Ciena Corporation (CIEN) vs Nokia Oyj (NOK)
A side-by-side comparison of Ciena Corporation and Nokia Oyj across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
CIEN
Ciena Corporation
$391.34TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT
NOK
Nokia Oyj
$10.60TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — CIEN vs NOK
growth of $100 · dividends reinvested · last 10yCIEN +1695.1% (+33.5%/yr)NOK +143.2% (+9.3%/yr)CIEN compounded faster over this window
Log scale — wide-divergence pair
CIEN NOK
CIEN vs NOK: by the numbers
- •NOK is the larger company ($57.25B vs $55.40B market cap).
- •NOK trades at the lower trailing earnings multiple (73.29 vs 87.35 P/E), one valuation lens rather than an overall verdict.
- •CIEN converts more revenue to profit (10.87% vs 3.52% net margin).
- •CIEN grew revenue faster over the past five years (12.05% vs -2.30% CAGR).
- •NOK pays a dividend (1.54% yield), while CIEN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CIEN | NOK |
|---|---|---|
| P/E ratio | 87.35 | 73.29 |
| Forward P/E | 54.61 | N/A |
| P/S ratio | 9.20 | 2.43 |
| P/B ratio | 18.12 | 2.36 |
| EV / EBITDA | 50.86 | 28.62 |
| FCF yield | 1.30% | 1.12% |
Profitability
| Metric | CIEN | NOK |
|---|---|---|
| Gross margin | 44.07% | 44.40% |
| Operating margin | 14.10% | 3.44% |
| Net margin | 10.87% | 3.52% |
| ROE | 21.41% | 3.43% |
| ROIC | 11.56% | 1.71% |
Dividends
| Metric | CIEN | NOK |
|---|---|---|
| Dividend yield | N/A | 1.54% |
| Payout ratio | N/A | 113.02% |
Growth (annualized)
| Metric | CIEN | NOK |
|---|---|---|
| Revenue CAGR (5Y) | 12.05% | -2.30% |
| EPS CAGR (5Y) | -17.95% | N/A |
| FCF CAGR (5Y) | 13.27% | 1.93% |
| Total return CAGR (5Y) | 49.57% | 17.06% |
Frequently asked
- Which has the lower trailing P/E, CIEN or NOK?
- NOK has the lower trailing P/E: CIEN trades at 87.35 and NOK at 73.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CIEN or NOK?
- Over the past five years, CIEN grew revenue faster — CIEN at a 12.05% CAGR versus NOK at -2.30%.
- Does CIEN or NOK pay a bigger dividend?
- NOK pays a dividend (1.54% yield), while CIEN has no payments in the available dividend history.
- Is CIEN or NOK more profitable?
- CIEN runs the higher net margin — CIEN at 10.87% versus NOK at 3.52%.
- How have CIEN and NOK total returns compared?
- Over the past 10 years, CIEN delivered 33.46% and NOK delivered 8.51% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ciena P/E ratioNokia Oyj P/E ratioNokia Oyj dividend yieldCiena ROENokia Oyj ROECiena operating marginNokia Oyj operating marginCiena revenue growthNokia Oyj revenue growthCiena free cash flowNokia Oyj free cash flow
Ciena & Nokia Oyj 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 October 2, 2026.