Ciena Statistics
Total Valuation
Ciena has a market cap or net worth of $6.30 billion. The enterprise value is $6.53 billion.
| Market Cap | 6.30B |
| Enterprise Value | 6.53B |
Important Dates
The next estimated earnings date is Tuesday, June 4, 2024, before market open.
| Earnings Date | Jun 4, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Ciena has 144.60 million shares outstanding. The number of shares has decreased by -2.48% in one year.
| Shares Outstanding | 144.60M |
| Shares Change (YoY) | -2.48% |
| Shares Change (QoQ) | -1.40% |
| Owned by Insiders (%) | 0.98% |
| Owned by Institutions (%) | 96.53% |
| Float | 143.16M |
Valuation Ratios
The trailing PE ratio is 28.29 and the forward PE ratio is 20.41. Ciena's PEG ratio is 0.77.
| PE Ratio | 28.29 |
| Forward PE | 20.41 |
| PS Ratio | 1.44 |
| Forward PS | 1.50 |
| PB Ratio | 2.15 |
| P/FCF Ratio | 10.37 |
| PEG Ratio | 0.77 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.27, with an EV/FCF ratio of 10.76.
| EV / Earnings | 28.63 |
| EV / Sales | 1.50 |
| EV / EBITDA | 12.27 |
| EV / EBIT | 16.76 |
| EV / FCF | 10.76 |
Financial Position
The company has a current ratio of 4.29, with a Debt / Equity ratio of 0.55.
| Current Ratio | 4.29 |
| Quick Ratio | 2.66 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 3.01 |
| Debt / FCF | 2.64 |
| Interest Coverage | 4.06 |
Financial Efficiency
Return on equity (ROE) is 7.80% and return on invested capital (ROIC) is 6.12%.
| Return on Equity (ROE) | 7.80% |
| Return on Assets (ROA) | 4.00% |
| Return on Capital (ROIC) | 6.12% |
| Revenue Per Employee | $514,881 |
| Profits Per Employee | $26,893 |
| Employee Count | 8,483 |
| Asset Turnover | 0.77 |
| Inventory Turnover | 2.29 |
Taxes
In the past 12 months, Ciena has paid $65.70 million in taxes.
| Income Tax | 65.70M |
| Effective Tax Rate | 22.36% |
Stock Price Statistics
The stock price has decreased by -7.34% in the last 52 weeks. The beta is 1.00, so Ciena's price volatility has been similar to the market average.
| Beta (1Y) | 1.00 |
| 52-Week Price Change | -7.34% |
| 50-Day Moving Average | 51.94 |
| 200-Day Moving Average | 46.93 |
| Relative Strength Index (RSI) | 26.57 |
| Average Volume (30 Days) | 2,080,093 |
Short Selling Information
The latest short interest is 5.28 million, so 3.65% of the outstanding shares have been sold short.
| Short Interest | 5.28M |
| Short Previous Month | 6.00M |
| Short % of Shares Out | 3.65% |
| Short % of Float | 3.69% |
| Short Ratio (days to cover) | 1.83 |
Income Statement
In the last 12 months, Ciena had revenue of $4.37 billion and earned $228.13 million in profits. Earnings per share was $1.54.
| Revenue | 4.37B |
| Gross Profit | 1.89B |
| Operating Income | 356.96M |
| Pretax Income | 293.84M |
| Net Income | 228.13M |
| EBITDA | 532.24M |
| EBIT | 389.77M |
| Earnings Per Share (EPS) | $1.54 |
Balance Sheet
The company has $1.37 billion in cash and $1.60 billion in debt, giving a net cash position of -$232.70 million or -$1.61 per share.
| Cash & Cash Equivalents | 1.37B |
| Total Debt | 1.60B |
| Net Cash | -232.70M |
| Net Cash Per Share | -$1.61 |
| Equity / Book Value | 2.92B |
| Book Value Per Share | 20.22 |
| Working Capital | 2.77B |
Cash Flow
In the last 12 months, operating cash flow was $700.05 million and capital expenditures -$92.77 million, giving a free cash flow of $607.28 million.
| Operating Cash Flow | 700.05M |
| Capital Expenditures | -92.77M |
| Free Cash Flow | 607.28M |
| FCF Per Share | $4.18 |
Margins
Gross margin is 43.27%, with operating and profit margins of 8.17% and 5.22%.
| Gross Margin | 43.27% |
| Operating Margin | 8.17% |
| Pretax Margin | 6.73% |
| Profit Margin | 5.22% |
| EBITDA Margin | 12.19% |
| EBIT Margin | 8.92% |
| FCF Margin | 13.90% |
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 | 2.48% |
| Shareholder Yield | 2.48% |
| Earnings Yield | 3.62% |
| FCF Yield | 9.64% |
Analyst Forecast
The average price target for Ciena is $58.57, which is 34.46% higher than the current price. The consensus rating is "Buy".
| Price Target | $58.57 |
| Price Target Difference | 34.46% |
| 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 1:7.
| Last Split Date | Sep 25, 2006 |
| Split Type | Reverse |
| Split Ratio | 1:7 |
Scores
Ciena has an Altman Z-Score of 2.19 and a Piotroski F-Score of 9. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.19 |
| Piotroski F-Score | 9 |