CERAGON NETWORKS LTD (CRNT) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:CRNT • IL0010851660

2.38 USD
+0.15 (+6.73%)
At close: Feb 6, 2026
2.3899 USD
+0.01 (+0.42%)
After Hours: 2/6/2026, 8:26:34 PM
Fundamental Rating

3

CRNT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 48 industry peers in the Communications Equipment industry. There are concerns on the financial health of CRNT while its profitability can be described as average. CRNT is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • CRNT had positive earnings in the past year.
  • CRNT had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: CRNT reported negative net income in multiple years.
  • In multiple years CRNT reported negative operating cash flow during the last 5 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 (0.43%) which is comparable to the rest of the industry.
  • With a Return On Equity value of 0.81%, CRNT perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
  • CRNT has a better Return On Invested Capital (6.90%) than 72.92% of its industry peers.
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

  • CRNT has a Profit Margin (0.38%) which is comparable to the rest of the industry.
  • CRNT has a Operating Margin of 6.32%. This is in the better half of the industry: CRNT outperforms 66.67% of its industry peers.
  • In the last couple of years the Operating Margin of CRNT has grown nicely.
  • The Gross Margin of CRNT (34.98%) is worse than 60.42% of its industry peers.
  • CRNT's Gross Margin has been stable in the last couple of years.
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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CRNT is destroying value.
  • Compared to 1 year ago, CRNT has more shares outstanding
  • The number of shares outstanding for CRNT has been increased compared to 5 years ago.
  • Compared to 1 year ago, CRNT has an improved debt to assets ratio.
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

  • Based on the Altman-Z score of 1.48, we must say that CRNT is in the distress zone and has some risk of bankruptcy.
  • CRNT has a Altman-Z score of 1.48. This is comparable to the rest of the industry: CRNT outperforms 50.00% of its industry peers.
  • CRNT has a debt to FCF ratio of 7.68. This is a slightly negative value and a sign of low solvency as CRNT would need 7.68 years to pay back of all of its debts.
  • The Debt to FCF ratio of CRNT (7.68) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.18 indicates that CRNT is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.18, CRNT is in line with its industry, outperforming 45.83% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 7.68
Altman-Z 1.48
ROIC/WACC0.74
WACC9.32%
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.
  • The Current ratio of CRNT (1.81) is worse than 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.
  • CRNT's Quick ratio of 1.36 is on the low side compared to the rest of the industry. CRNT is outperformed by 62.50% of its industry peers.
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

  • The earnings per share for CRNT have decreased strongly by -48.01% in the last year.
  • 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.
  • Looking at the last year, CRNT shows a decrease in Revenue. The Revenue has decreased by -3.78% in the last year.
  • 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.
  • Based on estimates for the next years, CRNT will show a decrease in Revenue. The Revenue will decrease by -0.65% on average per year.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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

  • CRNT is valuated correctly with a Price/Earnings ratio of 14.00.
  • Based on the Price/Earnings ratio, CRNT is valued cheaper than 83.33% of the companies in the same industry.
  • CRNT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 14.58, CRNT is valued correctly.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CRNT indicates a rather cheap valuation: CRNT is cheaper than 83.33% of the companies listed in the same industry.
  • CRNT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.77.
Industry RankSector Rank
PE 14
Fwd PE 14.58
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

  • 97.92% of the companies in the same industry are more expensive than CRNT, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CRNT is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 52.97
EV/EBITDA 4.67
CRNT Per share dataCRNT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

  • CRNT's earnings are expected to decrease with -16.19% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.13
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 (2/6/2026, 8:26:34 PM)

After market: 2.3899 +0.01 (+0.42%)

2.38

+0.15 (+6.73%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)11-11
Earnings (Next)02-17
Inst Owners21.28%
Inst Owner Change-0.67%
Ins Owners13.85%
Ins Owner ChangeN/A
Market Cap213.94M
Revenue(TTM)363.33M
Net Income(TTM)1.39M
Analysts81.82
Price Target4.85 (103.78%)
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)-33.33%
EPS NQ rev (3m)-47.37%
EPS NY rev (1m)-10.47%
EPS NY rev (3m)-24.8%
Revenue NQ rev (1m)-2.61%
Revenue NQ rev (3m)-5.79%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)-0.88%
Valuation
Industry RankSector Rank
PE 14
Fwd PE 14.58
P/S 0.59
P/FCF 52.97
P/OCF 9.88
P/B 1.24
P/tB 1.55
EV/EBITDA 4.67
EPS(TTM)0.17
EY7.14%
EPS(NY)0.16
Fwd EY6.86%
FCF(TTM)0.04
FCFY1.89%
OCF(TTM)0.24
OCFY10.13%
SpS4.04
BVpS1.91
TBVpS1.54
PEG (NY)N/A
PEG (5Y)0.13
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 1.48
F-Score5
WACC9.32%
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.