# Perion Network Ltd. (PERI) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Diversified Financial Services. Price $9.31, market value $385 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Perion Network Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 25.5×**. Enterprise value is 25.5× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 7.5%** (5-yr avg 7.4%). Free cash flow equals 7.5% of the market value, in line with its five-year average of 7.4%. Above 5% is generally attractive.

## Profitability
- **Gross margin: 34.0%**. Perion Network Ltd. keeps 34.0% of revenue after the direct cost of what it sells.
- **Operating margin: -4.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -1.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -1.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -2.9%**. Return on all capital, debt included, is -2.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.4%**. Each dollar of assets produces -1.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -11.7%** (3-yr -11.8%/yr, 5-yr 6.0%/yr). Revenue fell 11.7% over the last year, against 6.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -176.0%**. Earnings per share fell 176.0%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -32.0%/yr**. Free cash flow has compounded at -32.0% a year over three years.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $90 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Perion Network Ltd. does not currently pay a dividend, but it returned 20.8% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 2.0%** (YTD -2.8%, 3-mo 18.1%). The shares are up 2.0% over twelve months including dividends.
- **From 52-week high: -17.4%** (22.0% above the low). Trading 17% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 43**. An RSI of 43 is neutral.
- **Beta (1 yr): 0.83** (volatility 36%). Beta of 0.83 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PERI · Page: https://foliofundamentals.com/stocks/peri

Not investment advice.