CALIX INC (CALX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CALX - US13100M5094 - Common Stock
56.17 USD
+0.15 (+0.27%)
56.2 USD
+0.03 (+0.05%)
We assign a fundamental rating of 5 out of 10 to CALX. CALX was compared to 48 industry peers in the Communications Equipment industry. CALX has a great financial health rating, but its profitability evaluates not so good. CALX shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year CALX was profitable.
CALX had a positive operating cash flow in the past year.
Of the past 5 years CALX 4 years were profitable.
Each year in the past 5 years CALX had a positive operating cash flow.
1.2 Ratios
CALX has a Return On Assets (-0.74%) which is comparable to the rest of the industry.
CALX has a Return On Equity of -0.88%. This is comparable to the rest of the industry: CALX outperforms 54.17% of 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
With a decent Gross Margin value of 56.16%, CALX is doing good in the industry, outperforming 77.08% of the companies in the same industry.
In the last couple of years the Gross Margin of CALX has grown nicely.
The Profit Margin and Operating Margin are not available for CALX so they could not be analyzed.
| 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.
CALX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CALX has more shares outstanding
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 15.47 indicates that CALX is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 15.47, CALX belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
There is no outstanding debt for CALX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.47 |
ROIC/WACCN/A
WACC9.36%
2.3 Liquidity
A Current Ratio of 5.02 indicates that CALX has no problem at all paying 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.
CALX's Quick ratio of 4.14 is amongst the best of the industry. CALX outperforms 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.
CALX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 53.42% yearly.
The Revenue has been growing slightly by 4.89% in the past 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
The Earnings Per Share is expected to grow by 72.13% on average over the next years. This is a very strong growth
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
Based on the Price/Earnings ratio of 53.50, the valuation of CALX can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as CALX.
CALX's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.76.
A Price/Forward Earnings ratio of 31.17 indicates a quite expensive valuation of CALX.
The rest of the industry has a similar Price/Forward Earnings ratio as CALX.
The average S&P500 Price/Forward Earnings ratio is at 23.96. CALX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.5 | ||
| Fwd PE | 31.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CALX indicates a slightly more expensive valuation: CALX is more expensive than 60.42% of the companies listed in the same industry.
CALX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.57 | ||
| EV/EBITDA | 283.92 |
4.3 Compensation for Growth
CALX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CALX's earnings are expected to grow with 72.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)1
EPS Next 2Y87.97%
EPS Next 3Y72.13%
5. Dividend
5.1 Amount
No dividends for CALX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
56.17
+0.15 (+0.27%)
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 Cap3.72B
Revenue(TTM)933.68M
Net Income(TTM)-7.25M
Analysts80
Price Target78.8 (40.29%)
Short Float %3.99%
Short Ratio3.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)15.66%
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 | 53.5 | ||
| Fwd PE | 31.17 | ||
| P/S | 3.99 | ||
| P/FCF | 43.57 | ||
| P/OCF | 35.7 | ||
| P/B | 4.53 | ||
| P/tB | 5.27 | ||
| EV/EBITDA | 283.92 |
EPS(TTM)1.05
EY1.87%
EPS(NY)1.8
Fwd EY3.21%
FCF(TTM)1.29
FCFY2.3%
OCF(TTM)1.57
OCFY2.8%
SpS14.09
BVpS12.41
TBVpS10.66
PEG (NY)0.32
PEG (5Y)1
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 | 15.47 |
F-Score8
WACC9.36%
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.
Can you provide the valuation status for CALIX INC?
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.
How financially healthy is CALIX INC?
The financial health rating of CALIX INC (CALX) is 8 / 10.