Company Valuation: Ciena Corporation

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,561 7,105 6,258 9,239 26,789 51,006 - -
Change - -17.01% -11.92% 47.63% 189.96% 90.4% - -
Enterprise Value (EV) 1 7,635 7,025 6,698 9,533 27,017 51,035 50,239 48,731
Change - -7.99% -4.65% 42.32% 183.42% 88.9% -1.56% -3%
P/E 17.3x 48x 24.8x 110x 223x 69x 44.6x 31.7x
PBR 2.83x 2.62x 2.15x 3.24x 9.81x 16.1x 12x 8.41x
PEG - -0.7x 0.3x -1.7x 4.8x 0x 0.8x 0.8x
Capitalization / Revenue 2.36x 1.96x 1.43x 2.3x 5.62x 8.05x 6.37x 5.03x
EV / Revenue 2.11x 1.93x 1.53x 2.37x 5.66x 8.06x 6.27x 4.8x
EV / EBITDA 10.9x 14x 10.1x 19.8x 42.4x 37.1x 25.3x 17.5x
EV / EBIT 12.6x 17.3x 11.7x 24.6x 50.7x 41.4x 27.7x 18.3x
EV / FCF 16.5x -27.2x 108x 25.2x 40.6x 91.4x 49.5x 26.5x
FCF Yield 6.05% -3.68% 0.93% 3.96% 2.46% 1.09% 2.02% 3.77%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.19 1 1.71 0.58 0.85 5.219 8.084 11.35
Distribution rate - - - - - - - -
Net sales 1 3,621 3,633 4,387 4,015 4,770 6,334 8,013 10,149
EBITDA 1 702.8 502.4 665.8 481 636.7 1,375 1,985 2,786
EBIT 1 606.7 406.5 573.3 388.2 532.5 1,231 1,812 2,662
Net income 1 500.2 152.9 254.8 83.96 123.3 761.4 1,150 1,587
Net Debt 1 -926.7 -80.29 439.7 293.6 227.6 29.6 -766.9 -2,275
Reference price 2 55.26 47.96 42.33 63.97 189.92 360.33 360.33 360.33
Nbr of stocks (in thousands) 154,929 148,142 147,842 144,427 141,056 141,553 - -
Announcement Date 12/9/21 12/8/22 12/7/23 12/12/24 12/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
69.05x8.06x37.11x-.--% 51.01B
33.76x7.07x18.27x1.51% 433B
49.91x17.63x35.38x-.--% 239B
21.22x0.85x15.22x2.18% 186B
27.74x9.15x22.1x0.46% 150B
40.99x12.14x27.52x-.--% 77.94B
35.65x6.88x19.66x0.95% 81.3B
41.02x2.16x14.07x1.75% 55.69B
27.49x6.2x20.74x1.5% 53.07B
18.28x2.86x12.27x4.02% 48.98B
Average 36.51x 7.30x 22.23x 1.24% 137.48B
Weighted average by Cap. 35.54x 8.22x 22.26x 1.15%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CIEN Stock
  4. Valuation Ciena Corporation