CALX vs CSCO vs RCI Stock Comparison

Calix, Cisco Systems and Rogers Communications Prices as of Oct 28, 2026 Peers: Industry group
CALX Calix, Inc
$38.13 +14.9% 1M -38.3% 1Y
Market cap
$2.41B
P/E
47.0x
Revenue (TTM)
$1.11B
Div. yield
–
Networking Equipment Technology
2 wins
CSCO Cisco Systems, Inc.
$110.29 +3.3% 1M +51.9% 1Y
Market cap
$431.19B
P/E
32.5x
Revenue (TTM)
$63.33B
Div. yield
–
Networking Equipment Technology
6 wins
RCI Rogers Communications Inc
$31.31 -0.4% 1M -21.7% 1Y
Market cap
$16.99B
P/E
25.3x
Revenue (TTM)
$16.37B
Div. yield
–
Wireless Carriers Communication Services
3 wins

Head to Head

11 decided of 12

Cisco Systems leads on 6 of the 12 questions below (Cisco Systems 6, Rogers Communications 3, Calix 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCALXCSCORCILeader
Larger companyMarket capitalisation $2.41B $431.19B $16.99B CSCO
Cheaper on earningsLower P/E, profitable companies only 47.0x 32.5x 25.3x RCI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.5x 23.3x 9.0x RCI
Faster revenue growthRevenue growth, trailing twelve months +27.8% +11.8% +8.8% CALX
More profitableNet margin, trailing twelve months 4.6% 21.0% 4.1% CSCO
Better return on capitalReturn on invested capital — 15.9% 9.6% CSCO
Less leveragedLower net debt / EBITDA — 0.8x 2.7x CSCO
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -38.3% +51.9% -21.7% CSCO
Better 5-year returnAnnualised price return, 5 years -9.4%/yr +14.5%/yr -7.6%/yr CSCO
Less volatileAnnualised volatility, 1 year 41.6% 35.5% 29.1% RCI
Higher overall scoreMean of the five percentile scores vs peers 76/100 55/100 59/100 CALX

Percentile Scorecard

CALXCSCORCI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCALXCSCORCI
Valuation 59 #46 of 111 33 #75 of 111 85 #8 of 49
Growth 82 #20 of 108 40 #65 of 108 46 #25 of 45
Profitability 64 #38 of 104 88 #13 of 104 71 #14 of 45
Financial Health 75 #29 of 115 31 #80 of 115 35 #32 of 49
Shareholder Returns 97 #3 of 78 82 #15 of 78 58 #16 of 37
Overall 76 55 59
  • CALX ranked among 121 companies in Computer Hardware
  • CSCO ranked among 121 companies in Computer Hardware
  • RCI ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCALXCSCORCISPY
1 month +14.9%+3.3%-0.4% +0.9%
3 months +7.2%-1.9%-10.1% +5.9%
6 months -8.5%+23.1%-13.7% +8.5%
Year to date -28.0%+43.2%-17.0% +13.3%
1 year -38.3%+51.9%-21.7% +12.4%
3 years +16.6%+113.9%-14.8% +88.1%
3 years, per year +5.2%+28.9%-5.2% +23.5%
5 years -39.1%+97.1%-32.8% +68.2%
5 years, per year -9.4%+14.5%-7.6% +11.0%
10 years +495.8%+260.5%-21.9% +263.4%
10 years, per year +19.5%+13.7%-2.4% +13.8%

Risk

MeasureCALXCSCORCISPY
Volatility, 1Y 41.6%35.5%29.1% 12.7%
Downside volatility, 1Y 43.8%37.1%27.9% 12.7%
Beta vs S&P 500, 1Y 0.881.100.14 1.00
Return / volatility, 1Y -0.921.46-0.75 0.98
Max drawdown, 5Y -65.3%-38.6%-61.3% -25.4%
From 52-week high -44.3%-15.2%-23.6% -0.9%
52-week high $68.42$130.00$40.97 $779.14
52-week low $33.15$71.04$29.79 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCALXCSCORCI
P/E now vs peer median 47.3xmedian 33.5x 32.9xmedian 33.5x 25.2xmedian 11.6x
P/S now vs peer median 2.2xmedian 2.8x 6.9xmedian 2.8x 1.0xmedian 1.1x
EV/EBITDA now vs peer median 27.9xmedian 19.6x 25.1xmedian 19.6x 4.3xmedian 6.8x
P/FCF now vs peer median 28.1xmedian 29.8x 34.1xmedian 29.8x 2.5xmedian 6.3x
P/B now vs peer median 3.4xmedian 2.9x 8.7xmedian 2.9x 1.5xmedian 1.2x
PEG now vs peer median 6.69median 1.10 12.20median 1.10 -4.11median 0.24

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCALXCSCORCI
Revenue $1.11B $63.33B $16.37B
Gross profit $628.73M $40.86B $7.23B
Operating income $61.25M $15.37B $6.95B
Net income $51.19M $13.27B $733.46M
Free cash flow $85.42M $12.77B $6.69B
R&D $207.99M $9.56B –
EPS (diluted) $0.78 $3.33 $1.24
Cash & equivalents $68.91M $7.22B $2.22B
Total debt – $29.53B $120.01B
Shares (diluted) 65.51M 3.99B 541.00M
Enterprise value $1.24B $367.12B $11.58B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCALXCSCORCI
P/E 47.3x 32.9x 25.2x
P/FCF 28.1x 34.1x 2.5x
P/Operating cash flow 21.9x 30.7x 3.7x
P/S 2.2x 6.9x 1.0x
P/B 3.4x 8.7x 1.5x
P/Tangible book 3.4x 10.2x -1.8x
EV/EBITDA 27.9x 25.1x 4.3x
EV/EBIT 36.0x 29.2x 6.5x
EV/Revenue 2.0x 7.1x 2.8x
EV/FCF 25.8x 35.2x 6.7x
EV/Operating cash flow 20.1x 31.7x 9.9x
PEG (3Y EPS CAGR) 6.69 12.20 -4.11

Growth

14 metrics
MetricCALXCSCORCI
Revenue growth (1Y) 27.8% 11.8% 8.8%
Revenue CAGR (3Y) 3.9% 3.6% 6.7%
Gross profit growth (1Y) 30.3% 11.1% 4.5%
Gross profit CAGR (3Y) 7.4% 4.6% 7.1%
Operating income growth (1Y) 273.3% 30.7% 5.9%
Operating income CAGR (3Y) 3.8% 0.7% 7.2%
Net income growth (1Y) 290.5% 30.3% -85.0%
Net income CAGR (3Y) 4.9% 1.7% -1.2%
EPS growth (1Y) 287.6% 30.7% -86.3%
EPS CAGR (3Y) 7.1% 2.7% -6.1%
Operating cash flow growth (1Y) 24.5% -0.1% 14.8%
Operating cash flow CAGR (3Y) 41.8% -10.7% 7.1%
Free cash flow growth (1Y) 19.4% -3.9% 0.3%
Free cash flow CAGR (3Y) 62.0% -12.5% 1.0%

Profitability

14 metrics
MetricCALXCSCORCI
Gross margin 56.6% 64.5% 44.2%
EBITDA margin 7.1% 28.3% 63.8%
Operating margin 5.5% 24.3% 42.4%
Pretax margin 6.5% 25.3% 7.8%
Net margin 4.6% 21.0% 4.1%
FCF margin 7.7% 20.2% 40.9%
Operating cash flow margin 9.9% 22.4% 27.8%
Return on equity 7.1% 26.8% 6.3%
Return on assets 5.4% 10.4% 1.1%
Return on invested capital – 15.9% 9.6%
Return on capital employed 8.2% 17.9% 13.3%
Asset turnover 1.2x 0.5x 0.3x
Cash conversion (OCF / net income) 2.1x 1.1x 6.2x
Stock comp / revenue 7.2% 6.0% –

Financial Health

11 metrics
MetricCALXCSCORCI
Debt / assets – 22.8% 46.7%
Debt / equity – 0.6x 2.6x
Net debt / EBITDA – 0.8x 2.7x
Debt / FCF – 2.3x 4.5x
Liabilities / assets 25.6% 61.2% 82.1%
Equity / assets 74.4% 38.8% 17.9%
Interest coverage – 10.5x 4.4x
Current ratio 2.8x 0.9x 0.7x
Quick ratio 1.6x 0.6x 0.5x
Cash ratio 0.9x 0.4x 0.2x
Altman Z-score 7.25 4.16 –

Shareholder Returns

7 metrics
MetricCALXCSCORCI
Dividend yield – 1.5% 6.4%
Net buyback yield 8.0% 1.3% –
Shareholder yield 8.0% 2.8% 6.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCALXCSCORCI
Forward P/E 23.5xFY2026 23.3xFY2027 9.0xFY2026
EPS, next fiscal year $1.62FY2026 $4.74FY2027 $3.46FY2026
EPS growth, next FY +20.9%FY2026 +9.5%FY2027 -5.5%FY2026
EPS growth, the year after +48.1% +20.7% 0.0%
Revenue, next fiscal year $1.11BFY2026 $74.93BFY2027 $15.02BFY2026
Revenue growth, next FY +11.0%FY2026 +18.3%FY2027 -5.0%FY2026
Revenue growth, the year after +18.8% +0.6% +1.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCALXCSCORCI
Held by institutions 94.5% 80.1% –
Institutions holding 288 4,046 –
Change in shares held, QoQ +0.5% +5.0% –
Institutions buying 148 1,847 –
Institutions selling 111 1,817 –
Buyers to sellers 1.33 1.02 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CALXCSCORCI
CALX 1.00 0.22 -0.18
CSCO 0.22 1.00 -0.12
RCI -0.18 -0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CALX, CSCO and RCI?

Cisco Systems (CSCO) is the largest by market capitalisation: Calix (CALX) $2.41B, Cisco Systems (CSCO) $431.19B, Rogers Communications (RCI) $16.99B.

Which stock is cheaper, CALX, CSCO and RCI?

Rogers Communications (RCI) trades on the lowest price-to-earnings ratio (Calix (CALX) 47.0x, Cisco Systems (CSCO) 32.5x, Rogers Communications (RCI) 25.3x). On next year's consensus earnings, Rogers Communications (RCI) is cheapest (Calix (CALX) 23.5x, Cisco Systems (CSCO) 23.3x, Rogers Communications (RCI) 9.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Calix (CALX) grew revenue fastest over the trailing twelve months: Calix (CALX) +27.8%, Cisco Systems (CSCO) +11.8%, Rogers Communications (RCI) +8.8%.

Which company is more profitable?

Cisco Systems (CSCO) has the highest net margin (Calix (CALX) 4.6%, Cisco Systems (CSCO) 21.0%, Rogers Communications (RCI) 4.1%). On return on invested capital, Cisco Systems (CSCO) leads (Cisco Systems (CSCO) 15.9%, Rogers Communications (RCI) 9.6%).

Which stock has performed better?

Over the past year Cisco Systems (CSCO) returned the most: Calix (CALX) -38.3%, Cisco Systems (CSCO) +51.9%, Rogers Communications (RCI) -21.7%. Over five years, Cisco Systems (CSCO) compounded fastest (Calix (CALX) -9.4%/yr, Cisco Systems (CSCO) +14.5%/yr, Rogers Communications (RCI) -7.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Rogers Communications (RCI) has been the steadiest (Calix (CALX) 41.6%, Cisco Systems (CSCO) 35.5%, Rogers Communications (RCI) 29.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CALX, CSCO and RCI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cisco Systems (CSCO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.