A10 NetworksSTU:8A0 +3.46%68 Altman Z-Score is 5.54 as of Jul. 10, 2026, which is 81% above its 10-year median of 3.06. GuruFocus rates STU:8A0 with a GF Score™ of 68/100 and a GF Value™ of €16.79 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,762 Software companies, A10 Networks ranks better than 71.43% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 5.49 is strong.
A10 Networks has a Altman Z-Score of 5.54, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for A10 Networks's Altman Z-Score or its related term are showing as below:
STU:8A0'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.46 Med: 3.06 Max: 5.49
Current: 5.49
During the past 13 years, A10 Networks's highest Altman Z-Score was 5.49. The lowest was 1.46. And the median was 3.06.
A10 Networks (STU:8A0) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
A10 Networks Altman Z-Score Related Terms
A10 Networks Altman Z-Score Historical Data
* Premium members only.
The historical data trend for A10 Networks's Altman Z-Score 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: Altman Z-Score Comparison
For the Software - Infrastructure subindustry, A10 Networks's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Software Industry
For the Software industry and Technology sector, A10 Networks's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where A10 Networks's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
A10 Networks's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.5524
+
1.4
*
0.0218
+
3.3
*
0.1034
+
0.6
*
6.735
+
1.0
*
0.4688
=
5.54
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
A10 Networks (STU:8A0) has a Altman Z-Score of 5.54 as of Jul. 10, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on A10 Networks and its competitors. This is 81% above median its historical median of 3.06. Over the past decade, A10 Networks' Altman Z-Score has ranged from 1.46 to 5.49. According to the industry distribution chart, A10 Networks ranks #789 out of 2762 companies in the Software industry, placing it in the top 28.6%.
Is A10 Networks' Altman Z-Score too high?
A10 Networks' current Altman Z-Score of 5.54 is 81% above median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 5.49. The Software industry median Altman Z-Score is 3.17. A10 Networks' value of 5.54 is 74.8% above this industry median. Based on the distribution chart, A10 Networks ranks #789 out of 2762 companies in the Software industry, which is above the industry midpoint. Overall, A10 Networks has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A10 Networks' Altman Z-Score compare to PAGS and PAYO?
According to the Software industry distribution chart, A10 Networks ranks #789 out of 2762 companies for Altman Z-Score. This puts A10 Networks in the upper half of its industry. The industry median Altman Z-Score is 3.17. A10 Networks' value of 5.54 is 74.8% above this benchmark. Historically, A10 Networks' own Altman Z-Score has ranged from 1.46 to 5.49 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 3.17, 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 Altman Z-Score for a Software company?
The median Altman Z-Score among Software companies is 3.17, based on 2,762 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. A10 Networks's current Altman Z-Score of 5.54 is 74.8% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on A10 Networks and its competitors. For the Software industry, the median Altman Z-Score is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A10 Networks's current Altman Z-Score is 5.54, which is 81% above median its own 10-year median of 3.06. 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 €16.79, compared to a current price of €33.46 — trading 99.3% above its estimated fair value. The current Altman Z-Score is 5.54, which is 81% above median its 10-year median of 3.06 and 74.8% above the Software industry median of 3.17. A10 Networks' overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For A10 Networks (STU:8A0), the current Altman Z-Score is 5.54 as of Jul. 10, 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 €33.46 is trading 99.3% above its estimated GF Value™ of €16.79.
GuruFocus considers A10 Networks to be Significantly Overvalued.
Key valuation signals for STU:8A0:
Altman Z-Score: 5.54 (81% above median its 10-year median of 3.06)
GF Value™: €16.79 vs. price of €33.46 (99.3% above fair value)
Industry Position: 74.8% above the Software median (#789 of 2762)
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.
68GF Score
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