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A10 NetworksSTU:8A0 -1.05%71 Return-on-Tangible-Equity is 24.84% as of Mar. 2026, which is 37% above its 10-year median of 18.15. GuruFocus rates STU:8A0 with a GF Score™ of 71/100 and a GF Value™ of €16.86 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,482 Software companies, A10 Networks ranks better than 71.19% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. A10 Networks's annualized net income for the quarter that ended in Mar. 2026 was €41.6 Mil. A10 Networks's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €167.6 Mil. Therefore, A10 Networks's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.84%.
The historical rank and industry rank for A10 Networks's Return-on-Tangible-Equity or its related term are showing as below:
STU:8A0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.43 Med: 18.15 Max: 59.05
Current: 24
During the past 13 years, A10 Networks's highest Return-on-Tangible-Equity was 59.05%. The lowest was -29.43%. And the median was 18.15%.
STU:8A0's Return-on-Tangible-Equity is ranked better than 71.19% of 2482
companies
in the Software industry
Industry Median: 8.845
vs STU:8A0: 24.00
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
A10 Networks Return-on-Tangible-Equity Related Terms
A10 Networks Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for A10 Networks's Return-on-Tangible-Equity 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.
STU:8A0 vs PAGS, PAYO, STNE: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, A10 Networks's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, A10 Networks's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where A10 Networks's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 24.84% mean?
A10 Networks (STU:8A0) has a Return-on-Tangible-Equity of 24.84% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on A10 Networks and its competitors. This is 37% above median its historical median of 18.15. According to the industry distribution chart, A10 Networks ranks #715 out of 2482 companies in the Software industry, placing it in the top 28.8%.
Is A10 Networks' Return-on-Tangible-Equity too high?
A10 Networks' current Return-on-Tangible-Equity of 24.84% is 37% above median its 10-year median of 18.15. The Software industry median Return-on-Tangible-Equity is 8.85. A10 Networks' value of 24.84% is 180.8% above this industry median. Based on the distribution chart, A10 Networks ranks #715 out of 2482 companies in the Software industry, which is above the industry midpoint. Overall, A10 Networks has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A10 Networks' Return-on-Tangible-Equity compare to PAGS and PAYO?
According to the Software industry distribution chart, A10 Networks ranks #715 out of 2482 companies for Return-on-Tangible-Equity. This puts A10 Networks in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.85. A10 Networks' value of 24.84% is 180.8% above this benchmark. While the company's 10-year median is 18.15 vs. the industry median of 8.85, 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 Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.85, based on 2,482 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. A10 Networks's current Return-on-Tangible-Equity of 24.84% is 180.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on A10 Networks and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A10 Networks's current Return-on-Tangible-Equity is 24.84%, which is 37% above median its own 10-year median of 18.15. 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 (STU:8A0) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.86, compared to a current price of €30.08 — trading 78.4% above its estimated fair value. The current Return-on-Tangible-Equity is 24.84%, which is 37% above median its 10-year median of 18.15 and 180.8% above the Software industry median of 8.85. A10 Networks' overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For A10 Networks (STU:8A0), the current Return-on-Tangible-Equity is 24.84% as of Mar. 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 (STU:8A0) Overvalued in 2026?
Based on GuruFocus' analysis, A10 Networks stock appears to be overvalued.
The current stock price of €30.08 is trading 78.4% above its estimated GF Value™ of €16.86.
GuruFocus considers A10 Networks to be Significantly Overvalued.
Key valuation signals for STU:8A0:
Return-on-Tangible-Equity: 24.84% (37% above median its 10-year median of 18.15)
GF Value™: €16.86 vs. price of €30.08 (78.4% above fair value)
Industry Position: 180.8% above the Software median (#715 of 2482)
No single metric tells the full story. See the STU:8A0 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.
71GF Score
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