Using the PEG framework with analyst consensus forward EPS growth of 10.4%, F5, Inc. has a fair value of $165.82 based on NTM EPS (FY2026) of $15.94. The current PEG ratio is 1.78.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG works well for steady growers with predictable earnings.
| EPS Growth RateForward | 10.4% |
| Adjusted Growth (clamped 8–25%) | 10.4% |
| Fair P/E | 10.4x |
| NTM EPS (FY2026) | $15.94 |
| Fair Value | $165.82 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $11.80 | — | — |
| FY2026E | $15.94 | +35.1% | 10 |
| FY2027E | $16.72 | +4.9% | 10 |
| FY2028E | $17.53 | +4.9% | 6 |
| FY2029E | $17.53 | -0.0% | 4 |
4Y Forward EPS CAGR: 10.4%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $331.2M | $5.34 | — |
| FY2022 | $322.2M | $5.27 | -1.3% |
| FY2023 | $394.9M | $6.55 | +24.3% |
| FY2024 | $566.8M | $9.55 | +45.8% |
| FY2025 | $692.4M | $11.80 | +23.6% |
4Y Historical EPS CAGR: 21.9%
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.