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Clearfield Inc CLFD

Morningstar Rating
$29.31 +0.23 (0.79%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CLFD is trading within a range we consider fairly valued.
Price
$28.90
Fair Value
$75.47
Uncertainty
Very High
1-Star Price
$16.76
5-Star Price
$37.48
Economic Moat
Rkjj
Capital Allocation
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News

Trading Information

Previous Close Price
$29.08
Day Range
$28.5229.57
52-Week Range
$22.9650.77
Bid/Ask
$29.26 / $29.33
Market Cap
$432.08 Mil
Volume/Avg
74,688 / 198,823

Key Statistics

Price/Earnings (Normalized)
36.04
Price/Sales
2.04
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
2.89%

Company Profile

Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a range of products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has a global presence with the majority of the revenue derived from the United States. The company has two reportable segments namely Clearfield segment and Nestor cables segment. The majority of revenue is derived from Clearfield segment.
Sector
Technology
Industry
Communication Equipment
Stock Style Box
Small Core
Total Number of Employees
400

Comparables

Valuation

Metric
CLFD
GCA
002309
Price/Earnings (Normalized)
36.04
Price/Book Value
1.4512.151.84
Price/Sales
2.040.380.26
Price/Cash Flow
26.5020.822.04
Price/Earnings
CLFD
GCA
002309

Financial Strength

Metric
CLFD
GCA
002309
Quick Ratio
7.221.180.52
Current Ratio
11.092.260.66
Interest Coverage
23.860.23−1.75
Quick Ratio
CLFD
GCA
002309

Profitability

Metric
CLFD
GCA
002309
Return on Assets (Normalized)
4.58%−0.84%−7.14%
Return on Equity (Normalized)
5.28%−14.30%−70.90%
Return on Invested Capital (Normalized)
5.10%2.89%−9.88%
Return on Assets
CLFD
GCA
002309
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