CIENA CORP (CIE1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CIE1 - US1717793095 - Common Stock
212.9 EUR
-1.4 (-0.65%)
Overall CIE1 gets a fundamental rating of 5 out of 10. We evaluated CIE1 against 31 industry peers in the Communications Equipment industry. CIE1 has an excellent financial health rating, but there are some minor concerns on its profitability. While showing a medium growth rate, CIE1 is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- CIE1 had positive earnings in the past year.
- CIE1 had a positive operating cash flow in the past year.
- In the past 5 years CIE1 has always been profitable.
- CIE1 had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- CIE1 has a Return On Assets (2.10%) which is in line with its industry peers.
- The Return On Equity of CIE1 (4.52%) is comparable to the rest of the industry.
- The Return On Invested Capital of CIE1 (5.08%) is better than 67.74% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CIE1 is significantly below the industry average of 11.39%.
- The last Return On Invested Capital (5.08%) for CIE1 is above the 3 year average (4.76%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
- CIE1 has a Profit Margin (2.59%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of CIE1 has declined.
- The Operating Margin of CIE1 (6.52%) is better than 70.97% of its industry peers.
- CIE1's Operating Margin has declined in the last couple of years.
- CIE1 has a Gross Margin (42.04%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of CIE1 has declined.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CIE1 is destroying value.
- The number of shares outstanding for CIE1 has been reduced compared to 1 year ago.
- Compared to 5 years ago, CIE1 has less shares outstanding
- The debt/assets ratio for CIE1 has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 7.37 indicates that CIE1 is not in any danger for bankruptcy at the moment.
- CIE1 has a better Altman-Z score (7.37) than 80.65% 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's Debt to FCF ratio of 2.31 is fine compared to the rest of the industry. CIE1 outperforms 64.52% 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 Debt to Equity ratio of 0.56. This is in the lower half of the industry: CIE1 underperforms 61.29% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 2.31 | ||
| Altman-Z | 7.37 |
ROIC/WACC0.54
WACC9.46%
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 74.19% of its industry peers.
- A Quick Ratio of 2.12 indicates that CIE1 has no problem at all paying its short term obligations.
- CIE1 has a better Quick ratio (2.12) than 77.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.73 | ||
| Quick Ratio | 2.12 |
3. Growth
3.1 Past
- CIE1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.05%, which is quite impressive.
- CIE1 shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.13% yearly.
- CIE1 shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.79%.
- CIE1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.19% yearly.
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 48.77% on average per year.
- CIE1 is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.43% yearly.
EPS Next Y106.21%
EPS Next 2Y62.18%
EPS Next 3Y48.77%
EPS Next 5YN/A
Revenue Next Year26.29%
Revenue Next 2Y21%
Revenue Next 3Y18.49%
Revenue Next 5Y14.43%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- CIE1 is valuated quite expensively with a Price/Earnings ratio of 93.79.
- CIE1's Price/Earnings ratio is in line with the industry average.
- CIE1 is valuated expensively when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 45.43, CIE1 can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, CIE1 is valued a bit more expensive than 61.29% of the companies in the same industry.
- CIE1's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 93.79 | ||
| Fwd PE | 45.43 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CIE1 is valued a bit more expensive than 61.29% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CIE1 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.44 | ||
| EV/EBITDA | 77.36 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as CIE1's earnings are expected to grow with 48.77% in the coming years.
PEG (NY)0.88
PEG (5Y)N/A
EPS Next 2Y62.18%
EPS Next 3Y48.77%
5. Dividend
5.1 Amount
- CIE1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:CIE1 (1/16/2026, 7:00:00 PM)
212.9
-1.4 (-0.65%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)12-11 2025-12-11/bmo
Earnings (Next)03-09 2026-03-09/bmo
Inst Owners102.21%
Inst Owner ChangeN/A
Ins Owners0.74%
Ins Owner ChangeN/A
Market Cap30.03B
Revenue(TTM)4.77B
Net Income(TTM)123.34M
Analysts80
Price Target208.08 (-2.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)56.46%
PT rev (3m)253.46%
EPS NQ rev (1m)3%
EPS NQ rev (3m)N/A
EPS NY rev (1m)22.52%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)1.93%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)8.11%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 93.79 | ||
| Fwd PE | 45.43 | ||
| P/S | 7.31 | ||
| P/FCF | 52.44 | ||
| P/OCF | 43.28 | ||
| P/B | 12.78 | ||
| P/tB | 17.59 | ||
| EV/EBITDA | 77.36 |
EPS(TTM)2.27
EY1.07%
EPS(NY)4.69
Fwd EY2.2%
FCF(TTM)4.06
FCFY1.91%
OCF(TTM)4.92
OCFY2.31%
SpS29.11
BVpS16.66
TBVpS12.11
PEG (NY)0.88
PEG (5Y)N/A
Graham Number29.17
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 7.37 |
F-Score7
WACC9.46%
ROIC/WACC0.54
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 2Y62.18%
EPS Next 3Y48.77%
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%
Revenue Next 3Y18.49%
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 4 / 10.
Can you provide the PE and PB ratios for CIE1 stock?
The Price/Earnings (PE) ratio for CIENA CORP (CIE1.DE) is 93.79 and the Price/Book (PB) ratio is 12.78.