Ciena Statistics
Total Valuation
Ciena has a market cap or net worth of $12.42 billion. The enterprise value is $12.72 billion.
| Market Cap | 12.42B |
| Enterprise Value | 12.72B |
Important Dates
The last earnings date was Thursday, December 12, 2024, before market open.
| Earnings Date | Dec 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Ciena has 142.12 million shares outstanding. The number of shares has decreased by -2.29% in one year.
| Current Share Class | 142.12M |
| Shares Outstanding | 142.12M |
| Shares Change (YoY) | -2.29% |
| Shares Change (QoQ) | +0.77% |
| Owned by Insiders (%) | 0.86% |
| Owned by Institutions (%) | 101.83% |
| Float | 141.32M |
Valuation Ratios
The trailing PE ratio is 150.66 and the forward PE ratio is 36.40. Ciena's PEG ratio is 1.07.
| PE Ratio | 150.66 |
| Forward PE | 36.40 |
| PS Ratio | 3.15 |
| Forward PS | 2.83 |
| PB Ratio | 4.43 |
| P/TBV Ratio | 5.64 |
| P/FCF Ratio | 32.86 |
| P/OCF Ratio | 24.13 |
| PEG Ratio | 1.07 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 39.17, with an EV/FCF ratio of 33.66.
| EV / Earnings | 151.49 |
| EV / Sales | 3.17 |
| EV / EBITDA | 39.17 |
| EV / EBIT | 66.51 |
| EV / FCF | 33.66 |
Financial Position
The company has a current ratio of 3.54, with a Debt / Equity ratio of 0.58.
| Current Ratio | 3.54 |
| Quick Ratio | 2.33 |
| Debt / Equity | 0.58 |
| Debt / EBITDA | 4.78 |
| Debt / FCF | 4.32 |
| Interest Coverage | 1.97 |
Financial Efficiency
Return on equity (ROE) is 2.96% and return on invested capital (ROIC) is 2.67%.
| Return on Equity (ROE) | 2.96% |
| Return on Assets (ROA) | 2.13% |
| Return on Capital (ROIC) | 2.67% |
| Revenue Per Employee | $473,294 |
| Profits Per Employee | $9,897 |
| Employee Count | 8,483 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 2.45 |
Taxes
In the past 12 months, Ciena has paid $35.89 million in taxes.
| Income Tax | 35.89M |
| Effective Tax Rate | 29.95% |
Stock Price Statistics
The stock price has increased by +99.95% in the last 52 weeks. The beta is 0.94, so Ciena's price volatility has been similar to the market average.
| Beta (5Y) | 0.94 |
| 52-Week Price Change | +99.95% |
| 50-Day Moving Average | 70.96 |
| 200-Day Moving Average | 55.97 |
| Relative Strength Index (RSI) | 67.92 |
| Average Volume (20 Days) | 2,717,489 |
Short Selling Information
The latest short interest is 6.26 million, so 4.40% of the outstanding shares have been sold short.
| Short Interest | 6.26M |
| Short Previous Month | 6.03M |
| Short % of Shares Out | 4.40% |
| Short % of Float | 4.43% |
| Short Ratio (days to cover) | 4.34 |
Income Statement
In the last 12 months, Ciena had revenue of $4.01 billion and earned $83.96 million in profits. Earnings per share was $0.58.
| Revenue | 4.01B |
| Gross Profit | 1.72B |
| Operating Income | 191.21M |
| Pretax Income | 190.33M |
| Net Income | 83.96M |
| EBITDA | 324.68M |
| EBIT | 191.21M |
| Earnings Per Share (EPS) | $0.58 |
Balance Sheet
The company has $1.25 billion in cash and $1.63 billion in debt, giving a net cash position of -$300.13 million or -$2.11 per share.
| Cash & Cash Equivalents | 1.25B |
| Total Debt | 1.63B |
| Net Cash | -300.13M |
| Net Cash Per Share | -$2.11 |
| Equity (Book Value) | 2.82B |
| Book Value Per Share | 19.74 |
| Working Capital | 2.54B |
Cash Flow
In the last 12 months, operating cash flow was $514.53 million and capital expenditures -$136.64 million, giving a free cash flow of $377.89 million.
| Operating Cash Flow | 514.53M |
| Capital Expenditures | -136.64M |
| Free Cash Flow | 377.89M |
| FCF Per Share | $2.66 |
Margins
Gross margin is 42.83%, with operating and profit margins of 4.76% and 2.09%.
| Gross Margin | 42.83% |
| Operating Margin | 4.76% |
| Pretax Margin | 2.99% |
| Profit Margin | 2.09% |
| EBITDA Margin | 8.09% |
| EBIT Margin | 4.76% |
| FCF Margin | 9.41% |
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 | 2.29% |
| Shareholder Yield | 2.29% |
| Earnings Yield | 0.68% |
| FCF Yield | 3.04% |
Analyst Forecast
The average price target for Ciena is $77.07, which is -11.80% lower than the current price. The consensus rating is "Buy".
| Price Target | $77.07 |
| Price Target Difference | -11.80% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| 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 2.12 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.12 |
| Piotroski F-Score | 5 |