CIENA CORP (CIE1.DE) Fundamental Analysis & Valuation

FRA:CIE1 • US1717793095

Current stock price

320.9 EUR
-4.5 (-1.38%)
Last:

This CIE1.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. CIE1.DE Profitability Analysis

1.1 Basic Checks

  • In the past year CIE1 was profitable.
  • CIE1 had a positive operating cash flow in the past year.
  • CIE1 had positive earnings in each of the past 5 years.
  • 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

  • CIE1 has a Return On Assets of 3.89%. This is in the better half of the industry: CIE1 outperforms 65.63% of its industry peers.
  • CIE1 has a better Return On Equity (8.20%) than 65.63% of its industry peers.
  • CIE1 has a better Return On Invested Capital (6.75%) than 68.75% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for CIE1 is significantly below the industry average of 11.02%.
  • The 3 year average ROIC (4.76%) for CIE1 is below the current ROIC(6.75%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.89%
ROE 8.2%
ROIC 6.75%
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 better Profit Margin (4.47%) than 65.63% of its industry peers.
  • CIE1's Profit Margin has declined in the last couple of years.
  • With a decent Operating Margin value of 8.19%, CIE1 is doing good in the industry, outperforming 71.88% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CIE1 has declined.
  • The Gross Margin of CIE1 (42.13%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of CIE1 has declined.
Industry RankSector Rank
OM 8.19%
PM (TTM) 4.47%
GM 42.13%
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. CIE1.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CIE1 is destroying value.
  • CIE1 has less shares outstanding than it did 1 year ago.
  • CIE1 has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for CIE1 has been reduced compared to a year ago.
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

  • CIE1 has an Altman-Z score of 10.95. This indicates that CIE1 is financially healthy and has little risk of bankruptcy at the moment.
  • CIE1's Altman-Z score of 10.95 is amongst the best of the industry. CIE1 outperforms 84.38% of its industry peers.
  • CIE1 has a debt to FCF ratio of 2.08. This is a good value and a sign of high solvency as CIE1 would need 2.08 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.08, CIE1 is in the better half of the industry, outperforming 71.88% of the companies in the same industry.
  • CIE1 has a Debt/Equity ratio of 0.55. This is a neutral value indicating CIE1 is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.55, CIE1 is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
  • Although CIE1's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. 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 0.55
Debt/FCF 2.08
Altman-Z 10.95
ROIC/WACC0.77
WACC8.82%
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 2.81. This indicates that CIE1 is financially healthy and has no problem in meeting its short term obligations.
  • CIE1 has a better Current ratio (2.81) than 78.13% of its industry peers.
  • CIE1 has a Quick Ratio of 2.18. This indicates that CIE1 is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Quick ratio value of 2.18, CIE1 is doing good in the industry, outperforming 78.13% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.81
Quick Ratio 2.18
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

7

3. CIE1.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 86.11% over the past year.
  • The Earnings Per Share has been decreasing by -2.13% on average over the past years.
  • CIE1 shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.54%.
  • CIE1 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.19% yearly.
EPS 1Y (TTM)86.11%
EPS 3Y11.01%
EPS 5Y-2.13%
EPS Q2Q%110.94%
Revenue 1Y (TTM)26.54%
Revenue growth 3Y9.5%
Revenue growth 5Y6.19%
Sales Q2Q%33.08%

3.2 Future

  • The Earnings Per Share is expected to grow by 49.14% on average over the next years. This is a very strong growth
  • 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 2Y62.32%
EPS Next 3Y49.14%
EPS Next 5YN/A
Revenue Next Year29.89%
Revenue Next 2Y24.74%
Revenue Next 3Y22.72%
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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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

More info and screens

Find the best growth stocksShow best growing peers

3

4. CIE1.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 110.27, which means the current valuation is very expensive for CIE1.
  • CIE1's Price/Earnings ratio is in line with the industry average.
  • CIE1's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.35.
  • With a Price/Forward Earnings ratio of 53.05, CIE1 can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CIE1 is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of CIE1 to the average of the S&P500 Index (22.61), we can say CIE1 is valued expensively.
Industry RankSector Rank
PE 110.27
Fwd PE 53.05
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIE1 is on the same level as its industry peers.
  • CIE1's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 70.29
EV/EBITDA 91.56
CIE1.DE Per share dataCIE1.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • CIE1's earnings are expected to grow with 49.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.04
PEG (5Y)N/A
EPS Next 2Y62.32%
EPS Next 3Y49.14%

More info and screens

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

0

5. CIE1.DE Dividend Analysis

5.1 Amount

  • CIE1 does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CIE1.DE Fundamentals: All Metrics, Ratios and Statistics

CIENA CORP

FRA:CIE1 (3/31/2026, 7:00:00 PM)

320.9

-4.5 (-1.38%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)03-05
Earnings (Next)06-03
Inst Owners99.41%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap45.38B
Revenue(TTM)5.12B
Net Income(TTM)229.05M
Analysts78.33
Price Target216.6 (-32.5%)
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)14.38%
Min EPS beat(2)13.12%
Max EPS beat(2)15.65%
EPS beat(4)3
Avg EPS beat(4)8.2%
Min EPS beat(4)-20.72%
Max EPS beat(4)24.77%
EPS beat(8)6
Avg EPS beat(8)22.4%
EPS beat(12)10
Avg EPS beat(12)21.03%
EPS beat(16)12
Avg EPS beat(16)62.17%
Revenue beat(2)1
Avg Revenue beat(2)1.37%
Min Revenue beat(2)0%
Max Revenue beat(2)2.73%
Revenue beat(4)3
Avg Revenue beat(4)1.4%
Min Revenue beat(4)0%
Max Revenue beat(4)2.73%
Revenue beat(8)3
Avg Revenue beat(8)0.58%
Revenue beat(12)6
Avg Revenue beat(12)0.69%
Revenue beat(16)8
Avg Revenue beat(16)1.27%
PT rev (1m)1.15%
PT rev (3m)5.27%
EPS NQ rev (1m)20.81%
EPS NQ rev (3m)20.81%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)4.57%
Revenue NQ rev (3m)4.57%
Revenue NY rev (1m)2.85%
Revenue NY rev (3m)2.85%
Valuation
Industry RankSector Rank
PE 110.27
Fwd PE 53.05
P/S 10.18
P/FCF 70.29
P/OCF 56.1
P/B 18.68
P/tB 25.35
EV/EBITDA 91.56
EPS(TTM)2.91
EY0.91%
EPS(NY)6.05
Fwd EY1.89%
FCF(TTM)4.57
FCFY1.42%
OCF(TTM)5.72
OCFY1.78%
SpS31.52
BVpS17.18
TBVpS12.66
PEG (NY)1.04
PEG (5Y)N/A
Graham Number33.53
Profitability
Industry RankSector Rank
ROA 3.89%
ROE 8.2%
ROCE 9.06%
ROIC 6.75%
ROICexc 9.38%
ROICexgc 12.03%
OM 8.19%
PM (TTM) 4.47%
GM 42.13%
FCFM 14.48%
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 Turnover0.87
Health
Industry RankSector Rank
Debt/Equity 0.55
Debt/FCF 2.08
Debt/EBITDA 2.67
Cap/Depr 124.61%
Cap/Sales 3.66%
Interest Coverage 5.48
Cash Conversion 163.01%
Profit Quality 324.04%
Current Ratio 2.81
Quick Ratio 2.18
Altman-Z 10.95
F-Score7
WACC8.82%
ROIC/WACC0.77
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)86.11%
EPS 3Y11.01%
EPS 5Y-2.13%
EPS Q2Q%110.94%
EPS Next Y106.21%
EPS Next 2Y62.32%
EPS Next 3Y49.14%
EPS Next 5YN/A
Revenue 1Y (TTM)26.54%
Revenue growth 3Y9.5%
Revenue growth 5Y6.19%
Sales Q2Q%33.08%
Revenue Next Year29.89%
Revenue Next 2Y24.74%
Revenue Next 3Y22.72%
Revenue Next 5Y14.43%
EBIT growth 1Y127.64%
EBIT growth 3Y6.51%
EBIT growth 5Y-9.56%
EBIT Next Year130.14%
EBIT Next 3Y53.26%
EBIT Next 5Y28.36%
FCF growth 1Y22.23%
FCF growth 3YN/A
FCF growth 5Y10.11%
OCF growth 1Y32.86%
OCF growth 3YN/A
OCF growth 5Y10.3%

CIENA CORP / CIE1.DE Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 6 / 10 to CIE1.DE.


What is the valuation status of CIENA CORP (CIE1.DE) stock?

ChartMill assigns a valuation rating of 3 / 10 to CIENA CORP (CIE1.DE). This can be considered as Overvalued.


What is the profitability of CIE1 stock?

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


What is the earnings growth outlook for CIENA CORP?

The Earnings per Share (EPS) of CIENA CORP (CIE1.DE) is expected to grow by 106.21% in the next year.