NWG vs FTNT

Comparison between NatWest Group Plc (NWG, Company) and Fortinet Inc (FTNT, Company).

NWG is from the Financial Services sector, while FTNT is from the Technology sector.

5-Year PerformanceNWG has outperformed FTNT, delivering a return of +30.7% compared to +21.9%

NWG vs FTNT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NWG(COMPANY)	FTNT(COMPANY)
Market Cap	$67B	$67B
Max Drawdown	98.90%	51.20%
Sharpe Ratio	0.93	0.30
5Y Beta	1.03	1.02
Industry	Banks - Regional	Software - Infrastructure
P/E Ratio	8.69	36.61
Forward P/E	8.40	38.46
PEG Ratio	0.23	4.72
Dividend Yield	2.11%	N/A
5Y Dividends CAGR	31.43%	N/A
5Y EPS CAGR	N/A	32.49%
Debt to Equity	116.10%	80.51%
Free Cash Flow Yield	24.64%	2.91%
P/S Ratio	4.16	9.68
P/B Ratio	1.01	52.79

Market Cap

Winner

NWG

$67B

FTNT

$67B

Max Drawdown

NWG

98.90%

Winner

FTNT

51.20%

Sharpe Ratio

Winner

NWG

0.93

FTNT

0.30

5Y Beta

NWG

1.03

Winner

FTNT

1.02

Industry

NWG

Banks - Regional

FTNT

Software - Infrastructure

P/E Ratio

Winner

NWG

8.69

FTNT

36.61

Forward P/E

Winner

NWG

8.40

FTNT

38.46

PEG Ratio

Winner

NWG

0.23

FTNT

4.72

Dividend Yield

NWG

2.11%

FTNT

N/A

5Y Dividends CAGR

NWG

31.43%

FTNT

N/A

5Y EPS CAGR

NWG

N/A

FTNT

32.49%

Debt to Equity

NWG

116.10%

Winner

FTNT

80.51%

Free Cash Flow Yield

Winner

NWG

24.64%

FTNT

2.91%

P/S Ratio

Winner

NWG

4.16

FTNT

9.68

P/B Ratio

Winner

NWG

1.01

FTNT

52.79

NWG vs FTNT - Historical Returns

Returns include dividend reinvestment.

Period	NWG	FTNT
1 month	-3.53%	+36.59%
3 months	-2.78%	+32.75%
6 months	+3.88%	+39.47%
1 year	+29.30%	+16.71%
5 years(CAGR)	+30.67%	+21.90%
10 years(CAGR)	+15.60%	+33.37%
Max(CAGR)	-7.77%	+29.28%

NWG

-3.53%

Winner

FTNT

+36.59%

NWG

-2.78%

Winner

FTNT

+32.75%

NWG

+3.88%

Winner

FTNT

+39.47%

Winner

NWG

+29.30%

FTNT

+16.71%

5Y(CAGR)

Winner

NWG

+30.67%

FTNT

+21.90%

10Y(CAGR)

NWG

+15.60%

Winner

FTNT

+33.37%

Max(CAGR)

NWG

-7.77%

Winner

FTNT

+29.28%

NWG vs FTNT - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	NWG	FTNT
2026	-7.20%	+46.47%
2025	+84.05%	-16.19%
2024	+92.41%	+63.52%
2023	-5.87%	+20.63%
2022	+9.19%	-26.62%
2021	+48.07%	+146.91%
2020	-25.84%	+35.42%
2019	+31.49%	+53.21%
2018	-26.53%	+58.80%
2017	+34.75%	+45.05%
2016	-36.51%	-0.36%
2015	-25.65%	+1.23%
2014	+8.51%	+61.20%
2013	+3.00%	-9.72%
2012	+63.24%	+1.20%
2011	-49.32%	+31.78%
2010	+18.12%	+79.72%
2009	-40.87%	+5.72%
2008	-84.23%	N/A
2007	-17.05%	N/A

NWG vs FTNT Drawdown Comparison

The maximum drawdown for NWG was -97.62%, occurring on Sep 21, 2020. This drawdown has not yet recovered.

The maximum drawdown for FTNT was -51.20%, occurring on Feb 11, 2016. Recovery took 638 trading sessions.

The current NWG drawdown is -78.00%. The current FTNT drawdown is -0.44%.

Rank	NWG	FTNT
#1	-97.62% Oct 31, 2007 - Sep 21, 2020	-51.20% Aug 5, 2015 - Feb 15, 2018
#2	-2.69% Oct 18, 2007 - Oct 26, 2007	-42.31% Jul 6, 2011 - Apr 2, 2012
#3	-1.93% Oct 29, 2007 - Oct 31, 2007	-41.88% Apr 5, 2012 - Dec 17, 2014
#4	N/A	-38.32% Jul 17, 2023 - Oct 9, 2024
#5	N/A	-37.61% Feb 6, 2020 - May 7, 2020
#6	N/A	-37.54% Dec 27, 2021 - Jun 15, 2023
#7	N/A	-35.07% Feb 19, 2025 - Aug 8, 2025
#8	N/A	-29.02% Oct 1, 2018 - Apr 12, 2019
#9	N/A	-26.85% Apr 15, 2019 - Nov 8, 2019
#10	N/A	-26.22% Jul 9, 2020 - Dec 22, 2020
#11	N/A	-25.41% Jan 8, 2010 - Aug 31, 2010
#12	N/A	-16.84% Nov 8, 2021 - Dec 27, 2021
#13	N/A	-14.86% Apr 5, 2011 - Apr 28, 2011
#14	N/A	-10.83% Mar 15, 2021 - Apr 6, 2021
#15	N/A	-10.49% May 20, 2020 - Jul 8, 2020