CERAGON NETWORKS LTD (CRNT) Fundamental Analysis & Valuation

NASDAQ:CRNT • IL0010851660

2.24 USD
-0.06 (-2.61%)
At close: Mar 6, 2026
2.22 USD
-0.02 (-0.89%)
After Hours: 3/6/2026, 8:09:49 PM

This CRNT fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Taking everything into account, CRNT scores 3 out of 10 in our fundamental rating. CRNT was compared to 48 industry peers in the Communications Equipment industry. CRNT has a medium profitability rating, but doesn't score so well on its financial health evaluation. CRNT has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. CRNT Profitability Analysis

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

  • Looking at the Return On Assets, with a value of 0.43%, CRNT is in line with its industry, outperforming 56.25% of the companies in the same industry.
  • CRNT's Return On Equity of 0.81% is in line compared to the rest of the industry. CRNT outperforms 58.33% 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 79.17% 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

  • CRNT's Profit Margin of 0.38% is in line compared to the rest of the industry. CRNT outperforms 56.25% of its industry peers.
  • CRNT has a better Operating Margin (6.32%) than 72.92% of its industry peers.
  • CRNT's Operating Margin has improved in the last couple of years.
  • CRNT has a worse Gross Margin (34.98%) than 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. CRNT Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CRNT is destroying value.
  • There is no outstanding debt for CRNT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
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 1.45. This is a bad value and indicates that CRNT is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of CRNT (1.45) is comparable to the rest of the industry.
  • 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.
  • CRNT has a Debt to FCF ratio (7.68) which 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.
  • CRNT has a Debt to Equity ratio (0.18) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 7.68
Altman-Z 1.45
ROIC/WACC0.78
WACC8.9%
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

  • A Current Ratio of 1.81 indicates that CRNT should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.81, CRNT is doing worse than 62.50% of the companies in the same industry.
  • CRNT has a Quick Ratio of 1.36. This is a normal value and indicates that CRNT is financially healthy and should not expect problems in meeting its short term obligations.
  • CRNT has a worse Quick ratio (1.36) than 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. CRNT Growth Analysis

3.1 Past

  • The earnings per share for CRNT have decreased strongly by -75.61% in the last year.
EPS 1Y (TTM)-75.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-77.78%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-23.01%

3.2 Future

  • The Earnings Per Share is expected to grow by 55.37% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, CRNT will show a small growth in Revenue. The Revenue will grow by 6.63% on average per year.
EPS Next Y63.2%
EPS Next 2Y55.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.85%
Revenue Next 2Y6.63%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

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

6

4. CRNT Valuation Analysis

4.1 Price/Earnings Ratio

  • CRNT is valuated rather expensively with a Price/Earnings ratio of 22.40.
  • Compared to the rest of the industry, the Price/Earnings ratio of CRNT indicates a somewhat cheap valuation: CRNT is cheaper than 75.00% of the companies listed in the same industry.
  • CRNT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
  • CRNT is valuated correctly with a Price/Forward Earnings ratio of 13.73.
  • 87.50% of the companies in the same industry are more expensive than CRNT, based on the Price/Forward Earnings ratio.
  • CRNT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.57, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.4
Fwd PE 13.73
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CRNT indicates a rather cheap valuation: CRNT is cheaper than 97.92% of the companies listed in the same industry.
  • CRNT's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 49.85
EV/EBITDA 4.47
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 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 CRNT's earnings are expected to grow with 55.37% in the coming years.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y55.37%
EPS Next 3YN/A

0

5. CRNT Dividend Analysis

5.1 Amount

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

CRNT Fundamentals: All Metrics, Ratios and Statistics

CERAGON NETWORKS LTD

NASDAQ:CRNT (3/6/2026, 8:09:49 PM)

After market: 2.22 -0.02 (-0.89%)

2.24

-0.06 (-2.61%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)02-17
Earnings (Next)05-05
Inst Owners21.28%
Inst Owner Change-7.56%
Ins Owners13.85%
Ins Owner ChangeN/A
Market Cap201.35M
Revenue(TTM)N/A
Net Income(TTM)1.39M
Analysts81.82
Price Target4.85 (116.52%)
Short Float %0.57%
Short Ratio0.8
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)-33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.88%
Valuation
Industry RankSector Rank
PE 22.4
Fwd PE 13.73
P/S 0.55
P/FCF 49.85
P/OCF 9.3
P/B 1.17
P/tB 1.45
EV/EBITDA 4.47
EPS(TTM)0.1
EY4.46%
EPS(NY)0.16
Fwd EY7.29%
FCF(TTM)0.04
FCFY2.01%
OCF(TTM)0.24
OCFY10.76%
SpS4.04
BVpS1.91
TBVpS1.54
PEG (NY)0.35
PEG (5Y)N/A
Graham Number2.08
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 1.45
F-Score5
WACC8.9%
ROIC/WACC0.78
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)-75.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-77.78%
EPS Next Y63.2%
EPS Next 2Y55.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-23.01%
Revenue Next Year6.85%
Revenue Next 2Y6.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-41.62%
EBIT growth 3Y89.71%
EBIT growth 5Y30.47%
EBIT Next Year-27.61%
EBIT Next 3Y1.21%
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 6 / 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 grow by 63.2% in the next year.