CIEN vs. FFIV: Ciena vs. F5 Stock Comparison
How do Ciena (CIEN) and F5 (FFIV) 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
Ciena (CIEN) and F5 (FFIV) are both classified in the Communications Equipment sub-industry within the broader Communications Equipment industry, placing them in the closest GICS peer bucket.
| Profile Item | CIEN | FFIV |
|---|---|---|
| Name | Ciena Corp. | F5, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment | Communications Equipment |
| GICS Sub-Industry | Communications Equipment | Communications Equipment |
| Market Capitalization | 34.51 billion USD | 17.66 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 7, 1997 | June 4, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| Total Return (1Y) | 36.49% | 30.07% |
| Total Return (3Y, Annualized) | 84.56% | 27.03% |
| Total Return (5Y, Annualized) | 35.01% | 7.22% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| Volatility (1Y, Annualized) | 81.12% | 40.81% |
| Beta (5Y) | 1.39 | 1.09 |
| Max Drawdown (5Y) | -63.19% | -47.42% |
| Avg. Volume (3M) | 2.83M | 692.80K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| Sharpe Ratio (1Y) | 0.40 | 0.63 |
| Sortino Ratio (1Y) | 0.56 | 0.84 |
Profitability
ROE (TTM)
Ciena (CIEN) at 22.40% sits in the top ROE quartile, while F5 (FFIV) at 19.01% is closer to the peer norm — stronger capital efficiency for CIEN.
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%
FFIV
Technology Hardware & Equipment industry group
19.01%
- Max
- 42.47%
- Q3
- 19.13%
- FFIV
- 19.01%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
F5 (FFIV) at 21.14% retains a top-quartile share of revenue as profit, ahead of Ciena (CIEN) at 10.87%, which keeps about the industry-typical share.
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%
FFIV
Technology Hardware & Equipment industry group
21.14%
- Max
- 27.60%
- FFIV
- 21.14%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
F5 (FFIV) at 23.99% operates in the top operating margin quartile, ahead of Ciena (CIEN) at 18.08%, which runs around its industry’s norm.
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%
FFIV
Technology Hardware & Equipment industry group
23.99%
- Max
- 36.27%
- FFIV
- 23.99%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| ROE (TTM) | 22.40% | 19.01% |
| ROA (TTM) | 7.73% | 7.74% |
| Net Margin (TTM) | 10.87% | 21.14% |
| Operating Margin (TTM) | 18.08% | 23.99% |
| Gross Margin (TTM) | 44.07% | 81.98% |
Growth
Revenue Growth
Only one side can be read here: Ciena (CIEN) reports revenue growth of 18.79%, ranked against its industry; F5 (FFIV) has no revenue growth figure this period.
EPS Growth
Ciena (CIEN) at 46.55% sits in the top EPS growth quartile, while F5 (FFIV) at 6.10% is closer to the peer norm — faster per-share earnings growth for CIEN.
Growth Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| Revenue Growth (YoY) | 18.79% | -- |
| Revenue Growth (3Y CAGR) | 9.50% | -- |
| EPS Growth (YoY) | 46.55% | 6.10% |
| EPS Growth (3Y CAGR) | -5.27% | 24.10% |
Financial Strength
Current Ratio (MRQ)
F5 (FFIV) at 1.73 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.
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
FFIV
Technology Hardware & Equipment industry group
1.73
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- FFIV
- 1.73
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
F5 (FFIV) at 0.05 carries an industry-typical debt-to-equity mix, while Ciena (CIEN) at 1.07 uses more debt funding than most peers.
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
FFIV
Technology Hardware & Equipment industry group
0.05
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- FFIV
- 0.05
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| Current Ratio (MRQ) | 3.80 | 1.73 |
| Debt / Equity (MRQ) | 1.07 | 0.05 |
| Net Debt / EBITDA | 0.64 | -1.49 |
Dividends
Dividend Yield (TTM)
Neither Ciena (CIEN) nor F5 (FFIV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
FFIV
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- FFIV
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Ciena (CIEN) nor F5 (FFIV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
FFIV
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- FFIV
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
F5 (FFIV) at 24.83 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.
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
FFIV
Technology Hardware & Equipment industry group
24.83
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- FFIV
- 24.83
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
On P/S ratio, both Ciena (CIEN) at 5.73 and F5 (FFIV) at 5.17 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
FFIV
Technology Hardware & Equipment industry group
5.17
- Max
- 11.30
- Q3
- 5.82
- FFIV
- 5.17
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
F5 (FFIV) at 4.41 sits near its industry’s typical P/B ratio, while Ciena (CIEN) at 11.30 prices above its benchmark range — CIEN looks rich relative to book.
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
FFIV
Technology Hardware & Equipment industry group
4.41
- Max
- 10.75
- Q3
- 5.52
- FFIV
- 4.41
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | CIEN | FFIV |
|---|---|---|
| P/E Ratio (TTM) | 54.45 | 24.83 |
| P/S Ratio (TTM) | 5.73 | 5.17 |
| P/B Ratio (MRQ) | 11.30 | 4.41 |
| Free Cash Flow Yield (TTM) | 1.84% | 3.63% |