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Ceragon NetworksSTU:GGN -1.88%65 Gross Margin % is 35.38% as of Mar. 2026, which is 5% above its 10-year median of 33.78. GuruFocus rates STU:GGN with a GF Score™ of 65/100 and a GF Value™ of €1.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,457 Hardware companies, Ceragon Networks ranks better than 68.66% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Ceragon Networks had a gross margin of 35.38% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Ceragon Networks Gross Margin % Related Terms
Ceragon Networks Gross Margin % Historical Data
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The historical data trend for Ceragon Networks's Gross Margin % 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.
STU:GGN vs SILC, LTRX, AMPG: Gross Margin % Comparison
For the Communication Equipment subindustry, Ceragon Networks's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Ceragon Networks's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ceragon Networks's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Ceragon Networks (STU:GGN) has a Gross Margin % of 35.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ceragon Networks and its competitors. This is near median its historical median of 33.78. Over the past decade, Ceragon Networks' Gross Margin % has ranged from 28.78 to 34.72. According to the industry distribution chart, Ceragon Networks ranks #770 out of 2457 companies in the Hardware industry, placing it in the top 31.3%.
Is Ceragon Networks' Gross Margin % too high?
Ceragon Networks' current Gross Margin % of 35.38% is near median its 10-year median of 33.78. Over the past 10 years, this metric has ranged from a low of 28.78 to a high of 34.72. The Hardware industry median Gross Margin % is 24.54. Ceragon Networks' value of 35.38% is 44.2% above this industry median. Based on the distribution chart, Ceragon Networks ranks #770 out of 2457 companies in the Hardware industry, which is above the industry midpoint. Overall, Ceragon Networks has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ceragon Networks' Gross Margin % compare to SILC and LTRX?
According to the Hardware industry distribution chart, Ceragon Networks ranks #770 out of 2457 companies for Gross Margin %. This puts Ceragon Networks in the upper half of its industry. The industry median Gross Margin % is 24.54. Ceragon Networks' value of 35.38% is 44.2% above this benchmark. Historically, Ceragon Networks' own Gross Margin % has ranged from 28.78 to 34.72 over the past decade. While the company's 10-year median is 33.78 vs. the industry median of 24.54, Ceragon Networks has consistently been above 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 Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.54, based on 2,457 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ceragon Networks's current Gross Margin % of 35.38% is 44.2% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ceragon Networks and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceragon Networks's current Gross Margin % is 35.38%, which is near median its own 10-year median of 33.78. 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 (STU:GGN) is currently considered Fairly Valued. The stock's GF Value™ is €1.90, compared to a current price of €1.98 — trading 4.3% above its estimated fair value. The current Gross Margin % is 35.38%, which is near median its 10-year median of 33.78 and 44.2% above the Hardware industry median of 24.54. Ceragon Networks' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ceragon Networks (STU:GGN), the current Gross Margin % is 35.38% as of Mar. 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 (STU:GGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ceragon Networks stock appears to be overvalued.
The current stock price of €1.98 is trading 4.3% above its estimated GF Value™ of €1.90.
GuruFocus considers Ceragon Networks to be Fairly Valued.
Key valuation signals for STU:GGN:
Gross Margin %: 35.38% (near median its 10-year median of 33.78)
GF Value™: €1.90 vs. price of €1.98 (4.3% above fair value)
Industry Position: 44.2% above the Hardware median (#770 of 2457)
No single metric tells the full story. See the STU:GGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
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