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ISIN
IL0010851660
CUSIP
M22013102
IPO Date
Aug 4, 2000

Highlights

Market Cap
$242.19M
Enterprise Value
$257.65M
EPS (TTM)
-$0.03
Total Revenue (TTM)
$335.08M
Gross Profit (TTM)
$115.25M
EBITDA (TTM)
$21.22M
Year Range
$1.82 - $3.29
Target Price
$4.25
ROA (TTM)
-0.80%
ROE (TTM)
-1.43%

Share Price Chart


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Ceragon Networks Ltd.

Performance

CRNT Performance Chart

Ceragon Networks Ltd. (CRNT) is up 27.1% since the beginning of the year. At $3 per share, CRNT is trading 18.8% below its 52-week high of $3. Investors who bought $1,000 worth of CRNT shares 5 years ago would now be looking at an investment worth $742.


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S&P 500 Index

Returns By Period

Ceragon Networks Ltd. (CRNT) has returned 27.14% so far this year and 18.67% over the past 12 months. Over the last ten years, CRNT has returned 5.12% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Ceragon Networks Ltd.

1D
-1.11%
1M
0.38%
YTD
27.14%
6M
30.24%
1Y
18.67%
3Y*
10.67%
5Y*
-5.80%
10Y*
5.12%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CRNT Monthly Returns History

Based on dividend-adjusted daily data since Aug 4, 2000, CRNT's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.

Historically, 49% of months were positive and 51% were negative. The best month was Apr 2020 with a return of +84.1%, while the worst month was Mar 2001 at -57.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.

On a daily basis, CRNT closed higher 45% of trading days. The best single day was Jan 15, 2021 with a return of +54.0%, while the worst single day was Nov 4, 2019 at -35.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.52%-1.30%-4.85%16.20%15.14%-7.61%27.14%
2025-1.28%-39.48%-15.77%-7.23%4.13%8.37%-10.16%-8.14%14.78%11.59%-21.54%2.94%-55.03%
202413.89%23.98%4.92%-13.44%-5.05%-4.94%10.80%7.58%-8.05%-9.49%83.06%2.86%116.20%
20238.90%-11.06%-9.73%16.77%-8.21%17.32%-3.81%-3.47%5.13%-17.07%11.18%14.29%13.09%
2022-10.85%-2.61%-4.91%-10.33%-7.33%45.20%1.17%-15.00%-17.19%-1.64%8.89%-2.55%-25.97%
202160.07%-1.12%-14.32%-9.55%-2.05%12.87%6.10%1.00%-13.61%0.57%-25.07%-1.90%-7.19%

Benchmark Metrics

Ceragon Networks Ltd. has an annualized alpha of 1.69%, beta of 1.04, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since August 04, 2000.

  • This stock participated in 178.88% of S&P 500 Index downside but only 144.72% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.10 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
1.69%
Beta
1.04
0.10
Upside Capture
144.72%
Downside Capture
178.88%

Return for Risk

Risk / Return Rank

CRNT ranks 54 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


CRNT Risk / Return Rank: 5454
Overall Rank
CRNT Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
CRNT Sortino Ratio Rank: 5353
Sortino Ratio Rank
CRNT Omega Ratio Rank: 5151
Omega Ratio Rank
CRNT Calmar Ratio Rank: 5656
Calmar Ratio Rank
CRNT Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Ceragon Networks Ltd. (CRNT) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


CRNTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.67

Sortino ratioReturn per unit of downside risk

-1.88

Omega ratioGain probability vs. loss probability

1.10

1.37

-0.26

Calmar ratioReturn relative to maximum drawdown

0.58

2.78

-2.20

Martin ratioReturn relative to average drawdown

1.07

12.44

-11.37

Dividends

Dividend History


Ceragon Networks Ltd. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Ceragon Networks Ltd.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Ceragon Networks Ltd. was 97.24%, occurring on Jan 30, 2015. The portfolio has not yet recovered.

The current Ceragon Networks Ltd. drawdown is 91.66%.


Related event

Drawdown

Fall

Recovery

Underwater

2015 bear market2015
-97.24%Jan 2015
14y 4mo
25y 9moSep 2000 - now
Dot-com crash2000–2002
-39.07%Aug 2000
12d12d
24dAug 2000 - Aug 2000
Dot-com crash2000–2002
-18.13%Sep 2000
6d2d
8dAug 2000 - Sep 2000

Drawdown Indicators


CRNTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-97.24%

-56.78%

-40.46%

Max Drawdown (1Y)

Largest decline over 1 year

-32.26%

-9.10%

-23.16%

Max Drawdown (3Y)

Largest decline over 3 years

-66.42%

-18.90%

-47.52%

Max Drawdown (5Y)

Largest decline over 5 years

-66.42%

-25.43%

-40.99%

Max Drawdown (10Y)

Largest decline over 10 years

-79.75%

-33.92%

-45.83%

Current Drawdown

Current decline from peak

-91.66%

-1.80%

-89.86%

Average Drawdown

Average peak-to-trough decline

-85.17%

-10.71%

-74.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.42%

2.03%

+15.39%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Ceragon Networks Ltd. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Ceragon Networks Ltd. is priced in the market compared to other companies in the Communication Equipment industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for CRNT relative to other companies in the Communication Equipment industry. Currently, CRNT has a P/S ratio of 0.7. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for CRNT in comparison with other companies in the Communication Equipment industry. Currently, CRNT has a P/B value of 1.4. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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