Stocktoria

Fatpipe Inc/UT FATN

Nasdaq · stock · Services-Prepackaged Software · website · IPO 2025-04-08

Fatpipe Inc/UT (FATN) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2026 revenue was $19.2M at a 25.9% net margin.

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80/100
Stocktoria Quality Score · grade A
4/9
Piotroski F — financial health
7.38
Altman Z″ — distress risk · safe
Dividend yield · no dividend
-1.43
Beneish M-score — earnings quality · elevated

Quality score trend · recomputed for each fiscal year

Piotroski F /9
2 4 20252026
Altman Z″
4.96 7.38 20252026

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$6.81 as of 2026-08-12 · +6.6% 1y
$1.46$7.9652-wk

Beneish M-score: -1.43 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$85M
P / E17×
Net margin 5y avg20.8%
Employees172

Analyst price target

$8.80 +29.2% vs last
· 3 analysts
target range $6.40 – $12.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 3y · up

How it ranks in Services · percentile among 982 companies

Piotroski Fstronger than 35%
Net marginstronger than 93%
Return on equitystronger than 81%
Revenue growthstronger than 76%

Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 4/9 tests passed

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.353
Retained earnings / assets0.466
EBIT / assets0.104
Equity / liabilities2.709

Sector peers · similar-size Services companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
FATNFatpipe Inc/UT4/97.3817+17.9%
SMSISMITH MICRO SOFTWARE, INC.3/9-15.5%
AWREAWARE INC /MA/2/9-1.69-0.6%
INLXINTELLINETICS, INC.4/9-3.04-8%
GEGGreat Elm Group, Inc.2/95.9-8.5%
IDNIntellicheck, Inc.5/9-8.9969.2+13.3%
BLINBridgeline Digital, Inc.4/9-19.97+0.2%

All Services companies →

About Fatpipe Inc/UT

FatPipe, Inc. develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally. The company offers SD-WAN, a network architecture solution that allows enterprises to utilize software and virtualization technologies to enhance the performance, security, and manageability of their WANs that connect offices, data centers, cloud applications, and cloud storage; SASE that provides virtual network functions, which combine networking and network security services into a single cloud-delivered solution; and NMS, a EnterpriseView reporting system for network monitoring that provides a platform to monitor an end-user's WAN and the performance of FatPipe devices under management. It also provides technical support services, professional, technology development, cyber security, and training services. In addition, the company offers its solutions to enterprises, communication service providers, security service providers, government organizations, and other middle-market companies. The company sells its software solutions through a subscription-based model through a network of distributors, value-added resellers, internet service providers, and other third parties. FatPipe, Inc. was incorporated in 2009 and is headquartered in Salt Lake City, Utah.

FAQ

Is FATN financially healthy?

Fatpipe Inc/UT's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.

Does FATN pay a dividend?

No, Fatpipe Inc/UT does not currently pay a dividend.

How profitable is FATN?

In FY2026, Fatpipe Inc/UT had a net margin of 25.9% and a return on equity of 19.7%.

What is FATN's P/E ratio?

Fatpipe Inc/UT's trailing price-to-earnings (P/E) ratio is about 17.0×, based on its latest annual earnings.

What is the analyst price target for FATN?

The average Wall-Street price target for Fatpipe Inc/UT is $8.80, about 29.2% above the recent price, from 3 analysts.

Is FATN a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Fatpipe Inc/UT: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone, a P/E of about 17.0×. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.