CienaHAM:CIE1 -1.25%72 EBITDA Margin % is 18.99% as of Apr. 2026, which is 66% above its 10-year median of 11.45. GuruFocus rates HAM:CIE1 with a GF Score™ of 72/100 and a GF Value™ of €82.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,472 Hardware companies, Ciena ranks better than 71.04% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Ciena's EBITDA for the
three
months ended in Apr. 2026 was €255 Mil. Ciena's Revenue for the
three
months ended in Apr. 2026 was €1,343 Mil. Therefore, Ciena's EBITDA margin for the quarter that ended in Apr. 2026 was 18.99%.
Ciena (HAM:CIE1) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Ciena EBITDA Margin % Related Terms
Ciena EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Ciena's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:CIE1 vs MSI, LITE, HPE: EBITDA Margin % Comparison
For the Communication Equipment subindustry, Ciena's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ciena EBITDA Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Ciena's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Ciena's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ciena (HAM:CIE1) has a EBITDA Margin % of 18.99% as of Apr. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ciena and its competitors. This is 66% above median its historical median of 11.45. Over the past decade, Ciena's EBITDA Margin % has ranged from 8.14 to 17.58. According to the industry distribution chart, Ciena ranks #716 out of 2472 companies in the Hardware industry, placing it in the top 29%.
Is Ciena's EBITDA Margin % too high?
Ciena's current EBITDA Margin % of 18.99% is 66% above median its 10-year median of 11.45. Over the past 10 years, this metric has ranged from a low of 8.14 to a high of 17.58. The Hardware industry median EBITDA Margin % is 7.01. Ciena's value of 18.99% is 171.1% above this industry median. Based on the distribution chart, Ciena ranks #716 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Ciena has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ciena's EBITDA Margin % compare to MSI and LITE?
According to the Hardware industry distribution chart, Ciena ranks #716 out of 2472 companies for EBITDA Margin %. This puts Ciena in the upper half of its industry. The industry median EBITDA Margin % is 7.01. Ciena's value of 18.99% is 171.1% above this benchmark. Historically, Ciena's own EBITDA Margin % has ranged from 8.14 to 17.58 over the past decade. While the company's 10-year median is 11.45 vs. the industry median of 7.01, Ciena has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Hardware company?
The median EBITDA Margin % among Hardware companies is 7.01, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciena's current EBITDA Margin % of 18.99% is 171.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ciena and its competitors. For the Hardware industry, the median EBITDA Margin % is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciena's current EBITDA Margin % is 18.99%, which is 66% above median its own 10-year median of 11.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciena stock overvalued right now?
Based on GuruFocus' analysis, Ciena (HAM:CIE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €82.97, compared to a current price of €412.40 — trading 397% above its estimated fair value. The current EBITDA Margin % is 18.99%, which is 66% above median its 10-year median of 11.45 and 171.1% above the Hardware industry median of 7.01. Ciena's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Ciena (HAM:CIE1), the current EBITDA Margin % is 18.99% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ciena (HAM:CIE1) Overvalued in 2026?
Based on GuruFocus' analysis, Ciena stock appears to be overvalued.
The current stock price of €412.40 is trading 397% above its estimated GF Value™ of €82.97.
GuruFocus considers Ciena to be Significantly Overvalued.
Key valuation signals for HAM:CIE1:
EBITDA Margin %: 18.99% (66% above median its 10-year median of 11.45)
GF Value™: €82.97 vs. price of €412.40 (397% above fair value)
Industry Position: 171.1% above the Hardware median (#716 of 2472)
No single metric tells the full story. See the HAM:CIE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ciena is a leader in high-speed optical connectivity, providing systems, components, and automation software for telecom providers and enterprises, such as data centers, to enable long-distance connectivity. The company operates through four primary business segments: networking platforms, platform software and services, Blue Planet automation software, and global services. While telecom carriers remain important customers, cloud providers and hyperscalers now drive a significant portion of the business. To meet the demands of AI data centers, customers are adopting Ciena's WaveLogic 6 platform, the first to support 1.6 terabits-per-second capacity.
72GF Score
Get the complete analysis for HAM:CIE1
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:CIE1 has been successfully added to your 
