Fatpipe Inc
Research Fatpipe Inc (FATN) on Bullrun: valuation model: 60.1% undervalued, market cap USD 82.78M, P/E 15.1. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFATN
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySoftware-Infrastructure
- CurrencyUSD
- Valuation signal60.1% undervalued
- Market capUSD 82.78M
- P/E15.1
- Financial periodFY2026
- RevenueUSD 19.21M
- Revenue growth17.9%
- Net incomeUSD 4.97M
- Free cash flow-USD 832.88K
- Gross margin91.0%
Valuation Snapshot
Bullrun's latest valuation model marks Fatpipe Inc as 60.1% undervalued; latest market cap is USD 82.78M; P/E is 15.1.
Peer valuation comparison
Latest P/E is 15.08x versus a Technology sector median of 28.57x (47.2% below).
Latest P/E is 15.08x versus a United States median of 24.87x (39.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 19.21M | USD 4.97M | -USD 832.88K | 91.0% | 0.35 | USD 5.21M | USD 5.02M | USD 25.22M |
| FY2025 | USD 16.29M | USD 1.97M | -USD 523.89K | 93.5% | 0.15 | USD 2.92M | USD 5.30M | USD 15.93M |
| FY2024 | USD 17.86M | USD 4.37M | -USD 382.61K | 94.0% | 0.35 | USD 1.11M | USD 4.20M | USD 13.94M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 82.78M | 15.1 | n/a | n/a |
| 2025 | 2025-12-31 | USD 28.13M | 40.4 | n/a | n/a |
About Fatpipe Inc
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;
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Frequently asked questions
Is Fatpipe Inc overvalued or undervalued?
Bullrun's valuation model currently marks Fatpipe Inc as 60.1% undervalued.
What is Fatpipe Inc's market cap?
Fatpipe Inc's market capitalization is USD 82.78M.
What is Fatpipe Inc's P/E ratio?
Fatpipe Inc's price-to-earnings (P/E) ratio is 15.1.
What does Fatpipe Inc do?
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.