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 2,269 - -
Change - -12.17% -35.74% -19.64% 51.7% -35.33% - -
Enterprise Value (EV) 5,099 4,478 2,878 2,312 3,508 2,269 2,269 2,269
Change - -12.17% -35.74% -19.64% 51.7% -35.33% 0% 0%
P/E 22.8x 114x 95x -77.5x 204x 45x 28.2x 17.8x
PBR - - 4x 2.94x 4.27x 2.82x 2.37x 1.9x
PEG - -1.4x -4.1x 0x -1x 0x 0.5x 0.3x
Capitalization / Revenue 7.5x 5.16x 2.77x 2.78x 3.51x 1.92x 1.65x 1.41x
EV / Revenue 0x 0x 0x 0x 0x 1.92x 1.65x 1.41x
EV / EBITDA 0x 0x 0x 0x 0x 13.7x 9.84x 6.98x
EV / EBIT 0x 0x 0x 0x 0x 15.4x 10.9x 7.47x
EV / FCF - - 0x 0x 0x 18.3x 11.3x 8.69x
FCF Yield - - 1.33% 2.18% 3.29% 5.47% 8.86% 11.5%
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 35.57 35.57 35.57
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.($)
45.03x - - - 2.27B
35.13x7.32x18.92x1.46% 448B
22.93x0.91x16.49x2.04% 205B
46.58x14.51x36.53x0.23% 206B
46.79x15.81x33.1x-.--% 198B
45.44x2.91x18.83x1.32% 72.86B
92.12x10.73x49.53x-.--% 67.87B
165.4x21.29x62.52x-.--% 63.56B
30.37x5.78x16.91x1.18% 66.88B
18.95x2.64x12.51x3.22% 44.89B
Average 54.88x 9.10x 29.48x 1.05% 137.56B
Weighted average by Cap. 45.34x 9.02x 26.46x 1.05%

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.