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CIEN vs. NOK: Ciena vs. Nokia Stock Comparison

How do Ciena (CIEN) and Nokia (NOK) 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 Nokia (NOK) are both classified in the Communications Equipment sub-industry within the broader Communications Equipment industry, placing them in the closest GICS peer bucket.

Ciena (CIEN) trades as ordinary local shares, while Nokia (NOK) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Ciena (CIEN) and Nokia (NOK)
Profile ItemCIENNOK
NameCiena Corp.Nokia Corporation Sponsored ADR
Country/RegionUnited StatesFinland
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryCommunications EquipmentCommunications Equipment
GICS Sub-IndustryCommunications EquipmentCommunications Equipment
Market Capitalization34.51 billion USD43.35 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 7, 1997July 1, 1994
Security TypeCommon StockADR

Price Performance

Cumulative Growth

CIEN
NOK
GSPC
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Ciena (CIEN) vs. Nokia (NOK), 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 Nokia (NOK). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
Total Return (1Y)36.49%19.81%
Total Return (3Y, Annualized)84.56%36.27%
Total Return (5Y, Annualized)35.01%9.52%

Risk Profile

Drawdown History

CIEN
NOK
GSPC
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Ciena (CIEN) vs. Nokia (NOK), 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 Nokia (NOK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
Volatility (1Y, Annualized)81.12%62.40%
Beta (5Y)1.391.24
Max Drawdown (5Y)-63.19%-55.73%
Avg. Volume (3M)2.83M77.91M

Risk-Adjusted Performance

Risk-Return Positioning

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CIEN and NOK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
Sharpe Ratio (1Y)0.400.25
Sortino Ratio (1Y)0.560.35

Profitability

ROE (TTM)

Ciena (CIEN) at 22.40% sits in the top ROE quartile, while Nokia (NOK) at 3.88% 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%

NOK

Technology Hardware & Equipment industry group

3.88%

Max
42.47%
Q3
19.13%
Median
11.00%
NOK
3.88%
Q1
1.63%
Min
-20.62%
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Both Ciena (CIEN) at 10.87% and Nokia (NOK) at 3.75% 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%

NOK

Technology Hardware & Equipment industry group

3.75%

Max
27.60%
Q3
11.66%
Median
4.08%
NOK
3.75%
Q1
0.00%
Min
-11.02%
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Both Ciena (CIEN) at 18.08% and Nokia (NOK) at 10.81% 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%

NOK

Technology Hardware & Equipment industry group

10.81%

Max
36.27%
Q3
18.36%
NOK
10.81%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
ROE (TTM)22.40%3.88%
ROA (TTM)7.73%3.49%
Net Margin (TTM)10.87%3.75%
Operating Margin (TTM)18.08%10.81%
Gross Margin (TTM)44.07%45.43%

Growth

Revenue Growth

Both Ciena (CIEN) at 18.79% and Nokia (NOK) at 3.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Ciena (CIEN) at 46.55% sits in the top EPS growth quartile, while Nokia (NOK) at -47.83% is in the bottom quartile, showing a clear gap in earnings momentum.

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

Growth Metrics

Growth metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
Revenue Growth (YoY)18.79%3.48%
Revenue Growth (3Y CAGR)9.50%-5.76%
EPS Growth (YoY)46.55%-47.83%
EPS Growth (3Y CAGR)-5.27%-45.71%

Financial Strength

Current Ratio (MRQ)

Nokia (NOK) at 1.46 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

NOK

Technology Hardware & Equipment industry group

1.46

Max
5.34
Q3
3.02
Median
1.95
NOK
1.46
Q1
1.32
Min
0.17
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Nokia (NOK) at 0.16 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

NOK

Technology Hardware & Equipment industry group

0.16

Max
1.76
Q3
0.78
Median
0.24
NOK
0.16
Q1
0.04
Min
0.01
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
Current Ratio (MRQ)3.801.46
Debt / Equity (MRQ)1.070.16
Net Debt / EBITDA0.64-0.59

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 Nokia (NOK) reports a yield of 1.88%, 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%

NOK

Technology Hardware & Equipment industry group

1.88%

NOK
1.88%
Max
0.73%
Q3
0.31%
Median
0.00%
Q1
0.00%
Min
0.00%
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Nokia (NOK) reports payout ratio above 100% at 100.17%, meaning dividends exceeded current-period earnings; Ciena (CIEN) pays no dividend (payout 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%

NOK

Technology Hardware & Equipment industry group

100.17%

NOK
100.17%
Max
32.27%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
Dividend Yield (TTM)0.00%1.88%
Dividend Payout Ratio (TTM)0.00%100.17%

Valuation

P/E Ratio (TTM)

Both Ciena (CIEN) at 54.45 and Nokia (NOK) at 47.88 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

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

NOK

Technology Hardware & Equipment industry group

47.88

Max
69.48
NOK
47.88
Q3
41.02
Median
26.39
Q1
19.36
Min
6.07
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Ciena (CIEN) at 5.73 and Nokia (NOK) at 2.08 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

NOK

Technology Hardware & Equipment industry group

2.08

Max
11.30
Q3
5.82
Median
2.56
NOK
2.08
Q1
1.05
Min
0.00
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Nokia (NOK) at 1.82 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

NOK

Technology Hardware & Equipment industry group

1.82

Max
10.75
Q3
5.52
Median
3.17
NOK
1.82
Q1
1.79
Min
0.33
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Ciena (CIEN) vs. Nokia (NOK): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Ciena (CIEN) and Nokia (NOK)
MetricCIENNOK
P/E Ratio (TTM)54.4547.88
P/S Ratio (TTM)5.732.08
P/B Ratio (MRQ)11.301.82
Free Cash Flow Yield (TTM)1.84%2.98%