Ceragon Networks (STU:GGN) ROE %: -3.14% (As of Mar. 2026)

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STU:GGN Ceragon Networks Ltd STU:GGN
65 GF Score
Price €1.98
GF Value €1.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Ceragon Networks ROE %?

Ceragon Networks STU:GGN -1.88% 65 ROE % is -3.14% as of Mar. 2026. 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 2,431 Hardware companies, Ceragon Networks ranks worse than 70.3% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ceragon Networks's annualized net income for the quarter that ended in Mar. 2026 was €-4.6 Mil. Ceragon Networks's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €147.9 Mil. Therefore, Ceragon Networks's annualized ROE % for the quarter that ended in Mar. 2026 was -3.14%.

The historical rank and industry rank for Ceragon Networks's ROE % or its related term are showing as below:

STU:GGN' s ROE % Range Over the Past 10 Years
Min: -15.33   Med: 1.84   Max: 16.02
Current: -1.43

During the past 13 years, Ceragon Networks's highest ROE % was 16.02%. The lowest was -15.33%. And the median was 1.84%.

STU:GGN's ROE % is ranked worse than
70.3% of 2431 companies
in the Hardware industry
Industry Median: 4.66 vs STU:GGN: -1.43

Ceragon Networks  (STU:GGN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4.648/147.937
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.648 / 294.112)*(294.112 / 268.3075)*(268.3075 / 147.937)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.58 %*1.0962*1.8137
=ROA %*Equity Multiplier
=-1.73 %*1.8137
=-3.14 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4.648/147.937
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.648 / -2.668) * (-2.668 / 9.084) * (9.084 / 294.112) * (294.112 / 268.3075) * (268.3075 / 147.937)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.7421 * -0.2937 * 3.09 % * 1.0962 * 1.8137
=-3.14 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Ceragon Networks ROE % Related Terms


Ceragon Networks ROE % Historical Data

* Premium members only.

The historical data trend for Ceragon Networks's ROE % 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 ROE % Chart

Ceragon Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.87 -15.85 4.83 16.31 -1.17

Ceragon Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -2.31 -2.90 0.06 0.30 -3.14

STU:GGN vs SILC, LTRX, AMPG: ROE % Comparison

For the Communication Equipment subindustry, Ceragon Networks's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Ceragon Networks's ROE % distribution charts can be found below:

* The bar in red indicates where Ceragon Networks's ROE % falls into.


STU:GGN
65GF Score
Ceragon Networks Ltd STU:GGN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceragon Networks ROE % Calculation

Ceragon Networks's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-1.785/( (158.84+147.53)/ 2 )
=-1.785/153.185
=-1.17 %

Ceragon Networks's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-4.648/( (147.53+148.344)/ 2 )
=-4.648/147.937
=-3.14 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -3.14% mean?
Ceragon Networks (STU:GGN) has a ROE % of -3.14% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ceragon Networks and its competitors. According to the industry distribution chart, Ceragon Networks ranks #1709 out of 2431 companies in the Hardware industry, placing it in the top 70.3%.
Is Ceragon Networks' ROE % too high?
Ceragon Networks' current ROE % is -3.14%. Based on the distribution chart, Ceragon Networks ranks #1709 out of 2431 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' ROE % compare to SILC and LTRX?
According to the Hardware industry distribution chart, Ceragon Networks ranks #1709 out of 2431 companies for ROE %. This places Ceragon Networks in the lower half of its industry. The industry median ROE % is 4.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,431 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ceragon Networks and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceragon Networks's current ROE % is -3.14%. 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 ROE % is -3.14%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Ceragon Networks (STU:GGN), the current ROE % is -3.14% 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:

  • ROE %: -3.14%
  • GF Value™: €1.90 vs. price of €1.98 (4.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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 Business Description

Other Exchanges CRNT:USA
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.
65GF Score

Get the complete analysis for STU:GGN

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

€1.98
Price
€1.90
GF Value