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:69Neutral
Price Target:
82.00 p
▲(49.09% Upside)
Action:Reiterated
Date:05/27/26
The score is driven primarily by solid underlying financial stability (low leverage) and improving operations, tempered by still-weaker profitability and historical cash-flow volatility. Technically, the stock shows strong upward momentum above key moving averages, while valuation is constrained by a negative P/E and only a modest dividend yield.
Positive Factors
Conservative balance sheet
Very low leverage and stable equity provide durable financial resilience, lowering refinancing and solvency risk. This supports steady investment in product development, ability to withstand telecom cycle shocks over 2–6 months, and preserves optionality for disciplined M&A or capex without straining liquidity.
Negative Factors
Reduced profitability / thin operating profit
Operating profit near breakeven constrains the firm's ability to rebuild margins and reserves. Thin profitability increases sensitivity to input cost or pricing shocks, limits funding for strategic initiatives, and implies longer timeframe to restore historical returns absent structural margin improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and stable equity provide durable financial resilience, lowering refinancing and solvency risk. This supports steady investment in product development, ability to withstand telecom cycle shocks over 2–6 months, and preserves optionality for disciplined M&A or capex without straining liquidity.
Read all positive factors
Calnex Solutions (CLX) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£59.89M
Dividend Yield2.02%
Average Volume (3M)124.09K
Price to Earnings (P/E)82.1
Beta (1Y)0.86
Revenue Growth18.98%
EPS Growth115.79%
CountryUK
Employees157
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)<0.01
Shares Outstanding88,073,940
10 Day Avg. Volume73,027
30 Day Avg. Volume124,093
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)1.45
Price to Sales (P/S)1.79
P/FCF Ratio6.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£125.00Price Target Upside127.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.01
Revenue Forecast (FY)£22.64M
Calnex Solutions Business Overview & Revenue Model
Company Description
Calnex Solutions plc is a company specializing in the development, manufacturing, and global marketing of advanced test instrumentation and comprehensive solutions. Its primary focus areas encompass precise network synchronization and robust netwo...
How the Company Makes Money
null...
Calnex Solutions Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
86
Very Positive
Cash Flow
63
Positive
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 21.88M | 18.39M | 16.27M | 27.45M | 22.05M |
| Gross Profit | 11.23M | 13.76M | 8.17M | 16.41M | 13.26M |
| EBITDA | 5.44M | 5.74M | 4.22M | 11.29M | 8.61M |
| Net Income | 728.00K | 337.00K | 40.00K | 5.91M | 4.54M |
Balance Sheet | |||||
| Total Assets | 41.75M | 38.48M | 37.00M | 38.75M | 31.14M |
| Cash, Cash Equivalents and Short-Term Investments | 9.31M | 10.91M | 11.87M | 19.10M | 15.36M |
| Total Debt | 928.00K | 1.22M | 415.00K | 691.00K | 857.00K |
| Total Liabilities | 14.68M | 11.04M | 9.66M | 11.39M | 9.32M |
| Stockholders Equity | 27.07M | 27.44M | 27.34M | 27.36M | 21.83M |
Cash Flow | |||||
| Free Cash Flow | 5.71M | -309.00K | -6.49M | 6.57M | 3.14M |
| Operating Cash Flow | 5.82M | 4.58M | -784.00K | 11.27M | 7.35M |
| Investing Cash Flow | -6.29M | -4.57M | -3.84M | -6.98M | -5.71M |
| Financing Cash Flow | -1.13M | -967.00K | -1.09M | -563.00K | -448.00K |
Calnex Solutions Technical Analysis
Neutral
55.00
Price Trends
60.97
Positive
55.42
Positive
54.47
Positive
Market Momentum
1.53
Positive
50.34
Neutral
30.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CLX, the sentiment is Neutral. The current price of 55 is below the 20-day moving average (MA) of 71.95, below the 50-day MA of 60.97, and above the 200-day MA of 54.47, indicating a neutral trend. The MACD of 1.53 indicates Positive momentum. The RSI at 50.34 is Neutral, neither overbought nor oversold. The STOCH value of 30.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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 |
|---|---|---|---|---|---|---|---|
80 Outperform | £857.78M | 85.98 | 26.93% | ― | 31.56% | -4.41% | |
77 Outperform | £59.91M | 15.99 | 17.36% | 4.20% | 9.45% | 13.01% | |
69 Neutral | £59.89M | 82.06 | 2.71% | 2.02% | 18.98% | 115.79% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
52 Neutral | £47.75M | 40.61 | 2.29% | 3.67% | -21.33% | -11.35% | |
50 Neutral | £116.46M | -47.16 | -9.80% | ― | -13.38% | 9.48% | |
45 Neutral | £370.58K | -0.02 | -197.13% | ― | -54.10% | 85.53% |
* Technology Sector Average
GB:CLX
Calnex Solutions
68.00
16.98
33.27%
GB:CML
CML Microsystems
287.50
44.50
18.31%
GB:FTC
Filtronic
390.00
254.50
187.82%
GB:MWE
MTI Wireless Edge
69.50
20.82
42.77%
GB:ENET
Ethernity Networks Ltd.
0.01
-0.01
-50.00%
GB:ENSI
Ensilica PLC
98.80
63.30
178.31%
Calnex Solutions Corporate Events
Business Operations and StrategyExecutive/Board ChangesDividendsFinancial Disclosures
Calnex lifts profit and dividend as diversification drive gathers pace
Positive
May 26, 2026
Calnex Solutions reported a strong FY26, with revenue up 19% to £21.9m and profit before tax rising 73% to £1.2m, driven by robust gross margins and disciplined cost control. The company ended the year with £9.3m in cash, rising to ...
Business Operations and StrategyFinancial Disclosures
Calnex Schedules Analyst and Investor Briefings on 2026 Final Results
Positive
May 14, 2026
Calnex Solutions will brief the market on its final results for the year ended 31 March 2026 through a pair of live presentations aimed at analysts and investors later in May. Management, including the chief executive and chief financial officer, ...
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.