WallStSmart

ADTRAN Inc (ADTN)vsCiena Corp (CIEN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Ciena Corp generates 429% more annual revenue ($6.02B vs $1.14B). CIEN leads profitability with a 10.9% profit margin vs -2.3%. CIEN appears more attractively valued with a PEG of 0.58. CIEN earns a higher WallStSmart Score of 70/100 (B).

ADTN

Hold

39

out of 100

Grade: F

Growth: 4.0Profit: 2.0Value: 6.3Quality: 4.5
Piotroski: 4/9Altman Z: 0.75

CIEN

Strong Buy

70

out of 100

Grade: B

Growth: 8.7Profit: 7.0Value: 5.0Quality: 7.5
Piotroski: 5/9Altman Z: 1.18
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ADTNUndervalued (+67.8%)

Margin of Safety

+67.8%

Fair Value

$32.27

Current Price

$7.54

$24.73 discount

UndervaluedFair: $32.27Overvalued

Intrinsic value data unavailable for CIEN.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ADTN0 strengths · Avg: 0/10

No standout strengths identified

CIEN5 strengths · Avg: 9.4/10
Revenue GrowthGrowth
37.0%10/10

Revenue surging 37.0% year-over-year

EPS GrowthGrowth
422.9%10/10

Earnings expanding 422.9% YoY

Debt/EquityHealth
0.0810/10

Conservative balance sheet, low leverage

Return on EquityProfitability
21.4%9/10

Every $100 of equity generates 21 in profit

PEG RatioValuation
0.588/10

Growing faster than its price suggests

Areas to Watch

ADTN4 concerns · Avg: 3.0/10
PEG RatioValuation
1.864/10

Expensive relative to growth rate

Market CapQuality
$585.04M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.873/10

Elevated debt levels

Return on EquityProfitability
-20.1%2/10

ROE of -20.1% — below average capital efficiency

CIEN3 concerns · Avg: 2.7/10
Price/BookValuation
16.2x4/10

Trading at 16.2x book value

P/E RatioValuation
78.0x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.182/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ADTN

ADTN has a balanced fundamental profile.

Bull Case : CIEN

The strongest argument for CIEN centers on Revenue Growth, EPS Growth, Debt/Equity. Revenue growth of 37.0% demonstrates continued momentum. PEG of 0.58 suggests the stock is reasonably priced for its growth.

Bear Case : ADTN

The primary concerns for ADTN are PEG Ratio, Market Cap, Debt/Equity. Debt-to-equity of 1.87 is elevated, increasing financial risk.

Bear Case : CIEN

The primary concerns for CIEN are Price/Book, P/E Ratio, Altman Z-Score. A P/E of 78.0x leaves little room for execution misses.

Key Dynamics to Monitor

ADTN profiles as a turnaround stock while CIEN is a growth play — different risk/reward profiles.

ADTN carries more volatility with a beta of 1.48 — expect wider price swings.

CIEN is growing revenue faster at 37.0% — sustainability is the question.

CIEN generates stronger free cash flow (116M), providing more financial flexibility.

Bottom Line

CIEN scores higher overall (70/100 vs 39/100) and 37.0% revenue growth. ADTN offers better value entry with a 67.8% margin of safety. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

ADTRAN Inc

TECHNOLOGY · COMMUNICATION EQUIPMENT · USA

ADTRAN, Inc. provides networking and communications platforms and services for service providers, cable / multi-system operators, small and medium-sized businesses, and distributed businesses in the United States, Germany, Mexico, and internationally. The company is headquartered in Huntsville, Alabama.

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Ciena Corp

TECHNOLOGY · COMMUNICATION EQUIPMENT · USA

Ciena Corporation provides hardware, software, and network services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company is headquartered in Hanover, Maryland.

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