ATEN vs CSCO vs CALX Stock Comparison

A10 Networks, Cisco Systems and Calix Prices as of Oct 29, 2026 Peers: Industry group
ATEN A10 Networks, Inc.
$25.83 +0.0% 1M +47.7% 1Y
Market cap
$1.87B
P/E
43.4x
Revenue (TTM)
$310.17M
Div. yield
0.93%
Networking Equipment Technology
1 win
CSCO Cisco Systems, Inc.
$108.59 +1.5% 1M +52.2% 1Y
Market cap
$428.50B
P/E
32.4x
Revenue (TTM)
$63.33B
Div. yield
1.54%
Networking Equipment Technology
9 wins
CALX Calix, Inc
$38.31 +14.3% 1M -38.4% 1Y
Market cap
$2.41B
P/E
47.5x
Revenue (TTM)
$1.11B
Div. yield
–
Networking Equipment Technology
2 wins

Head to Head

12 decided of 12

Cisco Systems leads on 9 of the 12 questions below (Cisco Systems 9, Calix 2, A10 Networks 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionATENCSCOCALXLeader
Larger companyMarket capitalisation $1.87B $428.50B $2.41B CSCO
Cheaper on earningsLower P/E, profitable companies only 43.4x 32.4x 47.5x CSCO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.8x 22.9x 23.6x CSCO
Faster revenue growthRevenue growth, trailing twelve months +12.2% +11.8% +27.8% CALX
More profitableNet margin, trailing twelve months 13.9% 21.0% 4.6% CSCO
Better return on capitalReturn on invested capital 8.9% 15.9% — CSCO
Less leveragedLower net debt / EBITDA -2.1x 0.8x — ATEN
Higher dividend yieldTrailing dividend yield 0.93% 1.54% — CSCO
Better 1-year returnPrice return, last 12 months +47.7% +52.2% -38.4% CSCO
Better 5-year returnAnnualised price return, 5 years +6.7%/yr +14.2%/yr -9.4%/yr CSCO
Less volatileAnnualised volatility, 1 year 39.8% 35.5% 41.6% CSCO
Higher overall scoreMean of the five percentile scores vs peers 51/100 55/100 76/100 CALX

Percentile Scorecard

ATENCSCOCALX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisATENCSCOCALX
Valuation 44 #63 of 112 33 #75 of 112 60 #46 of 112
Growth 28 #78 of 108 40 #65 of 108 82 #20 of 108
Profitability 85 #16 of 104 88 #13 of 104 64 #38 of 104
Financial Health 32 #79 of 116 30 #81 of 116 77 #28 of 116
Shareholder Returns 66 #27 of 78 81 #16 of 78 97 #3 of 78
Overall 51 55 76
  • ATEN ranked among 121 companies in Computer Hardware
  • CSCO ranked among 121 companies in Computer Hardware
  • CALX ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodATENCSCOCALXSPY
1 month +0.0%+1.5%+14.3% +0.7%
3 months -13.7%-4.4%+8.9% +3.7%
6 months -3.2%+18.7%-12.1% +7.1%
Year to date +46.0%+41.0%-27.6% +12.8%
1 year +47.7%+52.2%-38.4% +11.9%
3 years +139.2%+110.6%+16.2% +85.2%
3 years, per year +33.8%+28.2%+5.1% +22.8%
5 years +38.2%+94.0%-38.8% +67.6%
5 years, per year +6.7%+14.2%-9.4% +10.9%
10 years +245.8%+255.0%+498.6% +262.0%
10 years, per year +13.2%+13.5%+19.6% +13.7%

Risk

MeasureATENCSCOCALXSPY
Volatility, 1Y 39.8%35.5%41.6% 12.7%
Downside volatility, 1Y 42.6%37.1%43.8% 12.6%
Beta vs S&P 500, 1Y 1.081.100.88 1.00
Return / volatility, 1Y 1.201.47-0.92 0.94
Max drawdown, 5Y -44.6%-38.6%-65.3% -25.4%
From 52-week high -32.3%-16.5%-44.0% -1.2%
52-week high $38.14$130.00$68.42 $779.14
52-week low $16.55$71.04$33.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleATENCSCOCALX
P/E now vs peer median 43.4xmedian 32.9x 32.4xmedian 32.9x 47.5xmedian 32.9x
P/S now vs peer median 6.0xmedian 2.9x 6.8xmedian 2.9x 2.2xmedian 2.9x
EV/EBITDA now vs peer median 26.2xmedian 20.0x 24.7xmedian 20.0x 28.0xmedian 20.0x
P/FCF now vs peer median 30.7xmedian 30.2x 33.6xmedian 30.2x 28.2xmedian 30.2x
P/B now vs peer median 7.9xmedian 2.9x 8.5xmedian 2.9x 3.4xmedian 2.9x
PEG now vs peer median -20.20median 1.08 12.01median 1.08 6.72median 1.08

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsATENCSCOCALX
Revenue $310.17M $63.33B $1.11B
Gross profit $246.21M $40.86B $628.73M
Operating income $50.08M $15.37B $61.25M
Net income $42.97M $13.27B $51.19M
Free cash flow $60.94M $12.77B $85.42M
R&D $77.12M $9.56B $207.99M
EPS (diluted) $0.57 $3.33 $0.78
Cash & equivalents $54.70M $7.22B $68.91M
Total debt $219.52M $29.53B –
Shares (diluted) 75.65M 3.99B 65.51M
Enterprise value $395.61M $364.43B $1.25B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricATENCSCOCALX
P/E 43.4x 32.4x 47.5x
P/FCF 30.7x 33.6x 28.2x
P/Operating cash flow 24.4x 30.2x 22.0x
P/S 6.0x 6.8x 2.2x
P/B 7.9x 8.5x 3.4x
P/Tangible book 8.4x 10.0x 3.4x
EV/EBITDA 26.2x 24.7x 28.0x
EV/EBIT 34.6x 28.8x 36.2x
EV/Revenue 5.6x 7.0x 2.0x
EV/FCF 28.5x 34.6x 26.0x
EV/Operating cash flow 22.6x 31.2x 20.3x
PEG (3Y EPS CAGR) -20.20 12.01 6.72

Growth

14 metrics
MetricATENCSCOCALX
Revenue growth (1Y) 12.2% 11.8% 27.8%
Revenue CAGR (3Y) 4.3% 3.6% 3.9%
Gross profit growth (1Y) 11.7% 11.1% 30.3%
Gross profit CAGR (3Y) 4.0% 4.6% 7.4%
Operating income growth (1Y) 4.5% 30.7% 273.3%
Operating income CAGR (3Y) -0.2% 0.7% 3.8%
Net income growth (1Y) -15.8% 30.3% 290.5%
Net income CAGR (3Y) -2.1% 1.7% 4.9%
EPS growth (1Y) -18.6% 30.7% 287.6%
EPS CAGR (3Y) -2.1% 2.7% 7.1%
Operating cash flow growth (1Y) -9.8% -0.1% 24.5%
Operating cash flow CAGR (3Y) 8.6% -10.7% 41.8%
Free cash flow growth (1Y) -13.7% -3.9% 19.4%
Free cash flow CAGR (3Y) 7.4% -12.5% 62.0%

Profitability

14 metrics
MetricATENCSCOCALX
Gross margin 79.4% 64.5% 56.6%
EBITDA margin 21.4% 28.3% 7.1%
Operating margin 16.1% 24.3% 5.5%
Pretax margin 17.5% 25.3% 6.5%
Net margin 13.9% 21.0% 4.6%
FCF margin 19.6% 20.2% 7.7%
Operating cash flow margin 24.8% 22.4% 9.9%
Return on equity 18.7% 26.8% 7.1%
Return on assets 6.5% 10.4% 5.4%
Return on invested capital 8.9% 15.9% –
Return on capital employed 17.8% 17.9% 8.2%
Asset turnover 0.5x 0.5x 1.2x
Cash conversion (OCF / net income) 1.8x 1.1x 2.1x
Stock comp / revenue 7.5% 6.0% 7.2%

Financial Health

11 metrics
MetricATENCSCOCALX
Debt / assets 32.4% 22.8% –
Debt / equity 0.9x 0.6x –
Net debt / EBITDA -2.1x 0.8x –
Debt / FCF 3.6x 2.3x –
Liabilities / assets 64.9% 61.2% 25.6%
Equity / assets 35.1% 38.8% 74.4%
Interest coverage – 10.5x –
Current ratio 1.3x 0.9x 2.8x
Quick ratio 1.1x 0.6x 1.6x
Cash ratio 1.0x 0.4x 0.9x
Altman Z-score 3.49 4.11 7.28

Shareholder Returns

7 metrics
MetricATENCSCOCALX
Dividend yield 0.9% 1.5% –
Net buyback yield 1.1% 1.3% 7.9%
Shareholder yield 2.1% 2.9% 7.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusATENCSCOCALX
Forward P/E 25.8xFY2026 22.9xFY2027 23.6xFY2026
EPS, next fiscal year $1.00FY2026 $4.74FY2027 $1.62FY2026
EPS growth, next FY +11.1%FY2026 +9.5%FY2027 +20.9%FY2026
EPS growth, the year after +13.0% +20.7% +48.1%
Revenue, next fiscal year $342.96MFY2026 $74.93BFY2027 $1.11BFY2026
Revenue growth, next FY +18.0%FY2026 +18.3%FY2027 +11.0%FY2026
Revenue growth, the year after +3.4% +0.6% +18.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersATENCSCOCALX
Held by institutions 100.0% 80.1% 94.5%
Institutions holding 311 4,047 289
Change in shares held, QoQ +5.8% +5.0% +0.5%
Institutions buying 171 1,847 148
Institutions selling 99 1,818 111
Buyers to sellers 1.73 1.02 1.33

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ATENCSCOCALX
ATEN 1.00 0.37 0.21
CSCO 0.37 1.00 0.21
CALX 0.21 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ATEN, CSCO and CALX?

Cisco Systems (CSCO) is the largest by market capitalisation: A10 Networks (ATEN) $1.87B, Cisco Systems (CSCO) $428.50B, Calix (CALX) $2.41B.

Which stock is cheaper, ATEN, CSCO and CALX?

Cisco Systems (CSCO) trades on the lowest price-to-earnings ratio (A10 Networks (ATEN) 43.4x, Cisco Systems (CSCO) 32.4x, Calix (CALX) 47.5x). On next year's consensus earnings, Cisco Systems (CSCO) is cheapest (A10 Networks (ATEN) 25.8x, Cisco Systems (CSCO) 22.9x, Calix (CALX) 23.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Calix (CALX) grew revenue fastest over the trailing twelve months: A10 Networks (ATEN) +12.2%, Cisco Systems (CSCO) +11.8%, Calix (CALX) +27.8%.

Which company is more profitable?

Cisco Systems (CSCO) has the highest net margin (A10 Networks (ATEN) 13.9%, Cisco Systems (CSCO) 21.0%, Calix (CALX) 4.6%). On return on invested capital, Cisco Systems (CSCO) leads (A10 Networks (ATEN) 8.9%, Cisco Systems (CSCO) 15.9%).

Which stock has performed better?

Over the past year Cisco Systems (CSCO) returned the most: A10 Networks (ATEN) +47.7%, Cisco Systems (CSCO) +52.2%, Calix (CALX) -38.4%. Over five years, Cisco Systems (CSCO) compounded fastest (A10 Networks (ATEN) +6.7%/yr, Cisco Systems (CSCO) +14.2%/yr, Calix (CALX) -9.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Cisco Systems (CSCO) has the highest dividend yield: A10 Networks (ATEN) 0.93%, Cisco Systems (CSCO) 1.54%. Calix (CALX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cisco Systems (CSCO) has been the steadiest (A10 Networks (ATEN) 39.8%, Cisco Systems (CSCO) 35.5%, Calix (CALX) 41.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ATEN, CSCO and CALX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cisco Systems (CSCO) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.