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CLS Holdings (CLI) Fair Value & Analysis

Real Estate · GB · Market cap 187M GBX

CH CLS Holdings CLI · LSE
Price£0.4855
Fair Value£0.7700
Upside+58.6%
Quality95/100
Evidence: High Range £0.1500 – £1.50

Fair value as of: Jun 26, 2026

From 15 valuation models · updated 3 days ago

Share price −3.2% over the past month.

Price vs Fair Value (12 months)

£0.6629 £0.4486 Fair Value £0.7700 Jun 2025 Jun 2026

12‑month range £0.4486 – £0.6629 · fair‑value band £0.1500 – £1.50 · the £0.4855 price screens below the £0.7700 fair value. As of Jun 26, 2026.

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Analysis

CLS Holdings (CLI) currently trades at £0.4855, while our model-based Fair Value estimate is £0.7700 — implying the stock looks roughly 58.6% undervalued today. We read business quality at 95/100 (high quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, CLS Holdings generated revenue of £140M at a net margin of -36.0%. Revenue declined 8.5% year over year. It earns a return on equity of -6.6%. Net debt stands at £856M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 140M GBX
Revenue growth (YoY) -8.5%
Net margin -36.0%
Return on equity -6.6%
Free cash flow 14.5M GBX FY2025
Operating margin 48.8%
More key figures
EPS (TTM) £-0.1300
Dividend yield 8.2%
EPS growth (YoY) +96.6%
Net debt 856M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. The company operates in two segments, Investment Properties and Other Investments. It is also involved in investment in a hotel and other corporate investments. CLS Holdings plc was formerly known as Hadmarn Limited and changed its name to CLS Holdings plc in June 1992. The company was founded in 1987 and is based in London, the United Kingdom. CLS Holdings plc operates as a subsidiary of The Sten and Karin Mortstedt Family and Charity Trust.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CLS Holdings reported revenue of £140M in FY2025 versus £140M in FY2021, a compound −0.0%/yr. Reported net income was −£50.3M in FY2025.

Revenue −0.0%/yr
FY21 £140M
FY22 £140M
FY23 £149M
FY24 £152M
FY25 £140M
Net income
FY21 £120M
FY22 −£81.9M
FY23 −£250M
FY24 −£93.6M
FY25 −£50.3M

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Similar stocks

6 more REIT - Office stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
BXP, Inc BXP $64.34 $60.75 -6%
MERLIN Properties SOCIMI, S.A MRL €15.23 €7.92 -48%
Alexandria Real Estate Equities, Inc A1RE34 R$68.51 R$53.19 -22%
Vornado Realty Trust VNORP $51.75 $47.22 -9%
Gecina GECFF $87.89 $126.77 +44%
Hudson Pacific Properties, Inc HPP $14.54 $3.95 -73%

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Frequently asked questions

Is CLS Holdings (CLI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £0.7700 versus a price of £0.4855 — about +59% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CLI?
Our 21-model fair value for CLS Holdings is £0.7700 (as of Jun 26, 2026), built from audited fundamentals. The current price is £0.4855.
What is the quality score of CLI?
CLS Holdings has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of CLS Holdings (CLI)?
CLS Holdings reported trailing-twelve-month revenue of about £140M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of CLI?
The net profit margin of CLS Holdings is about -36.0%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does CLS Holdings pay a dividend?
CLS Holdings currently shows a dividend yield of about 8.16% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.