Technology
CML Microsystems plc
Analysts
Quick links:
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

A strategic advance in next-generation wireless
17/01/2023 CML Microsystems plc
CML has today announced the agreement to acquire, for up to $18m, Microwave Technology Inc (MwT), marking a […]
Management Team of CML Microsystems
01/12/2022

Exceptionally strong results
22/11/2022 CML Microsystems plc
CML’s interim results for the six months ended 30 September 2022 have significantly exceeded management’s own expectations. We […]

Performing ahead of expectations
28/09/2022 CML Microsystems plc
The trading update issued today by CML states that for the full year ending 31 March 2023 both […]

Progress on all fronts
10/08/2022 CML Microsystems plc
CML has today released its AGM statement. It follows the same path as the FY22 results in July […]

Clear signals of recovery and growth
06/07/2022 CML Microsystems plc
CML’s Full Year results to 31st March 22, released yesterday, show that the group is continuing to make […]

Sμrfs up
12/05/2022 CML Microsystems plc
CML has a strong niche position in wireless communications chips, built upon its technologies and skills in analog […]
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