WallStSmart

Calix Inc (CALX)vsSonos Inc (SONO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sonos Inc generates 36% more annual revenue ($1.44B vs $1.06B). CALX leads profitability with a 3.2% profit margin vs -1.2%. SONO earns a higher WallStSmart Score of 42/100 (D).

CALX

Hold

39

out of 100

Grade: F

Growth: 4.7Profit: 4.0Value: 2.7Quality: 7.8
Piotroski: 4/9Altman Z: 3.74

SONO

Hold

42

out of 100

Grade: D

Growth: 4.7Profit: 4.0Value: 6.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CALXOvervalued (-6.9%)

Margin of Safety

-6.9%

Fair Value

$49.29

Current Price

$41.68

$7.61 premium

UndervaluedFair: $49.29Overvalued
SONOUndervalued (+42.1%)

Margin of Safety

+42.1%

Fair Value

$28.49

Current Price

$14.67

$13.82 discount

UndervaluedFair: $28.49Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CALX2 strengths · Avg: 9.0/10
Altman Z-ScoreHealth
3.7410/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
27.1%8/10

Revenue surging 27.1% year-over-year

SONO1 strengths · Avg: 10.0/10
EPS GrowthGrowth
87.5%10/10

Earnings expanding 87.5% YoY

Areas to Watch

CALX4 concerns · Avg: 2.8/10
Return on EquityProfitability
4.5%3/10

ROE of 4.5% — below average capital efficiency

Profit MarginProfitability
3.2%3/10

3.2% margin — thin

Operating MarginProfitability
4.5%3/10

Operating margin of 4.5%

PEG RatioValuation
3.342/10

Expensive relative to growth rate

SONO4 concerns · Avg: 2.0/10
Market CapQuality
$1.77B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-3.9%2/10

ROE of -3.9% — below average capital efficiency

Revenue GrowthGrowth
-0.9%2/10

Revenue declined 0.9%

Profit MarginProfitability
-1.2%1/10

Currently unprofitable

Comparative Analysis Report

WallStSmart Research

Bull Case : CALX

The strongest argument for CALX centers on Altman Z-Score, Revenue Growth. Revenue growth of 27.1% demonstrates continued momentum.

Bull Case : SONO

The strongest argument for SONO centers on EPS Growth.

Bear Case : CALX

The primary concerns for CALX are Return on Equity, Profit Margin, Operating Margin. A P/E of 85.1x leaves little room for execution misses. Thin 3.2% margins leave little buffer for downturns.

Bear Case : SONO

The primary concerns for SONO are Market Cap, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

CALX profiles as a growth stock while SONO is a turnaround play — different risk/reward profiles.

SONO carries more volatility with a beta of 2.00 — expect wider price swings.

CALX is growing revenue faster at 27.1% — sustainability is the question.

SONO generates stronger free cash flow (157M), providing more financial flexibility.

Bottom Line

SONO scores higher overall (42/100 vs 39/100). Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Calix Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Calix, Inc. provides cloud and software platforms and systems and services in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company is headquartered in San Jose, California.

Sonos Inc

TECHNOLOGY · CONSUMER ELECTRONICS · USA

Sonos, Inc. designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company is headquartered in Santa Barbara, California.

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