Communication Equipment
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Side-by-side financial analysisStock Comparison
CRNT vs GILT vs VSAT vs AVNW vs SATS
Revenue, margins, valuation, and 5-year total return — side by side.
Communication Equipment
Communication Equipment
Communication Equipment
Communication Equipment
CRNT vs GILT vs VSAT vs AVNW vs SATS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Communication Equipment | Communication Equipment | Communication Equipment | Communication Equipment | Communication Equipment |
| Market Cap | $243M | $842M | $8.76B | $259M | $31.46B |
| Revenue (TTM) | $335M | $470M | $4.64B | $434M | $14.80B |
| Net Income (TTM) | $-2M | $32M | $-34M | $9M | $-23.27B |
| Gross Margin | 34.4% | 30.3% | 30.2% | 32.4% | 39.1% |
| Operating Margin | 3.0% | 5.2% | 2.3% | 0.3% | -116.5% |
| Forward P/E | 20.1x | 22.2x | — | 12.8x | 314.9x |
| Total Debt | $50M | $11M | $6.94B | $91M | $31.01B |
| Cash & Equiv. | $38M | $169M | $1.75B | $60M | $1.88B |
CRNT vs GILT vs VSAT vs AVNW vs SATS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 20 | Jun 26 | Return |
|---|---|---|---|
| Ceragon Networks Lt… (CRNT) | 100 | 125.6 | +25.6% |
| Gilat Satellite Net… (GILT) | 100 | 207.1 | +107.1% |
| Viasat, Inc. (VSAT) | 100 | 167.1 | +67.1% |
| Aviat Networks, Inc. (AVNW) | 100 | 219.5 | +119.5% |
| EchoStar Corporation (SATS) | 100 | 390.5 | +290.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CRNT vs GILT vs VSAT vs AVNW vs SATS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CRNT is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 2.04, Low D/E 28.7%, current ratio 1.87x
- Beta 2.04, current ratio 1.87x
GILT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 2.25
- Rev growth 47.9%, EPS growth -22.7%, 3Y rev CAGR 23.5%
- 47.9% revenue growth vs CRNT's -14.1%
- 6.8% margin vs SATS's -157.2%
VSAT is the #2 pick in this set and the best alternative if momentum is your priority.
- +381.8% vs AVNW's -10.9%
AVNW ranks third and is worth considering specifically for value.
- Lower P/E (12.8x vs 314.9x)
SATS is the clearest fit if your priority is long-term compounding.
- 177.4% 10Y total return vs GILT's 214.6%
- Beta 1.65 vs VSAT's 3.29
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 47.9% revenue growth vs CRNT's -14.1% | |
| Value | Lower P/E (12.8x vs 314.9x) | |
| Quality / Margins | 6.8% margin vs SATS's -157.2% | |
| Stability / Safety | Beta 1.65 vs VSAT's 3.29 | |
| Dividends | Tie | None of these 5 stocks pay a meaningful dividend |
| Momentum (1Y) | +381.8% vs AVNW's -10.9% | |
| Efficiency (ROA) | 4.7% ROA vs SATS's -49.1%, ROIC 5.7% vs -32.9% |
CRNT vs GILT vs VSAT vs AVNW vs SATS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CRNT vs GILT vs VSAT vs AVNW vs SATS — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
GILT leads in 2 of 6 categories
AVNW leads 1 • SATS leads 1 • CRNT leads 0 • VSAT leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
GILT leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SATS is the larger business by revenue, generating $14.8B annually — 44.2x CRNT's $335M. GILT is the more profitable business, keeping 6.8% of every revenue dollar as net income compared to SATS's -157.2%. On growth, GILT holds the edge at +20.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $335M | $470M | $4.6B | $434M | $14.8B |
| EBITDAEarnings before interest/tax | $24M | $49M | $1.5B | $4M | -$16.0B |
| Net IncomeAfter-tax profit | -$2M | $32M | -$34M | $9M | -$23.3B |
| Free Cash FlowCash after capex | $23M | $3M | $1.3B | $12M | -$909M |
| Gross MarginGross profit ÷ Revenue | +34.4% | +30.3% | +30.2% | +32.4% | +39.1% |
| Operating MarginEBIT ÷ Revenue | +3.0% | +5.2% | +2.3% | +0.3% | -116.5% |
| Net MarginNet income ÷ Revenue | -0.7% | +6.8% | -0.7% | +2.1% | -157.2% |
| FCF MarginFCF ÷ Revenue | +6.8% | +0.7% | +27.8% | +2.7% | -6.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -4.1% | +20.0% | +2.1% | -11.2% | -5.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -48.0% | +161.6% | +121.7% | -159.3% | +28.2% |
Valuation Metrics
AVNW leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 38.8x trailing earnings, GILT trades at a 81% valuation discount to AVNW's 200.4x P/E. On an enterprise value basis, VSAT's 9.5x EV/EBITDA is more attractive than GILT's 15.6x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $243M | $842M | $8.8B | $259M | $31.5B |
| Enterprise ValueMkt cap + debt − cash | $254M | $684M | $14.0B | $291M | $60.6B |
| Trailing P/EPrice ÷ TTM EPS | -115.88x | 38.79x | -256.52x | 200.40x | -2.17x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.15x | 22.23x | — | 12.76x | 314.88x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 5.97x | — |
| EV / EBITDAEnterprise value multiple | 10.01x | 15.58x | 9.51x | — | — |
| Price / SalesMarket cap ÷ Revenue | 0.72x | 1.86x | 1.89x | 0.60x | 2.10x |
| Price / BookPrice ÷ Book value/share | 1.40x | 1.59x | 1.83x | 0.98x | 5.40x |
| Price / FCFMarket cap ÷ FCF | 13.52x | 91.62x | 14.67x | — | — |
Profitability & Efficiency
GILT leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
GILT delivers a 7.3% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-2 for SATS. GILT carries lower financial leverage with a 0.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to SATS's 5.33x. On the Piotroski fundamental quality scale (0–9), VSAT scores 6/9 vs SATS's 3/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -1.4% | +7.3% | -0.7% | +3.4% | -2.4% |
| ROA (TTM)Return on assets | -0.8% | +4.7% | -0.2% | +1.4% | -49.1% |
| ROICReturn on invested capital | +4.7% | +5.7% | +0.8% | -2.9% | -32.9% |
| ROCEReturn on capital employed | +5.7% | +4.7% | +0.8% | -3.2% | -41.3% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 3 | 6 | 3 | 3 |
| Debt / EquityFinancial leverage | 0.29x | 0.02x | 1.47x | 0.35x | 5.33x |
| Net DebtTotal debt minus cash | $11M | -$158M | $5.2B | $31M | $29.1B |
| Cash & Equiv.Liquid assets | $38M | $169M | $1.7B | $60M | $1.9B |
| Total DebtShort + long-term debt | $50M | $11M | $6.9B | $91M | $31.0B |
| Interest CoverageEBIT ÷ Interest expense | 0.65x | 8.81x | 0.79x | 3.34x | -9.93x |
Total Returns (Dividends Reinvested)
SATS leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in SATS five years ago would be worth $40,584 today (with dividends reinvested), compared to $5,478 for AVNW. Over the past 12 months, VSAT leads with a +381.8% total return vs AVNW's -10.9%. The 3-year compound annual growth rate (CAGR) favors SATS at 85.8% vs AVNW's -14.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +23.3% | -1.6% | +70.4% | -7.2% | -2.7% |
| 1-Year ReturnPast 12 months | +17.9% | +111.4% | +381.8% | -10.9% | +339.0% |
| 3-Year ReturnCumulative with dividends | +31.1% | +121.7% | +62.2% | -38.0% | +541.4% |
| 5-Year ReturnCumulative with dividends | -28.6% | +33.8% | +36.8% | -45.2% | +305.8% |
| 10-Year ReturnCumulative with dividends | +60.7% | +214.6% | -8.7% | +500.0% | +177.4% |
| CAGR (3Y)Annualised 3-year return | +9.4% | +30.4% | +17.5% | -14.7% | +85.8% |
Risk & Volatility
Evenly matched — CRNT and SATS each lead in 1 of 2 comparable metrics.
Risk & Volatility
SATS is the less volatile stock with a 1.65 beta — it tends to amplify market swings less than VSAT's 3.29 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CRNT currently trades 82.1% from its 52-week high vs GILT's 63.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.04x | 2.25x | 3.29x | 1.74x | 1.65x |
| 52-Week HighHighest price in past year | $3.29 | $20.93 | $89.78 | $27.02 | $147.25 |
| 52-Week LowLowest price in past year | $1.82 | $6.24 | $12.40 | $13.92 | $24.15 |
| % of 52W HighCurrent price vs 52-week peak | +82.1% | +63.0% | +71.4% | +74.2% | +74.1% |
| RSI (14)Momentum oscillator 0–100 | 46.5 | 38.7 | 45.5 | 56.2 | 41.5 |
| Avg Volume (50D)Average daily shares traded | 636K | 875K | 2.1M | 194K | 8.0M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: CRNT as "Buy", GILT as "Buy", VSAT as "Buy", AVNW as "Buy", SATS as "Buy". Consensus price targets imply 57.4% upside for CRNT (target: $4) vs 19.8% for VSAT (target: $77).
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $4.25 | $20.00 | $76.83 | $31.33 | $144.00 |
| # AnalystsCovering analysts | 6 | 2 | 20 | 12 | 11 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | 0 | 0 | — | 0 |
| Dividend / ShareAnnual DPS | — | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.2% | +0.2% | +0.2% |
GILT leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). AVNW leads in 1 (Valuation Metrics). 1 tied.
CRNT vs GILT vs VSAT vs AVNW vs SATS: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CRNT or GILT or VSAT or AVNW or SATS a better buy right now?
For growth investors, Gilat Satellite Networks Ltd.
(GILT) is the stronger pick with 47. 9% revenue growth year-over-year, versus -14. 1% for Ceragon Networks Ltd. (CRNT). Gilat Satellite Networks Ltd. (GILT) offers the better valuation at 38. 8x trailing P/E (22. 2x forward), making it the more compelling value choice. Analysts rate Ceragon Networks Ltd. (CRNT) a "Buy" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CRNT or GILT or VSAT or AVNW or SATS?
On trailing P/E, Gilat Satellite Networks Ltd.
(GILT) is the cheapest at 38. 8x versus Aviat Networks, Inc. at 200. 4x. On forward P/E, Aviat Networks, Inc. is actually cheaper at 12. 8x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — CRNT or GILT or VSAT or AVNW or SATS?
Over the past 5 years, EchoStar Corporation (SATS) delivered a total return of +305.
8%, compared to -45. 2% for Aviat Networks, Inc. (AVNW). Over 10 years, the gap is even starker: AVNW returned +500. 0% versus VSAT's -8. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CRNT or GILT or VSAT or AVNW or SATS?
By beta (market sensitivity over 5 years), EchoStar Corporation (SATS) is the lower-risk stock at 1.
65β versus Viasat, Inc. 's 3. 29β — meaning VSAT is approximately 99% more volatile than SATS relative to the S&P 500. On balance sheet safety, Gilat Satellite Networks Ltd. (GILT) carries a lower debt/equity ratio of 2% versus 5% for EchoStar Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — CRNT or GILT or VSAT or AVNW or SATS?
By revenue growth (latest reported year), Gilat Satellite Networks Ltd.
(GILT) is pulling ahead at 47. 9% versus -14. 1% for Ceragon Networks Ltd. (CRNT). On earnings-per-share growth, the picture is similar: Viasat, Inc. grew EPS 94. 4% year-over-year, compared to -113. 6% for EchoStar Corporation. Over a 3-year CAGR, GILT leads at 23. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CRNT or GILT or VSAT or AVNW or SATS?
Gilat Satellite Networks Ltd.
(GILT) is the more profitable company, earning 4. 6% net margin versus -155. 1% for EchoStar Corporation — meaning it keeps 4. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GILT leads at 4. 5% versus -118. 1% for SATS. At the gross margin level — before operating expenses — SATS leads at 37. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CRNT or GILT or VSAT or AVNW or SATS more undervalued right now?
On forward earnings alone, Aviat Networks, Inc.
(AVNW) trades at 12. 8x forward P/E versus 314. 9x for EchoStar Corporation — 302. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CRNT: 57. 4% to $4. 25.
08Which pays a better dividend — CRNT or GILT or VSAT or AVNW or SATS?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is CRNT or GILT or VSAT or AVNW or SATS better for a retirement portfolio?
For long-horizon retirement investors, Aviat Networks, Inc.
(AVNW) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+500. 0% 10Y return). Viasat, Inc. (VSAT) carries a higher beta of 3. 29 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (AVNW: +500. 0%, VSAT: -8. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CRNT and GILT and VSAT and AVNW and SATS?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CRNT is a small-cap quality compounder stock; GILT is a small-cap high-growth stock; VSAT is a small-cap quality compounder stock; AVNW is a small-cap quality compounder stock; SATS is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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