Communication Equipment
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Side-by-side financial analysisStock Comparison
CRNT vs CIEN vs ADTN vs CALX vs VIAV vs JPM
Revenue, margins, valuation, and 5-year total return — side by side.
Communication Equipment
Communication Equipment
Software - Application
Communication Equipment
Banks - Diversified
CRNT vs CIEN vs ADTN vs CALX vs VIAV vs JPM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||||
|---|---|---|---|---|---|---|
| Industry | Communication Equipment | Communication Equipment | Communication Equipment | Software - Application | Communication Equipment | Banks - Diversified |
| Market Cap | $243M | $60.62B | $1.22B | $2.45B | $10.91B | $908.57B |
| Revenue (TTM) | $335M | $5.57B | $1.12B | $1.06B | $1.37B | $280.33B |
| Net Income (TTM) | $-2M | $438M | $-30M | $34M | $-55M | $57.05B |
| Gross Margin | 34.4% | 43.0% | 38.6% | 57.1% | 55.7% | 60.0% |
| Operating Margin | 3.0% | 11.2% | -0.5% | 3.8% | 8.2% | 25.9% |
| Forward P/E | 20.1x | 65.6x | 28.8x | 21.4x | 50.3x | 14.6x |
| Total Debt | $50M | $1.58B | $245M | $26M | $692M | $942.38B |
| Cash & Equiv. | $38M | $1.09B | $96M | $143M | $424M | $343.34B |
CRNT vs CIEN vs ADTN vs CALX vs VIAV vs JPM — 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% |
| Ciena Corporation (CIEN) | 100 | 790.7 | +690.7% |
| ADTRAN Holdings, In… (ADTN) | 100 | 138.9 | +38.9% |
| Calix, Inc. (CALX) | 100 | 254.7 | +154.7% |
| Viavi Solutions Inc. (VIAV) | 100 | 370.3 | +270.3% |
| JPMorgan Chase & Co. (JPM) | 100 | 345.8 | +245.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CRNT vs CIEN vs ADTN vs CALX vs VIAV vs JPM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CRNT lags the leaders in this set but could rank higher in a more targeted comparison.
CIEN is the #2 pick in this set and the best alternative if long-term compounding is your priority.
- 19.7% 10Y total return vs VIAV's 5.6%
- +480.1% vs CALX's -19.5%
- 7.4% ROA vs ADTN's -2.5%, ROIC 6.9% vs -1.7%
Among these 6 stocks, ADTN doesn't own a clear edge in any measured category.
CALX ranks third and is worth considering specifically for growth exposure and sleep-well-at-night.
- Rev growth 20.3%, EPS growth 157.8%, 3Y rev CAGR 4.8%
- Lower volatility, beta 0.93, Low D/E 3.0%, current ratio 4.24x
- Beta 0.93, current ratio 4.24x
- 20.3% revenue growth vs CRNT's -14.1%
VIAV doesn't hold a clear category lead here; it's more of a secondary option in this specific comparison.
JPM carries the broadest edge in this set and is the clearest fit for income & stability and valuation efficiency.
- Dividend streak 15 yrs, beta 0.87, yield 1.8%
- PEG 0.83 vs VIAV's 11.02
- Lower P/E (14.6x vs 50.3x), PEG 0.83 vs 11.02
- 20.4% margin vs VIAV's -4.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 20.3% revenue growth vs CRNT's -14.1% | |
| Value | Lower P/E (14.6x vs 50.3x), PEG 0.83 vs 11.02 | |
| Quality / Margins | 20.4% margin vs VIAV's -4.0% | |
| Stability / Safety | Beta 0.87 vs CIEN's 2.60 | |
| Dividends | 1.8% yield; 15-year raise streak; the other 5 pay no meaningful dividend | |
| Momentum (1Y) | +480.1% vs CALX's -19.5% | |
| Efficiency (ROA) | 7.4% ROA vs ADTN's -2.5%, ROIC 6.9% vs -1.7% |
CRNT vs CIEN vs ADTN vs CALX vs VIAV vs JPM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CRNT vs CIEN vs ADTN vs CALX vs VIAV vs JPM — Financial Metrics
Side-by-side numbers across 6 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
JPM leads in 3 of 6 categories
CIEN leads 2 • CRNT leads 1 • ADTN leads 0 • CALX leads 0 • VIAV leads 0
Explore the data ↓Income & Cash Flow (Last 12 Months)
JPM leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
JPM is the larger business by revenue, generating $280.3B annually — 836.6x CRNT's $335M. JPM is the more profitable business, keeping 20.4% of every revenue dollar as net income compared to VIAV's -4.0%. On growth, VIAV holds the edge at +42.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||||
|---|---|---|---|---|---|---|
| RevenueTrailing 12 months | $335M | $5.6B | $1.1B | $1.1B | $1.4B | $280.3B |
| EBITDAEarnings before interest/tax | $24M | $733M | $43M | $57M | $207M | $81.4B |
| Net IncomeAfter-tax profit | -$2M | $438M | -$30M | $34M | -$55M | $57.0B |
| Free Cash FlowCash after capex | $23M | $833M | $58M | $109M | $46M | $100.9B |
| Gross MarginGross profit ÷ Revenue | +34.4% | +43.0% | +38.6% | +57.1% | +55.7% | +60.0% |
| Operating MarginEBIT ÷ Revenue | +3.0% | +11.2% | -0.5% | +3.8% | +8.2% | +25.9% |
| Net MarginNet income ÷ Revenue | -0.7% | +7.9% | -2.6% | +3.2% | -4.0% | +20.4% |
| FCF MarginFCF ÷ Revenue | +6.8% | +15.0% | +5.2% | +10.3% | +3.3% | +36.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | -4.1% | +39.5% | +15.5% | +27.1% | +42.8% | — |
| EPS Growth (YoY)Latest quarter vs prior year | -48.0% | +23.1% | +92.9% | +3.3% | -70.2% | +16.0% |
Valuation Metrics
CRNT leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 16.2x trailing earnings, JPM trades at a 97% valuation discount to CIEN's 503.8x P/E. Adjusting for growth (PEG ratio), JPM offers better value at 0.92x vs VIAV's 68.90x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||||
|---|---|---|---|---|---|---|
| Market CapShares × price | $243M | $60.6B | $1.2B | $2.5B | $10.9B | $908.6B |
| Enterprise ValueMkt cap + debt − cash | $254M | $61.1B | $1.4B | $2.3B | $11.2B | $1.51T |
| Trailing P/EPrice ÷ TTM EPS | -115.88x | 503.79x | -26.63x | 145.96x | 314.47x | 16.22x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.15x | 65.60x | 28.84x | 21.35x | 50.30x | 14.60x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | 68.90x | 0.92x |
| EV / EBITDAEnterprise value multiple | 10.01x | 135.45x | 17.86x | 60.32x | 83.71x | 18.52x |
| Price / SalesMarket cap ÷ Revenue | 0.72x | 12.71x | 1.13x | 2.45x | 10.07x | 3.25x |
| Price / BookPrice ÷ Book value/share | 1.40x | 22.79x | 2.33x | 3.11x | 13.65x | 2.51x |
| Price / FCFMarket cap ÷ FCF | 13.52x | 91.11x | 12.50x | 21.23x | 176.04x | 9.01x |
Profitability & Efficiency
CIEN leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
JPM delivers a 15.9% return on equity — every $100 of shareholder capital generates $16 in annual profit, vs $-7 for VIAV. CALX carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to JPM's 2.60x. On the Piotroski fundamental quality scale (0–9), CIEN scores 7/9 vs CRNT's 3/9, reflecting strong financial health.
| Metric | ||||||
|---|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -1.4% | +15.7% | -5.5% | +4.2% | -6.9% | +15.9% |
| ROA (TTM)Return on assets | -0.8% | +7.4% | -2.5% | +3.5% | -2.3% | +1.3% |
| ROICReturn on invested capital | +4.7% | +6.9% | -1.7% | +2.1% | +5.5% | +4.5% |
| ROCEReturn on capital employed | +5.7% | +6.8% | -1.8% | +2.5% | +4.9% | +8.9% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 7 | 5 | 6 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.29x | 0.58x | 0.47x | 0.03x | 0.89x | 2.60x |
| Net DebtTotal debt minus cash | $11M | $490M | $149M | -$118M | $269M | $599.0B |
| Cash & Equiv.Liquid assets | $38M | $1.1B | $96M | $143M | $424M | $343.3B |
| Total DebtShort + long-term debt | $50M | $1.6B | $245M | $26M | $692M | $942.4B |
| Interest CoverageEBIT ÷ Interest expense | 0.65x | 6.29x | 0.14x | — | 2.70x | 0.74x |
Total Returns (Dividends Reinvested)
CIEN leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CIEN five years ago would be worth $76,264 today (with dividends reinvested), compared to $7,143 for CRNT. Over the past 12 months, CIEN leads with a +480.1% total return vs CALX's -19.5%. The 3-year compound annual growth rate (CAGR) favors CIEN at 115.1% vs CALX's -9.0% — a key indicator of consistent wealth creation.
| Metric | ||||||
|---|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +23.3% | +74.0% | +74.9% | -29.2% | +159.9% | +0.8% |
| 1-Year ReturnPast 12 months | +17.9% | +480.1% | +91.2% | -19.5% | +405.0% | +20.9% |
| 3-Year ReturnCumulative with dividends | +31.1% | +894.7% | +45.0% | -24.7% | +346.7% | +138.8% |
| 5-Year ReturnCumulative with dividends | -28.6% | +662.6% | -20.2% | -10.9% | +175.5% | +135.5% |
| 10-Year ReturnCumulative with dividends | +60.7% | +1974.7% | -5.1% | +438.3% | +564.4% | +481.2% |
| CAGR (3Y)Annualised 3-year return | +9.4% | +115.1% | +13.2% | -9.0% | +64.7% | +33.7% |
Risk & Volatility
JPM leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
JPM is the less volatile stock with a 0.87 beta — it tends to amplify market swings less than CIEN's 2.60 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. JPM currently trades 96.2% from its 52-week high vs CALX's 53.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||||
|---|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.03x | 2.61x | 1.85x | 0.94x | 1.93x | 0.87x |
| 52-Week HighHighest price in past year | $3.29 | $637.03 | $19.98 | $71.22 | $60.43 | $338.09 |
| 52-Week LowLowest price in past year | $1.82 | $73.23 | $7.11 | $35.87 | $9.18 | $269.72 |
| % of 52W HighCurrent price vs 52-week peak | +82.1% | +67.2% | +76.0% | +53.3% | +78.1% | +96.2% |
| RSI (14)Momentum oscillator 0–100 | 46.5 | 37.5 | 46.5 | 34.9 | 48.2 | 72.1 |
| Avg Volume (50D)Average daily shares traded | 636K | 2.6M | 2.6M | 913K | 6.9M | 7.4M |
Analyst Outlook
JPM leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: CRNT as "Buy", CIEN as "Buy", ADTN as "Buy", CALX as "Buy", VIAV as "Buy", JPM as "Buy". Consensus price targets imply 60.7% upside for CALX (target: $61) vs -31.6% for VIAV (target: $32). JPM is the only dividend payer here at 1.83% yield — a key consideration for income-focused portfolios.
| Metric | ||||||
|---|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $4.25 | $493.42 | $18.00 | $61.00 | $32.25 | $339.75 |
| # AnalystsCovering analysts | 6 | 42 | 25 | 21 | 19 | 61 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — | +1.8% |
| Dividend StreakConsecutive years of raises | — | 0 | 0 | 1 | 1 | 15 |
| Dividend / ShareAnnual DPS | — | — | — | — | — | $5.95 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.6% | 0.0% | +3.8% | +0.2% | +3.8% |
JPM leads in 3 of 6 categories (Income & Cash Flow, Risk & Volatility). CIEN leads in 2 (Profitability & Efficiency, Total Returns).
CRNT vs CIEN vs ADTN vs CALX vs VIAV vs JPM: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CRNT or CIEN or ADTN or CALX or VIAV or JPM a better buy right now?
For growth investors, Calix, Inc.
(CALX) is the stronger pick with 20. 3% revenue growth year-over-year, versus -14. 1% for Ceragon Networks Ltd. (CRNT). JPMorgan Chase & Co. (JPM) offers the better valuation at 16. 2x trailing P/E (14. 6x 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 CIEN or ADTN or CALX or VIAV or JPM?
On trailing P/E, JPMorgan Chase & Co.
(JPM) is the cheapest at 16. 2x versus Ciena Corporation at 503. 8x. On forward P/E, JPMorgan Chase & Co. is actually cheaper at 14. 6x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: JPMorgan Chase & Co. wins at 0. 83x versus Viavi Solutions Inc. 's 11. 02x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — CRNT or CIEN or ADTN or CALX or VIAV or JPM?
Over the past 5 years, Ciena Corporation (CIEN) delivered a total return of +662.
6%, compared to -28. 6% for Ceragon Networks Ltd. (CRNT). Over 10 years, the gap is even starker: CIEN returned +1975% versus ADTN's -5. 1%. 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 CIEN or ADTN or CALX or VIAV or JPM?
By beta (market sensitivity over 5 years), JPMorgan Chase & Co.
(JPM) is the lower-risk stock at 0. 87β versus Ciena Corporation's 2. 61β — meaning CIEN is approximately 199% more volatile than JPM relative to the S&P 500. On balance sheet safety, Calix, Inc. (CALX) carries a lower debt/equity ratio of 3% versus 3% for JPMorgan Chase & Co. — giving it more financial flexibility in a downturn.
05Which is growing faster — CRNT or CIEN or ADTN or CALX or VIAV or JPM?
By revenue growth (latest reported year), Calix, Inc.
(CALX) is pulling ahead at 20. 3% versus -14. 1% for Ceragon Networks Ltd. (CRNT). On earnings-per-share growth, the picture is similar: Viavi Solutions Inc. grew EPS 225. 0% year-over-year, compared to -108. 6% for Ceragon Networks Ltd.. Over a 3-year CAGR, CIEN leads at 9. 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 CIEN or ADTN or CALX or VIAV or JPM?
JPMorgan Chase & Co.
(JPM) is the more profitable company, earning 20. 4% net margin versus -4. 2% for ADTRAN Holdings, Inc. — meaning it keeps 20. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: JPM leads at 26. 0% versus -1. 4% for ADTN. At the gross margin level — before operating expenses — JPM leads at 59. 9%, 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 CIEN or ADTN or CALX or VIAV or JPM more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, JPMorgan Chase & Co. (JPM) is the more undervalued stock at a PEG of 0. 83x versus Viavi Solutions Inc. 's 11. 02x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, JPMorgan Chase & Co. (JPM) trades at 14. 6x forward P/E versus 65. 6x for Ciena Corporation — 51. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CALX: 60. 7% to $61. 00.
08Which pays a better dividend — CRNT or CIEN or ADTN or CALX or VIAV or JPM?
In this comparison, JPM (1.
8% yield) pays a dividend. CRNT, CIEN, ADTN, CALX, VIAV do not pay a meaningful dividend and should not be held primarily for income.
09Is CRNT or CIEN or ADTN or CALX or VIAV or JPM better for a retirement portfolio?
For long-horizon retirement investors, JPMorgan Chase & Co.
(JPM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 87), 1. 8% yield, +481. 2% 10Y return). Ceragon Networks Ltd. (CRNT) carries a higher beta of 2. 03 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (JPM: +481. 2%, CRNT: +60. 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 CIEN and ADTN and CALX and VIAV and JPM?
These companies operate in different sectors (CRNT (Technology) and CIEN (Technology) and ADTN (Technology) and CALX (Technology) and VIAV (Technology) and JPM (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: CRNT is a small-cap quality compounder stock; CIEN is a mid-cap high-growth stock; ADTN is a small-cap high-growth stock; CALX is a small-cap high-growth stock; VIAV is a mid-cap quality compounder stock; JPM is a large-cap deep-value stock. JPM pays a dividend while CRNT, CIEN, ADTN, CALX, VIAV do not, making them suitable for different income and tax situations. 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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