CLEARFIELD INC (CLFD) Stock Fundamental Analysis
NASDAQ:CLFD - US18482P1030 - Common Stock
31.66 USD
-0.48 (-1.49%)
31.66 USD
0 (0%)
Taking everything into account, CLFD scores 5 out of 10 in our fundamental rating. CLFD was compared to 48 industry peers in the Communications Equipment industry. CLFD has a great financial health rating, but its profitability evaluates not so good. CLFD is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CLFD had positive earnings in the past year.
CLFD had a positive operating cash flow in the past year.
CLFD had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CLFD had a positive operating cash flow.
1.2 Ratios
CLFD has a Return On Assets of 0.06%. This is comparable to the rest of the industry: CLFD outperforms 54.17% of its industry peers.
The Return On Equity of CLFD (0.08%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.06% | ||
| ROE | 0.08% | ||
| 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
With a Profit Margin value of 0.11%, CLFD perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
The Gross Margin of CLFD (26.92%) is worse than 81.25% of its industry peers.
CLFD's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 0.11% | ||
| GM | 26.92% |
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 6.93 indicates that CLFD is not in any danger for bankruptcy at the moment.
CLFD has a Altman-Z score of 6.93. This is amongst the best in the industry. CLFD outperforms 87.50% of its industry peers.
CLFD has a debt to FCF ratio of 0.45. This is a very positive value and a sign of high solvency as it would only need 0.45 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 0.45, CLFD is doing good in the industry, outperforming 77.08% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that CLFD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.03, CLFD is in the better half of the industry, outperforming 64.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.45 | ||
| Altman-Z | 6.93 |
ROIC/WACCN/A
WACC9.92%
2.3 Liquidity
CLFD has a Current Ratio of 5.93. This indicates that CLFD is financially healthy and has no problem in meeting its short term obligations.
CLFD's Current ratio of 5.93 is amongst the best of the industry. CLFD outperforms 91.67% of its industry peers.
A Quick Ratio of 4.43 indicates that CLFD has no problem at all paying its short term obligations.
CLFD's Quick ratio of 4.43 is amongst the best of the industry. CLFD outperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.93 | ||
| Quick Ratio | 4.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 101.61% over the past year.
Looking at the last year, CLFD shows a small growth in Revenue. The Revenue has grown by 5.72% 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)101.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%375%
Revenue 1Y (TTM)5.72%
Revenue growth 3Y5.79%
Revenue growth 5Y14.42%
Sales Q2Q%2.27%
3.2 Future
The Earnings Per Share is expected to grow by 65.83% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.02% on average over the next years. This is quite good.
EPS Next Y118.9%
EPS Next 2Y65.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.5%
Revenue Next 2Y13.02%
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 is valuated quite expensively with a Price/Earnings ratio of 3166.00.
CLFD's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CLFD to the average of the S&P500 Index (26.84), we can say CLFD is valued expensively.
The Price/Forward Earnings ratio is 49.66, which means the current valuation is very expensive for CLFD.
CLFD's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of CLFD to the average of the S&P500 Index (22.48), we can say CLFD is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3166 | ||
| Fwd PE | 49.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CLFD is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, CLFD is valued a bit cheaper than the industry average as 70.83% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.27 | ||
| EV/EBITDA | 96.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CLFD does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as CLFD's earnings are expected to grow with 65.83% in the coming years.
PEG (NY)26.63
PEG (5Y)N/A
EPS Next 2Y65.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CLFD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
31.66
-0.48 (-1.49%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners62.89%
Inst Owner Change4.91%
Ins Owners7.46%
Ins Owner Change0.53%
Market Cap437.22M
Analysts82
Price Target50.24 (58.69%)
Short Float %7.43%
Short Ratio4.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)131.37%
Min EPS beat(2)115.69%
Max EPS beat(2)147.06%
EPS beat(4)4
Avg EPS beat(4)97.58%
Min EPS beat(4)58.55%
Max EPS beat(4)147.06%
EPS beat(8)8
Avg EPS beat(8)73.94%
EPS beat(12)12
Avg EPS beat(12)73.73%
EPS beat(16)16
Avg EPS beat(16)65.58%
Revenue beat(2)2
Avg Revenue beat(2)11.43%
Min Revenue beat(2)2.84%
Max Revenue beat(2)20.03%
Revenue beat(4)3
Avg Revenue beat(4)7.35%
Min Revenue beat(4)-2.78%
Max Revenue beat(4)20.03%
Revenue beat(8)6
Avg Revenue beat(8)8.87%
Revenue beat(12)9
Avg Revenue beat(12)9.26%
Revenue beat(16)13
Avg Revenue beat(16)12.22%
PT rev (1m)7.07%
PT rev (3m)7.07%
EPS NQ rev (1m)-38.46%
EPS NQ rev (3m)10.34%
EPS NY rev (1m)12.5%
EPS NY rev (3m)12.5%
Revenue NQ rev (1m)-2.51%
Revenue NQ rev (3m)-11%
Revenue NY rev (1m)0.58%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3166 | ||
| Fwd PE | 49.66 | ||
| P/S | 2.44 | ||
| P/FCF | 19.27 | ||
| P/OCF | 13.72 | ||
| P/B | 1.65 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 96.96 |
EPS(TTM)0.01
EY0.03%
EPS(NY)0.64
Fwd EY2.01%
FCF(TTM)1.64
FCFY5.19%
OCF(TTM)2.31
OCFY7.29%
SpS12.98
BVpS19.15
TBVpS17.89
PEG (NY)26.63
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.06% | ||
| ROE | 0.08% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 0.11% | ||
| GM | 26.92% | ||
| FCFM | 12.66% |
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-Score8
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.45 | ||
| Debt/EBITDA | 3.17 | ||
| Cap/Depr | 119.28% | ||
| Cap/Sales | 5.12% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 1293.06% | ||
| Profit Quality | 11347% | ||
| Current Ratio | 5.93 | ||
| Quick Ratio | 4.43 | ||
| Altman-Z | 6.93 |
F-Score8
WACC9.92%
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)101.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%375%
EPS Next Y118.9%
EPS Next 2Y65.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.72%
Revenue growth 3Y5.79%
Revenue growth 5Y14.42%
Sales Q2Q%2.27%
Revenue Next Year12.5%
Revenue Next 2Y13.02%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y71.71%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year136.57%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y52.82%
FCF growth 3Y12.66%
FCF growth 5Y0.7%
OCF growth 1Y34.09%
OCF growth 3Y26.8%
OCF growth 5Y8.57%