CALIX INC (CALX) Stock Fundamental Analysis
USA - NYSE:CALX - US13100M5094 - Common Stock
61.29 USD
+1.13 (+1.88%)
61.29 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CALX. CALX was compared to 48 industry peers in the Communications Equipment industry. No worries on liquidiy or solvency for CALX as it has an excellent financial health rating, but there are worries on the profitability. CALX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
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.
1.2 Ratios
CALX has a Return On Assets (-2.92%) which is in line with its industry peers.
CALX has a Return On Equity (-3.48%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.92% | ||
| ROE | -3.48% | ||
| 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
The Gross Margin of CALX (55.50%) is better than 77.08% of its industry peers.
CALX's Gross Margin has improved in the last couple of years.
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 | 55.5% |
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.
Compared to 1 year ago, CALX has more shares outstanding
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
CALX has an Altman-Z score of 16.93. This indicates that CALX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CALX (16.93) is better than 91.67% of its industry peers.
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 | 16.93 |
ROIC/WACCN/A
WACC9%
2.3 Liquidity
CALX has a Current Ratio of 4.55. This indicates that CALX is financially healthy and has no problem in meeting its short term obligations.
CALX has a Current ratio of 4.55. This is amongst the best in the industry. CALX outperforms 89.58% of its industry peers.
A Quick Ratio of 3.65 indicates that CALX has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.65, CALX belongs to the best of the industry, outperforming 89.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.55 | ||
| Quick Ratio | 3.65 |
3. Growth
3.1 Past
CALX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.29%.
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.
CALX shows a decrease in Revenue. In the last year, the revenue decreased by -8.80%.
Measured over the past years, CALX shows a quite strong growth in Revenue. The Revenue has been growing by 14.40% on average per year.
EPS 1Y (TTM)-37.29%
EPS 3Y-28.24%
EPS 5Y53.42%
EPS Q2Q%277.78%
Revenue 1Y (TTM)-8.8%
Revenue growth 3Y6.97%
Revenue growth 5Y14.4%
Sales Q2Q%22.08%
3.2 Future
CALX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 68.69% yearly.
Based on estimates for the next years, CALX will show a quite strong growth in Revenue. The Revenue will grow by 12.95% on average per year.
EPS Next Y134.2%
EPS Next 2Y82.5%
EPS Next 3Y68.69%
EPS Next 5YN/A
Revenue Next Year15.56%
Revenue Next 2Y12.83%
Revenue Next 3Y12.95%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 82.82, CALX can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CALX is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.89. CALX is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 36.08, which means the current valuation is very expensive for CALX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CALX is on the same level as its industry peers.
CALX is valuated expensively when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.82 | ||
| Fwd PE | 36.08 |
4.2 Price Multiples
CALX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.96 | ||
| EV/EBITDA | N/A |
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 68.69% in the coming years.
PEG (NY)0.62
PEG (5Y)1.55
EPS Next 2Y82.5%
EPS Next 3Y68.69%
5. Dividend
5.1 Amount
No dividends for CALX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
61.29
+1.13 (+1.88%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners88.05%
Inst Owner Change-1.1%
Ins Owners10.44%
Ins Owner Change0.53%
Market Cap4.00B
Revenue(TTM)869.19M
Net Income(TTM)-26878000
Analysts80
Price Target68.13 (11.16%)
Short Float %3.49%
Short Ratio4.12
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)52.89%
Min EPS beat(2)47.06%
Max EPS beat(2)58.73%
EPS beat(4)4
Avg EPS beat(4)38.71%
Min EPS beat(4)7.65%
Max EPS beat(4)58.73%
EPS beat(8)7
Avg EPS beat(8)28.07%
EPS beat(12)11
Avg EPS beat(12)27.11%
EPS beat(16)15
Avg EPS beat(16)23.57%
Revenue beat(2)2
Avg Revenue beat(2)5.13%
Min Revenue beat(2)4.32%
Max Revenue beat(2)5.95%
Revenue beat(4)2
Avg Revenue beat(4)1.84%
Min Revenue beat(4)-2.02%
Max Revenue beat(4)5.95%
Revenue beat(8)2
Avg Revenue beat(8)-0.57%
Revenue beat(12)3
Avg Revenue beat(12)0.15%
Revenue beat(16)6
Avg Revenue beat(16)0.32%
PT rev (1m)2.3%
PT rev (3m)28.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)33.83%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)2.32%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)6.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.82 | ||
| Fwd PE | 36.08 | ||
| P/S | 4.6 | ||
| P/FCF | 55.96 | ||
| P/OCF | 45.5 | ||
| P/B | 5.18 | ||
| P/tB | 6.1 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.74
EY1.21%
EPS(NY)1.7
Fwd EY2.77%
FCF(TTM)1.1
FCFY1.79%
OCF(TTM)1.35
OCFY2.2%
SpS13.31
BVpS11.83
TBVpS10.05
PEG (NY)0.62
PEG (5Y)1.55
Graham Number14.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.92% | ||
| ROE | -3.48% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 55.5% | ||
| FCFM | 8.23% |
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-Score6
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 90.44% | ||
| Cap/Sales | 1.89% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.55 | ||
| Quick Ratio | 3.65 | ||
| Altman-Z | 16.93 |
F-Score6
WACC9%
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)-37.29%
EPS 3Y-28.24%
EPS 5Y53.42%
EPS Q2Q%277.78%
EPS Next Y134.2%
EPS Next 2Y82.5%
EPS Next 3Y68.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.8%
Revenue growth 3Y6.97%
Revenue growth 5Y14.4%
Sales Q2Q%22.08%
Revenue Next Year15.56%
Revenue Next 2Y12.83%
Revenue Next 3Y12.95%
Revenue Next 5YN/A
EBIT growth 1Y-270.01%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year257.36%
EBIT Next 3Y92.18%
EBIT Next 5YN/A
FCF growth 1Y256.04%
FCF growth 3Y2.81%
FCF growth 5YN/A
OCF growth 1Y129.08%
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.