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Sign in / Join NowSummaryAfter a prolonged industry downturn due to cut price competition, Ceragon is emerging as a profitable, lean, and technologically superior company.Ceragon cost cutting and strategic initiatives are beginning to pay off, leading to increased ROIC and margins.Ceragon growth in India and LatAm should drive moderate top line growth as its FibeAir IP 20 platform solves specific problems faced by telco operators.Ceragon products have higher spectrum efficiency and transmission speeds relative to peers. Hence, they are best positioned to benefit from the 5G CapEx cycle beginning in 2019.Despite Ceragon high ROIC, profitability, and moderate cheap iphone Cases revenue growth outlook, it only trades at 3.3X EV/EBITDA and 8X P/E. Conservatively, fair value is at $3.22/share, implying an 85% upside.Introduction and Background Ceragon Networks (NASDAQ:CRNT) is a designer and manufacturer of wireless backhaul equipment.

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