DOX vs CSCO vs CIEN Stock Comparison

Amdocs, Cisco Systems and Ciena Prices as of Oct 27, 2026 Peers: Industry group
DOX Amdocs Ltd
$61.77 +7.0% 1M -26.7% 1Y
Market cap
$6.85B
P/E
15.0x
Revenue (TTM)
$4.65B
Div. yield
–
Networking Equipment Technology
4 wins
CSCO Cisco Systems, Inc.
$111.38 +4.4% 1M +56.0% 1Y
Market cap
$434.69B
P/E
32.8x
Revenue (TTM)
$63.33B
Div. yield
–
Networking Equipment Technology
3 wins
CIEN Ciena Corp
$351.18 -1.6% 1M +92.4% 1Y
Market cap
$51.14B
P/E
78.2x
Revenue (TTM)
$6.02B
Div. yield
–
Networking Equipment Technology
4 wins

Head to Head

11 decided of 12

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

QuestionDOXCSCOCIENLeader
Larger companyMarket capitalisation $6.85B $434.69B $51.14B CSCO
Cheaper on earningsLower P/E, profitable companies only 15.0x 32.8x 78.2x DOX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.8x 23.5x 46.2x DOX
Faster revenue growthRevenue growth, trailing twelve months +0.1% +11.8% +32.6% CIEN
More profitableNet margin, trailing twelve months 9.8% 21.0% 10.9% CSCO
Better return on capitalReturn on invested capital — 15.9% 12.4% CSCO
Less leveragedLower net debt / EBITDA 0.9x 0.8x 0.7x CIEN
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -26.7% +56.0% +92.4% CIEN
Better 5-year returnAnnualised price return, 5 years -4.2%/yr +14.7%/yr +45.3%/yr CIEN
Less volatileAnnualised volatility, 1 year 29.8% 35.5% 77.8% DOX
Higher overall scoreMean of the five percentile scores vs peers 64/100 54/100 55/100 DOX

Percentile Scorecard

DOXCSCOCIEN

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

AxisDOXCSCOCIEN
Valuation 90 #12 of 112 32 #76 of 112 22 #88 of 112
Growth 15 #93 of 109 41 #65 of 109 95 #6 of 109
Profitability 84 #18 of 104 87 #14 of 104 83 #19 of 104
Financial Health 36 #75 of 116 30 #82 of 116 43 #67 of 116
Shareholder Returns 96 #4 of 81 79 #18 of 81 35 #53 of 81
Overall 64 54 55
  • DOX ranked among 122 companies in Computer Hardware
  • CSCO ranked among 122 companies in Computer Hardware
  • CIEN ranked among 122 companies in Computer Hardware

Price Performance

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

Returns

PeriodDOXCSCOCIENSPY
1 month +7.0%+4.4%-1.6% -0.2%
3 months +12.6%-3.6%+0.2% +3.9%
6 months -3.9%+28.2%-25.9% +8.2%
Year to date -23.3%+44.6%+50.2% +12.9%
1 year -26.7%+56.0%+92.4% +12.3%
3 years -21.5%+116.0%+756.1% +87.4%
3 years, per year -7.8%+29.3%+104.7% +23.3%
5 years -19.4%+98.0%+546.3% +67.9%
5 years, per year -4.2%+14.7%+45.3% +10.9%
10 years +5.9%+266.6%+1,696.3% +261.1%
10 years, per year +0.6%+13.9%+33.5% +13.7%

Risk

MeasureDOXCSCOCIENSPY
Volatility, 1Y 29.8%35.5%77.8% 12.7%
Downside volatility, 1Y 32.5%37.3%82.8% 12.7%
Beta vs S&P 500, 1Y 0.251.112.79 1.00
Return / volatility, 1Y -0.901.581.19 0.97
Max drawdown, 5Y -49.5%-38.6%-49.7% -25.4%
From 52-week high -27.7%-14.3%-44.0% -1.2%
52-week high $85.49$130.00$627.00 $779.14
52-week low $49.87$71.04$176.45 $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.

MultipleDOXCSCOCIEN
P/E now vs peer median 15.0xmedian 33.2x 33.2xmedian 33.2x 76.2xmedian 33.2x
P/S now vs peer median 1.4xmedian 2.8x 6.9xmedian 2.8x 8.3xmedian 2.8x
EV/EBITDA now vs peer median 8.9xmedian 20.0x 25.3xmedian 20.0x 56.2xmedian 20.0x
P/FCF now vs peer median 7.8xmedian 29.8x 34.4xmedian 29.8x 61.2xmedian 29.8x
P/B now vs peer median 2.0xmedian 3.0x 8.7xmedian 3.0x 16.3xmedian 3.0x
PEG now vs peer median -4.11median 1.17 12.32median 1.17 1.70median 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 monthsDOXCSCOCIEN
Revenue $4.65B $63.33B $6.02B
Gross profit $1.78B $40.86B $2.65B
Operating income $626.70M $15.37B $738.95M
Net income $457.53M $13.27B $654.41M
Free cash flow $858.80M $12.77B $814.36M
R&D $343.21M $9.56B $924.94M
EPS (diluted) $4.17 $3.33 $4.48
Cash & equivalents $206.45M $7.22B $2.45B
Total debt $3.25B $29.53B $3.23B
Shares (diluted) 109.66M 3.99B 145.97M
Enterprise value $5.86B $370.61B $44.70B

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
MetricDOXCSCOCIEN
P/E 15.0x 33.2x 76.2x
P/FCF 7.8x 34.4x 61.2x
P/Operating cash flow 8.9x 31.0x 47.2x
P/S 1.4x 6.9x 8.3x
P/B 2.0x 8.7x 16.3x
P/Tangible book 2.2x 10.3x 17.4x
EV/EBITDA 8.9x 25.3x 56.2x
EV/EBIT 11.8x 29.5x 68.2x
EV/Revenue 1.6x 7.2x 8.4x
EV/FCF 8.6x 35.5x 61.9x
EV/Operating cash flow 9.9x 32.0x 47.8x
PEG (3Y EPS CAGR) -4.11 12.32 1.70

Growth

14 metrics
MetricDOXCSCOCIEN
Revenue growth (1Y) 0.1% 11.8% 32.6%
Revenue CAGR (3Y) -1.1% 3.6% 12.5%
Gross profit growth (1Y) 2.9% 11.1% 40.6%
Gross profit CAGR (3Y) 1.5% 4.6% 13.3%
Operating income growth (1Y) -11.9% 30.7% 200.1%
Operating income CAGR (3Y) -3.0% 0.7% 29.1%
Net income growth (1Y) -18.0% 30.3% 364.5%
Net income CAGR (3Y) -7.0% 1.7% 43.5%
EPS growth (1Y) -14.5% 30.7% 359.9%
EPS CAGR (3Y) -3.7% 2.7% 44.8%
Operating cash flow growth (1Y) 1.6% -0.1% 34.5%
Operating cash flow CAGR (3Y) -0.8% -10.7% 201.2%
Free cash flow growth (1Y) 2.8% -3.9% 34.5%
Free cash flow CAGR (3Y) -3.2% -12.5% 95.4%

Profitability

14 metrics
MetricDOXCSCOCIEN
Gross margin 38.3% 64.5% 44.1%
EBITDA margin 17.9% 28.3% 14.9%
Operating margin 13.5% 24.3% 12.3%
Pretax margin 12.5% 25.3% 12.1%
Net margin 9.8% 21.0% 10.9%
FCF margin 18.5% 20.2% 13.5%
Operating cash flow margin 16.1% 22.4% 17.5%
Return on equity – 26.8% 22.0%
Return on assets 7.2% 10.4% 9.3%
Return on invested capital – 15.9% 12.4%
Return on capital employed 13.4% 17.9% 13.1%
Asset turnover 0.7x 0.5x 0.9x
Cash conversion (OCF / net income) 1.6x 1.1x 1.6x
Stock comp / revenue 2.4% 6.0% 3.5%

Financial Health

11 metrics
MetricDOXCSCOCIEN
Debt / assets 14.5% 22.8% 40.4%
Debt / equity 0.3x 0.6x 1.1x
Net debt / EBITDA 0.9x 0.8x 0.7x
Debt / FCF 1.1x 2.3x 4.0x
Liabilities / assets 48.1% 61.2% 61.8%
Equity / assets 51.9% 38.8% 38.2%
Interest coverage – 10.5x 10.6x
Current ratio 0.9x 0.9x 3.8x
Quick ratio 1.0x 0.6x 2.8x
Cash ratio 0.1x 0.4x 1.9x
Altman Z-score 3.93 4.19 7.25

Shareholder Returns

7 metrics
MetricDOXCSCOCIEN
Dividend yield 3.6% 1.5% –
Net buyback yield 7.9% 1.3% -1.0%
Shareholder yield 11.5% 2.8% -1.0%
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.

ConsensusDOXCSCOCIEN
Forward P/E 7.8xFY2026 23.5xFY2027 46.2xFY2026
EPS, next fiscal year $7.92FY2026 $4.74FY2027 $7.60FY2026
EPS growth, next FY +13.3%FY2026 +9.5%FY2027 +187.9%FY2026
EPS growth, the year after +4.0% +20.7% +64.7%
Revenue, next fiscal year $4.46BFY2026 $74.93BFY2027 $6.86BFY2026
Revenue growth, next FY -1.6%FY2026 +18.3%FY2027 +43.8%FY2026
Revenue growth, the year after +5.0% +0.6% +18.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOXCSCOCIEN
Held by institutions 93.0% 80.1% 92.9%
Institutions holding 446 4,046 1,220
Change in shares held, QoQ +0.5% +5.0% -1.7%
Institutions buying 250 1,847 729
Institutions selling 151 1,817 379
Buyers to sellers 1.66 1.02 1.92

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.

DOXCSCOCIEN
DOX 1.00 -0.04 -0.20
CSCO -0.04 1.00 0.36
CIEN -0.20 0.36 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DOX, CSCO and CIEN?

Cisco Systems (CSCO) is the largest by market capitalisation: Amdocs (DOX) $6.85B, Cisco Systems (CSCO) $434.69B, Ciena (CIEN) $51.14B.

Which stock is cheaper, DOX, CSCO and CIEN?

Amdocs (DOX) trades on the lowest price-to-earnings ratio (Amdocs (DOX) 15.0x, Cisco Systems (CSCO) 32.8x, Ciena (CIEN) 78.2x). On next year's consensus earnings, Amdocs (DOX) is cheapest (Amdocs (DOX) 7.8x, Cisco Systems (CSCO) 23.5x, Ciena (CIEN) 46.2x). 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: Amdocs (DOX) +0.1%, Cisco Systems (CSCO) +11.8%, Ciena (CIEN) +32.6%.

Which company is more profitable?

Cisco Systems (CSCO) has the highest net margin (Amdocs (DOX) 9.8%, Cisco Systems (CSCO) 21.0%, Ciena (CIEN) 10.9%). On return on invested capital, Cisco Systems (CSCO) leads (Cisco Systems (CSCO) 15.9%, Ciena (CIEN) 12.4%).

Which stock has performed better?

Over the past year Ciena (CIEN) returned the most: Amdocs (DOX) -26.7%, Cisco Systems (CSCO) +56.0%, Ciena (CIEN) +92.4%. Over five years, Ciena (CIEN) compounded fastest (Amdocs (DOX) -4.2%/yr, Cisco Systems (CSCO) +14.7%/yr, Ciena (CIEN) +45.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Amdocs (DOX) has been the steadiest (Amdocs (DOX) 29.8%, Cisco Systems (CSCO) 35.5%, Ciena (CIEN) 77.8%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amdocs (DOX) leads on 4. 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.