CIEN vs. SKHY: Ciena vs. SK hynix Stock Comparison
How do Ciena (CIEN) and SK hynix (SKHY) 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 SK hynix (SKHY) share the Information Technology sector but sit in different industry groups — CIEN in Technology Hardware & Equipment and SKHY in Semiconductors & Semiconductor Equipment.
Ciena (CIEN) has been public since February 7, 1997, giving it decades of market history across multiple cycles, while SK hynix (SKHY) listed only on July 10, 2026 and lacks comparable through-cycle data.
Ciena (CIEN) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CIEN | SKHY |
|---|---|---|
| Name | Ciena Corp. | SK hynix Inc. |
| Country/Region | United States | South Korea |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Communications Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Communications Equipment | Semiconductors |
| Market Capitalization | 34.51 billion USD | 897.97 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 7, 1997 | July 10, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| Total Return (1Y) | 36.49% | -- |
| Total Return (3Y, Annualized) | 84.56% | -- |
| Total Return (5Y, Annualized) | 35.01% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| Volatility (1Y, Annualized) | 81.12% | 101.44% |
| Beta (5Y) | 1.39 | 5.36 |
| Max Drawdown (5Y) | -63.19% | -37.62% |
| Avg. Volume (3M) | 2.83M | 20.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Both CIEN and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.40 | -- |
| Sortino Ratio (1Y) | 0.56 | -- |
Profitability
ROE (TTM)
Both companies show strong equity returns, but SK hynix (SKHY) at 92.54% is the standout with ROE above its industry range; Ciena (CIEN) at 22.40% also sits in the top quartile.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
92.54%
- SKHY
- 92.54%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
SK hynix (SKHY) at 70.27% converts revenue to bottom-line profit above its industry’s benchmark range, while Ciena (CIEN) at 10.87% keeps roughly the typical share for its industry.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
70.27%
- SKHY
- 70.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
SK hynix (SKHY) at 79.66% turns sales into operating profit above its industry’s benchmark range, while Ciena (CIEN) at 18.08% operates 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
79.66%
- SKHY
- 79.66%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| ROE (TTM) | 22.40% | 92.54% |
| ROA (TTM) | 7.73% | 46.43% |
| Net Margin (TTM) | 10.87% | 70.27% |
| Operating Margin (TTM) | 18.08% | 79.66% |
| Gross Margin (TTM) | 44.07% | 77.38% |
Growth
Revenue Growth
SK hynix (SKHY) at 46.76% sits in the top revenue growth quartile, while Ciena (CIEN) at 18.79% is closer to the peer norm — faster top-line expansion for SKHY.
EPS Growth
Both Ciena (CIEN) at 46.55% and SK hynix (SKHY) at 112.46% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| Revenue Growth (YoY) | 18.79% | 46.76% |
| Revenue Growth (3Y CAGR) | 9.50% | 29.61% |
| EPS Growth (YoY) | 46.55% | 112.46% |
| EPS Growth (3Y CAGR) | -5.27% | 165.07% |
Financial Strength
Current Ratio (MRQ)
Both Ciena (CIEN) at 3.80 and SK hynix (SKHY) at 26.88 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
26.88
- SKHY
- 26.88
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
SK hynix (SKHY) 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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.05
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- SKHY
- 0.05
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| Current Ratio (MRQ) | 3.80 | 26.88 |
| Debt / Equity (MRQ) | 1.07 | 0.05 |
| Net Debt / EBITDA | 0.64 | -0.46 |
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 SK hynix (SKHY) reports a yield of 2,118.64%, 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
2,118.64%
- SKHY
- 2,118.64%
- Max
- 1.37%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Ciena (CIEN) nor SK hynix (SKHY) 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SKHY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2,118.64% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
SK hynix (SKHY) at 8.12 sits in the cheaper P/E ratio quartile, while Ciena (CIEN) at 54.45 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
8.12
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- SKHY
- 8.12
- Min
- 8.12
P/S Ratio (TTM)
SK hynix (SKHY) at 0.00 sits in the cheaper P/S ratio quartile while Ciena (CIEN) at 5.73 prices around its industry’s middle — SKHY costs less per dollar of sales, though read it alongside growth and margins.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- SKHY
- 0.00
- Min
- 0.00
P/B Ratio (MRQ)
SK hynix (SKHY) at 3.95 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
SKHY
Semiconductors & Semiconductor Equipment industry group
3.95
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SKHY
- 3.95
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | CIEN | SKHY |
|---|---|---|
| P/E Ratio (TTM) | 54.45 | 8.12 |
| P/S Ratio (TTM) | 5.73 | 0.00 |
| P/B Ratio (MRQ) | 11.30 | 3.95 |
| Free Cash Flow Yield (TTM) | 1.84% | -- |