Extreme Networks Inc (EXTR)

Computer Communications Equipment

Latest Price

$21.45

TTM P/E

195.00

Normalized P/E

357.50

Div Yield

Book Value

0.59

P/B Ratio

36.47

Valuation metrics

EPS: $0.31

Book value / share: $0.68

Formula: √(22.5 × EPS × BVPS)

Graham Number

$2.17

90% downside

Norm. op. income: $34M (median of 7yr)

Tax rate: 17%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$2.53

88% downside

Base FCF: $113M (median of recent 5yr)

Growth: 7%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$17.05

21% downside

EPS: $0.31

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$4.65

78% downside

97.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	20.84M	$674.0M	15.88%	+652.3K	2026-06-30
Vanguard Portfolio Management LLC	12.84M	$415.0M	9.79%	-733.9K	2026-06-30
State Street Corp	6.14M	$198.0M	4.68%	-312.7K	2026-06-30
Vanguard Capital Management LLC	5.68M	$183.0M	4.33%	-101.0K	2026-06-30
Price T Rowe Associates Inc	5.33M	$172.0M	4.06%	+5.17M	2026-06-30
Paradigm Capital Management Inc	4.24M	$137.0M	3.23%	-993.6K	2026-06-30
FMR LLC	3.51M	$113.0M	2.68%	+186.1K	2026-06-30
Geode Capital Management, LLC	3.41M	$110.0M	2.60%	+80.5K	2026-06-30
Arrowstreet Capital, Limited Partnership	3.36M	$108.0M	2.56%	+110.7K	2026-06-30
Goldman Sachs Group Inc	3.01M	$97.0M	2.29%	-123.3K	2026-06-30