(ATEN) A10 Network - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0021211018

Application Delivery, Network Security, Denial Service Protection

ATEN EPS (Earnings per Share)

EPS (Earnings per Share) of ATEN over the last years for every Quarter: "2020-09": 0.13, "2020-12": 0.18, "2021-03": 0.12, "2021-06": 0.13, "2021-09": 0.17, "2021-12": 0.2, "2022-03": 0.13, "2022-06": 0.17, "2022-09": 0.17, "2022-12": 0.24, "2023-03": 0.13, "2023-06": 0.19, "2023-09": 0.16, "2023-12": 0.25, "2024-03": 0.17, "2024-06": 0.18, "2024-09": 0.21, "2024-12": 0.31, "2025-03": 0.2, "2025-06": 0.21, "2025-09": 0,

ATEN Revenue

Revenue of ATEN over the last years for every Quarter: 2020-09: 56.608, 2020-12: 62.655, 2021-03: 54.843, 2021-06: 59.168, 2021-09: 65.36, 2021-12: 70.671, 2022-03: 62.672, 2022-06: 67.973, 2022-09: 72.059, 2022-12: 77.634, 2023-03: 57.691, 2023-06: 65.817, 2023-09: 57.775, 2023-12: 70.417, 2024-03: 60.675, 2024-06: 60.096, 2024-09: 66.721, 2024-12: 74.204, 2025-03: 66.137, 2025-06: 69.383, 2025-09: null,

Description: ATEN A10 Network August 19, 2025

A10 Networks, listed on the NYSE under the ticker symbol ATEN, operates within the Systems Software sub-industry. The companys market capitalization stands at approximately $1.256 billion USD, categorizing it as a mid-cap entity.

The stocks current price is $17.18, with various moving averages indicating a potential trend reversal or consolidation phase, as the short-term SMA20 and SMA50 are above the current price, while the long-term SMA200 is slightly below, suggesting a complex trend. The Average True Range (ATR) indicates a moderate level of volatility.

From a fundamental analysis perspective, A10 Networks Price-to-Earnings (P/E) ratio is 25.23, slightly higher than the industry average for software companies, suggesting a premium valuation. The forward P/E ratio is 19.84, indicating expected earnings growth. The Return on Equity (RoE) of 24.04% is robust, signifying efficient use of shareholder equity.

Key drivers for A10 Networks include the growing demand for cybersecurity solutions, as businesses increasingly move online and face rising threats. The companys positioning within the Systems Software sub-industry places it at the intersection of network security, application delivery, and cloud infrastructure. KPIs to watch include revenue growth, particularly from its core segments such as its Application Delivery and Security solutions, and the companys ability to maintain its RoE and expand its profit margins.

Economic drivers influencing A10 Networks include the pace of digital transformation, regulatory requirements for cybersecurity, and the overall health of the global economy, which can impact IT spending. The companys beta of 1.348 suggests its stock price is more volatile than the broader market, potentially due to its positioning in the technology sector.

ATEN Stock Overview

Market Cap in USD 1,263m
Sub-Industry Systems Software
IPO / Inception 2014-03-21

ATEN Stock Ratings

Growth Rating 20.5%
Fundamental 71.6%
Dividend Rating 67.5%
Return 12m vs S&P 500 1.02%
Analyst Rating 4.17 of 5

ATEN Dividends

Dividend Yield 12m 1.37%
Yield on Cost 5y 3.69%
Annual Growth 5y 68.69%
Payout Consistency 99.0%
Payout Ratio 25.8%

ATEN Growth Ratios

Growth Correlation 3m 40.4%
Growth Correlation 12m 6.7%
Growth Correlation 5y 67.8%
CAGR 5y 0.29%
CAGR/Max DD 3y (Calmar Ratio) 0.01
CAGR/Mean DD 3y (Pain Ratio) 0.01
Sharpe Ratio 12m 2.11
Alpha -2.25
Beta 1.271
Volatility 30.49%
Current Volume 421.1k
Average Volume 20d 415.8k
Stop Loss 16.9 (-3.4%)
Signal -1.01

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (51.0m TTM) > 0 and > 6% of Revenue (6% = 16.6m TTM)
FCFTA 0.12 (>2.0%) and ΔFCFTA -3.03pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 123.8% (prev 64.27%; Δ 59.52pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.14 (>3.0%) and CFO 85.2m > Net Income 51.0m (YES >=105%, WARN >=100%)
Net Debt (-23.1m) to EBITDA (64.2m) ratio: -0.36 <= 3.0 (WARN <= 3.5)
Current Ratio 4.16 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (73.1m) change vs 12m ago -3.15% (target <= -2.0% for YES)
Gross Margin 79.72% (prev 80.81%; Δ -1.09pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 55.01% (prev 62.68%; Δ -7.67pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 17.67 (EBITDA TTM 64.2m / Interest Expense TTM 2.91m) >= 6 (WARN >= 3)

Altman Z'' 4.05

(A) 0.56 = (Total Current Assets 450.4m - Total Current Liabilities 108.2m) / Total Assets 607.9m
(B) -0.03 = Retained Earnings (Balance) -20.3m / Total Assets 607.9m
(C) 0.10 = EBIT TTM 51.3m / Avg Total Assets 502.5m
(D) -0.21 = Book Value of Equity -84.6m / Total Liabilities 403.9m
Total Rating: 4.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 71.57

1. Piotroski 5.50pt = 0.50
2. FCF Yield 6.27% = 3.14
3. FCF Margin 25.55% = 6.39
4. Debt/Equity 1.13 = 1.90
5. Debt/Ebitda -0.36 = 2.50
6. ROIC - WACC (= 4.98)% = 6.23
7. RoE 24.04% = 2.00
8. Rev. Trend -0.76% = -0.06
9. EPS Trend -20.62% = -1.03

What is the price of ATEN shares?

As of October 31, 2025, the stock is trading at USD 17.49 with a total of 421,050 shares traded.
Over the past week, the price has changed by -1.52%, over one month by -3.26%, over three months by -6.65% and over the past year by +20.82%.

Is A10 Network a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, A10 Network (NYSE:ATEN) is currently (October 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 71.57 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ATEN is around 16.03 USD . This means that ATEN is currently overvalued and has a potential downside of -8.35%.

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.
  • Strong Buy: 3
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the ATEN price?

Issuer Target Up/Down from current
Wallstreet Target Price 23 31.5%
Analysts Target Price 23 31.5%
ValueRay Target Price 18 2.7%

ATEN Fundamental Data Overview October 17, 2025

Market Cap USD = 1.26b (1.26b USD * 1.0 USD.USD)
P/E Trailing = 25.3768
P/E Forward = 19.0476
P/S = 4.5701
P/B = 6.5401
P/EG = -10.86
Beta = 1.271
Revenue TTM = 276.4m USD
EBIT TTM = 51.3m USD
EBITDA TTM = 64.2m USD
Long Term Debt = 218.1m USD (from longTermDebt, last quarter)
Short Term Debt = 5.48m USD (from shortTermDebt, last quarter)
Debt = 229.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -23.1m USD (from netDebt column, last quarter)
Enterprise Value = 1.13b USD (1.26b + Debt 229.8m - CCE 367.4m)
Interest Coverage Ratio = 17.67 (Ebit TTM 51.3m / Interest Expense TTM 2.91m)
FCF Yield = 6.27% (FCF TTM 70.6m / Enterprise Value 1.13b)
FCF Margin = 25.55% (FCF TTM 70.6m / Revenue TTM 276.4m)
Net Margin = 18.46% (Net Income TTM 51.0m / Revenue TTM 276.4m)
Gross Margin = 79.72% ((Revenue TTM 276.4m - Cost of Revenue TTM 56.1m) / Revenue TTM)
Gross Margin QoQ = 78.85% (prev 79.68%)
Tobins Q-Ratio = 1.85 (Enterprise Value 1.13b / Total Assets 607.9m)
Interest Expense / Debt = 0.60% (Interest Expense 1.38m / Debt 229.8m)
Taxrate = 11.66% (1.39m / 11.9m)
NOPAT = 45.3m (EBIT 51.3m * (1 - 11.66%))
Current Ratio = 4.16 (Total Current Assets 450.4m / Total Current Liabilities 108.2m)
Debt / Equity = 1.13 (Debt 229.8m / totalStockholderEquity, last quarter 204.0m)
Debt / EBITDA = -0.36 (Net Debt -23.1m / EBITDA 64.2m)
Debt / FCF = -0.33 (Net Debt -23.1m / FCF TTM 70.6m)
Total Stockholder Equity = 212.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.39% (Net Income 51.0m / Total Assets 607.9m)
RoE = 24.04% (Net Income TTM 51.0m / Total Stockholder Equity 212.2m)
RoCE = 11.93% (EBIT 51.3m / Capital Employed (Equity 212.2m + L.T.Debt 218.1m))
RoIC = 14.12% (NOPAT 45.3m / Invested Capital 321.2m)
WACC = 9.13% (E(1.26b)/V(1.49b) * Re(10.70%) + D(229.8m)/V(1.49b) * Rd(0.60%) * (1-Tc(0.12)))
Discount Rate = 10.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.24%
[DCF Debug] Terminal Value 70.82% ; FCFE base≈65.7m ; Y1≈71.9m ; Y5≈91.3m
Fair Price DCF = 14.37 (DCF Value 1.04b / Shares Outstanding 72.2m; 5y FCF grow 10.76% → 3.0% )
EPS Correlation: -20.62 | EPS CAGR: -60.98% | SUE: -4.0 | # QB: 0
Revenue Correlation: -0.76 | Revenue CAGR: -1.37% | SUE: 1.16 | # QB: 4

Additional Sources for ATEN Stock

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