Calix (ASX:CXL) EBIT: A$-50.03 Mil (TTM As of Dec. 2025)


ASX:CXL Calix Ltd ASX:CXL
68 GF Score
Price A$0.42
GF Value A$1.47
Valuation Possible Value Trap
! 8 Warning Signs
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What is Calix EBIT?

Calix ASX:CXL -1.18% 68 EBIT is A$-50.03 Mil as of Dec. 2025. GuruFocus rates ASX:CXL with a GF Score™ of 68/100 and a GF Value™ of A$1.47 (Possible Value Trap). The stock has 8 warning signs investors should review.

Calix's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-42.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-50.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Calix's annualized ROC % for the quarter that ended in Dec. 2025 was -34.26%. Calix's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -179.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Calix's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -61.76%.

Calix  (ASX:CXL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Calix's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-26.91 * ( 1 - 0.09% )/( (90.844 + 66.108)/ 2 )
=-26.885781/78.476
=-34.26 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=110.376 - 8.017 - ( 22.975 - max(0, 20.367 - 31.882+22.975))
=90.844

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=72.231 - 8.451 - ( 11.803 - max(0, 23.459 - 21.131+11.803))
=66.108

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Calix's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-85.392/( ( (60.325 + max(-12.634, 0)) + (35.051 + max(-12.961, 0)) )/ 2 )
=-85.392/( ( 60.325 + 35.051 )/ 2 )
=-85.392/47.688
=-179.06 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.565 + 2.628 + 0.559) - (8.017 + 9.63 + 1.739)
=-12.634

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.681 + 2.647 + 0) - (8.451 + 0 + 13.838)
=-12.961

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Calix's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-50.028/81.010
=-61.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Calix EBIT Related Terms

Calix EBIT Historical Data

* Premium members only.

The historical data trend for Calix's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Calix EBIT Chart

Calix Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial -9.00 -16.69 -23.17 -26.10 -19.98

Calix Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.84 -13.26 -12.65 -7.33 -42.70

ASX:CXL vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Calix's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Calix EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Calix's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Calix's EV-to-EBIT falls into.


ASX:CXL
68GF Score
Calix Ltd ASX:CXL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Calix EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-50.03 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-50.03 Mil mean?
Calix (ASX:CXL) has a EBIT of A$-50.03 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Calix.
Is Calix's EBIT too high?
Calix's current EBIT is A$-50.03 Mil. Overall, Calix has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Calix's EBIT compare to LIN and SHW?
Calix's EBIT of A$-50.03 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Chemicals company?
A good EBIT depends on the Chemicals industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Calix. Calix's current EBIT is A$-50.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calix stock overvalued right now?
Based on GuruFocus' analysis, Calix (ASX:CXL) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.47, compared to a current price of A$0.42 — trading 71.4% below its estimated fair value. The current EBIT is A$-50.03 Mil. Calix's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Calix (ASX:CXL), the current EBIT is A$-50.03 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Calix (ASX:CXL) Overvalued in 2026?

Based on GuruFocus' analysis, Calix stock appears to be undervalued. The current stock price of A$0.42 is trading 71.4% below its estimated GF Value™ of A$1.47. GuruFocus considers Calix to be Possible Value Trap.

Key valuation signals for ASX:CXL:

  • EBIT: A$-50.03 Mil
  • GF Value™: A$1.47 vs. price of A$0.42 (71.4% below fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the ASX:CXL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Calix Business Description

Other Exchanges 4X4:Germany
Address 20 Bridge Street, Suite 301, Building 1, Pymble, Sydney, NSW, AUS, 2073
Calix Ltd is an Australian technology company. The company's patented core platform technology delivers efficient indirect heating of minerals to enable the electrification of industries, efficient capture of unavoidable CO2 emissions, and green industrial processing solutions. Its core technology platform includes the Calix Flash Calciner (CFC). The group operates in three business segments, namely: Leilac (CO2 mitigation), Sustainable Processing, and Magnesia. It has operations in Australia, New Zealand, Asia, Europe, and the United States of America. The company generates the majority of its revenue from Magnesia.
68GF Score

Get the complete analysis for ASX:CXL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.42
Price
A$1.47
GF Value