A10 Networks, Inc.

A10 Networks, Inc.

ATENยทNYSE

$32.64

-0.40%
TechnologySoftware - Infrastructure

A10 Networks, Inc. provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and microservices; and Thunder Carrier Grade Networking product, which offers standards-compliant address and protocol translation services for service provider networks. It also provides Thunder Threat Protection System (TPS) for the protection of networks and server resources against massive distributed denial of service attacks; Thunder Secure Sockets Layer (SSL) Insight solution that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses various critical security capabilities in one package by consolidating various security and networking functions in a single appliance. In addition, the company offers intelligent management and automation tools comprising harmony controller that provides intelligent management, automation, and analytics for secure application delivery in multi-cloud environment; and aGalaxy TPS, a multi-device network management solution. A10 Networks, Inc. delivers its solutions on optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software. It serves cloud providers; service providers include cloud, telecommunications, and multiple system and cable operators; government organizations; and enterprises in the technology, industrial, retail, financial, gaming, and education industries. The company markets its products through sales organizations, as well as distribution channel partners, including distributors, value added resellers, and system integrators. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$2.35B
EPS0.5800
P/E Ratio30.33
Earnings Date08/04/2026
A10 Networks, Inc.

A10 Networks, Inc. Fair Value Envelope

ATEN ยท NYSE

Our analysis suggests that ATEN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $32.64, this represents a potential HIDDEN relative to our calculated worth for A10 Networks, Inc..

Intrinsic Value
Current Price: $32.64

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$343.4M
+ Cash & Equivalents$71.1M
Firm Value$414.6M
- Debt$222.6M
Equity Value$191.9M
/ Shares Outstanding71,732,883B
DCF Value$3
OVERVALUED BY 92%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$70.3M
$58.2M
$48.2M
$39.9M
$33.0M
$27.3M
$22.6M
$18.7M
$15.5M
$12.9M
Maintenance CapEx
-$3.3M
-$2.8M
-$2.3M
-$1.9M
-$1.6M
-$1.3M
-$1.1M
-$889.0K
-$736.0K
-$609.4K
Owner Earnings
$67.0M
$55.4M
$45.9M
$38.0M
$31.5M
$26.1M
$21.6M
$17.9M
$14.8M
$12.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$62.0M
$47.5M
$36.4M
$27.9M
$21.4M
$16.4M
$12.6M
$9.6M
$7.4M
$5.7M
Terminal Value represents 28.1% of Enterprise Value