CALIX INC (CALX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CALX - US13100M5094 - Common Stock
52.93 USD
-0.06 (-0.11%)
52.93 USD
0 (0%)
Taking everything into account, CALX scores 5 out of 10 in our fundamental rating. CALX was compared to 48 industry peers in the Communications Equipment industry. While CALX has a great health rating, there are worries on its profitability. CALX shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
CALX had positive earnings in the past year.
CALX had a positive operating cash flow in the past year.
Of the past 5 years CALX 4 years were profitable.
In the past 5 years CALX always reported a positive cash flow from operatings.
1.2 Ratios
CALX's Return On Assets of -0.74% is in line compared to the rest of the industry. CALX outperforms 52.08% of its industry peers.
CALX has a Return On Equity (-0.88%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.74% | ||
| ROE | -0.88% | ||
| ROIC | N/A |
ROA(3y)1.53%
ROA(5y)8.91%
ROE(3y)2.1%
ROE(5y)12.04%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CALX has a Gross Margin of 56.16%. This is in the better half of the industry: CALX outperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of CALX has grown nicely.
CALX does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 56.16% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y4.26%
2. Health
2.1 Basic Checks
CALX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CALX has been increased compared to 1 year ago.
CALX has more shares outstanding than it did 5 years ago.
CALX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 14.67 indicates that CALX is not in any danger for bankruptcy at the moment.
The Altman-Z score of CALX (14.67) is better than 91.67% of its industry peers.
CALX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 14.67 |
ROIC/WACCN/A
WACC9.74%
2.3 Liquidity
CALX has a Current Ratio of 5.02. This indicates that CALX is financially healthy and has no problem in meeting its short term obligations.
CALX has a better Current ratio (5.02) than 87.50% of its industry peers.
A Quick Ratio of 4.14 indicates that CALX has no problem at all paying its short term obligations.
The Quick ratio of CALX (4.14) is better than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.02 | ||
| Quick Ratio | 4.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.09% over the past year.
Measured over the past years, CALX shows a very strong growth in Earnings Per Share. The EPS has been growing by 53.42% on average per year.
Looking at the last year, CALX shows a small growth in Revenue. The Revenue has grown by 4.89% in the last year.
CALX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.40% yearly.
EPS 1Y (TTM)22.09%
EPS 3Y-28.24%
EPS 5Y53.42%
EPS Q2Q%238.46%
Revenue 1Y (TTM)4.89%
Revenue growth 3Y6.97%
Revenue growth 5Y14.4%
Sales Q2Q%32.09%
3.2 Future
CALX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 72.13% yearly.
CALX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.19% yearly.
EPS Next Y168.8%
EPS Next 2Y87.97%
EPS Next 3Y72.13%
EPS Next 5YN/A
Revenue Next Year19.5%
Revenue Next 2Y16.39%
Revenue Next 3Y16.19%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
CALX is valuated quite expensively with a Price/Earnings ratio of 50.41.
The rest of the industry has a similar Price/Earnings ratio as CALX.
The average S&P500 Price/Earnings ratio is at 26.51. CALX is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 29.37 indicates a quite expensive valuation of CALX.
The rest of the industry has a similar Price/Forward Earnings ratio as CALX.
CALX is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.41 | ||
| Fwd PE | 29.37 |
4.2 Price Multiples
CALX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CALX is more expensive than 62.50% of the companies in the same industry.
CALX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.06 | ||
| EV/EBITDA | 265.33 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CALX's earnings are expected to grow with 72.13% in the coming years.
PEG (NY)0.3
PEG (5Y)0.94
EPS Next 2Y87.97%
EPS Next 3Y72.13%
5. Dividend
5.1 Amount
No dividends for CALX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
52.93
-0.06 (-0.11%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners88.15%
Inst Owner Change0.2%
Ins Owners10.55%
Ins Owner Change2.97%
Market Cap3.51B
Revenue(TTM)933.68M
Net Income(TTM)-7.25M
Analysts80
Price Target78.8 (48.88%)
Short Float %4.51%
Short Ratio3.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.93%
Min EPS beat(2)27.12%
Max EPS beat(2)58.73%
EPS beat(4)4
Avg EPS beat(4)35.14%
Min EPS beat(4)7.65%
Max EPS beat(4)58.73%
EPS beat(8)7
Avg EPS beat(8)28.48%
EPS beat(12)11
Avg EPS beat(12)25.39%
EPS beat(16)15
Avg EPS beat(16)23.96%
Revenue beat(2)2
Avg Revenue beat(2)5.82%
Min Revenue beat(2)5.69%
Max Revenue beat(2)5.95%
Revenue beat(4)3
Avg Revenue beat(4)3.77%
Min Revenue beat(4)-0.9%
Max Revenue beat(4)5.95%
Revenue beat(8)3
Avg Revenue beat(8)0.36%
Revenue beat(12)3
Avg Revenue beat(12)-0.01%
Revenue beat(16)6
Avg Revenue beat(16)0.63%
PT rev (1m)0%
PT rev (3m)18.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)23.94%
EPS NY rev (1m)1.95%
EPS NY rev (3m)14.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.39%
Revenue NY rev (1m)1.36%
Revenue NY rev (3m)3.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.41 | ||
| Fwd PE | 29.37 | ||
| P/S | 3.76 | ||
| P/FCF | 41.06 | ||
| P/OCF | 33.65 | ||
| P/B | 4.27 | ||
| P/tB | 4.97 | ||
| EV/EBITDA | 265.33 |
EPS(TTM)1.05
EY1.98%
EPS(NY)1.8
Fwd EY3.4%
FCF(TTM)1.29
FCFY2.44%
OCF(TTM)1.57
OCFY2.97%
SpS14.09
BVpS12.41
TBVpS10.66
PEG (NY)0.3
PEG (5Y)0.94
Graham Number17.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.74% | ||
| ROE | -0.88% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 56.16% | ||
| FCFM | 9.15% |
ROA(3y)1.53%
ROA(5y)8.91%
ROE(3y)2.1%
ROE(5y)12.04%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y4.26%
F-Score8
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 104.23% | ||
| Cap/Sales | 2.02% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 946.19% | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.02 | ||
| Quick Ratio | 4.14 | ||
| Altman-Z | 14.67 |
F-Score8
WACC9.74%
ROIC/WACCN/A
Cap/Depr(3y)99.33%
Cap/Depr(5y)84.93%
Cap/Sales(3y)1.84%
Cap/Sales(5y)1.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.09%
EPS 3Y-28.24%
EPS 5Y53.42%
EPS Q2Q%238.46%
EPS Next Y168.8%
EPS Next 2Y87.97%
EPS Next 3Y72.13%
EPS Next 5YN/A
Revenue 1Y (TTM)4.89%
Revenue growth 3Y6.97%
Revenue growth 5Y14.4%
Sales Q2Q%32.09%
Revenue Next Year19.5%
Revenue Next 2Y16.39%
Revenue Next 3Y16.19%
Revenue Next 5YN/A
EBIT growth 1Y80.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year328.78%
EBIT Next 3Y104.74%
EBIT Next 5YN/A
FCF growth 1Y197.3%
FCF growth 3Y2.81%
FCF growth 5YN/A
OCF growth 1Y119.83%
OCF growth 3Y6.39%
OCF growth 5Y71.21%
CALIX INC / CALX FAQ
What is the fundamental rating for CALX stock?
ChartMill assigns a fundamental rating of 5 / 10 to CALX.
What is the valuation status of CALIX INC (CALX) stock?
ChartMill assigns a valuation rating of 3 / 10 to CALIX INC (CALX). This can be considered as Overvalued.
What is the profitability of CALX stock?
CALIX INC (CALX) has a profitability rating of 3 / 10.
What is the valuation of CALIX INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CALIX INC (CALX) is 50.41 and the Price/Book (PB) ratio is 4.27.
What is the expected EPS growth for CALIX INC (CALX) stock?
The Earnings per Share (EPS) of CALIX INC (CALX) is expected to grow by 168.8% in the next year.