Ceragon Networks Ltd (CRNT)

Radio & Tv Broadcasting & Communications Equipment

Latest Price

$2.07

TTM P/E

Normalized P/E

Div Yield

Book Value

1.95

P/B Ratio

1.06

Valuation metrics

Norm. op. income: $7M (median of 7yr)

Tax rate: 31%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$0.76

63% downside

Base FCF: $18M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$3.59

+73% upside