AVGO vs. CIEN: Broadcom vs. Ciena Stock Comparison
How do Broadcom (AVGO) and Ciena (CIEN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Broadcom (AVGO) and Ciena (CIEN) share the Information Technology sector but sit in different industry groups — AVGO in Semiconductors & Semiconductor Equipment and CIEN in Technology Hardware & Equipment.
| Profile Item | AVGO | CIEN |
|---|---|---|
| Name | Broadcom Inc. | Ciena Corp. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Technology Hardware & Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Communications Equipment |
| GICS Sub-Industry | Semiconductors | Communications Equipment |
| Market Capitalization | 1,401.97 billion USD | 34.51 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | August 6, 2009 | February 7, 1997 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| Total Return (1Y) | -8.02% | 36.49% |
| Total Return (3Y, Annualized) | 53.49% | 84.56% |
| Total Return (5Y, Annualized) | 44.26% | 35.01% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| Volatility (1Y, Annualized) | 48.06% | 81.12% |
| Beta (5Y) | 1.50 | 1.39 |
| Max Drawdown (5Y) | -41.15% | -63.19% |
| Avg. Volume (3M) | 23.75M | 2.83M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| Sharpe Ratio (1Y) | -0.26 | 0.40 |
| Sortino Ratio (1Y) | -0.35 | 0.56 |
Profitability
ROE (TTM)
Both Broadcom (AVGO) at 44.25% and Ciena (CIEN) at 22.40% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AVGO
Semiconductors & Semiconductor Equipment industry group
44.25%
- Max
- 52.82%
- AVGO
- 44.25%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
CIEN
Technology Hardware & Equipment industry group
22.40%
- Max
- 42.47%
- CIEN
- 22.40%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Broadcom (AVGO) at 42.94% retains a top-quartile share of revenue as profit, ahead of Ciena (CIEN) at 10.87%, which keeps about the industry-typical share.
AVGO
Semiconductors & Semiconductor Equipment industry group
42.94%
- Max
- 63.80%
- AVGO
- 42.94%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
CIEN
Technology Hardware & Equipment industry group
10.87%
- Max
- 27.60%
- Q3
- 11.66%
- CIEN
- 10.87%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Broadcom (AVGO) at 54.31% operates in the top operating margin quartile, ahead of Ciena (CIEN) at 18.08%, which runs around its industry’s norm.
AVGO
Semiconductors & Semiconductor Equipment industry group
54.31%
- Max
- 58.66%
- AVGO
- 54.31%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
CIEN
Technology Hardware & Equipment industry group
18.08%
- Max
- 36.27%
- Q3
- 18.36%
- CIEN
- 18.08%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| ROE (TTM) | 44.25% | 22.40% |
| ROA (TTM) | 15.37% | 7.73% |
| Net Margin (TTM) | 42.94% | 10.87% |
| Operating Margin (TTM) | 54.31% | 18.08% |
| Gross Margin (TTM) | 75.52% | 44.07% |
Growth
Revenue Growth
Both Broadcom (AVGO) at 23.87% and Ciena (CIEN) at 18.79% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both companies show strong earnings momentum, but Broadcom (AVGO) at 287.80% is the standout with EPS growth above its industry range; Ciena (CIEN) at 46.55% also sits in the top quartile.
Growth Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| Revenue Growth (YoY) | 23.87% | 18.79% |
| Revenue Growth (3Y CAGR) | 24.38% | 9.50% |
| EPS Growth (YoY) | 287.80% | 46.55% |
| EPS Growth (3Y CAGR) | 21.60% | -5.27% |
Financial Strength
Current Ratio (MRQ)
Broadcom (AVGO) at 2.50 keeps current ratio within its industry’s typical mid-range, while Ciena (CIEN) at 3.80 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
AVGO
Semiconductors & Semiconductor Equipment industry group
2.50
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- AVGO
- 2.50
- Q1
- 2.35
- Min
- 1.03
CIEN
Technology Hardware & Equipment industry group
3.80
- Max
- 5.34
- CIEN
- 3.80
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Broadcom (AVGO) at 0.60 carries an industry-typical debt-to-equity mix, while Ciena (CIEN) at 1.07 uses more debt funding than most peers.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.60
- Max
- 1.46
- Q3
- 0.65
- AVGO
- 0.60
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
CIEN
Technology Hardware & Equipment industry group
1.07
- Max
- 1.76
- CIEN
- 1.07
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| Current Ratio (MRQ) | 2.50 | 3.80 |
| Debt / Equity (MRQ) | 0.60 | 1.07 |
| Net Debt / EBITDA | 0.68 | 0.64 |
Dividends
Dividend Yield (TTM)
Ciena (CIEN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Broadcom (AVGO) reports a yield of 0.89%, ranking against industry peers normally.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.89%
- Max
- 1.37%
- AVGO
- 0.89%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CIEN
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- CIEN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Ciena (CIEN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Broadcom (AVGO) reports a payout of 32.44%, ranking against industry peers normally.
AVGO
Semiconductors & Semiconductor Equipment industry group
32.44%
- Max
- 49.64%
- AVGO
- 32.44%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CIEN
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- CIEN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| Dividend Yield (TTM) | 0.89% | 0.00% |
| Dividend Payout Ratio (TTM) | 32.44% | 0.00% |
Valuation
P/E Ratio (TTM)
Broadcom (AVGO) at 37.51 is near its industry’s usual P/E ratio, while Ciena (CIEN) at 54.45 sits in the richer quartile — CIEN needs stronger growth or earnings quality to justify the premium.
AVGO
Semiconductors & Semiconductor Equipment industry group
37.51
- Max
- 110.34
- Q3
- 66.81
- AVGO
- 37.51
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
CIEN
Technology Hardware & Equipment industry group
54.45
- Max
- 69.48
- CIEN
- 54.45
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
Ciena (CIEN) at 5.73 is priced about in line with its industry on P/S ratio, while Broadcom (AVGO) at 15.73 sits in the pricier quartile — AVGO costs more per dollar of sales.
AVGO
Semiconductors & Semiconductor Equipment industry group
15.73
- Max
- 21.42
- AVGO
- 15.73
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
CIEN
Technology Hardware & Equipment industry group
5.73
- Max
- 11.30
- Q3
- 5.82
- CIEN
- 5.73
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Broadcom (AVGO) at 14.06 sits in the upper P/B ratio quartile, and Ciena (CIEN) at 11.30 prices even higher, above its industry range.
AVGO
Semiconductors & Semiconductor Equipment industry group
14.06
- AVGO
- 14.06
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
CIEN
Technology Hardware & Equipment industry group
11.30
- CIEN
- 11.30
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | AVGO | CIEN |
|---|---|---|
| P/E Ratio (TTM) | 37.51 | 54.45 |
| P/S Ratio (TTM) | 15.73 | 5.73 |
| P/B Ratio (MRQ) | 14.06 | 11.30 |
| Free Cash Flow Yield (TTM) | 2.18% | 1.84% |