Perion Network Ltd. Ordinary Shares (PERI)

FairStock Score: 64/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I start with business quality and owner earnings. Perion operates in digital advertising, a competitive field, with 511 employees and products like Perion One and an AI execution agent. In fiscal Q2 2026, revenue was $98.2M and net income was -$6.8M, a -6.88% net margin. That is not the profile of a healthy compounder. The data provided also lists 5.84% revenue growth and 61.16% profit growth, but without clear periods I cannot treat those as durable. At the 2026-10-13 close of $9.10, market cap was $422.1M. FairStock calculations show P/B 0.54, P/E -25.28, FCF yield 6.8%, EV/EBITDA 32.10, ROE -1.96%, ROCE -1.23%, and D/E 0.04. The low debt and $28.7M trailing free cash flow are real supports. However, negative earnings and returns on capital, a high EV/EBITDA, Piotroski F-Score 5/9, and Altman Z-Score 1.87 suggest limited financial strength and no clear competitive moat. The P/B discount is only meaningful if book value is reliable and earnings recover. No Lynch category is assigned because only 0 years of filed results are available, so I lack the multi-year record I want. I would need evidence of consistent owner earnings and better returns on capital before seeing a margin of safety.

In plain English: Perion Network sells digital advertising technology to brands, agencies, and retailers. In its latest reported quarter it lost money, though it still generated cash and carries very little debt. The share price looks low compared with the accounting value of its net assets, but the business does not look clearly strong based on current profits.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer