$F5 Inc (FFIV.US)$Excluded from the fall 2022 inventory due ...

Launched in 1999, it is mainly a software service and software business. 53% of the market is in the US, and the current price is 183.22.

Revenue has continued to grow over the past 5 years, with an average growth rate of 5.4%. Operating profit was mainly affected by the share of expenses shrank in the first three years and increased in the next two years. Overall, it contracted slightly over the past 5 years. Net profit was compounded by non-core expenses and tax effects. It shrank during fluctuations, and increased 22.6% in 2023 due to a sharp drop in expenses. There is no interest burden in 2023. Gross profit margin has been declining continuously for the past 4 years, and the return on net assets has basically been around 15% for the past 4 years.

In 2024Q1, revenue shrank by 1.1%, operating profit increased sharply by 73.1% due to the double decline in costs and expenses, and net profit increased by 91.1%.

The balance ratio has declined from 48% to 46.7% over the past 5 years. The share of receivables has increased dramatically in the past two years, reaching 29.5% of revenue in 2023, an increase of 273 million over 2021. Goodwill and other intangible assets of $2,425 million, accounting for 84.8% of the net assets of $2,861 million, with no interest-bearing liabilities. The share capital has continued to decline drastically in the past 5 years, but there has been no corresponding increase in earnings per share. I don't know why.

Over the past five years, the cumulative net cash flow operating amount has been higher than the net investment amount, generating some shareholders' surpluses.

Currently, the price-earnings ratio is 28, and the price-earnings ratio is TTM23.9. If the annual net profit increases by 40% to 560 million, the price-earnings ratio will drop to 19.2, so you can choose carefully (⭐️)