37 sell-side analysts rate this a Hold with a mean 1-yr target of $159.51 (implying -2% upside).
Moat
Net margin 28% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. FCF converts 147% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $119.7b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Trailing P/E 57.7x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. P/S 15.9x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.