AUDC vs CIEN vs CSCO Stock Comparison

Audiocodes, Ciena and Cisco Systems Prices as of Oct 27, 2026 Peers: Industry group
AUDC Audiocodes Ltd
$11.70 +9.8% 1M +29.3% 1Y
Market cap
$316.94M
P/E
47.2x
Revenue (TTM)
$249.25M
Div. yield
3.42%
Networking Equipment Technology
4 wins
CIEN Ciena Corp
$351.18 -1.6% 1M +92.4% 1Y
Market cap
$49.83B
P/E
76.2x
Revenue (TTM)
$6.02B
Div. yield
–
Networking Equipment Technology
3 wins
CSCO Cisco Systems, Inc.
$111.38 +4.4% 1M +56.0% 1Y
Market cap
$439.51B
P/E
33.2x
Revenue (TTM)
$63.33B
Div. yield
1.50%
Networking Equipment Technology
5 wins

Head to Head

12 decided of 12

Cisco Systems leads on 5 of the 12 questions below (Cisco Systems 5, Audiocodes 4, Ciena 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAUDCCIENCSCOLeader
Larger companyMarket capitalisation $316.94M $49.83B $439.51B CSCO
Cheaper on earningsLower P/E, profitable companies only 47.2x 76.2x 33.2x CSCO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 46.2x 23.5x AUDC
Faster revenue growthRevenue growth, trailing twelve months +2.5% +32.6% +11.8% CIEN
More profitableNet margin, trailing twelve months 2.8% 10.9% 21.0% CSCO
Better return on capitalReturn on invested capital 9.1% 12.4% 15.9% CSCO
Less leveragedLower net debt / EBITDA -2.9x 0.7x 0.8x AUDC
Higher dividend yieldTrailing dividend yield 3.42% — 1.50% AUDC
Better 1-year returnPrice return, last 12 months +29.3% +92.4% +56.0% CIEN
Better 5-year returnAnnualised price return, 5 years -19.5%/yr +45.3%/yr +14.7%/yr CIEN
Less volatileAnnualised volatility, 1 year 42.0% 77.8% 35.5% CSCO
Higher overall scoreMean of the five percentile scores vs peers 56/100 55/100 54/100 AUDC

Percentile Scorecard

AUDCCIENCSCO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAUDCCIENCSCO
Valuation 87 #16 of 112 22 #88 of 112 32 #76 of 112
Growth 17 #91 of 109 95 #6 of 109 41 #65 of 109
Profitability 68 #34 of 104 83 #19 of 104 87 #14 of 104
Financial Health 70 #36 of 116 43 #67 of 116 30 #82 of 116
Shareholder Returns 38 #51 of 81 35 #53 of 81 79 #18 of 81
Overall 56 55 54
  • AUDC ranked among 122 companies in Computer Hardware
  • CIEN ranked among 122 companies in Computer Hardware
  • CSCO ranked among 122 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAUDCCIENCSCOSPY
1 month +9.8%-1.6%+4.4% -0.2%
3 months +19.8%+0.2%-3.6% +3.9%
6 months +33.7%-25.9%+28.2% +8.2%
Year to date +34.0%+50.2%+44.6% +12.9%
1 year +29.3%+92.4%+56.0% +12.3%
3 years +62.7%+756.1%+116.0% +87.4%
3 years, per year +17.6%+104.7%+29.3% +23.3%
5 years -66.2%+546.3%+98.0% +67.9%
5 years, per year -19.5%+45.3%+14.7% +10.9%
10 years +118.3%+1,696.3%+266.6% +261.1%
10 years, per year +8.1%+33.5%+13.9% +13.7%

Risk

MeasureAUDCCIENCSCOSPY
Volatility, 1Y 42.0%77.8%35.5% 12.7%
Downside volatility, 1Y 47.1%82.8%37.3% 12.7%
Beta vs S&P 500, 1Y 1.152.791.11 1.00
Return / volatility, 1Y 0.701.191.58 0.97
Max drawdown, 5Y -81.0%-49.7%-38.6% -25.4%
From 52-week high 0.0%-44.0%-14.3% -1.2%
52-week high $11.70$627.00$130.00 $779.14
52-week low $7.03$176.45$71.04 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAUDCCIENCSCO
P/E now vs peer median 47.2xmedian 33.2x 76.2xmedian 33.2x 33.2xmedian 33.2x
P/S now vs peer median 1.3xmedian 2.8x 8.3xmedian 2.8x 6.9xmedian 2.8x
EV/EBITDA now vs peer median 13.9xmedian 20.0x 56.2xmedian 20.0x 25.3xmedian 20.0x
P/FCF now vs peer median 9.7xmedian 29.8x 61.2xmedian 29.8x 34.4xmedian 29.8x
P/B now vs peer median 2.2xmedian 3.0x 16.3xmedian 3.0x 8.7xmedian 3.0x
PEG now vs peer median -2.80median 1.17 1.70median 1.17 12.32median 1.17

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAUDCCIENCSCO
Revenue $249.25M $6.02B $63.33B
Gross profit $163.86M $2.65B $40.86B
Operating income $14.36M $738.95M $15.37B
Net income $7.06M $654.41M $13.27B
Free cash flow $32.61M $814.36M $12.77B
R&D $54.05M $924.94M $9.56B
EPS (diluted) $0.24 $4.48 $3.33
Cash & equivalents $51.41M $2.45B $7.22B
Total debt $27.00M $3.23B $29.53B
Shares (diluted) 28.98M 145.97M 3.99B
Enterprise value $43.81M $43.39B $375.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAUDCCIENCSCO
P/E 47.2x 76.2x 33.2x
P/FCF 9.7x 61.2x 34.4x
P/Operating cash flow 11.7x 47.2x 31.0x
P/S 1.3x 8.3x 6.9x
P/B 2.2x 16.3x 8.7x
P/Tangible book 2.9x 17.4x 10.3x
EV/EBITDA 13.9x 56.2x 25.3x
EV/EBIT 18.3x 68.2x 29.5x
EV/Revenue 1.1x 8.4x 7.2x
EV/FCF 8.1x 61.9x 35.5x
EV/Operating cash flow 9.7x 47.8x 32.0x
PEG (3Y EPS CAGR) -2.80 1.70 12.32

Growth

14 metrics
MetricAUDCCIENCSCO
Revenue growth (1Y) 2.5% 32.6% 11.8%
Revenue CAGR (3Y) -1.3% 12.5% 3.6%
Gross profit growth (1Y) 3.5% 40.6% 11.1%
Gross profit CAGR (3Y) -0.2% 13.3% 4.6%
Operating income growth (1Y) -5.7% 200.1% 30.7%
Operating income CAGR (3Y) -5.0% 29.1% 0.7%
Net income growth (1Y) -48.7% 364.5% 30.3%
Net income CAGR (3Y) -20.0% 43.5% 1.7%
EPS growth (1Y) -45.8% 359.9% 30.7%
EPS CAGR (3Y) -16.9% 44.8% 2.7%
Operating cash flow growth (1Y) -38.9% 34.5% -0.1%
Operating cash flow CAGR (3Y) 50.4% 201.2% -10.7%
Free cash flow growth (1Y) -42.4% 34.5% -3.9%
Free cash flow CAGR (3Y) 39.0% 95.4% -12.5%

Profitability

14 metrics
MetricAUDCCIENCSCO
Gross margin 65.7% 44.1% 64.5%
EBITDA margin 7.6% 14.9% 28.3%
Operating margin 5.8% 12.3% 24.3%
Pretax margin 4.5% 12.1% 25.3%
Net margin 2.8% 10.9% 21.0%
FCF margin 13.1% 13.5% 20.2%
Operating cash flow margin 10.9% 17.5% 22.4%
Return on equity 10.3% 22.0% 26.8%
Return on assets 5.0% 9.3% 10.4%
Return on invested capital 9.1% 12.4% 15.9%
Return on capital employed 6.5% 13.1% 17.9%
Asset turnover 0.8x 0.9x 0.5x
Cash conversion (OCF / net income) 3.8x 1.6x 1.1x
Stock comp / revenue 2.4% 3.5% 6.0%

Financial Health

11 metrics
MetricAUDCCIENCSCO
Debt / assets 2.4% 40.4% 22.8%
Debt / equity 0.1x 1.1x 0.6x
Net debt / EBITDA -2.9x 0.7x 0.8x
Debt / FCF 0.2x 4.0x 2.3x
Liabilities / assets 52.8% 61.8% 61.2%
Equity / assets 47.2% 38.2% 38.8%
Interest coverage – 10.6x 10.5x
Current ratio 1.9x 3.8x 0.9x
Quick ratio 1.4x 2.8x 0.6x
Cash ratio 0.7x 1.9x 0.4x
Altman Z-score – 7.25 4.19

Shareholder Returns

7 metrics
MetricAUDCCIENCSCO
Dividend yield 3.4% – 1.5%
Net buyback yield -13.1% -1.0% 1.3%
Shareholder yield -9.6% -1.0% 2.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAUDCCIENCSCO
Forward P/E 18.3xFY2026 46.2xFY2026 23.5xFY2027
EPS, next fiscal year $0.64FY2026 $7.60FY2026 $4.74FY2027
EPS growth, next FY +4.9%FY2026 +187.9%FY2026 +9.5%FY2027
EPS growth, the year after +3.1% +64.7% +20.7%
Revenue, next fiscal year $265.51MFY2026 $6.86BFY2026 $74.93BFY2027
Revenue growth, next FY +8.1%FY2026 +43.8%FY2026 +18.3%FY2027
Revenue growth, the year after +1.2% +18.0% +0.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAUDCCIENCSCO
Held by institutions 33.5% 92.9% 80.1%
Institutions holding 67 1,220 4,046
Change in shares held, QoQ +7.5% -1.7% +5.0%
Institutions buying 31 729 1,847
Institutions selling 20 379 1,817
Buyers to sellers 1.55 1.92 1.02

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AUDCCIENCSCO
AUDC 1.00 0.22 0.25
CIEN 0.22 1.00 0.36
CSCO 0.25 0.36 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AUDC, CIEN and CSCO?

Cisco Systems (CSCO) is the largest by market capitalisation: Audiocodes (AUDC) $316.94M, Ciena (CIEN) $49.83B, Cisco Systems (CSCO) $439.51B.

Which stock is cheaper, AUDC, CIEN and CSCO?

Cisco Systems (CSCO) trades on the lowest price-to-earnings ratio (Audiocodes (AUDC) 47.2x, Ciena (CIEN) 76.2x, Cisco Systems (CSCO) 33.2x). On next year's consensus earnings, Audiocodes (AUDC) is cheapest (Audiocodes (AUDC) 18.3x, Ciena (CIEN) 46.2x, Cisco Systems (CSCO) 23.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ciena (CIEN) grew revenue fastest over the trailing twelve months: Audiocodes (AUDC) +2.5%, Ciena (CIEN) +32.6%, Cisco Systems (CSCO) +11.8%.

Which company is more profitable?

Cisco Systems (CSCO) has the highest net margin (Audiocodes (AUDC) 2.8%, Ciena (CIEN) 10.9%, Cisco Systems (CSCO) 21.0%). On return on invested capital, Cisco Systems (CSCO) leads (Audiocodes (AUDC) 9.1%, Ciena (CIEN) 12.4%, Cisco Systems (CSCO) 15.9%).

Which stock has performed better?

Over the past year Ciena (CIEN) returned the most: Audiocodes (AUDC) +29.3%, Ciena (CIEN) +92.4%, Cisco Systems (CSCO) +56.0%. Over five years, Ciena (CIEN) compounded fastest (Audiocodes (AUDC) -19.5%/yr, Ciena (CIEN) +45.3%/yr, Cisco Systems (CSCO) +14.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Audiocodes (AUDC) has the highest dividend yield: Audiocodes (AUDC) 3.42%, Cisco Systems (CSCO) 1.50%. Ciena (CIEN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cisco Systems (CSCO) has been the steadiest (Audiocodes (AUDC) 42.0%, Ciena (CIEN) 77.8%, Cisco Systems (CSCO) 35.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AUDC, CIEN and CSCO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cisco Systems (CSCO) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.