Cambium Networks Corporation CMBM

Competitive advantage analysis · technology

Corporate Default
Overall moat score
30/100
Developing

About Cambium Networks Corporation

Cambium Networks Corporation designs, develops, and manufactures fixed wireless, fiber broadband, and enterprise networking infrastructure solutions in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company offers fixed wireless and PON/XGSPON based broadband, Wi-Fi, and local area networking (LAN) switching infrastructure; and security gateway solutions for a range of applications, such … Full CMBM analysis →

Competitive advantage assessment

Key risks

  • ROIC Below WACC or Peers ROIC at 9.6th percentile suggests inefficient capital deployment.
  • Commodity Pressure / Weak Differentiation Gross margin at 37.7th percentile with high volatility suggests weak pricing power or commoditized products.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Weak
25

Where CMBM ranks in Communication Equipment

Cambium Networks Corporation ranks #40 of 59 scored companies in Communication Equipment by moat score — the top 68%. The widest moat in the group is Ubiquiti Inc. (UI) at 82/100.

Moat scores for companies ranked near CMBM in Communication Equipment
# Company Moat score Rating
36 Airgain, Inc. AIRG 39/100 Developing
37 Applied Optoelectronics, Inc. AAOI 37/100 Developing
38 Silicom Ltd SILC 36/100 Developing
39 Telesat Corporation TSAT 35/100 Developing
40 Cambium Networks Corporation CMBM 30/100 Developing
41 Amplitech Group, Inc. AMPG 29/100 Developing
42 Amplitech Group, Inc. AMPGW 28/100 Developing
43 Ondas Holdings Inc. ONDS 27/100 Developing
44 EchoStar Corporation SATS 27/100 Developing

See every General Corporate company ranked by moat score →

How CMBM scores on the Corporate Default defenses

Pricing Power

Score 24 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 34 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 40 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 13 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 42 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 29 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding CMBM's moat

What is Cambium Networks Corporation's moat score?

Cambium Networks Corporation (CMBM) scores 30 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #40 of 59 scored companies in Communication Equipment, the top 68%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 58 companies in Communication Equipment. Its strongest defense is Resilience (42/100) and its weakest is Capital Efficiency (13/100).

How does Cambium Networks Corporation compare with other Communication Equipment companies?

Cambium Networks Corporation ranks #40 of 59 scored companies in Communication Equipment by moat score. The widest moat in Communication Equipment is Ubiquiti Inc. (UI) at 82/100. The companies ranked closest are Telesat Corporation (TSAT) at 35 just above it and Amplitech Group, Inc. (AMPG) at 29 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 58 companies in Communication Equipment. The defenses are then weighted to produce the overall score out of 100.

Why is Cambium Networks Corporation scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Cambium Networks Corporation?

The Corporate Default template measures 6 defenses, and CMBM scores: Pricing Power (24), Cost Advantage (34), Customer Stickiness (40), Capital Efficiency (13), Resilience (42), Scale & Market Position (29). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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