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 2,366 - -
Change - -12.17% -35.74% -19.64% 51.7% -32.55% - -
Enterprise Value (EV) 5,099 4,478 2,878 2,312 3,508 2,366 2,366 2,366
Change - -12.17% -35.74% -19.64% 51.7% -32.55% 0% 0%
P/E 22.8x 114x 95x -77.5x 204x 42.2x 25.4x 16.1x
PBR - - 4x 2.94x 4.27x 3.25x 2.84x 2.39x
PEG - -1.4x -4.1x 0x -1x 0x 0.4x 0.3x
Capitalization / Revenue 7.5x 5.16x 2.77x 2.78x 3.51x 1.99x 1.72x 1.48x
EV / Revenue 0x 0x 0x 0x 0x 1.99x 1.72x 1.48x
EV / EBITDA 0x 0x 0x 0x 0x 14.9x 10.9x 8.33x
EV / EBIT 0x 0x 0x 0x 0x 16.7x 12.3x 8.31x
EV / FCF - - 0x 0x 0x 30x 14.9x 11.7x
FCF Yield - - 1.33% 2.18% 3.29% 3.34% 6.72% 8.58%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.51 0.6 0.46 -0.45 0.26 0.89 1.48 2.33
Distribution rate - - - - - - - -
Net sales 1 679.4 867.8 1,040 831.5 1,000 1,192 1,378 1,597
EBITDA 1 111.5 113.7 139.6 50.09 127.6 158.4 217.6 284
EBIT 1 96.49 99.43 123 30.54 109.9 141.9 193.1 284.6
Net income 1 - 41.01 31.78 -29.75 17.88 59 97.4 156.4
Net Debt - - - - - - - -
Reference price 2 79.97 68.43 43.69 34.87 52.93 37.58 37.58 37.58
Nbr of stocks (in thousands) 63,756 65,441 65,867 66,316 66,276 62,964 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
42.22x - - - 2.37B
33.67x7.05x18.22x1.51% 431B
49.08x17.31x34.75x-.--% 235B
20.83x0.84x14.93x2.22% 182B
26.55x8.75x21.14x0.48% 143B
34.75x6.72x19.21x0.97% 79.26B
41.07x12.16x27.57x-.--% 78.09B
40.67x2.14x13.95x1.77% 55.21B
27.56x6.22x20.76x1.5% 53.24B
67.86x7.92x36.48x-.--% 50.13B
Average 38.43x 7.68x 23.00x 0.94% 131.03B
Weighted average by Cap. 35.74x 8.29x 22.29x 1.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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