CIENA CORP (CIE1.DE) Stock Fundamental Analysis

FRA:CIE1 • US1717793095

286.1 EUR
+1 (+0.35%)
Last: Feb 23, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Overall CIE1 gets a fundamental rating of 5 out of 10. We evaluated CIE1 against 30 industry peers in the Communications Equipment industry. CIE1 has an excellent financial health rating, but there are some minor concerns on its profitability. CIE1 is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year CIE1 was profitable.
  • In the past year CIE1 had a positive cash flow from operations.
  • In the past 5 years CIE1 has always been profitable.
  • CIE1 had a positive operating cash flow in 4 of the past 5 years.
CIE1.DE Yearly Net Income VS EBIT VS OCF VS FCFCIE1.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

1.2 Ratios

  • With a decent Return On Assets value of 2.10%, CIE1 is doing good in the industry, outperforming 63.33% of the companies in the same industry.
  • With a decent Return On Equity value of 4.52%, CIE1 is doing good in the industry, outperforming 63.33% of the companies in the same industry.
  • The Return On Invested Capital of CIE1 (5.08%) is better than 63.33% of its industry peers.
  • CIE1 had an Average Return On Invested Capital over the past 3 years of 4.76%. This is significantly below the industry average of 10.70%.
  • The 3 year average ROIC (4.76%) for CIE1 is below the current ROIC(5.08%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.1%
ROE 4.52%
ROIC 5.08%
ROA(3y)2.71%
ROA(5y)4.29%
ROE(3y)5.48%
ROE(5y)7.73%
ROIC(3y)4.76%
ROIC(5y)5.64%
CIE1.DE Yearly ROA, ROE, ROICCIE1.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

1.3 Margins

  • CIE1 has a Profit Margin of 2.59%. This is comparable to the rest of the industry: CIE1 outperforms 56.67% of its industry peers.
  • In the last couple of years the Profit Margin of CIE1 has declined.
  • With a decent Operating Margin value of 6.52%, CIE1 is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CIE1 has declined.
  • Looking at the Gross Margin, with a value of 42.04%, CIE1 is doing worse than 60.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of CIE1 has declined.
Industry RankSector Rank
OM 6.52%
PM (TTM) 2.59%
GM 42.04%
OM growth 3Y-2.73%
OM growth 5Y-14.83%
PM growth 3Y-14.99%
PM growth 5Y-24.04%
GM growth 3Y-0.72%
GM growth 5Y-2.12%
CIE1.DE Yearly Profit, Operating, Gross MarginsCIE1.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CIE1 is destroying value.
  • The number of shares outstanding for CIE1 has been reduced compared to 1 year ago.
  • CIE1 has less shares outstanding than it did 5 years ago.
  • CIE1 has a better debt/assets ratio than last year.
CIE1.DE Yearly Shares OutstandingCIE1.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
CIE1.DE Yearly Total Debt VS Total AssetsCIE1.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • An Altman-Z score of 9.78 indicates that CIE1 is not in any danger for bankruptcy at the moment.
  • CIE1's Altman-Z score of 9.78 is amongst the best of the industry. CIE1 outperforms 86.67% of its industry peers.
  • The Debt to FCF ratio of CIE1 is 2.31, which is a good value as it means it would take CIE1, 2.31 years of fcf income to pay off all of its debts.
  • CIE1 has a better Debt to FCF ratio (2.31) than 70.00% of its industry peers.
  • CIE1 has a Debt/Equity ratio of 0.56. This is a neutral value indicating CIE1 is somewhat dependend on debt financing.
  • CIE1 has a worse Debt to Equity ratio (0.56) than 70.00% of its industry peers.
  • Although CIE1 does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF 2.31
Altman-Z 9.78
ROIC/WACC0.53
WACC9.65%
CIE1.DE Yearly LT Debt VS Equity VS FCFCIE1.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • CIE1 has a Current Ratio of 2.73. This indicates that CIE1 is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of CIE1 (2.73) is better than 73.33% of its industry peers.
  • CIE1 has a Quick Ratio of 2.12. This indicates that CIE1 is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 2.12, CIE1 is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.73
Quick Ratio 2.12
CIE1.DE Yearly Current Assets VS Current LiabilitesCIE1.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 45.05% over the past year.
  • The Earnings Per Share has been decreasing by -2.13% on average over the past years.
  • The Revenue has grown by 18.79% in the past year. This is quite good.
  • The Revenue has been growing slightly by 6.19% on average over the past years.
EPS 1Y (TTM)45.05%
EPS 3Y11.01%
EPS 5Y-2.13%
EPS Q2Q%68.52%
Revenue 1Y (TTM)18.79%
Revenue growth 3Y9.5%
Revenue growth 5Y6.19%
Sales Q2Q%20.27%

3.2 Future

  • Based on estimates for the next years, CIE1 will show a very strong growth in Earnings Per Share. The EPS will grow by 48.40% on average per year.
  • Based on estimates for the next years, CIE1 will show a quite strong growth in Revenue. The Revenue will grow by 14.43% on average per year.
EPS Next Y106.21%
EPS Next 2Y61.93%
EPS Next 3Y48.4%
EPS Next 5YN/A
Revenue Next Year26.29%
Revenue Next 2Y21.07%
Revenue Next 3Y18.51%
Revenue Next 5Y14.43%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CIE1.DE Yearly Revenue VS EstimatesCIE1.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
CIE1.DE Yearly EPS VS EstimatesCIE1.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • CIE1 is valuated quite expensively with a Price/Earnings ratio of 127.72.
  • CIE1's Price/Earnings is on the same level as the industry average.
  • When comparing the Price/Earnings ratio of CIE1 to the average of the S&P500 Index (26.64), we can say CIE1 is valued expensively.
  • CIE1 is valuated quite expensively with a Price/Forward Earnings ratio of 61.93.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CIE1 indicates a slightly more expensive valuation: CIE1 is more expensive than 63.33% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of CIE1 to the average of the S&P500 Index (27.75), we can say CIE1 is valued expensively.
Industry RankSector Rank
PE 127.72
Fwd PE 61.93
CIE1.DE Price Earnings VS Forward Price EarningsCIE1.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CIE1 is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CIE1 indicates a slightly more expensive valuation: CIE1 is more expensive than 63.33% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 71.38
EV/EBITDA 105.29
CIE1.DE Per share dataCIE1.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • CIE1's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as CIE1's earnings are expected to grow with 48.40% in the coming years.
PEG (NY)1.2
PEG (5Y)N/A
EPS Next 2Y61.93%
EPS Next 3Y48.4%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for CIE1!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CIENA CORP

FRA:CIE1 (2/23/2026, 7:00:00 PM)

286.1

+1 (+0.35%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)12-11
Earnings (Next)03-05
Inst Owners102.21%
Inst Owner ChangeN/A
Ins Owners0.74%
Ins Owner ChangeN/A
Market Cap40.30B
Revenue(TTM)4.77B
Net Income(TTM)123.34M
Analysts78.33
Price Target214.14 (-25.15%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.21%
Min EPS beat(2)15.65%
Max EPS beat(2)24.77%
EPS beat(4)3
Avg EPS beat(4)18.11%
Min EPS beat(4)-20.72%
Max EPS beat(4)52.75%
EPS beat(8)6
Avg EPS beat(8)24.95%
EPS beat(12)10
Avg EPS beat(12)26.08%
EPS beat(16)12
Avg EPS beat(16)61.49%
Revenue beat(2)2
Avg Revenue beat(2)2.22%
Min Revenue beat(2)1.7%
Max Revenue beat(2)2.73%
Revenue beat(4)3
Avg Revenue beat(4)1.38%
Min Revenue beat(4)-0.07%
Max Revenue beat(4)2.73%
Revenue beat(8)3
Avg Revenue beat(8)0.56%
Revenue beat(12)7
Avg Revenue beat(12)1.35%
Revenue beat(16)8
Avg Revenue beat(16)1.05%
PT rev (1m)2.91%
PT rev (3m)263.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 127.72
Fwd PE 61.93
P/S 9.96
P/FCF 71.38
P/OCF 58.91
P/B 17.4
P/tB 23.94
EV/EBITDA 105.29
EPS(TTM)2.24
EY0.78%
EPS(NY)4.62
Fwd EY1.61%
FCF(TTM)4.01
FCFY1.4%
OCF(TTM)4.86
OCFY1.7%
SpS28.74
BVpS16.44
TBVpS11.95
PEG (NY)1.2
PEG (5Y)N/A
Graham Number28.79
Profitability
Industry RankSector Rank
ROA 2.1%
ROE 4.52%
ROCE 6.82%
ROIC 5.08%
ROICexc 7.13%
ROICexgc 9.25%
OM 6.52%
PM (TTM) 2.59%
GM 42.04%
FCFM 13.95%
ROA(3y)2.71%
ROA(5y)4.29%
ROE(3y)5.48%
ROE(5y)7.73%
ROIC(3y)4.76%
ROIC(5y)5.64%
ROICexc(3y)6.46%
ROICexc(5y)8.29%
ROICexgc(3y)8.08%
ROICexgc(5y)10.06%
ROCE(3y)6.39%
ROCE(5y)7.57%
ROICexgc growth 3Y6.23%
ROICexgc growth 5Y-15.58%
ROICexc growth 3Y2.33%
ROICexc growth 5Y-16.48%
OM growth 3Y-2.73%
OM growth 5Y-14.83%
PM growth 3Y-14.99%
PM growth 5Y-24.04%
GM growth 3Y-0.72%
GM growth 5Y-2.12%
F-Score7
Asset Turnover0.81
Health
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF 2.31
Debt/EBITDA 3.38
Cap/Depr 100.33%
Cap/Sales 2.95%
Interest Coverage 3.65
Cash Conversion 178.68%
Profit Quality 539.41%
Current Ratio 2.73
Quick Ratio 2.12
Altman-Z 9.78
F-Score7
WACC9.65%
ROIC/WACC0.53
Cap/Depr(3y)92.47%
Cap/Depr(5y)80.47%
Cap/Sales(3y)2.93%
Cap/Sales(5y)2.69%
Profit Quality(3y)337.97%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.05%
EPS 3Y11.01%
EPS 5Y-2.13%
EPS Q2Q%68.52%
EPS Next Y106.21%
EPS Next 2Y61.93%
EPS Next 3Y48.4%
EPS Next 5YN/A
Revenue 1Y (TTM)18.79%
Revenue growth 3Y9.5%
Revenue growth 5Y6.19%
Sales Q2Q%20.27%
Revenue Next Year26.29%
Revenue Next 2Y21.07%
Revenue Next 3Y18.51%
Revenue Next 5Y14.43%
EBIT growth 1Y62.04%
EBIT growth 3Y6.51%
EBIT growth 5Y-9.56%
EBIT Next Year128.95%
EBIT Next 3Y50.34%
EBIT Next 5Y28.36%
FCF growth 1Y76.05%
FCF growth 3YN/A
FCF growth 5Y10.11%
OCF growth 1Y56.67%
OCF growth 3YN/A
OCF growth 5Y10.3%

CIENA CORP / CIE1.DE FAQ

What is the ChartMill fundamental rating of CIENA CORP (CIE1.DE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to CIE1.DE.


Can you provide the valuation status for CIENA CORP?

ChartMill assigns a valuation rating of 2 / 10 to CIENA CORP (CIE1.DE). This can be considered as Overvalued.


Can you provide the profitability details for CIENA CORP?

CIENA CORP (CIE1.DE) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for CIE1 stock?

The Price/Earnings (PE) ratio for CIENA CORP (CIE1.DE) is 127.72 and the Price/Book (PB) ratio is 17.4.