Ciena Statistics
Total Valuation
Ciena has a market cap or net worth of $6.79 billion. The enterprise value is $7.13 billion.
| Market Cap | 6.79B |
| Enterprise Value | 7.13B |
Important Dates
The last earnings date was Thursday, June 6, 2024, before market open.
| Earnings Date | Jun 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Ciena has 143.71 million shares outstanding. The number of shares has decreased by -3.49% in one year.
| Shares Outstanding | 143.71M |
| Shares Change (YoY) | -3.49% |
| Shares Change (QoQ) | -0.64% |
| Owned by Insiders (%) | 0.95% |
| Owned by Institutions (%) | 100.46% |
| Float | 142.26M |
Valuation Ratios
The trailing PE ratio is 45.43 and the forward PE ratio is 25.40. Ciena's PEG ratio is 0.77.
| PE Ratio | 45.43 |
| Forward PE | 25.40 |
| PS Ratio | 1.64 |
| Forward PS | 1.66 |
| PB Ratio | 2.36 |
| P/FCF Ratio | 15.19 |
| PEG Ratio | 0.77 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.75, with an EV/FCF ratio of 15.95.
| EV / Earnings | 46.41 |
| EV / Sales | 1.72 |
| EV / EBITDA | 16.75 |
| EV / EBIT | 24.91 |
| EV / FCF | 15.95 |
Financial Position
The company has a current ratio of 3.88, with a Debt / Equity ratio of 0.55.
| Current Ratio | 3.88 |
| Quick Ratio | 2.30 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 3.75 |
| Debt / FCF | 3.57 |
| Interest Coverage | 2.98 |
Financial Efficiency
Return on equity (ROE) is 5.30% and return on invested capital (ROIC) is 4.51%.
| Return on Equity (ROE) | 5.30% |
| Return on Assets (ROA) | 2.70% |
| Return on Capital (ROIC) | 4.51% |
| Revenue Per Employee | $488,731 |
| Profits Per Employee | $18,110 |
| Employee Count | 8,483 |
| Asset Turnover | 0.74 |
| Inventory Turnover | 2.22 |
Taxes
In the past 12 months, Ciena has paid $36.70 million in taxes.
| Income Tax | 36.70M |
| Effective Tax Rate | 19.28% |
Stock Price Statistics
The stock price has increased by +11.70% in the last 52 weeks. The beta is 0.99, so Ciena's price volatility has been similar to the market average.
| Beta (5Y) | 0.99 |
| 52-Week Price Change | +11.70% |
| 50-Day Moving Average | 47.74 |
| 200-Day Moving Average | 48.01 |
| Relative Strength Index (RSI) | 47.36 |
| Average Volume (20 Days) | 2,022,047 |
Short Selling Information
The latest short interest is 3.29 million, so 2.29% of the outstanding shares have been sold short.
| Short Interest | 3.29M |
| Short Previous Month | 5.49M |
| Short % of Shares Out | 2.29% |
| Short % of Float | 2.31% |
| Short Ratio (days to cover) | 1.88 |
Income Statement
In the last 12 months, Ciena had revenue of $4.15 billion and earned $153.63 million in profits. Earnings per share was $1.04.
| Revenue | 4.15B |
| Gross Profit | 1.79B |
| Operating Income | 250.18M |
| Pretax Income | 190.33M |
| Net Income | 153.63M |
| EBITDA | 425.66M |
| EBIT | 286.24M |
| Earnings Per Share (EPS) | $1.04 |
Balance Sheet
The company has $1.26 billion in cash and $1.60 billion in debt, giving a net cash position of -$340.08 million or -$2.37 per share.
| Cash & Cash Equivalents | 1.26B |
| Total Debt | 1.60B |
| Net Cash | -340.08M |
| Net Cash Per Share | -$2.37 |
| Equity (Book Value) | 2.88B |
| Book Value Per Share | 20.04 |
| Working Capital | 2.63B |
Cash Flow
In the last 12 months, operating cash flow was $528.71 million and capital expenditures -$81.66 million, giving a free cash flow of $447.05 million.
| Operating Cash Flow | 528.71M |
| Capital Expenditures | -81.66M |
| Free Cash Flow | 447.05M |
| FCF Per Share | $3.09 |
Margins
Gross margin is 43.20%, with operating and profit margins of 6.03% and 3.71%.
| Gross Margin | 43.20% |
| Operating Margin | 6.03% |
| Pretax Margin | 4.59% |
| Profit Margin | 3.71% |
| EBITDA Margin | 10.27% |
| EBIT Margin | 6.90% |
| FCF Margin | 10.78% |
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 | 3.49% |
| Shareholder Yield | 3.49% |
| Earnings Yield | 2.26% |
| FCF Yield | 6.58% |
Analyst Forecast
The average price target for Ciena is $57.46, which is 21.61% higher than the current price. The consensus rating is "Buy".
| Price Target | $57.46 |
| Price Target Difference | 21.61% |
| 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 1:7.
| Last Split Date | Sep 25, 2006 |
| Split Type | Reverse |
| Split Ratio | 1:7 |
Scores
Ciena has an Altman Z-Score of 2.12 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.12 |
| Piotroski F-Score | 8 |