CALIX INC (CALX) Fundamental Analysis & Valuation

NYSE:CALX • US13100M5094

Current stock price

46.87 USD
-2.12 (-4.33%)
At close:
46.39 USD
-0.48 (-1.02%)
Pre-Market:

This CALX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. CALX Profitability Analysis

1.1 Basic Checks

  • CALX had positive earnings in the past year.
  • In the past year CALX had a positive cash flow from operations.
  • Of the past 5 years CALX 4 years were profitable.
  • Each year in the past 5 years CALX had a positive operating cash flow.
CALX Yearly Net Income VS EBIT VS OCF VS FCFCALX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • CALX has a Return On Assets of 1.69%. This is in the better half of the industry: CALX outperforms 60.42% of its industry peers.
  • Looking at the Return On Equity, with a value of 2.08%, CALX is in the better half of the industry, outperforming 60.42% of the companies in the same industry.
  • With a Return On Invested Capital value of 1.85%, CALX perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
Industry RankSector Rank
ROA 1.69%
ROE 2.08%
ROIC 1.85%
ROA(3y)0.55%
ROA(5y)7.68%
ROE(3y)0.78%
ROE(5y)10.06%
ROIC(3y)N/A
ROIC(5y)N/A
CALX Yearly ROA, ROE, ROICCALX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40

1.3 Margins

  • With a decent Profit Margin value of 1.79%, CALX is doing good in the industry, outperforming 60.42% of the companies in the same industry.
  • CALX's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 2.10%, CALX is in line with its industry, outperforming 47.92% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CALX has declined.
  • Looking at the Gross Margin, with a value of 56.83%, CALX is in the better half of the industry, outperforming 77.08% of the companies in the same industry.
  • CALX's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 2.1%
PM (TTM) 1.79%
GM 56.83%
OM growth 3Y-29.78%
OM growth 5Y-23.41%
PM growth 3Y-27.67%
PM growth 5Y-21.99%
GM growth 3Y4.24%
GM growth 5Y2.87%
CALX Yearly Profit, Operating, Gross MarginsCALX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

8

2. CALX Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CALX is destroying value.
  • CALX has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, CALX has more shares outstanding
  • 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.
CALX Yearly Shares OutstandingCALX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
CALX Yearly Total Debt VS Total AssetsCALX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • CALX has an Altman-Z score of 10.37. This indicates that CALX is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 10.37, CALX belongs to the best of the industry, outperforming 85.42% of the companies in the same industry.
  • CALX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 10.37
ROIC/WACC0.21
WACC8.99%
CALX Yearly LT Debt VS Equity VS FCFCALX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

2.3 Liquidity

  • CALX has a Current Ratio of 4.24. This indicates that CALX is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Current ratio value of 4.24, CALX belongs to the best of the industry, outperforming 89.58% of the companies in the same industry.
  • CALX has a Quick Ratio of 3.42. This indicates that CALX is financially healthy and has no problem in meeting its short term obligations.
  • CALX has a better Quick ratio (3.42) than 87.50% of its industry peers.
Industry RankSector Rank
Current Ratio 4.24
Quick Ratio 3.42
CALX Yearly Current Assets VS Current LiabilitesCALX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

8

3. CALX Growth Analysis

3.1 Past

  • CALX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 166.67%, which is quite impressive.
  • CALX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.44% yearly.
  • The Revenue has grown by 20.26% in the past year. This is a very strong growth!
  • CALX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.07% yearly.
EPS 1Y (TTM)166.67%
EPS 3Y6.69%
EPS 5Y7.44%
EPS Q2Q%387.5%
Revenue 1Y (TTM)20.26%
Revenue growth 3Y4.84%
Revenue growth 5Y13.07%
Sales Q2Q%32.18%

3.2 Future

  • CALX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.77% yearly.
  • CALX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.44% yearly.
EPS Next Y35.04%
EPS Next 2Y34.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.13%
Revenue Next 2Y14.44%
Revenue Next 3YN/A
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.
CALX Yearly Revenue VS EstimatesCALX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
CALX Yearly EPS VS EstimatesCALX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 -1 2

4

4. CALX Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 34.46, CALX can be considered very expensive at the moment.
  • CALX's Price/Earnings ratio is a bit cheaper when compared to the industry. CALX is cheaper than 62.50% of the companies in the same industry.
  • CALX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.51.
  • Based on the Price/Forward Earnings ratio of 25.52, the valuation of CALX can be described as expensive.
  • Based on the Price/Forward Earnings ratio, CALX is valued a bit cheaper than the industry average as 60.42% of the companies are valued more expensively.
  • CALX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.76.
Industry RankSector Rank
PE 34.46
Fwd PE 25.52
CALX Price Earnings VS Forward Price EarningsCALX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as CALX.
  • CALX's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 26.62
EV/EBITDA 63.1
CALX Per share dataCALX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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 34.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.98
PEG (5Y)4.63
EPS Next 2Y34.77%
EPS Next 3YN/A

0

5. CALX Dividend Analysis

5.1 Amount

  • No dividends for CALX!.
Industry RankSector Rank
Dividend Yield 0%

CALX Fundamentals: All Metrics, Ratios and Statistics

CALIX INC

NYSE:CALX (4/1/2026, 8:12:32 PM)

Premarket: 46.39 -0.48 (-1.02%)

46.87

-2.12 (-4.33%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-20
Inst Owners92.77%
Inst Owner Change3.48%
Ins Owners10.73%
Ins Owner Change4.57%
Market Cap3.08B
Revenue(TTM)1.00B
Net Income(TTM)17.88M
Analysts81.43
Price Target72.04 (53.7%)
Short Float %9.13%
Short Ratio4.67
Dividend
Industry RankSector 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)1
Avg EPS beat(2)13.35%
Min EPS beat(2)-0.43%
Max EPS beat(2)27.12%
EPS beat(4)3
Avg EPS beat(4)33.12%
Min EPS beat(4)-0.43%
Max EPS beat(4)58.73%
EPS beat(8)6
Avg EPS beat(8)26.39%
EPS beat(12)10
Avg EPS beat(12)22.66%
EPS beat(16)14
Avg EPS beat(16)23.47%
Revenue beat(2)2
Avg Revenue beat(2)2.88%
Min Revenue beat(2)0.08%
Max Revenue beat(2)5.69%
Revenue beat(4)4
Avg Revenue beat(4)4.01%
Min Revenue beat(4)0.08%
Max Revenue beat(4)5.95%
Revenue beat(8)4
Avg Revenue beat(8)0.6%
Revenue beat(12)4
Avg Revenue beat(12)0.05%
Revenue beat(16)7
Avg Revenue beat(16)0.67%
PT rev (1m)0%
PT rev (3m)-8.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.25%
EPS NY rev (1m)0%
EPS NY rev (3m)1.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.57%
Valuation
Industry RankSector Rank
PE 34.46
Fwd PE 25.52
P/S 3.08
P/FCF 26.62
P/OCF 22.79
P/B 3.58
P/tB 4.14
EV/EBITDA 63.1
EPS(TTM)1.36
EY2.9%
EPS(NY)1.84
Fwd EY3.92%
FCF(TTM)1.76
FCFY3.76%
OCF(TTM)2.06
OCFY4.39%
SpS15.24
BVpS13.1
TBVpS11.33
PEG (NY)0.98
PEG (5Y)4.63
Graham Number20.02
Profitability
Industry RankSector Rank
ROA 1.69%
ROE 2.08%
ROCE 2.34%
ROIC 1.85%
ROICexc 3.27%
ROICexgc 4.24%
OM 2.1%
PM (TTM) 1.79%
GM 56.83%
FCFM 11.55%
ROA(3y)0.55%
ROA(5y)7.68%
ROE(3y)0.78%
ROE(5y)10.06%
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 3Y-28.56%
ROICexgc growth 5Y-39.16%
ROICexc growth 3Y-27.84%
ROICexc growth 5Y-28.65%
OM growth 3Y-29.78%
OM growth 5Y-23.41%
PM growth 3Y-27.67%
PM growth 5Y-21.99%
GM growth 3Y4.24%
GM growth 5Y2.87%
F-Score8
Asset Turnover0.94
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 109.74%
Cap/Sales 1.94%
Interest Coverage 250
Cash Conversion 348.72%
Profit Quality 645.93%
Current Ratio 4.24
Quick Ratio 3.42
Altman-Z 10.37
F-Score8
WACC8.99%
ROIC/WACC0.21
Cap/Depr(3y)103.15%
Cap/Depr(5y)95.48%
Cap/Sales(3y)1.94%
Cap/Sales(5y)1.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)166.67%
EPS 3Y6.69%
EPS 5Y7.44%
EPS Q2Q%387.5%
EPS Next Y35.04%
EPS Next 2Y34.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)20.26%
Revenue growth 3Y4.84%
Revenue growth 5Y13.07%
Sales Q2Q%32.18%
Revenue Next Year15.13%
Revenue Next 2Y14.44%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y148.78%
EBIT growth 3Y-26.38%
EBIT growth 5Y-13.4%
EBIT Next Year57.24%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y129.45%
FCF growth 3Y106.51%
FCF growth 5Y21.52%
OCF growth 1Y97.3%
OCF growth 3Y70.59%
OCF growth 5Y21.29%

CALIX INC / CALX Fundamental Analysis FAQ

What is the fundamental rating for CALX stock?

ChartMill assigns a fundamental rating of 6 / 10 to CALX.


What is the valuation status of CALIX INC (CALX) stock?

ChartMill assigns a valuation rating of 4 / 10 to CALIX INC (CALX). This can be considered as Fairly Valued.


How profitable is CALIX INC (CALX) stock?

CALIX INC (CALX) has a profitability rating of 5 / 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 34.46 and the Price/Book (PB) ratio is 3.58.


What is the financial health of CALIX INC (CALX) stock?

The financial health rating of CALIX INC (CALX) is 8 / 10.