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 2,508 - -
Change - -12.17% -35.74% -19.64% 51.7% -28.49% - -
Enterprise Value (EV) 5,099 4,478 2,878 2,312 3,508 2,508 2,508 2,508
Change - -12.17% -35.74% -19.64% 51.7% -28.49% 0% 0%
P/E 22.8x 114x 95x -77.5x 204x 44.8x 26.9x 17.1x
PBR - - 4x 2.94x 4.27x 3.45x 3.01x 2.53x
PEG - -1.4x -4.1x 0x -1x 0x 0.4x 0.3x
Capitalization / Revenue 7.5x 5.16x 2.77x 2.78x 3.51x 2.11x 1.82x 1.57x
EV / Revenue 0x 0x 0x 0x 0x 2.11x 1.82x 1.57x
EV / EBITDA 0x 0x 0x 0x 0x 15.8x 11.5x 8.83x
EV / EBIT 0x 0x 0x 0x 0x 17.7x 13x 8.81x
EV / FCF - - 0x 0x 0x 31.8x 15.8x 12.4x
FCF Yield - - 1.33% 2.18% 3.29% 3.15% 6.34% 8.09%
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 39.84 39.84 39.84
Nbr of stocks (in thousands) 63,756 65,441 65,867 66,316 66,276 62,964 - -
Announcement Date 1/26/22 1/25/23 1/29/24 1/29/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
44.76x - - - 2.51B
34.91x7.31x18.87x1.46% 447B
53.62x19.06x38.25x-.--% 257B
21.99x0.88x15.78x2.11% 192B
32.39x10.2x25.1x0.34% 160B
178.25x26.12x76.57x-.--% 78B
33.73x6.53x18.65x1% 76.96B
85.07x9.91x45.74x-.--% 62.68B
31.16x7.08x23.67x1.32% 60.16B
44.5x2.36x15.35x1.61% 60.12B
Average 56.04x 9.94x 30.89x 0.87% 139.66B
Weighted average by Cap. 46.75x 9.82x 27.21x 0.98%

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.