Ceragon Networks vs Telesat
Ceragon Networks and Telesat are similar in size: $339m and $299m of revenue in their latest fiscal years. Ceragon Networks grew faster (-14.1% against -28.2%). Ceragon Networks kept more of each dollar of sales as profit: a net margin of -0.6% against -37.2%. Ceragon Networks carries less debt relative to equity (11.0% against 658.2%).
| Latest fiscal year | Ceragon NetworksCRNT, 2025 | TelesatTSAT, 2025 |
|---|---|---|
| Revenue | $339m | $299m |
| Revenue growth | -14.1% | -28.2% |
| Net income | −$2.1m | −$111m |
| Operating margin | 2.1% | -72.7% |
| Net margin | -0.6% | -37.2% |
| Return on equity | -1.2% | -25.3% |
| Free cash flow | $17.9m | −$52.9m |
| Cash | $38.4m | $372m |
| Total debt | $19.0m | $2.55bn |
| Debt to equity | 11.0% | 658.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $184m | $597m |
| Price vs our value range | Below our value range | — |
| Moat score | 27 (Weak) | — |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 0 sales |