Ciena Statistics
Total Valuation
Ciena has a market cap or net worth of $9.62 billion. The enterprise value is $10.09 billion.
| Market Cap | 9.62B |
| Enterprise Value | 10.09B |
Important Dates
The next confirmed earnings date is Thursday, December 12, 2024, before market open.
| Earnings Date | Dec 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Ciena has 144.43 million shares outstanding. The number of shares has decreased by -2.25% in one year.
| Current Share Class | 144.43M |
| Shares Outstanding | 144.43M |
| Shares Change (YoY) | -2.25% |
| Shares Change (QoQ) | +0.31% |
| Owned by Insiders (%) | 0.83% |
| Owned by Institutions (%) | 100.66% |
| Float | 143.11M |
Valuation Ratios
The trailing PE ratio is 70.22 and the forward PE ratio is 26.73. Ciena's PEG ratio is 1.55.
| PE Ratio | 70.22 |
| Forward PE | 26.73 |
| PS Ratio | 2.43 |
| Forward PS | 2.16 |
| PB Ratio | 3.36 |
| P/TBV Ratio | 4.24 |
| P/FCF Ratio | 33.74 |
| P/OCF Ratio | 26.64 |
| PEG Ratio | 1.55 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.70, with an EV/FCF ratio of 35.44.
| EV / Earnings | 73.06 |
| EV / Sales | 2.51 |
| EV / EBITDA | 27.70 |
| EV / EBIT | 44.28 |
| EV / FCF | 35.44 |
Financial Position
The company has a current ratio of 4.06, with a Debt / Equity ratio of 0.55.
| Current Ratio | 4.06 |
| Quick Ratio | 2.51 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 4.19 |
| Debt / FCF | 5.61 |
| Interest Coverage | 2.37 |
Financial Efficiency
Return on equity (ROE) is 4.73% and return on invested capital (ROIC) is 3.15%.
| Return on Equity (ROE) | 4.73% |
| Return on Assets (ROA) | 2.52% |
| Return on Capital (ROIC) | 3.15% |
| Revenue Per Employee | $473,928 |
| Profits Per Employee | $16,283 |
| Employee Count | 8,483 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 2.14 |
Taxes
In the past 12 months, Ciena has paid $4.22 million in taxes.
| Income Tax | 4.22M |
| Effective Tax Rate | 2.96% |
Stock Price Statistics
The stock price has increased by +48.97% 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 | +48.97% |
| 50-Day Moving Average | 64.12 |
| 200-Day Moving Average | 53.80 |
| Relative Strength Index (RSI) | 51.60 |
| Average Volume (20 Days) | 1,532,951 |
Short Selling Information
The latest short interest is 6.03 million, so 4.18% of the outstanding shares have been sold short.
| Short Interest | 6.03M |
| Short Previous Month | 5.89M |
| Short % of Shares Out | 4.18% |
| Short % of Float | 4.22% |
| Short Ratio (days to cover) | 2.98 |
Income Statement
In the last 12 months, Ciena had revenue of $4.02 billion and earned $138.13 million in profits. Earnings per share was $0.95.
| Revenue | 4.02B |
| Gross Profit | 1.75B |
| Operating Income | 227.91M |
| Pretax Income | 190.33M |
| Net Income | 138.13M |
| EBITDA | 364.27M |
| EBIT | 227.91M |
| Earnings Per Share (EPS) | $0.95 |
Balance Sheet
The company has $1.10 billion in cash and $1.60 billion in debt, giving a net cash position of -$383.62 million or -$2.66 per share.
| Cash & Cash Equivalents | 1.10B |
| Total Debt | 1.60B |
| Net Cash | -383.62M |
| Net Cash Per Share | -$2.66 |
| Equity (Book Value) | 2.89B |
| Book Value Per Share | 20.02 |
| Working Capital | 2.67B |
Cash Flow
In the last 12 months, operating cash flow was $360.64 million and capital expenditures -$75.87 million, giving a free cash flow of $284.77 million.
| Operating Cash Flow | 360.64M |
| Capital Expenditures | -75.87M |
| Free Cash Flow | 284.77M |
| FCF Per Share | $1.97 |
Margins
Gross margin is 43.43%, with operating and profit margins of 5.67% and 3.44%.
| Gross Margin | 43.43% |
| Operating Margin | 5.67% |
| Pretax Margin | 3.54% |
| Profit Margin | 3.44% |
| EBITDA Margin | 9.06% |
| EBIT Margin | 5.67% |
| 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 | 2.25% |
| Shareholder Yield | 2.25% |
| Earnings Yield | 1.44% |
| FCF Yield | 2.96% |
Analyst Forecast
The average price target for Ciena is $63.21, which is -5.06% lower than the current price. The consensus rating is "Buy".
| Price Target | $63.21 |
| Price Target Difference | -5.06% |
| 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 2.14 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.14 |
| Piotroski F-Score | 7 |