Last Price$74.7(6.1%)
Market Cap$11.2B
LTM Net Debt to Free Cash Flow
1.0x
5Y avg
(0.3x)
Communication Equipment industry
median
0.1x
Stock quality & Intrinsic value
6/10
(0.4%) overvalued
Ciena Corporation Net Debt to Free Cash Flow
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Oct'05 | Oct'06 | Oct'07 | Oct'08 | Oct'09 | Oct'10 | Oct'11 | Oct'12 | Oct'13 | Nov'14 | Oct'15 | Oct'16 | Oct'17 | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Nov'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Debt to Free Cash Flow | 1.0x | (0.3x) | (4.9x) | (1.3x) | 14.1x | (2.7x) | (6.3x) | 12.7x | 860.7x | 18.0x | 1.8x | 1.3x | 0.7x | (0.8x) | (0.7x) | (1.0x) | (1.7x) | (0.1x) | 8.7x | (1.9x) |
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Ciena Corporation (CIEN) Net Debt to Free Cash Flow comparison analysis
General
LTM Net Debt to Free Cash Flow
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Ciena CorporationCIEN
1.0x
(8.5%)
(66.1%)
2.1%
Median Peer Set
1.0x
(3.1%)
(8.5%)
7.1%
Credo Technology Group Holding LtdCRDO
12.4x
4.8%
63.6%
(14.7%)
Motorola Solutions, Inc.MSI
1.9x
8.4%
(7.6%)
14.6%
Hewlett Packard Enterprise CompanyHPE
1.7x
3.4%
25.0%
8.5%
Cisco Systems, Inc.CSCO
1.7x
(5.6%)
(17.2%)
19.2%
Zebra Technologies CorporationZBRA
1.5x
8.7%
78.0%
10.6%
Juniper Networks, Inc.JNPR
0.5x
(8.8%)
(9.3%)
5.7%
Ubiquiti Inc.UI
(0.1x)
(0.6%)
(14.2%)
18.1%
Telefonaktiebolaget LM Ericsson (publ)ERIC
(0.2x)
(7.8%)
N/A
(10.0%)
EchoStar CorporationSATS
(40.4x)
(7.0%)
(98.5%)
(0.2%)
Nokia OyjNOK
N/A
(8.3%)
(83.8%)
3.0%
CIEN key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Oct'05 | Oct'06 | Oct'07 | Oct'08 | Oct'09 | Oct'10 | Oct'11 | Oct'12 | Oct'13 | Nov'14 | Oct'15 | Oct'16 | Oct'17 | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Nov'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 427.3 43.0% | 564.1 32.0% | 779.8 38.2% | 902.4 15.7% | 652.6 (27.7%) | 1,236.6 89.5% | 1,742.0 40.9% | 1,833.9 5.3% | 2,082.5 13.6% | 2,288.3 9.9% | 2,445.7 6.9% | 2,600.6 6.3% | 2,801.7 7.7% | 3,094.3 10.4% | 3,572.1 15.4% | 3,532.2 (1.1%) | 3,620.7 2.5% | 3,632.7 0.3% | 4,386.5 20.8% | 4,015.0 (8.5%) |
| Cost of Goods Sold (COGS) | 291.1 | 306.3 | 417.5 | 451.5 | 367.8 | 739.1 | 1,032.8 | 1,109.7 | 1,217.4 | 1,339.9 | 1,370.1 | 1,439.0 | 1,555.9 | 1,779.6 | 2,030.1 | 1,879.3 | 1,898.7 | 2,072.3 | 2,507.7 | 2,295.4 |
% margin | 136.2 31.9% | 257.8 45.7% | 362.3 46.5% | 450.9 50.0% | 284.8 43.6% | 497.5 40.2% | 709.1 40.7% | 724.2 39.5% | 865.2 41.5% | 948.4 41.4% | 1,075.6 44.0% | 1,161.6 44.7% | 1,245.8 44.5% | 1,314.7 42.5% | 1,542.1 43.2% | 1,652.9 46.8% | 1,722.0 47.6% | 1,560.3 43.0% | 1,878.9 42.8% | 1,719.6 42.8% |
| Operating Expenses | 486.7 | 273.5 | 316.0 | 427.9 | 397.2 | 709.4 | 824.5 | 796.3 | 859.8 | 902.3 | 941.0 | 995.9 | 1,007.1 | 1,061.5 | 1,167.4 | 1,139.2 | 1,194.5 | 1,303.1 | 1,521.3 | 1,553.0 |
| Research & Development Expenses (R&D) | 137.2 | 111.1 | 127.3 | 175.0 | 190.3 | 327.6 | 379.9 | 364.2 | 383.4 | 401.2 | 414.2 | 451.8 | 475.3 | 491.6 | 548.1 | 529.9 | 536.7 | 624.7 | 750.6 | 767.5 |
| Selling, General & Administrative Expenses (SG&A) | 148.7 | 151.9 | 168.3 | 220.7 | 182.0 | 296.2 | 378.2 | 380.5 | 426.6 | 455.1 | 457.2 | 482.6 | 498.8 | 554.2 | 597.4 | 586.0 | 634.1 | 645.9 | 706.1 | 731.3 |
% margin | (431.7) (101.0%) | (31.4) (5.6%) | 48.7 6.2% | 21.9 2.4% | (579.2) (88.8%) | (321.8) (26.0%) | (163.2) (9.4%) | (79.8) (4.4%) | (1.8) (0.1%) | 45.7 2.0% | 100.4 4.1% | 156.2 6.0% | 214.7 7.7% | 229.9 7.4% | 346.8 9.7% | 487.0 13.8% | 495.4 13.7% | 222.8 6.1% | 357.5 8.2% | 166.6 4.1% |
| Interest Income | 0.0 | 0.0 | 0.0 | 36.8 | 9.5 | 3.9 | 6.0 | 16.0 | 0.6 | 0.4 | 1.2 | 4.1 | 6.6 | 13.7 | 3.9 | 6.9 | 2.1 | 6.7 | 45.0 | 62.1 |
| Interest Expense | 323.1 | 0.0 | 0.0 | 12.9 | 7.4 | 18.6 | 37.9 | 54.9 | 49.8 | 72.4 | 76.7 | 69.5 | 58.6 | 67.3 | 37.5 | 30.4 | 32.6 | 47.1 | 88.0 | 97.0 |
| Pre-tax Income | (434.4) | 2.0 | 85.7 | 41.5 | (582.5) | (331.6) | (187.8) | (134.7) | (80.2) | (26.7) | 23.8 | 86.7 | 156.1 | 148.8 | 313.2 | 456.0 | 462.8 | 182.5 | 323.7 | 119.9 |
% effective tax rate | 1.3 (0.3%) | 1.4 69.9% | 2.9 3.4% | 2.6 6.4% | (1.3) 0.2% | 1.9 (0.6%) | 7.7 (4.1%) | 9.3 (6.9%) | 5.2 (6.5%) | 14.0 (52.4%) | 12.1 50.9% | 14.1 16.3% | (1,105.8) (708.3%) | 493.5 331.7% | 59.8 19.1% | 94.7 20.8% | (37.4) (8.1%) | 29.6 16.2% | 68.8 21.3% | 35.9 29.9% |
% margin | (435.7) (102.0%) | 0.6 0.1% | 82.8 10.6% | 38.9 4.3% | (581.2) (89.0%) | (333.5) (27.0%) | (195.5) (11.2%) | (144.0) (7.9%) | (85.4) (4.1%) | (40.6) (1.8%) | 11.7 0.5% | 72.6 2.8% | 1,262.0 45.0% | (344.7) (11.1%) | 253.4 7.1% | 361.3 10.2% | 500.2 13.8% | 152.9 4.2% | 254.8 5.8% | 84.0 2.1% |
| EPS | (5.30) | 0.01 | 0.97 | 0.44 | (6.37) | (3.58) | (2.04) | (1.45) | (0.83) | (0.38) | 0.10 | 0.52 | 8.89 | (2.49) | 1.63 | 2.34 | 3.22 | 1.01 | 1.71 | 0.58 |
| Diluted EPS | (5.30) | 0.01 | 0.87 | 0.42 | (6.37) | (3.58) | (2.04) | (1.45) | (0.83) | (0.38) | 0.10 | 0.51 | 7.53 | (2.40) | 1.61 | 2.32 | 3.19 | 1.00 | 1.71 | 0.58 |
% margin | (329.9) (77.2%) | 28.9 5.1% | 79.0 10.1% | 111.0 12.3% | (521.7) (79.9%) | (143.1) (11.6%) | 6.2 0.4% | 38.6 2.1% | 90.9 4.4% | 158.8 6.9% | 270.4 11.1% | 307.4 11.8% | 347.9 12.4% | 363.2 11.7% | 497.4 13.9% | 646.2 18.3% | 618.5 17.1% | 397.4 10.9% | 527.0 12.0% | 350.3 8.7% |
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FAQ
1) What is Ciena Corporation's Net Debt to Free Cash Flow?
As of today, Microsoft Corp's last 12-month Net Debt to Free Cash Flow is 1.0x, based on the financial report for Nov 02, 2024 (Q4’2024). The average annual Net Debt to Free Cash Flow for Ciena Corporation have been (0.1x) over the past three years, and (0.3x) over the past five years.
2) Is Ciena Corporation's Net Debt to Free Cash Flow Good?
As of today, Ciena Corporation's Net Debt to Free Cash Flow is 1.0x, which is higher than industry median of 0.1x. It indicates that Ciena Corporation's Net Debt to Free Cash Flow is Bad.