CALX vs EXTR vs VSNT Stock Comparison

Calix, Extreme Networks and Versant Media Prices as of Nov 5, 2026 Peers: Industry group
1 more company in this comparison (ATEN) Create a free account to keep reading and compare up to 10 companies.
CALX Calix, Inc
$31.86 -9.6% 1M -52.6% 1Y
Market cap
$1.97B
P/E
43.7x
Revenue (TTM)
$1.15B
Div. yield
–
Networking Equipment Technology
1 win
EXTR Extreme Networks Inc
$21.05 -14.2% 1M +19.3% 1Y
Market cap
$2.78B
P/E
52.7x
Revenue (TTM)
$1.31B
Div. yield
–
Networking Equipment Technology
4 wins
VSNT Versant Media Group, Inc.
$34.00 +8.0% 1M
Market cap
$4.65B
P/E
6.5x
Revenue (TTM)
$6.54B
Div. yield
3.35%
Television Broadcasting Communication Services
6 wins

Head to Head

11 decided of 12

Versant Media leads on 6 of the 12 questions below (Versant Media 6, Extreme Networks 4, Calix 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCALXEXTRVSNTLeader
Larger companyMarket capitalisation $1.97B $2.78B $4.65B VSNT
Cheaper on earningsLower P/E, profitable companies only 43.7x 52.7x 6.5x VSNT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.1x 14.5x 7.9x VSNT
Faster revenue growthRevenue growth, trailing twelve months +22.9% +11.3% — CALX
More profitableNet margin, trailing twelve months 4.0% 4.0% 11.1% VSNT
Better return on capitalReturn on invested capital — 23.5% 7.4% EXTR
Less leveragedLower net debt / EBITDA — -0.4x 0.9x EXTR
Higher dividend yieldTrailing dividend yield — — 3.35% –
Better 1-year returnPrice return, last 12 months -52.6% +19.3% — EXTR
Better 5-year returnAnnualised price return, 5 years -14.9%/yr +12.8%/yr — EXTR
Less volatileAnnualised volatility, 1 year 41.8% 53.5% 41.2% VSNT
Higher overall scoreMean of the five percentile scores vs peers 71/100 56/100 90/100 VSNT

Percentile Scorecard

CALXEXTRVSNT

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

AxisCALXEXTRVSNT
Valuation 50 #57 of 112 46 #61 of 112 98 #2 of 53
Growth 69 #34 of 108 45 #60 of 108 –
Profitability 59 #43 of 104 76 #26 of 104 95 #3 of 43
Financial Health 75 #30 of 116 23 #90 of 116 80 #13 of 61
Shareholder Returns 100 #1 of 83 89 #10 of 83 86 #5 of 29
Overall 71 56 90
  • CALX ranked among 121 companies in Computer Hardware
  • EXTR ranked among 121 companies in Computer Hardware
  • VSNT ranked among 62 companies in Advertising and Media

Price Performance

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

Returns

PeriodCALXEXTRVSNTSPY
1 month -9.6%-14.2%+8.0% -5.9%
3 months -14.9%-13.4%-11.0% -4.6%
6 months -26.8%-10.5%-16.6% +0.2%
Year to date -39.8%+26.4%-24.4% +7.5%
1 year -52.6%+19.3%— +8.2%
3 years -10.5%+23.9%— +68.3%
3 years, per year -3.6%+7.4%— +19.0%
5 years -55.2%+82.9%— +56.5%
5 years, per year -14.9%+12.8%— +9.4%
10 years +382.7%+388.4%— +251.5%
10 years, per year +17.1%+17.2%— +13.4%

Risk

MeasureCALXEXTRVSNTSPY
Volatility, 1Y 41.8%53.5%41.2% 13.6%
Downside volatility, 1Y 45.9%52.5%46.5% 14.2%
Beta vs S&P 500, 1Y 0.991.600.36 1.00
Return / volatility, 1Y -1.260.36— 0.60
Max drawdown, 5Y -65.3%-67.2%-42.2% -25.4%
From 52-week high -52.6%-37.6%-28.3% -5.9%
52-week high $67.18$33.71$47.45 $779.14
52-week low $31.86$13.74$27.42 $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.

MultipleCALXEXTRVSNT
P/E now vs peer median 43.7xmedian 25.2x 52.7xmedian 25.2x 6.5xmedian 14.0x
P/S now vs peer median 1.7xmedian 2.4x 2.1xmedian 2.4x 0.7xmedian 0.5x
EV/EBITDA now vs peer median 23.2xmedian 16.2x 27.3xmedian 16.2x 3.0xmedian 9.6x
P/FCF now vs peer median 31.7xmedian 23.4x 18.0xmedian 23.4x 2.8xmedian 8.0x
P/B now vs peer median 2.8xmedian 2.3x 31.6xmedian 2.3x 0.6xmedian 1.6x
PEG now vs peer median 41.08median 0.98 -2.94median 0.98 —median 0.40

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 monthsCALXEXTRVSNT
Revenue $1.15B $1.31B $6.54B
Gross profit $637.49M $813.05M $3.66B
Operating income $60.39M $74.49M $1.12B
Net income $45.75M $52.49M $726.00M
Free cash flow $62.16M $154.76M $1.64B
R&D $215.00M $233.95M –
EPS (diluted) $0.71 $0.39 $5.23
Cash & equivalents $55.89M $244.52M $1.05B
Total debt – $200.00M $2.93B
Shares (diluted) 64.45M 134.68M 138.54M
Enterprise value $988.59M $1.90B $978.28M

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
MetricCALXEXTRVSNT
P/E 43.7x 52.7x 6.5x
P/FCF 31.7x 18.0x 2.8x
P/Operating cash flow 23.6x 15.2x 2.6x
P/S 1.7x 2.1x 0.7x
P/B 2.8x 31.6x 0.6x
P/Tangible book 2.8x 32.6x 0.6x
EV/EBITDA 23.2x 27.3x 3.0x
EV/EBIT 30.0x 36.8x 5.8x
EV/Revenue 1.6x 2.1x 1.0x
EV/FCF 29.2x 17.7x 4.0x
EV/Operating cash flow 21.7x 15.0x 3.6x
PEG (3Y EPS CAGR) 41.08 -2.94 –

Growth

14 metrics
MetricCALXEXTRVSNT
Revenue growth (1Y) 22.9% 11.3% –
Revenue CAGR (3Y) 4.0% -1.3% –
Gross profit growth (1Y) 21.6% 11.7% –
Gross profit CAGR (3Y) 6.4% 0.5% –
Operating income growth (1Y) 958.5% 126.0% –
Operating income CAGR (3Y) 6.0% -16.3% –
Net income growth (1Y) 730.9% 506.9% –
Net income CAGR (3Y) -1.5% -17.7% –
EPS growth (1Y) 783.2% 508.7% –
EPS CAGR (3Y) 1.1% -18.0% –
Operating cash flow growth (1Y) -19.9% 52.9% –
Operating cash flow CAGR (3Y) 20.7% -12.8% –
Free cash flow growth (1Y) -27.3% 63.2% –
Free cash flow CAGR (3Y) 29.3% -15.9% –

Profitability

14 metrics
MetricCALXEXTRVSNT
Gross margin 55.6% 61.9% 56.0%
EBITDA margin 6.8% 7.6% 32.9%
Operating margin 5.3% 5.7% 17.1%
Pretax margin 6.1% 4.7% 15.0%
Net margin 4.0% 4.0% 11.1%
FCF margin 5.4% 11.8% 25.1%
Operating cash flow margin 7.3% 13.9% 27.4%
Return on equity 6.5% 59.4% 8.9%
Return on assets 4.9% 4.2% 5.7%
Return on invested capital – 23.5% 7.4%
Return on capital employed 8.0% 12.8% 9.7%
Asset turnover 1.2x 1.1x 0.5x
Cash conversion (OCF / net income) 1.8x 3.5x 2.5x
Stock comp / revenue 7.0% 6.7% 0.9%

Financial Health

11 metrics
MetricCALXEXTRVSNT
Debt / assets – 15.4% 23.1%
Debt / equity – 2.3x 0.4x
Net debt / EBITDA – -0.4x 0.9x
Debt / FCF – 1.3x 1.8x
Liabilities / assets 24.1% 93.2% 35.6%
Equity / assets 75.9% 6.8% 64.4%
Interest coverage – 4.9x 6.6x
Current ratio 3.0x 1.0x 2.1x
Quick ratio 1.5x 0.6x 1.9x
Cash ratio 0.8x 0.4x 0.9x
Altman Z-score 6.80 1.63 1.59

Shareholder Returns

7 metrics
MetricCALXEXTRVSNT
Dividend yield – – 3.4%
Net buyback yield 12.6% 3.6% 6.5%
Shareholder yield 12.6% 3.6% 9.8%
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.

ConsensusCALXEXTRVSNT
Forward P/E 19.1xFY2026 14.5xFY2027 7.9xFY2026
EPS, next fiscal year $1.67FY2026 $1.45FY2027 $4.31FY2026
EPS growth, next FY +24.6%FY2026 +36.8%FY2027 -24.3%FY2026
EPS growth, the year after +56.3% +0.7% +81.9%
Revenue, next fiscal year $1.11BFY2026 $1.36BFY2027 $6.67BFY2026
Revenue growth, next FY +11.0%FY2026 +6.0%FY2027 -0.3%FY2026
Revenue growth, the year after +19.6% +22.0% -3.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCALXEXTRVSNT
Held by institutions 94.5% 96.7% 88.0%
Institutions holding 290 339 795
Change in shares held, QoQ +0.5% +1.2% +4.0%
Institutions buying 148 182 302
Institutions selling 111 121 313
Buyers to sellers 1.33 1.50 0.96

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.

CALXEXTRVSNT
CALX 1.00 0.31 0.04
EXTR 0.31 1.00 0.06
VSNT 0.04 0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CALX, EXTR and VSNT?

Versant Media (VSNT) is the largest by market capitalisation: Calix (CALX) $1.97B, Extreme Networks (EXTR) $2.78B, Versant Media (VSNT) $4.65B.

Which stock is cheaper, CALX, EXTR and VSNT?

Versant Media (VSNT) trades on the lowest price-to-earnings ratio (Calix (CALX) 43.7x, Extreme Networks (EXTR) 52.7x, Versant Media (VSNT) 6.5x). On next year's consensus earnings, Versant Media (VSNT) is cheapest (Calix (CALX) 19.1x, Extreme Networks (EXTR) 14.5x, Versant Media (VSNT) 7.9x). 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) +22.9%, Extreme Networks (EXTR) +11.3%.

Which company is more profitable?

Versant Media (VSNT) has the highest net margin (Calix (CALX) 4.0%, Extreme Networks (EXTR) 4.0%, Versant Media (VSNT) 11.1%). On return on invested capital, Extreme Networks (EXTR) leads (Extreme Networks (EXTR) 23.5%, Versant Media (VSNT) 7.4%).

Which stock has performed better?

Over the past year Extreme Networks (EXTR) returned the most: Calix (CALX) -52.6%, Extreme Networks (EXTR) +19.3%. Over five years, Extreme Networks (EXTR) compounded fastest (Calix (CALX) -14.9%/yr, Extreme Networks (EXTR) +12.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Versant Media (VSNT) 3.35%. Calix (CALX) and Extreme Networks (EXTR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Versant Media (VSNT) has been the steadiest (Calix (CALX) 41.8%, Extreme Networks (EXTR) 53.5%, Versant Media (VSNT) 41.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CALX, EXTR and VSNT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Versant Media (VSNT) 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.