Discounted Cash Flow
Ciena Corp.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $2.6b | $72.6m | $182.3m | 2.8% | $0.52 |
| 2017 | $2.8b (7.7%) | $1.3b (1638.6%) | $140.3m (-23.1%) | 45.0% (1513.8%) | $8.89 (1609.6%) |
| 2018 | $3.1b (10.4%) | $-344.7m (-127.3%) | $161.6m (15.2%) | -11.1% (-124.7%) | $-2.40 (-127.0%) |
| 2019 | $3.6b (15.4%) | $253.4m (173.5%) | $350.6m (116.9%) | 7.1% (163.7%) | $1.63 (167.9%) |
| 2020 | $3.5b (-1.1%) | $361.3m (42.6%) | $411.0m (17.2%) | 10.2% (44.2%) | $2.34 (43.6%) |
| 2021 | $3.6b (2.5%) | $500.2m (38.4%) | $462.1m (12.4%) | 13.8% (35.1%) | $3.22 (37.6%) |
| 2022 | $3.6b (0.3%) | $152.9m (-69.4%) | $-258.6m (-156.0%) | 4.2% (-69.5%) | $1.01 (-68.6%) |
| 2023 | $4.4b (20.8%) | $254.8m (66.7%) | $62.1m (124.0%) | 5.8% (38.0%) | $1.71 (69.3%) |
| 2024 | $4.0b (-8.5%) | $84.0m (-67.1%) | $377.9m (508.2%) | 2.1% (-64.0%) | $0.58 (-66.1%) |
| 2025 | $4.8b (18.8%) | $123.3m (46.9%) | $665.3m (76.1%) | 2.6% (23.7%) | $0.87 (50.0%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.