Clearfield, Inc. (CLFD)
Total Valuation
Clearfield has a market cap or net worth of $439.44 million. The enterprise value is $296.13 million.
Market Cap | 439.44M |
Enterprise Value | 296.13M |
Important Dates
The next estimated earnings date is Thursday, May 2, 2024, after market close.
Earnings Date | May 2, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Clearfield has 14.71 million shares outstanding. The number of shares has increased by 6.50% in one year.
Shares Outstanding | 14.71M |
Shares Change (YoY) | +6.50% |
Shares Change (QoQ) | -0.32% |
Owned by Insiders (%) | 16.14% |
Owned by Institutions (%) | 69.81% |
Float | 12.37M |
Valuation Ratios
The trailing PE ratio is 37.61 and the forward PE ratio is 30.67.
PE Ratio | 37.61 |
Forward PE | 30.67 |
PS Ratio | 2.02 |
Forward PS | 2.72 |
PB Ratio | 1.46 |
P/FCF Ratio | 24.21 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.04, with an EV/FCF ratio of 16.31.
EV / Earnings | 22.76 |
EV / Sales | 1.36 |
EV / EBITDA | 12.04 |
EV / EBIT | 16.27 |
EV / FCF | 16.31 |
Financial Position
The company has a current ratio of 11.09, with a Debt / Equity ratio of 0.07.
Current Ratio | 11.09 |
Quick Ratio | 7.22 |
Debt / Equity | 0.07 |
Debt / EBITDA | 0.79 |
Debt / FCF | 1.08 |
Interest Coverage | 23.86 |
Financial Efficiency
Return on equity (ROE) is 4.20% and return on invested capital (ROIC) is 2.62%.
Return on Equity (ROE) | 4.20% |
Return on Assets (ROA) | 3.70% |
Return on Capital (ROIC) | 2.62% |
Revenue Per Employee | $542,520 |
Profits Per Employee | $32,525 |
Employee Count | 400 |
Asset Turnover | 0.62 |
Inventory Turnover | 1.71 |
Taxes
In the past 12 months, Clearfield has paid $4.43 million in taxes.
Income Tax | 4.43M |
Effective Tax Rate | 25.41% |
Stock Price Statistics
The stock price has decreased by -30.45% in the last 52 weeks. The beta is 1.33, so Clearfield's price volatility has been higher than the market average.
Beta (1Y) | 1.33 |
52-Week Price Change | -30.45% |
50-Day Moving Average | 28.84 |
200-Day Moving Average | 32.56 |
Relative Strength Index (RSI) | 57.48 |
Average Volume (30 Days) | 222,173 |
Short Selling Information
The latest short interest is 2.18 million, so 14.86% of the outstanding shares have been sold short.
Short Interest | 2.18M |
Short Previous Month | 2.27M |
Short % of Shares Out | 14.86% |
Short % of Float | 17.66% |
Short Ratio (days to cover) | 10.25 |
Income Statement
In the last 12 months, Clearfield had revenue of $217.01 million and earned $13.01 million in profits. Earnings per share was $0.82.
Revenue | 217.01M |
Gross Profit | 59.33M |
Operating Income | 11.23M |
Pretax Income | 17.44M |
Net Income | 13.01M |
EBITDA | 24.60M |
EBIT | 18.21M |
Earnings Per Share (EPS) | $0.82 |
Balance Sheet
The company has $162.84 million in cash and $19.53 million in debt, giving a net cash position of $143.31 million or $9.74 per share.
Cash & Cash Equivalents | 162.84M |
Total Debt | 19.53M |
Net Cash | 143.31M |
Net Cash Per Share | $9.74 |
Equity / Book Value | 300.10M |
Book Value Per Share | 20.41 |
Working Capital | 251.66M |
Cash Flow
In the last 12 months, operating cash flow was $26.73 million and capital expenditures -$8.58 million, giving a free cash flow of $18.15 million.
Operating Cash Flow | 26.73M |
Capital Expenditures | -8.58M |
Free Cash Flow | 18.15M |
FCF Per Share | $1.19 |
Margins
Gross margin is 27.34%, with operating and profit margins of 5.18% and 6.00%.
Gross Margin | 27.34% |
Operating Margin | 5.18% |
Pretax Margin | 8.04% |
Profit Margin | 6.00% |
EBITDA Margin | 11.34% |
EBIT Margin | 8.39% |
FCF Margin | 8.36% |
Dividends & Yields
Clearfield does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -6.50% |
Shareholder Yield | -6.50% |
Earnings Yield | 2.96% |
FCF Yield | 4.13% |
Analyst Forecast
The average price target for Clearfield is $41.50, which is 34.57% higher than the current price. The consensus rating is "Buy".
Price Target | $41.50 |
Price Target Difference | 34.57% |
Analyst Consensus | Buy |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on April 3, 1989. It was a forward split with a ratio of 2:1.
Last Split Date | Apr 3, 1989 |
Split Type | Forward |
Split Ratio | 2:1 |
Scores
Clearfield has an Altman Z-Score of 9.65 and a Piotroski F-Score of 6.
Altman Z-Score | 9.65 |
Piotroski F-Score | 6 |