Company Valuation: Calix, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,099 4,478 2,878 2,312 3,508 2,576 - -
Change - -12.17% -35.74% -19.64% 51.7% -26.56% - -
Enterprise Value (EV) 5,099 4,478 2,878 2,312 3,508 2,576 2,576 2,576
Change - -12.17% -35.74% -19.64% 51.7% -26.56% 0% 0%
P/E 22.8x 114x 95x -77.5x 204x 51.1x 32.1x 20.2x
PBR - - 4x 2.94x 4.27x 3.2x 2.69x 2.16x
PEG - -1.4x -4.1x 0x -1x 0x 0.5x 0.3x
Capitalization / Revenue 7.5x 5.16x 2.77x 2.78x 3.51x 2.18x 1.87x 1.61x
EV / Revenue 0x 0x 0x 0x 0x 2.18x 1.87x 1.61x
EV / EBITDA 0x 0x 0x 0x 0x 15.6x 11.2x 7.92x
EV / EBIT 0x 0x 0x 0x 0x 17.5x 12.4x 8.48x
EV / FCF - - 0x 0x 0x 20.8x 12.8x 9.87x
FCF Yield - - 1.33% 2.18% 3.29% 4.81% 7.8% 10.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.51 0.6 0.46 -0.45 0.26 0.79 1.26 2
Distribution rate - - - - - - - -
Net sales 1 679.4 867.8 1,040 831.5 1,000 1,183 1,376 1,604
EBITDA 1 111.5 113.7 139.6 50.09 127.6 165.3 230.5 325.1
EBIT 1 96.49 99.43 123 30.54 109.9 147.4 208.3 303.8
Net income 1 - 41.01 31.78 -29.75 17.88 52.8 84.8 136.9
Net Debt - - - - - - - -
Reference price 2 79.97 68.43 43.69 34.87 52.93 40.39 40.39 40.39
Nbr of stocks (in thousands) 63,756 65,441 65,867 66,316 66,276 63,782 - -
Announcement Date 26/01/22 25/01/23 29/01/24 29/01/25 28/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
51.13x - - - 2.58B
37.46x7.8x20.14x1.37% 478B
55.51x19x39.78x-.--% 235B
21.64x0.89x15.67x2.08% 194B
40.1x12.29x31.26x0.27% 180B
43.32x2.78x18.05x1.38% 69.88B
31.88x6.04x17.67x1.12% 70.2B
88.51x10.31x47.59x-.--% 65.22B
162.37x20.9x61.37x-.--% 62.4B
19.61x2.75x12.99x3.12% 46.57B
Average 55.15x 9.19x 29.39x 1.04% 140.43B
Weighted average by Cap. 46.00x 9.49x 26.89x 1.02%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Calix, Inc.