A10 Networks price to free cash flow ATEN
Market value divided by free cash flow over the last twelve months, since 2016.
- Today, Oct 23, 2026
- 30.3×
- 10-year median
- 23.5×
- Against its 10-year history
- 65th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 12.9× to 270×
- Peer median
- 23.4×
A10 Networks' price to free cash flow is 30.3× as of Oct 23, 2026.
That is above its ten-year median of 23.5×, higher than on 65% of days in the last ten years.
Over that time it ranged from 12.9× in Apr 2021 to 270× in Nov 2017.
The median for 9 communication equipment stocks of a similar size is 23.4×.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 30.3× | 17.2× | 52.1× |
| 2025 | 18.0× | 14.1× | 29.3× |
| 2024 | 25.2× | 15.2× | 33.6× |
| 2023 | 16.6× | 15.1× | 31.5× |
| 2022 | 32.5× | 18.2× | 37.2× |
| 2021 | 24.0× | 12.9× | 30.2× |
| 2020 | 18.4× | 14.0× | 43.6× |
| 2019 | n/m a value too high to mean anything | ||
| 2018 | 61.1× | 51.5× | 258× |
| 2017 | 258× | 39.8× | 270× |
| 2016 | 45.0× | 25.4× | 47.1× |
Against its peers
Companies in Communication Equipment nearest A10 Networks' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| ATENA10 Networks | 30.3× |
| NSSCNapco Security Technologies | 23.4× |
| DGIIDigi International | 20.9× |
| EXTRExtreme Networks | 30.1× |
| ONDSOndas | n/m |
| ESEEsco Technologies | 29.0× |
| FNFabrinet | n/m |
| BKTIBK Technologies | 12.8× |
| AVNWAviat Networks | 40.3× |
| ZBRAZebra Technologies | 20.2× |
| Peer median | 23.4× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on A10 Networks
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.