EXTREME NETWORKS INC (EXTR) Stock Fundamental Analysis

NASDAQ:EXTR • US30226D1063

14.25 USD
+0.27 (+1.93%)
At close: Mar 2, 2026
14.29 USD
+0.04 (+0.28%)
After Hours: 3/2/2026, 8:16:20 PM
Fundamental Rating

5

Taking everything into account, EXTR scores 5 out of 10 in our fundamental rating. EXTR was compared to 48 industry peers in the Communications Equipment industry. EXTR has a medium profitability rating, but doesn't score so well on its financial health evaluation. EXTR is evaluated to be cheap and growing strongly. This does not happen too often!


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • EXTR had positive earnings in the past year.
  • EXTR had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: EXTR reported negative net income in multiple years.
  • In the past 5 years EXTR always reported a positive cash flow from operatings.
EXTR Yearly Net Income VS EBIT VS OCF VS FCFEXTR 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 2025 0 100M -100M 200M

1.2 Ratios

  • EXTR has a Return On Assets (0.78%) which is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 9.53%, EXTR is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
  • The Return On Invested Capital of EXTR (4.32%) is better than 64.58% of its industry peers.
Industry RankSector Rank
ROA 0.78%
ROE 9.53%
ROIC 4.32%
ROA(3y)-0.68%
ROA(5y)0.46%
ROE(3y)-94.85%
ROE(5y)-46.4%
ROIC(3y)N/A
ROIC(5y)N/A
EXTR Yearly ROA, ROE, ROICEXTR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -500 -1K -1.5K -2K

1.3 Margins

  • EXTR has a Profit Margin of 0.75%. This is comparable to the rest of the industry: EXTR outperforms 58.33% of its industry peers.
  • EXTR has a Operating Margin (2.71%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of EXTR has declined.
  • With a decent Gross Margin value of 61.30%, EXTR is doing good in the industry, outperforming 79.17% of the companies in the same industry.
  • EXTR's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 2.71%
PM (TTM) 0.75%
GM 61.3%
OM growth 3Y-37.3%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.18%
GM growth 5Y2.63%
EXTR Yearly Profit, Operating, Gross MarginsEXTR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EXTR is destroying value.
  • The number of shares outstanding for EXTR has been increased compared to 1 year ago.
  • Compared to 5 years ago, EXTR has more shares outstanding
  • EXTR has a better debt/assets ratio than last year.
EXTR Yearly Shares OutstandingEXTR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
EXTR Yearly Total Debt VS Total AssetsEXTR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • EXTR has an Altman-Z score of 1.04. This is a bad value and indicates that EXTR is not financially healthy and even has some risk of bankruptcy.
  • EXTR has a Altman-Z score (1.04) which is comparable to the rest of the industry.
  • EXTR has a debt to FCF ratio of 1.40. This is a very positive value and a sign of high solvency as it would only need 1.40 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 1.40, EXTR is doing good in the industry, outperforming 68.75% of the companies in the same industry.
  • EXTR has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
  • EXTR has a worse Debt to Equity ratio (1.61) than 89.58% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for EXTR, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 1.4
Altman-Z 1.04
ROIC/WACC0.46
WACC9.49%
EXTR Yearly LT Debt VS Equity VS FCFEXTR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • EXTR has a Current Ratio of 0.95. This is a bad value and indicates that EXTR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.95, EXTR is not doing good in the industry: 89.58% of the companies in the same industry are doing better.
  • EXTR has a Quick Ratio of 0.95. This is a bad value and indicates that EXTR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.80, EXTR is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.95
Quick Ratio 0.8
EXTR Yearly Current Assets VS Current LiabilitesEXTR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

8

3. Growth

3.1 Past

  • EXTR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 754.55%, which is quite impressive.
  • The Earnings Per Share has been growing by 53.06% on average over the past years. This is a very strong growth
  • Looking at the last year, EXTR shows a very strong growth in Revenue. The Revenue has grown by 20.02%.
  • The Revenue has been growing slightly by 3.76% on average over the past years.
EPS 1Y (TTM)754.55%
EPS 3Y2.5%
EPS 5Y53.06%
EPS Q2Q%23.81%
Revenue 1Y (TTM)20.02%
Revenue growth 3Y0.83%
Revenue growth 5Y3.76%
Sales Q2Q%13.81%

3.2 Future

  • Based on estimates for the next years, EXTR will show a very strong growth in Earnings Per Share. The EPS will grow by 22.09% on average per year.
  • EXTR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.02% yearly.
EPS Next Y20.99%
EPS Next 2Y24.38%
EPS Next 3Y20.05%
EPS Next 5Y22.09%
Revenue Next Year11.59%
Revenue Next 2Y9.54%
Revenue Next 3Y8.51%
Revenue Next 5Y9.02%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
EXTR Yearly Revenue VS EstimatesEXTR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B 2B
EXTR Yearly EPS VS EstimatesEXTR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.5 1 1.5

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 15.16, the valuation of EXTR can be described as correct.
  • 85.42% of the companies in the same industry are more expensive than EXTR, based on the Price/Earnings ratio.
  • EXTR is valuated rather cheaply when we compare the Price/Earnings ratio to 27.13, which is the current average of the S&P500 Index.
  • EXTR is valuated reasonably with a Price/Forward Earnings ratio of 10.97.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of EXTR indicates a rather cheap valuation: EXTR is cheaper than 93.75% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of EXTR to the average of the S&P500 Index (28.11), we can say EXTR is valued rather cheaply.
Industry RankSector Rank
PE 15.16
Fwd PE 10.97
EXTR Price Earnings VS Forward Price EarningsEXTR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • EXTR's Enterprise Value to EBITDA ratio is in line with the industry average.
  • EXTR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EXTR is cheaper than 79.17% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.72
EV/EBITDA 35.27
EXTR Per share dataEXTR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6 8

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 EXTR's earnings are expected to grow with 20.05% in the coming years.
PEG (NY)0.72
PEG (5Y)0.29
EPS Next 2Y24.38%
EPS Next 3Y20.05%

0

5. Dividend

5.1 Amount

  • EXTR does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

EXTREME NETWORKS INC

NASDAQ:EXTR (3/2/2026, 8:16:20 PM)

After market: 14.29 +0.04 (+0.28%)

14.25

+0.27 (+1.93%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-28
Inst Owners95.79%
Inst Owner Change1.92%
Ins Owners3.2%
Ins Owner Change1.28%
Market Cap1.91B
Revenue(TTM)1.22B
Net Income(TTM)9.14M
Analysts82.86
Price Target23.84 (67.3%)
Short Float %7.37%
Short Ratio6.31
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.13%
Min EPS beat(2)0.38%
Max EPS beat(2)5.88%
EPS beat(4)4
Avg EPS beat(4)6.77%
Min EPS beat(4)0.38%
Max EPS beat(4)11.89%
EPS beat(8)6
Avg EPS beat(8)-10.73%
EPS beat(12)9
Avg EPS beat(12)-5.82%
EPS beat(16)13
Avg EPS beat(16)-1.73%
Revenue beat(2)1
Avg Revenue beat(2)1.33%
Min Revenue beat(2)-0.2%
Max Revenue beat(2)2.85%
Revenue beat(4)2
Avg Revenue beat(4)0.63%
Min Revenue beat(4)-0.5%
Max Revenue beat(4)2.85%
Revenue beat(8)4
Avg Revenue beat(8)0.35%
Revenue beat(12)6
Avg Revenue beat(12)0.56%
Revenue beat(16)9
Avg Revenue beat(16)0.85%
PT rev (1m)-3.61%
PT rev (3m)-3.75%
EPS NQ rev (1m)-2.55%
EPS NQ rev (3m)-2.55%
EPS NY rev (1m)-0.11%
EPS NY rev (3m)0.35%
Revenue NQ rev (1m)0.41%
Revenue NQ rev (3m)0.41%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)0.7%
Valuation
Industry RankSector Rank
PE 15.16
Fwd PE 10.97
P/S 1.57
P/FCF 15.72
P/OCF 12.92
P/B 19.95
P/tB N/A
EV/EBITDA 35.27
EPS(TTM)0.94
EY6.6%
EPS(NY)1.3
Fwd EY9.12%
FCF(TTM)0.91
FCFY6.36%
OCF(TTM)1.1
OCFY7.74%
SpS9.08
BVpS0.71
TBVpS-2.3
PEG (NY)0.72
PEG (5Y)0.29
Graham Number3.89
Profitability
Industry RankSector Rank
ROA 0.78%
ROE 9.53%
ROCE 5.47%
ROIC 4.32%
ROICexc 6.8%
ROICexgc N/A
OM 2.71%
PM (TTM) 0.75%
GM 61.3%
FCFM 9.98%
ROA(3y)-0.68%
ROA(5y)0.46%
ROE(3y)-94.85%
ROE(5y)-46.4%
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 3Y-33.94%
ROICexc growth 5YN/A
OM growth 3Y-37.3%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.18%
GM growth 5Y2.63%
F-Score9
Asset Turnover1.04
Health
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 1.4
Debt/EBITDA 2.97
Cap/Depr 139.75%
Cap/Sales 2.16%
Interest Coverage 250
Cash Conversion 285.64%
Profit Quality 1331.69%
Current Ratio 0.95
Quick Ratio 0.8
Altman-Z 1.04
F-Score9
WACC9.49%
ROIC/WACC0.46
Cap/Depr(3y)76.56%
Cap/Depr(5y)59.82%
Cap/Sales(3y)1.61%
Cap/Sales(5y)1.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)754.55%
EPS 3Y2.5%
EPS 5Y53.06%
EPS Q2Q%23.81%
EPS Next Y20.99%
EPS Next 2Y24.38%
EPS Next 3Y20.05%
EPS Next 5Y22.09%
Revenue 1Y (TTM)20.02%
Revenue growth 3Y0.83%
Revenue growth 5Y3.76%
Sales Q2Q%13.81%
Revenue Next Year11.59%
Revenue Next 2Y9.54%
Revenue Next 3Y8.51%
Revenue Next 5Y9.02%
EBIT growth 1Y143.02%
EBIT growth 3Y-36.78%
EBIT growth 5YN/A
EBIT Next Year27.5%
EBIT Next 3Y20.14%
EBIT Next 5Y16.01%
FCF growth 1Y-44.99%
FCF growth 3Y4.12%
FCF growth 5Y43.95%
OCF growth 1Y-37.99%
OCF growth 3Y5.85%
OCF growth 5Y33.47%

EXTREME NETWORKS INC / EXTR FAQ

What is the fundamental rating for EXTR stock?

ChartMill assigns a fundamental rating of 5 / 10 to EXTR.


Can you provide the valuation status for EXTREME NETWORKS INC?

ChartMill assigns a valuation rating of 7 / 10 to EXTREME NETWORKS INC (EXTR). This can be considered as Undervalued.


What is the profitability of EXTR stock?

EXTREME NETWORKS INC (EXTR) has a profitability rating of 4 / 10.


What is the financial health of EXTREME NETWORKS INC (EXTR) stock?

The financial health rating of EXTREME NETWORKS INC (EXTR) is 3 / 10.


What is the earnings growth outlook for EXTREME NETWORKS INC?

The Earnings per Share (EPS) of EXTREME NETWORKS INC (EXTR) is expected to grow by 20.99% in the next year.