# Radware Ltd. (RDWR) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $28.28, market value $1.2 billion.

## Valuation
- **P/E (trailing): 72.5×** (5-yr avg 158.2×, 3-yr avg 107.2×). Radware Ltd. trades at 72.5× trailing earnings, well below its own five-year average of 158.2×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 20.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.09**. A PEG of 0.09 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 3.7×**. The shares trade at 3.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 2.7%** (5-yr avg 3.1%). Free cash flow equals 2.7% of the market value, in line with its five-year average of 3.1%.
- **Earnings yield: 1.4%**. The inverse of the P/E: 1.4% of the price is earned each year.

## Profitability
- **Gross margin: 80.8%**. Radware Ltd. keeps 80.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 4.4%**. 4.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 6.7%**. 6.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.8%**. 5.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 2.5%**. Each dollar of assets produces 2.5% of profit.

## Growth
- **Revenue growth (1 yr): 9.8%** (3-yr 0.9%/yr, 5-yr 3.8%/yr). Revenue grew 9.8% over the last year, against 3.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 221.4%** (5-yr 17.6%/yr). Earnings per share rose 221.4%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 21.2%/yr**. Free cash flow has compounded at 21.2% a year over three years.

## Financial health
- **Current ratio: 1.63** (quick 1.63). Current assets cover the next year's liabilities 1.63 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Radware Ltd. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 13.8%** (YTD 17.4%, 3-mo 1.2%). The shares are up 13.8% over twelve months including dividends.
- **From 52-week high: -13.8%** (30.4% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 1.25** (volatility 41%). Beta of 1.25 against the S&P 500: the shares move roughly with the market.

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

Not investment advice.