CLNFF (Calian Group) Research & Development: $9.0 Mil (TTM As of Mar. 2026)


CLNFF Calian Group Ltd CLNFF
94 GF Score
Price $62.81
GF Value $51.33
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Calian Group Research & Development?

Calian Group CLNFF +10.67% 94 Research & Development is $9.0 Mil as of Mar. 2026. GuruFocus rates CLNFF with a GF Score™ of 94/100 and a GF Value™ of $51.33 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Calian Group's Research & Development for the three months ended in Mar. 2026 was $2.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $9.0 Mil.

Calian Group  (OTCPK:CLNFF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Calian Group Research & Development Related Terms

Calian Group Research & Development Historical Data

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The historical data trend for Calian Group's Research & Development 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.

Calian Group Research & Development Chart

Calian Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.96 4.03 8.46 8.83 8.53

Calian Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 2.35 2.11 1.65 2.87
CLNFF
94GF Score
Calian Group Ltd CLNFF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Calian Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.0 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 Research & Development →
What does a Research & Development of $9.0 Mil mean?
Calian Group (CLNFF) has a Research & Development of $9.0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Calian Group and its competitors.
Is Calian Group's Research & Development too high?
Calian Group's current Research & Development is $9.0 Mil. Overall, Calian Group has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calian Group's Research & Development compare to CTAS and CPRT?
Calian Group's Research & Development of $9.0 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Business Services company?
A good Research & Development depends on the Business Services industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Calian Group and its competitors. Calian Group's current Research & Development is $9.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calian Group stock overvalued right now?
Based on GuruFocus' analysis, Calian Group (CLNFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $51.33, compared to a current price of $62.81 — trading 22.4% above its estimated fair value. The current Research & Development is $9.0 Mil. Calian Group's overall GF Score™ is 94/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Calian Group (CLNFF), the current Research & Development is $9.0 Mil as of Mar. 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 Calian Group (CLNFF) Overvalued in 2026?

Based on GuruFocus' analysis, Calian Group stock appears to be overvalued. The current stock price of $62.81 is trading 22.4% above its estimated GF Value™ of $51.33. GuruFocus considers Calian Group to be Significantly Overvalued.

Key valuation signals for CLNFF:

  • Research & Development: $9.0 Mil
  • GF Value™: $51.33 vs. price of $62.81 (22.4% above fair value)
  • GF Score™: 94/100 with 6 warning signs

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

Calian Group Business Description

Other Exchanges CGY:Canada
Address 770 Palladium Drive, Ottawa, ON, CAN, K2V 1C8
Calian Group Ltd provides services to industry and government across health, learning, defence, security, aerospace, engineering, AgTech, satcom, and IT. The company operates through four segments: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS), with majority revenue from Advanced Technologies. Its solutions cover cybersecurity and cloud services, communication and connectivity, antennas and SatCom solutions, enterprise IT and managed services, defence and military support, software and embedded design, modelling and simulation, and healthcare services, including virtual care, psychological services, staff augmentation, and pharma PSP and CRO services. It generates the majority of revenue from Canada and has a presence in the United States, Europe, and other.
94GF Score

Get the complete analysis for CLNFF

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.81
Price
$51.33
GF Value