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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ceragon Networks's annualized net income for the quarter that ended in Mar. 2026 was €-4.6 Mil. Ceragon Networks's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €118.3 Mil. Therefore, Ceragon Networks's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.93%.
The historical rank and industry rank for Ceragon Networks's Return-on-Tangible-Equity or its related term are showing as below:
STU:GGN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.24 Med: 2.07 Max: 19.12
Current: -1.79
During the past 13 years, Ceragon Networks's highest Return-on-Tangible-Equity was 19.12%. The lowest was -16.24%. And the median was 2.07%.
STU:GGN's Return-on-Tangible-Equity is ranked worse than 71.95% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs STU:GGN: -1.79
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Ceragon Networks Return-on-Tangible-Equity Related Terms
Ceragon Networks Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ceragon Networks's Return-on-Tangible-Equity 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: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Ceragon Networks's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Ceragon Networks's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ceragon Networks's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -3.93% mean?
Ceragon Networks (STU:GGN) has a Return-on-Tangible-Equity of -3.93% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ceragon Networks and its competitors. According to the industry distribution chart, Ceragon Networks ranks #1716 out of 2385 companies in the Hardware industry, placing it in the top 71.9%.
Is Ceragon Networks' Return-on-Tangible-Equity too high?
Ceragon Networks' current Return-on-Tangible-Equity is -3.93%. Based on the distribution chart, Ceragon Networks ranks #1716 out of 2385 companies in the Hardware industry, which is below 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' Return-on-Tangible-Equity compare to SILC and LTRX?
According to the Hardware industry distribution chart, Ceragon Networks ranks #1716 out of 2385 companies for Return-on-Tangible-Equity. This places Ceragon Networks in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ceragon Networks and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceragon Networks's current Return-on-Tangible-Equity is -3.93%. 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 €1.87 — trading 1.6% below its estimated fair value. The current Return-on-Tangible-Equity is -3.93%. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ceragon Networks (STU:GGN), the current Return-on-Tangible-Equity is -3.93% 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 undervalued.
The current stock price of €1.87 is trading 1.6% below its estimated GF Value™ of €1.90.
GuruFocus considers Ceragon Networks to be Fairly Valued.
Key valuation signals for STU:GGN:
Return-on-Tangible-Equity: -3.93%
GF Value™: €1.90 vs. price of €1.87 (1.6% below fair value)
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
Get the complete analysis for STU:GGN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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