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CLFD

121.82USD-4.07(-3.23%)Market Closed

Clearfield Inc

Market Summary

USD121.82-4.07Market Closed
-3.23%

CLFD Alerts

CLFD Stock Price

RSI Chart

Valuation

Market Cap

1.7B

Price/Earnings

42.45

Price/Sales

7.64

Price/Cashflow

-259.78

MarketCap/EBT

32.91

Price/Sales

Profitability

Operating Margin

43.05%

EBT Margin

23.22%

Return on Equity

29.1%

Return on Assets

22.36%

Fundamentals

Revenue

Revenue (TTM)

270.9M

Revenue Y/Y

110.07%

Revenue Q/Q

33.37%

Earnings

Earnings (TTM)

49.4M

Earnings Y/Y

128.81%

Earnings Q/Q

33.32%

Price Action

52 Week Range

44.15134.90
(Low)(High)

Last 7 days

-6.9%

Last 30 days

5.1%

Last 90 days

22.1%

Trailing 12 Months

89.4%

Financial Health

Current Ratio

3.91

Investor Care

Shares Dilution (1Y)

0.63%

Diluted EPS (TTM)

3.55

Peers (Alternatives to Clearfield)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
187.5B
52.3B
11.51% -8.71%
15.88
3.64
2.95% 0.92%
41.7B
8.5B
13.67% 9.13%
34.7
4.93
7.28% 4.25%
37.0B
3.9B
8.00% 9.54%
35.71
10.55
41.78% 48.45%
21.2B
1.7B
-9.97% -0.08%
55.88
12.51
-10.87% -42.64%
MID-CAP
8.7B
2.7B
10.41% -32.33%
25.19
3.23
3.55% -2.74%
7.1B
3.7B
-3.22% -27.42%
35.96
1.93
8.67% -56.95%
5.1B
1.8B
-24.88% -35.54%
25.63
2.98
1.85% -71.58%
3.1B
2.8B
-11.80% -19.24%
-74.54
1.11
8.62% -195.17%
2.8B
8.9B
-33.33% -15.72%
-6.78
0.32
3.52% -19.87%
SMALL-CAP
1.9B
821.4M
6.86% 8.53%
-136.61
3
52.40% -2802.70%
1.2B
1.5B
28.49% -16.73%
-6.72
0.85
7.91% 3.43%
1.0B
2.0B
-10.44% -36.36%
15.97
0.5
3.03% -62.82%
570.4M
934.6M
10.22% -23.17%
-9.98
0.58
-27.21% -178.61%
528.2M
291.1M
21.37% -11.72%
77.7
1.85
-14.37% -75.02%

Financials for Clearfield

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue22.5%271221189165141
Cost Of Revenue25.4%1581261069280
Gross Profit18.7%11395837361
  S&GA Expenses11.1%4944413836
Earnings Before Taxes24.3%6451433526
Net Income24.0%4940332820
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets28.8%229178160138126
  Current Assets33.4%160120998472
    Cash Equivalents17.3%1714141313
  Inventory18.6%8269614428
  Net PPE90.5%1810975
  Goodwill36.0%65555
Liabilities98.1%8241372322
  Current Liabilities68.4%5231252220
Shareholder's Equity7.9%148137123114104
  Retained Earnings21.8%9578655645
  Additional Paid-In Capital-8.8%5560595958
Accumulated Depreciation-10----
Shares Outstanding0.3%1414141414
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations115.4%1,001-6,503.32-7,078.818,15310,903
  Share Based Compensation19.3%2,3391,9611,6671,4311,280
Cashflow From Investing-8908.4%-8,197.00-90.99-824.45-13,997.76-13,599.76
Cashflow From Financing2153.8%10,655-518.80-512.18-623.43-536.43
  Buy Backs-0
* denotes actual numbers (not divided by Thousands)

Risks

What is the probability of a big loss on CLFD?

90.8%


Probability that Clearfield stock will be more than 20% underwater in next one year

65.4%


Probability that Clearfield stock will be more than 30% underwater in next one year.

23.5%


Probability that Clearfield stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CLFD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Clearfield was unfortunately bought at previous high price.

Returns

Cumulative Returns on CLFD

38.5%


10-Year Cumulative Returns

37.9%


7-Year Cumulative Returns

54.0%


5-Year Cumulative Returns

106.2%


3-Year Cumulative Returns

What are the long-term rolling returns for CLFD?

FIve years rolling returns for Clearfield.

Which funds bought or sold CLFD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
291,000
291,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.88
598,000
1,532,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-1,000
-
-%
2022-11-15
Laurel Wealth Advisors LLC
SOLD OFF
-100
-7,000
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
65.23
1,032,000
1,609,000
-%
2022-11-15
Alpha Paradigm Partners, LLC
REDUCED
-54.49
-272,000
903,000
0.39%
2022-11-15
Truvestments Capital LLC
ADDED
4.18
17,000
39,000
0.03%
2022-11-15
Balyasny Asset Management LLC
NEW
-
527,000
527,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
124.76
691,000
938,000
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
ADDED
237.15
1,824,780
2,213,450
-%

1–10 of 41

Latest Funds Activity

Are funds buying CLFD calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CLFD

Clearfield News

Nasdaq

3 Momentum Anomaly Stocks to Buy as Markets Await Jobs Data.18 hours ago

The Motley Fool

CLFD Fair Value

Clearfield fair value in different scenarios

The table shows the Fair Value estimates for Clearfield for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

41.53

-65.91%

53.13

-56.39%

82.06

-32.64%

143.12

17.48%

215.66

77.03%

Current Inflation

38.51

-68.39%

48.46

-60.22%

73.13

-39.97%

125.38

2.92%

186.99

53.50%

Very High Inflation

34.75

-71.47%

42.78

-64.88%

62.59

-48.62%

104.73

-14.03%

153.87

26.31%

Historical Clearfield Fair Value Estimates


Recent SEC filings of Clearfield

View All Filings
Date Filed Form Type Document
Nov 23, 2022
10-K
Annual Report
Nov 21, 2022
8-K
Current Report
Nov 18, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 17, 2022
8-K
Current Report
Sep 08, 2022
SC 13G
Major Ownership Report
Aug 31, 2022
4
Insider Trading
Aug 29, 2022
4
Insider Trading
Aug 24, 2022
4
Insider Trading

Latest Insider Trading transactions for CLFD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-16
Beranek Cheryl
SOLD FOR TAXES
-71,764.5
92.48
-776
Chief Executive Officer
2022-11-16
Hill John P
SOLD FOR TAXES
-71,764.5
92.48
-776
Chief Operating Officer
2022-11-16
HERZOG DANIEL R
SOLD FOR TAXES
-47,627.2
92.48
-515
Chief Financial Officer
2022-08-31
Jones Walter Louis JR
BOUGHT
10,031.9
116.65
86
-
2022-08-26
Harding Roger G
SOLD
-188,790
125.86
-1,500
-
2022-08-21
Hill John P
SOLD (Taxes)
-258,010
123.45
-2,090
Chief Operating Officer
2022-08-21
Beranek Cheryl
SOLD (Taxes)
-258,010
123.45
-2,090
Chief Executive Officer
2022-08-21
HERZOG DANIEL R
SOLD (Taxes)
-91,106.1
123.45
-738
Chief Financial Officer
2022-08-18
Hayward Donald R.
SOLD
-144,600
120.5
-1,200
-
2022-08-15
Harding Roger G
SOLD
-120,020
120.02
-1,000
-

1–10 of 50

Cheryl P. Beranek
650
Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. It also provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. The company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.

CLFD Income Statement

2022-09-30
Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Net sales$ 270,883$ 140,755$ 93,075
Cost of sales157,93679,57855,160
Gross profit112,94761,17737,915
Operating expenses   
Selling, general and administrative49,13035,94329,531
Income from operations63,81725,2348,384
Net investment income328500771
Interest expense(311)00
Income before income taxes63,83425,7349,155
Income tax expense14,4725,4071,862
Net income$ 49,362$ 20,327$ 7,293
Net income per share Basic (in dollars per share)$ 3.58$ 1.48$ 0.53
Net income per share Diluted (in dollars per share)$ 3.55$ 1.47$ 0.53
Weighted average shares outstanding:   
Basic (in shares)13,771,66513,720,69913,643,355
Diluted (in shares)13,905,98413,784,29413,643,355

CLFD Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Sep. 30, 2021
Current Assets  
Cash and cash equivalents$ 16,650,000$ 13,216,000
Short-term investments5,802,00010,374,000
Accounts receivables, net53,704,00019,438,000
Inventories, net82,208,00027,524,000
Other current assets1,758,000953,000
Total current assets160,122,00071,505,000
Property, plant and equipment, net18,229,0004,998,000
Other Assets  
Long-term investments22,747,00036,913,000
Goodwill, Ending Balance6,402,0004,709,000
Intangible assets, net6,376,0004,696,000
Right of use lease assets13,256,0002,305,000
Deferred tax asset1,414,000365,000
Other582,000419,000
Total other assets50,777,00049,407,000
Total Assets229,128,000125,911,000
Current Liabilities  
Current portion of lease liability3,385,000915,000
Accounts payable24,118,0009,215,000
Accrued compensation13,619,0008,729,000
Accrued expenses6,181,0001,613,000
Factoring liability4,391,0000
Total current liabilities51,694,00020,472,000
Other Liabilities  
Long-term debt18,666,0000
Long-term portion of lease liability10,412,0001,615,000
Deferred tax liability774,0000
Total liabilities81,546,00022,087,000
Shareholders’ Equity  
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding00
Common stock, authorized 50,000,000, $.01 par value; 13,818,452 and 13,732,188 shares issued and outstanding as of September 30, 2022, and 2021138,000137,000
Additional paid-in capital54,539,00058,246,000
Accumulated other comprehensive loss1,898,0000
Retained earnings94,803,00045,441,000
Total shareholders’ equity147,582,000103,824,000
Total Liabilities and Shareholders’ Equity$ 229,128,000$ 125,911,000