Ciena Corporation (CIEN) vs Monolithic Power Systems, Inc. (MPWR)
MPWR leads on 13 of 16 compared metrics.
A side-by-side comparison of Ciena Corporation and Monolithic Power Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CIEN
Ciena Corporation
$463.51Technology
MPWR
Monolithic Power Systems, Inc.
$1434.95Technology
Total return — CIEN vs MPWR
growth of $100 · last 22yCIEN +2636.2%MPWR +14482.8%MPWR compounded faster
Log scale — wide-divergence pair
CIEN MPWR
CIEN vs MPWR: by the numbers
- •MPWR is the larger company ($70.50B vs $65.61B market cap).
- •MPWR trades at the lower earnings multiple (103.46 vs 154.50 P/E).
- •MPWR converts more revenue to profit (22.84% vs 7.87% net margin).
- •MPWR grew revenue faster over the past five years (25.95% vs 10.39% CAGR).
- •MPWR pays a dividend (0.47% yield) while CIEN does not currently pay one.
Which is better, CIEN or MPWR?
Metric tally: CIEN 3 · MPWR 13It depends on what you're optimizing for:
ValueMPWR(lower P/E)
GrowthMPWR(faster 5Y revenue CAGR)
QualityMPWR(higher ROIC)
Metrics side by side
Valuation
| Metric | CIEN | MPWR |
|---|---|---|
| P/E ratio | 154.50 | 103.46● |
| Forward P/E | 71.00 | 47.57● |
| P/S ratio | 12.18● | 23.90 |
| P/B ratio | 23.45 | 19.21● |
| PEG ratio | 4.37 | 3.64● |
| EV / EBITDA | 93.54 | 77.75● |
| FCF yield | 1.23%● | 0.89% |
Profitability
| Metric | CIEN | MPWR |
|---|---|---|
| Gross margin | 43.05% | 55.18%● |
| Operating margin | 11.18% | 27.09%● |
| Net margin | 7.87% | 22.84%● |
| ROE | 15.15% | 18.37%● |
| ROIC | 5.35% | 15.30%● |
Dividends
| Metric | CIEN | MPWR |
|---|---|---|
| Dividend yield | — | 0.47% |
| Payout ratio | — | 52.11% |
Growth (annualized)
| Metric | CIEN | MPWR |
|---|---|---|
| Revenue CAGR (5Y) | 10.39% | 25.95%● |
| EPS CAGR (5Y) | -17.95% | 28.43%● |
| FCF CAGR (5Y) | 11.11% | 22.36%● |
| Total return CAGR (5Y) | 51.73%● | 32.87% |
Frequently asked
- Which is better, CIEN or MPWR?
- It depends on your goal. value: MPWR (lower P/E); growth: MPWR (faster 5Y revenue CAGR); quality: MPWR (higher ROIC). Across all compared metrics, MPWR leads 13 to 3.
- Is CIEN or MPWR cheaper?
- On trailing earnings, MPWR is cheaper: CIEN trades at a 154.50 P/E and MPWR at 103.46.
- Which has grown faster, CIEN or MPWR?
- Over the past five years, MPWR grew revenue faster — CIEN at a 10.39% CAGR versus MPWR at 25.95%.
- Does CIEN or MPWR pay a bigger dividend?
- MPWR pays a dividend (0.47% yield) while CIEN does not currently pay one.
- Is CIEN or MPWR more profitable?
- MPWR runs the higher net margin — CIEN at 7.87% versus MPWR at 22.84%.
- Which has been the better investment, CIEN or MPWR?
- Over the past 10-year, CIEN delivered the higher annualized total return — CIEN at 37.56% versus MPWR at 37.15%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ciena P/E ratioMonolithic Power Systems P/E ratioCiena dividend yieldMonolithic Power Systems dividend yieldCiena ROEMonolithic Power Systems ROECiena operating marginMonolithic Power Systems operating marginCiena revenue growthMonolithic Power Systems revenue growthCiena free cash flowMonolithic Power Systems free cash flow
Ciena & Monolithic Power Systems appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 25, 2026.