CML Microsystems plc

Market Cap (£m) 56.6
Listing AIM


Company Description

CML is a semiconductor company focused on the next generation of wireless communications technologies.  It has positions in analog and compound semiconductor products and technologies, and a blue-chip customer base.

Investment Summary

CML is well-placed to capitalise on the exciting opportunities presented by the next generation of wireless communications across 5G, the Industrial Internet of Things, satellite and voice communications.  Our valuation work suggests that the current market valuation is focused on the CML of old. Given the expected explosion in applications for next-generation wireless technologies and CML’s track record in niche and specialist applications, multiples may rise as evidence of traction builds.

Recent Content

More Content

Company Management Team

  • Nigel Clark

    Executive Chairman

    Nigel joined the Company in 1980. He was appointed Company Secretary in 1983 and Group Financial Director in 1985. Prior to joining CML, he was employed by Touche Ross & Co. (which subsequently merged with Deloitte in 1989) and is a qualified chartered accountant, holding an FCA. Nigel became Group Non‑Executive Chairman in January 2015. On 1 January 2020, Nigel took up the post of Group Finance Director on an interim basis, on 1 June 2021 resigned interim position and took the position of Executive Chairman. He holds a Mathematical Science degree from Royal Holloway College, University of London. Nigel is Chairman of the Remuneration Committee and has resigned from being a member of the Audit Committee.

  • Chris Gurry

    Group Managing Director

    Chris joined the group in 1994. He was appointed to the Board in 2000 as Business Development Director and became Group Managing Director in October 2007. Prior to joining CML, he worked within the electronics design and manufacturing industry leading organisations primarily focused on applications within radio communications markets, including machine-to-machine, CCTV and satellite television. Having originally trained as an electronics technician, Chris subsequently re-trained as a business software programmer/analyst and has over 30 years’ experience within wireless communications markets. He is a member of the Remuneration Committee