CLS Holdings (CLI) AI Stock Analysis

• Market Cap: £239.64M
• Dividend Yield: 6.6%
• Average Volume (3M): 809.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.28
• Revenue Growth: -5.32%
• EPS Growth: 72.50%
• Country: UK
• Employees: 123
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Office
• EPS (TTM): 0.04
• Shares Outstanding: 398,110,750
• 10 Day Avg. Volume: 349,018
• 30 Day Avg. Volume: 809,189
• PEG Ratio: 0.05
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 2.03
• P/FCF Ratio: 45.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £85.00
• Price Target Upside: 40.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: 61.00p ▲(1.16% Upside)

The overall stock score of 54 reflects significant financial challenges, including persistent net losses and high leverage, which weigh heavily on the company's outlook. While technical indicators show some positive momentum, the valuation is hindered by a negative P/E ratio. The dividend yield offers a slight positive aspect, but the overall financial health remains a concern.

CLS Holdings Business Overview & Revenue Model

Company Description

CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. It operates in two segments, Investment Properties and Other Investments. The company also invests in a hotel; and corporate bonds and other corporate investments, as well as rents office buildings. Its asset portfolio consists of 93 properties. The company was founded in 1987 and is based in London, the United Kingdom. CLS Holdings plc is a subsidiary of The Sten and Karin Mortstedt Family & Charity Trust.

How the Company Makes Money

CLS Holdings generates revenue through multiple streams, primarily from rental income derived from its commercial property portfolio. The company leases office, retail, and industrial spaces to a diverse range of tenants, ensuring a steady cash flow. Additionally, CLS engages in property development projects which can yield significant profits upon completion and subsequent leasing or sale of the developed properties. Furthermore, the company may benefit from strategic partnerships and joint ventures that enhance its market reach and operational efficiency. Factors contributing to its earnings also include effective asset management, capital appreciation of properties, and a focus on sustainability initiatives that can attract tenants and investors alike.

CLS Holdings Financial Statement Overview

Summary

CLS Holdings faces financial challenges with consistent net losses affecting profitability. While the company maintains a reasonable equity ratio and positive cash flows, high leverage and persistent negative net income pose significant risks. Stabilizing operations and improving profitability are crucial for future financial health.

Income Statement

The company's income statement shows a challenging financial position with persistent losses. The Net Profit Margin has been negative for several years, indicating ongoing unprofitability. Revenue growth is minimal, with TTM revenue increasing slightly by 2.15% from the previous year. The EBIT and EBITDA margins have significantly declined, reflecting operational challenges.

Balance Sheet

The balance sheet reflects a stable asset base but highlights concerns with high leverage. The Debt-to-Equity ratio is over 1.28, indicating significant leverage. However, the equity ratio remains above 40%, suggesting reasonable equity financing. ROE is negative due to net losses, indicating inefficient use of equity.

Cash Flow

Cash flow analysis shows some strengths, with positive operating cash flow and free cash flow. However, free cash flow has shown volatility, with recent growth of 51.79% compared to the previous year. The Operating Cash Flow to Net Income ratio is positive, indicating cash generation despite net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	146.00M	151.90M	148.70M	139.70M	139.80M	139.40M
Gross Profit	108.40M	95.90M	113.00M	107.80M	108.00M	109.80M
EBITDA	72.70M	-55.80M	80.00M	76.50M	79.60M	76.90M
Net Income	-56.90M	-93.60M	-249.80M	-81.90M	119.50M	77.40M
Balance Sheet
Total Assets	1.83B	1.93B	2.16B	2.50B	2.54B	2.46B
Cash, Cash Equivalents and Short-Term Investments	63.90M	9.00M	70.60M	113.90M	167.40M	235.70M
Total Debt	926.40M	1.00B	1.07B	1.11B	1.03B	970.70M
Total Liabilities	1.06B	1.15B	1.23B	1.28B	1.21B	1.19B
Stockholders Equity	765.40M	784.20M	929.20M	1.22B	1.33B	1.27B
Cash Flow
Free Cash Flow	15.50M	6.80M	44.80M	-15.40M	6.90M	24.30M
Operating Cash Flow	15.60M	29.50M	45.90M	43.00M	44.20M	44.30M
Investing Cash Flow	114.80M	41.10M	-32.30M	-81.30M	-165.50M	-92.40M
Financing Cash Flow	-135.70M	-79.80M	-56.20M	-14.60M	57.30M	21.60M

CLS Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 60.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CLI, the sentiment is Negative. The current price of 60.3 is below the 20-day moving average (MA) of 60.57, above the 50-day MA of 58.84, and below the 200-day MA of 63.03, indicating a neutral trend. The MACD of 0.50 indicates Positive momentum. The RSI at 51.67 is Neutral, neither overbought nor oversold. The STOCH value of 46.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CLI.

CLS Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SREI	68 Neutral	£264.12M	―	―	6.19%	―	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ASLI	63 Neutral	£148.38M	21.43	2.31%	52.30%	0.54%	―
CLI	54 Neutral	£239.64M	-4.21	-7.10%	6.60%	-5.32%	72.50%
RGL	50 Neutral	£182.19M	―	-6.74%	8.36%	-5.48%	89.60%
OIT	48 Neutral	―	―	-12.63%	―	-395.44%	-191.84%

CLS Holdings Corporate Events

CLS Holdings Secures Major Lease at Gotic Haus, Dortmund

CLS Holdings has secured an 8-year lease agreement for 14,700 sqm at Gotic Haus in Dortmund with a government department, significantly boosting the building’s occupancy to over 80%. The lease, which is index-linked to the German CPI, is expected to enhance the property’s value and increase the total rental income to over €4.0 million annually, reflecting the company’s strategic asset management and commitment to sustainable office spaces.

The most recent analyst rating on (GB:CLI) stock is a Hold with a £61.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Executives Acquire Shares Under Incentive Plan

CLS Holdings plc, a company involved in real estate investment and management, announced that its CEO, Fredrik Widlund, and CFO, Andrew Kirkman, acquired ordinary shares under the company’s Share Incentive Plan. The transaction, conducted on 8 October 2025, involved the purchase of Partnership Shares at 62.1 pence each, with each share matched by the company. This move reflects the company’s commitment to aligning the interests of its executives with those of its shareholders, potentially strengthening stakeholder confidence.

The most recent analyst rating on (GB:CLI) stock is a Hold with a £61.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Executives Acquire Shares Under Incentive Plan

CLS Holdings plc announced that its CEO, Fredrik Widlund, and CFO, Andrew Kirkman, acquired ordinary shares under the company’s Share Incentive Plan. This transaction, which took place on 8 September 2025, involved the purchase of Partnership Shares and the awarding of Matching Shares, reflecting the company’s commitment to aligning management interests with shareholder value.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £85.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Director Increases Stake with Share Purchase

CLS Holdings plc announced that Bill Holland, a Non-Executive Director, purchased 32,522 ordinary shares at an average price of 61.15 pence per share on 14 August 2025. This transaction, conducted on the London Stock Exchange, reflects a notable insider investment, potentially signaling confidence in the company’s future performance and stability, which may positively influence stakeholder perceptions.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Reports Progress Amidst Strategic Reshaping

CLS Holdings PLC reported its half-yearly financial results for the six months ending 30 June 2025, highlighting strong progress in strategic priorities such as lettings, sales, and refinancings. Despite a decrease in net rental income and a loss after tax, the company achieved a 17% increase in lettings and completed property sales totaling £143 million, which helped reduce leverage. The company is optimistic about the second half of the year, supported by improving market fundamentals and a robust leasing environment. CLS is also advancing its environmental, social, and governance initiatives, with significant investments planned to achieve its 2030 Net Zero Carbon Pathway.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Appoints Dr. Johannes Conradi as Independent Non-executive Director

CLS Holdings, a company in the real estate sector, has appointed Dr. Johannes Conradi as an independent Non-executive Director, effective from September 15, 2025. Dr. Conradi brings over 30 years of experience in the real estate industry, having held prominent positions at Freshfields and Alstria Office REIT-AG. His appointment is expected to enhance CLS Holdings’ strategic direction and governance, leveraging his extensive expertise and leadership in real estate.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Executives Acquire Shares Under Incentive Plan

CLS Holdings plc announced that its Chief Executive Officer, Fredrik Widlund, and Chief Financial Officer, Andrew Kirkman, acquired ordinary shares under the company’s Share Incentive Plan. Each executive purchased 227 Partnership Shares at 66.0 pence per share and received an equal number of Matching Shares. This transaction highlights the executives’ commitment to the company and aligns their interests with shareholders, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Secures New Leases at Vauxhall’s The Coade

CLS Holdings PLC has successfully secured over 8,000 sq. ft of new leases at The Coade, their newly developed office building in Vauxhall, London. The leases, averaging £48 per square foot, highlight strong demand for quality office spaces in the area. With new tenants from various sectors, including rail consulting and accountancy, 50% of The Coade’s floors are now occupied, demonstrating its appeal and the strategic importance of Vauxhall as a business hub.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

CLS Holdings Secures Major Lease at Office Connect in Cologne

CLS Holdings PLC has successfully leased 2,165 square meters of office space at its ‘Office Connect’ property in Cologne to a leading agricultural crop protection supplier. This lease, which begins in October 2026, is part of CLS’s strategy to enhance building quality and energy efficiency, reflecting its active asset management approach in the German office market. The lease is set at a rent 3.6% above the current estimated rental value, highlighting the property’s desirability and strategic location.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.