Published on 7 Nov 2023 on Simply Wall St. via Yahoo Finance
An Intrinsic Calculation For Calix, Inc. (NYSE:CALX) Suggests It's 22% Undervalued
Key Insights
The projected fair value for Calix is US$45.70 based on 2 Stage Free Cash Flow to EquityCurrent share price of US$35.59 suggests Calix is potentially 22% undervalued The US$54.75 analyst price target for CALX is 20% more than our estimate of fair value
Does the November share price for Calix, Inc. (NYSE:CALX) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.