Telephone & Telegraph Apparatus
Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, 5400 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 the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform 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 that support network solutions. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.
In the chart Earnings are multiplied by this value.
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
The average Net Margin over the past 5 years is +11.54%.
The trend of Net Margin over the past 5 years is -3.6%.
The average ROA over the past 5 years is +8.13%.
The trend of ROA over the past 5 years is +0.12%.
The average ROE over the past 5 years is +14.91%.
The trend of ROE over the past 5 years is -4.6%.
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
The Debt/FCF trailing twelve month is -10.44.
The trend of Debt/FCF over the past 5 years is -1.84.
Graham’s Stability measure stands at -0.77.
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
The Revenue CAGR over the past 5 years is +5.33%.
The trend of Revenue growth rate over the past 5 years is -1.03%.
The Earnings CAGR over the past 5 years is -34.43%.
The trend of Earnings growth rate over the past 5 years is -200.26%.
The Equity CAGR over the past 5 years is +4.89%.
The trend of Equity growth rate over the past 5 years is -14.02%.
The FCF CAGR over the past 5 years is -.
The trend of FCF growth rate over the past 5 years is -32.61%.