CERAGON NETWORKS LTD (CRNT) Stock Fundamental Analysis

NASDAQ:CRNT • IL0010851660

2.26 USD
-0.01 (-0.44%)
At close: Feb 13, 2026
2.23 USD
-0.03 (-1.33%)
After Hours: 2/13/2026, 8:01:08 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to CRNT. CRNT was compared to 48 industry peers in the Communications Equipment industry. While CRNT is still in line with the averages on profitability rating, there are concerns on its financial health. CRNT has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year CRNT was profitable.
  • In the past year CRNT had a positive cash flow from operations.
  • In multiple years CRNT reported negative net income over the last 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: CRNT reported negative operating cash flow in multiple years.
CRNT Yearly Net Income VS EBIT VS OCF VS FCFCRNT 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 20M -20M 40M

1.2 Ratios

  • CRNT has a Return On Assets of 0.43%. This is comparable to the rest of the industry: CRNT outperforms 54.17% of its industry peers.
  • CRNT has a Return On Equity of 0.81%. This is comparable to the rest of the industry: CRNT outperforms 56.25% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.90%, CRNT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
ROA 0.43%
ROE 0.81%
ROIC 6.9%
ROA(3y)0.75%
ROA(5y)-1.82%
ROE(3y)0.89%
ROE(5y)-3.97%
ROIC(3y)N/A
ROIC(5y)N/A
CRNT Yearly ROA, ROE, ROICCRNT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10

1.3 Margins

  • With a Profit Margin value of 0.38%, CRNT perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
  • With a decent Operating Margin value of 6.32%, CRNT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • CRNT's Operating Margin has improved in the last couple of years.
  • CRNT's Gross Margin of 34.98% is on the low side compared to the rest of the industry. CRNT is outperformed by 62.50% of its industry peers.
  • In the last couple of years the Gross Margin of CRNT has remained more or less at the same level.
Industry RankSector Rank
OM 6.32%
PM (TTM) 0.38%
GM 34.98%
OM growth 3Y71.41%
OM growth 5Y22.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.77%
GM growth 5Y0.06%
CRNT Yearly Profit, Operating, Gross MarginsCRNT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CRNT is destroying value.
  • The number of shares outstanding for CRNT has been increased compared to 1 year ago.
  • The number of shares outstanding for CRNT has been increased compared to 5 years ago.
  • CRNT has a better debt/assets ratio than last year.
CRNT Yearly Shares OutstandingCRNT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
CRNT Yearly Total Debt VS Total AssetsCRNT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • CRNT has an Altman-Z score of 1.43. This is a bad value and indicates that CRNT is not financially healthy and even has some risk of bankruptcy.
  • CRNT has a Altman-Z score (1.43) which is in line with its industry peers.
  • The Debt to FCF ratio of CRNT is 7.68, which is on the high side as it means it would take CRNT, 7.68 years of fcf income to pay off all of its debts.
  • CRNT's Debt to FCF ratio of 7.68 is in line compared to the rest of the industry. CRNT outperforms 52.08% of its industry peers.
  • CRNT has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.18, CRNT is in line with its industry, outperforming 43.75% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 7.68
Altman-Z 1.43
ROIC/WACC0.74
WACC9.35%
CRNT Yearly LT Debt VS Equity VS FCFCRNT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

  • CRNT has a Current Ratio of 1.81. This is a normal value and indicates that CRNT is financially healthy and should not expect problems in meeting its short term obligations.
  • CRNT's Current ratio of 1.81 is on the low side compared to the rest of the industry. CRNT is outperformed by 62.50% of its industry peers.
  • A Quick Ratio of 1.36 indicates that CRNT should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.36, CRNT is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.81
Quick Ratio 1.36
CRNT Yearly Current Assets VS Current LiabilitesCRNT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2

3. Growth

3.1 Past

  • CRNT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -48.01%.
  • Measured over the past years, CRNT shows a very strong growth in Earnings Per Share. The EPS has been growing by 110.16% on average per year.
  • CRNT shows a decrease in Revenue. In the last year, the revenue decreased by -3.78%.
  • CRNT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.66% yearly.
EPS 1Y (TTM)-48.01%
EPS 3YN/A
EPS 5Y110.16%
EPS Q2Q%-87.5%
Revenue 1Y (TTM)-3.78%
Revenue growth 3Y10.67%
Revenue growth 5Y6.66%
Sales Q2Q%-16.74%

3.2 Future

  • Based on estimates for the next years, CRNT will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.19% on average per year.
  • The Revenue is expected to decrease by -0.65% on average over the next years.
EPS Next Y-76.24%
EPS Next 2Y-36.91%
EPS Next 3Y-16.19%
EPS Next 5YN/A
Revenue Next Year-13.75%
Revenue Next 2Y-4%
Revenue Next 3Y-0.65%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CRNT Yearly Revenue VS EstimatesCRNT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M
CRNT Yearly EPS VS EstimatesCRNT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 0.2 0.3 0.4

5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.29, the valuation of CRNT can be described as correct.
  • 87.50% of the companies in the same industry are more expensive than CRNT, based on the Price/Earnings ratio.
  • CRNT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.68.
  • CRNT is valuated correctly with a Price/Forward Earnings ratio of 13.85.
  • CRNT's Price/Forward Earnings ratio is rather cheap when compared to the industry. CRNT is cheaper than 87.50% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, CRNT is valued rather cheaply.
Industry RankSector Rank
PE 13.29
Fwd PE 13.85
CRNT Price Earnings VS Forward Price EarningsCRNT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • CRNT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CRNT is cheaper than 97.92% of the companies in the same industry.
  • CRNT's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 50.3
EV/EBITDA 4.38
CRNT Per share dataCRNT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

  • A cheap valuation may be justified as CRNT's earnings are expected to decrease with -16.19% in the coming years.
PEG (NY)N/A
PEG (5Y)0.12
EPS Next 2Y-36.91%
EPS Next 3Y-16.19%

0

5. Dividend

5.1 Amount

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

CERAGON NETWORKS LTD

NASDAQ:CRNT (2/13/2026, 8:01:08 PM)

After market: 2.23 -0.03 (-1.33%)

2.26

-0.01 (-0.44%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)11-11
Earnings (Next)02-17
Inst Owners21.28%
Inst Owner Change-80.45%
Ins Owners13.85%
Ins Owner ChangeN/A
Market Cap203.15M
Revenue(TTM)363.33M
Net Income(TTM)1.39M
Analysts81.82
Price Target4.85 (114.6%)
Short Float %1.04%
Short Ratio1.44
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)0
Avg EPS beat(2)-30.52%
Min EPS beat(2)-35.18%
Max EPS beat(2)-25.86%
EPS beat(4)1
Avg EPS beat(4)-12.46%
Min EPS beat(4)-35.18%
Max EPS beat(4)17.65%
EPS beat(8)4
Avg EPS beat(8)4.5%
EPS beat(12)6
Avg EPS beat(12)8.41%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-5.56%
Min Revenue beat(2)-11.53%
Max Revenue beat(2)0.4%
Revenue beat(4)2
Avg Revenue beat(4)-2.82%
Min Revenue beat(4)-11.53%
Max Revenue beat(4)0.4%
Revenue beat(8)3
Avg Revenue beat(8)-1.75%
Revenue beat(12)6
Avg Revenue beat(12)-0.89%
Revenue beat(16)6
Avg Revenue beat(16)-1.33%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-47.37%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.8%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-5.79%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.88%
Valuation
Industry RankSector Rank
PE 13.29
Fwd PE 13.85
P/S 0.56
P/FCF 50.3
P/OCF 9.38
P/B 1.18
P/tB 1.47
EV/EBITDA 4.38
EPS(TTM)0.17
EY7.52%
EPS(NY)0.16
Fwd EY7.22%
FCF(TTM)0.04
FCFY1.99%
OCF(TTM)0.24
OCFY10.66%
SpS4.04
BVpS1.91
TBVpS1.54
PEG (NY)N/A
PEG (5Y)0.12
Graham Number2.71
Profitability
Industry RankSector Rank
ROA 0.43%
ROE 0.81%
ROCE 11.64%
ROIC 6.9%
ROICexc 8.5%
ROICexgc 10.39%
OM 6.32%
PM (TTM) 0.38%
GM 34.98%
FCFM 1.11%
ROA(3y)0.75%
ROA(5y)-1.82%
ROE(3y)0.89%
ROE(5y)-3.97%
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 3Y93.38%
ROICexgc growth 5Y31.98%
ROICexc growth 3Y86.61%
ROICexc growth 5Y29.42%
OM growth 3Y71.41%
OM growth 5Y22.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.77%
GM growth 5Y0.06%
F-Score5
Asset Turnover1.11
Health
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 7.68
Debt/EBITDA 0.85
Cap/Depr 129.1%
Cap/Sales 4.85%
Interest Coverage 250
Cash Conversion 59.18%
Profit Quality 290.37%
Current Ratio 1.81
Quick Ratio 1.36
Altman-Z 1.43
F-Score5
WACC9.35%
ROIC/WACC0.74
Cap/Depr(3y)125.95%
Cap/Depr(5y)101.34%
Cap/Sales(3y)4.03%
Cap/Sales(5y)3.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-48.01%
EPS 3YN/A
EPS 5Y110.16%
EPS Q2Q%-87.5%
EPS Next Y-76.24%
EPS Next 2Y-36.91%
EPS Next 3Y-16.19%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.78%
Revenue growth 3Y10.67%
Revenue growth 5Y6.66%
Sales Q2Q%-16.74%
Revenue Next Year-13.75%
Revenue Next 2Y-4%
Revenue Next 3Y-0.65%
Revenue Next 5YN/A
EBIT growth 1Y-41.62%
EBIT growth 3Y89.71%
EBIT growth 5Y30.47%
EBIT Next Year-27.61%
EBIT Next 3Y0.24%
EBIT Next 5YN/A
FCF growth 1Y1102.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y89.73%
OCF growth 3YN/A
OCF growth 5YN/A

CERAGON NETWORKS LTD / CRNT FAQ

What is the ChartMill fundamental rating of CERAGON NETWORKS LTD (CRNT) stock?

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


What is the valuation status for CRNT stock?

ChartMill assigns a valuation rating of 5 / 10 to CERAGON NETWORKS LTD (CRNT). This can be considered as Fairly Valued.


Can you provide the profitability details for CERAGON NETWORKS LTD?

CERAGON NETWORKS LTD (CRNT) has a profitability rating of 4 / 10.


Can you provide the financial health for CRNT stock?

The financial health rating of CERAGON NETWORKS LTD (CRNT) is 3 / 10.


What is the expected EPS growth for CERAGON NETWORKS LTD (CRNT) stock?

The Earnings per Share (EPS) of CERAGON NETWORKS LTD (CRNT) is expected to decline by -76.24% in the next year.