(ATEN) A10 Network - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US0021211018
Load Balancer, Firewall, SSL Insight, DDoS Defense, Analytics
Dividends
| Dividend Yield | 1.32% |
| Yield on Cost 5y | 3.15% |
| Yield CAGR 5y | 6.90% |
| Payout Consistency | 98.8% |
| Payout Ratio | 25.3% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 30.7% |
| Value at Risk 5%th | 47.6% |
| Relative Tail Risk | -5.67% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.01 |
| Alpha | -15.85 |
| CAGR/Max DD | 0.12 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.490 |
| Beta | 1.049 |
| Beta Downside | 1.062 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.89% |
| Mean DD | 16.44% |
| Median DD | 17.03% |
Description: ATEN A10 Network November 15, 2025
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 Defend SaaS suite-for enterprises, service providers, and government customers across North America, EMEA, APAC, and Japan.
The company’s offerings span hardware appliances, bare-metal and containerized software, virtual appliances, and cloud-native services, enabling flexible deployment in data-center, edge, and multi-cloud environments. Its go-to-market model combines a direct sales force with a network of distributors, value-added resellers, and system integrators.
In FY 2023, A10 reported revenue of approximately $560 million, up roughly 9 % year-over-year, driven by strong demand for DDoS mitigation and SSL decryption as enterprises accelerate digital transformation. The broader application-delivery and network-security market is projected to grow at a CAGR of 10-12 % through 2028, fueled by 5G rollout, edge-computing adoption, and rising cyber-threat sophistication-key tailwinds for A10’s product set.
For a deeper, data-rich assessment of ATEN’s valuation dynamics, you may find it useful to explore the company’s profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (50.6m TTM) > 0 and > 6% of Revenue (6% = 17.1m TTM) |
| FCFTA 0.12 (>2.0%) and ΔFCFTA -1.74pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 117.1% (prev 60.80%; Δ 56.29pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.14 (>3.0%) and CFO 87.9m > Net Income 50.6m (YES >=105%, WARN >=100%) |
| Net Debt (142.3m) to EBITDA (70.1m) ratio: 2.03 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.59 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (73.0m) change vs 12m ago -2.32% (target <= -2.0% for YES) |
| Gross Margin 79.66% (prev 80.69%; Δ -1.03pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 55.34% (prev 63.25%; Δ -7.91pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 10.63 (EBITDA TTM 70.1m / Interest Expense TTM 5.29m) >= 6 (WARN >= 3) |
Altman Z'' 4.02
| (A) 0.54 = (Total Current Assets 461.7m - Total Current Liabilities 128.7m) / Total Assets 620.1m |
| (B) -0.01 = Retained Earnings (Balance) -8.07m / Total Assets 620.1m |
| (C) 0.11 = EBIT TTM 56.3m / Avg Total Assets 513.9m |
| (D) -0.18 = Book Value of Equity -76.1m / Total Liabilities 413.9m |
| Total Rating: 4.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 72.82
| 1. Piotroski 5.50pt |
| 2. FCF Yield 6.32% |
| 3. FCF Margin 25.33% |
| 4. Debt/Equity 1.11 |
| 5. Debt/Ebitda 2.03 |
| 6. ROIC - WACC (= 4.62)% |
| 7. RoE 24.14% |
| 8. Rev. Trend 9.25% |
| 9. EPS Trend 49.91% |
What is the price of ATEN shares?
As of December 14, 2025, the stock is trading at USD 18.12 with a total of 1,250,212 shares traded.
Over the past week, the price has changed by +1.97%, over one month by +6.39%, over three months by +4.20% and over the past year by -3.22%.
Over the past week, the price has changed by +1.97%, over one month by +6.39%, over three months by +4.20% and over the past year by -3.22%.
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 | 23.2 | 27.9% |
| Analysts Target Price | 23.2 | 27.9% |
| ValueRay Target Price | 18.8 | 3.6% |
ATEN Fundamental Data Overview December 10, 2025
Market Cap USD = 1.28b (1.28b USD * 1.0 USD.USD)
P/E Trailing = 25.7681
P/E Forward = 19.0476
P/S = 4.5107
P/B = 6.1809
P/EG = -10.86
Beta = 1.266
Revenue TTM = 284.4m USD
EBIT TTM = 56.3m USD
EBITDA TTM = 70.1m USD
Long Term Debt = 218.4m USD (from longTermDebt, last quarter)
Short Term Debt = 5.53m USD (from shortTermDebt, last quarter)
Debt = 228.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 142.3m USD (from netDebt column, last quarter)
Enterprise Value = 1.14b USD (1.28b + Debt 228.8m - CCE 370.9m)
Interest Coverage Ratio = 10.63 (Ebit TTM 56.3m / Interest Expense TTM 5.29m)
FCF Yield = 6.32% (FCF TTM 72.1m / Enterprise Value 1.14b)
FCF Margin = 25.33% (FCF TTM 72.1m / Revenue TTM 284.4m)
Net Margin = 17.78% (Net Income TTM 50.6m / Revenue TTM 284.4m)
Gross Margin = 79.66% ((Revenue TTM 284.4m - Cost of Revenue TTM 57.8m) / Revenue TTM)
Gross Margin QoQ = 80.14% (prev 78.85%)
Tobins Q-Ratio = 1.84 (Enterprise Value 1.14b / Total Assets 620.1m)
Interest Expense / Debt = 1.04% (Interest Expense 2.39m / Debt 228.8m)
Taxrate = 12.88% (1.80m / 14.0m)
NOPAT = 49.0m (EBIT 56.3m * (1 - 12.88%))
Current Ratio = 3.59 (Total Current Assets 461.7m / Total Current Liabilities 128.7m)
Debt / Equity = 1.11 (Debt 228.8m / totalStockholderEquity, last quarter 206.2m)
Debt / EBITDA = 2.03 (Net Debt 142.3m / EBITDA 70.1m)
Debt / FCF = 1.97 (Net Debt 142.3m / FCF TTM 72.1m)
Total Stockholder Equity = 209.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.16% (Net Income 50.6m / Total Assets 620.1m)
RoE = 24.14% (Net Income TTM 50.6m / Total Stockholder Equity 209.5m)
RoCE = 13.15% (EBIT 56.3m / Capital Employed (Equity 209.5m + L.T.Debt 218.4m))
RoIC = 13.14% (NOPAT 49.0m / Invested Capital 373.0m)
WACC = 8.52% (E(1.28b)/V(1.51b) * Re(9.88%) + D(228.8m)/V(1.51b) * Rd(1.04%) * (1-Tc(0.13)))
Discount Rate = 9.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.29%
[DCF Debug] Terminal Value 75.03% ; FCFE base≈65.0m ; Y1≈77.1m ; Y5≈120.0m
Fair Price DCF = 20.84 (DCF Value 1.49b / Shares Outstanding 71.7m; 5y FCF grow 19.78% → 3.0% )
EPS Correlation: 49.91 | EPS CAGR: 3.80% | SUE: 0.69 | # QB: 0
Revenue Correlation: 9.25 | Revenue CAGR: 1.48% | SUE: 1.36 | # QB: 5
EPS next Quarter (2026-03-31): EPS=0.21 | Chg30d=-0.005 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=0.94 | Chg30d=-0.032 | Revisions Net=-1 | Growth EPS=+7.4% | Growth Revenue=+8.1%
P/E Trailing = 25.7681
P/E Forward = 19.0476
P/S = 4.5107
P/B = 6.1809
P/EG = -10.86
Beta = 1.266
Revenue TTM = 284.4m USD
EBIT TTM = 56.3m USD
EBITDA TTM = 70.1m USD
Long Term Debt = 218.4m USD (from longTermDebt, last quarter)
Short Term Debt = 5.53m USD (from shortTermDebt, last quarter)
Debt = 228.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 142.3m USD (from netDebt column, last quarter)
Enterprise Value = 1.14b USD (1.28b + Debt 228.8m - CCE 370.9m)
Interest Coverage Ratio = 10.63 (Ebit TTM 56.3m / Interest Expense TTM 5.29m)
FCF Yield = 6.32% (FCF TTM 72.1m / Enterprise Value 1.14b)
FCF Margin = 25.33% (FCF TTM 72.1m / Revenue TTM 284.4m)
Net Margin = 17.78% (Net Income TTM 50.6m / Revenue TTM 284.4m)
Gross Margin = 79.66% ((Revenue TTM 284.4m - Cost of Revenue TTM 57.8m) / Revenue TTM)
Gross Margin QoQ = 80.14% (prev 78.85%)
Tobins Q-Ratio = 1.84 (Enterprise Value 1.14b / Total Assets 620.1m)
Interest Expense / Debt = 1.04% (Interest Expense 2.39m / Debt 228.8m)
Taxrate = 12.88% (1.80m / 14.0m)
NOPAT = 49.0m (EBIT 56.3m * (1 - 12.88%))
Current Ratio = 3.59 (Total Current Assets 461.7m / Total Current Liabilities 128.7m)
Debt / Equity = 1.11 (Debt 228.8m / totalStockholderEquity, last quarter 206.2m)
Debt / EBITDA = 2.03 (Net Debt 142.3m / EBITDA 70.1m)
Debt / FCF = 1.97 (Net Debt 142.3m / FCF TTM 72.1m)
Total Stockholder Equity = 209.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.16% (Net Income 50.6m / Total Assets 620.1m)
RoE = 24.14% (Net Income TTM 50.6m / Total Stockholder Equity 209.5m)
RoCE = 13.15% (EBIT 56.3m / Capital Employed (Equity 209.5m + L.T.Debt 218.4m))
RoIC = 13.14% (NOPAT 49.0m / Invested Capital 373.0m)
WACC = 8.52% (E(1.28b)/V(1.51b) * Re(9.88%) + D(228.8m)/V(1.51b) * Rd(1.04%) * (1-Tc(0.13)))
Discount Rate = 9.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.29%
[DCF Debug] Terminal Value 75.03% ; FCFE base≈65.0m ; Y1≈77.1m ; Y5≈120.0m
Fair Price DCF = 20.84 (DCF Value 1.49b / Shares Outstanding 71.7m; 5y FCF grow 19.78% → 3.0% )
EPS Correlation: 49.91 | EPS CAGR: 3.80% | SUE: 0.69 | # QB: 0
Revenue Correlation: 9.25 | Revenue CAGR: 1.48% | SUE: 1.36 | # QB: 5
EPS next Quarter (2026-03-31): EPS=0.21 | Chg30d=-0.005 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=0.94 | Chg30d=-0.032 | Revisions Net=-1 | Growth EPS=+7.4% | Growth Revenue=+8.1%
Additional Sources for ATEN Stock
News:
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Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle