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 2,163 - -
Change - -12.17% -35.74% -19.64% 51.7% -38.33% - -
Enterprise Value (EV) 5,099 4,478 2,878 2,312 3,508 2,163 2,163 2,163
Change - -12.17% -35.74% -19.64% 51.7% -38.33% 0% 0%
P/E 22.8x 114x 95x -77.5x 204x 38.6x 23.2x 14.7x
PBR - - 4x 2.94x 4.27x 2.98x 2.6x 2.18x
PEG - -1.4x -4.1x 0x -1x 0x 0.3x 0.3x
Capitalization / Revenue 7.5x 5.16x 2.77x 2.78x 3.51x 1.82x 1.57x 1.35x
EV / Revenue 0x 0x 0x 0x 0x 1.82x 1.57x 1.35x
EV / EBITDA 0x 0x 0x 0x 0x 13.7x 9.94x 7.62x
EV / EBIT 0x 0x 0x 0x 0x 15.2x 11.2x 7.6x
EV / FCF - - 0x 0x 0x 27.4x 13.6x 10.7x
FCF Yield - - 1.33% 2.18% 3.29% 3.65% 7.35% 9.38%
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 34.36 34.36 34.36
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.($)
38.61x - - - 216.34Cr
26.24x5.88x15.22x1.58% 42TCr
53.39x19.06x38.24x-.--% 26TCr
19.23x0.78x14.05x2.36% 17TCr
26.15x8.29x20.01x0.47% 14TCr
45.82x13.47x30.06x-.--% 8.71TCr
32.27x6.3x18.27x1.08% 7.38TCr
42.05x2.28x14.72x1.68% 5.73TCr
28.64x6.48x21.62x1.44% 5.53TCr
60.66x7.85x34.72x-.--% 4.99TCr
Average 37.31x 7.82x 22.99x 0.96% 13.21TCr
Weighted average by Cap. 34.33x 8.51x 22.20x 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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