Ceragon Networks Ltd. (CRNT) exhibits 33.8% gross margins and 4.3% return on invested capital within Technology (Radio And Television Broadcasting And Communications Equipment), balanced against a 8.5x enterprise multiple and 4.8% implied options volatility.
Sustained 33.8% gross profitability converts into 2.1% operating margin and 4.3% ROIC, outpacing sector cost of capital.
ROIC: 4.3% // GM: 33.8%YoY revenue trajectory of -14.1% paired with 9.02% free cash flow yield supports self-funded R&D and capital return.
REV YOY: -14.1% // FCF YLD: 9.02%Altman Z-Score of 3.80 and Piotroski F-Score of 5/9 indicate low near-term refinancing stress.
ALTMAN Z: 3.80 // F-SCORE: 5/9Trading at 24.0x trailing P/E (— Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 24.0x // EV/EBITDA: 8.5xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $2.18 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Radio And Television Broadcasting And Communications Equipment require continuous execution to defend -0.6% net margins.
NET MARGIN: -0.6% // D/E: 0.45x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for CRNT & activate live FRED threshold breach alerts.