CIEN vs DOX vs FKWL Stock Comparison

Ciena, Amdocs and Franklin Wireless Prices as of Nov 4, 2026 Peers: Industry group
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CIEN Ciena Corp
$271.66 -30.3% 1M +48.6% 1Y
Market cap
$38.55B
P/E
59.0x
Revenue (TTM)
$6.02B
Div. yield
–
Networking Equipment Technology
5 wins
DOX Amdocs Ltd
$43.66 -25.3% 1M -47.7% 1Y
Market cap
$4.73B
P/E
9.7x
Revenue (TTM)
$4.70B
Div. yield
5.12%
Networking Equipment Technology
5 wins
FKWL Franklin Wireless Corp
$2.12 -8.2% 1M -58.1% 1Y
Market cap
$24.98M
P/E
–
Revenue (TTM)
$36.51M
Div. yield
1.89%
Networking Equipment Technology
1 win

Head to Head

11 decided of 12

Ciena leads on 5 of the 12 questions below (Ciena 5, Amdocs 5, Franklin Wireless 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCIENDOXFKWLLeader
Larger companyMarket capitalisation $38.55B $4.73B $24.98M CIEN
Cheaper on earningsLower P/E, profitable companies only 59.0x 9.7x -5.3x DOX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 35.7x 5.5x 53.0x DOX
Faster revenue growthRevenue growth, trailing twelve months +32.6% +3.6% -20.8% CIEN
More profitableNet margin, trailing twelve months 10.9% 10.7% -13.0% CIEN
Better return on capitalReturn on invested capital 12.4% 12.6% — DOX
Less leveragedLower net debt / EBITDA 0.7x — — –
Higher dividend yieldTrailing dividend yield — 5.12% 1.89% DOX
Better 1-year returnPrice return, last 12 months +48.6% -47.7% -58.1% CIEN
Better 5-year returnAnnualised price return, 5 years +35.1%/yr -10.4%/yr -16.5%/yr CIEN
Less volatileAnnualised volatility, 1 year 80.1% 46.7% 32.3% FKWL
Higher overall scoreMean of the five percentile scores vs peers 55/100 67/100 37/100 DOX

Percentile Scorecard

CIENDOXFKWL

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

AxisCIENDOXFKWL
Valuation 23 #87 of 112 89 #13 of 112 31 #78 of 112
Growth 94 #7 of 108 36 #70 of 108 1 #107 of 108
Profitability 82 #20 of 104 85 #16 of 104 16 #88 of 104
Financial Health 41 #69 of 116 30 #81 of 116 63 #44 of 116
Shareholder Returns 35 #56 of 85 94 #6 of 85 77 #20 of 85
Overall 55 67 37
  • CIEN ranked among 121 companies in Computer Hardware
  • DOX 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

PeriodCIENDOXFKWLSPY
1 month -30.3%-25.3%-8.2% -1.0%
3 months -33.6%-21.0%-5.8% -0.4%
6 months -52.9%-31.7%-39.6% +4.5%
Year to date +16.2%-45.8%-51.5% +12.4%
1 year +48.6%-47.7%-58.1% +13.6%
3 years +518.8%-47.1%-26.9% +76.4%
3 years, per year +83.7%-19.1%-9.9% +20.8%
5 years +349.0%-42.3%-59.4% +63.7%
5 years, per year +35.1%-10.4%-16.5% +10.4%
10 years +1,311.2%-25.0%-9.0% +267.7%
10 years, per year +30.3%-2.8%-0.9% +13.9%

Risk

MeasureCIENDOXFKWLSPY
Volatility, 1Y 80.1%46.7%32.3% 12.8%
Downside volatility, 1Y 86.6%60.7%36.6% 12.7%
Beta vs S&P 500, 1Y 2.76-0.13-0.15 1.00
Return / volatility, 1Y 0.61-1.02-1.80 1.06
Max drawdown, 5Y -56.7%-55.8%-69.5% -25.4%
From 52-week high -56.7%-48.9%-59.1% -1.6%
52-week high $627.00$85.49$5.18 $779.14
52-week low $176.45$43.66$2.12 $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.

MultipleCIENDOXFKWL
P/E now vs peer median 59.0xmedian 28.1x 9.7xmedian 28.1x -5.3xmedian 28.1x
P/S now vs peer median 6.4xmedian 2.6x 1.0xmedian 2.6x 0.7xmedian 2.6x
EV/EBITDA now vs peer median 43.6xmedian 18.4x —median 18.4x —median 18.4x
P/FCF now vs peer median 47.3xmedian 26.6x 3.4xmedian 26.6x -3.9xmedian 26.6x
P/B now vs peer median 12.6xmedian 2.8x 1.4xmedian 2.8x 0.8xmedian 2.8x
PEG now vs peer median 1.32median 1.11 178.68median 1.11 0.29median 1.11

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 monthsCIENDOXFKWL
Revenue $6.02B $4.70B $36.51M
Gross profit $2.65B $1.79B $6.26M
Operating income $738.95M $682.94M -$2.68M
Net income $654.41M $501.24M -$6.92M
Free cash flow $814.36M $1.38B -$6.33M
R&D $924.94M $335.46M $3.23M
EPS (diluted) $4.48 $4.57 $-0.40
Cash & equivalents $2.45B $197.05M –
Total debt $3.23B $946.99M –
Shares (diluted) 145.97M 109.66M 11.78M
Enterprise value $32.11B $3.91B -$97.68M

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
MetricCIENDOXFKWL
P/E 59.0x 9.7x -5.3x
P/FCF 47.3x 3.4x -3.9x
P/Operating cash flow 36.5x 3.9x -4.0x
P/S 6.4x 1.0x 0.7x
P/B 12.6x 1.4x 0.8x
P/Tangible book 13.4x 1.4x 0.8x
EV/EBITDA 43.6x – –
EV/EBIT 53.0x 8.0x -2.4x
EV/Revenue 6.5x 1.2x 0.2x
EV/FCF 48.1x 4.0x -1.0x
EV/Operating cash flow 37.1x 4.6x -1.0x
PEG (3Y EPS CAGR) 1.32 178.68 0.29

Growth

14 metrics
MetricCIENDOXFKWL
Revenue growth (1Y) 32.6% 3.6% -20.8%
Revenue CAGR (3Y) 12.5% -1.3% -7.4%
Gross profit growth (1Y) 40.6% 4.0% -21.0%
Gross profit CAGR (3Y) 13.3% 1.2% -3.8%
Operating income growth (1Y) 200.1% -6.7% 6.5%
Operating income CAGR (3Y) 29.1% 1.5% -4.5%
Net income growth (1Y) 364.5% -11.7% -4,827%
Net income CAGR (3Y) 43.5% -2.6% -32.9%
EPS growth (1Y) 359.9% -11.2% -1,851%
EPS CAGR (3Y) 44.8% 0.1% -18.2%
Operating cash flow growth (1Y) 34.5% 60.4% -441.4%
Operating cash flow CAGR (3Y) 201.2% 13.5% -49.6%
Free cash flow growth (1Y) 34.5% 62.2% -449.2%
Free cash flow CAGR (3Y) 95.4% 13.5% -48.6%

Profitability

14 metrics
MetricCIENDOXFKWL
Gross margin 44.1% 38.1% 17.1%
EBITDA margin 14.9% – –
Operating margin 12.3% 14.5% -7.3%
Pretax margin 12.1% 13.5% -19.3%
Net margin 10.9% 10.7% -13.0%
FCF margin 13.5% 29.5% -17.3%
Operating cash flow margin 17.5% 25.6% -17.2%
Return on equity 22.0% 15.0% -20.7%
Return on assets 9.3% 7.8% -14.3%
Return on invested capital 12.4% 12.6% –
Return on capital employed 13.1% 14.6% -8.1%
Asset turnover 0.9x 0.7x 0.8x
Cash conversion (OCF / net income) 1.6x 2.4x 0.9x
Stock comp / revenue 3.5% – –

Financial Health

11 metrics
MetricCIENDOXFKWL
Debt / assets 40.4% 14.8% –
Debt / equity 1.1x 0.3x –
Net debt / EBITDA 0.7x – –
Debt / FCF 4.0x 0.7x –
Liabilities / assets 61.8% 47.9% 34.2%
Equity / assets 38.2% 52.1% 65.8%
Interest coverage 10.6x – –
Current ratio 3.8x 0.9x 2.7x
Quick ratio 2.8x 0.1x 1.4x
Cash ratio 1.9x 0.1x 1.2x
Altman Z-score 5.88 – 2.79

Shareholder Returns

7 metrics
MetricCIENDOXFKWL
Dividend yield – 5.1% 1.9%
Net buyback yield -1.3% – –
Shareholder yield -1.3% 5.1% 1.9%
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.

ConsensusCIENDOXFKWL
Forward P/E 35.7xFY2026 5.5xFY2026 53.0xFY2027
EPS, next fiscal year $7.60FY2026 $7.92FY2026 $0.04FY2027
EPS growth, next FY +187.9%FY2026 +13.3%FY2026 –
EPS growth, the year after +64.7% +4.0% -50.0%
Revenue, next fiscal year $6.86BFY2026 $4.46BFY2026 $46.08MFY2027
Revenue growth, next FY +43.8%FY2026 -1.6%FY2026 +26.2%FY2027
Revenue growth, the year after +18.0% +5.0% +19.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCIENDOXFKWL
Held by institutions 93.0% 93.0% 13.1%
Institutions holding 1,224 448 19
Change in shares held, QoQ -1.7% +0.5% +38.6%
Institutions buying 733 250 9
Institutions selling 379 153 3
Buyers to sellers 1.93 1.63 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.

CIENDOXFKWL
CIEN 1.00 -0.04 -0.06
DOX -0.04 1.00 0.09
FKWL -0.06 0.09 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CIEN, DOX and FKWL?

Ciena (CIEN) is the largest by market capitalisation: Ciena (CIEN) $38.55B, Amdocs (DOX) $4.73B, Franklin Wireless (FKWL) $24.98M.

Which stock is cheaper, CIEN, DOX and FKWL?

Amdocs (DOX) trades on the lowest price-to-earnings ratio (Ciena (CIEN) 59.0x, Amdocs (DOX) 9.7x, Franklin Wireless (FKWL) -5.3x). On next year's consensus earnings, Amdocs (DOX) is cheapest (Ciena (CIEN) 35.7x, Amdocs (DOX) 5.5x, Franklin Wireless (FKWL) 53.0x). 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%, Amdocs (DOX) +3.6%, Franklin Wireless (FKWL) -20.8%.

Which company is more profitable?

Ciena (CIEN) has the highest net margin (Ciena (CIEN) 10.9%, Amdocs (DOX) 10.7%, Franklin Wireless (FKWL) -13.0%). On return on invested capital, Amdocs (DOX) leads (Ciena (CIEN) 12.4%, Amdocs (DOX) 12.6%).

Which stock has performed better?

Over the past year Ciena (CIEN) returned the most: Ciena (CIEN) +48.6%, Amdocs (DOX) -47.7%, Franklin Wireless (FKWL) -58.1%. Over five years, Ciena (CIEN) compounded fastest (Ciena (CIEN) +35.1%/yr, Amdocs (DOX) -10.4%/yr, Franklin Wireless (FKWL) -16.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Amdocs (DOX) has the highest dividend yield: Amdocs (DOX) 5.12%, Franklin Wireless (FKWL) 1.89%. Ciena (CIEN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Franklin Wireless (FKWL) has been the steadiest (Ciena (CIEN) 80.1%, Amdocs (DOX) 46.7%, Franklin Wireless (FKWL) 32.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CIEN, DOX 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, Ciena (CIEN) 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.