Clearfield Net Worth

Clearfield Net Worth Breakdown

  CLFD
The net worth of Clearfield is the difference between its total assets and liabilities. Clearfield's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Clearfield's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Clearfield's net worth can be used as a measure of its financial health and stability which can help investors to decide if Clearfield is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Clearfield stock.

Clearfield Net Worth Analysis

Clearfield's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Clearfield's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Clearfield's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Clearfield's net worth analysis. One common approach is to calculate Clearfield's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Clearfield's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Clearfield's net worth. This approach calculates the present value of Clearfield's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Clearfield's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Clearfield's net worth. This involves comparing Clearfield's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Clearfield's net worth relative to its peers.

Enterprise Value

6.55 Million

To determine if Clearfield is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Clearfield's net worth research are outlined below:
Clearfield generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 166.71 M. Net Loss for the year was (12.45 M) with profit before overhead, payroll, taxes, and interest of 112.95 M.
About 65.0% of the company shares are held by institutions such as insurance companies
Latest headline from gurufocus.com: Clearfield Inc Shares Up 2.79 percent on Nov 29

Clearfield Quarterly Good Will

6.63 Million

Clearfield uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Clearfield. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Clearfield's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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14th of November 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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30th of September 2023
Last Financial Announcement
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Know Clearfield's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Clearfield is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Clearfield backward and forwards among themselves. Clearfield's institutional investor refers to the entity that pools money to purchase Clearfield's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Segall Bryant & Hamill2024-09-30
249.1 K
Morgan Stanley - Brokerage Accounts2024-06-30
243 K
Goldman Sachs Group Inc2024-06-30
238.6 K
Punch & Associates Inv Mgmt Inc2024-09-30
218.5 K
Divisadero Street Capital Management, Lp2024-09-30
209 K
Marshall Wace Asset Management Ltd2024-06-30
182.3 K
Federated Hermes Inc2024-09-30
177.5 K
G2 Investment Partners Management Llc2024-09-30
152.7 K
Dana Investment Advisors Inc2024-09-30
123.3 K
Blackrock Inc2024-06-30
M
Vanguard Group Inc2024-09-30
955 K
Note, although Clearfield's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Clearfield's market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 437.23 M.

Market Cap

13.76 Million

Project Clearfield's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.04)(0.21)
Return On Capital Employed(0.08)(0.22)
Return On Assets(0.04)(0.17)
Return On Equity(0.05)(0.21)
The company has Profit Margin (PM) of (0.07) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.06) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.06.
When accessing Clearfield's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Clearfield's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Clearfield's profitability and make more informed investment decisions.
Please note, the presentation of Clearfield's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Clearfield's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Clearfield's management manipulating its earnings.

Evaluate Clearfield's management efficiency

Clearfield has return on total asset (ROA) of (0.0433) % which means that it has lost $0.0433 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0422) %, meaning that it created substantial loss on money invested by shareholders. Clearfield's management efficiency ratios could be used to measure how well Clearfield manages its routine affairs as well as how well it operates its assets and liabilities. As of December 1, 2024, Return On Tangible Assets is expected to decline to -0.21. In addition to that, Return On Capital Employed is expected to decline to -0.22. At present, Clearfield's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 11.1 M, whereas Intangible Assets are forecasted to decline to about 3.3 M.
Last ReportedProjected for Next Year
Book Value Per Share 18.91  1.31 
Tangible Book Value Per Share 18.02  1.02 
Enterprise Value Over EBITDA(68.39)(8.89)
Price Book Value Ratio 2.06  0.93 
Enterprise Value Multiple(68.39)(8.89)
Price Fair Value 2.06  0.93 
Enterprise Value6.9 M6.6 M
The strategic decisions made by Clearfield management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Enterprise Value Revenue
1.9471
Revenue
166.7 M
Quarterly Revenue Growth
(0.06)
Revenue Per Share
11.432
Return On Equity
(0.04)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Clearfield insiders, such as employees or executives, is commonly permitted as long as it does not rely on Clearfield's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Clearfield insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Clearfield Corporate Filings

8K
26th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
19th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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10K
15th of November 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
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10Q
6th of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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Clearfield time-series forecasting models is one of many Clearfield's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Clearfield's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Clearfield Earnings per Share Projection vs Actual

Clearfield Corporate Management

Kevin MorganChief Marketing OfficerProfile
Allen GriserChief OfficerProfile
Bob CodyVice ManagementProfile
Frank BrixiusGeneral SecretaryProfile
Skip HansenChief OfficerProfile
Daniel HerzogChief OfficerProfile
John HillChief OfficerProfile
When determining whether Clearfield is a strong investment it is important to analyze Clearfield's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clearfield's future performance. For an informed investment choice regarding Clearfield Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearfield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clearfield. If investors know Clearfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clearfield listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(0.85)
Revenue Per Share
11.432
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.04)
The market value of Clearfield is measured differently than its book value, which is the value of Clearfield that is recorded on the company's balance sheet. Investors also form their own opinion of Clearfield's value that differs from its market value or its book value, called intrinsic value, which is Clearfield's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clearfield's market value can be influenced by many factors that don't directly affect Clearfield's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clearfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearfield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.