CLEARFIELD INC (CLFD)
US18482P1030 - Common Stock
CLFD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 54 industry peers in the Communications Equipment industry. CLFD is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. CLFD has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CLFD has reported negative net income.
CLFD had a positive operating cash flow in the past year.
In the past 5 years CLFD has always been profitable.
CLFD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CLFD has a Return On Assets (-1.03%) which is comparable to the rest of the industry.
CLFD has a better Return On Equity (-1.17%) than 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.03% | ||
| ROE | -1.17% | ||
| ROIC | N/A |
ROA(3y)15.61%
ROA(5y)12.02%
ROE(3y)21.12%
ROE(5y)15.66%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of CLFD has grown nicely.
CLFD's Operating Margin has improved in the last couple of years.
CLFD has a Gross Margin of 21.19%. This is amonst the worse of the industry: CLFD underperforms 90.74% of its industry peers.
CLFD's Gross Margin has declined in the last couple of years.
CLFD does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 21.19% |
OM growth 3Y15.43%
OM growth 5Y16.15%
PM growth 3Y15.58%
PM growth 5Y16.95%
GM growth 3Y-7.97%
GM growth 5Y-4.47%
2. Health
2.1 Basic Checks
CLFD does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CLFD has more shares outstanding
The number of shares outstanding for CLFD has been increased compared to 5 years ago.
CLFD has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 10.76 indicates that CLFD is not in any danger for bankruptcy at the moment.
CLFD has a Altman-Z score of 10.76. This is amongst the best in the industry. CLFD outperforms 96.30% of its industry peers.
The Debt to FCF ratio of CLFD is 1.25, which is an excellent value as it means it would take CLFD, only 1.25 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CLFD (1.25) is better than 81.48% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that CLFD is not too dependend on debt financing.
CLFD has a Debt to Equity ratio of 0.02. This is in the better half of the industry: CLFD outperforms 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 1.25 | ||
| Altman-Z | 10.76 |
ROIC/WACCN/A
WACC9.52%
2.3 Liquidity
A Current Ratio of 9.76 indicates that CLFD has no problem at all paying its short term obligations.
CLFD's Current ratio of 9.76 is amongst the best of the industry. CLFD outperforms 96.30% of its industry peers.
CLFD has a Quick Ratio of 6.58. This indicates that CLFD is financially healthy and has no problem in meeting its short term obligations.
CLFD has a better Quick ratio (6.58) than 98.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.76 | ||
| Quick Ratio | 6.58 |
3. Growth
3.1 Past
The earnings per share for CLFD have decreased strongly by -106.56% in the last year.
CLFD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 46.64% yearly.
Looking at the last year, CLFD shows a very negative growth in Revenue. The Revenue has decreased by -43.80% in the last year.
The Revenue has been growing by 28.17% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-106.56%
EPS 3Y59.98%
EPS 5Y46.64%
EPS Q2Q%-159.7%
Revenue 1Y (TTM)-43.8%
Revenue growth 3Y42.38%
Revenue growth 5Y28.17%
Sales Q2Q%-48.6%
3.2 Future
The Earnings Per Share is expected to decrease by -44.06% on average over the next years. This is quite bad
CLFD is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -14.40% yearly.
EPS Next Y-162.87%
EPS Next 2Y-44.06%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-41.61%
Revenue Next 2Y-14.4%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CLFD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year CLFD is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as CLFD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 83.84 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as CLFD's earnings are expected to decrease with -44.06% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-44.06%
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 (5/31/2024, 7:00:00 PM)
After market: 38.26 0 (0%)38.26
+0.52 (+1.38%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap544.44M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.03% | ||
| ROE | -1.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 21.19% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 9.76 | ||
| Quick Ratio | 6.58 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-106.56%
EPS 3Y59.98%
EPS 5Y
EPS Q2Q%
EPS Next Y-162.87%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-43.8%
Revenue growth 3Y42.38%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y