Ceragon Networks (FRA:GGN) EV-to-EBITDA: 10.06 (As of Aug. 19, 2026) — 13% Above Median

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FRA:GGN Ceragon Networks Ltd FRA:GGN
78 GF Score
Price €1.86
GF Value €1.92
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Ceragon Networks EV-to-EBITDA?

Ceragon Networks FRA:GGN -2.93% 78 EV-to-EBITDA is 10.06 as of Aug. 19, 2026, which is 13% above its 10-year median of 8.89. GuruFocus rates FRA:GGN with a GF Score™ of 78/100 and a GF Value™ of €1.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,890 Hardware companies, Ceragon Networks ranks better than 63.33% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ceragon Networks's enterprise value is €161.5 Mil. Ceragon Networks's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €16.1 Mil. Therefore, Ceragon Networks's EV-to-EBITDA for today is 10.06.

The historical rank and industry rank for Ceragon Networks's EV-to-EBITDA or its related term are showing as below:

FRA:GGN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1055.62   Med: 8.89   Max: 135.91
Current: 10.02

During the past 13 years, the highest EV-to-EBITDA of Ceragon Networks was 135.91. The lowest was -1055.62. And the median was 8.89.

FRA:GGN's EV-to-EBITDA is ranked better than
63.33% of 1890 companies
in the Hardware industry
Industry Median: 14.59 vs FRA:GGN: 10.02

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-19), Ceragon Networks's stock price is €1.855. Ceragon Networks's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.035. Therefore, Ceragon Networks's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ceragon Networks  (FRA:GGN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ceragon Networks's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.855/-0.035
=At Loss

Ceragon Networks's share price for today is €1.855.
Ceragon Networks's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.035.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Ceragon Networks EV-to-EBITDA Related Terms


Ceragon Networks EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ceragon Networks's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ceragon Networks EV-to-EBITDA Chart

Ceragon Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.03 -162.26 6.83 9.23 9.15

Ceragon Networks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.63 8.70 9.15 9.69 12.29

FRA:GGN vs SILC, LTRX, AMPG: EV-to-EBITDA Comparison

For the Communication Equipment subindustry, Ceragon Networks's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ceragon Networks EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Ceragon Networks's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ceragon Networks's EV-to-EBITDA falls into.


FRA:GGN
78GF Score
Ceragon Networks Ltd FRA:GGN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceragon Networks EV-to-EBITDA Calculation

Ceragon Networks's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=161.511/16.06
=10.06

Ceragon Networks's current Enterprise Value is €161.5 Mil.
Ceragon Networks's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €16.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 10.06 mean?
Ceragon Networks (FRA:GGN) has a EV-to-EBITDA of 10.06 as of Aug. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ceragon Networks. This is 13% above median its historical median of 8.89. According to the industry distribution chart, Ceragon Networks ranks #693 out of 1890 companies in the Hardware industry, placing it in the top 36.7%.
Is Ceragon Networks' EV-to-EBITDA too high?
Ceragon Networks' current EV-to-EBITDA of 10.06 is 13% above median its 10-year median of 8.89. The Hardware industry median EV-to-EBITDA is 14.59. Ceragon Networks' value of 10.06 is 31% below this industry median. Based on the distribution chart, Ceragon Networks ranks #693 out of 1890 companies in the Hardware industry, which is above the industry midpoint. Overall, Ceragon Networks has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ceragon Networks' EV-to-EBITDA compare to SILC and LTRX?
According to the Hardware industry distribution chart, Ceragon Networks ranks #693 out of 1890 companies for EV-to-EBITDA. This puts Ceragon Networks in the upper half of its industry. The industry median EV-to-EBITDA is 14.59. Ceragon Networks' value of 10.06 is 31% below this benchmark. While the company's 10-year median is 8.89 vs. the industry median of 14.59, Ceragon Networks has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.59, based on 1,890 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ceragon Networks's current EV-to-EBITDA of 10.06 is 31% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ceragon Networks. For the Hardware industry, the median EV-to-EBITDA is 14.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceragon Networks's current EV-to-EBITDA is 10.06, which is 13% above median its own 10-year median of 8.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceragon Networks stock overvalued right now?
Based on GuruFocus' analysis, Ceragon Networks (FRA:GGN) is currently considered Fairly Valued. The stock's GF Value™ is €1.92, compared to a current price of €1.86 — trading 3.4% below its estimated fair value. The current EV-to-EBITDA is 10.06, which is 13% above median its 10-year median of 8.89 and 31% below the Hardware industry median of 14.59. Ceragon Networks' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ceragon Networks (FRA:GGN), the current EV-to-EBITDA is 10.06 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ceragon Networks (FRA:GGN) Overvalued in 2026?

Based on GuruFocus' analysis, Ceragon Networks stock appears to be undervalued. The current stock price of €1.86 is trading 3.4% below its estimated GF Value™ of €1.92. GuruFocus considers Ceragon Networks to be Fairly Valued.

Key valuation signals for FRA:GGN:

  • EV-to-EBITDA: 10.06 (13% above median its 10-year median of 8.89)
  • GF Value™: €1.92 vs. price of €1.86 (3.4% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 31% below the Hardware median (#693 of 1890)

No single metric tells the full story. See the FRA:GGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ceragon Networks Business Description

Other Exchanges CRNT:USAGGN:Germany
Address 3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, ISR, 4810002
Ceragon Networks Ltd is a wireless transport specialist, providing wireless connectivity solutions to markets globally across various industries, including wireless (mobile) network service providers and private networks, enabling them to build new networks and evolve networks towards 4G and 5G services. Its portfolio mainly comprises the IP-20 and IP-50 product series, including integrated multi-technology radio units operating across frequencies from 4 GHz to 86 GHz, as well as single-radio devices used for wireless data transport. Additionally, the company offers turnkey services including: network and radio planning, site survey, installation, network auditing and optimization, and more. Geographically, it derives maximum revenue from India, followed by North America and other regions.
78GF Score

Get the complete analysis for FRA:GGN

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.86
Price
€1.92
GF Value