Ciena Statistics
Total Valuation
Ciena has a market cap or net worth of $8.75 billion. The enterprise value is $9.01 billion.
| Market Cap | 8.75B |
| Enterprise Value | 9.01B |
Important Dates
The last earnings date was Tuesday, March 11, 2025, before market open.
| Earnings Date | Mar 11, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Ciena has 142.15 million shares outstanding. The number of shares has decreased by -1.66% in one year.
| Current Share Class | 142.15M |
| Shares Outstanding | 142.15M |
| Shares Change (YoY) | -1.66% |
| Shares Change (QoQ) | -0.37% |
| Owned by Insiders (%) | 0.85% |
| Owned by Institutions (%) | 100.56% |
| Float | 140.82M |
Valuation Ratios
The trailing PE ratio is 112.33 and the forward PE ratio is 24.40. Ciena's PEG ratio is 0.74.
| PE Ratio | 112.33 |
| Forward PE | 24.40 |
| PS Ratio | 2.19 |
| Forward PS | 1.91 |
| PB Ratio | 3.14 |
| P/TBV Ratio | 3.99 |
| P/FCF Ratio | 42.63 |
| P/OCF Ratio | 24.85 |
| PEG Ratio | 0.74 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 28.35, with an EV/FCF ratio of 43.91.
| EV / Earnings | 114.10 |
| EV / Sales | 2.23 |
| EV / EBITDA | 28.35 |
| EV / EBIT | 49.03 |
| EV / FCF | 43.91 |
Financial Position
The company has a current ratio of 3.65, with a Debt / Equity ratio of 0.57.
| Current Ratio | 3.65 |
| Quick Ratio | 2.39 |
| Debt / Equity | 0.57 |
| Debt / EBITDA | 4.72 |
| Debt / FCF | 7.69 |
| Interest Coverage | 1.91 |
Financial Efficiency
Return on equity (ROE) is 2.76% and return on invested capital (ROIC) is 2.58%.
| Return on Equity (ROE) | 2.76% |
| Return on Assets (ROA) | 2.06% |
| Return on Invested Capital (ROIC) | 2.58% |
| Return on Capital Employed (ROCE) | 3.98% |
| Revenue Per Employee | $467,772 |
| Profits Per Employee | $9,123 |
| Employee Count | 8,657 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 2.54 |
Taxes
In the past 12 months, Ciena has paid $37.96 million in taxes.
| Income Tax | 37.96M |
| Effective Tax Rate | 32.46% |
Stock Price Statistics
The stock price has increased by +21.93% in the last 52 weeks. The beta is 0.91, so Ciena's price volatility has been similar to the market average.
| Beta (5Y) | 0.91 |
| 52-Week Price Change | +21.93% |
| 50-Day Moving Average | 78.67 |
| 200-Day Moving Average | 66.32 |
| Relative Strength Index (RSI) | 33.94 |
| Average Volume (20 Days) | 2,895,897 |
Short Selling Information
The latest short interest is 4.20 million, so 2.95% of the outstanding shares have been sold short.
| Short Interest | 4.20M |
| Short Previous Month | 3.94M |
| Short % of Shares Out | 2.95% |
| Short % of Float | 2.98% |
| Short Ratio (days to cover) | 1.39 |
Income Statement
In the last 12 months, Ciena had revenue of $4.05 billion and earned $78.98 million in profits. Earnings per share was $0.55.
| Revenue | 4.05B |
| Gross Profit | 1.72B |
| Operating Income | 183.82M |
| Pretax Income | 190.33M |
| Net Income | 78.98M |
| EBITDA | 317.92M |
| EBIT | 183.82M |
| Earnings Per Share (EPS) | $0.55 |
Balance Sheet
The company has $1.21 billion in cash and $1.58 billion in debt, giving a net cash position of -$261.32 million or -$1.84 per share.
| Cash & Cash Equivalents | 1.21B |
| Total Debt | 1.58B |
| Net Cash | -261.32M |
| Net Cash Per Share | -$1.84 |
| Equity (Book Value) | 2.79B |
| Book Value Per Share | 19.60 |
| Working Capital | 2.54B |
Cash Flow
In the last 12 months, operating cash flow was $352.18 million and capital expenditures -$146.93 million, giving a free cash flow of $205.25 million.
| Operating Cash Flow | 352.18M |
| Capital Expenditures | -146.93M |
| Free Cash Flow | 205.25M |
| FCF Per Share | $1.44 |
Margins
Gross margin is 42.58%, with operating and profit margins of 4.54% and 1.95%.
| Gross Margin | 42.58% |
| Operating Margin | 4.54% |
| Pretax Margin | 2.89% |
| Profit Margin | 1.95% |
| EBITDA Margin | 7.85% |
| EBIT Margin | 4.54% |
| FCF Margin | 5.07% |
Dividends & Yields
Ciena does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 1.66% |
| Shareholder Yield | n/a |
| Earnings Yield | 0.90% |
| FCF Yield | 2.35% |
Analyst Forecast
The average price target for Ciena is $81.92, which is 33.07% higher than the current price. The consensus rating is "Buy".
| Price Target | $81.92 |
| Price Target Difference | 33.07% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on September 25, 2006. It was a reverse split with a ratio of 0.14286:1.
| Last Split Date | Sep 25, 2006 |
| Split Type | Reverse |
| Split Ratio | 0.14286:1 |
Scores
Ciena has an Altman Z-Score of 2.4 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.4 |
| Piotroski F-Score | 5 |