Calnex Solutions (FRA:CSO) EV-to-EBIT: 35.75 (As of Jul. 23, 2026) — 66% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:CSO Calnex Solutions PLC FRA:CSO
54 GF Score
Price €0.70
GF Value €0.78
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Calnex Solutions EV-to-EBIT?

Calnex Solutions FRA:CSO 54 EV-to-EBIT is 35.75 as of Jul. 23, 2026, which is 66% above its 10-year median of 21.51. GuruFocus rates FRA:CSO with a GF Score™ of 54/100 and a GF Value™ of €0.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,769 Hardware companies, Calnex Solutions ranks worse than 66.2% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Calnex Solutions's Enterprise Value is €54.23 Mil. Calnex Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1.52 Mil. Therefore, Calnex Solutions's EV-to-EBIT for today is 35.75.

The historical rank and industry rank for Calnex Solutions's EV-to-EBIT or its related term are showing as below:

FRA:CSO' s EV-to-EBIT Range Over the Past 10 Years
Min: -211.01   Med: 21.51   Max: 67.53
Current: 35.6

During the past 9 years, the highest EV-to-EBIT of Calnex Solutions was 67.53. The lowest was -211.01. And the median was 21.51.

FRA:CSO's EV-to-EBIT is ranked worse than
66.2% of 1769 companies
in the Hardware industry
Industry Median: 20.94 vs FRA:CSO: 35.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Calnex Solutions's Enterprise Value for the quarter that ended in Mar. 2026 was €34.16 Mil. Calnex Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1.52 Mil. Calnex Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.44%.


Calnex Solutions  (FRA:CSO) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Calnex Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1.517/34.157016
=4.44 %

Calnex Solutions's Enterprise Value for the quarter that ended in Mar. 2026 was €34.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Calnex Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1.52 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Calnex Solutions EV-to-EBIT Related Terms


Calnex Solutions EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Calnex Solutions's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Calnex Solutions EV-to-EBIT Chart

Calnex Solutions Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 19.48 10.82 -152.96 40.02 23.42

Calnex Solutions Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -152.96 0.00 40.02 0.00 23.42

FRA:CSO vs CSCO, CIEN, MSI: EV-to-EBIT Comparison

For the Communication Equipment subindustry, Calnex Solutions's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Calnex Solutions EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Calnex Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Calnex Solutions's EV-to-EBIT falls into.


FRA:CSO
54GF Score
Calnex Solutions PLC FRA:CSO
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calnex Solutions EV-to-EBIT Calculation

Calnex Solutions's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=54.233/1.517
=35.75

Calnex Solutions's current Enterprise Value is €54.23 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Calnex Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1.52 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 35.75 mean?
Calnex Solutions (FRA:CSO) has a EV-to-EBIT of 35.75 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Calnex Solutions and its competitors. This is 66% above median its historical median of 21.51. According to the industry distribution chart, Calnex Solutions ranks #1171 out of 1769 companies in the Hardware industry, placing it in the top 66.2%.
Is Calnex Solutions' EV-to-EBIT too high?
Calnex Solutions' current EV-to-EBIT of 35.75 is 66% above median its 10-year median of 21.51. The Hardware industry median EV-to-EBIT is 20.94. Calnex Solutions' value of 35.75 is 70.7% above this industry median. Based on the distribution chart, Calnex Solutions ranks #1171 out of 1769 companies in the Hardware industry, which is below the industry midpoint. Overall, Calnex Solutions has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calnex Solutions' EV-to-EBIT compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Calnex Solutions ranks #1171 out of 1769 companies for EV-to-EBIT. This places Calnex Solutions in the lower half of its industry. The industry median EV-to-EBIT is 20.94. Calnex Solutions' value of 35.75 is 70.7% above this benchmark. While the company's 10-year median is 21.51 vs. the industry median of 20.94, Calnex Solutions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 20.94, based on 1,769 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calnex Solutions's current EV-to-EBIT of 35.75 is 70.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Calnex Solutions and its competitors. For the Hardware industry, the median EV-to-EBIT is 20.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calnex Solutions's current EV-to-EBIT is 35.75, which is 66% above median its own 10-year median of 21.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calnex Solutions stock overvalued right now?
Based on GuruFocus' analysis, Calnex Solutions (FRA:CSO) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.78, compared to a current price of €0.70 — trading 10.9% below its estimated fair value. The current EV-to-EBIT is 35.75, which is 66% above median its 10-year median of 21.51 and 70.7% above the Hardware industry median of 20.94. Calnex Solutions' overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Calnex Solutions (FRA:CSO), the current EV-to-EBIT is 35.75 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Calnex Solutions (FRA:CSO) Overvalued in 2026?

Based on GuruFocus' analysis, Calnex Solutions stock appears to be undervalued. The current stock price of €0.70 is trading 10.9% below its estimated GF Value™ of €0.78. GuruFocus considers Calnex Solutions to be Modestly Undervalued.

Key valuation signals for FRA:CSO:

  • EV-to-EBIT: 35.75 (66% above median its 10-year median of 21.51)
  • GF Value™: €0.78 vs. price of €0.70 (10.9% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 70.7% above the Hardware median (#1171 of 1769)

No single metric tells the full story. See the FRA:CSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Calnex Solutions Business Description

Other Exchanges CLX:UKCSO:Germany
Address Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR
Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures. The company operates in North Asia, Americas and Rest of the world, out of which it derives maximum revenue from Rest of the World.
54GF Score

Get the complete analysis for FRA:CSO

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.70
Price
€0.78
GF Value