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A10 Networks

NYSE:ATEN
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ATEN
NYSE
$526M
Market Cap
  1. Home
  2. US
  3. Software
Company description

A10 Networks, Inc. provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and Latin America. The last earnings update was 36 days ago. More info.


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ATEN Share Price and Events
7 Day Returns
2.3%
NYSE:ATEN
-0.3%
US Software
-0.8%
US Market
1 Year Returns
13.6%
NYSE:ATEN
27.1%
US Software
7%
US Market
ATEN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
A10 Networks (ATEN) 2.3% -1.4% 6.9% 13.6% 8.5% -46.4%
US Software -0.3% 2.8% 13.7% 27.1% 114.9% 158.5%
US Market -0.8% 2.7% 7.5% 7% 37.9% 47%
1 Year Return vs Industry and Market
  • ATEN underperformed the Software industry which returned 27.1% over the past year.
  • ATEN outperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
ATEN
Industry
5yr Volatility vs Market

ATEN Value

 Is A10 Networks undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for A10 Networks. This is due to cash flow or dividend data being unavailable. The share price is $7.01.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for A10 Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are A10 Networks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:ATEN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.38
NYSE:ATEN Share Price ** NYSE (2019-04-22) in USD $7.01
United States of America Software Industry PE Ratio Median Figure of 83 Publicly-Listed Software Companies 54.37x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of A10 Networks.

NYSE:ATEN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ATEN Share Price ÷ EPS (both in USD)

= 7.01 ÷ -0.38

-18.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • A10 Networks is loss making, we can't compare its value to the US Software industry average.
  • A10 Networks is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does A10 Networks's expected growth come at a high price?
Raw Data
NYSE:ATEN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -18.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
85%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.25x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for A10 Networks, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on A10 Networks's assets?
Raw Data
NYSE:ATEN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.40
NYSE:ATEN Share Price * NYSE (2019-04-22) in USD $7.01
United States of America Software Industry PB Ratio Median Figure of 219 Publicly-Listed Software Companies 5.67x
United States of America Market PB Ratio Median Figure of 5,186 Publicly-Listed Companies 1.91x
NYSE:ATEN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ATEN Share Price ÷ Book Value per Share (both in USD)

= 7.01 ÷ 1.40

5.01x

* Primary Listing of A10 Networks.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • A10 Networks is good value based on assets compared to the US Software industry average.
X
Value checks
We assess A10 Networks's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. A10 Networks has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ATEN Future Performance

 How is A10 Networks expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
85%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is A10 Networks expected to grow at an attractive rate?
  • Unable to compare A10 Networks's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare A10 Networks's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • A10 Networks's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:ATEN Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:ATEN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 85%
NYSE:ATEN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 6%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 15.4%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:ATEN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:ATEN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 262 0 2
2019-12-31 239 -21 2
NYSE:ATEN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 232 -3 -28
2018-09-30 226 -1 -25
2018-06-30 227 -2 -26
2018-03-31 221 13 -29
2017-12-31 235 14 -11
2017-09-30 241 7 -15
2017-06-30 234 13 -17
2017-03-31 237 9 -14
2016-12-31 227 19 -22
2016-09-30 223 18 -27
2016-06-30 218 19 -31
2016-03-31 209 19 -36

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • A10 Networks is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • A10 Networks's revenue is expected to grow by 6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:ATEN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from A10 Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ATEN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.00 0.00 0.00 1.00
2019-12-31 -0.27 -0.27 -0.27 1.00
NYSE:ATEN Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.38
2018-09-30 -0.35
2018-06-30 -0.36
2018-03-31 -0.41
2017-12-31 -0.15
2017-09-30 -0.21
2017-06-30 -0.25
2017-03-31 -0.21
2016-12-31 -0.34
2016-09-30 -0.41
2016-06-30 -0.48
2016-03-31 -0.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if A10 Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess A10 Networks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
A10 Networks has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ATEN Past Performance

  How has A10 Networks performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare A10 Networks's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • A10 Networks does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare A10 Networks's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare A10 Networks's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
A10 Networks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from A10 Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ATEN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 232.22 -27.62 142.85 65.16
2018-09-30 225.92 -25.22 136.99 63.34
2018-06-30 227.42 -25.66 137.31 63.83
2018-03-31 220.68 -29.08 134.08 64.75
2017-12-31 235.43 -10.75 129.49 62.99
2017-09-30 241.21 -14.77 132.80 65.00
2017-06-30 234.27 -17.21 129.56 64.97
2017-03-31 237.43 -14.19 131.15 62.97
2016-12-31 227.30 -22.39 130.67 60.70
2016-09-30 222.63 -26.51 134.27 58.53
2016-06-30 218.34 -30.79 136.30 56.13
2016-03-31 208.74 -35.84 132.97 55.31
2015-12-31 196.29 -41.90 131.15 54.84
2015-09-30 187.53 -48.70 128.93 56.03
2015-06-30 180.18 -52.03 126.06 54.81
2015-03-31 177.78 -43.35 124.90 53.01
2014-12-31 179.51 -35.87 119.78 49.90
2014-09-30 176.51 -26.65 111.74 44.14
2014-06-30 172.90 -17.85 103.91 40.31
2014-03-31 157.90 -26.80 93.82 36.78
2013-12-31 141.74 -29.08 86.31 33.35
2013-09-30 133.88 -24.71 79.32 31.86
2012-12-31 120.07 -90.15 61.55 25.51

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if A10 Networks has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if A10 Networks has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if A10 Networks improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess A10 Networks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
A10 Networks has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ATEN Health

 How is A10 Networks's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up A10 Networks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • A10 Networks is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • A10 Networks's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of A10 Networks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • A10 Networks has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from A10 Networks Company Filings, last reported 3 months ago.

NYSE:ATEN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 103.88 0.00 128.38
2018-09-30 99.07 0.00 123.55
2018-06-30 98.48 0.00 127.39
2018-03-31 100.36 0.00 130.70
2017-12-31 98.39 0.00 131.13
2017-09-30 89.77 0.00 123.89
2017-06-30 89.64 0.00 132.16
2017-03-31 88.59 0.00 116.18
2016-12-31 82.75 0.00 114.35
2016-09-30 82.62 0.00 116.77
2016-06-30 78.96 0.00 113.70
2016-03-31 75.64 0.00 107.47
2015-12-31 78.21 0.00 98.12
2015-09-30 80.94 0.00 100.52
2015-06-30 84.59 0.00 96.20
2015-03-31 87.89 0.00 85.57
2014-12-31 96.57 0.00 91.91
2014-09-30 105.65 0.00 107.10
2014-06-30 112.37 0.00 112.10
2014-03-31 110.12 0.20 122.15
2013-12-31 -8.71 20.00 20.79
2013-09-30 -5.38 25.36 30.36
2012-12-31 -70.16 6.23 23.87
  • A10 Networks has no debt.
  • A10 Networks currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • A10 Networks has sufficient cash runway for more than 3 years based on current free cash flow.
  • A10 Networks has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 69.1% each year.
X
Financial health checks
We assess A10 Networks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. A10 Networks has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ATEN Dividends

 What is A10 Networks's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from A10 Networks dividends.
If you bought $2,000 of A10 Networks shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate A10 Networks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate A10 Networks's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:ATEN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:ATEN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as A10 Networks has not reported any payouts.
  • Unable to verify if A10 Networks's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of A10 Networks's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as A10 Networks has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess A10 Networks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can A10 Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. A10 Networks has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ATEN Management

 What is the CEO of A10 Networks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lee Chen
COMPENSATION $2,228,025
AGE 64
TENURE AS CEO 14.8 years
CEO Bio

Mr. Lee Chen Founded A10 Networks, Inc. in 2004, has been its Chairman since March 2014 and as its President and Chief Executive Officer since July 2004. Mr. Chen also Co-founded Foundry Networks Inc. and served as Vice President of Software Development. From 1996 to August 2004, Mr. Chen served in a variety of positions, including as Vice President of Software Engineering and Quality Assurance at Foundry Networks, Inc., a company that designed, manufactured and sold high-end enterprise and service provider switches and routers, as well as wireless, security, and traffic management solutions. From June 1996 to September 1999, Mr. Chen served as Director of Software Engineering for Foundry. From January 1995 to February 1996, Mr. Chen was the Vice President of Engineering of OTS, a software consulting company. From August 1993 to December 1995, Mr. Chen was co-founder of Centillion Networks (acquired by Bay Networks). He has held management and senior technical positions at Apple Computer, Convergent Technologies and InSync Group. He has been a Director at A10 Networks, Inc. since July 2004. Mr. Chen is a technology pioneer, especially in the area of Internet Protocol Multicast and System & System Security and holds numerous patents. Mr. Chen holds a M.S.E.E. from San Jose State University and a B.S. in Electrophysics from National Chiao-Tung University in Taiwan.

CEO Compensation
  • Lee's compensation has increased whilst company is loss making.
  • Lee's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the A10 Networks management team in years:

2.7
Average Tenure
53
Average Age
  • The tenure for the A10 Networks management team is about average.
Management Team

Lee Chen

TITLE
Founder
COMPENSATION
$2M
AGE
64
TENURE
14.8 yrs

Tom Constantino

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
53
TENURE
1.8 yrs

Rajkumar Jalan

TITLE
Chief Technology Officer
COMPENSATION
$1M
AGE
56
TENURE
10.4 yrs

Todd Kleppe

TITLE
Vice President of Global Operations

Rob Cochran

TITLE
Executive VP of Legal & Corporate Collaboration and Secretary
AGE
60
TENURE
2.4 yrs

Neil Becker

TITLE
Vice President of Worldwide Marketing and Communications
AGE
46
TENURE
3 yrs

Gunter Reiss

TITLE
Vice President of Worldwide Marketing
AGE
49
TENURE
1.5 yrs

Chris White

TITLE
Executive Vice President of Worldwide Sales
AGE
53
TENURE
1.3 yrs

Laurie Buzzell

TITLE
Vice President of Human Resources

Greg Barnes

TITLE
Managing Director of Australia & New Zealand
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure and age of the A10 Networks board of directors in years:

5.1
Average Tenure
64
Average Age
  • The tenure for the A10 Networks board of directors is about average.
Board of Directors

Lee Chen

TITLE
Founder
COMPENSATION
$2M
AGE
64
TENURE
5.1 yrs

Peter Chung

TITLE
Independent Director
COMPENSATION
$203K
AGE
50
TENURE
5.8 yrs

Phillip Salsbury

TITLE
Lead Independent Director
COMPENSATION
$215K
AGE
75

Alan Henricks

TITLE
Independent Director
COMPENSATION
$208K
AGE
67
TENURE
5.1 yrs

Tor Braham

TITLE
Independent Director
AGE
61
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • A10 Networks insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. Feb 19 Sell Gunter Reiss Individual 19. Feb 19 19. Feb 19 -4,209 $6.68 $-28,113
08. Jan 19 Sell Christopher White Individual 07. Jan 19 07. Jan 19 -9,303 $6.15 $-57,195
07. Nov 18 Sell Gunter Reiss Individual 06. Nov 18 06. Nov 18 -8,366 $6.14 $-51,342
02. Nov 18 Sell Viex Capital Advisors, LLC Company 11. Sep 18 11. Sep 18 -4,101 $6.77 $-27,769
02. Nov 18 Buy Viex Capital Advisors, LLC Company 04. Sep 18 21. Sep 18 237,347 $6.77 $1,503,596
22. Oct 18 Sell Gunter Reiss Individual 19. Oct 18 19. Oct 18 -1,183 $5.93 $-7,015
22. Oct 18 Sell Tom Constantino Individual 19. Oct 18 19. Oct 18 -15,286 $5.93 $-90,646
X
Management checks
We assess A10 Networks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. A10 Networks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ATEN News

Simply Wall St News

Who Owns A10 Networks Inc (NYSE:ATEN)?

In this analysis, my focus will be on developing a perspective on A10 Networks Inc’s (NYSE:ATEN) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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Is It Time To Buy A10 Networks Inc (NYSE:ATEN)?

A10 Networks Inc (NYSE:ATEN), a software company based in United States,. … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at A10 Networks’s outlook and value based on the most recent financial data to see if the opportunity still exists

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Want To Invest In A10 Networks Inc (NYSE:ATEN)? Here's How It Performed Lately

Below, I will assess ATEN's latest performance announced on 30 September 2017 and weigh these figures against its longer term trend and industry movements. … Did ATEN beat its long-term earnings growth trend and its industry. … ATEN is loss-making, with the most recent trailing twelve-month earnings of -US$16.61m (from 30 September 2017), which compared to last year has become.

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Breakeven On The Horizon For A10 Networks Inc (NYSE:ATEN)

The US$452.81m market-cap posted a loss in its most recent financial year of -US$20.94m and a latest trailing-twelve-month loss of -US$16.61m shrinking the gap between loss and breakeven? … The most pressing concern for investors is ATEN’s path to profitability – when will it breakeven. … ATEN is bordering on breakeven, according to Software analysts.

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Is A10 Networks Inc (NYSE:ATEN) Undervalued?

Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … ATEN’s future growth appears to have been factored into the current share price, with shares trading above its fair value. … If you believe ATEN should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

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Are Insiders Too Confident In A10 Networks Inc (NYSE:ATEN)?

A10 Networks is one of United States’s small-cap stocks that saw some insider buying over the past three months, with insiders investing in more than 3 million shares during this period. … Alternatively, the timing of these insider transactions may have been driven by share price volatility. … Next Steps: A10 Networks’s insider meaningful buying activity tells us the shares are currently in favour, which is relatively consistent with expected earnings growth, on top of a reasonable share price movement around the same time.

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Interested In A10 Networks Inc (NYSE:ATEN)? Here's What Its Recent Performance Looks Like

Today I will examine A10 Networks Inc's (NYSE:ATEN) latest earnings update (30 September 2017) and compare these figures against its performance over the past couple of years, in addition to how the rest of ATEN's industry performed. … View our latest analysis for A10 Networks How ATEN fared against its long-term earnings performance and its industry For the purpose of this commentary, I like to use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … NYSE:ATEN Income Statement Feb 8th 18 We can further evaluate A10 Networks's loss by looking at what the industry has been experiencing over the past few years.

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A10 Networks Inc (ATEN): What Does It Mean For Your Portfolio?

A10 Networks has a beta of 1.09, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … ATEN, with its market capitalisation of USD $528.62M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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ATEN Company Info

Description

A10 Networks, Inc. provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and Latin America. 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 micro services; 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 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. The company delivers its solutions on optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software. It serves cloud providers, Web-scale businesses, service providers, government organizations, and enterprises in the telecommunications, technology, industrial, government, 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.

Details
Name: A10 Networks, Inc.
ATEN
Exchange: NYSE
Founded: 2004
$526,106,444
75,050,848
Website: http://www.a10networks.com
Address: A10 Networks, Inc.
3 West Plumeria Drive,
San Jose,
California, 95134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ATEN Common Stock New York Stock Exchange US USD 21. Mar 2014
DB 8A0 Common Stock Deutsche Boerse AG DE EUR 21. Mar 2014
Number of employees
Current staff
Staff numbers
834
A10 Networks employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 00:51
End of day share price update: 2019/04/22 00:00
Last estimates confirmation: 2019/04/22
Last earnings filing: 2019/03/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.