CERAGON NETWORKS LTD (CRNT) Stock Fundamental Analysis

NASDAQ:CRNT • IL0010851660

2.26 USD
-0.04 (-1.74%)
Last: Mar 3, 2026, 01:43 PM
Fundamental Rating

3

Overall CRNT gets a fundamental rating of 3 out of 10. We evaluated CRNT against 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 is valued correctly, 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.
  • 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.
  • 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 (0.43%) which is in line with its industry peers.
  • The Return On Equity of CRNT (0.81%) is comparable to the rest of the industry.
  • CRNT has a better Return On Invested Capital (6.90%) than 77.08% 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.
  • Looking at the Operating Margin, with a value of 6.32%, CRNT is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
  • CRNT's Operating Margin has improved in the last couple of years.
  • CRNT has a Gross Margin of 34.98%. This is in the lower half of the industry: CRNT underperforms 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.
  • 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.
  • With a Altman-Z score value of 1.45, CRNT perfoms like the industry average, outperforming 52.08% of the companies in the same 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 of 7.68. This is comparable to the rest of the industry: CRNT outperforms 52.08% of its industry peers.
  • 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 comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 7.68
Altman-Z 1.45
ROIC/WACC0.78
WACC8.89%
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.
  • 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 -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

  • Based on estimates for the next years, CRNT will show a very strong growth in Earnings Per Share. The EPS will grow by 55.37% on average per year.
  • The Revenue is expected to grow by 6.63% on average over the next years.
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 22.60.
  • CRNT's Price/Earnings ratio is a bit cheaper when compared to the industry. CRNT is cheaper than 77.08% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of CRNT to the average of the S&P500 Index (27.13), we can say CRNT is valued inline with the index average.
  • 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 89.58% of the companies in the same industry.
  • CRNT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.11.
Industry RankSector Rank
PE 22.6
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 40

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 is on the same level as the industry average.
Industry RankSector Rank
P/FCF 50.3
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.
  • A more expensive valuation may be justified as CRNT's earnings are expected to grow with 55.37% in the coming years.
PEG (NY)0.36
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 (3/3/2026, 1:43:17 PM)

2.26

-0.04 (-1.74%)

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 Cap203.15M
Revenue(TTM)N/A
Net Income(TTM)1.39M
Analysts81.82
Price Target4.85 (114.6%)
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 22.6
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 4.47
EPS(TTM)0.1
EY4.42%
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)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
WACC8.89%
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.