Radware Ltd
Radware Ltd (RDWR) is listed on NASDAQ and classified in Software - Infrastructure, part of the Technology sector. It is headquartered in Tel Aviv-Yafo, Israel and has 1,228 employees. The company is worth $1.25B and trades at 62.0x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $301.85M in fiscal 2025, up 9.8% from the year before. Net income was $20.26M. The share price is 9.2% below its 52-week high of $32.79. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Renaissance Technologies, at $39.42M. In that quarter, 2 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -6.2% over 5Y.
today you would have $766.58▼ -23.3%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $24.09 | $22.53 | $16.68 | $19.75 | $41.64 | $27.75 | $25.78 | $22.71 | $19.40 | $14.58 | $15.34 | $22.02 | $17.98 | $16.50 | $14.63 | $18.75 | $7.56 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 17.6% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 28.0 among peers in the sector.
Median P/E of 53.5 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 14.3x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| GTMZoomInfo Technologies Inc. | $4.31 | — | 1.5x | 0.00% | -45.45% | $1.25B |
| APPSDigital Turbine, Inc. | $9.97 | — | 6.3x | 0.00% | -20.39% | $1.21B |
| SCSCScansource Inc | $59.96 | 16.7x | 1.3x | 0.00% | 8.68% | $1.21B |
| SHLSShoals Technologies Group, Inc. | $7.73 |
| 53.5x |
| 53.5x |
| 160.9x |
| — |
| — |
| 260.2x |
| 138.8x |
| 54.9x |
| 90.8x |
| — |
| — |
| 38.4x |
| 41.5x |
| 46.1x |
| 24.3x |
| 31.1x |
| 85.2x |
| — |
| P/S | 4.0x | 3.4x | 3.5x | 2.7x | 3.0x | 6.7x | 5.1x | 4.8x | 4.5x | 4.1x | 3.2x | 3.2x | 4.7x | 4.2x | 3.9x | 3.7x | 5.3x | — |
| P/B | 2.9x | 3.0x | 3.0x | 2.4x | 2.6x | 5.2x | 3.3x | 3.1x | 2.9x | 2.7x | 2.1x | 2.2x | 3.1x | 2.7x | 2.7x | 2.8x | 4.1x | — |
| EPS | $0.45 | $0.14 | -$0.50 | $0.00 | $0.16 | $0.20 | $0.47 | $0.25 | -$0.17 | -$0.20 | $0.40 | $0.53 | $0.39 | $0.68 | $0.47 | $0.22 | -$0.16 |
| Profit margin | 5.01% | 6.71% | 2.20% | -8.26% | -0.06% | 2.73% | 3.85% | 8.95% | 5.01% | -3.54% | -4.40% | 8.57% | 11.24% | 9.36% | 16.79% | 12.78% | 6.68% | -5.45% |
| ROE | 3.22% | 5.80% | 1.91% | -7.60% | -0.05% | 2.11% | 2.48% | 5.71% | 3.22% | -2.38% | -2.89% | 5.82% | 7.48% | 6.14% | 11.71% | 9.73% | 5.21% | -3.97% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-33.2% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 40.7x |
| 2.1x |
| 0.00% |
| 5.34% |
| $1.3B |
| AMBQAmbiq Micro, Inc. | $49.88 | — | 3.0x | 0.00% | -15.55% | $1.21B |
| BANDBandwidth Inc. | $40.50 | — | 3.4x | 0.00% | 0.59% | $1.3B |