ERIC vs. CIEN
Compare and contrast key facts about Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Ciena Corporation (CIEN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERIC or CIEN.
Correlation
The correlation between ERIC and CIEN is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ERIC vs. CIEN - Performance Comparison
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Key characteristics
ERIC:
1.65
CIEN:
1.22
ERIC:
2.31
CIEN:
1.75
ERIC:
1.35
CIEN:
1.26
ERIC:
0.61
CIEN:
0.70
ERIC:
8.53
CIEN:
4.06
ERIC:
6.60%
CIEN:
16.42%
ERIC:
33.53%
CIEN:
53.64%
ERIC:
-98.60%
CIEN:
-99.51%
ERIC:
-87.66%
CIEN:
-92.24%
Fundamentals
ERIC:
$28.51B
CIEN:
$11.55B
ERIC:
$0.05
CIEN:
$0.55
ERIC:
169.40
CIEN:
147.71
ERIC:
3.53
CIEN:
0.77
ERIC:
0.11
CIEN:
2.85
ERIC:
3.20
CIEN:
4.13
ERIC:
$249.58B
CIEN:
$3.14B
ERIC:
$113.71B
CIEN:
$1.34B
ERIC:
$46.20B
CIEN:
$292.81M
Returns By Period
In the year-to-date period, ERIC achieves a 8.18% return, which is significantly higher than CIEN's -4.21% return. Over the past 10 years, ERIC has underperformed CIEN with an annualized return of 0.06%, while CIEN has yielded a comparatively higher 13.43% annualized return.
ERIC
8.18%
5.02%
8.18%
54.66%
7.84%
3.28%
0.06%
CIEN
-4.21%
35.08%
20.86%
66.31%
17.86%
9.73%
13.43%
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Risk-Adjusted Performance
ERIC vs. CIEN — Risk-Adjusted Performance Rank
ERIC
CIEN
ERIC vs. CIEN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Ciena Corporation (CIEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ERIC vs. CIEN - Dividend Comparison
ERIC's dividend yield for the trailing twelve months is around 3.08%, while CIEN has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.08% | 3.25% | 4.05% | 4.27% | 2.18% | 1.36% | 1.24% | 1.42% | 1.68% | 7.36% | 4.10% | 3.82% |
CIEN Ciena Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ERIC vs. CIEN - Drawdown Comparison
The maximum ERIC drawdown since its inception was -98.60%, roughly equal to the maximum CIEN drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for ERIC and CIEN. For additional features, visit the drawdowns tool.
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Volatility
ERIC vs. CIEN - Volatility Comparison
The current volatility for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is 5.58%, while Ciena Corporation (CIEN) has a volatility of 10.58%. This indicates that ERIC experiences smaller price fluctuations and is considered to be less risky than CIEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ERIC vs. CIEN - Financials Comparison
This section allows you to compare key financial metrics between Telefonaktiebolaget LM Ericsson (publ) and Ciena Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ERIC vs. CIEN - Profitability Comparison
ERIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 26.54B and revenue of 55.03B. Therefore, the gross margin over that period was 48.2%.
CIEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ciena Corporation reported a gross profit of 471.82M and revenue of 1.07B. Therefore, the gross margin over that period was 44.0%.
ERIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 5.89B and revenue of 55.03B, resulting in an operating margin of 10.7%.
CIEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ciena Corporation reported an operating income of 80.66M and revenue of 1.07B, resulting in an operating margin of 7.5%.
ERIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 4.15B and revenue of 55.03B, resulting in a net margin of 7.5%.
CIEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ciena Corporation reported a net income of 44.57M and revenue of 1.07B, resulting in a net margin of 4.2%.