NYSE:CIEN (USA) Also trade in: Germany

Ciena Corp

$ 42.75 0.28 (0.66%)
Volume: 2,309,131 Avg Vol (1m): 2,968,937
Market Cap $: 6.63 Bil Enterprise Value $: 6.51 Bil
P/E (TTM): 35.04 P/B: 3.28
Earnings Power Value -50.61
Net Current Asset Value 3.5
Tangible Book 10.33
Projected FCF 18.71
Median P/S Value 25.9
Graham Number 16.84
Peter Lynch Value 16.97
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 7/10

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.
Current vs industry vs history
Cash-to-Debt 1.18
Cash-To-Debt ranked lower than
62.15% of 568 companies
in the Communication Equipment industry.
Industry Max: 64620.22, Med: 2, Min: 0.01
CIEN: 1.18
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.34, Med: 1.26, Max: 10000
Current: 1.18
0.34
10000
Equity-to-Asset 0.56
Equity-to-Asset ranked lower than
60.47% of 559 companies
in the Communication Equipment industry.
Industry Max: 1, Med: 0.58, Min: -162.14
CIEN: 0.56
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: -0.06, Med: 0.49, Max: 0.83
Current: 0.56
-0.06
0.83
Debt-to-Equity 0.34
Debt-to-Equity ranked lower than
65.05% of 412 companies
in the Communication Equipment industry.
Industry Max: 177.41, Med: 0.29, Min: 0.01
CIEN: 0.34
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: -68.34, Med: 0.59, Max: 103.97
Current: 0.34
-68.34
103.97
Debt-to-EBITDA 1.72
Debt-to-EBITDA ranked lower than
62.46% of 341 companies
in the Communication Equipment industry.
Industry Max: 2415.06, Med: 2.05, Min: 0.01
CIEN: 1.72
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: -10.08, Med: 5.31, Max: 234.19
Current: 1.72
-10.08
234.19
Interest Coverage 6.99
Interest Coverage ranked lower than
85.95% of 427 companies
in the Communication Equipment industry.
Industry Max: 1774033, Med: 67.87, Min: 0.01
CIEN: 6.99
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 0.12, Med: 2.78, Max: 4.58
Current: 6.99
0.12
4.58
Piotroski F-Score 5
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 2.25
DISTRESS
GREY
SAFE
Beneish M-Score -2.29
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 15.22%
WACC 6.51%

Profitability & Growth : 5/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 9.86
Operating Margin ranked higher than
66.73% of 565 companies
in the Communication Equipment industry.
Industry Max: 341.09, Med: 3.4, Min: -1532200
CIEN: 9.86
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: -18.25, Med: 1.14, Max: 8.52
Current: 9.86
-18.25
8.52
Net Margin % 5.98
Net Margin ranked higher than
96.47% of 566 companies
in the Communication Equipment industry.
Industry Max: 738.28, Med: 2.84, Min: -1525300
CIEN: 5.98
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -89.05, Med: -5.98, Max: 45.04
Current: 5.98
-89.05
45.04
ROE % 10.51
ROE ranked higher than
98.55% of 551 companies
in the Communication Equipment industry.
Industry Max: 123.14, Med: 4.85, Min: -925.45
CIEN: 10.51
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -225.82, Med: -16.96, Max: 86.95
Current: 10.51
-225.82
86.95
ROA % 5.53
ROA ranked higher than
97.72% of 571 companies
in the Communication Equipment industry.
Industry Max: 215.5, Med: 2.42, Min: -5413.65
CIEN: 5.53
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -32.94, Med: -6.08, Max: 36.98
Current: 5.53
-32.94
36.98
ROC (Joel Greenblatt) % 38.94
ROC (Joel Greenblatt) ranked higher than
72.26% of 566 companies
in the Communication Equipment industry.
Industry Max: 7958.33, Med: 10.41, Min: -16763.36
CIEN: 38.94
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: -428.64, Med: -2.36, Max: 32.88
Current: 38.94
-428.64
32.88
3-Year Total Revenue Growth Rate 8.20
3-Year Revenue Growth Rate ranked lower than
76.44% of 505 companies
in the Communication Equipment industry.
Industry Max: 460.9, Med: 1.9, Min: -100
CIEN: 1.9
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -51.9, Med: 6, Max: 37.3
Current: 1.9
-51.9
37.3
3-Year Total EBITDA Growth Rate 14.20
3-Year EBITDA Growth Rate ranked higher than
62.44% of 386 companies
in the Communication Equipment industry.
Industry Max: 448.1, Med: 8.6, Min: -478.2
CIEN: 7.6
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: 0, Med: 0, Max: 169.9
Current: 7.6
0
169.9

» CIEN's 30-Y Financials

Financials (Next Earnings Date: 2019-08-30)

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Business Description

Industry Communication Equipment » Communication Equipment    NAICS : 334210    SIC : 3661
Compare NAS:ARRS NAS:VSAT SZSE:300454 SHSE:600485 MIL:PRY SHSE:600733 HKSE:02018 SHSE:600498 TSX:BB SHSE:600487 NAS:SATS XPAR:ETL SZSE:300628 SHSE:900941 NAS:LITE NAS:COMM NYSE:ZAYO SZSE:300136 SZSE:002465 SHSE:600745
Traded in other countries CIE1.Germany
Address 7035 Ridge Road, Hanover, MD, USA, 21076
Ciena is a telecommunications equipment provider focused on optical transport technologies, with clients in a number of industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises worldwide. The company provides equipment, software, and services that support transport, switching, aggregation, service delivery, and data traffic management. Ciena has three reporting segments: Networking Platforms, Software and Software-Related Services, and Global Services.

Ratios

Current vs industry vs history
PE Ratio (TTM) 35.04
PE Ratio ranked higher than
92.33% of 365 companies
in the Communication Equipment industry.
Industry Max: 2025, Med: 23.78, Min: 0.1
CIEN: 35.04
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 2.5, Med: 31.14, Max: 281.11
Current: 35.04
2.5
281.11
Forward PE Ratio 21.51
Forward P/E ranked lower than
59.09% of 66 companies
in the Communication Equipment industry.
Industry Max: 256.41, Med: 18.35, Min: 2.5
CIEN: 21.51
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 35.04
PE without NRI ranked higher than
92.66% of 368 companies
in the Communication Equipment industry.
Industry Max: 3400, Med: 24.9, Min: 0.1
CIEN: 35.04
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 2.5, Med: 31.14, Max: 281.11
Current: 35.04
2.5
281.11
Price-to-Owner-Earnings 138.35
Price-to-Owner-Earnings ranked higher than
96.48% of 227 companies
in the Communication Equipment industry.
Industry Max: 8633.8, Med: 22.7, Min: 0.82
CIEN: 138.35
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 2.52, Med: 46.34, Max: 447.87
Current: 138.35
2.52
447.87
PB Ratio 3.28
PB Ratio ranked lower than
54.01% of 548 companies
in the Communication Equipment industry.
Industry Max: 155, Med: 1.94, Min: 0.03
CIEN: 3.28
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.49, Med: 3.68, Max: 94.01
Current: 3.28
0.49
94.01
PS Ratio 1.96
PS Ratio ranked lower than
52.81% of 551 companies
in the Communication Equipment industry.
Industry Max: 777.78, Med: 1.41, Min: 0.01
CIEN: 1.96
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.59, Med: 1.19, Max: 2.61
Current: 1.96
0.59
2.61
Price-to-Free-Cash-Flow 37.67
Price-to-Free-Cash-Flow ranked lower than
55.67% of 194 companies
in the Communication Equipment industry.
Industry Max: 9675, Med: 20.39, Min: 1.16
CIEN: 37.67
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 7.31, Med: 23.29, Max: 99999999.99
Current: 37.67
7.31
99999999.99
Price-to-Operating-Cash-Flow 26.82
Price-to-Operating-Cash-Flow ranked lower than
55.69% of 255 companies
in the Communication Equipment industry.
Industry Max: 34500, Med: 13.86, Min: 1.15
CIEN: 26.82
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 5.44, Med: 16.87, Max: 890.56
Current: 26.82
5.44
890.56
EV-to-EBIT 22.85
EV-to-EBIT ranked higher than
53.30% of 379 companies
in the Communication Equipment industry.
Industry Max: 3831.81, Med: 19.71, Min: 0.18
CIEN: 22.85
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: -781.9, Med: 16.8, Max: 222.9
Current: 22.85
-781.9
222.9
EV-to-EBITDA 16.17
EV-to-EBITDA ranked higher than
60.34% of 416 companies
in the Communication Equipment industry.
Industry Max: 9413.04, Med: 14.44, Min: 0.18
CIEN: 16.17
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: -86.9, Med: 14.35, Max: 364.4
Current: 16.17
-86.9
364.4
EV-to-Revenue 1.94
EV-to-Revenue ranked lower than
50.18% of 562 companies
in the Communication Equipment industry.
Industry Max: 258745, Med: 1.37, Min: 0.02
CIEN: 1.94
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.4, Med: 1.4, Max: 3
Current: 1.94
0.4
3
PEG Ratio 1.90
PEG Ratio ranked higher than
96.71% of 152 companies
in the Communication Equipment industry.
Industry Max: 1250, Med: 1.68, Min: 0.08
CIEN: 1.9
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 0.07, Med: 0.7, Max: 3.32
Current: 1.9
0.07
3.32
Current Ratio 2.83
Current Ratio ranked higher than
51.10% of 546 companies
in the Communication Equipment industry.
Industry Max: 104.95, Med: 2.03, Min: 0.01
CIEN: 2.83
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 1.81, Med: 4.84, Max: 8.61
Current: 2.83
1.81
8.61
Quick Ratio 2.36
Quick Ratio ranked higher than
57.25% of 545 companies
in the Communication Equipment industry.
Industry Max: 104.95, Med: 1.55, Min: 0.02
CIEN: 2.36
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 1.44, Med: 4.18, Max: 7.61
Current: 2.36
1.44
7.61
Days Inventory 53.57
Days Inventory ranked higher than
59.67% of 538 companies
in the Communication Equipment industry.
Industry Max: 967.25, Med: 76.06, Min: 0.02
CIEN: 53.57
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 51.04, Med: 72.48, Max: 90.08
Current: 53.57
51.04
90.08
Days Sales Outstanding 82.15
Days Sales Outstanding ranked higher than
50.78% of 510 companies
in the Communication Equipment industry.
Industry Max: 915.23, Med: 71.93, Min: 0.16
CIEN: 82.15
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 66.13, Med: 82.49, Max: 101.41
Current: 82.15
66.13
101.41
Days Payable 69.97
Days Payable ranked lower than
63.24% of 457 companies
in the Communication Equipment industry.
Industry Max: 735.58, Med: 65.77, Min: 0.05
CIEN: 69.97
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 52.7, Med: 59.52, Max: 99.07
Current: 69.97
52.7
99.07

Dividend & Buy Back

Current vs industry vs history
3-Year Share Buyback Rate -4.40
3-Year Share Buyback Rate ranked lower than
74.07% of 378 companies
in the Communication Equipment industry.
Industry Max: 63.7, Med: -3, Min: -8092.2
CIEN: -4.4
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -20.3, Med: -7.9, Max: -1.3
Current: -4.4
-20.3
-1.3

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 4.14
Price-to-Tangible-Book ranked lower than
54.65% of 516 companies
in the Communication Equipment industry.
Industry Max: 201.13, Med: 2.43, Min: 0.03
CIEN: 4.14
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 1.2, Med: 4.64, Max: 63.39
Current: 4.14
1.2
63.39
Price-to-Projected-FCF 2.28
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
51.01% of 296 companies
in the Communication Equipment industry.
Industry Max: 119.48, Med: 1.57, Min: 0.05
CIEN: 2.28
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 1.27, Med: 2.82, Max: 20.58
Current: 2.28
1.27
20.58
Price-to-Median-PS-Value 1.65
Price-to-Median-PS-Value ranked lower than
66.74% of 484 companies
in the Communication Equipment industry.
Industry Max: 27, Med: 1.08, Min: 0.01
CIEN: 1.65
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.57, Med: 1.86, Max: 30.86
Current: 1.65
0.57
30.86
Price-to-Peter-Lynch-Fair-Value 2.52
Price-to-Peter-Lynch-Fair-Value ranked higher than
97.92% of 96 companies
in the Communication Equipment industry.
Industry Max: 34.81, Med: 1.33, Min: 0.2
CIEN: 2.52
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
Price-to-Peter-Lynch-Fair-Value range over the past 10 years
Min: 0.11, Med: 1.14, Max: 4.39
Current: 2.52
0.11
4.39
Price-to-Graham-Number 2.54
Price-to-Graham-Number ranked higher than
80.00% of 315 companies
in the Communication Equipment industry.
Industry Max: 54.54, Med: 1.73, Min: 0.11
CIEN: 2.54
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.45, Med: 4.34, Max: 34.84
Current: 2.54
0.45
34.84
Earnings Yield (Joel Greenblatt) % 4.38
Earnings Yield (Greenblatt) ranked higher than
68.89% of 569 companies
in the Communication Equipment industry.
Industry Max: 555.56, Med: 2.73, Min: -588.24
CIEN: 4.38
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: -92.7, Med: 0.7, Max: 10.3
Current: 4.38
-92.7
10.3
Forward Rate of Return (Yacktman) % 16.37
Forward Rate of Return ranked higher than
91.19% of 261 companies
in the Communication Equipment industry.
Industry Max: 164.05, Med: 7.87, Min: -18773.97
CIEN: 16.37
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -22.4, Med: -3.8, Max: 23.8
Current: 16.37
-22.4
23.8

More Statistics

Revenue (TTM) (Mil) $ 3,361.71
EPS (TTM) $ 1.22
Beta 0.48
Volatility % 36.42
52-Week Range $ 24.56 - 46.23
Shares Outstanding (Mil) 155.09

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 5
Positive ROA Y
Positive CFROA Y
Higher ROA yoy N
CFROA > ROA Y
Lower Leverage yoy N
Higher Current Ratio yoy Y
Less Shares Outstanding yoy N
Higher Gross Margin yoy Y
Higher Asset Turnover yoy N