Calix, Inc. (CALX) is a publicly traded company in the Technology — Communication Equipment industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Headquartered in San Jose, California, Calix, Inc., established in 1999, is a global technology provider specializing in cloud and software platforms, robust systems, and comprehensive services. The company's innovative solutions empower broadband service providers (BSPs) to offer a diverse array of services to their customers. Calix's reach extends throughout the United States, the broader Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
Is Calix, Inc. stock overvalued or undervalued in 2026?
Calix, Inc. (CALX) trades at 47.8× earnings (P/E), above the median of the 314 technology companies over $2bn in Kaplio's universe. At its sector median (32.0×) $25 (-33 %).
Kaplio overview: Calix, Inc.
Market cap $2B · 52 weeks $33 – $68 (46 % below the high) · P/E 47.8× · 2027 expected P/E 16.0× · Dividend none · Next earnings November 2, 2026 · expected EPS $0.41 · Closing price, Oct 30 · accounts published Jul 20.
- Valuation: P/E 47.8× (expensive).
- Business: ROIC 6 % (weak).
- Balance sheet: Net cash/EBITDA 2.3× (solid).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At its sector median (32.0×) $25 (-33 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in technology: 4 of 7 pass
- 3y revenue growth 3.9 %, fails.
- FCF / Revenue 11.6 %, fails.
- ROIC 5.8 %, fails.
- Gross margin 56.8 %, passes.
- SBC / Revenue 8.8 %, passes.
- Net debt / EBITDA −2.3×, passes.
- EV/EBITDA vs own 5y 26.6×, passes.
Against its peers (reference peers) — Calix, Inc.: P/E 47.8×; EV/EBITDA 26.6×; ROIC 5.8 %; $2.3B. Bill.com Holdings, Inc. (P/E —; EV/EBITDA 39.7×; ROIC 0.3 %; $4.1B), Workiva Inc. (P/E 102×; EV/EBITDA 66.6×; ROIC 3.9 %; $4.5B), Compass, Inc. (P/E 83.8×; EV/EBITDA 96.5×; ROIC 0.2 %; $6.8B).
Profitability
| Return on Equity | 6.54% |
| Return on Invested Capital | 5.79% |
| Return on Assets | 5.36% |
| Gross Margin | 56.58% |
| Operating Margin | 5.51% |
| Net Margin | 4.61% |
Financial Health
| Debt / Equity | 0.02 |
| Current Ratio | 2.83 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 11.76 |
Price Performance
| 1 month | +5.50% |
| 3 months | +2.56% |
| Year-to-date | -30.44% |
| 1 year | -46.19% |
| 3 years | +8.29% |
| 5 years | -43.89% |
| 10 years | +453.68% |
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Explore sector: Technology · Communication Equipment
More sections of CALX: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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