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A10 NetworksATEN +2.31%82 Earnings Yield (Joel Greenblatt) % is 2.66% as of Jun. 2026, which is 14% below its 10-year median of 3.09. GuruFocus rates ATEN with a GF Score™ of 82/100 and a GF Value™ of $19.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,913 Software companies, A10 Networks ranks better than 58.29% on this metric.
A10 Networks's Enterprise Value for the quarter that ended in Jun. 2026 was $2,569.9 Mil.
A10 Networks's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $68.4 Mil. A10 Networks's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.66%.
The historical rank and industry rank for A10 Networks's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ATEN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.51 Med: 3.09 Max: 5.84
Current: 3.87
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of A10 Networks was 5.84%. The lowest was -9.51%. And the median was 3.09%.
ATEN's Earnings Yield (Joel Greenblatt) % is ranked better than 58.29% of 2913
companies
in the Software industry
Industry Median: 2.06
vs ATEN: 3.87
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. A10 Networks's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 16.94%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A10 Networks Earnings Yield (Joel Greenblatt) % Related Terms
A10 Networks Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for A10 Networks's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, A10 Networks's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
A10 Networks Earnings Yield (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, A10 Networks's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where A10 Networks's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
A10 Networkss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
A10 Networks's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $68.4 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.66% mean?
A10 Networks (ATEN) has a Earnings Yield (Joel Greenblatt) % of 2.66% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on A10 Networks and its competitors. This is 14% below median its historical median of 3.09. According to the industry distribution chart, A10 Networks ranks #1215 out of 2913 companies in the Software industry, placing it in the top 41.7%.
Is A10 Networks' Earnings Yield (Joel Greenblatt) % too high?
A10 Networks' current Earnings Yield (Joel Greenblatt) % of 2.66% is 14% below median its 10-year median of 3.09. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.06. A10 Networks' value of 2.66% is 29.1% above this industry median. Based on the distribution chart, A10 Networks ranks #1215 out of 2913 companies in the Software industry, which is above the industry midpoint. Overall, A10 Networks has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A10 Networks' Earnings Yield (Joel Greenblatt) % compare to PAYO and PAGS?
According to the Software industry distribution chart, A10 Networks ranks #1215 out of 2913 companies for Earnings Yield (Joel Greenblatt) %. This puts A10 Networks in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.06. A10 Networks' value of 2.66% is 29.1% above this benchmark. While the company's 10-year median is 3.09 vs. the industry median of 2.06, A10 Networks has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.06, based on 2,913 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. A10 Networks's current Earnings Yield (Joel Greenblatt) % of 2.66% is 29.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on A10 Networks and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A10 Networks's current Earnings Yield (Joel Greenblatt) % is 2.66%, which is 14% below median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A10 Networks stock overvalued right now?
Based on GuruFocus' analysis, A10 Networks (ATEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.95, compared to a current price of $26.12 — trading 30.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.66%, which is 14% below median its 10-year median of 3.09 and 29.1% above the Software industry median of 2.06. A10 Networks' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For A10 Networks (ATEN), the current Earnings Yield (Joel Greenblatt) % is 2.66% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is A10 Networks (ATEN) Overvalued in 2026?
Based on GuruFocus' analysis, A10 Networks stock appears to be overvalued.
The current stock price of $26.12 is trading 30.9% above its estimated GF Value™ of $19.95.
GuruFocus considers A10 Networks to be Significantly Overvalued.
Key valuation signals for ATEN:
Earnings Yield (Joel Greenblatt) %: 2.66% (14% below median its 10-year median of 3.09)
GF Value™: $19.95 vs. price of $26.12 (30.9% above fair value)
Industry Position: 29.1% above the Software median (#1215 of 2913)
No single metric tells the full story. See the ATEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
A10 Networks Inc is a provider of secure application and network infrastructure solutions for enterprises and service providers across on-premises, hybrid cloud, and distributed environments. The company's offerings include application delivery and traffic management, distributed denial-of-service (DDoS) protection, application and API security, and centralized management. It serves customers across multiple industries, including telecommunications, technology, financial services, public sector, industrial, retail, gaming, and education. The majority of the company's revenue is derived from the sale of secure networking and cybersecurity solutions and related maintenance and support services.
82GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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