Ceragon Networks Ltd

Chart & Performance

D1W1MN

P/E

8.93

P/S

0.55

EPS

0.27

Div Yield, %

—

Shrs. gr., 5y

1.96%

Rev. gr., 5y

6.66%

Revenues

394m

+13.54%

Net income

24m

+286.86%

CFO

26m

-15.18%

Earnings

Aug 05, 2025

Profile

Ceragon Networks Ltd. provides wireless backhaul and fronthaul solutions that enable cellular operators and other wireless service providers. Its solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and the core of the service provider's network. The company also uses microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G, 3G, and other cellular base stations. In addition, it provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-20 split-mount/all-indoor solutions comprising IP-20N/IP-20A, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50C, IP-50S, and IP-50FX for various short-haul, long-haul, fronthaul, and enterprise access applications. Further, the company offers network management system; and network and radio planning, site survey, solutions development, installation, network auditing and optimization, maintenance, training, and other services. It provides its services to oil and gas companies; public safety organizations; business and public institutions; broadcasters; energy utilities; and private communications networks. The company sells its products through direct sales, original equipment manufacturers, distributors, and system integrators. It operates in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was incorporated in 1996 and is headquartered in Rosh HaAyin, Israel.

URL

https://www.ceragon.com

IPO date

Aug 04, 2000

Employees

988

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	394,190 13.54%	347,179 17.62%	295,173 1.52%
Cost of revenue	351,227	323,954	289,600
Unusual Expense (Income)
NOPBT	42,963	23,225	5,573
NOPBT Margin	10.90%	6.69%	1.89%
Operating Taxes	3,190	6,522	2,446
Tax Rate	7.42%	28.08%	43.89%
NOPAT	39,773	16,703	3,127
Net income	24,063 286.86%	6,220 -184.07%	(7,399) -50.10%
Dividends
Dividend yield
Proceeds from repurchase of equity		39	410
BB yield		-0.02%	-0.26%
Debt
Debt current	28,171	36,489	41,245
Long-term debt	28,843	31,321	30,119
Deferred revenue		670	11,545
Other long-term liabilities	14,287	17,167	11,967
Net debt	21,703	39,573	48,416
Cash flow
Cash from operating activities	26,198	30,887	(4,895)
CAPEX	(14,581)	(9,955)	(12,421)
Cash from investing activities	(16,464)	(20,870)	(12,421)
Cash from financing activities	(1,522)	(4,861)	23,110
FCF	26,592	44,762	(1,044)
Balance
Cash	35,311	28,237	22,948
Long term investments
Excess cash	15,602	10,878	8,189
Stockholders' equity	(260,961)	(283,051)	(280,050)
Invested Capital	482,680	485,112	490,067
ROIC	8.22%	3.43%	0.65%
ROCE	19.38%	11.49%	2.65%
EV
Common stock shares outstanding	88,460	85,483	84,133
Price	4.67 116.20%	2.16 13.09%	1.91 -25.97%
Market cap	413,108 123.73%	184,642 14.90%	160,694 -25.33%
EV	434,811	224,215	209,110
EBITDA	55,075	33,192	16,613
EV/EBITDA	7.89	6.76	12.59
Interest	5,974	7,538	6,306
Interest/NOPBT	13.90%	32.46%	113.15%