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CML Microsystems plc (CML) Fair Value & Analysis

Technology · GB · Market cap 59.9M GBX

CM CML Microsystems plc CML · LSE
Price£2.62
Fair Value£2.87
Upside+9.5%
Quality95/100
Evidence: Low Range £2.24 – £3.51

Fair value as of: Jun 25, 2026

From 4 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from £8.83 to £2.87 (−67.5%) since Jun 24, 2026. Share price −21.9% over the past month.

Price vs Fair Value (12 months)

£3.62 £2.01 Fair Value £2.87 Jun 2025 Jun 2026

12‑month range £2.01 – £3.62 · fair‑value band £2.24 – £3.51 · the £2.62 price screens below the £2.87 fair value. As of Jun 25, 2026.

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Analysis

CML Microsystems plc (CML) currently trades at £2.62, while our model-based Fair Value estimate is £2.87 — implying the stock looks roughly 9.5% undervalued today. We read business quality at 95/100 (high quality), in the Technology 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: low) — always confirm before acting.

Over the trailing twelve months, CML Microsystems plc generated revenue of £19.5M at a net margin of 5.8%. Revenue declined 26.8% year over year. It earns a return on equity of 2.3%. The balance sheet holds a net cash position of £5.5M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 19.5M GBX
Revenue growth (YoY) -26.8%
Net margin 5.8%
Return on equity 2.3%
Free cash flow −1.8M GBX FY2025
P/E ratio 51.4
More key figures
Operating margin 26.5%
EPS (TTM) £0.0700
Dividend yield 3.1%
EPS growth (YoY) +167%
Net cash 5.5M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

CML Microsystems plc, through its subsidiaries, designs, manufactures, and semiconductor products for industrial, professional and commercial applications in the Americas, Europe, Far East, and internationally. The company offers radio frequency (RF) transceivers and millimetre wave products, as well as mixed-signal baseband/modem processors for wireless and satellite, mmWave MMICs, baseband processors, and data controllers and interface devices for wireless and satellite, Internet of Things, broadcast, network infrastructure, and aerospace and defense markets. CML Microsystems Plc was incorporated in 1968 and is headquartered in Maldon, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CML Microsystems plc reported revenue of £22.9M in FY2025 versus £13.1M in FY2021, a compound +15.0%/yr. Reported net income was −£18.0K in FY2025.

Revenue +15.0%/yr
FY21 £13.1M
FY22 £17.0M
FY23 £20.6M
FY24 £22.9M
FY25 £22.9M
Net income
FY21 £1.8M
FY22 £1.2M
FY23 £4.8M
FY24 £2.1M
FY25 −£18.0K

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Frequently asked questions

Is CML Microsystems plc (CML) undervalued?
As of Jun 25, 2026, our model estimates a fair value of £2.87 versus a price of £2.62 — about +10% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CML?
Our 21-model fair value for CML Microsystems plc is £2.87 (as of Jun 25, 2026), built from audited fundamentals. The current price is £2.62.
What is the quality score of CML?
CML Microsystems plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of CML Microsystems plc (CML)?
CML Microsystems plc reported trailing-twelve-month revenue of about £19.5M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of CML?
The net profit margin of CML Microsystems plc is about 5.8%, meaning it keeps roughly 5.8% of revenue as net income. Based on the latest reported figures.
Does CML Microsystems plc pay a dividend?
CML Microsystems plc currently shows a dividend yield of about 3.12% relative to its recent price (as of Jun 25, 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.