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 2,454 - -
Change - -12.17% -35.74% -19.64% 51.7% -30.04% - -
Enterprise Value (EV) 5,099 4,478 2,878 2,312 3,508 2,454 2,454 2,454
Change - -12.17% -35.74% -19.64% 51.7% -30.04% 0% 0%
P/E 22.8x 114x 95x -77.5x 204x 48.7x 30.5x 19.2x
PBR - - 4x 2.94x 4.27x 3.05x 2.56x 2.06x
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 7.55x
EV / EBIT 0x 0x 0x 0x 0x 16.7x 11.8x 8.08x
EV / FCF - - 0x 0x 0x 19.8x 12.2x 9.4x
FCF Yield - - 1.33% 2.18% 3.29% 5.05% 8.19% 10.6%
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 50.09 127.6 165.3 230.5 325.1
EBIT 1 96.49 99.43 123 30.54 109.9 147.4 208.3 303.8
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 38.48 38.48 38.48
Nbr of stocks (in thousands) 63,756 65,441 65,867 66,316 66,276 63,782 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
48.71x - - - 2.45B
34.8x7.26x18.74x1.47% 444B
47.5x16.07x33.65x-.--% 201B
41.03x12.78x32.07x0.27% 183B
21.13x0.88x15.35x2.1% 189B
31.86x6.03x17.66x1.12% 70.16B
44.43x2.85x18.53x1.34% 71.67B
81.16x9.45x43.64x-.--% 59.8B
147.45x18.99x55.75x-.--% 56.66B
25.32x5.47x18.92x1.72% 46.29B
Average 52.34x 8.86x 28.26x 0.89% 132.52B
Weighted average by Cap. 42.61x 8.69x 25.02x 1.02%

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.