EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ciena's Enterprise Value is €6,751 Mil.
Ciena's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2024 was €562 Mil. Therefore, Ciena's EV-to-FCF for today is 12.02.
The historical rank and industry rank for Ciena's EV-to-FCF or its related term are showing as below:
MIL:1CIEN'
s EV-to-FCF Range Over the Past 10 Years
Min: -149.51 Med: 21.04 Max: 3697.44
Current: 12.11
During the past 13 years, the highest EV-to-FCF of Ciena was 3697.44. The lowest was -149.51. And the median was 21.04.
MIL:1CIEN's EV-to-FCF is ranked better than 59.74% of 1396
companies
in the Hardware industry
Industry Median: 15.635
vs MIL:1CIEN: 12.11
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-05-17), Ciena's stock price is €45.32.
Ciena's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was €1.427. Therefore, Ciena's PE Ratio for today is 31.76.
Ciena EV-to-FCF Historical Data
The historical data trend for Ciena's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Ciena's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ciena's EV-to-FCF falls into.
Ciena's current Enterprise Value is €6,751 Mil.
Ciena's Free Cash Flow 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 €562 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-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Ciena's share price for today is €45.32.
Ciena's Earnings per Share (Diluted) 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 €1.427.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ciena EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Ciena's EV-to-FCF 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MIL:1CIEN has been successfully added to your 