Ciena Corp
NYSE:CIEN

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Ciena Corp
NYSE:CIEN
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Price: 212.93 USD 5.56% Market Closed
Market Cap: 30B USD

Relative Value

The Relative Value of one CIEN stock under the Base Case scenario is 117.01 USD. Compared to the current market price of 212.93 USD, Ciena Corp is Overvalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CIEN Relative Value
Base Case
117.01 USD
Overvaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
38
Median 3Y
2
Median 5Y
2.2
Industry
2.2
Forward
6.3
vs History
0
vs Industry
6
Median 3Y
46.6
Median 5Y
34.2
Industry
26.3
Forward
83.8
vs History
7
vs Industry
20
Median 3Y
19.3
Median 5Y
18.9
Industry
16
vs History
17
vs Industry
9
Median 3Y
41.3
Median 5Y
24.5
Industry
20.2
vs History
0
vs Industry
26
Median 3Y
2.8
Median 5Y
2.9
Industry
2.5
vs History
0
vs Industry
34
Median 3Y
2.1
Median 5Y
2.1
Industry
2.3
Forward
6.3
vs History
0
vs Industry
42
Median 3Y
4.8
Median 5Y
4.8
Industry
7.4
vs History
0
vs Industry
19
Median 3Y
19.4
Median 5Y
15.9
Industry
16.6
Forward
50.1
vs History
0
vs Industry
13
Median 3Y
29
Median 5Y
21.6
Industry
22.4
Forward
60.6
vs History
9
vs Industry
17
Median 3Y
19.9
Median 5Y
17.6
Industry
15.2
vs History
14
vs Industry
12
Median 3Y
27.1
Median 5Y
21.7
Industry
16
vs History
0
vs Industry
29
Median 3Y
2.1
Median 5Y
2.4
Industry
1.9

Multiples Across Competitors

CIEN Competitors Multiples
Ciena Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Ciena Corp
NYSE:CIEN
30.1B USD 6.6 213.6 77.5 119.2
JP
Nakayo Inc
TSE:6715
111.4T JPY 6 383.2 7 956 708 364 019 -1 113 898.2
US
Cisco Systems Inc
NASDAQ:CSCO
310.8B USD 5.4 30.1 20.3 24.3
US
Arista Networks Inc
NYSE:ANET
162.3B USD 19.2 48.3 41.3 42
CN
Zhongji Innolight Co Ltd
SZSE:300308
633.3B CNY 20.1 74.1 62.7 62.7
US
Motorola Solutions Inc
NYSE:MSI
61.9B USD 5.5 29.3 22 24.9
US
Ubiquiti Inc
NYSE:UI
35.2B USD 12.8 44.4 36.9 37.7
FI
Nokia Oyj
OMXH:NOKIA
28.6B EUR 1.4 30.8 11.3 21.6
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
301.2B SEK 1.3 12.2 7 9.2
CN
ZTE Corp
SZSE:000063
202B CNY 1.5 34.6 37.8 37.8
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
184.2B CNY 38.6 100.5 90.2 90.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Ciena Corp
NYSE:CIEN
Average EV/EBIT: 47
119.2
74%
1.6
JP
N
Nakayo Inc
TSE:6715
Negative Multiple: -1 113 898.2 N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
24.3
23%
1.1
US
Arista Networks Inc
NYSE:ANET
42
28%
1.5
CN
Zhongji Innolight Co Ltd
SZSE:300308
62.7
87%
0.7
US
Motorola Solutions Inc
NYSE:MSI
24.9
15%
1.7
US
Ubiquiti Inc
NYSE:UI
37.7
7%
5.4
FI
Nokia Oyj
OMXH:NOKIA
21.6
18%
1.2
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
9.2
10%
0.9
CN
ZTE Corp
SZSE:000063
37.8
1%
37.8
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
90.2
50%
1.8