EXTRExtreme Networks, Inc.

$24.20+8.5% 1Y

$24.20

$13.7452 weeks$33.71

Is the price fair?

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A demanding price: priced for +16% a year vs −1% a year delivered, well above its own median P/E, and rich vs its sector.

3 to watch

What the price assumes~+16% a year

Priced for ~16% a year FCF growth. The price already bakes in strong, sustained growth.

Vs its own P/E range66% above its own medianderived

Expensive vs its own history: P/E 78.1 vs a 47.0 median over 14 quarters (+66% vs median).

Vs sector (EV/EBIT)63.8×

Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jun 30, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)bottom 8% of the market

FCF yieldbehind 80% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What EXTR's price assumes

Extreme Networks, Inc. trades at 78.1× earnings against 39.8× for the median Communication Equipment name, more expensive than its own group.

78.1

Trailing P/E · Communication Equipment median 39.8 · 1.96× the median: the market pays up for this one

Price / sales: 3.15
Price / sales · today's price, trailing year to Jun 30, 2026
Free cash flow yield: 2.4%
Free cash flow yield · Communication Equipment median 3.0%
Growth the price implies: +16%
Growth the price implies · The price pays for +16% free cash flow growth a year for a decade; the business has delivered −26% a year over the last three.

Details›

Price / booktoday's price, trailing year to Jun 30, 2026: 45.7
EV / EBITtoday's price, trailing year to Jun 30, 2026: 63.8
EV / salestoday's price, trailing year to Jun 30, 2026: 3.12
Technology median P/E459 names: 37.7
Communication Equipment median P/E27 names: 39.8
Free cash flow, trailing twelve months: $95M
Market capitalisation: $4.05B
3-year revenue growth: −0.74%
3-year free cash flow growth: −26%

What the market has paid for these earnings: 14 quarters of its own multiple × $0.31 of trailing earnings per share
Method	Per share
Its own P/E history, lower quartile	$11.11
Its own P/E history, median	$14.57
Its own P/E history, upper quartile	$27.16
52-week range	$13.74 – $33.71
Today	$24.20

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.

On our screens:Stocks with no debt

Communication Equipment

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