CIEN

$252.98

Public overview and default valuation.

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Valuation Details
Default assumptions: 10Y forecast, 9% market return, 2.5% terminal growth, 7.22% trendline growth.
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$122.65

With 20% Margin of Safety (MoS):

$98.12
-61.21% downside
Capital Efficiency
Average Quarterly ROIC
2.63%
Cost of Capital (estimated)9%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.
Fundamental Score
34
BearishWeighted across 6 signals
DCF Discount
61.2% premium to price
0
FCF Yield
2.7% trailing FCF yield
16
ROIC vs WACC
ROIC 2.6% vs WACC 9.0% (0.3x)
15
Net Debt / FCF
0.2x net debt to FCF
95
Buybacks
Share count growing
30
FCF CAGR (5Y)
10.4% 5Y FCF CAGR
77
Strengths: Net Debt / FCF, FCF CAGR (5Y). Concerns: DCF Discount, FCF Yield.
Narrative Score
72
Improving
Weighted across 6 recent drivers · Last 30 daysVs 6-Month Baseline: High (86th pct)
Trend: Improving upConfidence: 100%Updated: 2h ago
Sources: 119 (News 100 · Analyst 19)
Drivers
77 news sentiment+2.0
19 regulatory scrutiny+0.2
Analyst downgrades-0.1
2 earnings beat+0.0
Downgrade headlines+0.0
Upgrade headlines+0.0
Other Metrics
P/E290.3
Profit Margin2.6%
Owner Earnings$404.48m
One Dollar Premise0.00%
Debt/Equity1.06
Current Ratio3.23
PEG-23.707
Free Cash Flow (in millions)
20062007200820092010201120122013201420152016201720182019202020212022202320242025
-$62$141$148$32-$178-$38$155$88$138$324$397$329$297$476$576$621-$77$275$651$947
How Intrinziq Estimates Fair Value

Intrinziq estimates Ciena Corporation's intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Ciena CorporationTechnology

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.

Last updated: Feb 06, 2026
Data sources: Financial Modeling Prep
This valuation is based on assumptions and publicly available data. It is not financial advice or a recommendation to buy or sell any security. Always do your own research before making investment decisions.