CALIX, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 28.4 USD | +0.60% |
|
-3.01% | -35.00% |
| Apr. 25 | Jefferies Downgrades Calix to Hold From Buy, Price Target is $30 | MT |
| Apr. 24 | Roth MKM Adjusts Price Target on Calix to $43 From $50, Keeps Buy Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 443.9 | 1,838 | 5,099 | 4,478 | 2,878 | 1,861 | - | - |
| Enterprise Value (EV) 1 | 443.9 | 1,838 | 5,099 | 4,478 | 2,878 | 1,552 | 1,430 | 1,324 |
| P/E ratio | - | 55.1 x | 22.8 x | 114 x | 95 x | -83.5 x | 62.6 x | 40.6 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.05 x | 3.4 x | 7.5 x | 5.16 x | 2.77 x | 2.18 x | 1.89 x | 1.98 x |
| EV / Revenue | 1.05 x | 3.4 x | 7.5 x | 5.16 x | 2.77 x | 1.82 x | 1.46 x | 1.41 x |
| EV / EBITDA | - | 23.6 x | 45.7 x | 39.4 x | 20.6 x | 26.6 x | 11.1 x | 9.73 x |
| EV / FCF | - | 42.2 x | - | - | 74.9 x | 35.3 x | 15 x | 12.4 x |
| FCF Yield | - | 2.37% | - | - | 1.33% | 2.84% | 6.68% | 8.08% |
| Price to Book | - | - | - | - | - | 2.66 x | 2.31 x | - |
| Nbr of stocks (in thousands) | 55,489 | 61,773 | 63,756 | 65,441 | 65,867 | 65,525 | - | - |
| Reference price 2 | 8.000 | 29.76 | 79.97 | 68.43 | 43.69 | 28.40 | 28.40 | 28.40 |
| Announcement Date | 1/28/20 | 1/27/21 | 1/26/22 | 1/25/23 | 1/29/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 424.3 | 541.2 | 679.4 | 867.8 | 1,040 | 852.8 | 982.1 | 939 |
| EBITDA 1 | - | 78.06 | 111.5 | 113.7 | 139.6 | 58.23 | 128.8 | 136 |
| EBIT 1 | 4.234 | 64.34 | 96.49 | 99.43 | 123 | 39.15 | 109.4 | 146.6 |
| Operating Margin | 1% | 11.89% | 14.2% | 11.46% | 11.83% | 4.59% | 11.14% | 15.61% |
| Earnings before Tax (EBT) 1 | - | - | 72.65 | 54.04 | 38.01 | -19.4 | 52.65 | 65 |
| Net income 1 | - | - | - | 41.01 | 31.78 | -13.6 | 36.9 | 46 |
| Net margin | - | - | - | 4.73% | 3.06% | -1.59% | 3.76% | 4.9% |
| EPS 2 | - | 0.5400 | 3.510 | 0.6000 | 0.4600 | -0.3400 | 0.4533 | 0.7000 |
| Free Cash Flow 1 | - | 43.59 | - | - | 38.4 | 44 | 95.5 | 107 |
| FCF margin | - | 8.05% | - | - | 3.69% | 5.16% | 9.72% | 11.4% |
| FCF Conversion (EBITDA) | - | 55.84% | - | - | 27.5% | 75.56% | 74.15% | 78.68% |
| FCF Conversion (Net income) | - | - | - | - | 120.81% | - | 258.81% | 232.61% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 1/28/20 | 1/27/21 | 1/26/22 | 1/25/23 | 1/29/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 176.4 | 184.9 | 202 | 236.3 | 244.5 | 250 | 261 | 263.8 | 264.7 | 226.3 | 200.8 | 208.1 | 217.6 | 224.5 | 235.4 |
| EBITDA 1 | 22.58 | 24.55 | 23.82 | 34.86 | 30.51 | 30.54 | 36.92 | 36.88 | 37.72 | 20.65 | 7.233 | 12.27 | 17.93 | 21.9 | 28.35 |
| EBIT 1 | 18.91 | 20.61 | 20.09 | 31.69 | 27.03 | 26.81 | 30.31 | 32.61 | 33.27 | 15.78 | 3.3 | 7.92 | 13.45 | 16.87 | 22.7 |
| Operating Margin | 10.72% | 11.14% | 9.94% | 13.41% | 11.06% | 10.73% | 11.61% | 12.36% | 12.57% | 6.97% | 1.64% | 3.81% | 6.18% | 7.51% | 9.64% |
| Earnings before Tax (EBT) 1 | 13.78 | 9.82 | 9.669 | 20.47 | 14.09 | 11.41 | 14.23 | 18.14 | -5.774 | 0.468 | -10.9 | -7.2 | -1.7 | -0.1 | 4.8 |
| Net income 1 | - | - | - | 13.44 | 11.93 | 9.598 | 9.373 | 16.95 | -4.142 | 0.103 | -7.5 | -5 | -1.2 | -0.1 | 3.4 |
| Net margin | - | - | - | 5.69% | 4.88% | 3.84% | 3.59% | 6.43% | -1.56% | 0.05% | -3.73% | -2.4% | -0.55% | -0.04% | 1.44% |
| EPS 2 | 0.2900 | 0.1200 | 0.1100 | 0.1900 | 0.1700 | 0.1400 | 0.1300 | 0.2400 | -0.0600 | - | -0.1550 | -0.1200 | -0.0700 | -0.0100 | 0.0550 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 1/26/22 | 4/25/22 | 7/25/22 | 10/24/22 | 1/25/23 | 4/19/23 | 7/19/23 | 10/23/23 | 1/29/24 | 4/22/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 309 | 431 | 537 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 43.6 | - | - | 38.4 | 44 | 95.5 | 107 |
| ROE (net income / shareholders' equity) | - | - | - | - | 15.3% | 6.23% | 11.5% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | 11.7% | 4.93% | 9.39% | - |
| Assets 1 | - | - | - | - | 270.8 | -276 | 392.8 | - |
| Book Value Per Share 2 | - | - | - | - | - | 10.70 | 12.30 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | 7.82 | 10.5 | 14.1 | 17.9 | 14.9 | 15.6 | 11 |
| Capex / Sales | - | 1.44% | 1.54% | 1.62% | 1.72% | 1.75% | 1.59% | 1.17% |
| Announcement Date | 1/28/20 | 1/27/21 | 1/26/22 | 1/25/23 | 1/29/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
28.4
USD
Average target price
39.55
USD
Spread / Average Target
+39.26%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -35.00% | 1.86B | |
| -5.27% | 194B | |
| +12.39% | 82.95B | |
| +61.44% | 66.91B | |
| +10.66% | 57.73B | |
| +11.60% | 27.55B | |
| +12.37% | 20.23B | |
| +63.72% | 20.06B | |
| -9.05% | 17.46B | |
| +8.53% | 17.63B |
- Stock Market
- Equities
- CALX Stock
- Financials Calix, Inc.
