Infinera Corporation provides optical transport networking equipment, software, and services worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$8.52|
|52 Week High||US$5.78|
|52 Week Low||US$11.51|
|1 Month Change||-2.63%|
|3 Month Change||-19.93%|
|1 Year Change||45.15%|
|3 Year Change||18.01%|
|5 Year Change||-3.95%|
|Change since IPO||-56.76%|
Recent News & Updates
Infinera Corporation (NASDAQ:INFN) Shares Could Be 44% Below Their Intrinsic Value Estimate
In this article we are going to estimate the intrinsic value of Infinera Corporation ( NASDAQ:INFN ) by estimating the...
Infinera (NASDAQ:INFN) Is Carrying A Fair Bit Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|INFN||US Communications||US Market|
Return vs Industry: INFN underperformed the US Communications industry which returned 46.5% over the past year.
Return vs Market: INFN exceeded the US Market which returned 36.2% over the past year.
Stable Share Price: INFN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: INFN's weekly volatility (4%) has been stable over the past year.
About the Company
Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company’s product portfolio includes Infinera Groove series for modular and sled-based platforms to support a various transport network applications; Infinera 7300 series, an SDN-ready coherent optical transport system; Infinera FlexILS open optical line system that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and Infinera 7090 and 7100 series for transport platforms. It also offers Infinera XTM series, a packet-optical transport platform that enables metro connectivity solutions; Infinera XTC series, a multi-terabit packet optical transport platforms that integrates digital OTN switching and optical WDM transmission; Infinera mTera series, a network transport solution; and Infinera XT series, a platform that is designed to power cloud scale network services over metro, DCI, long-haul, and subsea networks.
Infinera Fundamentals Summary
|INFN fundamental statistics|
Is INFN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INFN income statement (TTM)|
|Cost of Revenue||US$868.22m|
Last Reported Earnings
Jun 26, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.65|
|Net Profit Margin||-9.52%|
How did INFN perform over the long term?See historical performance and comparison
Is Infinera undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INFN ($8.52) is trading below our estimate of fair value ($15.98)
Significantly Below Fair Value: INFN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INFN is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.
PE vs Market: INFN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INFN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INFN is overvalued based on its PB Ratio (4.7x) compared to the US Communications industry average (2.2x).
How is Infinera forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INFN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: INFN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: INFN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: INFN's revenue (8.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: INFN's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INFN's Return on Equity is forecast to be high in 3 years time (28.4%)
How has Infinera performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INFN is currently unprofitable.
Growing Profit Margin: INFN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INFN is unprofitable, and losses have increased over the past 5 years at a rate of 26.4% per year.
Accelerating Growth: Unable to compare INFN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INFN is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (63%).
Return on Equity
High ROE: INFN has a negative Return on Equity (-34.45%), as it is currently unprofitable.
How is Infinera's financial position?
Financial Position Analysis
Short Term Liabilities: INFN's short term assets ($914.2M) exceed its short term liabilities ($514.7M).
Long Term Liabilities: INFN's short term assets ($914.2M) exceed its long term liabilities ($669.2M).
Debt to Equity History and Analysis
Debt Level: INFN's debt to equity ratio (122.5%) is considered high.
Reducing Debt: INFN's debt to equity ratio has increased from 15.6% to 122.5% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable INFN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INFN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 41.1% per year.
What is Infinera current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INFN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INFN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if INFN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INFN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of INFN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Heard (53 yo)
Mr. David W. Heard serves as Chief Executive Officer and Director at Infinera Corporation since November 23, 2020. He had been Chief Operating Officer of Infinera Corporation since October 1, 2018 until No...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD4.14M) is about average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
Experienced Management: INFN's management team is considered experienced (2.3 years average tenure).
Experienced Board: INFN's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INFN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.3%.
Infinera Corporation's employee growth, exchange listings and data sources
- Name: Infinera Corporation
- Ticker: INFN
- Exchange: NasdaqGS
- Founded: 2000
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$1.692b
- Shares outstanding: 208.59m
- Website: https://www.infinera.com
Number of Employees
- Infinera Corporation
- 6373 San Ignacio Avenue
- San Jose
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 23:01|
|End of Day Share Price||2021/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.