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CIEN vs. MRVL: Ciena vs. Marvell Stock Comparison

How do Ciena (CIEN) and Marvell (MRVL) 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 Marvell (MRVL) share the Information Technology sector but sit in different industry groups — CIEN in Technology Hardware & Equipment and MRVL in Semiconductors & Semiconductor Equipment.

Company profile comparison for Ciena (CIEN) and Marvell (MRVL)
Profile ItemCIENMRVL
NameCiena Corp.Marvell Technology Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentSemiconductors & Semiconductor Equipment
GICS IndustryCommunications EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustryCommunications EquipmentSemiconductors
Market Capitalization34.51 billion USD127.05 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateFebruary 7, 1997June 30, 2000
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CIEN
MRVL
GSPC
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Ciena (CIEN) vs. Marvell (MRVL), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Ciena (CIEN) and Marvell (MRVL). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Ciena (CIEN) and Marvell (MRVL). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
Total Return (1Y)36.49%70.03%
Total Return (3Y, Annualized)84.56%43.66%
Total Return (5Y, Annualized)35.01%16.59%

Risk Profile

Drawdown History

CIEN
MRVL
GSPC
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Ciena (CIEN) vs. Marvell (MRVL), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Ciena (CIEN) and Marvell (MRVL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
Volatility (1Y, Annualized)81.12%85.27%
Beta (5Y)1.392.38
Max Drawdown (5Y)-63.19%-61.88%
Avg. Volume (3M)2.83M23.80M

Risk-Adjusted Performance

Risk-Return Positioning

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CIEN and MRVL are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
Sharpe Ratio (1Y)0.400.77
Sortino Ratio (1Y)0.561.18

Profitability

ROE (TTM)

Ciena (CIEN) at 22.40% sits in the top ROE quartile, while Marvell (MRVL) at 16.52% 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%

MRVL

Semiconductors & Semiconductor Equipment industry group

16.52%

Max
52.82%
Q3
22.26%
MRVL
16.52%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their ROE against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Net Margin (TTM)

Both Ciena (CIEN) at 10.87% and Marvell (MRVL) at 27.94% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

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%

MRVL

Semiconductors & Semiconductor Equipment industry group

27.94%

Max
63.80%
Q3
28.36%
MRVL
27.94%
Median
11.44%
Q1
0.90%
Min
-37.77%
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their net margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Operating Margin (TTM)

Both Ciena (CIEN) at 18.08% and Marvell (MRVL) at 16.68% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

MRVL

Semiconductors & Semiconductor Equipment industry group

16.68%

Max
58.66%
Q3
30.23%
MRVL
16.68%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their operating margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
ROE (TTM)22.40%16.52%
ROA (TTM)7.73%4.13%
Net Margin (TTM)10.87%27.94%
Operating Margin (TTM)18.08%16.68%
Gross Margin (TTM)44.07%52.22%

Growth

Revenue Growth

Marvell (MRVL) at 42.09% sits in the top revenue growth quartile, while Ciena (CIEN) at 18.79% is closer to the peer norm — faster top-line expansion for MRVL.

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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Ciena (CIEN) reports EPS growth of 46.55%, ranked against its industry; Marvell (MRVL) has no EPS growth figure this period.

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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
Revenue Growth (YoY)18.79%42.09%
Revenue Growth (3Y CAGR)9.50%11.45%
EPS Growth (YoY)46.55%--
EPS Growth (3Y CAGR)-5.27%--

Financial Strength

Current Ratio (MRQ)

Marvell (MRVL) at 3.17 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

MRVL

Semiconductors & Semiconductor Equipment industry group

3.17

Max
10.33
Q3
5.62
Median
3.33
MRVL
3.17
Q1
2.35
Min
1.03
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their current ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Debt / Equity (MRQ)

Marvell (MRVL) at 0.29 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

MRVL

Semiconductors & Semiconductor Equipment industry group

0.29

Max
1.46
Q3
0.65
MRVL
0.29
Median
0.27
Q1
0.04
Min
0.00
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their debt-to-equity ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
Current Ratio (MRQ)3.803.17
Debt / Equity (MRQ)1.070.29
Net Debt / EBITDA0.640.47

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 Marvell (MRVL) reports a yield of 0.18%, ranking against industry peers normally.

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%

MRVL

Semiconductors & Semiconductor Equipment industry group

0.18%

Max
1.37%
Q3
0.65%
MRVL
0.18%
Median
0.00%
Q1
0.00%
Min
0.00%
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

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 Marvell (MRVL) reports a payout of 7.89%, ranking against industry peers normally.

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%

MRVL

Semiconductors & Semiconductor Equipment industry group

7.89%

Max
49.64%
Q3
21.71%
MRVL
7.89%
Median
0.00%
Q1
0.00%
Min
0.00%
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
Dividend Yield (TTM)0.00%0.18%
Dividend Payout Ratio (TTM)0.00%7.89%

Valuation

P/E Ratio (TTM)

Marvell (MRVL) at 46.45 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

MRVL

Semiconductors & Semiconductor Equipment industry group

46.45

Max
110.34
Q3
66.81
MRVL
46.45
Median
37.02
Q1
23.96
Min
8.12
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their P/E ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/S Ratio (TTM)

Ciena (CIEN) at 5.73 is priced about in line with its industry on P/S ratio, while Marvell (MRVL) at 13.44 sits in the pricier quartile — MRVL costs more per dollar of sales.

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

MRVL

Semiconductors & Semiconductor Equipment industry group

13.44

Max
21.42
MRVL
13.44
Q3
12.27
Median
5.76
Q1
2.73
Min
0.00
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/B Ratio (MRQ)

Marvell (MRVL) at 6.68 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

MRVL

Semiconductors & Semiconductor Equipment industry group

6.68

Max
14.06
Q3
7.44
MRVL
6.68
Median
4.29
Q1
2.30
Min
0.20
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Ciena (CIEN) vs. Marvell (MRVL): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Ciena (CIEN) and Marvell (MRVL)
MetricCIENMRVL
P/E Ratio (TTM)54.4546.45
P/S Ratio (TTM)5.7313.44
P/B Ratio (MRQ)11.306.68
Free Cash Flow Yield (TTM)1.84%1.90%