CIEN vs. SNX: Ciena vs. TD SYNNEX Stock Comparison
How do Ciena (CIEN) and TD SYNNEX (SNX) 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 TD SYNNEX (SNX) both fall under the Technology Hardware & Equipment industry group, but CIEN is classified in Communications Equipment while SNX is classified in Electronic Equipment, Instruments & Components.
| Profile Item | CIEN | SNX |
|---|---|---|
| Name | Ciena Corp. | TD SYNNEX Corporation |
| 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 | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Communications Equipment | Technology Distributors |
| Market Capitalization | 34.51 billion USD | 17.45 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 7, 1997 | November 25, 2003 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CIEN | SNX |
|---|---|---|
| Total Return (1Y) | 36.49% | 53.50% |
| Total Return (3Y, Annualized) | 84.56% | 36.96% |
| Total Return (5Y, Annualized) | 35.01% | 17.04% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CIEN | SNX |
|---|---|---|
| Volatility (1Y, Annualized) | 81.12% | 37.14% |
| Beta (5Y) | 1.39 | 1.43 |
| Max Drawdown (5Y) | -63.19% | -33.78% |
| Avg. Volume (3M) | 2.83M | 819.96K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CIEN | SNX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.40 | 1.33 |
| Sortino Ratio (1Y) | 0.56 | 1.94 |
Profitability
ROE (TTM)
Ciena (CIEN) at 22.40% sits in the top ROE quartile, while TD SYNNEX (SNX) at 14.93% 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%
SNX
Technology Hardware & Equipment industry group
14.93%
- Max
- 42.47%
- Q3
- 19.13%
- SNX
- 14.93%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Both Ciena (CIEN) at 10.87% and TD SYNNEX (SNX) at 1.75% 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%
SNX
Technology Hardware & Equipment industry group
1.75%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- SNX
- 1.75%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Ciena (CIEN) at 18.08% and TD SYNNEX (SNX) at 2.99% 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%
SNX
Technology Hardware & Equipment industry group
2.99%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- SNX
- 2.99%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | CIEN | SNX |
|---|---|---|
| ROE (TTM) | 22.40% | 14.93% |
| ROA (TTM) | 7.73% | 3.50% |
| Net Margin (TTM) | 10.87% | 1.75% |
| Operating Margin (TTM) | 18.08% | 2.99% |
| Gross Margin (TTM) | 44.07% | 6.89% |
Growth
Revenue Growth
Both Ciena (CIEN) at 18.79% and TD SYNNEX (SNX) at 6.94% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Ciena (CIEN) at 46.55% sits in the top EPS growth quartile, while TD SYNNEX (SNX) at 25.16% is closer to the peer norm — faster per-share earnings growth for CIEN.
Growth Metrics
| Metric | CIEN | SNX |
|---|---|---|
| Revenue Growth (YoY) | 18.79% | 6.94% |
| Revenue Growth (3Y CAGR) | 9.50% | 0.09% |
| EPS Growth (YoY) | 46.55% | 25.16% |
| EPS Growth (3Y CAGR) | -5.27% | 13.70% |
Financial Strength
Current Ratio (MRQ)
Ciena (CIEN) at 3.80 carries current ratio above its industry’s typical mid-range, while TD SYNNEX (SNX) at 1.19 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
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
SNX
Technology Hardware & Equipment industry group
1.19
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- SNX
- 1.19
- Min
- 0.17
Debt / Equity (MRQ)
TD SYNNEX (SNX) at 0.65 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
SNX
Technology Hardware & Equipment industry group
0.65
- Max
- 1.76
- Q3
- 0.78
- SNX
- 0.65
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | CIEN | SNX |
|---|---|---|
| Current Ratio (MRQ) | 3.80 | 1.19 |
| Debt / Equity (MRQ) | 1.07 | 0.65 |
| Net Debt / EBITDA | 0.64 | 2.13 |
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 TD SYNNEX (SNX) reports a yield of 0.89%, 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%
SNX
Technology Hardware & Equipment industry group
0.89%
- SNX
- 0.89%
- Max
- 0.73%
- Q3
- 0.31%
- 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 TD SYNNEX (SNX) reports a payout of 11.46%, 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%
SNX
Technology Hardware & Equipment industry group
11.46%
- Max
- 32.27%
- Q3
- 14.48%
- SNX
- 11.46%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CIEN | SNX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.89% |
| Dividend Payout Ratio (TTM) | 0.00% | 11.46% |
Valuation
P/E Ratio (TTM)
TD SYNNEX (SNX) at 13.34 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
SNX
Technology Hardware & Equipment industry group
13.34
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- SNX
- 13.34
- Min
- 6.07
P/S Ratio (TTM)
TD SYNNEX (SNX) at 0.23 sits in the cheaper P/S ratio quartile while Ciena (CIEN) at 5.73 prices around its industry’s middle — SNX 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
SNX
Technology Hardware & Equipment industry group
0.23
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- SNX
- 0.23
- Min
- 0.00
P/B Ratio (MRQ)
TD SYNNEX (SNX) at 1.86 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
SNX
Technology Hardware & Equipment industry group
1.86
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- SNX
- 1.86
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | CIEN | SNX |
|---|---|---|
| P/E Ratio (TTM) | 54.45 | 13.34 |
| P/S Ratio (TTM) | 5.73 | 0.23 |
| P/B Ratio (MRQ) | 11.30 | 1.86 |
| Free Cash Flow Yield (TTM) | 1.84% | -6.03% |