--- title: F5 (FFIV) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/ffiv ticker: FFIV as_of: 2026-10-17 sector: Technology industry: Software - Infrastructure --- # F5 (FFIV) F5 (FFIV) closed at $442.03 on Oct 16, 2026, overvalued by 73% vs its model value of $256.24 (from a five-year discounted cash flow). ## Key figures | Figure | Value | | --- | ---: | | Last close | $442.03 (Oct 16, 2026) | | Model value (from a five-year discounted cash flow) | $256.24 | | Price vs model | overvalued by 73% vs model | | Range of that model | $182.96 – $484.77 | | Market value | $25.0B | | P/E (fiscal 2025) | 37.5 | | Net margin (fiscal 2025) | 22.4% | | Free cash flow (fiscal 2025) | $906.4M | | Dividend yield (trailing twelve months) | 0.00% | | Beta | 1.03 | | Cost of capital (WACC) | 9.31% | | Business classification | Profitable Growth (Low/slowing growth (~5% recent), High profitability (22% net margin), Highly cyclical earnings) | ## On the stock lists | List | Place | Figure | Page | | --- | ---: | ---: | --- | | Best performing this year | #22 | +73.2% | https://sweetvaluelab.com/lists/best-performing-this-year | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | primary | $256.24 | $182.96 | $484.77 | | DCF · Perpetuity growth · 10y | cross check | $273.31 | $198.53 | $502.41 | | DCF · EBITDA exit · 5y | cross check | $346.51 | $272.52 | $433.10 | | DCF · EBITDA exit · 10y | cross check | $347.94 | $266.18 | $455.29 | | P/E · peers | cross check | $459.52 | $282.44 | $899.38 | | P/E · own history | cross check | $413.96 | $385.17 | $467.65 | | PEG | sanity check | $337.72 | $337.72 | $337.72 | | EV/EBITDA · peers | cross check | $425.05 | $259.09 | $885.48 | | EV/Revenue · peers | cross check | $472.72 | $226.74 | $1,043.71 | | Earnings power value | cross check | $121.47 | $107.79 | $140.40 | | Dividend discount | cross check | $0.00 | $0.00 | $0.00 | ## Insider activity (SEC Form 4) Past 90 days: 0 open-market buys ($0) and 20 open-market sales ($4.7M); 10b5-1 plan sales included. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | Sep 14, 2026 | MONTOYA MICHAEL F | Chief Technology Ops Officer | Open-market sell (10b5-1 plan) | 1,296 | $526,487 | | Sep 14, 2026 | MONTOYA MICHAEL F | Chief Technology Ops Officer | Open-market sell (10b5-1 plan) | 240 | $98,150.4 | | Sep 14, 2026 | MONTOYA MICHAEL F | Chief Technology Ops Officer | Open-market sell (10b5-1 plan) | 277 | $113,671.1 | | Sep 14, 2026 | MONTOYA MICHAEL F | Chief Technology Ops Officer | Open-market sell (10b5-1 plan) | 1,173 | $482,691.3 | | Sep 14, 2026 | MONTOYA MICHAEL F | Chief Technology Ops Officer | Open-market sell (10b5-1 plan) | 920 | $379,387.5 | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Aug 6, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1048695/000104869526000067/ffiv-20260630.htm | | Jul 27, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1048695/000104869526000063/ffiv-20260727.htm | | Jun 23, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1048695/000104869526000059/ffiv-20260617.htm | | May 5, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1048695/000104869526000051/ffiv-20260331.htm | | Apr 28, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1048695/000104869526000044/ffiv-20260424.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | Druckenmiller | 2026-06-30 | 22,000 | $9.2M | | Jensen | 2026-06-30 | 7,470 | $3.1M | | Lee Ainslie | 2026-06-30 | 1,570 | $653,057 | 3 tracked managers in all. ## About F5, Inc. is a technology company specializing in comprehensive solutions designed to secure and optimize the delivery of applications across various cloud environments. Their core mission is to guarantee the security, peak performance, and constant availability of critical network applications, servers, and storage systems for their clients. Through their multi-cloud offerings, F5 empowers organizations to seamlessly develop, deploy, operate, secure, and govern their applications, whether these reside in traditional on-premises infrastructures or modern public cloud platforms. The company's extensive product portfolio includes a range of application security and delivery tools: Robust hardware like BIG-IP appliances and VIPRION chassis, complemented by their software modules and virtual editions. Software-defined solutions such as Local Traffic Manager and DNS Services for efficient traf… --- Source: https://sweetvaluelab.com/stocks/ffiv (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.