CERAGON NETWORKS LTD (CRNT) Stock Fundamental Analysis

NASDAQ:CRNT • IL0010851660

2.3 USD
-0.02 (-0.86%)
At close: Feb 20, 2026
2.3192 USD
+0.02 (+0.83%)
After Hours: 2/20/2026, 8:25:51 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. 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 in line with its industry peers.
  • 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 75.00% 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

  • The Profit Margin of CRNT (0.38%) is comparable to the rest of the industry.
  • With a decent Operating Margin value of 6.32%, CRNT is doing good in the industry, outperforming 68.75% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CRNT has grown nicely.
  • The Gross Margin of CRNT (34.98%) is worse than 62.50% 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.
  • CRNT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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.
  • CRNT's Altman-Z score of 1.45 is in line compared to the rest of the industry. CRNT outperforms 54.17% of 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 has a Debt to FCF ratio (7.68) which is comparable to the rest of the industry.
  • CRNT has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
  • CRNT's Debt to Equity ratio of 0.18 is in line compared to the rest of the industry. CRNT outperforms 43.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 7.68
Altman-Z 1.45
ROIC/WACC0.77
WACC8.92%
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.
  • CRNT has a worse Current ratio (1.81) than 62.50% of its industry peers.
  • 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.
  • Looking at the Quick ratio, with a value of 1.36, CRNT is doing worse than 62.50% of the companies in the same industry.
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 -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. Valuation

4.1 Price/Earnings Ratio

  • CRNT is valuated rather expensively with a Price/Earnings ratio of 23.00.
  • 75.00% of the companies in the same industry are more expensive than CRNT, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.99, CRNT is valued at the same level.
  • The Price/Forward Earnings ratio is 14.09, which indicates a correct valuation of CRNT.
  • Based on the Price/Forward Earnings ratio, CRNT is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, CRNT is valued a bit cheaper.
Industry RankSector Rank
PE 23
Fwd PE 14.09
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 51.19
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

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • CRNT's earnings are expected to grow with 55.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y55.37%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • No dividends for CRNT!.
Industry RankSector Rank
Dividend Yield 0%

CERAGON NETWORKS LTD

NASDAQ:CRNT (2/20/2026, 8:25:51 PM)

After market: 2.3192 +0.02 (+0.83%)

2.3

-0.02 (-0.86%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)02-17
Earnings (Next)05-05
Inst Owners21.28%
Inst Owner Change-7.83%
Ins Owners13.85%
Ins Owner ChangeN/A
Market Cap206.75M
Revenue(TTM)N/A
Net Income(TTM)1.39M
Analysts81.82
Price Target4.85 (110.87%)
Short Float %0.78%
Short Ratio1.09
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%
Revenue NQ rev (3m)-5.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.88%
Valuation
Industry RankSector Rank
PE 23
Fwd PE 14.09
P/S 0.57
P/FCF 51.19
P/OCF 9.54
P/B 1.2
P/tB 1.49
EV/EBITDA 4.47
EPS(TTM)0.1
EY4.35%
EPS(NY)0.16
Fwd EY7.1%
FCF(TTM)0.04
FCFY1.95%
OCF(TTM)0.24
OCFY10.48%
SpS4.04
BVpS1.91
TBVpS1.54
PEG (NY)0.36
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
WACC8.92%
ROIC/WACC0.77
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 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 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.