CienaXTER:CIE1 -1.08%71 OCF Margin % is 16.53% as of Apr. 2026, which is 46% above its 10-year median of 11.35. GuruFocus rates XTER:CIE1 with a GF Score™ of 71/100 and a GF Value™ of €83.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,472 Hardware companies, Ciena ranks better than 85.6% on this metric.
OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Ciena's Cash Flow from Operations for the
three
months ended in Apr. 2026 was €222 Mil. Ciena's Revenue for the
three
months ended in Apr. 2026 was €1,343 Mil. Therefore, Ciena's OCF Margin % for the quarter that ended in Apr. 2026 was 16.53%.
The historical rank and industry rank for Ciena's OCF Margin % or its related term are showing as below:
XTER:CIE1'
s OCF Margin % Range Over the Past 10 Years
Min: -4.62 Med: 11.35 Max: 16.9
Current: 18.56
During the past 13 years, the highest OCF Margin % of Ciena was 16.90%. The lowest was -4.62%. And the median was 11.35%.
XTER:CIE1's OCF Margin % is ranked better than 85.6% of 2472
companies
in the Hardware industry
Industry Median: 5.27
vs XTER:CIE1: 18.56
Ciena OCF Margin % Related Terms
Ciena OCF Margin % Historical Data
* Premium members only.
The historical data trend for Ciena's OCF 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.
XTER:CIE1 vs MSI, LITE, HPE: OCF Margin % Comparison
For the Communication Equipment subindustry, Ciena's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Ciena's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Ciena's OCF 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 (XTER:CIE1) has a OCF Margin % of 16.53% as of Apr. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Ciena and its competitors. This is 46% above median its historical median of 11.35. According to the industry distribution chart, Ciena ranks #356 out of 2472 companies in the Hardware industry, placing it in the top 14.4%.
Is Ciena's OCF Margin % too high?
Ciena's current OCF Margin % of 16.53% is 46% above median its 10-year median of 11.35. The Hardware industry median OCF Margin % is 5.27. Ciena's value of 16.53% is 213.7% above this industry median. Based on the distribution chart, Ciena ranks #356 out of 2472 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ciena has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ciena's OCF Margin % compare to MSI and LITE?
According to the Hardware industry distribution chart, Ciena ranks #356 out of 2472 companies for OCF Margin %. This places Ciena in the top 14% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 5.27. Ciena's value of 16.53% is 213.7% above this benchmark. While the company's 10-year median is 11.35 vs. the industry median of 5.27, 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 OCF Margin % for a Hardware company?
The median OCF Margin % among Hardware companies is 5.27, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciena's current OCF Margin % of 16.53% is 213.7% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Ciena and its competitors. For the Hardware industry, the median OCF Margin % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciena's current OCF Margin % is 16.53%, which is 46% above median its own 10-year median of 11.35. 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 (XTER:CIE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €83.17, compared to a current price of €413.40 — trading 397.1% above its estimated fair value. The current OCF Margin % is 16.53%, which is 46% above median its 10-year median of 11.35 and 213.7% above the Hardware industry median of 5.27. Ciena's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Ciena (XTER:CIE1), the current OCF Margin % is 16.53% 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 (XTER:CIE1) Overvalued in 2026?
Based on GuruFocus' analysis, Ciena stock appears to be overvalued.
The current stock price of €413.40 is trading 397.1% above its estimated GF Value™ of €83.17.
GuruFocus considers Ciena to be Significantly Overvalued.
Key valuation signals for XTER:CIE1:
OCF Margin %: 16.53% (46% above median its 10-year median of 11.35)
GF Value™: €83.17 vs. price of €413.40 (397.1% above fair value)
Industry Position: 213.7% above the Hardware median (#356 of 2472)
No single metric tells the full story. See the XTER: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.
71GF Score
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