Calnex Solutions (GB:CLX)
LSE:CLX
Want to see GB:CLX full AI Analyst Report?
Top Page
Calnex Solutions
(LSE:CLX)
Select Model
Select Model
Rating:58Neutral
Price Target:
56.00 p
▲(1.82% Upside)
Action:ReiteratedDate:12/07/25
Calnex Solutions' overall stock score reflects a mix of solid financial stability and strategic growth initiatives, offset by weak technical indicators and high valuation. The company's strong balance sheet and recent strategic partnerships are significant positives, but the current bearish technical signals and high P/E ratio suggest caution.
Positive Factors
High gross margin
A 74.86% gross margin indicates durable product-level pricing power and efficient production for Calnex’s test equipment. Sustained high gross margins support reinvestment in R&D, fund product development, and provide buffer against input cost inflation over the next 2–6 months.
Negative Factors
Low net profit margin
Despite high gross margins, a 1.83% net margin implies significant operating, R&D or SG&A drag that limits sustainable profitability. Persistently low net margins constrain retained earnings accumulation and make earnings sensitive to small revenue or cost swings.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin
A 74.86% gross margin indicates durable product-level pricing power and efficient production for Calnex’s test equipment. Sustained high gross margins support reinvestment in R&D, fund product development, and provide buffer against input cost inflation over the next 2–6 months.
Read all positive factors
Calnex Solutions (CLX) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£46.64M
Dividend Yield2.02%
Average Volume (3M)124.09K
Price to Earnings (P/E)―
Beta (1Y)1.15
Revenue Growth20.83%
EPS GrowthN/A
CountryUK
Employees157
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding87,991,640
10 Day Avg. Volume73,027
30 Day Avg. Volume124,093
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)1.45
Price to Sales (P/S)2.17
P/FCF Ratio-129.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.02
Revenue Forecast (FY)£22.40M
Calnex Solutions Business Overview & Revenue Model
Company Description
Calnex Solutions plc designs, produces, and markets test instrumentation and solutions for network synchronization, and network emulation for telecoms networks, enterprise networks, and data centers worldwide. The company offers Paragon-neo, a pla...
How the Company Makes Money
Calnex makes money primarily by selling test and measurement products used by telecom operators, network equipment manufacturers, and related service providers to validate, deploy, and maintain synchronization and network performance. Key revenue ...
Calnex Solutions Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.07M | 18.39M | 16.27M | 27.45M | 22.05M | 17.98M |
| Gross Profit | 9.65M | 13.76M | 8.17M | 16.41M | 13.26M | 11.21M |
| EBITDA | 3.88M | 5.74M | 4.22M | 11.29M | 8.61M | 6.15M |
| Net Income | 623.00K | 337.00K | 40.00K | 5.91M | 4.54M | 3.45M |
Balance Sheet | ||||||
| Total Assets | 35.96M | 38.48M | 37.00M | 38.75M | 31.14M | 24.28M |
| Cash, Cash Equivalents and Short-Term Investments | 10.30M | 10.91M | 11.87M | 19.10M | 15.36M | 12.67M |
| Total Debt | 1.08M | 1.22M | 415.00K | 691.00K | 857.00K | 566.00K |
| Total Liabilities | 9.34M | 11.04M | 9.66M | 11.39M | 9.32M | 7.12M |
| Stockholders Equity | 26.63M | 27.44M | 27.34M | 27.36M | 21.83M | 17.16M |
Cash Flow | ||||||
| Free Cash Flow | 7.56M | -309.00K | -6.49M | 6.57M | 3.14M | 5.71M |
| Operating Cash Flow | 7.65M | 4.58M | -784.00K | 11.27M | 7.35M | 9.05M |
| Investing Cash Flow | -5.12M | -4.57M | -3.84M | -6.98M | -5.71M | -3.34M |
| Financing Cash Flow | -963.00K | -967.00K | -1.09M | -563.00K | -448.00K | 3.30M |
Calnex Solutions Technical Analysis
Positive
55.00
Price Trends
51.40
Positive
48.32
Positive
51.31
Positive
Market Momentum
0.78
Negative
57.64
Neutral
80.93
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CLX, the sentiment is Positive. The current price of 55 is above the 20-day moving average (MA) of 48.35, above the 50-day MA of 51.40, and above the 200-day MA of 51.31, indicating a bullish trend. The MACD of 0.78 indicates Negative momentum. The RSI at 57.64 is Neutral, neither overbought nor oversold. The STOCH value of 80.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CLX.
Calnex Solutions Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £58.18M | 10.81 | 17.36% | 4.20% | 9.45% | 13.01% | |
75 Outperform | £588.35M | 27.44 | 26.93% | ― | 31.56% | -4.41% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | £46.64M | -17.38 | 2.30% | 2.02% | 20.83% | ― | |
52 Neutral | £39.44M | 5.88 | 2.29% | 3.67% | -21.33% | -11.35% | |
50 Neutral | £75.44M | -18.64 | -9.80% | ― | -13.38% | 9.48% | |
45 Neutral | £688.23K | -0.16 | -197.13% | ― | -54.10% | 85.53% |
* Technology Sector Average
GB:CLX
Calnex Solutions
54.00
3.71
7.38%
GB:CML
CML Microsystems
237.50
-8.39
-3.41%
GB:FTC
Filtronic
270.00
175.00
184.21%
GB:MWE
MTI Wireless Edge
67.00
23.09
52.59%
GB:ENET
Ethernity Networks Ltd.
0.01
-0.02
-66.67%
GB:ENSI
Ensilica PLC
65.20
31.20
91.76%
Calnex Solutions Corporate Events
Business Operations and StrategyFinancial Disclosures
Calnex lifts revenue 19% and ramps investment ahead of FY28 growth push
Positive
Apr 13, 2026
Calnex Solutions reported that trading for the year to 31 March 2026 was slightly ahead of market expectations, with revenue up about 19% to £21.9m, strong gross margins and improved profitability, supported by continued diversification beyon...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.