CLEARFIELD INC (CLFD)
US18482P1030 - Common Stock
Taking everything into account, CLFD scores 4 out of 10 in our fundamental rating. CLFD was compared to 51 industry peers in the Communications Equipment industry. CLFD has a great financial health rating, but its profitability evaluates not so good. CLFD is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CLFD had negative earnings in the past year.
In the past year CLFD had a positive cash flow from operations.
Of the past 5 years CLFD 4 years were profitable.
CLFD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CLFD has a Return On Assets (-3.95%) which is comparable to the rest of the industry.
CLFD has a Return On Equity (-4.52%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.95% | ||
| ROE | -4.52% | ||
| ROIC | N/A |
ROA(3y)8.92%
ROA(5y)10.11%
ROE(3y)13.09%
ROE(5y)13.53%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CLFD's Gross Margin of 17.33% is on the low side compared to the rest of the industry. CLFD is outperformed by 92.16% of its industry peers.
CLFD's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for CLFD so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 17.33% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-26.4%
GM growth 5Y-14.74%
2. Health
2.1 Basic Checks
CLFD does not have a ROIC to compare to the WACC, probably because it is not profitable.
CLFD has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CLFD has more shares outstanding
Compared to 1 year ago, CLFD has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 8.79 indicates that CLFD is not in any danger for bankruptcy at the moment.
The Altman-Z score of CLFD (8.79) is better than 92.16% of its industry peers.
CLFD has a debt to FCF ratio of 0.41. This is a very positive value and a sign of high solvency as it would only need 0.41 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.41, CLFD belongs to the best of the industry, outperforming 80.39% of the companies in the same industry.
CLFD has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.02, CLFD is doing good in the industry, outperforming 68.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.41 | ||
| Altman-Z | 8.79 |
ROIC/WACCN/A
WACC9.74%
2.3 Liquidity
A Current Ratio of 9.43 indicates that CLFD has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 9.43, CLFD belongs to the top of the industry, outperforming 96.08% of the companies in the same industry.
A Quick Ratio of 6.69 indicates that CLFD has no problem at all paying its short term obligations.
The Quick ratio of CLFD (6.69) is better than 98.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.43 | ||
| Quick Ratio | 6.69 |
3. Growth
3.1 Past
The earnings per share for CLFD have decreased strongly by -139.17% in the last year.
Looking at the last year, CLFD shows a very negative growth in Revenue. The Revenue has decreased by -37.96% in the last year.
The Revenue has been growing by 14.42% on average over the past years. This is quite good.
EPS 1Y (TTM)-139.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-135.29%
Revenue 1Y (TTM)-37.96%
Revenue growth 3Y5.79%
Revenue growth 5Y14.42%
Sales Q2Q%-5.86%
3.2 Future
Based on estimates for the next years, CLFD will show a very strong growth in Earnings Per Share. The EPS will grow by 62.73% on average per year.
The Revenue is expected to grow by 14.78% on average over the next years. This is quite good.
EPS Next Y45.7%
EPS Next 2Y62.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.73%
Revenue Next 2Y14.78%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CLFD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for CLFD. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CLFD is valued a bit cheaper than the industry average as 60.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.51 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CLFD's earnings are expected to grow with 62.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.73%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CLFD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CLEARFIELD INC
NASDAQ:CLFD (1/3/2025, 8:00:01 PM)
After market: 33.22 0 (0%)33.22
+1.21 (+3.78%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners67.31%
Inst Owner Change-1.69%
Ins Owners6.59%
Ins Owner Change1.26%
Market Cap474.71M
Analysts82
Price Target46.92 (41.24%)
Short Float %9.57%
Short Ratio8.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)78.84%
Min EPS beat(2)69.04%
Max EPS beat(2)88.63%
EPS beat(4)4
Avg EPS beat(4)50.03%
Min EPS beat(4)17.52%
Max EPS beat(4)88.63%
EPS beat(8)8
Avg EPS beat(8)65.6%
EPS beat(12)12
Avg EPS beat(12)58.04%
EPS beat(16)16
Avg EPS beat(16)56.31%
Revenue beat(2)2
Avg Revenue beat(2)11.43%
Min Revenue beat(2)9.31%
Max Revenue beat(2)13.56%
Revenue beat(4)4
Avg Revenue beat(4)12.74%
Min Revenue beat(4)9.31%
Max Revenue beat(4)15.8%
Revenue beat(8)6
Avg Revenue beat(8)7.57%
Revenue beat(12)10
Avg Revenue beat(12)13.29%
Revenue beat(16)14
Avg Revenue beat(16)13.36%
PT rev (1m)0%
PT rev (3m)-1.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.77%
EPS NY rev (3m)-28.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-22.48%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-4.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.85 | ||
| P/FCF | 37.51 | ||
| P/OCF | 21.36 | ||
| P/B | 1.72 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.85
EYN/A
EPS(NY)-0.46
Fwd EYN/A
FCF(TTM)0.89
FCFY2.67%
OCF(TTM)1.56
OCFY4.68%
SpS11.67
BVpS19.3
TBVpS18.39
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.95% | ||
| ROE | -4.52% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 17.33% | ||
| FCFM | 7.59% |
ROA(3y)8.92%
ROA(5y)10.11%
ROE(3y)13.09%
ROE(5y)13.53%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-26.4%
GM growth 5Y-14.74%
F-Score3
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.41 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 129.09% | ||
| Cap/Sales | 5.74% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 9.43 | ||
| Quick Ratio | 6.69 | ||
| Altman-Z | 8.79 |
F-Score3
WACC9.74%
ROIC/WACCN/A
Cap/Depr(3y)178.64%
Cap/Depr(5y)139.97%
Cap/Sales(3y)4.08%
Cap/Sales(5y)3.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-139.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-135.29%
EPS Next Y45.7%
EPS Next 2Y62.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-37.96%
Revenue growth 3Y5.79%
Revenue growth 5Y14.42%
Sales Q2Q%-5.86%
Revenue Next Year10.73%
Revenue Next 2Y14.78%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-162.26%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year90.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y26.06%
FCF growth 3Y12.66%
FCF growth 5Y0.7%
OCF growth 1Y20.62%
OCF growth 3Y26.8%
OCF growth 5Y8.57%