ScoreWhy is Ciena Corp. ?
1
Company has a low Debt to Equity ratio (avg) at times
- OPERATING CASH FLOW(Y) Highest at USD 591.97 MM
- RAW MATERIAL COST(Y) Fallen by -0.97% (YoY)
- DEBT-EQUITY RATIO (HY) Lowest at 9.36 %
2
With ROCE of 6.94%, it has a very expensive valuation with a 3.44 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 231.06%, its profits have fallen by -38%
3
High Institutional Holdings at 100%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
4
Company is among the highest 1% of companies rated by MarketsMojo across all 4,000 stocks
5
Market Beating performance in long term as well as near term
- Along with generating 231.06% returns in the last 1 year, the stock has outperformed S&P 500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Ciena Corp. should be less than 10%
- Overall Portfolio exposure to Telecom - Equipment & Accessories should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Telecom - Equipment & Accessories)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ciena Corp. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Ciena Corp.
480.09%
7.18
59.71%
S&P 500
25.41%
0.70
20.15%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
8.57%
EBIT Growth (5y)
-4.22%
EBIT to Interest (avg)
6.64
Debt to EBITDA (avg)
0.55
Net Debt to Equity (avg)
0.11
Sales to Capital Employed (avg)
1.00
Tax Ratio
35.64%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
11.87%
ROE (avg)
8.47%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
166
Industry P/E
Price to Book Value
20.34
EV to EBIT
135.88
EV to EBITDA
99.98
EV to Capital Employed
18.72
EV to Sales
11.13
PEG Ratio
0.81
Dividend Yield
NA
ROCE (Latest)
13.78%
ROE (Latest)
12.22%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
Bullish
OBV
Mildly Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend43What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 1,032.76 MM
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
ROCE(HY)
Highest at 15.46%
INVENTORY TURNOVER RATIO(HY)
Highest at 3.94 times
NET SALES(Q)
Highest at USD 1,570.74 MM
OPERATING PROFIT(Q)
Highest at USD 283.89 MM
OPERATING PROFIT MARGIN(Q)
Highest at 18.07 %
PRE-TAX PROFIT(Q)
Highest at USD 231.64 MM
NET PROFIT(Q)
Highest at USD 218.77 MM
RAW MATERIAL COST(Y)
Fallen by -11.45% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 4.85 times
EPS(Q)
Highest at USD 1.49
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Ciena Corp.
Operating Cash Flow
Highest at USD 1,032.76 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Net Sales
Highest at USD 1,570.74 MM and Grown
In each period in the last five periodsMOJO Watch
Near term sales trend is very positive
Net Sales (USD MM)
Operating Profit
Highest at USD 283.89 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (USD MM)
Operating Profit Margin
Highest at 18.07 % and Grown
In each period in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at USD 231.64 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Pre-Tax Profit
At USD 231.64 MM has Grown at 142.42%
over average net sales of the previous four periods of USD 95.56 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Net Profit
Highest at USD 218.77 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Net Profit
At USD 218.77 MM has Grown at 156.38%
over average net sales of the previous four periods of USD 85.33 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Inventory Turnover Ratio
Highest at 3.94 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Net Sales
At USD 1,570.74 MM has Grown at 22.61%
over average net sales of the previous four periods of USD 1,281.07 MMMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
EPS
Highest at USD 1.49
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (USD)
Debtors Turnover Ratio
Highest at 4.85 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -11.45% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at USD 45.21 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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