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 2,449 - -
Change - -12.17% -35.74% -19.64% 51.7% -30.2% - -
Enterprise Value (EV) 5,099 4,478 2,878 2,312 3,508 2,449 2,449 2,449
Change - -12.17% -35.74% -19.64% 51.7% -30.2% 0% 0%
P/E Ratio 22.8x 114x 95x -77.5x 204x 48.6x 30.5x 19.2x
PBR - - 4x 2.94x 4.27x 3.04x 2.56x 2.05x
PEG - -1.4x -4.1x 0x -1x 0x 0.5x 0.3x
Capitalization / Revenue 7.5x 5.16x 2.77x 2.78x 3.51x 2.07x 1.78x 1.53x
EV / Revenue 0x 0x 0x 0x 0x 2.07x 1.78x 1.53x
EV / EBITDA 0x 0x 0x 0x 0x 14.8x 10.6x 7.53x
EV / EBIT 0x 0x 0x 0x 0x 16.6x 11.8x 8.06x
EV / FCF - - 0x 0x 0x 19.7x 12.2x 9.38x
FCF Yield - - 1.33% 2.18% 3.29% 5.06% 8.21% 10.7%
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 50.09 127.6 165.5 230.4 325.3
EBIT 1 96.49 99.43 123 30.54 109.9 147.3 208.3 303.8
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 38.39 38.39 38.39
Nbr of stocks (in thousands) 63,756 65,441 65,867 66,316 66,276 63,782 - -
Announcement Date 1/26/22 1/25/23 1/29/24 1/29/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
48.59x - - - 2.45B
37.39x7.78x20.1x1.37% 477B
22.99x0.92x16.59x2.02% 206B
48.74x16.42x34.38x-.--% 206B
42.68x13.32x33.44x0.25% 189B
51.88x3.34x21.73x1.16% 84.2B
186.58x24.01x70.5x-.--% 71.7B
31.08x5.9x17.26x1.15% 68.43B
85.85x9.98x46.07x-.--% 63.13B
25.12x5.42x18.76x1.73% 45.92B
Average 58.09x 9.68x 30.98x 0.85% 141.36B
Weighted average by Cap. 47.56x 9.27x 27.10x 0.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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