A10 Networks Fundamentals

ATEN
 Stock
  

USD 15.36  0.45  3.02%   

A10 Networks fundamentals help investors to digest information that contributes to A10 Networks' financial success or failures. It also enables traders to predict the movement of A10 Networks Stock. The fundamental analysis module provides a way to measure A10 Networks' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to A10 Networks stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
A10 Networks Operating Expenses is quite stable at the moment as compared to the past year. The company's current value of Operating Expenses is estimated at 182.09 Million. Operating Income is expected to rise to about 36 M this year, although the value of Direct Expenses will most likely fall to about 46.6 M.

A10 Networks Price to Book Analysis

A10 Networks' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
 2019 2020 2021 2022 (projected)
Tangible Asset Value270.44 M288.64 M391.78 M330.92 M
Market Capitalization527.74 M756.35 M1.29 B1.03 B
P/B 
 = 
MV Per Share 
BV Per Share 
More About Price to Book | All Equity Analysis

Current A10 Networks Price to Book

    
  5.18 X  
Most of A10 Networks' fundamental indicators, such as Price to Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, A10 Networks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

A10 Networks Price to Book Historical Pattern

Today, most investors in A10 Networks Stock are looking for potential investment opportunities by analyzing not only static indicators but also various A10 Networks' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of A10 Networks price to book as a starting point in their analysis.
   A10 Networks Price to Book   
Share
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Compare to competition

A10 Networks Book Value per Share

Book Value per Share

2.93

A10 Networks Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 2.93
Based on the latest financial disclosure, the price to book indicator of A10 Networks is roughly 5.18 times. This is 54.04% lower than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The price to book for all United States stocks is 45.53% higher than that of the company.

A10 Networks Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining A10 Networks's current stock value. Our valuation model uses many indicators to compare A10 Networks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across A10 Networks competition to find correlations between indicators driving A10 Networks's intrinsic value. More Info.
A10 Networks is rated third in debt to equity category among related companies. It is the top company in current valuation category among related companies reporting about  8,103,606,557  of Current Valuation per Debt to Equity. . Comparative valuation analysis is a catch-all model that can be used if you cannot value A10 Networks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for A10 Networks' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the A10 Networks' earnings, one of the primary drivers of an investment's value.

A10 Networks Profit Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses A10 Networks' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of A10 Networks could also be used in its relative valuation, which is a method of valuing A10 Networks by comparing valuation metrics of similar companies.
A10 Networks is currently under evaluation in profit margin category among related companies.

A10 Networks Current Valuation Drivers

We derive many important indicators used in calculating different scores of A10 Networks from analyzing A10 Networks' financial statements. These drivers represent accounts that assess A10 Networks' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of A10 Networks' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(12.88 K)(33.11 K)(22 K)23.72 K160.82 K173.52 K
Revenue Per Employee281.95 K278.44 K262.5 K300.28 K423.8 K343.45 K
Average Assets220.12 M230.34 M240.45 M279.39 M338.81 M304.88 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(872 K)(18.53 M)(6.15 M)30.44 M40.55 M43.75 M
Earnings Before Interest Taxes and Depreciation Amortization USD(872 K)(18.53 M)(6.15 M)30.44 M40.55 M43.75 M
Earnings before Tax(9.54 M)(26.54 M)(16.41 M)19.14 M31.64 M34.14 M
Average Equity91.6 M100.45 M101.51 M115.45 M165.41 M133.38 M
Enterprise Value506.28 M424.34 M491.68 M673.28 M1.2 B1.29 B
Free Cash Flow8.58 M(5.49 M)(4.77 M)51.72 M44.93 M48.47 M
Invested Capital79.07 M92.83 M127.12 M97.58 M196.77 M212.3 M
Invested Capital Average77 M87.82 M106.14 M104.3 M154.87 M167.09 M
Market Capitalization546.2 M460.5 M527.74 M756.35 M1.29 B1.03 B
Tangible Asset Value218.36 M230.82 M270.44 M288.64 M391.78 M330.92 M
Working Capital111.08 M117.57 M123.36 M134.52 M167.93 M140.12 M

A10 Networks Fundamentals

About A10 Networks Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze A10 Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of A10 Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of A10 Networks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Deferred Revenue121.6 M111.1 M
Cost of Revenue53.5 M53.4 M
Revenues250 M242.8 M
Revenue to Assets 0.64  0.93 
Revenue Per Employee423.8 K343.5 K
A10 Networks, Inc. provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California. A10 Networks operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 590 people.

A10 Networks Investors Sentiment

The influence of A10 Networks' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in A10 Networks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to A10 Networks' public news can be used to forecast risks associated with investment in A10 Networks. The trend in average sentiment can be used to explain how an investor holding A10 Networks can time the market purely based on public headlines and social activities around A10 Networks. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
A10 Networks' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for A10 Networks' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average A10 Networks' news discussions. The higher the estimate score, the more favorable is the investor's outlook on A10 Networks.

A10 Networks Implied Volatility

    
  73.49  
A10 Networks' implied volatility exposes the market's sentiment of A10 Networks stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if A10 Networks' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that A10 Networks stock will not fluctuate a lot when A10 Networks' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards A10 Networks in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, A10 Networks' short interest history, or implied volatility extrapolated from A10 Networks options trading.

Pair Trading with A10 Networks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if A10 Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in A10 Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with A10 Networks

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0.61BKKTBakkt Hldgs Normal TradingPairCorr
The ability to find closely correlated positions to A10 Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A10 Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back A10 Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling A10 Networks to buy it.
The correlation of A10 Networks is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as A10 Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A10 Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for A10 Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to A10 Networks Piotroski F Score and A10 Networks Altman Z Score analysis. Note that the A10 Networks information on this page should be used as a complementary analysis to other A10 Networks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running A10 Networks price analysis, check to measure A10 Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy A10 Networks is operating at the current time. Most of A10 Networks' value examination focuses on studying past and present price action to predict the probability of A10 Networks' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A10 Networks' price. Additionally, you may evaluate how the addition of A10 Networks to your portfolios can decrease your overall portfolio volatility.
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Is A10 Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of A10 Networks. If investors know A10 Networks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about A10 Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.63
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0795
Return On Equity
0.64
The market value of A10 Networks is measured differently than its book value, which is the value of A10 Networks that is recorded on the company's balance sheet. Investors also form their own opinion of A10 Networks' value that differs from its market value or its book value, called intrinsic value, which is A10 Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because A10 Networks' market value can be influenced by many factors that don't directly affect A10 Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between A10 Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine A10 Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A10 Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.