CIEN vs CSCO vs FKWL Stock Comparison

Ciena, Cisco Systems and Franklin Wireless Prices as of Oct 28, 2026 Peers: Industry group
CIEN Ciena Corp
$363.26 +5.6% 1M +98.5% 1Y
Market cap
$51.55B
P/E
78.9x
Revenue (TTM)
$6.02B
Div. yield
–
Networking Equipment Technology
5 wins
CSCO Cisco Systems, Inc.
$110.29 +3.3% 1M +51.9% 1Y
Market cap
$435.20B
P/E
32.9x
Revenue (TTM)
$63.33B
Div. yield
1.51%
Networking Equipment Technology
5 wins
FKWL Franklin Wireless Corp
$2.19 -9.5% 1M -56.4% 1Y
Market cap
$25.81M
P/E
–
Revenue (TTM)
$36.51M
Div. yield
1.83%
Networking Equipment Technology
2 wins

Head to Head

12 decided of 12

Cisco Systems leads on 5 of the 12 questions below (Cisco Systems 5, Ciena 5, Franklin Wireless 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCIENCSCOFKWLLeader
Larger companyMarket capitalisation $51.55B $435.20B $25.81M CSCO
Cheaper on earningsLower P/E, profitable companies only 78.9x 32.9x -5.4x CSCO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 47.8x 23.3x 54.8x CSCO
Faster revenue growthRevenue growth, trailing twelve months +32.6% +11.8% -20.8% CIEN
More profitableNet margin, trailing twelve months 10.9% 21.0% -13.0% CSCO
Better return on capitalReturn on invested capital 12.4% 15.9% — CSCO
Less leveragedLower net debt / EBITDA 0.7x 0.8x — CIEN
Higher dividend yieldTrailing dividend yield — 1.51% 1.83% FKWL
Better 1-year returnPrice return, last 12 months +98.5% +51.9% -56.4% CIEN
Better 5-year returnAnnualised price return, 5 years +46.3%/yr +14.5%/yr -16.0%/yr CIEN
Less volatileAnnualised volatility, 1 year 77.9% 35.5% 32.3% FKWL
Higher overall scoreMean of the five percentile scores vs peers 56/100 55/100 37/100 CIEN

Percentile Scorecard

CIENCSCOFKWL

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

AxisCIENCSCOFKWL
Valuation 21 #88 of 111 33 #75 of 111 29 #79 of 111
Growth 94 #7 of 108 40 #65 of 108 1 #107 of 108
Profitability 84 #18 of 104 88 #13 of 104 15 #89 of 104
Financial Health 43 #66 of 115 31 #80 of 115 62 #44 of 115
Shareholder Returns 36 #50 of 78 82 #15 of 78 79 #17 of 78
Overall 56 55 37
  • CIEN ranked among 121 companies in Computer Hardware
  • CSCO ranked among 121 companies in Computer Hardware
  • FKWL ranked among 121 companies in Computer Hardware

Price Performance

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

Returns

PeriodCIENCSCOFKWLSPY
1 month +5.6%+3.3%-9.5% +0.9%
3 months +9.9%-1.9%-5.2% +5.9%
6 months -23.6%+23.1%-39.5% +8.5%
Year to date +55.3%+43.2%-49.9% +13.3%
1 year +98.5%+51.9%-56.4% +12.4%
3 years +785.6%+113.9%-24.2% +88.1%
3 years, per year +107.0%+28.9%-8.8% +23.5%
5 years +569.1%+97.1%-58.2% +68.2%
5 years, per year +46.3%+14.5%-16.0% +11.0%
10 years +1,761.9%+260.5%-3.1% +263.4%
10 years, per year +34.0%+13.7%-0.3% +13.8%

Risk

MeasureCIENCSCOFKWLSPY
Volatility, 1Y 77.9%35.5%32.3% 12.7%
Downside volatility, 1Y 82.8%37.1%36.6% 12.7%
Beta vs S&P 500, 1Y 2.791.10-0.12 1.00
Return / volatility, 1Y 1.261.46-1.75 0.98
Max drawdown, 5Y -49.7%-38.6%-68.9% -25.4%
From 52-week high -42.1%-15.2%-57.7% -0.9%
52-week high $627.00$130.00$5.18 $779.14
52-week low $176.45$71.04$2.16 $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.

MultipleCIENCSCOFKWL
P/E now vs peer median 78.9xmedian 33.5x 32.9xmedian 33.5x -5.4xmedian 33.5x
P/S now vs peer median 8.6xmedian 2.8x 6.9xmedian 2.8x 0.7xmedian 2.8x
EV/EBITDA now vs peer median 58.1xmedian 19.6x 25.1xmedian 19.6x —median 19.6x
P/FCF now vs peer median 63.3xmedian 29.8x 34.1xmedian 29.8x -4.1xmedian 29.8x
P/B now vs peer median 16.9xmedian 2.9x 8.7xmedian 2.9x 0.8xmedian 2.9x
PEG now vs peer median 1.76median 1.10 12.20median 1.10 0.30median 1.10

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 monthsCIENCSCOFKWL
Revenue $6.02B $63.33B $36.51M
Gross profit $2.65B $40.86B $6.26M
Operating income $738.95M $15.37B -$2.68M
Net income $654.41M $13.27B -$6.92M
Free cash flow $814.36M $12.77B -$6.33M
R&D $924.94M $9.56B $3.23M
EPS (diluted) $4.48 $3.33 $-0.40
Cash & equivalents $2.45B $7.22B –
Total debt $3.23B $29.53B –
Shares (diluted) 145.97M 3.99B 11.78M
Enterprise value $45.11B $371.13B -$96.86M

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
MetricCIENCSCOFKWL
P/E 78.9x 32.9x -5.4x
P/FCF 63.3x 34.1x -4.1x
P/Operating cash flow 48.9x 30.7x -4.1x
P/S 8.6x 6.9x 0.7x
P/B 16.9x 8.7x 0.8x
P/Tangible book 18.0x 10.2x 0.9x
EV/EBITDA 58.1x 25.1x –
EV/EBIT 70.6x 29.2x -2.7x
EV/Revenue 8.7x 7.1x 0.2x
EV/FCF 64.0x 35.2x -1.1x
EV/Operating cash flow 49.4x 31.7x -1.2x
PEG (3Y EPS CAGR) 1.76 12.20 0.30

Growth

14 metrics
MetricCIENCSCOFKWL
Revenue growth (1Y) 32.6% 11.8% -20.8%
Revenue CAGR (3Y) 12.5% 3.6% -7.4%
Gross profit growth (1Y) 40.6% 11.1% -21.0%
Gross profit CAGR (3Y) 13.3% 4.6% -3.8%
Operating income growth (1Y) 200.1% 30.7% 6.5%
Operating income CAGR (3Y) 29.1% 0.7% -4.5%
Net income growth (1Y) 364.5% 30.3% -4,827%
Net income CAGR (3Y) 43.5% 1.7% -32.9%
EPS growth (1Y) 359.9% 30.7% -1,851%
EPS CAGR (3Y) 44.8% 2.7% -18.2%
Operating cash flow growth (1Y) 34.5% -0.1% -441.4%
Operating cash flow CAGR (3Y) 201.2% -10.7% -49.6%
Free cash flow growth (1Y) 34.5% -3.9% -449.2%
Free cash flow CAGR (3Y) 95.4% -12.5% -48.6%

Profitability

14 metrics
MetricCIENCSCOFKWL
Gross margin 44.1% 64.5% 17.1%
EBITDA margin 14.9% 28.3% –
Operating margin 12.3% 24.3% -7.3%
Pretax margin 12.1% 25.3% -19.3%
Net margin 10.9% 21.0% -13.0%
FCF margin 13.5% 20.2% -17.3%
Operating cash flow margin 17.5% 22.4% -17.2%
Return on equity 22.0% 26.8% -20.7%
Return on assets 9.3% 10.4% -14.3%
Return on invested capital 12.4% 15.9% –
Return on capital employed 13.1% 17.9% -8.1%
Asset turnover 0.9x 0.5x 0.8x
Cash conversion (OCF / net income) 1.6x 1.1x 0.9x
Stock comp / revenue 3.5% 6.0% –

Financial Health

11 metrics
MetricCIENCSCOFKWL
Debt / assets 40.4% 22.8% –
Debt / equity 1.1x 0.6x –
Net debt / EBITDA 0.7x 0.8x –
Debt / FCF 4.0x 2.3x –
Liabilities / assets 61.8% 61.2% 34.2%
Equity / assets 38.2% 38.8% 65.8%
Interest coverage 10.6x 10.5x –
Current ratio 3.8x 0.9x 2.7x
Quick ratio 2.8x 0.6x 1.4x
Cash ratio 1.9x 0.4x 1.2x
Altman Z-score 7.46 4.16 2.82

Shareholder Returns

7 metrics
MetricCIENCSCOFKWL
Dividend yield – 1.5% 1.8%
Net buyback yield -0.9% 1.3% –
Shareholder yield -0.9% 2.8% 1.8%
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.

ConsensusCIENCSCOFKWL
Forward P/E 47.8xFY2026 23.3xFY2027 54.8xFY2027
EPS, next fiscal year $7.60FY2026 $4.74FY2027 $0.04FY2027
EPS growth, next FY +187.9%FY2026 +9.5%FY2027 –
EPS growth, the year after +64.7% +20.7% -50.0%
Revenue, next fiscal year $6.86BFY2026 $74.93BFY2027 $46.08MFY2027
Revenue growth, next FY +43.8%FY2026 +18.3%FY2027 +26.2%FY2027
Revenue growth, the year after +18.0% +0.6% +19.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCIENCSCOFKWL
Held by institutions 92.9% 80.1% 13.1%
Institutions holding 1,220 4,046 19
Change in shares held, QoQ -1.7% +5.0% +38.6%
Institutions buying 729 1,847 9
Institutions selling 379 1,817 3
Buyers to sellers 1.92 1.02 3.00

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.

CIENCSCOFKWL
CIEN 1.00 0.36 -0.06
CSCO 0.36 1.00 0.02
FKWL -0.06 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CIEN, CSCO and FKWL?

Cisco Systems (CSCO) is the largest by market capitalisation: Ciena (CIEN) $51.55B, Cisco Systems (CSCO) $435.20B, Franklin Wireless (FKWL) $25.81M.

Which stock is cheaper, CIEN, CSCO and FKWL?

Cisco Systems (CSCO) trades on the lowest price-to-earnings ratio (Ciena (CIEN) 78.9x, Cisco Systems (CSCO) 32.9x, Franklin Wireless (FKWL) -5.4x). On next year's consensus earnings, Cisco Systems (CSCO) is cheapest (Ciena (CIEN) 47.8x, Cisco Systems (CSCO) 23.3x, Franklin Wireless (FKWL) 54.8x). 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: Ciena (CIEN) +32.6%, Cisco Systems (CSCO) +11.8%, Franklin Wireless (FKWL) -20.8%.

Which company is more profitable?

Cisco Systems (CSCO) has the highest net margin (Ciena (CIEN) 10.9%, Cisco Systems (CSCO) 21.0%, Franklin Wireless (FKWL) -13.0%). On return on invested capital, Cisco Systems (CSCO) leads (Ciena (CIEN) 12.4%, Cisco Systems (CSCO) 15.9%).

Which stock has performed better?

Over the past year Ciena (CIEN) returned the most: Ciena (CIEN) +98.5%, Cisco Systems (CSCO) +51.9%, Franklin Wireless (FKWL) -56.4%. Over five years, Ciena (CIEN) compounded fastest (Ciena (CIEN) +46.3%/yr, Cisco Systems (CSCO) +14.5%/yr, Franklin Wireless (FKWL) -16.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Franklin Wireless (FKWL) has the highest dividend yield: Cisco Systems (CSCO) 1.51%, Franklin Wireless (FKWL) 1.83%. Ciena (CIEN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Franklin Wireless (FKWL) has been the steadiest (Ciena (CIEN) 77.9%, Cisco Systems (CSCO) 35.5%, Franklin Wireless (FKWL) 32.3%). Volatility measures how widely the price swings, not the risk of the business.

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

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.