ADTRAN, Inc. provides networking and communications equipment for service providers, cable/multiple system operators, and distributed enterprises in the United States and internationally.
Adequate balance sheet second-rate dividend payer.
Share Price & News
How has ADTRAN's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ATN underperformed the German Communications industry which returned -12.1% over the past year.
Return vs Market: ATN underperformed the German Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is ADTRAN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is ADTRAN undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ATN (€7.9) is trading above our estimate of fair value (€5.58)
Significantly Below Fair Value: ATN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATN is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: ATN is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATN is good value based on its PB Ratio (1.1x) compared to the DE Communications industry average (3x).
How is ADTRAN forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ATN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ATN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ATN's revenue (2.5% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: ATN's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ATN's Return on Equity is forecast to be high in 3 years time
How has ADTRAN performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATN is currently unprofitable.
Growing Profit Margin: ATN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATN is unprofitable, and losses have increased over the past 5 years at a rate of -53.5% per year.
Accelerating Growth: Unable to compare ATN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATN is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (31.6%).
Return on Equity
High ROE: ATN has a negative Return on Equity (-14.24%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is ADTRAN's financial position?
Financial Position Analysis
Short Term Liabilities: ATN's short term assets ($320.0M) exceed its short term liabilities ($113.4M).
Long Term Liabilities: ATN's short term assets ($320.0M) exceed its long term liabilities ($52.0M).
Debt to Equity History and Analysis
Debt Level: ATN's debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: ATN's debt to equity ratio has reduced from 5.2% to 1.5% over the past 5 years.
Inventory Level: ATN has a high level of physical assets or inventory.
Debt Coverage by Assets: ATN's debt is covered by short term assets (assets are 54.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ATN has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: ATN has been profitable on average in the past, therefore cash runway is not a concern.
What is ADTRAN's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ATN's dividend (4.17%) is higher than the bottom 25% of dividend payers in the German market (1.43%).
High Dividend: ATN's dividend (4.17%) is in the top 25% of dividend payers in the German market (3.8%)
Stability and Growth of Payments
Stable Dividend: ATN's dividends per share have been stable in the past 10 years.
Growing Dividend: ATN's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: ATN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: ATN's dividends in 3 years are not forecast to be well covered by earnings (402.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Stanton (54yo)
Mr. Thomas R. Stanton, also known as Tom, has been the Chief Executive Officer of Adtran Inc. since September 10, 2005. Mr. Stanton serves as Director of Birmingham Branch of Federal Reserve Bank of Atlant ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.00M) is above average for companies of similar size in the German market ($USD806.68K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Chairman & CEO||14.4yrs||US$2.00m||0.26% $995.7k|
|Senior VP of Finance||0.9yrs||US$606.95k||0.016% $62.3k|
|Chief Revenue Officer||13.5yrs||US$637.95k||0.011% $42.7k|
|Senior Vice President of Global Operations||0.9yrs||no data||0.0042% $15.9k|
|Chief Information Officer||2.1yrs||no data||0.023% $86.7k|
|Vice President of Global Marketing||11yrs||no data||no data|
|Chief Technology Officer of The EMEA & APAC Regions||5.3yrs||no data||no data|
|Senior Vice President of Subscriber Solutions & Experience||0.9yrs||no data||0.034% $130.1k|
|Chief Product Officer||0.4yrs||no data||0.062% $235.6k|
|Vice President of Carrier Networks Sales||24.1yrs||US$565.99k||no data|
Experienced Management: ATN's management team is considered experienced (3.7 years average tenure).
|Chairman & CEO||14.4yrs||US$2.00m||0.26% $995.7k|
|Director Emeritus||3.5yrs||US$180.00k||0.15% $554.2k|
|Independent Director||2.8yrs||US$180.00k||0.052% $196.2k|
|Lead Independent Director||4.8yrs||US$195.00k||0.096% $364.3k|
|Independent Director||5.8yrs||US$185.00k||0.077% $293.3k|
|Independent Director||13.1yrs||US$187.50k||0.12% $467.4k|
|Independent Director||4yrs||US$180.00k||0.060% $228.5k|
|Independent Director||3.5yrs||US$180.00k||0.060% $228.5k|
Experienced Board: ATN's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ATN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ADTRAN, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: ADTRAN, Inc.
- Ticker: ATN
- Exchange: DB
- Founded: 1985
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$412.741m
- Listing Market Cap: US$379.433m
- Shares outstanding: 47.83m
- Website: https://www.adtran.com
Number of Employees
- ADTRAN, Inc.
- 901 Explorer Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ADTN||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Aug 1994|
|ATN||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 1994|
ADTRAN, Inc. provides networking and communications equipment for service providers, cable/multiple system operators, and distributed enterprises in the United States and internationally. The company operates through Network Solutions, and Services & Support segments. It offers network management and subscriber services control and orchestration software; SDN-controlled programmable network elements; fiber to the premises and fiber to the node (FTTN) multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; optical networking edge aggregation; IP digital subscriber line access multiplexers; cabinet and outside-plant enclosures and services; pluggable optical transceivers, cables, and other miscellaneous materials; and other products and services. The company also provides cloud-based SaaS management platforms; SaaS platforms for subscriber and network analytics collection; SmartOS software licensing for residential and enterprise gateway, and Wi-Fi devices; broadband customer premise solutions and point-to-point Ethernet optical network terminals; radio frequency over glass micro nodes; residential gateway products and accessories; Wi-Fi access points, and associated powering and switching infrastructure; enterprise session border controller device platforms and software; carrier Ethernet services termination devices; voice over Internet protocol media gateways; business routers; technical support; and other products, software, and services. In addition, it offers planning, engineering, program management, maintenance, installation, and commissioning services. Further, the company offers time division multiplexed and asynchronous transfer mode based aggregation systems and customer devices; and high-bit-rate digital subscriber line, asymmetric digital subscriber line, and other technologies. ADTRAN, Inc. was founded in 1985 and is headquartered in Huntsville, Alabama.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 20:48|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.