CalixCALX +1.66%79 EV-to-FCF is 21.51 as of Jul. 13, 2026, which is 46% below its 10-year median of 40.20. GuruFocus rates CALX with a GF Score™ of 79/100 and a GF Value™ of $48.44 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,596 Software companies, Calix ranks worse than 64.16% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Calix's Enterprise Value is $2,348 Mil.
Calix's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $109 Mil. Therefore, Calix's EV-to-FCF for today is 21.51.
The historical rank and industry rank for Calix's EV-to-FCF or its related term are showing as below:
CALX'
s EV-to-FCF Range Over the Past 10 Years
Min: -16065.24 Med: 40.2 Max: 359.32
Current: 21.51
During the past 13 years, the highest EV-to-FCF of Calix was 359.32. The lowest was -16065.24. And the median was 40.20.
CALX's EV-to-FCF is ranked worse than 64.16% of 1596
companies
in the Software industry
Industry Median: 14.73
vs CALX: 21.51
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-13), Calix's stock price is $40.39.
Calix's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.480. Therefore, Calix's PE Ratio (TTM) for today is 84.15.
Calix (NYSE:CALX) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Calix's share price for today is $40.39.
Calix's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.480.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Calix EV-to-FCF Related Terms
Calix EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Calix's EV-to-FCF 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.
For the Software - Infrastructure subindustry, Calix's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Software Industry
For the Software industry and Technology sector, Calix's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Calix's EV-to-FCF falls into.
Calix's current Enterprise Value is $2,348 Mil.
Calix's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $109 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.
Calix (CALX) has a EV-to-FCF of 21.51 as of Jul. 13, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Calix and its competitors. This is 46% below median its historical median of 40.20. According to the industry distribution chart, Calix ranks #1024 out of 1596 companies in the Software industry, placing it in the top 64.2%.
Is Calix's EV-to-FCF too high?
Calix's current EV-to-FCF of 21.51 is 46% below median its 10-year median of 40.20. The Software industry median EV-to-FCF is 14.73. Calix's value of 21.51 is 46% above this industry median. Based on the distribution chart, Calix ranks #1024 out of 1596 companies in the Software industry, which is below the industry midpoint. Overall, Calix has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calix's EV-to-FCF compare to RAMP and AVPT?
According to the Software industry distribution chart, Calix ranks #1024 out of 1596 companies for EV-to-FCF. This places Calix in the lower half of its industry. The industry median EV-to-FCF is 14.73. Calix's value of 21.51 is 46% above this benchmark. While the company's 10-year median is 40.20 vs. the industry median of 14.73, Calix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Software company?
The median EV-to-FCF among Software companies is 14.73, based on 1,596 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calix's current EV-to-FCF of 21.51 is 46% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Calix and its competitors. For the Software industry, the median EV-to-FCF is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calix's current EV-to-FCF is 21.51, which is 46% below median its own 10-year median of 40.20. 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 (CALX) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.44, compared to a current price of $40.39 — trading 16.6% below its estimated fair value. The current EV-to-FCF is 21.51, which is 46% below median its 10-year median of 40.20 and 46% above the Software industry median of 14.73. Calix's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Calix (CALX), the current EV-to-FCF is 21.51 as of Jul. 13, 2026. 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 (CALX) Overvalued in 2026?
Based on GuruFocus' analysis, Calix stock appears to be undervalued.
The current stock price of $40.39 is trading 16.6% below its estimated GF Value™ of $48.44.
GuruFocus considers Calix to be Modestly Undervalued.
Key valuation signals for CALX:
EV-to-FCF: 21.51 (46% below median its 10-year median of 40.20)
GF Value™: $48.44 vs. price of $40.39 (16.6% below fair value)
Industry Position: 46% above the Software median (#1024 of 1596)
No single metric tells the full story. See the CALX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calix Inc develops, markets and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to innovate and transform their businesses. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Europe, Americas excluding U.S., and Rest of World.
79GF Score
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