Ciena Corp Stock Fundamentals

CIEN Stock  USD 73.15  2.10  2.96%   
Ciena Corp fundamentals help investors to digest information that contributes to Ciena Corp's financial success or failures. It also enables traders to predict the movement of Ciena Stock. The fundamental analysis module provides a way to measure Ciena Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ciena Corp stock.
At this time, Ciena Corp's Operating Income is very stable compared to the past year. As of the 4th of December 2024, EBIT is likely to grow to about 464.7 M, while Total Operating Expenses is likely to drop about 884.4 M.
  
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Ciena Corp Company Operating Margin Analysis

Ciena Corp's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Operating Margin

 = 

Operating Income

Revenue

X

100

More About Operating Margin | All Equity Analysis

Current Ciena Corp Operating Margin

    
  0.03 %  
Most of Ciena Corp's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ciena Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Competition

Ciena Pretax Profit Margin

Pretax Profit Margin

0.14

At this time, Ciena Corp's Pretax Profit Margin is very stable compared to the past year.
Based on the recorded statements, Ciena Corp has an Operating Margin of 0.0298%. This is 100.34% lower than that of the Communications Equipment sector and 100.3% lower than that of the Information Technology industry. The operating margin for all United States stocks is 100.54% lower than that of the firm.

Ciena Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ciena Corp's current stock value. Our valuation model uses many indicators to compare Ciena Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ciena Corp competition to find correlations between indicators driving Ciena Corp's intrinsic value. More Info.
Ciena Corp is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ciena Corp is roughly  1.88 . At this time, Ciena Corp's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ciena Corp's earnings, one of the primary drivers of an investment's value.

Ciena Corp's Earnings Breakdown by Geography

Ciena Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ciena Corp's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ciena Corp could also be used in its relative valuation, which is a method of valuing Ciena Corp by comparing valuation metrics of similar companies.
Ciena Corp is currently under evaluation in operating margin category among its peers.

Ciena Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ciena Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ciena Corp's managers, analysts, and investors.
Environmental
Governance
Social

Ciena Fundamentals

About Ciena Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ciena Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ciena Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ciena Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue177.6 M186.5 M
Total RevenueB5.3 B
Cost Of Revenue2.9 BB
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.05  0.09 
Research And Ddevelopement To Revenue 0.15  0.26 
Capex To Revenue 0.02  0.02 
Revenue Per Share 22.89  13.40 
Ebit Per Revenue 0.14  0.14 

Pair Trading with Ciena Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ciena Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ciena Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ciena Stock

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  0.87MSI Motorola SolutionsPairCorr

Moving against Ciena Stock

  0.59CLFD ClearfieldPairCorr
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  0.34JNPR Juniper NetworksPairCorr
The ability to find closely correlated positions to Ciena Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ciena Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ciena Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ciena Corp to buy it.
The correlation of Ciena Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ciena Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ciena Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ciena Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ciena Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ciena Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ciena Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ciena Corp Stock:
Check out Ciena Corp Piotroski F Score and Ciena Corp Altman Z Score analysis.
To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ciena Corp. If investors know Ciena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ciena Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.94
Revenue Per Share
27.627
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0252
The market value of Ciena Corp is measured differently than its book value, which is the value of Ciena that is recorded on the company's balance sheet. Investors also form their own opinion of Ciena Corp's value that differs from its market value or its book value, called intrinsic value, which is Ciena Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ciena Corp's market value can be influenced by many factors that don't directly affect Ciena Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ciena Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciena Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciena Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.