Extreme Networks, Inc. provides software-driven networking solutions for enterprise, data center, and service provider customers worldwide. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has Extreme Networks's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EXTR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EXTR underperformed the US Communications industry which returned -14% over the past year.
Return vs Market: EXTR underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Extreme Networks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhat You Need To Know About Extreme Networks, Inc.'s (NASDAQ:EXTR) Investor Composition
3 weeks ago | Simply Wall StExtreme Networks' (NASDAQ:EXTR) Stock Price Has Reduced 68% In The Past Three Years
1 month ago | Simply Wall StAt US$4.12, Is Extreme Networks, Inc. (NASDAQ:EXTR) Worth Looking At Closely?
Is Extreme Networks undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EXTR ($4.62) is trading below our estimate of fair value ($10.47)
Significantly Below Fair Value: EXTR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EXTR is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.
PE vs Market: EXTR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EXTR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EXTR is overvalued based on its PB Ratio (103.1x) compared to the US Communications industry average (1.7x).
How is Extreme Networks forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if EXTR's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if EXTR's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EXTR's revenue (2.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: EXTR's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EXTR's Return on Equity is forecast to be very high in 3 years time (45.4%).
How has Extreme Networks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXTR is currently unprofitable.
Growing Profit Margin: EXTR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EXTR is unprofitable, and losses have increased over the past 5 years at a rate of 17% per year.
Accelerating Growth: Unable to compare EXTR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EXTR is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-28.9%).
Return on Equity
High ROE: EXTR has a negative Return on Equity (-2349.85%), as it is currently unprofitable.
How is Extreme Networks's financial position?
Financial Position Analysis
Short Term Liabilities: EXTR's short term assets ($414.2M) exceed its short term liabilities ($397.8M).
Long Term Liabilities: EXTR's short term assets ($414.2M) do not cover its long term liabilities ($575.9M).
Debt to Equity History and Analysis
Debt Level: EXTR's debt to equity ratio (7649.1%) is considered high.
Reducing Debt: EXTR's debt to equity ratio has increased from 64.2% to 7649.1% over the past 5 years.
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: Whilst unprofitable EXTR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EXTR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.3% per year.
What is Extreme Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EXTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EXTR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EXTR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EXTR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EXTR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ed Meyercord (55 yo)
Mr. Edward B. Meyercord, III, also known as Ed, has been the President and Chief Executive Officer of Extreme Networks, Inc. since April 19, 2015. Mr. Meyercord has extensive executive experience in leader ...
CEO Compensation Analysis
Compensation vs Market: Ed's total compensation ($USD5.16M) is above average for companies of similar size in the US market ($USD1.93M).
Compensation vs Earnings: Ed's compensation has increased whilst the company is unprofitable.
|Executive VP & CFO||1.92yrs||US$1.62m||0.12% |
|Chief Operating Officer||1.08yrs||US$886.60k||no data|
|CTO & Chief Product Officer||0.25yr||no data||no data|
|Chief Sustainability Officer||2.92yrs||US$1.37m||no data|
|Vice President of Strategy & Investor Relations||no data||no data||no data|
|Deputy General Counsel||no data||no data||no data|
|Chief Marketing Officer||0.50yr||no data||no data|
|Chief People Officer||2.75yrs||no data||no data|
|Senior Vice President of Sales-Americas||4.17yrs||no data||no data|
|Senior Vice President of Americas Sales||0.92yr||no data||no data|
|Senior Vice President of EMEA||no data||no data||no data|
Experienced Management: EXTR's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Independent Chairman||3.67yrs||US$319.04k||0.37% |
|Independent Director||16.75yrs||US$273.73k||0.33% |
|Independent Director||9.5yrs||US$271.26k||0.44% |
|Independent Director||4.92yrs||US$266.34k||0.088% |
|Independent Director||5.83yrs||US$278.65k||0.14% |
Experienced Board: EXTR's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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.
Extreme Networks, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Extreme Networks, Inc.
- Ticker: EXTR
- Exchange: NasdaqGS
- Founded: 1996
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$567.877m
- Shares outstanding: 122.92m
- Website: https://www.extremenetworks.com
Number of Employees
- Extreme Networks, Inc.
- 6480 Via del Oro
- San Jose
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EXTR||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Apr 1999|
|EXM||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 1999|
|0IJW||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Apr 1999|
Extreme Networks, Inc. provides software-driven networking solutions for enterprise, data center, and service provider customers worldwide. It designs, develops, and manufactures wired and wireless network ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 23:36|
|End of Day Share Price||2020/10/26 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.