ADTRAN HOLDINGS INC (ADTN) Stock Fundamental Analysis

NASDAQ:ADTN • US00486H1059

10.22 USD
+0.31 (+3.13%)
At close: Feb 27, 2026
10.2 USD
-0.02 (-0.2%)
After Hours: 2/27/2026, 4:13:55 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Taking everything into account, ADTN scores 3 out of 10 in our fundamental rating. ADTN was compared to 48 industry peers in the Communications Equipment industry. Both the profitability and financial health of ADTN have multiple concerns. ADTN has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • ADTN had positive earnings in the past year.
  • In the past year ADTN had a positive cash flow from operations.
  • ADTN had negative earnings in each of the past 5 years.
  • In multiple years ADTN reported negative operating cash flow during the last 5 years.
ADTN Yearly Net Income VS EBIT VS OCF VS FCFADTN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M -300M -400M

1.2 Ratios

  • With a Return On Assets value of -7.28%, ADTN is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
  • The Return On Equity of ADTN (-62.20%) is worse than 79.17% of its industry peers.
Industry RankSector Rank
ROA -7.28%
ROE -62.2%
ROIC N/A
ROA(3y)-18.05%
ROA(5y)-11.04%
ROE(3y)-126.55%
ROE(5y)-76.29%
ROIC(3y)N/A
ROIC(5y)N/A
ADTN Yearly ROA, ROE, ROICADTN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

1.3 Margins

  • ADTN has a Gross Margin of 37.97%. This is comparable to the rest of the industry: ADTN outperforms 41.67% of its industry peers.
  • In the last couple of years the Gross Margin of ADTN has declined.
  • ADTN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 37.97%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.23%
GM growth 5Y-2.07%
ADTN Yearly Profit, Operating, Gross MarginsADTN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • ADTN does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • ADTN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
ADTN Yearly Shares OutstandingADTN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
ADTN Yearly Total Debt VS Total AssetsADTN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • ADTN has an Altman-Z score of 0.67. This is a bad value and indicates that ADTN is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 0.67, ADTN is not doing good in the industry: 60.42% of the companies in the same industry are doing better.
  • ADTN has a debt to FCF ratio of 8.08. This is a slightly negative value and a sign of low solvency as ADTN would need 8.08 years to pay back of all of its debts.
  • The Debt to FCF ratio of ADTN (8.08) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.54 is on the high side and indicates that ADTN has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.54, ADTN is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.54
Debt/FCF 8.08
Altman-Z 0.67
ROIC/WACCN/A
WACC10.34%
ADTN Yearly LT Debt VS Equity VS FCFADTN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • ADTN has a Current Ratio of 1.96. This is a normal value and indicates that ADTN is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.96, ADTN perfoms like the industry average, outperforming 45.83% of the companies in the same industry.
  • ADTN has a Quick Ratio of 1.23. This is a normal value and indicates that ADTN is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Quick ratio value of 1.23, ADTN is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.96
Quick Ratio 1.23
ADTN Yearly Current Assets VS Current LiabilitesADTN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 177.42% over the past year.
  • ADTN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.59% yearly.
EPS 1Y (TTM)177.42%
EPS 3Y-27.12%
EPS 5Y-1.59%
EPS Q2Q%N/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%20.06%

3.2 Future

  • ADTN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 64.92% yearly.
  • ADTN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.90% yearly.
EPS Next Y105.09%
EPS Next 2Y64.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.49%
Revenue Next 2Y10.45%
Revenue Next 3Y8.17%
Revenue Next 5Y7.9%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
ADTN Yearly Revenue VS EstimatesADTN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B
ADTN Yearly EPS VS EstimatesADTN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 -1

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 42.58, the valuation of ADTN can be described as expensive.
  • ADTN's Price/Earnings ratio is a bit cheaper when compared to the industry. ADTN is cheaper than 60.42% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.11, ADTN is valued quite expensively.
  • The Price/Forward Earnings ratio is 20.76, which indicates a rather expensive current valuation of ADTN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ADTN indicates a somewhat cheap valuation: ADTN is cheaper than 66.67% of the companies listed in the same industry.
  • ADTN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.13.
Industry RankSector Rank
PE 42.58
Fwd PE 20.76
ADTN Price Earnings VS Forward Price EarningsADTN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ADTN is valued a bit cheaper than 75.00% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as ADTN.
Industry RankSector Rank
P/FCF 30.36
EV/EBITDA 15.29
ADTN Per share dataADTN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as ADTN's earnings are expected to grow with 64.92% in the coming years.
PEG (NY)0.41
PEG (5Y)N/A
EPS Next 2Y64.92%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.65%, ADTN is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.75, ADTN pays a better dividend. On top of this ADTN pays more dividend than 97.92% of the companies listed in the same industry.
  • ADTN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 6.65%

5.2 History

  • ADTN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
ADTN Yearly Dividends per shareADTN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 0.1 0.2 0.3

5.3 Sustainability

DP0%
EPS Next 2Y64.92%
EPS Next 3YN/A
ADTN Yearly Income VS Free CF VS DividendADTN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M -300M -400M

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Find the best dividend stocksShow peers with best dividend

ADTRAN HOLDINGS INC

NASDAQ:ADTN (2/27/2026, 4:13:55 PM)

After market: 10.2 -0.02 (-0.2%)

10.22

+0.31 (+3.13%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)02-25
Earnings (Next)05-05
Inst Owners93.96%
Inst Owner Change5.34%
Ins Owners1.45%
Ins Owner Change4.74%
Market Cap818.83M
Revenue(TTM)N/A
Net Income(TTM)-88.06M
Analysts77.5
Price Target12.83 (25.54%)
Short Float %8.23%
Short Ratio5.58
Dividend
Industry RankSector Rank
Dividend Yield 6.65%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-60.21%
Min EPS beat(2)-100%
Max EPS beat(2)-20.42%
EPS beat(4)2
Avg EPS beat(4)44.4%
Min EPS beat(4)-100%
Max EPS beat(4)198.04%
EPS beat(8)3
Avg EPS beat(8)-116.98%
EPS beat(12)4
Avg EPS beat(12)-96.24%
EPS beat(16)7
Avg EPS beat(16)-8.19%
Revenue beat(2)1
Avg Revenue beat(2)0.11%
Min Revenue beat(2)-0.23%
Max Revenue beat(2)0.46%
Revenue beat(4)2
Avg Revenue beat(4)-0.16%
Min Revenue beat(4)-0.92%
Max Revenue beat(4)0.46%
Revenue beat(8)2
Avg Revenue beat(8)-1.09%
Revenue beat(12)2
Avg Revenue beat(12)-2.42%
Revenue beat(16)4
Avg Revenue beat(16)-1.51%
PT rev (1m)2.19%
PT rev (3m)-1.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.83%
Valuation
Industry RankSector Rank
PE 42.58
Fwd PE 20.76
P/S 0.79
P/FCF 30.36
P/OCF 8.95
P/B 5.78
P/tB N/A
EV/EBITDA 15.29
EPS(TTM)0.24
EY2.35%
EPS(NY)0.49
Fwd EY4.82%
FCF(TTM)0.34
FCFY3.29%
OCF(TTM)1.14
OCFY11.18%
SpS12.92
BVpS1.77
TBVpS-2.75
PEG (NY)0.41
PEG (5Y)N/A
Graham Number3.09
Profitability
Industry RankSector Rank
ROA -7.28%
ROE -62.2%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 37.97%
FCFM 2.61%
ROA(3y)-18.05%
ROA(5y)-11.04%
ROE(3y)-126.55%
ROE(5y)-76.29%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.23%
GM growth 5Y-2.07%
F-Score4
Asset Turnover0.86
Health
Industry RankSector Rank
Debt/Equity 1.54
Debt/FCF 8.08
Debt/EBITDA 3.63
Cap/Depr 70.7%
Cap/Sales 6.24%
Interest Coverage N/A
Cash Conversion 152.4%
Profit Quality N/A
Current Ratio 1.96
Quick Ratio 1.23
Altman-Z 0.67
F-Score4
WACC10.34%
ROIC/WACCN/A
Cap/Depr(3y)44.28%
Cap/Depr(5y)41.36%
Cap/Sales(3y)4.09%
Cap/Sales(5y)2.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)177.42%
EPS 3Y-27.12%
EPS 5Y-1.59%
EPS Q2Q%N/A
EPS Next Y105.09%
EPS Next 2Y64.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%20.06%
Revenue Next Year8.49%
Revenue Next 2Y10.45%
Revenue Next 3Y8.17%
Revenue Next 5Y7.9%
EBIT growth 1Y41.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year31720.2%
EBIT Next 3Y650.13%
EBIT Next 5YN/A
FCF growth 1Y137.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y397.04%
OCF growth 3Y225.09%
OCF growth 5YN/A

ADTRAN HOLDINGS INC / ADTN FAQ

Can you provide the ChartMill fundamental rating for ADTRAN HOLDINGS INC?

ChartMill assigns a fundamental rating of 3 / 10 to ADTN.


What is the valuation status for ADTN stock?

ChartMill assigns a valuation rating of 4 / 10 to ADTRAN HOLDINGS INC (ADTN). This can be considered as Fairly Valued.


Can you provide the profitability details for ADTRAN HOLDINGS INC?

ADTRAN HOLDINGS INC (ADTN) has a profitability rating of 1 / 10.


What is the valuation of ADTRAN HOLDINGS INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ADTRAN HOLDINGS INC (ADTN) is 42.58 and the Price/Book (PB) ratio is 5.78.


Can you provide the financial health for ADTN stock?

The financial health rating of ADTRAN HOLDINGS INC (ADTN) is 2 / 10.