EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ciena's Enterprise Value is €6,818 Mil.
Ciena's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was €359 Mil. Therefore, Ciena's EV-to-EBIT for today is 19.01.
The historical rank and industry rank for Ciena's EV-to-EBIT or its related term are showing as below:
MIL:1CIEN'
s EV-to-EBIT Range Over the Past 10 Years
Min: -2031.09 Med: 20.25 Max: 222.94
Current: 18.91
During the past 13 years, the highest EV-to-EBIT of Ciena was 222.94. The lowest was -2031.09. And the median was 20.25.
MIL:1CIEN's EV-to-EBIT is ranked worse than 56.68% of 1713
companies
in the Hardware industry
Industry Median: 16.36
vs MIL:1CIEN: 18.91
The historical data trend for Ciena's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Communication Equipment subindustry, Ciena's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ciena's EV-to-EBIT Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Ciena's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ciena's EV-to-EBIT falls into.
Ciena's current Enterprise Value is €6,818 Mil.
Ciena's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €359 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ciena (MIL:1CIEN) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ciena's Enterprise Value for the quarter that ended in Jan. 2024 was €6,189 Mil.
Ciena's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €359 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ciena EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Ciena's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.
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