Basis: Current FMP quote-based enterprise value / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/FCF ratio high or low?
The EV/FCF ratio of 67.00x is 60% above its estimated 5-year average of 41.89x, near the low end of its estimated 5-year range (11.07x–359.57x).
As of 2026-09-23T22:40:35.517Z. 1.01% above its estimated 12-month average of 66.33x.
Calculation as of: 2026-09-23T22:40:35.517Z.
Quote observation: 2026-09-23T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b4063cb6cad31822c690405a502d9291681d1a243e6265617331f0d4d89749b2
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/FCF RATIO
67.00x
EV/FCF RATIO AVG TTM
66.33x
EV/FCF RATIO AVG 3Y
47.47x
EV/FCF RATIO AVG 5Y
41.89x
EV/FCF RATIO AVG 10Y
28.44x
EV/FCF RATIO AVG 15Y
29.14x
EV/FCF RATIO AVG 20Y
28.49x
CURRENT VS TTM AVG
+1.01%
CURRENT VS 3Y AVG
+41.13%
CURRENT VS 5Y AVG
+59.94%
CURRENT VS 10Y AVG
+135.59%
CURRENT VS 15Y AVG
+129.93%
CURRENT VS 20Y AVG
+135.21%
SECTOR MEDIAN · TECHNOLOGY
31.73x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
+111.16%
vs the sector median at left
Ciena Corporation
Market Cap
$50.38B
EV/FCF Ratio
67.00x
TTM Avg
66.33x
3Y Avg
47.47x
5Y Avg
41.89x
Market Cap
$51.24B
EV/FCF Ratio
38.84x
TTM Avg
23.12x
3Y Avg
36.84x
5Y Avg
52.46x
Market Cap
$47.41B
EV/FCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$46.82B
EV/FCF Ratio
220.74x
TTM Avg
602.61x
3Y Avg
206.62x
5Y Avg
120.03x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ciena Corporation (CIEN) | $50.38B | 67.00x | 66.33x | 47.47x | 41.89x |
| Workday, Inc. (WDAY)vs › | $50.39B | 18.81x | 18.48x | 29.63x | 34.74x |
| Atlassian Corporation (TEAM)vs › | $51.24B | 38.84x | 23.12x | 36.84x | 52.46x |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $47.41B | N/A | N/A | N/A | N/A |
| Strategy Inc (MSTR)vs › | $53.66B | N/A | 10.45x | 10.45x | 10.45x |
| STMicroelectronics N.V. (STM)vs › | $46.82B | 220.74x | 602.61x | 206.62x | 120.03x |
| Nebius Group N.V. (NBIS)vs › | $54.39B | N/A | 11.51x | 11.51x | 11.51x |
| Autodesk, Inc. (ADSK)vs › | $45.85B | 16.05x | 25.05x | 35.35x | 33.20x |
| Garmin Ltd. (GRMN)vs › | $55.47B | 34.75x | 32.45x | 28.38x | 31.35x |
| Block, Inc. (XYZ)vs › | $44.45B | 9.26x | 19.20x | 58.70x | 423.89x |
EV/FCF
67.0x
P/FCF
70.1x
FCF Yield
1.43%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/FCF RATIO |
|---|---|
| 2026-09-11 | 67.89x |
| 2026-09-10 | 64.85x |
| 2026-09-09 | 65.55x |
| 2026-09-08 | 66.22x |
| 2026-09-04 | 62.10x |
| 2026-09-03 | 56.43x |
| 2026-09-02 | 62.88x |
| 2026-09-01 | 63.96x |
| 2026-08-31 | 67.91x |
| 2026-08-28 | 67.14x |
| 2026-08-27 | 70.90x |
| 2026-08-26 | 71.64x |
| 2026-08-25 | 68.76x |
| 2026-08-24 | 66.00x |
| 2026-08-21 | 70.19x |
| 2026-08-20 | 69.61x |
| 2026-08-19 | 70.84x |
| 2026-08-18 | 71.90x |
| 2026-08-17 | 78.87x |
| 2026-08-14 | 75.99x |
| 2026-08-13 | 78.45x |
| 2026-08-12 | 76.56x |
| 2026-08-11 | 68.74x |
| 2026-08-10 | 68.77x |
| 2026-08-07 | 73.11x |
| 2026-08-06 | 71.59x |
| 2026-08-05 | 72.48x |
| 2026-08-04 | 72.89x |
| 2026-08-03 | 69.31x |
| 2026-07-31 | 66.90x |
| 2026-07-30 | 66.02x |
| 2026-07-29 | 58.70x |
| 2026-07-28 | 62.23x |
| 2026-07-27 | 66.94x |
| 2026-07-24 | 69.34x |
| 2026-07-23 | 72.25x |
| 2026-07-22 | 70.43x |
| 2026-07-21 | 72.46x |
| 2026-07-20 | 67.20x |
| 2026-07-17 | 66.43x |
| 2026-07-16 | 68.96x |
| 2026-07-15 | 74.17x |
| 2026-07-14 | 79.18x |
| 2026-07-13 | 78.92x |
| 2026-07-10 | 81.60x |
| 2026-07-09 | 81.88x |
| 2026-07-08 | 78.13x |
| 2026-07-07 | 74.25x |
| 2026-07-06 | 76.88x |
| 2026-07-02 | 74.88x |
| 2026-07-01 | 81.90x |
| 2026-06-30 | 86.84x |
| 2026-06-29 | 84.80x |
| 2026-06-26 | 84.90x |
| 2026-06-25 | 85.81x |
| 2026-06-24 | 82.09x |
| 2026-06-23 | 81.45x |
| 2026-06-22 | 81.53x |
| 2026-06-18 | 75.89x |
| 2026-06-17 | 77.38x |
| 2026-06-16 | 76.25x |
| 2026-06-15 | 82.07x |
| 2026-06-12 | 79.01x |
| 2026-06-11 | 78.88x |
| 2026-06-10 | 77.02x |
| 2026-06-09 | 77.84x |
| 2026-06-08 | 82.65x |
| 2026-06-05 | 86.43x |
| 2026-06-04 | 105.85x |
| 2026-06-03 | 122.49x |
| 2026-06-02 | 123.79x |
| 2026-06-01 | 112.52x |
| 2026-05-29 | 114.61x |
| 2026-05-28 | 112.63x |
| 2026-05-27 | 114.97x |
| 2026-05-26 | 118.96x |
| 2026-05-22 | 115.30x |
| 2026-05-21 | 115.98x |
| 2026-05-20 | 109.60x |
| 2026-05-19 | 107.08x |
| 2026-05-18 | 103.66x |
| 2026-05-15 | 109.54x |
| 2026-05-14 | 116.83x |
| 2026-05-13 | 114.15x |
| 2026-05-12 | 114.00x |
| 2026-05-11 | 114.85x |
| 2026-05-08 | 108.30x |
| 2026-05-07 | 106.46x |
| 2026-05-06 | 113.93x |
| 2026-05-05 | 107.64x |
| 2026-05-04 | 106.41x |
| 2026-05-01 | 105.78x |
| 2026-04-30 | 104.26x |
| 2026-04-29 | 94.01x |
| 2026-04-28 | 93.68x |
| 2026-04-27 | 100.09x |
| 2026-04-24 | 102.93x |
| 2026-04-23 | 101.96x |
| 2026-04-22 | 98.64x |
| 2026-04-21 | 100.01x |
| 2026-04-20 | 99.49x |
| 2026-04-17 | 100.31x |
| 2026-04-16 | 97.90x |
| 2026-04-15 | 94.08x |
| 2026-04-14 | 92.40x |
| 2026-04-13 | 94.90x |
| 2026-04-10 | 98.06x |
| 2026-04-09 | 96.37x |
| 2026-04-08 | 97.67x |
| 2026-04-07 | 88.61x |
| 2026-04-06 | 85.93x |
| 2026-04-02 | 88.58x |
| 2026-04-01 | 82.23x |
| 2026-03-31 | 76.89x |
| 2026-03-30 | 72.33x |
| 2026-03-27 | 79.52x |
| 2026-03-26 | 76.84x |
| 2026-03-25 | 86.61x |
| 2026-03-24 | 84.97x |
| 2026-03-23 | 80.75x |
| 2026-03-20 | 76.04x |
| 2026-03-19 | 81.67x |
| 2026-03-18 | 76.31x |
| 2026-03-17 | 73.32x |
| 2026-03-16 | 72.11x |
| 2026-03-13 | 66.90x |
| 2026-03-12 | 66.79x |
| 2026-03-11 | 67.41x |
| 2026-03-10 | 66.90x |
| 2026-03-09 | 63.20x |
| 2026-03-06 | 58.41x |
| 2026-03-05 | 66.18x |
| 2026-03-04 | 75.86x |
| 2026-03-03 | 73.56x |
| 2026-03-02 | 78.08x |
| 2026-02-27 | 76.98x |
| 2026-02-26 | 75.33x |
| 2026-02-25 | 77.99x |
| 2026-02-24 | 75.67x |
| 2026-02-23 | 76.14x |
| 2026-02-20 | 73.98x |
| 2026-02-19 | 70.36x |
| 2026-02-18 | 68.73x |
| 2026-02-17 | 66.84x |
| 2026-02-13 | 67.19x |
| 2026-02-12 | 64.79x |
| 2026-02-11 | 65.73x |
| 2026-02-10 | 66.05x |
| 2026-02-09 | 64.08x |
| 2026-02-06 | 60.06x |
| 2026-02-05 | 56.05x |
| 2026-02-04 | 56.17x |
| 2026-02-03 | 61.20x |
| 2026-02-02 | 59.44x |
| 2026-01-30 | 55.80x |
| 2026-01-29 | 56.17x |
| 2026-01-28 | 57.00x |
| 2026-01-27 | 54.86x |
| 2026-01-26 | 51.52x |
| 2026-01-23 | 50.84x |
| 2026-01-22 | 51.03x |
| 2026-01-21 | 51.44x |
| 2026-01-20 | 53.48x |
| 2026-01-16 | 53.96x |
| 2026-01-15 | 54.04x |
| 2026-01-14 | 52.86x |
| 2026-01-13 | 54.62x |
| 2026-01-12 | 51.96x |
| 2026-01-09 | 51.15x |
| 2026-01-08 | 49.98x |
| 2026-01-07 | 57.43x |
| 2026-01-06 | 56.32x |
| 2026-01-05 | 51.22x |
| 2026-01-02 | 54.54x |
| 2025-12-31 | 51.87x |
| 2025-12-30 | 52.88x |
| 2025-12-29 | 53.00x |
| 2025-12-26 | 53.58x |
| 2025-12-24 | 53.28x |
| 2025-12-23 | 53.28x |
| 2025-12-22 | 52.50x |
| 2025-12-19 | 51.10x |
| 2025-12-18 | 46.81x |
| 2025-12-17 | 45.32x |
| 2025-12-16 | 46.62x |
| 2025-12-15 | 48.01x |
| 2025-12-12 | 45.80x |
| 2025-12-11 | 50.73x |
| 2025-12-10 | 46.50x |
| 2025-12-09 | 44.95x |
| 2025-12-08 | 44.66x |
| 2025-12-05 | 42.35x |
| 2025-12-04 | 41.11x |
| 2025-12-03 | 40.62x |
| 2025-12-02 | 42.51x |
| 2025-12-01 | 42.18x |
| 2025-11-28 | 42.86x |
| 2025-11-26 | 42.05x |
| 2025-11-25 | 41.22x |
| 2025-11-24 | 40.90x |
| 2025-11-21 | 37.51x |
| 2025-11-20 | 37.14x |
| 2025-11-19 | 39.68x |
| 2025-11-18 | 39.31x |
| 2025-11-17 | 40.30x |
| 2025-11-14 | 40.29x |
| 2025-11-13 | 40.80x |
| 2025-11-12 | 43.96x |
| 2025-11-11 | 43.53x |
| 2025-11-10 | 43.80x |
| 2025-11-07 | 41.84x |
| 2025-11-06 | 42.30x |
| 2025-11-05 | 41.13x |
| 2025-11-04 | 38.46x |
| 2025-11-03 | 39.84x |
| 2025-10-31 | 39.92x |
| 2025-10-30 | 39.72x |
| 2025-10-29 | 39.78x |
| 2025-10-28 | 38.50x |
| 2025-10-27 | 38.39x |
| 2025-10-24 | 37.67x |
| 2025-10-23 | 36.34x |
| 2025-10-22 | 34.67x |
| 2025-10-21 | 35.75x |
| 2025-10-20 | 36.45x |
| 2025-10-17 | 36.00x |
| 2025-10-16 | 35.97x |
| 2025-10-15 | 35.54x |
| 2025-10-14 | 34.74x |
| 2025-10-13 | 34.73x |
| 2025-10-10 | 32.91x |
| 2025-10-09 | 34.49x |
| 2025-10-08 | 33.68x |
| 2025-10-07 | 31.99x |
| 2025-10-06 | 32.36x |
| 2025-10-03 | 31.98x |
| 2025-10-02 | 32.23x |
| 2025-10-01 | 32.04x |
| 2025-09-30 | 30.79x |
| 2025-09-29 | 30.47x |
| 2025-09-26 | 30.02x |
| 2025-09-25 | 29.04x |
| 2025-09-24 | 29.30x |
| 2025-09-23 | 29.52x |
| 2025-09-22 | 29.48x |
| 2025-09-19 | 29.29x |
| 2025-09-18 | 29.22x |
| 2025-09-17 | 28.88x |
| 2025-09-16 | 29.10x |
| 2025-09-15 | 28.78x |
| 2025-09-12 | 27.83x |
| 2025-09-11 | 28.08x |
| 2025-09-10 | 27.53x |
| 2025-09-09 | 25.95x |
| 2025-09-08 | 25.29x |
| 2025-09-05 | 24.82x |
| 2025-09-04 | 60.26x |
| 2025-09-03 | 49.28x |
| 2025-09-02 | 48.67x |
| 2025-08-29 | 48.86x |
Showing the most recent 260 of 3,582 data points. The chart above shows the full history.
