CIENA Corp (CIEN) is overvalued and Ubiquiti Inc (UI) is fairly valued.
Both trade above our estimate of their intrinsic value. UI is the closer of the two: -0%, against -707% for CIEN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.8% (average of 2 methods) values the shares at $45.66; the price of $368.56 is 707% above that value.
Leak Score 49/100 on 10 of 12 signals
A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $579.86; the price of $580.88 sits right on that value.
Leak Score 69/100 on 9 of 12 signals
| Metric | CIEN | UI |
|---|---|---|
| Verdict | Overvalued | Fairly valued |
| Price | $368.56 | $580.88 |
| Intrinsic value | $45.66 | $579.86 |
| Margin of safety | -707% | -0% |
| Leak Score | 49/100 (10/12) | 69/100 (9/12) |
| Market cap | $52.3B | $35.2B |
| Revenue growth, 5 years | 6.2% | 11.5% |
| Operating margin | 14.1% | 36.2% |
| Net margin | 10.9% | 29.3% |
| Return on equity | 22.4% | 91.1% |
| Debt to equity | 1.07 | 0.06 |
| P/E | 82.2x | 36.6x |
| Forward P/E | 31.3x | 29.7x |
| P/B | 17.1x | 24.4x |
| Dividend yield | — | 0.6% |