Ceragon Networks Ltd. (CRNT) vs Lantronix, Inc. (LTRX)

Ceragon Networks Ltd. and Lantronix, Inc. are both Communication Equipment companies. Lantronix, Inc. is the larger, with a market value of $309.4M against $193.6M — 1.6× the size. Lantronix, Inc. grew revenue faster over the last twelve months: −1.65% against −8.88%. Ceragon Networks Ltd. has the higher net margin (−0.95% vs −3.46%) and the higher return on invested capital (3.53% vs −4.38%). Across the 19 metrics below, Ceragon Networks Ltd. leads on 12 and Lantronix, Inc. on 7.

Valuation

Metric CRNT LTRX Communication Equipment median
P/E n/m n/m 33.61
P/S 0.55 2.33 2.16
P/B 1.12 2.36 2.40
Price to free cash flow 16.10 30.42 25.02
EV/EBITDA 7.55 n/m 13.78
EV/Sales 0.49 1.93 2.27
Earnings yield (1.56%) (1.57%) (0.65%)
Free cash flow yield 6.21% 3.29% 1.61%

Profitability

Metric CRNT LTRX Communication Equipment median
Gross margin 33.69% 43.77% 39.47%
Operating margin 2.43% (3.41%) 2.39%
Net margin (0.95%) (3.46%) (0.74%)
Free cash flow margin 5.19% 7.66% 1.39%
Return on equity (1.91%) (4.32%) (1.91%)
Return on assets (1.02%) (2.94%) (0.20%)
Return on invested capital 3.53% (4.38%) 0.72%

Growth

Metric CRNT LTRX Communication Equipment median
Revenue growth (TTM) (8.88%) (1.65%) 11.48%
EPS growth (last fiscal year) (107.41%) 65.52% —
Revenue growth, 5-year CAGR 5.20% 11.08% 4.92%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CRNT LTRX Communication Equipment median
Debt to equity 0.07 0.00 0.06
Current ratio 1.85 3.66 2.01
Net debt to EBITDA (0.90) 68.48 0.67

Dividend

Metric CRNT LTRX Communication Equipment median
Dividend yield — — 2.63%
Payout ratio 0.00 0.00 0.00

Size

Metric CRNT LTRX Communication Equipment median
Market cap 193.60m 309.40m 563.45m

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