Clearfield, Inc. logo CLFD - Clearfield, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 0
SELL 1
STRONG
SELL
0
| PRICE TARGET: $44.00 DETAILS
HIGH: $44.00
LOW: $44.00
MEDIAN: $44.00
CONSENSUS: $44.00
DOWNSIDE: 6.46%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 150.1 125.6 225.7 270.9 140.8 93.1 85.0 77.7 73.9 75.3 60.3 58.0 53.4 37.5 35.2 24.4 24.9 23.5 10.3 15.7 13.9 11.9 0.4 0.6 0.9 0.4 0.7 2.2 2.8 2.5 2 2.1 2.4
Cost of Revenue 99.6 99.7 145.9 157.9 79.6 55.2 52.3 46.7 43.7 42.4 35.5 33.4 31.4 22.2 20.5 15.2 16.1 15.6 7.1 12.2 11.2 11.9 2.8 3.5 2.2 2.7 1.8 1.9 1.5 1.6 1.3 1.2 1.6
Gross Profit 50.5 25.8 79.9 112.9 61.2 37.9 32.7 31.0 30.3 32.9 24.9 24.6 22.0 15.3 14.7 9.1 8.9 7.9 3.2 3.5 2.7 (0.0) (2.4) (2.9) (1.4) (2.3) (1.1) 0.3 1.3 0.9 0.7 0.9 0.8
Operating Expenses
R&D Expenses 0 0 0 0.9 1.2 1.3 1.1 0.8 0.9 0.8 0.8 0.7 0 0 0 0 0 0 0 1.4 1.1 0.9 1.2 1.1 1.2 0.3 0.4 0.3 0.4 0.1 0 0.3 0
SG&A Expenses 48.4 45.1 42.3 47.5 35.9 29.5 27.5 25.9 25.0 22.1 17.8 16.1 14.5 11.0 11.0 8.0 7.6 6.9 3.7 6.8 5.4 5.6 1.8 1.7 1.9 0.8 0.7 0.6 0.6 0.5 0.8 0.8 0.8
Other Expenses 0 0 0 0.7 (1.2) (1.3) (1.1) (0.8) (0.9) (0.8) (0.8) (0.7) 0 0 0 0 0.0 0 (0.0) (1.2) 0 0 0 0 0.4 0.4 0.4 0.4 0.5 0.5 0.4 0.5 0.5
Operating Expenses 48.4 45.1 42.3 49.1 35.9 29.5 27.5 25.9 25.0 22.1 17.8 16.1 14.5 11.0 11.0 8.0 7.7 6.9 3.7 7.0 6.5 6.6 3.0 2.8 3.5 1.5 1.5 1.3 1.5 1.1 1.2 1.6 1.3
Operating Income
Operating Income 2.1 (19.2) 37.6 63.8 25.2 8.4 5.2 5.1 5.3 10.7 7.1 8.5 7.4 4.3 3.7 1.1 1.2 1.0 (0.5) (3.5) (3.8) (6.6) (5.3) (5.8) (4.8) (3.8) (2.6) (1) (0.2) (0.2) (0.5) (0.7) (0.5)
Interest Expense 0 0 0.2 0.3 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0 0.8 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0.5 0.8 0.7 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 14.8 (5.8) 47.4 67.2 28.0 11.6 8.1 7.1 6.9 12.2 8.3 9.2 7.9 4.7 4.2 1.8 1.9 1.5 (0.2) (0.8) (1.9) (2.4) (5.8) (4.5) (5.1) (4.4) (2.4) (2.2) (0.6) 0.3 (0.1) (0.1) (0.2)
EBIT 8.7 (11.8) 42.8 64.1 25.7 9.2 5.9 5.1 5.3 10.9 7.1 8.5 7.4 4.3 3.7 1.3 1.4 1.0 (0.5) (1.4) (1.3) (3.6) (6.8) (5.3) (5.8) (4.8) 0 (2.6) (1) (0.2) (0.5) (0.5) (0.7)
Income Before Tax 8.7 (11.8) 42.6 63.8 25.7 9.2 5.9 5.5 5.6 10.9 7.2 8.6 7.5 4.4 3.9 1.3 1.4 1.3 (0.3) (3.1) (3.4) (6.5) (5.0) (4.7) (3.0) (3.8) (2.4) (0.7) 0.1 (0.2) 0 0 0
Income Tax Expense 2.4 (3.2) 8.9 14.5 5.4 1.9 1.4 1.3 1.7 2.9 2.5 3.2 2.8 (3.3) (2.3) 0.1 (2.4) 0.1 0.1 0.3 0.0 0.0 0.0 0.0 0.0 0.0 (0.3) (0.3) 0.1 (0.2) 0 0.1 0.1
Net Income (8.1) (12.5) 32.5 49.4 20.3 7.3 4.6 4.3 3.8 8.0 4.7 5.4 4.7 7.7 6.2 1.2 3.8 1.5 (1.3) (3.3) (3.4) (6.5) (5.0) (4.7) (3.0) (3.8) (2.5) (1) 0 (0.1) (0.5) (0.8) (0.6)
Per Share Data
EPS (Basic) -0.58 -0.85 2.17 3.58 1.48 0.53 0.34 0.32 0.28 0.60 0.35 0.42 0.38 0.62 0.51 0.10 0.32 0.13 -0.11 -0.28 -0.29 -0.55 -0.42 -0.40 -0.26 -0.43 -0.29 -0.12 -0.10 -0.01 -0.06 -0.11 -0.09
EPS (Diluted) -0.58 -0.85 2.17 3.55 1.47 0.53 0.34 0.32 0.28 0.59 0.34 0.40 0.36 0.60 0.48 0.09 0.31 0.13 -0.11 -0.28 -0.29 -0.55 -0.42 -0.40 -0.26 -0.43 -0.29 -0.12 -0.10 -0.01 -0.06 -0.11 -0.09
Shares Outstanding 14.0 14.6 15.0 13.8 13.7 13.6 13.4 13.4 13.5 13.4 13.2 12.9 12.5 12.4 12.1 12.0 11.9 11.9 11.9 11.9 11.9 11.9 11.9 11.9 11.2 8.7 8.5 8.4 10 7.7 8.3 7.3 6.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 21.5 14.1 37.8 16.6 13.2 16.4 10.1 8.5 18.5 28.0 4.7 4.3 13.5 22.2 29.0 21.2 5.9 2.8 4.2 3.2 4.5 1.9 0.4 0.3
Short-Term Investments 84.5 114.8 130.3 5.8 10.4 10.6 13.5 8.9 5.9 5.5 2.1 0 0 0 0 15.8 0 0 0 0 0 0 0 0
Net Receivables 18.0 13.8 28.4 53.7 19.4 10.5 9.1 12.8 7.2 8.0 2.7 2.5 1.4 1.8 0.0 0.0 0.4 0.1 0.1 0.3 0.8 0.8 0.4 0.4
Inventory 42.0 56.1 98.1 82.2 27.5 14.4 9.0 10.1 8.5 8.4 1.2 2.1 1.6 1.4 0.0 0.4 0.3 0.2 0.2 0.1 0.1 0.2 0.4 0.3
Other Current Assets 32.5 30.7 1.7 1.8 1.0 0.6 0.8 0.7 1.0 1.2 0.2 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0.2
Total Current Assets 198.5 229.6 296.3 160.1 71.5 52.5 42.5 41.1 41.1 51.1 10.9 9.1 17.0 24.3 29.1 37.9 6.5 3.2 4.6 3.7 5.5 2.9 1.2 1.2
Non-Current Assets
Property, Plant & Equipment 18.1 26.8 35.4 31.5 7.3 7.6 5.4 4.7 5.4 5.8 1.3 1.6 4.6 4.0 3.6 3.2 2.5 2.6 2.6 2.6 1.2 1.3 1.6 2.2
Goodwill 4.7 4.7 6.5 6.4 4.7 4.7 4.7 4.7 2.6 2.6 2.6 2.6 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 9.4 4.7 6.1 6.4 4.7 4.8 5.1 5.5 0.3 0 0 0 3.4 2.6 0 0.1 0 0 0 0 0 0 0 0
Long-Term Investments 59.8 24.5 6.3 22.7 36.9 25.1 23.9 18.0 19.8 10.7 2.8 3 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 5.4 18.8 1.9 0.6 0.4 0.3 0.2 0.2 0.5 0.4 0.6 0.6 0.9 0.9 0.6 0.7 0.6 1 1 2.8 2.9 0.5 0.5 0.4
Total Non-Current Assets 107.7 85.7 59.3 69.0 54.4 42.8 39.4 33.1 28.4 19.5 9.5 7.9 8.9 7.5 4.2 4.0 3.1 3.6 3.6 5.4 4.1 1.8 2.1 2.6
Total Assets 306.2 315.3 355.5 229.1 125.9 95.3 81.9 74.2 69.5 70.6 20.4 17.0 25.8 31.8 33.3 41.9 9.6 6.8 8.2 9.1 9.6 4.7 3.3 3.8
Current Liabilities
Account Payables 7.0 2.8 8.9 24.1 9.2 3.7 3.2 2.4 1.7 2.6 1.2 1.8 0.8 1.1 0.1 0.1 0.5 0.1 0.1 0.1 0.1 0.1 0 0.1
Short-Term Debt 0 0 2.1 4.4 0 0 0 0 0 0 0.0 0.1 1.5 1.8 1.8 2.0 2.3 0.1 0.1 0.2 0.2 0.1 0.1 0.1
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 24.6 16.8 11.9 13.6 8.7 4.9 3.2 2.0 2.4 4.7 0 0 0 0.3 0 0 0 0.1 0.1 0.1 0 0 0.1 0
Total Current Liabilities 36.6 24.4 29.0 51.7 20.5 10.4 6.6 5.0 4.2 7.3 2.5 3.1 3.3 2.6 2.1 3.1 0.4 0.3 0.3 0.4 0.3 0.2 0.2 0.2
Non-Current Liabilities
Long-Term Debt 0 2.2 0 18.7 0 0 0 0 0 0 0 0.0 0.1 0.3 0.2 0.5 2.9 3.1 3.2 3.5 4 0.3 0.5 0.5
Deferred Tax Liabilities 0 0.2 0.7 0.8 0 0 0.1 0.1 0.4 0.4 2.2 0.2 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 7.5 4.0 0 0 0 0 0.2 0.3 0.3 0.2 0 0.1 0 (0.0) 0 0 0 0 0 0 0.1 0 0 0.1
Total Non-Current Liabilities 13.4 15.2 11.3 29.9 1.6 2.1 0.3 0.4 0.7 0.7 0.1 0.3 0.1 0.3 0.2 0.5 0.5 3.1 3.2 3.5 4.1 0.3 0.5 0.6
Total Liabilities 50.0 39.5 40.4 81.5 22.1 12.5 7.0 5.4 5.0 8.0 2.6 3.4 3.5 2.9 2.3 3.6 3.3 3.4 3.5 3.9 4.4 0.5 0.7 0.8
Stockholders' Equity
Common Stock 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0 0 0 0 0
Retained Earnings 106.9 115.0 127.3 94.8 45.4 25.1 17.8 13.3 9.0 5.1 (34.6) (38.4) (29.7) (23.2) (20.8) (13.5) (10.2) (6.4) (5) (3.1) (3) (2.8) (2.6) (1.8)
Accumulated Other Comprehensive Income 1.7 1.1 (0.5) (1.9) 0 0 0 (6.9) (6.1) (4.9) 0 (0.3) (5.0) (5.1) 0 (4.4) (4.2) (3.9) (3.7) (0.1) (0.2) (0.2) (2.2) (1.8)
Total Stockholders' Equity 256.2 275.8 315.2 147.6 103.8 82.8 74.9 68.9 64.5 62.6 17.8 13.6 22.4 28.9 31.0 38.3 6.3 3.4 4.7 5.2 5.2 4.2 2.6 3
Total Liabilities & Equity 306.2 315.3 355.5 229.1 125.9 95.3 81.9 74.2 69.5 70.6 20.4 17.0 25.8 31.8 33.3 41.9 9.6 6.8 8.2 9.1 9.6 4.7 3.3 3.8
Debt Metrics
Total Debt 8.8 13.5 16.5 36.9 2.5 2.8 0 0 0 0 0.0 0.1 1.6 2.2 2.0 2.5 2.8 3.2 3.3 3.7 4.2 0.4 0.6 0.6
Net Debt (12.7) (0.6) (21.3) 20.2 (10.7) (13.7) (10.1) (8.5) (18.5) (28.0) (4.7) (4.2) (9.2) (20.1) (26.9) (29.1) (18.4) 0.4 (0.9) 0.5 (0.3) (1.5) 0.2 0.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income (8.1) (12.5) 32.5 49.4 20.3 7.3 4.6 4.3 3.8 8.0 (3.4) (6.5) (5.0) (4.7) (3.0) (3.8) (2.5) (1) 0 (0.1) (0.5) (0.8) (0.6)
Depreciation & Amortization 4.3 7.4 6.1 3.4 2.3 2.4 2.2 2.0 1.6 1.4 1.0 1.0 0.8 0.7 0.4 0.4 0.4 0.4 0.5 0.5 0.4 0.5 0.5
Stock-Based Compensation 4.6 4.6 3.6 2.3 1.3 0.8 1.7 2.0 2.3 1.4 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 15.8 31.1 (16.5) (53.8) (13.0) (3.5) 6.1 (3.4) (2.2) (1.7) 0.4 (0.0) (0.5) 0.3 0.2 (0.1) 0.1 0.1 0.3 1.9 0.1 0.1 0.3
Other Non-Cash Items 17.0 (4.4) (3.5) (0.0) 0.2 (0.1) 0.1 (0.0) 0.7 0.0 (0.0) (0.0) (0.0) 0.0 0.1 0 0 0 (0.2) (2.1) 0 0.2 (0.2)
Operating Cash Flow 29.4 22.2 20.0 1.0 10.9 6.7 14.7 4.5 6.3 11.6 (2.0) (5.6) (4.7) (3.8) (2.2) (3.5) (2) (0.5) 0.6 0.2 0 0 0
Investing Activities
Capital Expenditure (4.7) (9.6) (8.4) (9.1) (2.0) (1.8) (2.5) (1.2) (2.0) (1.6) (0.4) (0.8) (0.4) (1.1) (1.1) (0.2) (0.2) (0.9) (1.3) (0.1) (0.1) 0 (0.1)
Acquisitions 0 0.0 103.9 (16.2) 11.6 (1.8) 10.5 (10.3) 0.1 0.1 (0.0) (2.0) (3.8) 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (119.1) (159.4) (210.9) (0.2) (24.8) (34.1) (20.3) (7.3) (17.6) (8.1) 0 0 0 0 (15.8) 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 115.9 162.1 107.1 17.4 13.3 35.8 9.9 6.1 8.1 8.1 0 0 0 15.8 0 0 0 0 0 0 0 0 0
Other Investing Activities (0.9) (0.0) (103.9) 0 (11.6) 1.8 (10.5) 0.1 (0.1) (0.1) 0 (0.0) (0.1) (0.1) (0.1) 0 0 0 0 0 0 0 0
Investing Cash Flow (8.8) (6.9) (112.2) (8.2) (13.6) (0.0) (13.0) (12.6) (11.5) (1.6) (0.5) (2.8) (4.3) 14.6 (17.0) (0.2) (0.2) (0.9) (1.3) (0.1) (0.1) 0 (0.1)
Financing Activities
Net Debt Issuance 0 (3.6) (16.7) 16.7 0 0 0 0 0 0 (0.1) (0.2) (0.4) (0.4) (0.4) (0.2) 0 (0.4) (0.2) 3.4 0 (0.1) (0.2)
Stock Repurchased (16.7) (33.9) (0.6) (1.4) (0.5) (0.4) 0 (1.8) (3.6) (0.3) 0 0 (0.0) (0.0) (5.0) (5.0) 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 1.8 (0.0) 0.5 (6.6) (0.5) (0.2) (0.6) (0.5) (1.0) (0.4) (0.1) (0.1) (0.1) (0.0) 35.0 (27.8) (0.2) 3.1 1.1 (3) 0.2 (0.4) 0.3
Financing Cash Flow (14.2) (36.9) 113.4 10.7 (0.5) (0.2) (0.2) (1.9) (4.2) 0.0 (0.2) (0.3) (0.4) (0.5) 34.5 6.9 (0.2) 2.7 2.3 1.7 0.2 (0.2) 0.1
Cash Position
Net Change in Cash 7.3 (21.7) 21.2 3.4 (3.2) 6.4 1.5 (10.0) (9.5) 9.9 (2.7) (8.7) (9.4) 10.4 15.3 3.1 (2.4) 1.3 1.6 1.8 0.1 (0.2) 0
Cash at Beginning 14.1 37.8 16.6 13.2 16.4 10.1 8.5 18.5 28.0 18.1 13.5 22.2 31.6 21.2 5.9 2.8 5.2 3.9 2.3 0.4 0.3 0.5 0.5
Cash at End 21.5 16.2 37.8 16.6 13.2 16.4 10.1 8.5 18.5 28.0 10.8 13.5 22.2 31.6 21.2 5.9 2.8 5.2 3.9 2.2 0.4 0.3 0.5
Free Cash Flow 24.7 12.7 11.6 (8.1) 8.9 4.8 12.2 3.4 4.3 9.9 (2.4) (6.4) (5.0) (4.8) (3.4) (3.7) (2.2) (1.4) (0.7) 0.1 (0.1) 0 (0.1)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 150.1 125.6 225.7 270.9 140.8 93.1 85.0 77.7 73.9 75.3 60.3 58.0 53.4 37.5 35.2 24.4 24.9 23.5 10.3 15.7 13.9 11.9 0.4 0.6 0.9 0.4 0.7 2.2 2.8 2.5 2 2.1 2.4
Gross Profit 50.5 25.8 79.9 112.9 61.2 37.9 32.7 31.0 30.3 32.9 24.9 24.6 22.0 15.3 14.7 9.1 8.9 7.9 3.2 3.5 2.7 (0.0) (2.4) (2.9) (1.4) (2.3) (1.1) 0.3 1.3 0.9 0.7 0.9 0.8
Operating Income 2.1 (19.2) 37.6 63.8 25.2 8.4 5.2 5.1 5.3 10.7 7.1 8.5 7.4 4.3 3.7 1.1 1.2 1.0 (0.5) (3.5) (3.8) (6.6) (5.3) (5.8) (4.8) (3.8) (2.6) (1) (0.2) (0.2) (0.5) (0.7) (0.5)
Net Income (8.1) (12.5) 32.5 49.4 20.3 7.3 4.6 4.3 3.8 8.0 4.7 5.4 4.7 7.7 6.2 1.2 3.8 1.5 (1.3) (3.3) (3.4) (6.5) (5.0) (4.7) (3.0) (3.8) (2.5) (1) 0 (0.1) (0.5) (0.8) (0.6)
EPS (Diluted) -0.58 -0.85 2.17 3.55 1.47 0.53 0.34 0.32 0.28 0.59 0.34 0.40 0.36 0.60 0.48 0.09 0.31 0.13 -0.11 -0.28 -0.29 -0.55 -0.42 -0.40 -0.26 -0.43 -0.29 -0.12 -0.10 -0.01 -0.06 -0.11 -0.09
Balance Sheet
Cash & Equivalents 21.5 14.1 37.8 16.6 13.2 16.4 10.1 8.5 18.5 28.0 4.7 4.3 13.5 22.2 29.0 21.2 5.9 2.8 4.2 3.2 4.5 1.9 0.4 0.3
Total Assets 306.2 315.3 355.5 229.1 125.9 95.3 81.9 74.2 69.5 70.6 20.4 17.0 25.8 31.8 33.3 41.9 9.6 6.8 8.2 9.1 9.6 4.7 3.3 3.8
Total Debt 8.8 13.5 16.5 36.9 2.5 2.8 0 0 0 0 0.0 0.1 1.6 2.2 2.0 2.5 2.8 3.2 3.3 3.7 4.2 0.4 0.6 0.6
Stockholders' Equity 256.2 275.8 315.2 147.6 103.8 82.8 74.9 68.9 64.5 62.6 17.8 13.6 22.4 28.9 31.0 38.3 6.3 3.4 4.7 5.2 5.2 4.2 2.6 3
Cash Flow
Operating Cash Flow 29.4 22.2 20.0 1.0 10.9 6.7 14.7 4.5 6.3 11.6 (2.0) (5.6) (4.7) (3.8) (2.2) (3.5) (2) (0.5) 0.6 0.2 0 0 0
Capital Expenditure (4.7) (9.6) (8.4) (9.1) (2.0) (1.8) (2.5) (1.2) (2.0) (1.6) (0.4) (0.8) (0.4) (1.1) (1.1) (0.2) (0.2) (0.9) (1.3) (0.1) (0.1) 0 (0.1)
Free Cash Flow 24.7 12.7 11.6 (8.1) 8.9 4.8 12.2 3.4 4.3 9.9 (2.4) (6.4) (5.0) (4.8) (3.4) (3.7) (2.2) (1.4) (0.7) 0.1 (0.1) 0 (0.1)