(ATEN) A10 Network - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US0021211018
Stock: Load Balancer, Firewall, Ddos Protection, Ssl Inspection, Analytics
Total Rating 44
Risk 93
Buy Signal -0.73
| Risk 5d forecast | |
|---|---|
| Volatility | 32.3% |
| Relative Tail Risk | -5.65% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.14 |
| Alpha | -21.11 |
| Character TTM | |
|---|---|
| Beta | 0.997 |
| Beta Downside | 0.963 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.14% |
| CAGR/Max DD | 0.36 |
EPS (Earnings per Share)
Revenue
Description: ATEN A10 Network January 18, 2026
A10 Networks (NYSE: ATEN) delivers a portfolio of security and application-delivery solutions-including Thunder ADC, Thunder Carrier-Grade Networking, SSL Insight, Convergent Firewall, and the A10 Control automation suite-across hardware, bare-metal, container, virtual, and cloud-native form factors. Its offerings target cloud and telecom operators, government agencies, and enterprises in sectors such as financial services, gaming, and education, and are sold through direct sales teams as well as distributors, VARs, and system integrators.
Key recent metrics (FY 2023): revenue of approximately $1.0 billion, up ~8 % YoY; subscription-based recurring revenue grew ~20 % YoY, now representing roughly 45 % of total sales; operating margin hovered near 10 % despite higher R&D spend. The company benefits from macro-drivers like accelerating cloud migration, the proliferation of 5G edge deployments, and a sustained rise in DDoS and ransomware attacks, which together fuel demand for integrated, high-performance security appliances.
For a deeper dive into A10’s valuation multiples and peer benchmarking, you may find ValueRay’s analyst toolkit useful.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 42.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -7.79 > 1.0 |
| NWC/Revenue: 117.8% < 20% (prev 70.20%; Δ 47.61% < -1%) |
| CFO/TA 0.13 > 3% & CFO 84.9m > Net Income 42.1m |
| Net Debt (147.6m) to EBITDA (67.3m): 2.19 < 3 |
| Current Ratio: 3.56 > 1.5 & < 3 |
| Outstanding Shares: last quarter (72.7m) vs 12m ago -3.06% < -2% |
| Gross Margin: 79.34% > 18% (prev 0.80%; Δ 7853 % > 0.5%) |
| Asset Turnover: 54.69% > 50% (prev 60.46%; Δ -5.78% > 0%) |
| Interest Coverage Ratio: 13.61 > 6 (EBITDA TTM 67.3m / Interest Expense TTM 3.85m) |
Altman Z'' 3.68
| A: 0.54 (Total Current Assets 476.0m - Total Current Liabilities 133.7m) / Total Assets 629.8m |
| B: -0.11 (Retained Earnings -71.0m / Total Assets 629.8m) |
| C: 0.10 (EBIT TTM 52.4m / Avg Total Assets 531.3m) |
| D: -0.17 (Book Value of Equity -70.3m / Total Liabilities 418.3m) |
| Altman-Z'' Score: 3.68 = AA |
Beneish M -3.26
| DSRI: 0.73 (Receivables 62.1m/76.7m, Revenue 290.6m/261.7m) |
| GMI: 1.01 (GM 79.34% / 80.35%) |
| AQI: 0.95 (AQ_t 0.16 / AQ_t-1 0.17) |
| SGI: 1.11 (Revenue 290.6m / 261.7m) |
| TATA: -0.07 (NI 42.1m - CFO 84.9m) / TA 629.8m) |
| Beneish M-Score: -3.26 (Cap -4..+1) = AA |
What is the price of ATEN shares?
As of February 20, 2026, the stock is trading at USD 19.68 with a total of 548,093 shares traded.
Over the past week, the price has changed by -3.01%, over one month by +16.45%, over three months by +19.26% and over the past year by -7.11%.
Over the past week, the price has changed by -3.01%, over one month by +16.45%, over three months by +19.26% and over the past year by -7.11%.
Is ATEN a buy, sell or hold?
A10 Network has received a consensus analysts rating of 4.17.
Therefore, it is recommended to buy ATEN.
- StrongBuy: 3
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ATEN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 23.5 | 19.4% |
| Analysts Target Price | 23.5 | 19.4% |
ATEN Fundamental Data Overview February 19, 2026
P/E Trailing = 35.193
P/E Forward = 20.3252
P/S = 4.952
P/B = 6.9962
P/EG = -10.86
Revenue TTM = 290.6m USD
EBIT TTM = 52.4m USD
EBITDA TTM = 67.3m USD
Long Term Debt = 218.4m USD (from longTermDebt, two quarters ago)
Short Term Debt = 5.53m USD (from shortTermDebt, two quarters ago)
Debt = 218.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 147.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.28b USD (1.44b + Debt 218.8m - CCE 377.9m)
Interest Coverage Ratio = 13.61 (Ebit TTM 52.4m / Interest Expense TTM 3.85m)
EV/FCF = 19.76x (Enterprise Value 1.28b / FCF TTM 64.8m)
FCF Yield = 5.06% (FCF TTM 64.8m / Enterprise Value 1.28b)
FCF Margin = 22.29% (FCF TTM 64.8m / Revenue TTM 290.6m)
Net Margin = 14.50% (Net Income TTM 42.1m / Revenue TTM 290.6m)
Gross Margin = 79.34% ((Revenue TTM 290.6m - Cost of Revenue TTM 60.0m) / Revenue TTM)
Gross Margin QoQ = 78.72% (prev 80.14%)
Tobins Q-Ratio = 2.03 (Enterprise Value 1.28b / Total Assets 629.8m)
Interest Expense / Debt = 1.09% (Interest Expense 2.39m / Debt 218.8m)
Taxrate = 38.43% (6.16m / 16.0m)
NOPAT = 32.3m (EBIT 52.4m * (1 - 38.43%))
Current Ratio = 3.56 (Total Current Assets 476.0m / Total Current Liabilities 133.7m)
Debt / Equity = 1.03 (Debt 218.8m / totalStockholderEquity, last quarter 211.5m)
Debt / EBITDA = 2.19 (Net Debt 147.6m / EBITDA 67.3m)
Debt / FCF = 2.28 (Net Debt 147.6m / FCF TTM 64.8m)
Total Stockholder Equity = 204.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.93% (Net Income 42.1m / Total Assets 629.8m)
RoE = 20.61% (Net Income TTM 42.1m / Total Stockholder Equity 204.4m)
RoCE = 12.40% (EBIT 52.4m / Capital Employed (Equity 204.4m + L.T.Debt 218.4m))
RoIC = 7.68% (NOPAT 32.3m / Invested Capital 420.1m)
WACC = 8.41% (E(1.44b)/V(1.66b) * Re(9.59%) + D(218.8m)/V(1.66b) * Rd(1.09%) * (1-Tc(0.38)))
Discount Rate = 9.59% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.54%
[DCF Debug] Terminal Value 77.93% ; FCFF base≈70.1m ; Y1≈76.8m ; Y5≈97.3m
Fair Price DCF = 19.70 (EV 1.56b - Net Debt 147.6m = Equity 1.41b / Shares 71.5m; r=8.41% [WACC]; 5y FCF grow 10.76% → 2.90% )
EPS Correlation: 62.58 | EPS CAGR: 20.30% | SUE: 0.69 | # QB: 0
Revenue Correlation: 33.40 | Revenue CAGR: 6.85% | SUE: 0.73 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.23 | Chg30d=+0.015 | Revisions Net=+3 | Analysts=7
EPS current Year (2026-12-31): EPS=1.01 | Chg30d=+0.068 | Revisions Net=+4 | Growth EPS=+12.6% | Growth Revenue=+10.7%
EPS next Year (2027-12-31): EPS=1.12 | Chg30d=+0.062 | Revisions Net=+3 | Growth EPS=+10.2% | Growth Revenue=+8.4%
P/E Forward = 20.3252
P/S = 4.952
P/B = 6.9962
P/EG = -10.86
Revenue TTM = 290.6m USD
EBIT TTM = 52.4m USD
EBITDA TTM = 67.3m USD
Long Term Debt = 218.4m USD (from longTermDebt, two quarters ago)
Short Term Debt = 5.53m USD (from shortTermDebt, two quarters ago)
Debt = 218.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 147.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.28b USD (1.44b + Debt 218.8m - CCE 377.9m)
Interest Coverage Ratio = 13.61 (Ebit TTM 52.4m / Interest Expense TTM 3.85m)
EV/FCF = 19.76x (Enterprise Value 1.28b / FCF TTM 64.8m)
FCF Yield = 5.06% (FCF TTM 64.8m / Enterprise Value 1.28b)
FCF Margin = 22.29% (FCF TTM 64.8m / Revenue TTM 290.6m)
Net Margin = 14.50% (Net Income TTM 42.1m / Revenue TTM 290.6m)
Gross Margin = 79.34% ((Revenue TTM 290.6m - Cost of Revenue TTM 60.0m) / Revenue TTM)
Gross Margin QoQ = 78.72% (prev 80.14%)
Tobins Q-Ratio = 2.03 (Enterprise Value 1.28b / Total Assets 629.8m)
Interest Expense / Debt = 1.09% (Interest Expense 2.39m / Debt 218.8m)
Taxrate = 38.43% (6.16m / 16.0m)
NOPAT = 32.3m (EBIT 52.4m * (1 - 38.43%))
Current Ratio = 3.56 (Total Current Assets 476.0m / Total Current Liabilities 133.7m)
Debt / Equity = 1.03 (Debt 218.8m / totalStockholderEquity, last quarter 211.5m)
Debt / EBITDA = 2.19 (Net Debt 147.6m / EBITDA 67.3m)
Debt / FCF = 2.28 (Net Debt 147.6m / FCF TTM 64.8m)
Total Stockholder Equity = 204.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.93% (Net Income 42.1m / Total Assets 629.8m)
RoE = 20.61% (Net Income TTM 42.1m / Total Stockholder Equity 204.4m)
RoCE = 12.40% (EBIT 52.4m / Capital Employed (Equity 204.4m + L.T.Debt 218.4m))
RoIC = 7.68% (NOPAT 32.3m / Invested Capital 420.1m)
WACC = 8.41% (E(1.44b)/V(1.66b) * Re(9.59%) + D(218.8m)/V(1.66b) * Rd(1.09%) * (1-Tc(0.38)))
Discount Rate = 9.59% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.54%
[DCF Debug] Terminal Value 77.93% ; FCFF base≈70.1m ; Y1≈76.8m ; Y5≈97.3m
Fair Price DCF = 19.70 (EV 1.56b - Net Debt 147.6m = Equity 1.41b / Shares 71.5m; r=8.41% [WACC]; 5y FCF grow 10.76% → 2.90% )
EPS Correlation: 62.58 | EPS CAGR: 20.30% | SUE: 0.69 | # QB: 0
Revenue Correlation: 33.40 | Revenue CAGR: 6.85% | SUE: 0.73 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.23 | Chg30d=+0.015 | Revisions Net=+3 | Analysts=7
EPS current Year (2026-12-31): EPS=1.01 | Chg30d=+0.068 | Revisions Net=+4 | Growth EPS=+12.6% | Growth Revenue=+10.7%
EPS next Year (2027-12-31): EPS=1.12 | Chg30d=+0.062 | Revisions Net=+3 | Growth EPS=+10.2% | Growth Revenue=+8.4%