Ceragon Net Income vs Price to Sales Ratio Analysis

CRNT Stock

USD 2.76 0.01 0.36%

Ceragon Networks financial indicator trend analysis is way more than just evaluating Ceragon Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceragon Networks is a good investment. Please check the relationship between Ceragon Networks Net Income and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceragon Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

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

Net Income vs Price To Sales Ratio

Net Income vs Price to Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceragon Networks Net Income account and Price to Sales Ratio. At this time, the significance of the direction appears to have no relationship.

The correlation between Ceragon Networks' Net Income and Price to Sales Ratio is 0.06. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Price to Sales Ratio in the same time period over historical financial statements of Ceragon Networks, assuming nothing else is changed. The correlation between historical values of Ceragon Networks' Net Income and Price to Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Ceragon Networks are associated (or correlated) with its Price to Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price to Sales Ratio has no effect on the direction of Net Income i.e., Ceragon Networks' Net Income and Price to Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ceragon Networks financial statement analysis. It represents the amount of money remaining after all of Ceragon Networks operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Ceragon Networks stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ceragon Networks sales, a figure that is much harder to manipulate than other Ceragon Networks multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Most indicators from Ceragon Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ceragon Networks current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceragon Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.At this time, Ceragon Networks' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.48 in 2024, whereas Selling General Administrative is likely to drop slightly above 19.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	88.4M	93.1M	119.9M	78.3M
Total Revenue	290.8M	295.2M	347.2M	246.0M

Gross Profit Total Revenue

Ceragon Networks fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Other Assets	Other Current Assets
Total Assets		0.65	0.77	0.91	0.81	0.56	0.16	-0.39	0.88	0.75	0.83	0.29	0.83	0.9	0.29	0.21	0.81	0.92	0.61	0.94	0.08	0.98	0.29	0.86	0.53	0.29
Short Long Term Debt Total	0.65		0.58	0.76	0.28	0.58	0.75	-0.37	0.55	0.49	0.57	0.15	0.52	0.57	0.16	0.03	0.6	0.63	0.34	0.76	0.37	0.63	0.18	0.65	0.09	0.15
Other Current Liab	0.77	0.58		0.81	0.41	0.2	0.29	-0.12	0.61	0.58	0.55	0.07	0.71	0.71	-0.02	-0.15	0.79	0.68	0.25	0.86	-0.11	0.79	-0.03	0.85	0.39	0.38
Total Current Liabilities	0.91	0.76	0.81		0.54	0.39	0.23	-0.39	0.91	0.84	0.61	0.04	0.86	0.92	0.26	0.11	0.71	0.78	0.51	0.97	0.0	0.94	0.25	0.82	0.34	0.12
Total Stockholder Equity	0.81	0.28	0.41	0.54		0.69	-0.1	-0.52	0.67	0.51	0.82	0.53	0.55	0.68	0.51	0.52	0.49	0.82	0.76	0.56	0.21	0.75	0.51	0.51	0.57	0.22
Property Plant And Equipment Net	0.56	0.58	0.2	0.39	0.69		0.48	-0.73	0.44	0.23	0.7	0.58	0.22	0.42	0.58	0.59	0.29	0.63	0.74	0.38	0.67	0.47	0.62	0.28	0.24	0.12
Net Debt	0.16	0.75	0.29	0.23	-0.1	0.48		-0.1	-0.06	-0.17	0.33	0.23	-0.07	-0.02	-0.1	-0.14	0.36	0.29	-0.03	0.29	0.49	0.1	-0.06	0.29	-0.08	0.39
Retained Earnings	-0.39	-0.37	-0.12	-0.39	-0.52	-0.73	-0.1		-0.52	-0.4	-0.29	-0.29	-0.25	-0.5	-0.91	-0.87	0.13	-0.4	-0.92	-0.25	-0.38	-0.4	-0.92	0.04	-0.06	0.3
Accounts Payable	0.88	0.55	0.61	0.91	0.67	0.44	-0.06	-0.52		0.87	0.58	0.12	0.82	0.97	0.43	0.32	0.56	0.72	0.66	0.86	-0.04	0.92	0.41	0.67	0.4	-0.09
Cash	0.75	0.49	0.58	0.84	0.51	0.23	-0.17	-0.4	0.87		0.39	-0.12	0.93	0.87	0.27	0.14	0.45	0.5	0.49	0.77	-0.04	0.82	0.25	0.64	0.21	-0.26
Non Current Assets Total	0.83	0.57	0.55	0.61	0.82	0.7	0.33	-0.29	0.58	0.39		0.65	0.46	0.62	0.29	0.27	0.76	0.86	0.55	0.7	0.22	0.72	0.3	0.73	0.67	0.42
Non Currrent Assets Other	0.29	0.15	0.07	0.04	0.53	0.58	0.23	-0.29	0.12	-0.12	0.65		-0.18	0.22	0.34	0.41	0.21	0.35	0.43	0.1	0.03	0.15	0.35	0.12	0.73	0.13
Cash And Short Term Investments	0.83	0.52	0.71	0.86	0.55	0.22	-0.07	-0.25	0.82	0.93	0.46	-0.18		0.82	0.08	-0.04	0.63	0.63	0.37	0.85	0.01	0.89	0.07	0.77	0.22	0.05
Net Receivables	0.9	0.57	0.71	0.92	0.68	0.42	-0.02	-0.5	0.97	0.87	0.62	0.22	0.82		0.39	0.29	0.6	0.72	0.65	0.88	-0.12	0.93	0.38	0.71	0.51	-0.07
Common Stock Total Equity	0.29	0.16	-0.02	0.26	0.51	0.58	-0.1	-0.91	0.43	0.27	0.29	0.34	0.08	0.39		0.97	-0.23	0.35	0.92	0.11	0.19	0.27	1.0	-0.16	0.16	-0.29
Common Stock Shares Outstanding	0.21	0.03	-0.15	0.11	0.52	0.59	-0.14	-0.87	0.32	0.14	0.27	0.41	-0.04	0.29	0.97		-0.28	0.3	0.89	-0.01	0.2	0.18	0.97	-0.25	0.18	-0.25
Non Current Liabilities Total	0.81	0.6	0.79	0.71	0.49	0.29	0.36	0.13	0.56	0.45	0.76	0.21	0.63	0.6	-0.23	-0.28		0.77	0.09	0.85	-0.02	0.77	-0.23	0.96	0.52	0.6
Inventory	0.92	0.63	0.68	0.78	0.82	0.63	0.29	-0.4	0.72	0.5	0.86	0.35	0.63	0.72	0.35	0.3	0.77		0.61	0.83	0.19	0.88	0.35	0.76	0.48	0.51
Other Stockholder Equity	0.61	0.34	0.25	0.51	0.76	0.74	-0.03	-0.92	0.66	0.49	0.55	0.43	0.37	0.65	0.92	0.89	0.09	0.61		0.41	0.22	0.58	0.92	0.17	0.34	-0.15
Total Liab	0.94	0.76	0.86	0.97	0.56	0.38	0.29	-0.25	0.86	0.77	0.7	0.1	0.85	0.88	0.11	-0.01	0.85	0.83	0.41		-0.01	0.95	0.11	0.92	0.42	0.29
Property Plant And Equipment Gross	0.08	0.37	-0.11	0.0	0.21	0.67	0.49	-0.38	-0.04	-0.04	0.22	0.03	0.01	-0.12	0.19	0.2	-0.02	0.19	0.22	-0.01		0.03	0.25	0.01	-0.47	0.06
Total Current Assets	0.98	0.63	0.79	0.94	0.75	0.47	0.1	-0.4	0.92	0.82	0.72	0.15	0.89	0.93	0.27	0.18	0.77	0.88	0.58	0.95	0.03		0.26	0.85	0.45	0.23
Common Stock	0.29	0.18	-0.03	0.25	0.51	0.62	-0.06	-0.92	0.41	0.25	0.3	0.35	0.07	0.38	1.0	0.97	-0.23	0.35	0.92	0.11	0.25	0.26		-0.16	0.14	-0.28
Other Liab	0.86	0.65	0.85	0.82	0.51	0.28	0.29	0.04	0.67	0.64	0.73	0.12	0.77	0.71	-0.16	-0.25	0.96	0.76	0.17	0.92	0.01	0.85	-0.16		0.45	0.44
Other Assets	0.53	0.09	0.39	0.34	0.57	0.24	-0.08	-0.06	0.4	0.21	0.67	0.73	0.22	0.51	0.16	0.18	0.52	0.48	0.34	0.42	-0.47	0.45	0.14	0.45		0.3
Other Current Assets	0.29	0.15	0.38	0.12	0.22	0.12	0.39	0.3	-0.09	-0.26	0.42	0.13	0.05	-0.07	-0.29	-0.25	0.6	0.51	-0.15	0.29	0.06	0.23	-0.28	0.44	0.3

Click cells to compare fundamentals

Ceragon Networks Account Relationship Matchups

Ceragon Networks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	289.9M	272.4M	292.6M	301.6M	298.5M	249.4M
Other Current Liab	28.2M	24.0M	23.7M	20.9M	20.6M	18.6M
Total Current Liabilities	104.2M	100.4M	115.7M	132.8M	133.0M	96.1M
Total Stockholder Equity	160.4M	146.1M	137.2M	132.1M	134.0M	130.6M
Property Plant And Equipment Net	34.9M	39.1M	49.6M	47.4M	49.5M	52.0M
Net Debt	(9.3M)	(14.1M)	19.3M	31.5M	22.0M	23.1M
Retained Earnings	(229.1M)	(246.9M)	(261.7M)	(269.1M)	(275.2M)	(261.4M)
Accounts Payable	59.6M	63.7M	69.4M	67.4M	67.0M	53.8M
Cash	23.9M	27.1M	17.1M	22.9M	28.2M	24.4M
Non Current Assets Total	74.3M	72.7M	78.6M	78.6M	80.6M	50.0M
Non Currrent Assets Other	23.4M	19.2M	22.7M	22.9M	6.9M	9.9M
Cash And Short Term Investments	23.9M	27.1M	17.1M	22.9M	28.2M	31.1M
Net Receivables	129.6M	122.0M	135.5M	128.1M	107.1M	97.8M
Common Stock Shares Outstanding	80.3M	81.1M	83.4M	84.1M	85.5M	53.3M
Liabilities And Stockholders Equity	289.9M	272.4M	292.6M	301.6M	298.5M	249.4M
Non Current Liabilities Total	25.3M	25.9M	39.7M	36.7M	31.6M	22.7M
Inventory	62.1M	50.6M	61.4M	72.0M	69.8M	50.2M
Other Stockholder Equity	398.0M	400.9M	408.2M	412.1M	417.1M	318.9M
Total Liab	129.5M	126.3M	155.4M	169.5M	164.5M	118.8M
Property Plant And Equipment Gross	34.9M	38.5M	49.6M	47.4M	181.1M	190.1M
Total Current Assets	215.6M	199.7M	214.0M	223.0M	217.9M	199.3M
Accumulated Other Comprehensive Income	(8.7M)	(8.1M)	(9.5M)	(11.2M)	(8.1M)	(7.7M)
Other Liab	20.4M	22.0M	22.5M	23.5M	27.0M	18.4M
Other Assets	21.3M	27.9M	22.7M	22.9M	1.0	0.95
Other Current Assets	11.0M	14.0M	16.6M	14.9M	12.9M	10.8M
Property Plant Equipment	45.0M	38.5M	49.6M	47.4M	54.5M	57.3M
Current Deferred Revenue	1.7M	3.5M	3.4M	3.3M	8.8M	6.8M
Short Term Debt	14.6M	9.2M	19.2M	41.2M	36.5M	19.3M
Intangible Assets	7.9M	6.1M	6.3M	8.2M	16.4M	17.2M
Net Tangible Assets	152.5M	140.0M	130.9M	111.6M	128.3M	137.1M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ceragon Networks in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ceragon Networks' short interest history, or implied volatility extrapolated from Ceragon Networks options trading.

Pair Trading with Ceragon Networks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ceragon Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ceragon Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ceragon Stock

0.85	CLS	Celestica Buyout Trend	Pair Corr
0.69	CTS	CTS Corporation Financial Report 25th of April 2024	Pair Corr

Moving against Ceragon Stock

0.74	MEI	Methode Electronics Financial Report 27th of June 2024	Pair Corr
0.69	GILT	Gilat Satellite Networks	Pair Corr
0.66	BELFB	Bel Fuse B Financial Report 24th of April 2024	Pair Corr
0.54	IONQ	IONQ Inc Sell-off Trend	Pair Corr
0.48	IMTE	Integrated Media Tec Report 26th of April 2024	Pair Corr

The ability to find closely correlated positions to Ceragon Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ceragon Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ceragon Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ceragon Networks to buy it.

The correlation of Ceragon Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ceragon Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ceragon Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ceragon Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Ceragon Networks is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ceragon Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ceragon Networks Stock. Highlighted below are key reports to facilitate an investment decision about Ceragon Networks Stock:

How To Invest In Ceragon

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Is Ceragon Stock a good investment?

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What is Ceragon Networks' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceragon Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

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

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Ceragon Networks' price analysis, check to measure Ceragon Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ceragon Networks is operating at the current time. Most of Ceragon Networks' value examination focuses on studying past and present price action to predict the probability of Ceragon Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ceragon Networks' price. Additionally, you may evaluate how the addition of Ceragon Networks to your portfolios can decrease your overall portfolio volatility.

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Is Ceragon Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ceragon Networks. If investors know Ceragon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ceragon Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.84)

Earnings Share

0.07

Revenue Per Share

4.103

Quarterly Revenue Growth

0.196

Return On Assets

0.049

The market value of Ceragon Networks is measured differently than its book value, which is the value of Ceragon that is recorded on the company's balance sheet. Investors also form their own opinion of Ceragon Networks' value that differs from its market value or its book value, called intrinsic value, which is Ceragon Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ceragon Networks' market value can be influenced by many factors that don't directly affect Ceragon Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Ceragon Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ceragon Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ceragon Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Ceragon Net Income vs Price to Sales Ratio Analysis

Net Income vs Price To Sales Ratio

Net Income vs Price to Sales Ratio Correlation Analysis

Correlation Coefficient

Net Income

Price To Sales Ratio

Ceragon Networks fundamental ratios Correlations

Ceragon Networks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ceragon Networks fundamental ratios Accounts

Pair Trading with Ceragon Networks

Moving together with Ceragon Stock

Moving against Ceragon Stock

Complementary Tools for Ceragon Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Net Receivables	+ 0.97	Accounts Payable
Common Stock Shares Outstanding	+ 0.97	Common Stock Total Equity
Common Stock	+ 0.97	Common Stock Shares Outstanding

Common Stock	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.92	Retained Earnings
Common Stock Total Equity	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.87	Retained Earnings
Retained Earnings	- 0.73	Property Plant And Equipment Net
Accounts Payable	- 0.52	Retained Earnings