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CAP-XX Ltd (GB:CPX)
LSE:CPX
UK Market
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CAP-XX Ltd (CPX) AI Stock Analysis

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GB:CPX

CAP-XX Ltd

(LSE:CPX)

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Underperform 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
0.14 p
▲(2.14% Upside)
Action:Downgraded
Date:07/30/26
The score is primarily pressured by weak financial performance, especially severe negative profitability and weak/declining cash flow, despite manageable leverage. Technicals add further caution with the stock trading below major moving averages. Valuation is also constrained because losses drive a negative P/E and there is no dividend yield data to offset risk.
Positive Factors
Low Leverage & Solid Equity Base
A low debt-to-equity ratio and a ~60.6% equity ratio provide durable financial flexibility. This reduces refinancing risk and gives management capacity to fund R&D, product development and working capital during multi-month cycles while pursuing design wins.
Negative Factors
Deep Negative Profitability
Severe and persistent negative margins indicate structural operational issues: pricing, cost base, or low volume economics. Continued heavy losses erode capital, limit reinvestment capacity and require either sustained margin recovery or external funding to maintain operations beyond several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage & Solid Equity Base
A low debt-to-equity ratio and a ~60.6% equity ratio provide durable financial flexibility. This reduces refinancing risk and gives management capacity to fund R&D, product development and working capital during multi-month cycles while pursuing design wins.
Read all positive factors

CAP-XX Ltd (CPX) vs. iShares MSCI United Kingdom ETF (EWC)

CAP-XX Ltd Business Overview & Revenue Model

Company Description
CAP-XX Limited, in conjunction with its affiliates, specializes in the design, production, and global distribution of supercapacitors, with key markets spanning Asia Pacific, Europe, and North America. Their product offerings encompass various typ...
How the Company Makes Money
CAP-XX makes money primarily by selling supercapacitor products to device makers and their supply-chain partners. Revenue is generated from (1) product sales of its supercapacitor components (including standard/catalog parts and application-specif...

CAP-XX Ltd Financial Statement Overview

Summary
Overall financials indicate material weakness: modest revenue growth (4.06%) is outweighed by very poor profitability (net margin -79.48%) and persistently negative EBIT/EBITDA margins. Balance sheet leverage is manageable (debt-to-equity 0.26; equity ratio 60.59%), but returns are deeply negative (ROE -58.61%). Cash generation is also weak with negative operating cash flow and a sharp free cash flow decline (-51.09%).
Income Statement
35
Negative
Balance Sheet
45
Neutral
Cash Flow
40
Negative
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue5.12M4.94M4.59M3.63M5.56M4.10M
Gross Profit738.99K1.47M1.38M1.57M2.52M-1.01M
EBITDA-4.93M-3.69M-4.95M-7.05M-6.55M-6.36M
Net Income-3.81M-3.93M-5.99M-5.56M-4.94M-3.53M
Balance Sheet
Total Assets9.04M11.05M10.37M13.06M12.16M11.40M
Cash, Cash Equivalents and Short-Term Investments2.92M3.96M1.92M2.64M1.61M182.60K
Total Debt1.60M1.74M2.78M3.26M2.41M3.98M
Total Liabilities3.74M4.36M5.76M6.53M5.32M6.44M
Stockholders Equity5.30M6.70M4.61M6.53M6.84M4.96M
Cash Flow
Free Cash Flow-802.53K-2.54M-4.06M-4.45M-2.76M-4.56M
Operating Cash Flow-742.87K-2.35M-4.04M-4.33M-2.57M-2.85M
Investing Cash Flow-218.45K-190.60K-20.38K-118.17K-26.90K-1.71M
Financing Cash Flow-217.78K4.80M3.37M5.51M4.08M1.81M

CAP-XX Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.14
Price Trends
50DMA
0.21
Negative
100DMA
0.23
Negative
200DMA
0.23
Negative
Market Momentum
MACD
-0.02
Negative
RSI
21.69
Positive
STOCH
8.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CPX, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.21, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 21.69 is Positive, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CPX.

CAP-XX Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
£107.64M26.326.51%1.37%23.25%700.00%
73
Outperform
£49.02M3.8622.93%136.76%
72
Outperform
£762.24M26.439.04%1.64%4.82%17.80%
65
Neutral
£91.50M18.629.24%12.56%23.36%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
56
Neutral
£270.18M-7.56-24.38%3.68%-2.68%47.33%
40
Underperform
£10.58M-5.35-63.48%2.99%57.14%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:CPX
CAP-XX Ltd
0.14
-0.25
-63.40%
GB:KMK
Kromek Group plc
7.48
2.58
52.65%
GB:SDI
SDI Group
87.50
-14.00
-13.79%
GB:SOLI
Solid State
189.50
34.57
22.31%
GB:TTG
TT Electronics
151.40
45.40
42.83%
GB:DSCV
discoverIE Group plc
793.00
197.91
33.26%

CAP-XX Ltd Corporate Events

Private Placements and FinancingRegulatory Filings and ComplianceShareholder Meetings
CAP-XX Raises £2.3m in Oversubscribed Fundraise Ahead of Key Shareholder Vote
Positive
Aug 4, 2026
CAP-XX Limited has completed an oversubscribed retail offer, raising £0.1 million through the issue of 66,666,666 new shares at 0.15 pence, bringing total gross proceeds from its wider fundraising, including placing and subscription, to appro...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
CAP-XX boosts capital via £2.2m placing and director-backed share issue
Positive
Jul 31, 2026
CAP-XX Limited has conditionally raised £2.2 million before expenses through a share placing and subscription, with Allenby Capital acting as sole bookrunner via an accelerated bookbuild. The fundraise is structured in two admissions to AIM, ...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
CAP-XX Raises £2.2m in Share Placing as Directors Boost Stakes
Positive
Jul 31, 2026
CAP-XX Limited has conditionally raised £2.2 million before expenses through a placing and subscription of new ordinary shares, supported by an accelerated bookbuild led by Allenby Capital. Directors and a senior manager have participated in ...
Business Operations and StrategyPrivate Placements and Financing
CAP-XX launches discounted retail share offer to fund production expansion
Positive
Jul 30, 2026
CAP-XX Limited has launched a conditional retail offer of new ordinary shares via RetailBook at an issue price of 0.15 pence, a 31.8% discount to the prior closing mid-price. The offer is open only to existing UK shareholders, with participation t...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
CAP-XX launches £2.1m share fundraising to expand supercapacitor production
Positive
Jul 30, 2026
CAP-XX Limited has announced a multi-tranche equity fundraising of up to £2.1 million through a placing, director subscription and a UK retail offer, with new shares issued at 0.15 pence each. The structure includes an initial placing using e...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 30, 2026