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CienaMEX:CIEN -8.78%68 EV-to-EBIT is 86.90 as of Jul. 29, 2026, which is 310% above its 10-year median of 21.20. GuruFocus rates MEX:CIEN with a GF Score™ of 68/100 and a GF Value™ of MXN1,640.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,770 Hardware companies, Ciena ranks worse than 87.74% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ciena's Enterprise Value is MXN873,476 Mil.
Ciena's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was MXN10,051 Mil. Therefore, Ciena's EV-to-EBIT for today is 86.90.
The historical rank and industry rank for Ciena's EV-to-EBIT or its related term are showing as below:
MEX:CIEN'
s EV-to-EBIT Range Over the Past 10 Years
Min: 11.79 Med: 21.2 Max: 212.65
Current: 88.04
During the past 13 years, the highest EV-to-EBIT of Ciena was 212.65. The lowest was 11.79. And the median was 21.20.
MEX:CIEN's EV-to-EBIT is ranked worse than 87.74% of 1770
companies
in the Hardware industry
Industry Median: 20.115
vs MEX:CIEN: 88.04
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ciena's Enterprise Value for the quarter that ended in Apr. 2026 was MXN1,268,874 Mil.
Ciena's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN10,051 Mil.
* 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 EV-to-EBIT Related Terms
Ciena EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Ciena's EV-to-EBIT 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.
For the Communication Equipment subindustry, Ciena's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, Ciena's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ciena's EV-to-EBIT falls into.
Ciena's current Enterprise Value is MXN873,476 Mil.
Ciena's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN10,051 Mil.
* 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 (MEX:CIEN) has a EV-to-EBIT of 86.90 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ciena and its competitors. This is 310% above median its historical median of 21.20. Over the past decade, Ciena's EV-to-EBIT has ranged from 11.79 to 212.65. According to the industry distribution chart, Ciena ranks #1553 out of 1770 companies in the Hardware industry, placing it in the top 87.7%.
Is Ciena's EV-to-EBIT too high?
Ciena's current EV-to-EBIT of 86.90 is 310% above median its 10-year median of 21.20. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 212.65. The Hardware industry median EV-to-EBIT is 20.12. Ciena's value of 86.90 is 332% above this industry median. Based on the distribution chart, Ciena ranks #1553 out of 1770 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ciena has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ciena's EV-to-EBIT compare to LITE and HPE?
According to the Hardware industry distribution chart, Ciena ranks #1553 out of 1770 companies for EV-to-EBIT. This places Ciena in the lower half of its industry. The industry median EV-to-EBIT is 20.12. Ciena's value of 86.90 is 332% above this benchmark. Historically, Ciena's own EV-to-EBIT has ranged from 11.79 to 212.65 over the past decade. While the company's 10-year median is 21.20 vs. the industry median of 20.12, 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 EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 20.12, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciena's current EV-to-EBIT of 86.90 is 332% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ciena and its competitors. For the Hardware industry, the median EV-to-EBIT is 20.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciena's current EV-to-EBIT is 86.90, which is 310% above median its own 10-year median of 21.20. 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 (MEX:CIEN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,640.12, compared to a current price of MXN5,975.00 — trading 264.3% above its estimated fair value. The current EV-to-EBIT is 86.90, which is 310% above median its 10-year median of 21.20 and 332% above the Hardware industry median of 20.12. Ciena's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ciena (MEX:CIEN), the current EV-to-EBIT is 86.90 as of Jul. 29, 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 (MEX:CIEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ciena stock appears to be overvalued.
The current stock price of MXN5,975.00 is trading 264.3% above its estimated GF Value™ of MXN1,640.12.
GuruFocus considers Ciena to be Significantly Overvalued.
Key valuation signals for MEX:CIEN:
EV-to-EBIT: 86.90 (310% above median its 10-year median of 21.20)
GF Value™: MXN1,640.12 vs. price of MXN5,975.00 (264.3% above fair value)
Industry Position: 332% above the Hardware median (#1553 of 1770)
No single metric tells the full story. See the MEX:CIEN 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.
68GF Score
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