CLEARWATER ANALYTICS HDS-A (CWAN) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:CWAN • US1851231068

23.86 USD
+0.04 (+0.17%)
Last: Feb 10, 2026, 11:47 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall CWAN gets a fundamental rating of 5 out of 10. We evaluated CWAN against 277 industry peers in the Software industry. Both the profitability and the financial health of CWAN get a neutral evaluation. Nothing too spectacular is happening here. CWAN is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year CWAN was profitable.
  • CWAN had a positive operating cash flow in the past year.
  • In the past 5 years CWAN reported 4 times negative net income.
  • Of the past 5 years CWAN 4 years had a positive operating cash flow.
CWAN Yearly Net Income VS EBIT VS OCF VS FCFCWAN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

  • CWAN has a better Return On Assets (13.12%) than 90.97% of its industry peers.
  • CWAN has a Return On Equity of 19.79%. This is amongst the best in the industry. CWAN outperforms 87.00% of its industry peers.
  • CWAN's Return On Invested Capital of 0.01% is in line compared to the rest of the industry. CWAN outperforms 56.68% of its industry peers.
Industry RankSector Rank
ROA 13.12%
ROE 19.79%
ROIC 0.01%
ROA(3y)10.25%
ROA(5y)-1.97%
ROE(3y)11.01%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CWAN Yearly ROA, ROE, ROICCWAN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

1.3 Margins

  • CWAN has a Profit Margin of 61.25%. This is amongst the best in the industry. CWAN outperforms 93.86% of its industry peers.
  • CWAN's Profit Margin has improved in the last couple of years.
  • CWAN's Operating Margin of 0.04% is in line compared to the rest of the industry. CWAN outperforms 56.68% of its industry peers.
  • In the last couple of years the Operating Margin of CWAN has declined.
  • CWAN's Gross Margin of 68.53% is in line compared to the rest of the industry. CWAN outperforms 49.46% of its industry peers.
  • In the last couple of years the Gross Margin of CWAN has remained more or less at the same level.
Industry RankSector Rank
OM 0.04%
PM (TTM) 61.25%
GM 68.53%
OM growth 3Y-37.9%
OM growth 5Y-35.42%
PM growth 3YN/A
PM growth 5Y82.95%
GM growth 3Y-0.14%
GM growth 5Y0.23%
CWAN Yearly Profit, Operating, Gross MarginsCWAN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CWAN is destroying value.
  • Compared to 1 year ago, CWAN has more shares outstanding
  • The number of shares outstanding for CWAN has been increased compared to 5 years ago.
  • CWAN has a better debt/assets ratio than last year.
CWAN Yearly Shares OutstandingCWAN Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
CWAN Yearly Total Debt VS Total AssetsCWAN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • An Altman-Z score of 4.53 indicates that CWAN is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.53, CWAN is in the better half of the industry, outperforming 74.37% of the companies in the same industry.
  • The Debt to FCF ratio of CWAN is 10.26, which is on the high side as it means it would take CWAN, 10.26 years of fcf income to pay off all of its debts.
  • CWAN has a Debt to FCF ratio of 10.26. This is comparable to the rest of the industry: CWAN outperforms 49.82% of its industry peers.
  • A Debt/Equity ratio of 0.42 indicates that CWAN is not too dependend on debt financing.
  • CWAN's Debt to Equity ratio of 0.42 is on the low side compared to the rest of the industry. CWAN is outperformed by 63.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.42
Debt/FCF 10.26
Altman-Z 4.53
ROIC/WACC0
WACC11.18%
CWAN Yearly LT Debt VS Equity VS FCFCWAN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M 1B

2.3 Liquidity

  • A Current Ratio of 1.97 indicates that CWAN should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.97, CWAN perfoms like the industry average, outperforming 57.40% of the companies in the same industry.
  • CWAN has a Quick Ratio of 1.97. This is a normal value and indicates that CWAN is financially healthy and should not expect problems in meeting its short term obligations.
  • CWAN's Quick ratio of 1.97 is in line compared to the rest of the industry. CWAN outperforms 58.12% of its industry peers.
Industry RankSector Rank
Current Ratio 1.97
Quick Ratio 1.97
CWAN Yearly Current Assets VS Current LiabilitesCWAN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

10

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 23.81% over the past year.
  • CWAN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 110.89% yearly.
  • CWAN shows a strong growth in Revenue. In the last year, the Revenue has grown by 50.91%.
  • Measured over the past years, CWAN shows a very strong growth in Revenue. The Revenue has been growing by 21.88% on average per year.
EPS 1Y (TTM)23.81%
EPS 3YN/A
EPS 5Y110.89%
EPS Q2Q%16.67%
Revenue 1Y (TTM)50.91%
Revenue growth 3Y21.48%
Revenue growth 5Y21.88%
Sales Q2Q%77.08%

3.2 Future

  • CWAN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.07% yearly.
  • CWAN is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 27.52% yearly.
EPS Next Y25.23%
EPS Next 2Y25.51%
EPS Next 3Y26.56%
EPS Next 5Y28.07%
Revenue Next Year63.93%
Revenue Next 2Y45.65%
Revenue Next 3Y35.86%
Revenue Next 5Y27.52%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CWAN Yearly Revenue VS EstimatesCWAN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 500M 1B 1.5B 2B 2.5B
CWAN Yearly EPS VS EstimatesCWAN Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 1 2 3

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 45.88, which means the current valuation is very expensive for CWAN.
  • CWAN's Price/Earnings ratio is in line with the industry average.
  • CWAN's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.06.
  • CWAN is valuated quite expensively with a Price/Forward Earnings ratio of 33.66.
  • CWAN's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of CWAN to the average of the S&P500 Index (27.86), we can say CWAN is valued slightly more expensively.
Industry RankSector Rank
PE 45.88
Fwd PE 33.66
CWAN Price Earnings VS Forward Price EarningsCWAN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as CWAN.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CWAN is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 85.37
EV/EBITDA 129.52
CWAN Per share dataCWAN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • CWAN's earnings are expected to grow with 26.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.82
PEG (5Y)0.41
EPS Next 2Y25.51%
EPS Next 3Y26.56%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • CWAN does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CLEARWATER ANALYTICS HDS-A

NYSE:CWAN (2/10/2026, 11:47:15 AM)

23.86

+0.04 (+0.17%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-05
Earnings (Next)02-18
Inst Owners99.01%
Inst Owner Change-0.38%
Ins Owners0.84%
Ins Owner Change14.87%
Market Cap6.98B
Revenue(TTM)640.38M
Net Income(TTM)392.23M
Analysts78.75
Price Target26.49 (11.02%)
Short Float %8.03%
Short Ratio1.81
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.09%
Min EPS beat(2)-6.22%
Max EPS beat(2)-1.96%
EPS beat(4)2
Avg EPS beat(4)1.93%
Min EPS beat(4)-6.22%
Max EPS beat(4)13.33%
EPS beat(8)5
Avg EPS beat(8)5.62%
EPS beat(12)9
Avg EPS beat(12)8.6%
EPS beat(16)12
Avg EPS beat(16)8.35%
Revenue beat(2)1
Avg Revenue beat(2)0.59%
Min Revenue beat(2)-1.26%
Max Revenue beat(2)2.43%
Revenue beat(4)2
Avg Revenue beat(4)0.92%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)3.06%
Revenue beat(8)4
Avg Revenue beat(8)0.21%
Revenue beat(12)7
Avg Revenue beat(12)0.28%
Revenue beat(16)9
Avg Revenue beat(16)0.28%
PT rev (1m)-9.43%
PT rev (3m)-16.07%
EPS NQ rev (1m)1.24%
EPS NQ rev (3m)1.87%
EPS NY rev (1m)0.45%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-0.08%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.15%
Valuation
Industry RankSector Rank
PE 45.88
Fwd PE 33.66
P/S 10.9
P/FCF 85.37
P/OCF 76.43
P/B 3.52
P/tB 21552
EV/EBITDA 129.52
EPS(TTM)0.52
EY2.18%
EPS(NY)0.71
Fwd EY2.97%
FCF(TTM)0.28
FCFY1.17%
OCF(TTM)0.31
OCFY1.31%
SpS2.19
BVpS6.77
TBVpS0
PEG (NY)1.82
PEG (5Y)0.41
Graham Number8.9
Profitability
Industry RankSector Rank
ROA 13.12%
ROE 19.79%
ROCE 0.01%
ROIC 0.01%
ROICexc 0.01%
ROICexgc 0.03%
OM 0.04%
PM (TTM) 61.25%
GM 68.53%
FCFM 12.77%
ROA(3y)10.25%
ROA(5y)-1.97%
ROE(3y)11.01%
ROE(5y)N/A
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
ROICexgc growth 3Y-67.54%
ROICexgc growth 5Y-60.6%
ROICexc growth 3Y-68.91%
ROICexc growth 5Y-61.61%
OM growth 3Y-37.9%
OM growth 5Y-35.42%
PM growth 3YN/A
PM growth 5Y82.95%
GM growth 3Y-0.14%
GM growth 5Y0.23%
F-Score4
Asset Turnover0.21
Health
Industry RankSector Rank
Debt/Equity 0.42
Debt/FCF 10.26
Debt/EBITDA 13.9
Cap/Depr 16.09%
Cap/Sales 1.49%
Interest Coverage 0.02
Cash Conversion 152.85%
Profit Quality 20.85%
Current Ratio 1.97
Quick Ratio 1.97
Altman-Z 4.53
F-Score4
WACC11.18%
ROIC/WACC0
Cap/Depr(3y)83.6%
Cap/Depr(5y)112.55%
Cap/Sales(3y)1.75%
Cap/Sales(5y)1.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)23.81%
EPS 3YN/A
EPS 5Y110.89%
EPS Q2Q%16.67%
EPS Next Y25.23%
EPS Next 2Y25.51%
EPS Next 3Y26.56%
EPS Next 5Y28.07%
Revenue 1Y (TTM)50.91%
Revenue growth 3Y21.48%
Revenue growth 5Y21.88%
Sales Q2Q%77.08%
Revenue Next Year63.93%
Revenue Next 2Y45.65%
Revenue Next 3Y35.86%
Revenue Next 5Y27.52%
EBIT growth 1Y-97.99%
EBIT growth 3Y-24.56%
EBIT growth 5Y-21.29%
EBIT Next Year80.92%
EBIT Next 3Y44.09%
EBIT Next 5Y35.59%
FCF growth 1Y12.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y16.14%
OCF growth 3Y180.71%
OCF growth 5YN/A

CLEARWATER ANALYTICS HDS-A / CWAN FAQ

What is the ChartMill fundamental rating of CLEARWATER ANALYTICS HDS-A (CWAN) stock?

ChartMill assigns a fundamental rating of 5 / 10 to CWAN.


What is the valuation status for CWAN stock?

ChartMill assigns a valuation rating of 2 / 10 to CLEARWATER ANALYTICS HDS-A (CWAN). This can be considered as Overvalued.


What is the profitability of CWAN stock?

CLEARWATER ANALYTICS HDS-A (CWAN) has a profitability rating of 5 / 10.


Can you provide the financial health for CWAN stock?

The financial health rating of CLEARWATER ANALYTICS HDS-A (CWAN) is 4 / 10.