Ceragon Networks Stock Z Score

CRNT Stock

USD 4.60 0.14 3.14%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Ceragon Networks Piotroski F Score and Ceragon Networks Valuation analysis.

For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.

At this time, Ceragon Networks' Net Working Capital is comparatively stable compared to the past year. Change In Working Capital is likely to gain to about 12.9 M in 2025, whereas Capital Stock is likely to drop slightly above 241.8 K in 2025. At this time, Ceragon Networks' Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 24.5 M in 2025, whereas Selling General Administrative is likely to drop slightly above 19.9 M in 2025.

Ceragon Networks Company Z Score Analysis

Ceragon Networks' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Ceragon Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Ceragon Networks is extremely important. It helps to project a fair market value of Ceragon Stock properly, considering its historical fundamentals such as Z Score. Since Ceragon Networks' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ceragon Networks' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ceragon Networks' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Debt	Treasury Stock	Good Will	Intangible Assets	Long Term Debt	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.82	0.19	-0.4	0.88	0.87	0.94	0.98	0.32	0.48	0.6	0.41	-0.81	0.54	0.56	-0.13	-0.08	0.0	0.06	0.03	0.07	0.03	0.08	-0.07	0.09
Total Stockholder Equity	0.82		-0.04	-0.53	0.68	0.63	0.57	0.75	0.54	0.67	0.26	0.17	-0.85	0.27	0.45	-0.39	0.45	-0.41	-0.28	-0.1	0.27	-0.1	0.4	-0.1	0.21
Net Debt	0.19	-0.04		-0.12	-0.04	-0.1	0.3	0.11	0.0	0.55	0.15	0.61	0.04	0.33	0.39	0.0	-0.38	-0.15	0.3	-0.43	0.44	-0.43	0.41	-0.76	0.59
Retained Earnings	-0.4	-0.53	-0.12		-0.52	-0.43	-0.26	-0.4	-0.91	-0.65	0.22	-0.49	0.77	0.34	0.05	0.93	-0.1	0.66	0.69	0.17	-0.26	0.17	-0.36	0.31	-0.26
Accounts Payable	0.88	0.68	-0.04	-0.52		0.96	0.86	0.92	0.43	0.32	0.45	0.41	-0.82	0.29	0.39	-0.29	-0.14	0.01	-0.16	0.13	-0.05	0.13	-0.1	0.09	-0.05
Net Receivables	0.87	0.63	-0.1	-0.43	0.96		0.86	0.92	0.33	0.22	0.47	0.4	-0.78	0.37	0.35	-0.21	-0.16	0.16	-0.07	0.16	-0.12	0.16	-0.19	0.22	-0.15
Total Liab	0.94	0.57	0.3	-0.26	0.86	0.86		0.95	0.14	0.29	0.7	0.48	-0.65	0.61	0.53	0.05	-0.39	0.25	0.25	0.1	-0.05	0.1	-0.13	-0.03	0.0
Total Current Assets	0.98	0.75	0.11	-0.4	0.92	0.92	0.95		0.29	0.38	0.65	0.41	-0.82	0.51	0.48	-0.11	-0.16	0.1	0.04	0.05	-0.01	0.05	-0.06	0.03	0.0
Common Stock	0.32	0.54	0.0	-0.91	0.43	0.33	0.14	0.29		0.59	-0.32	0.31	-0.65	-0.48	-0.15	-0.91	0.25	-0.75	-0.73	0.0	0.34	0.0	0.48	-0.25	0.3
Property Plant Equipment	0.48	0.67	0.55	-0.65	0.32	0.22	0.29	0.38	0.59		-0.09	0.52	-0.55	0.1	0.48	-0.6	0.35	-0.74	-0.36	-0.56	0.68	-0.56	0.79	-0.69	0.7
Current Deferred Revenue	0.6	0.26	0.15	0.22	0.45	0.47	0.7	0.65	-0.32	-0.09		0.03	-0.24	0.62	0.43	0.53	-0.4	0.48	0.42	0.06	-0.17	0.06	-0.32	0.08	-0.12
Short Term Debt	0.41	0.17	0.61	-0.49	0.41	0.4	0.48	0.41	0.31	0.52	0.03		-0.32	0.22	0.31	-0.4	-0.31	-0.16	0.02	-0.39	0.36	-0.39	0.34	-0.47	0.43
Treasury Stock	-0.81	-0.85	0.04	0.77	-0.82	-0.78	-0.65	-0.82	-0.65	-0.55	-0.24	-0.32		-0.11	-0.25	0.56	-0.12	0.32	0.38	-0.05	0.01	-0.05	-0.11	-0.01	0.03
Good Will	0.54	0.27	0.33	0.34	0.29	0.37	0.61	0.51	-0.48	0.1	0.62	0.22	-0.11		0.73	0.55	-0.25	0.51	0.72	-0.17	0.06	-0.17	-0.11	-0.17	0.12
Intangible Assets	0.56	0.45	0.39	0.05	0.39	0.35	0.53	0.48	-0.15	0.48	0.43	0.31	-0.25	0.73		0.2	-0.01	0.0	0.36	-0.35	0.34	-0.35	0.33	-0.43	0.39
Long Term Debt	-0.13	-0.39	0.0	0.93	-0.29	-0.21	0.05	-0.11	-0.91	-0.6	0.53	-0.4	0.56	0.55	0.2		-0.32	0.79	0.81	0.2	-0.34	0.2	-0.48	0.27	-0.3
Net Tangible Assets	-0.08	0.45	-0.38	-0.1	-0.14	-0.16	-0.39	-0.16	0.25	0.35	-0.4	-0.31	-0.12	-0.25	-0.01	-0.32		-0.58	-0.51	-0.25	0.34	-0.25	0.53	0.07	0.2
Long Term Investments	0.0	-0.41	-0.15	0.66	0.01	0.16	0.25	0.1	-0.75	-0.74	0.48	-0.16	0.32	0.51	0.0	0.79	-0.58		0.72	0.33	-0.54	0.33	-0.79	0.48	-0.51
Short Long Term Debt	0.06	-0.28	0.3	0.69	-0.16	-0.07	0.25	0.04	-0.73	-0.36	0.42	0.02	0.38	0.72	0.36	0.81	-0.51	0.72		0.13	-0.21	0.13	-0.31	0.02	-0.12
Long Term Debt Total	0.03	-0.1	-0.43	0.17	0.13	0.16	0.1	0.05	0.0	-0.56	0.06	-0.39	-0.05	-0.17	-0.35	0.2	-0.25	0.33	0.13		-0.79	1.0	-0.55	0.69	-0.79
Capital Surpluse	0.07	0.27	0.44	-0.26	-0.05	-0.12	-0.05	-0.01	0.34	0.68	-0.17	0.36	0.01	0.06	0.34	-0.34	0.34	-0.54	-0.21	-0.79		-0.79	0.81	-0.79	0.98
Deferred Long Term Liab	0.03	-0.1	-0.43	0.17	0.13	0.16	0.1	0.05	0.0	-0.56	0.06	-0.39	-0.05	-0.17	-0.35	0.2	-0.25	0.33	0.13	1.0	-0.79		-0.55	0.69	-0.79
Net Invested Capital	0.08	0.4	0.41	-0.36	-0.1	-0.19	-0.13	-0.06	0.48	0.79	-0.32	0.34	-0.11	-0.11	0.33	-0.48	0.53	-0.79	-0.31	-0.55	0.81	-0.55		-0.66	0.78
Net Working Capital	-0.07	-0.1	-0.76	0.31	0.09	0.22	-0.03	0.03	-0.25	-0.69	0.08	-0.47	-0.01	-0.17	-0.43	0.27	0.07	0.48	0.02	0.69	-0.79	0.69	-0.66		-0.89
Capital Stock	0.09	0.21	0.59	-0.26	-0.05	-0.15	0.0	0.0	0.3	0.7	-0.12	0.43	0.03	0.12	0.39	-0.3	0.2	-0.51	-0.12	-0.79	0.98	-0.79	0.78	-0.89

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Ceragon Networks

In accordance with the company's disclosures, Ceragon Networks has a Z Score of 0.0. This is 100.0% lower than that of the Communications Equipment sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

Ceragon Networks Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ceragon Networks from analyzing Ceragon Networks' financial statements. These drivers represent accounts that assess Ceragon Networks' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ceragon Networks' important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	225.6M	215.2M	160.7M	182.8M	164.5M	154.2M
Enterprise Value	211.5M	234.5M	192.2M	204.7M	184.3M	146.6M

Ceragon Networks ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ceragon Networks' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ceragon Networks' managers, analysts, and investors.

Environmental

Governance

Social

Ceragon Networks Institutional Holders

Institutional Holdings refers to the ownership stake in Ceragon Networks that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ceragon Networks' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ceragon Networks' value.

		Shares
Millrace Asset Group, Inc	2024-09-30	248.4 K
Perritt Capital Management Inc.	2024-09-30	217.6 K
Susquehanna International Group, Llp	2024-09-30	195.2 K
Qube Research & Technologies	2024-09-30	176.2 K
Amvescap Plc.	2024-09-30	144.3 K
Goldman Sachs Group Inc	2024-09-30	132.7 K
Caption Management, Llc	2024-09-30	122.8 K
Kennedy Capital Management Inc	2024-09-30	117.6 K
Wealthtrust Axiom Llc	2024-09-30	110.2 K
First Wilshire Securities Mgmt Inc (ca)	2024-09-30	3 M
Essex Investment Management Company, Llc	2024-09-30	1.3 M

Ceragon Fundamentals

	Return On Equity	0.0771
	Return On Asset	0.0614
	Profit Margin	0.03 %
	Operating Margin	0.12 %
	Current Valuation	390.32 M
	Shares Outstanding	85.87 M
	Shares Owned By Insiders	20.40 %
	Shares Owned By Institutions	17.20 %
	Number Of Shares Shorted	240.95 K
	Price To Earning	12.96 X
	Price To Book	2.44 X
	Price To Sales	1.09 X
	Revenue	347.18 M
	Gross Profit	126.87 M
	EBITDA	30.25 M
	Net Income	6.22 M
	Cash And Equivalents	23.59 M
	Cash Per Share	0.28 X
	Total Debt	50.2 M
	Debt To Equity	0.38 %
	Current Ratio	1.61 X
	Book Value Per Share	1.57 X
	Cash Flow From Operations	30.89 M
	Short Ratio	0.29 X
	Earnings Per Share	0.21 X
	Price To Earnings To Growth	8.80 X
	Target Price	7.33
	Number Of Employees	1.05 K
	Beta	1.36
	Market Capitalization	395 M
	Total Asset	298.52 M
	Retained Earnings	(275.19 M)
	Working Capital	84.99 M
	Current Asset	226.91 M
	Current Liabilities	142.6 M
	Net Asset	298.52 M

About Ceragon Networks Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ceragon Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ceragon Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ceragon Networks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Ceragon Networks Stock Z Score

Ceragon Networks Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Ceragon Z Score Driver Correlations

Ceragon Networks Current Valuation Drivers

Ceragon Networks ESG Sustainability

Ceragon Networks Institutional Holders

Ceragon Fundamentals

About Ceragon Networks Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Ceragon Stock Analysis

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