Company Valuation: Calix Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 988.4 755.5 257.6 72.99 88.53 51.82 - -
Change - -23.56% -65.91% -71.67% 21.29% -41.46% - -
Enterprise Value (EV) 1 964.9 682.4 217.9 52.64 82.17 39.55 47.56 54.58
Change - -29.28% -68.07% -75.84% 56.1% -51.87% 20.24% 14.76%
P/E -59.5x -29.9x -9.83x -3.54x -1.73x -3.85x -5.37x -7.54x
PBR - - - - - - - -
PEG - -0.8x -2.86x 0.1x -0x 0.1x 0.2x 0.3x
Capitalization / Revenue 53.5x 40.6x 10.6x 2.59x 2.46x 1.21x 1.01x 0.87x
EV / Revenue 52.2x 36.7x 9.01x 1.87x 2.28x 0.93x 0.93x 0.91x
EV / EBITDA -79.4x -38.7x -11.5x -1.82x -1.78x -7.84x -9.74x -421x
EV / EBIT -59x -29x -8.35x -1.36x -1.56x -3.04x -3.94x -7.51x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.1029 -0.1396 -0.1444 -0.0961 -0.2369 -0.0624 -0.0447 -0.0318
Distribution rate - - - - - - - -
Net sales 1 18.47 18.6 24.19 28.17 36.02 42.67 51.32 59.77
EBITDA 1 -12.14 -17.63 -18.88 -28.95 -46.1 -5.045 -4.885 -0.1298
EBIT 1 -16.37 -23.49 -26.09 -38.74 -52.83 -13.01 -12.08 -7.263
Net income 1 -16.51 -23.19 -25.26 -19.17 -51.03 -14.23 -11.98 -7.884
Net Debt 1 -23.51 -73.15 -39.7 -20.35 -6.356 -12.27 -4.262 2.758
Reference price 2 6.1200 4.1700 1.4200 0.3400 0.4100 0.2400 0.2400 0.2400
Nbr of stocks (in thousands) 161,498 181,183 181,406 214,675 215,924 215,924 - -
Announcement Date 23/08/22 23/08/23 26/08/24 25/08/25 25/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.01x0.98x-8.27x - 38.71M
26.91x4.18x13.43x2.15% 123B
17.93x6.43x33.59x2.65% 61.13B
58.58x1.36x9.57x6.03% 39.78B
12.56x1.27x6.91x2.69% 35.99B
10.21x3.3x7.75x4.25% 26.77B
17.42x0.81x6.01x1.77% 20.5B
78.99x14.34x52.18x0.06% 21.17B
8.79x0.88x5.38x4.29% 20.77B
10.79x1.05x8.1x3.95% 19.32B
Average 23.82x 3.46x 13.47x 3.09% 36.89B
Weighted average by Cap. 26.82x 3.95x 16.38x 2.93%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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