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CXL

CalixASX:CXL Stock Report

Market Cap

AU$1.1b

7D

-14.5%

1Y

466.4%

Updated

29 Nov, 2021

Data

Company Financials +
CXL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

CXL Stock Overview

Calix Limited provides industrial solutions to address global sustainability challenges in Australia, the United States, South East Asia, and Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Calix
Historical stock prices
Current Share PriceAU$6.23
52 Week HighAU$8.30
52 Week LowAU$0.96
Beta0.66
1 Month Change20.50%
3 Month Change60.57%
1 Year Change466.36%
3 Year Change709.09%
5 Year Changen/a
Change since IPO888.89%

Recent News & Updates

Jul 08
Calculating The Intrinsic Value Of Calix Limited (ASX:CXL)

Calculating The Intrinsic Value Of Calix Limited (ASX:CXL)

Does the July share price for Calix Limited ( ASX:CXL ) reflect what it's really worth? Today, we will estimate the...

Shareholder Returns

CXLAU ChemicalsAU Market
7D-14.5%-5.5%-1.6%
1Y466.4%7.1%11.8%

Return vs Industry: CXL exceeded the Australian Chemicals industry which returned 7.1% over the past year.

Return vs Market: CXL exceeded the Australian Market which returned 11.8% over the past year.

Price Volatility

Is CXL's price volatile compared to industry and market?
CXL volatility
CXL Average Weekly Movement15.2%
Chemicals Industry Average Movement9.0%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.7%

Stable Share Price: CXL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: CXL's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2005n/aPhil Hodgsonhttps://www.calix.global

Calix Limited provides industrial solutions to address global sustainability challenges in Australia, the United States, South East Asia, and Europe. The company offers ACTI-Mag, a solution for phosphate removal, pH and boost alkalinity stabilization, biogas management, caustic soda replacement, odor control, and biochemical oxygen demand/chemical oxygen demand reduction, as well as for control fats, oils, and greases in wastewater. It also provides chemical dosing units, a solution for sewer asset corrosion prevention; AQUA-Cal+, a solution for lake and pond water remediation, and aquaculture farming; and BOOSTER-Mag, an agricultural solution for increased yield, fertilizer usage, insect/pest management, and fungal control.

Calix Fundamentals Summary

How do Calix's earnings and revenue compare to its market cap?
CXL fundamental statistics
Market CapAU$1.06b
Earnings (TTM)-AU$9.11m
Revenue (TTM)AU$19.21m

52.2x

P/S Ratio

-110.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CXL income statement (TTM)
RevenueAU$19.21m
Cost of RevenueAU$14.16m
Gross ProfitAU$5.05m
ExpensesAU$14.15m
Earnings-AU$9.11m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.057
Gross Margin26.27%
Net Profit Margin-47.41%
Debt/Equity Ratio1.2%

How did CXL perform over the long term?

See historical performance and comparison

Valuation

Is Calix undervalued compared to its fair value and its price relative to the market?

26.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CXL (A$6.23) is trading above our estimate of fair value (A$2.26)

Significantly Below Fair Value: CXL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CXL is unprofitable, so we can't compare its PE Ratio to the Australian Chemicals industry average.

PE vs Market: CXL is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CXL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CXL is overvalued based on its PB Ratio (26.3x) compared to the AU Chemicals industry average (3.5x).


Future Growth

How is Calix forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

17.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CXL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CXL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CXL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CXL's revenue (27.6% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: CXL's revenue (27.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CXL is forecast to be unprofitable in 3 years.


Past Performance

How has Calix performed over the past 5 years?

-26.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CXL is currently unprofitable.

Growing Profit Margin: CXL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CXL is unprofitable, and losses have increased over the past 5 years at a rate of 26.5% per year.

Accelerating Growth: Unable to compare CXL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CXL is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-51.9%).


Return on Equity

High ROE: CXL has a negative Return on Equity (-23.87%), as it is currently unprofitable.


Financial Health

How is Calix's financial position?


Financial Position Analysis

Short Term Liabilities: CXL's short term assets (A$27.0M) exceed its short term liabilities (A$11.7M).

Long Term Liabilities: CXL's short term assets (A$27.0M) exceed its long term liabilities (A$1.8M).


Debt to Equity History and Analysis

Debt Level: CXL has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CXL's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CXL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CXL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Calix current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CXL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CXL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CXL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CXL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CXL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Phil Hodgson

8.83yrs

Tenure

AU$640,233

Compensation

Dr. Philip Hargraves Hodgson also known as Phil, BE, PhD has been Chief Executive Officer of Calix Limited since 2013 and serves as its Managing Director. He has been Director of Calix Limited since Februa...


CEO Compensation Analysis

Compensation vs Market: Phil's total compensation ($USD455.71K) is below average for companies of similar size in the Australian market ($USD965.91K).

Compensation vs Earnings: Phil's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: CXL's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: CXL's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CXL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.4%.


Top Shareholders

Company Information

Calix Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Calix Limited
  • Ticker: CXL
  • Exchange: ASX
  • Founded: 2005
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: AU$1.063b
  • Shares outstanding: 161.03m
  • Website: https://www.calix.global

Location

  • Calix Limited
  • 9-11 Bridge Street
  • Level 1
  • Sydney
  • New South Wales
  • 2073
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 07:03
End of Day Share Price2021/11/29 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.