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CLEARFIELD INC (CLFD) Stock Fundamental Analysis

NASDAQ:CLFD - Nasdaq - US18482P1030 - Common Stock - Currency: USD

43.52  -0.37 (-0.84%)

Fundamental Rating

5

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. No worries on liquidiy or solvency for CLFD as it has an excellent financial health rating, but there are worries on the profitability. CLFD is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

CLFD had negative 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.
CLFD Yearly Net Income VS EBIT VS OCF VS FCFCLFD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M

1.2 Ratios

The Return On Assets of CLFD (-0.60%) is comparable to the rest of the industry.
CLFD has a Return On Equity of -0.70%. This is in the better half of the industry: CLFD outperforms 62.50% of its industry peers.
Industry RankSector Rank
ROA -0.6%
ROE -0.7%
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
CLFD Yearly ROA, ROE, ROICCLFD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

The Gross Margin of CLFD (24.54%) is worse than 81.25% 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 RankSector Rank
OM N/A
PM (TTM) N/A
GM 24.54%
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%
CLFD Yearly Profit, Operating, Gross MarginsCLFD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30 40

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9

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 less shares outstanding
The number of shares outstanding for CLFD has been increased compared to 5 years ago.
Compared to 1 year ago, CLFD has an improved debt to assets ratio.
CLFD Yearly Shares OutstandingCLFD Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
CLFD Yearly Total Debt VS Total AssetsCLFD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

An Altman-Z score of 9.77 indicates that CLFD is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.77, CLFD belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
CLFD has a debt to FCF ratio of 0.42. This is a very positive value and a sign of high solvency as it would only need 0.42 years to pay back of all of its debts.
CLFD has a Debt to FCF ratio of 0.42. This is amongst the best in the industry. CLFD outperforms 81.25% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that CLFD is not too dependend on debt financing.
The Debt to Equity ratio of CLFD (0.02) is better than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.42
Altman-Z 9.77
ROIC/WACCN/A
WACC9.08%
CLFD Yearly LT Debt VS Equity VS FCFCLFD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

A Current Ratio of 6.76 indicates that CLFD has no problem at all paying its short term obligations.
CLFD has a Current ratio of 6.76. This is amongst the best in the industry. CLFD outperforms 91.67% of its industry peers.
CLFD has a Quick Ratio of 4.92. This indicates that CLFD is financially healthy and has no problem in meeting its short term obligations.
CLFD has a better Quick ratio (4.92) than 91.67% of its industry peers.
Industry RankSector Rank
Current Ratio 6.76
Quick Ratio 4.92
CLFD Yearly Current Assets VS Current LiabilitesCLFD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

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5

3. Growth

3.1 Past

CLFD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.00%, which is quite impressive.
Looking at the last year, CLFD shows a decrease in Revenue. The Revenue has decreased by -2.14% in the last year.
Measured over the past years, CLFD shows a quite strong growth in Revenue. The Revenue has been growing by 14.42% on average per year.
EPS 1Y (TTM)44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%122.5%
Revenue 1Y (TTM)-2.14%
Revenue growth 3Y5.79%
Revenue growth 5Y14.42%
Sales Q2Q%27.79%

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 64.74% on average per year.
Based on estimates for the next years, CLFD will show a quite strong growth in Revenue. The Revenue will grow by 13.15% on average per year.
EPS Next Y116.8%
EPS Next 2Y64.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.85%
Revenue Next 2Y13.15%
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.
CLFD Yearly Revenue VS EstimatesCLFD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M 250M
CLFD Yearly EPS VS EstimatesCLFD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 1 2 3

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2

4. Valuation

4.1 Price/Earnings Ratio

CLFD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
CLFD is valuated quite expensively with a Price/Forward Earnings ratio of 71.71.
CLFD's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CLFD is more expensive than 60.42% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CLFD to the average of the S&P500 Index (36.42), we can say CLFD is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 71.71
CLFD Price Earnings VS Forward Price EarningsCLFD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -100 -200 -300

4.2 Price Multiples

The rest of the industry has a similar Price/Free Cash Flow ratio as CLFD.
Industry RankSector Rank
P/FCF 33.58
EV/EBITDA N/A
CLFD Per share dataCLFD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

CLFD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CLFD's earnings are expected to grow with 64.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y64.74%
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

No dividends for CLFD!.
Industry RankSector Rank
Dividend Yield N/A

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CLEARFIELD INC

NASDAQ:CLFD (8/5/2025, 2:31:47 PM)

43.52

-0.37 (-0.84%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)05-08 2025-05-08/amc
Earnings (Next)08-06 2025-08-06/amc
Inst Owners62.88%
Inst Owner Change0.01%
Ins Owners7.45%
Ins Owner Change-1.35%
Market Cap601.88M
Analysts82
Price Target46.92 (7.81%)
Short Float %9.25%
Short Ratio7.81
Dividend
Industry RankSector 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)102.81%
Min EPS beat(2)58.55%
Max EPS beat(2)147.06%
EPS beat(4)4
Avg EPS beat(4)90.82%
Min EPS beat(4)58.55%
Max EPS beat(4)147.06%
EPS beat(8)8
Avg EPS beat(8)90.93%
EPS beat(12)12
Avg EPS beat(12)67.19%
EPS beat(16)16
Avg EPS beat(16)61.09%
Revenue beat(2)1
Avg Revenue beat(2)8.63%
Min Revenue beat(2)-2.78%
Max Revenue beat(2)20.03%
Revenue beat(4)3
Avg Revenue beat(4)10.03%
Min Revenue beat(4)-2.78%
Max Revenue beat(4)20.03%
Revenue beat(8)6
Avg Revenue beat(8)10%
Revenue beat(12)9
Avg Revenue beat(12)11.36%
Revenue beat(16)13
Avg Revenue beat(16)13.18%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)186.96%
EPS NY rev (1m)0%
EPS NY rev (3m)145.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.97%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 71.71
P/S 3.38
P/FCF 33.58
P/OCF 21.63
P/B 2.26
P/tB 2.37
EV/EBITDA N/A
EPS(TTM)-0.14
EYN/A
EPS(NY)0.61
Fwd EY1.39%
FCF(TTM)1.3
FCFY2.98%
OCF(TTM)2.01
OCFY4.62%
SpS12.89
BVpS19.23
TBVpS18.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.6%
ROE -0.7%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 24.54%
FCFM 10.06%
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-Score6
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.42
Debt/EBITDA N/A
Cap/Depr 131.13%
Cap/Sales 5.56%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 6.76
Quick Ratio 4.92
Altman-Z 9.77
F-Score6
WACC9.08%
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)44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%122.5%
EPS Next Y116.8%
EPS Next 2Y64.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.14%
Revenue growth 3Y5.79%
Revenue growth 5Y14.42%
Sales Q2Q%27.79%
Revenue Next Year11.85%
Revenue Next 2Y13.15%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y14.44%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year136.57%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y34.67%
FCF growth 3Y12.66%
FCF growth 5Y0.7%
OCF growth 1Y24.1%
OCF growth 3Y26.8%
OCF growth 5Y8.57%