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ATEN - A10 Networks, Inc.

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A10 Networks, Inc.

ATEN

NYSE

A10 Networks, Inc. provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. 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 microservices; 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 (TPS) 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. A10 Networks, Inc. delivers its solutions on optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software. It serves cloud providers; service providers include cloud, telecommunications, and multiple system and cable operators; government organizations; and enterprises in the technology, industrial, 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.

14.93 USD

-0.81 (-5.43%)

Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

225.53M

250.04M

280.34M

251.7M

261.7M

272.65M

284.06M

295.95M

308.34M

321.24M

Revenue %

-

10.87

12.12

-10.22

3.97

4.19

4.19

4.19

4.19

Operating Cash Flow

55.29M

50.1M

66.1M

44.51M

90.49M

65.65M

68.4M

71.26M

74.24M

77.35M

Operating Cash Flow %

24.51

20.04

23.58

17.69

34.58

24.08

24.08

24.08

24.08

Cap Ex

-3.56M

-5.17M

-10.8M

-10.9M

-12.27M

-9.01M

-9.38M

-9.78M

-10.19M

-10.61M

Cap Ex %

-1.58

-2.07

-3.85

-4.33

-4.69

-3.3

-3.3

-3.3

-3.3

Free Cash Flow

51.72M

44.93M

55.3M

33.62M

78.22M

56.64M

59.01M

61.48M

64.06M

66.74M

Weighted Average Cost Of Capital

Price

14.93

Beta

Diluted Shares Outstanding

75.3M

Costof Debt

61.85

Tax Rate

After Tax Cost Of Debt

53.38

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

11.94M

Total Equity

1.12B

Total Capital

1.14B

Debt Weighting

1.05

Equity Weighting

98.95

Wacc

10.4

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

225.53M

250.04M

280.34M

251.7M

261.7M

272.65M

284.06M

295.95M

308.34M

321.24M

Operating Cash Flow

55.29M

50.1M

66.1M

44.51M

90.49M

65.65M

68.4M

71.26M

74.24M

77.35M

Cap Ex

-3.56M

-5.17M

-10.8M

-10.9M

-12.27M

-9.01M

-9.38M

-9.78M

-10.19M

-10.61M

Free Cash Flow

51.72M

44.93M

55.3M

33.62M

78.22M

56.64M

59.01M

61.48M

64.06M

66.74M

Wacc

10.4

10.4

10.4

10.4

10.4

Pv Lfcf

51.31M

48.42M

45.7M

43.13M

40.7M

Sum Pv Lfcf

229.26M

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

10.4

Free Cash Flow T1

68.74M

Terminal Value

929.36M

Present Terminal Value

566.77M

Intrinsic Value

Enterprise Value

796.03M

Net Debt

-83.19M

Equity Value

879.22M

Diluted Shares Outstanding

75.3M

Equity Value Per Share

11.68

Projected DCF

11.68 -0.278%

DCF Levered

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