Ciena Corporation

$ 428.22 -1.95 %

Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions – including specialized hardware, software applications, and professional services – designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland.

CEO: Gary Smith - https://www.ciena.com

Price objectif

$493.42 15.23 %

Recommandation

Buy

DCF

$ 23.99

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CIEN vs S&P500

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Quick ratio

2.11

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

142.74

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

3.00

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

15.65 %

reflects reasonable profitability, showing good use of equity.

ROIC

11.93 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

9.97

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.55

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

5.87

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
8 indicates good financial health
Altman score
12.58 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.80 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.26 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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