Projected Income Statement: A10 Networks, Inc.

Forecast Balance Sheet: A10 Networks, Inc.

Forecast Balance Sheet - A10 Networks, Inc.
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 - - - - - 143 116 79.4
Change - - - - - - -18.88% -31.55%
Announcement Date 2/1/22 2/7/23 2/6/24 2/4/25 2/4/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: A10 Networks, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 5.171 10.8 10.9 12.27 20.13 14.97 19.93 16.94
Change - 108.84% 0.9% 12.59% 64.07% -25.64% 33.15% -14.99%
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% -100%
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 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 24.95% 26.77% 28.28% 28.48% 29.6% 30.76% 31.25% 31.81%
EBIT Margin (%) 21.39% 23.92% 24.56% 24.17% 24.88% 26.26% 27.05% 27.23%
EBT Margin (%) 12.65% 18.8% 17.4% 22.2% 18.04% 17.5% 18.45% 19.75%
Net margin (%) 37.95% 16.73% 15.88% 19.16% 14.5% 14.35% 15.07% 16.16%
FCF margin (%) 17.97% 19.73% 13.07% 29.89% 22.29% 24.15% 25.11% -
FCF / Net Income (%) 47.35% 117.89% 82.27% 156.01% 153.7% 168.29% 166.58% -

Profitability

        
ROA - - - - - 7.75% 8.4% 9.42%
ROE 58.42% 24.06% 28.24% 22.81% 19.01% 21.96% 22.4% 24.16%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - 1.41x 1.01x 0.61x
Debt / Free cash flow - - - - - 1.8x 1.25x -

Capital Intensity

        
CAPEX / Current Assets (%) 2.07% 3.85% 4.33% 4.69% 6.93% 4.55% 5.43% 4.14%
CAPEX / EBITDA (%) 8.29% 14.39% 15.31% 16.46% 23.4% 14.78% 17.37% 13.03%
CAPEX / FCF (%) 11.51% 19.53% 33.13% 15.68% 31.08% 18.83% 21.61% -

Items per share

        
Cash flow per share 1 - - - - - 1.173 1.506 1.717
Change - - - - - - 28.4% 13.98%
Dividend per Share 1 - - - - - 0.246 0.2583 0.2712
Change - - - - - - 5% 5%
Book Value Per Share 1 2.61 2.328 2.752 3.079 2.959 3.569 3.885 4.292
Change - -10.8% 18.19% 11.89% -3.89% 20.61% 8.85% 10.48%
EPS 1 1.19 0.6 0.53 0.67 0.57 0.6281 0.7359 0.8796
Change - -49.58% -11.67% 26.42% -14.93% 10.2% 17.17% 19.52%
Nbr of stocks (in thousands) 77,550 73,448 74,138 73,799 71,726 72,609 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 40.4x 34.5x
PBR 7.11x 6.54x
EV / Sales 6.03x 5.34x
Yield 0.97% 1.02%

EPS & Dividend

EPS & Dividend - A10 Networks, Inc.


Y-o-Y evolution of P/E

Valuation ratios - P/E - A10 Networks, Inc.
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - A10 Networks, Inc.
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
A
MarketScreener Ratings - A10 Networks, Inc.
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
25.39USD
Average target price
36.00USD
Spread / Average Target
+41.79%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - A10 Networks, Inc.
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