F5, Inc. Q3 Earnings: Narrative Hits 'Refresh', 10x Operating Profits

E ■ I H i Thomas Barwick Investment Thesis F5 (NASDAQ:FFIV) positively surprised investors with its fiscal Q4 guidance, which saw its share price increase by around 12% premarket. Undoubtedly, there's a lot to like here. You have a debt-free business, with more than 8% of its market cap made up of cash. On top of that, I estimate this stock to be priced at around 10x next year's operating profits. And finally, and best of all, I believe that F5 will grow next year by mid-single digits, which is higher than ...