Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.34
CIEN's Cash to Debt is ranked lower than
61% of the 636 Companies
in the Global Communication Equipment industry.

( Industry Median: 6.25 vs. CIEN: 0.34 )
CIEN' s 10-Year Cash to Debt Range
Min: 0.34   Max: No Debt
Current: 0.34

Equity to Asset -0.05
CIEN's Equity to Asset is ranked lower than
66% of the 611 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.58 vs. CIEN: -0.05 )
CIEN' s 10-Year Equity to Asset Range
Min: -0.06   Max: 0.83
Current: -0.05

-0.06
0.83
F-Score: 6
Z-Score: -2.49
M-Score: -2.51
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) -0.09
CIEN's Operating margin (%) is ranked higher than
55% of the 604 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.20 vs. CIEN: -0.09 )
CIEN' s 10-Year Operating margin (%) Range
Min: -410.96   Max: 45.74
Current: -0.09

-410.96
45.74
Net-margin (%) -4.10
CIEN's Net-margin (%) is ranked higher than
50% of the 604 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.61 vs. CIEN: -4.10 )
CIEN' s 10-Year Net-margin (%) Range
Min: -442.33   Max: 28.07
Current: -4.1

-442.33
28.07
ROA (%) -4.74
CIEN's ROA (%) is ranked lower than
52% of the 610 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.80 vs. CIEN: -4.74 )
CIEN' s 10-Year ROA (%) Range
Min: -58.07   Max: 25.04
Current: -4.74

-58.07
25.04
ROC (Joel Greenblatt) (%) -0.41
CIEN's ROC (Joel Greenblatt) (%) is ranked higher than
56% of the 607 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.61 vs. CIEN: -0.41 )
CIEN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1536.69   Max: 142.64
Current: -0.41

-1536.69
142.64
Revenue Growth (%) 15.30
CIEN's Revenue Growth (%) is ranked higher than
87% of the 512 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.50 vs. CIEN: 15.30 )
CIEN' s 10-Year Revenue Growth (%) Range
Min: -51.9   Max: 37.3
Current: 15.3

-51.9
37.3
EPS Growth (%) -38.60
CIEN's EPS Growth (%) is ranked higher than
52% of the 371 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.20 vs. CIEN: -38.60 )
CIEN' s 10-Year EPS Growth (%) Range
Min: -44.3   Max: 573.9
Current: -38.6

-44.3
573.9
» CIEN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

CIEN Guru Trades in

Q3 2013

CIEN Guru Trades in Q3 2013

RS Investment Management 85,300 sh (unchged)
PRIMECAP Management 650,926 sh (-1.72%)
Chuck Royce 783,500 sh (-16.2%)
» More
Q4 2013

CIEN Guru Trades in Q4 2013

Steven Cohen 58,339 sh (New)
George Soros 700,000 sh (New)
Chuck Royce 812,500 sh (+3.7%)
RS Investment Management 85,300 sh (unchged)
PRIMECAP Management 647,026 sh (-0.6%)
» More
Q1 2014

CIEN Guru Trades in Q1 2014

Paul Tudor Jones 18,200 sh (New)
RS Investment Management 199,400 sh (+133.76%)
George Soros 1,223,000 sh (+74.71%)
Chuck Royce 860,000 sh (+5.85%)
Paul Singer 400,000 sh (unchged)
PRIMECAP Management 642,026 sh (-0.77%)
Steven Cohen 43,802 sh (-24.92%)
» More
» Details

Insider Trades

Latest Guru Trades with CIEN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2014-03-31 Add 74.71%0.12%$21.92 - $26.2 $ 19.48-17%1223000
George Soros 2013-12-31 New Buy0.14%$21.31 - $27.67 $ 19.48-18%700000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/S 0.90
CIEN's P/S is ranked higher than
75% of the 685 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.45 vs. CIEN: 0.90 )
CIEN' s 10-Year P/S Range
Min: 0.59   Max: 13.03
Current: 0.9

0.59
13.03
EV-to-EBIT 114.61
CIEN's EV-to-EBIT is ranked higher than
63% of the 685 Companies
in the Global Communication Equipment industry.

( Industry Median: 45.70 vs. CIEN: 114.61 )
CIEN' s 10-Year EV-to-EBIT Range
Min: 13.1   Max: 480.3
Current: 114.61

13.1
480.3
Current Ratio 1.81
CIEN's Current Ratio is ranked higher than
58% of the 622 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.04 vs. CIEN: 1.81 )
CIEN' s 10-Year Current Ratio Range
Min: 1.81   Max: 8.61
Current: 1.81

1.81
8.61
Quick Ratio 1.44
CIEN's Quick Ratio is ranked higher than
61% of the 622 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.63 vs. CIEN: 1.44 )
CIEN' s 10-Year Quick Ratio Range
Min: 1.44   Max: 7.61
Current: 1.44

1.44
7.61

Valuation & Return

vs
industry
vs
history
Price/Median PS Value 0.50
CIEN's Price/Median PS Value is ranked higher than
96% of the 685 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.15 vs. CIEN: 0.50 )
CIEN' s 10-Year Price/Median PS Value Range
Min: 0.37   Max: 20.41
Current: 0.5

0.37
20.41
Earnings Yield (Greenblatt) 0.90
CIEN's Earnings Yield (Greenblatt) is ranked lower than
61% of the 544 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.70 vs. CIEN: 0.90 )
CIEN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 7.6
Current: 0.9

0.2
7.6
Forward Rate of Return (Yacktman) -3.54
CIEN's Forward Rate of Return (Yacktman) is ranked higher than
57% of the 460 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.61 vs. CIEN: -3.54 )
CIEN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -31.5   Max: -3.3
Current: -3.54

-31.5
-3.3

Business Description

Industry: Communication Equipment » Communication Equipment
Compare:PTFRY, QCOM, CSCO, ERIC, NOK » details
Traded in other countries:CIE1.Germany
Ciena Corporation was incorporated in Delaware in November 1992, and completed its initial public offering on February 7, 1997. The Company is a provider of equipment, software and service solutions that support the transport, switching, aggregation and management of voice, video and data traffic on communications networks. The Company's four separate operating segments are Packet-Optical Transport, Packet-Optical Switching, Carrier Ethernet Solutions, and Software and Services. Its Packet-Optical Transport, Packet-Optical Switching and Carrier Ethernet Solutions products are deployed and used, individually or as part of an integrated solution, in communications networks operated by communications service providers, cable operators, governments, enterprises and other network operators around the globe. The Company is a network specialist focused on the modernization and transition of disparate, legacy network infrastructures to converged, next-generation architectures, optimized to handle a broader mix of high-bandwidth communications services. The Company's product portfolio consists of its Packet-Optical Transport, Packet-Optical Switching and Carrier Ethernet Solutions products that enable network operators to scale capacity and increase transmission speeds, transport and efficiently allocate network traffic, and deliver communication services to business and consumer end users. Its network solutions also include Ciena One software suite for unified network management and network planning and design, as well as a broad offering of advanced network consulting, design, implementation and support services. The Company sells its product and service solutions through its direct sales force and third party channel partners to end user network. Its service provider customers include AT&T, Bell Canada, BT, Cable & Wireless, CenturyLink, France Telecom, Korea Telecom, Sprint, Tata Communications, Telefonica, Telmex, Telus, Verizon and XO Communications. Its Cable Operators customers include Cogeco, Comcast, Cox, RCN, Rogers and Time Warner. The Company's competitors include Alcatel-Lucent, Cisco, Ericsson, Fujitsu, Huawei, Juniper Networks, Nokia Siemens Networks, Tellabs and ZTE. It also competes with several smaller, but established, companies that offer one or more products that compete directly or indirectly with its offering. These competitors include DVA, BTI, Infinera and Transmode. Its business and operations are subject to environmental laws in various jurisdictions around the world, including the Waste Electrical and Electronic Equipment (WEEE) and Restriction of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment (RoHS) regulations adopted by the European Union.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide