Ceragon Networks Ltd.

NasdaqGS:CRNT Stock Report

Market Cap: US$275.5m

Ceragon Networks Valuation

Is CRNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CRNT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CRNT ($3.2) is trading below our estimate of fair value ($23.63)

Significantly Below Fair Value: CRNT is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRNT?

Other financial metrics that can be useful for relative valuation.

CRNT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CRNT's PE Ratio compare to its peers?

The above table shows the PE ratio for CRNT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.4x
GILT Gilat Satellite Networks
13.2x-3.8%US$301.3m
AUDC AudioCodes
45.3x37.2%US$397.2m
AVNW Aviat Networks
31.8x73.5%US$480.4m
PCTI PCTEL
31.2x17.1%US$132.9m
CRNT Ceragon Networks
44xn/aUS$275.5m

Price-To-Earnings vs Peers: CRNT is expensive based on its Price-To-Earnings Ratio (44x) compared to the peer average (30.4x).


Price to Earnings Ratio vs Industry

How does CRNT's PE Ratio compare vs other companies in the US Communications Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: CRNT is expensive based on its Price-To-Earnings Ratio (44x) compared to the US Communications industry average (32x).


Price to Earnings Ratio vs Fair Ratio

What is CRNT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRNT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CRNT's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CRNT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$3.20
US$5.63
+75.8%
6.7%US$6.00US$5.25n/a2
Mar ’25US$3.03
US$5.63
+85.6%
6.7%US$6.00US$5.25n/a2
Feb ’25US$2.42
US$5.63
+132.4%
6.7%US$6.00US$5.25n/a2
Jan ’25US$2.16
US$5.63
+160.4%
6.7%US$6.00US$5.25n/a2
Dec ’24US$1.90
US$5.63
+196.1%
6.7%US$6.00US$5.25n/a2
Nov ’24US$1.67
US$5.63
+236.8%
6.7%US$6.00US$5.25n/a2
Oct ’24US$2.05
US$5.63
+174.4%
6.7%US$6.00US$5.25n/a2
Sep ’24US$1.90
US$5.63
+196.1%
6.7%US$6.00US$5.25n/a2
Aug ’24US$2.18
US$5.63
+158.0%
6.7%US$6.00US$5.25n/a2
Jul ’24US$2.10
US$5.63
+167.9%
6.7%US$6.00US$5.25n/a2
Jun ’24US$1.84
US$5.63
+205.7%
6.7%US$6.00US$5.25n/a2
May ’24US$1.87
US$5.63
+200.8%
6.7%US$6.00US$5.25n/a2
Apr ’24US$1.67
US$5.63
+236.8%
6.7%US$6.00US$5.25n/a2
Mar ’24US$1.80
US$5.63
+212.5%
6.7%US$6.00US$5.25US$3.032
Feb ’24US$2.10
US$5.63
+167.9%
6.7%US$6.00US$5.25US$2.422
Jan ’24US$1.91
US$5.63
+194.5%
6.7%US$6.00US$5.25US$2.162
Dec ’23US$1.99
US$5.08
+155.4%
16.2%US$6.00US$4.00US$1.903
Nov ’23US$1.79
US$5.08
+184.0%
16.2%US$6.00US$4.00US$1.673
Oct ’23US$1.83
US$5.08
+177.8%
16.2%US$6.00US$4.00US$2.053
Sep ’23US$2.17
US$5.08
+134.3%
16.2%US$6.00US$4.00US$1.903
Aug ’23US$2.64
US$5.08
+92.6%
16.2%US$6.00US$4.00US$2.183
Jul ’23US$2.54
US$5.08
+100.1%
16.2%US$6.00US$4.00US$2.103
Jun ’23US$1.81
US$5.08
+180.8%
16.2%US$6.00US$4.00US$1.843
May ’23US$1.91
US$5.75
+201.0%
4.3%US$6.00US$5.50US$1.872
Apr ’23US$2.09
US$5.58
+167.1%
5.6%US$6.00US$5.25US$1.673
Mar ’23US$2.20
US$5.58
+153.8%
5.6%US$6.00US$5.25US$1.803

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.