Projected Income Statement: A10 Networks, Inc.

Forecast Balance Sheet: A10 Networks, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 2/1/22 2/7/23 2/6/24 2/4/25 2/4/26 - - -
Estimates

Cash Flow Forecast: A10 Networks, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 5.171 10.8 10.9 12.27 20.13 17.2 23.8
Change - 108.84% 0.9% 12.59% 64.07% -14.55% 38.37%
Free Cash Flow (FCF) 1 44.93 55.3 32.88 78.22 64.77 79.5 92.2
Change - 23.09% -40.53% 137.87% -17.2% 22.75% 15.97%
Announcement Date 2/1/22 2/7/23 2/6/24 2/4/25 2/4/26 - -
1USD in Million
Estimates

Forecast Financial Ratios: A10 Networks, Inc.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - 24.95% 26.77% 28.28% 28.48% 29.6% 30.52% 31.04% 31.12%
EBIT Margin (%) - 21.39% 23.92% 24.56% 24.17% 24.88% 26.07% 26.92% 27.04%
EBT Margin (%) - 12.65% 18.8% 17.4% 22.2% 18.04% 17.25% 19.69% -
Net margin (%) - 37.95% 16.73% 15.88% 19.16% 14.5% 13.9% 15.53% -
FCF margin (%) - 17.97% 19.73% 13.07% 29.89% 22.29% 24.14% 25.06% -
FCF / Net Income (%) - 47.35% 117.89% 82.27% 156.01% 153.7% 173.73% 161.39% -

Profitability

         
ROA 3.92% 6.1% 8.7% 6.37% 6.68% 5.58% - - -
ROE 15.85% 58.42% 24.06% 20.56% 22.81% 19.01% - - -

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - 2.07% 3.85% 4.33% 4.69% 6.93% 5.22% 6.47% -
CAPEX / EBITDA (%) - 8.29% 14.39% 15.31% 16.46% 23.4% 17.11% 20.84% -
CAPEX / FCF (%) - 11.51% 19.53% 33.13% 15.68% 31.08% 21.64% 25.81% -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - - - - - - - - -
Change - - - - - - - - -
Book Value Per Share 1 - 2.61 2.328 2.752 3.079 2.959 - - -
Change - - -10.8% 18.19% 11.89% -3.89% - - -
EPS 1 - 1.19 0.6 0.53 0.67 0.57 0.615 0.765 -
Change - - -49.58% -11.67% 26.42% -14.93% 7.89% 24.39% -
Nbr of stocks (in thousands) - 77,550 73,448 74,138 73,799 71,726 72,609 72,609 -
Announcement Date - 2/1/22 2/7/23 2/6/24 2/4/25 2/4/26 - - -
1USD
Estimates
2026 *2027 *
P/E 43.3x 34.8x
PBR - -
EV / Sales 6.03x 5.4x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Trader
Investor
-
Global
-
Quality
-
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
26.60USD
Average target price
38.40USD
Spread / Average Target
+44.36%

Quarterly revenue - Rate of surprise

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  4. Financials A10 Networks, Inc.