What is Calnex Solutions plc's (CLX.L) StockRank?

MoatMap's StockRank for Calnex Solutions plc (CLX.L) is 64/100, with a Hold signal. This is a composite score combining Quality (58), Value (32), and Momentum (63) factor ranks across MoatMap's 19,000+ stock universe.

Does Calnex Solutions plc have an economic moat?

Calnex Solutions plc (CLX.L) has a Quality factor score of 58/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Calnex Solutions plc a buy, hold, or sell?

MoatMap's current signal for Calnex Solutions plc (CLX.L) is Hold, based on a StockRank of 64/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Calnex Solutions plc in?

Calnex Solutions plc (CLX.L) operates in the Technology sector, specifically the Communication Equipment industry (United Kingdom).

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CLX.L

HOLDREMOVE

Calnex Solutions plc · Technology · United Kingdom · $83M · Avg Vol: $256K/d

StockRank

P/E (TTM)

66.7x

ROE

2.7%

D/E

0.0x

Dividend %

0.0%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Calnex provides testing and measurement solutions for telecom networks. It is currently suffering from a severe cyclical downturn in telecom capex and lacks the scale and structural tailwinds of our approved semiconductor names.

COMPANY DESCRIPTION

Calnex Solutions plc designs and manufactures test and measurement solutions for telecommunications networks, focusing on synchronization and network emulation. The company is a critical testing partner for global telecom equipment manufacturers and hyperscale data centers transitioning to 5G and cloud architectures. Calnex is a high-margin, niche technology leader with a global customer base and strong structural tailwinds.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	30M	37M	22M	25M	-5.9%
EPS	0.07	0.09	0.00	0.01	-58.2%
Shares	88M	88M	88M	88M	+0.4%
Debt	1M	927,679	557,144	2M	12.4%
Equity	29M	37M	37M	37M	7.9%
Op CF	10M	15M	-1M	6M	-14.6%
Inv CF	-8M	-9M	-5M	-6M	—
Fin CF	-601,447	-1M	-1M	-1M	—

PRICE (1M)+19.0%

SMA 50SMA 200

$0.93

RSI (14)

37.8

52W High

$1.10

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

2.3%31.8

ROE

2.7%33.7

GP/Assets

30.7%70.2

Op. Margin

15.2%74.5

FCF/Assets

-0.9%35.6

Piotroski

—79.6

Int. Cover

20.5x64.2

D/E Ratio

0.03x80.2

Current Ratio

2.80x69.0

Value

P/E (TTM)

66.7x29.0

EV/EBITDA

33.5x26.9

P/FCF

—N/A

P/B

2.2x64.9

P/S

2.7x55.2

Div Yield

0.0%1.2

Momentum

52W High %

84%68.5

RS 6M

54%80.2

SMA 50/200

1.15x63.7

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+86%49.6

Q Growth

8%39.8

FUNDAMENTALS

Market Cap

$83M

P/E (Forward)

35.8x

Gross Margin

54.6%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of CLX.L are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
CLX.L	Calnex Solutions plc(you)	$83M	64	HOLD
PEB.L	Pebble Beach Systems Group plc	$47M	63	HOLD
CYAN.L	CyanConnode Holdings plc	$40M	35	SELL
FTC.L	Filtronic plc	$1.1B	61	HOLD
IGP.L	Intercede Group plc	$95M	69	BUY
OMG.L	Oxford Metrics plc	$69M	70	BUY
PULS.L	Pulsar Group plc	$70M	55	HOLD
CML.L	CML Microsystems plc	$79M	76	BUY
ELCO.L	Eleco plc	$143M	67	BUY
XAR.L	Xaar plc	$138M	61	HOLD

Peer medians: ROE 3.9% · P/E 29.6x · Gross margin 57.4%

Calnex Solutions plc (CLX.L) — Stock Score Summary

Calnex Solutions plc (CLX.L) has a MoatMap StockRank of 64/100 based on Quality (58/100), Value (32/100), and Momentum (63/100) factor scores. The current signal is HOLD. Calnex provides testing and measurement solutions for telecom networks. It is currently suffering from a severe cyclical downturn in telecom capex and lacks the scale and structural tailwinds of our approved semiconductor names.

Key Financial Metrics

Price	$0.93
Market Cap	$83M
P/E (TTM)	66.65
P/E (Forward)	35.83
Price/Book	2.16
Return on Equity	2.7%
Return on Invested Capital	2.3%
Debt/Equity	3.43
Gross Margin	54.6%
Operating Margin	15.2%
Revenue Growth	25.4%
Dividend Yield	0.0%
Free Cash Flow	$-645K

Calnex Solutions plc operates in the Communication Equipment industry, part of the Technology sector (United Kingdom).

Frequently Asked Questions

What is Calnex Solutions plc’s (CLX.L) StockRank?: MoatMap’s StockRank for Calnex Solutions plc (CLX.L) is 64/100, with a Hold signal. It is a composite of Quality (58), Value (32), and Momentum (63) factor ranks across MoatMap’s 19,000+ stock universe.
Does Calnex Solutions plc have an economic moat?: Calnex Solutions plc (CLX.L) has a Quality factor score of 58/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Calnex Solutions plc a buy, hold, or sell?: MoatMap’s current signal for Calnex Solutions plc (CLX.L) is Hold, based on a StockRank of 64/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Calnex Solutions plc in?: Calnex Solutions plc (CLX.L) operates in the Technology sector, specifically the Communication Equipment industry (United Kingdom).