CALIX LIMITED (CXL)
Share Price Analysis and Chart

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CXL - CALIX LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.09
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.80

21 Nov
2024

-0.005

OPEN

$0.81

-0.62%

HIGH

$0.83

175,788

LOW

$0.80

TARGET
$1.775 121.9% upside
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BSA . CG1 . CLG . CVL . CWY . DOW . DUR . EGN . EVS . FLC . IPG . LBL . MAD . PPK . RWL . SDV . SHA . SND . SSM . VEE . VNT .
FNARENA'S MARKET CONSENSUS FORECASTS
CXL: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 13.9 - 15.1 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-13.9
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx24.2 M
Book Value Per Share xxxxxxxxxxxxxxx46.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-13.7 M
Net Profit Margin xxxxxxxxxxxxxxx-104.44 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-26.94 %
Return on Invested Capital xxxxxxxxxxxxxxx-26.61 %
Return on Assets xxxxxxxxxxxxxxx-21.06 %
Return on Equity xxxxxxxxxxxxxxx-26.94 %
Return on Total Capital xxxxxxxxxxxxxxx-45.43 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-28.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx3 M
Goodwill - Gross xxxxxxxxxxxxxxx4 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx43 M
Price To Book Value xxxxxxxxxxxxxxx3.08

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx19.4 M
Capex % of Sales xxxxxxxxxxxxxxx80.39 %
Cost of Goods Sold xxxxxxxxxxxxxxx26 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx42 M
Research & Development xxxxxxxxxxxxxxx21 M
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

31/10/2024

1

Speculative Buy

$1.55

93.75%

While management at Calix has announced a pause in construction of the lithium demonstration plant, Bell Potter expects the joint venture with Pilbara Minerals ((PLS)) will continue progressing other commercial avenues.

Construction works not currently under contract for the plant will be deferred due to weak lithium market conditions, explain the analysts. Both companies in the joint venture will work with government bodies to secure further funding options.

Speculative Buy rating unchanged. Target price falls to $1.55 from $1.90.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -16.20 cents.
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -13.90 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

01/11/2024

1

Buy

$2.40

200.00%

Calix has paused its lithium mid-stream demonstration project with Pilbara Minerals ((PLS)) due to challenging lithium market conditions, although 60% of the plant construction is complete.

Canaccord Genuity notes revenues from this project are now expected to start in FY27 rather than FY26.

The broker lowers FY26 revenues to $42m, with EBITDA at a loss of -$58m, down from a loss of -$2.5m previously.

No change to Buy rating and $2.40 target price.
Access Extra Coverage Research History >

CXL STOCK CHART

FNArena News on CXL

1
Australian Broker Call *Extra* Edition – Nov 04, 2024

Nov 04 2024 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Sep 04, 2024

Sep 04 2024 - Daily Market Reports
3
FNArena Corporate Results Monitor – 29-08-2024

Aug 29 2024 - Australia
4
ESG Focus: The Little Big Things – 06-08-2024

Aug 07 2024 - ESG Focus
5
Australian Broker Call *Extra* Edition – Aug 01, 2024

Aug 01 2024 - Daily Market Reports

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