Logo image of CRNT

CERAGON NETWORKS LTD (CRNT) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:CRNT - IL0010851660 - Common Stock

2.05 USD
-0.05 (-2.38%)
Last: 12/12/2025, 10:23:34 AM
Fundamental Rating

4

CRNT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 48 industry peers in the Communications Equipment industry. CRNT has an average financial health and profitability rating. CRNT is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

5

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.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M

1.2 Ratios

CRNT has a Return On Assets of 4.14%. This is in the better half of the industry: CRNT outperforms 72.92% of its industry peers.
Looking at the Return On Equity, with a value of 7.91%, CRNT is in the better half of the industry, outperforming 72.92% of the companies in the same industry.
CRNT has a Return On Invested Capital of 10.39%. This is amongst the best in the industry. CRNT outperforms 81.25% of its industry peers.
Industry RankSector Rank
ROA 4.14%
ROE 7.91%
ROIC 10.39%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10

1.3 Margins

CRNT has a Profit Margin of 3.57%. This is in the better half of the industry: CRNT outperforms 64.58% of its industry peers.
With a decent Operating Margin value of 8.89%, CRNT is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of CRNT has grown nicely.
Looking at the Gross Margin, with a value of 34.87%, CRNT is in line with its industry, outperforming 41.67% of the companies in the same industry.
In the last couple of years the Gross Margin of CRNT has remained more or less at the same level.
Industry RankSector Rank
OM 8.89%
PM (TTM) 3.57%
GM 34.87%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

4

2. Health

2.1 Basic Checks

CRNT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CRNT has more shares outstanding
Compared to 5 years ago, CRNT has more shares outstanding
Compared to 1 year ago, CRNT has an improved debt to assets ratio.
CRNT Yearly Shares OutstandingCRNT Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

Based on the Altman-Z score of 1.54, we must say that CRNT is in the distress zone and has some risk of bankruptcy.
CRNT's Altman-Z score of 1.54 is in line compared to the rest of the industry. CRNT outperforms 54.17% of its industry peers.
CRNT has a debt to FCF ratio of 1.77. This is a very positive value and a sign of high solvency as it would only need 1.77 years to pay back of all of its debts.
The Debt to FCF ratio of CRNT (1.77) is better than 70.83% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that CRNT is not too dependend on debt financing.
CRNT's Debt to Equity ratio of 0.12 is in line compared to the rest of the industry. CRNT outperforms 47.92% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 1.77
Altman-Z 1.54
ROIC/WACC1.11
WACC9.38%
CRNT Yearly LT Debt VS Equity VS FCFCRNT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

CRNT has a Current Ratio of 1.86. 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 Current ratio (1.86) which is comparable to the rest of the industry.
CRNT has a Quick Ratio of 1.38. This is a normal value and indicates that CRNT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of CRNT (1.38) is worse than 60.42% of its industry peers.
Industry RankSector Rank
Current Ratio 1.86
Quick Ratio 1.38
CRNT Yearly Current Assets VS Current LiabilitesCRNT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

3

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%.
CRNT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 110.16% yearly.
Looking at the last year, CRNT shows a quite strong growth in Revenue. The Revenue has grown by 13.54% in the last year.
The Revenue has been growing slightly by 6.66% on average over the past years.
EPS 1Y (TTM)-48.01%
EPS 3YN/A
EPS 5Y110.16%
EPS Q2Q%-87.5%
Revenue 1Y (TTM)13.54%
Revenue growth 3Y10.67%
Revenue growth 5Y6.66%
Sales Q2Q%-16.74%

3.2 Future

CRNT is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.64% yearly.
The Revenue is expected to decrease by -4.50% on average over the next years.
EPS Next Y-73.46%
EPS Next 2Y-30.05%
EPS Next 3Y-14.64%
EPS Next 5YN/A
Revenue Next Year-13.19%
Revenue Next 2Y-4.5%
Revenue Next 3YN/A
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
CRNT Yearly Revenue VS EstimatesCRNT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M
CRNT Yearly EPS VS EstimatesCRNT Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4 -0.4

6

4. Valuation

4.1 Price/Earnings Ratio

CRNT is valuated correctly with a Price/Earnings ratio of 12.06.
Based on the Price/Earnings ratio, CRNT is valued cheaply inside the industry as 89.58% of the companies are valued more expensively.
CRNT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.76.
With a Price/Forward Earnings ratio of 10.22, the valuation of CRNT can be described as very reasonable.
97.92% of the companies in the same industry are more expensive than CRNT, based on the Price/Forward Earnings ratio.
CRNT is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.96, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.06
Fwd PE 10.22
CRNT Price Earnings VS Forward Price EarningsCRNT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

100.00% of the companies in the same industry are more expensive than CRNT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CRNT is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 15.94
EV/EBITDA 3.39
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 -14.64% in the coming years.
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2Y-30.05%
EPS Next 3Y-14.64%

0

5. Dividend

5.1 Amount

CRNT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

CERAGON NETWORKS LTD

NASDAQ:CRNT (12/12/2025, 10:23:34 AM)

2.05

-0.05 (-2.38%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)11-11 2025-11-11/bmo
Earnings (Next)02-09 2026-02-09/bmo
Inst Owners21.18%
Inst Owner Change-0.19%
Ins Owners13.85%
Ins Owner ChangeN/A
Market Cap184.27M
Revenue(TTM)394.19M
Net Income(TTM)13.58M
Analysts81.82
Price Target4.85 (136.59%)
Short Float %1.23%
Short Ratio1.39
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)1
Avg EPS beat(2)-4.11%
Min EPS beat(2)-25.86%
Max EPS beat(2)17.65%
EPS beat(4)2
Avg EPS beat(4)14.9%
Min EPS beat(4)-25.86%
Max EPS beat(4)74.29%
EPS beat(8)5
Avg EPS beat(8)12.74%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-5.67%
Min Revenue beat(2)-11.53%
Max Revenue beat(2)0.18%
Revenue beat(4)1
Avg Revenue beat(4)-3.13%
Min Revenue beat(4)-11.53%
Max Revenue beat(4)0.18%
Revenue beat(8)3
Avg Revenue beat(8)-1.65%
Revenue beat(12)5
Avg Revenue beat(12)-1.08%
Revenue beat(16)6
Avg Revenue beat(16)-1.24%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-16.01%
EPS NY rev (3m)-43.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-2.98%
Valuation
Industry RankSector Rank
PE 12.06
Fwd PE 10.22
P/S 0.48
P/FCF 15.94
P/OCF 6.53
P/B 1.07
P/tB 1.33
EV/EBITDA 3.39
EPS(TTM)0.17
EY8.29%
EPS(NY)0.2
Fwd EY9.79%
FCF(TTM)0.13
FCFY6.28%
OCF(TTM)0.31
OCFY15.31%
SpS4.23
BVpS1.91
TBVpS1.54
PEG (NY)N/A
PEG (5Y)0.11
Graham Number2.7
Profitability
Industry RankSector Rank
ROA 4.14%
ROE 7.91%
ROCE 16.7%
ROIC 10.39%
ROICexc 11.96%
ROICexgc 14.46%
OM 8.89%
PM (TTM) 3.57%
GM 34.87%
FCFM 3.04%
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-Score6
Asset Turnover1.16
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 1.77
Debt/EBITDA 0.44
Cap/Depr 126.23%
Cap/Sales 4.38%
Interest Coverage 250
Cash Conversion 60.04%
Profit Quality 85.15%
Current Ratio 1.86
Quick Ratio 1.38
Altman-Z 1.54
F-Score6
WACC9.38%
ROIC/WACC1.11
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-73.46%
EPS Next 2Y-30.05%
EPS Next 3Y-14.64%
EPS Next 5YN/A
Revenue 1Y (TTM)13.54%
Revenue growth 3Y10.67%
Revenue growth 5Y6.66%
Sales Q2Q%-16.74%
Revenue Next Year-13.19%
Revenue Next 2Y-4.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.86%
EBIT growth 3Y89.71%
EBIT growth 5Y30.47%
EBIT Next Year-24.9%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y261.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y316.24%
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 4 / 10 to CRNT.


What is the valuation status of CERAGON NETWORKS LTD (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 5 / 10.


What is the valuation of CERAGON NETWORKS LTD based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CERAGON NETWORKS LTD (CRNT) is 12.06 and the Price/Book (PB) ratio is 1.07.


What is the financial health of CERAGON NETWORKS LTD (CRNT) stock?

The financial health rating of CERAGON NETWORKS LTD (CRNT) is 4 / 10.