Clearfield Inc

Technology US CLFD

30.8USD
0.52(1.72%)

Last update at 2024-12-19T18:48:00Z

Day Range

30.2931.23
LowHigh

52 Week Range

24.7844.83
LowHigh

Fundamentals

  • Previous Close 30.28
  • Market Cap461.81M
  • Volume53144
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-15.81100M
  • Revenue TTM166.70M
  • Revenue Per Share TTM11.43
  • Gross Profit TTM 112.95M
  • Diluted EPS TTM-0.85

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Type yearly yearly yearly yearly yearly
Date 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Income before tax 41.61M 63.83M 25.73M 9.15M 5.93M
Minority interest - - - - -
Net income 32.53M 49.36M 20.33M 7.29M 4.57M
Selling general administrative 47.99M 49.13M 35.94M 29.53M 27.50M
Selling and marketing expenses - - - - -
Gross profit 85.28M 112.95M 61.18M 37.91M 32.69M
Reconciled depreciation 6.05M 3.41M 2.30M 2.42M 2.18M
Ebit 37.29M 63.82M 25.23M 8.38M 5.19M
Ebitda 43.34M 67.23M 27.54M 10.81M 7.37M
Depreciation and amortization 6.05M 3.41M 2.30M 2.42M 2.18M
Non operating income net other - 0.33M 0.50M 0.77M 0.74M
Operating income 37.29M 63.82M 25.23M 8.38M 5.19M
Other operating expenses 231.43M 207.07M 115.52M 84.69M 79.85M
Interest expense 0.88M 0.31M 0.50M 0.77M 0.74M
Tax provision 9.08M 14.47M 5.41M 1.86M 1.36M
Interest income - - 0.50M 0.77M 0.74M
Net interest income -0.88100M -0.31100M 0.50M 0.77M 0.74M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 9.08M 14.47M 5.41M 1.86M 1.36M
Total revenue 268.72M 270.88M 140.76M 93.07M 85.03M
Total operating expenses 47.99M 49.13M 35.94M 29.53M 27.50M
Cost of revenue 183.44M 157.94M 79.58M 55.16M 52.35M
Total other income expense net 5.21M 0.02M 0.50M 0.77M 0.74M
Discontinued operations - - - - -
Net income from continuing ops 32.53M 49.36M 20.33M 7.29M 4.57M
Net income applicable to common shares - 49.36M 20.33M 7.29M 4.57M
Preferred stock and other adjustments - - - - -
Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30
Type yearly yearly yearly yearly yearly
Date 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30
Total assets 315.27M 355.52M 229.13M 125.91M 95.30M
Intangible assets 6.34M 6.09M 6.38M 4.70M 4.83M
Earning assets - - - - -
Other current assets 10.53M 1.70M 1.76M 0.95M 0.59M
Total liab 39.51M 40.35M 81.55M 22.09M 12.54M
Total stockholder equity 275.76M 315.16M 147.58M 103.82M 82.75M
Deferred long term liab - - 0.77M - -
Other current liab 11.36M 7.97M 19.80M 10.34M 6.06M
Common stock 0.14M 0.15M 0.14M 0.14M 0.14M
Capital stock 0.14M 0.15M 0.14M 0.14M 0.14M
Retained earnings 114.96M 127.34M 94.80M 45.44M 25.11M
Other liab - - 0.77M - -
Good will 6.63M 6.53M 6.40M 4.71M 4.71M
Other assets - - -0.00100M 0.78M 0.44M
Cash 16.17M 37.83M 16.65M 13.22M 16.45M
Cash and equivalents - - - - -
Total current liabilities 24.35M 29.00M 51.69M 20.47M 10.41M
Current deferred revenue - - - - -
Net debt 2.19M -15.06000M 20.20M -10.68635M -13.65471M
Short term debt 6.28M 12.14M 7.78M 0.91M 0.67M
Short long term debt - 8.40M 4.39M - -
Short long term debt total 18.36M 22.77M 36.85M 2.53M 2.79M
Other stockholder equity 159.58M 188.22M 54.54M 58.25M 57.50M
Property plant equipment - - 31.48M 7.30M 5.11M
Total current assets 229.59M 296.25M 160.12M 71.51M 52.52M
Long term investments 24.50M 6.34M 22.75M 36.91M 25.14M
Net tangible assets - - 134.80M 94.42M 73.22M
Short term investments 114.83M 130.29M 5.80M 10.37M 10.58M
Net receivables 21.31M 28.39M 53.70M 19.44M 10.50M
Long term debt 2.23M - 18.67M - -
Inventory 66.77M 98.06M 82.21M 27.52M 14.41M
Accounts payable 6.72M 8.89M 24.12M 9.21M 3.69M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1.08M -0.54400M -1.89800M - -10.18490M
Additional paid in capital - - - - -
Common stock total equity - - 0.14M 0.14M 0.14M
Preferred stock total equity - - - - -
Retained earnings total equity - - 94.80M 45.44M 25.11M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 2.32M 1.87M 0.58M 0.42M 0.27M
Deferred long term asset charges - - - - -
Non current assets total 85.68M 59.26M 69.00M 54.40M 42.77M
Capital lease obligations 16.13M 14.37M 13.80M 2.53M 2.79M
Long term debt total - - 18.67M - -
Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30
Type yearly yearly yearly yearly yearly
Date 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30
Investments -6.89600M -112.24700M 17.14M -11.55376M 1.77M
Change to liabilities - - 14.50M 9.78M 3.15M
Total cashflows from investing activities - - -8.19700M -13.59976M -0.04113M
Net borrowings - - 16.70M 16.70M 16.70M
Total cash from financing activities -36.90600M 113.42M 10.65M -0.53600M -0.24673M
Change to operating activities - - -0.28200M -0.53120M 0.13M
Net income -12.45300M 32.53M 49.36M 20.33M 7.29M
Change in cash -21.66000M 21.18M 3.43M -3.23335M 6.37M
Begin period cash flow 37.83M 16.65M 13.22M 16.45M 10.08M
End period cash flow 16.17M 37.83M 16.65M 13.22M 16.45M
Total cash from operating activities 22.22M 20.01M 1.00M 10.90M 6.66M
Issuance of capital stock 0.59M 130.26M 0.54M 0.39M 0.00956M
Depreciation 7.41M 6.05M 3.41M 2.30M 2.42M
Other cashflows from investing activities - - -16.18700M - -
Dividends paid - 1.56M 16.70M - -
Change to inventory 31.99M -15.08300M -43.74400M -13.11577M -5.39556M
Change to account receivables 7.80M 26.28M -24.23400M -9.15082M -1.37803M
Sale purchase of stock -33.37400M -1.22000M -1.40600M -0.46200M -0.42865M
Other cashflows from financing activities -0.00800M 2.64M -5.18300M -0.45800M 0.17M
Change to netincome - - 1.98M 1.30M 0.50M
Capital expenditures 9.57M 8.38M 9.15M 2.05M 1.81M
Change receivables - - -24.23400M -9.15082M -1.37803M
Cash flows other operating - - -0.28200M -0.53120M 3.28M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - 3.46M -3.23335M 6.37M
Change in working capital 31.11M -16.52900M -53.75800M -13.02142M -3.49425M
Stock based compensation 4.64M 3.58M 2.34M 1.28M 0.77M
Other non cash items -4.40600M -3.51200M -0.02900M 0.20M -0.05854M
Free cash flow 12.66M 11.63M -8.14700M 8.86M 4.85M

Peer Comparison

Sector: Technology Industry: Communication Equipment

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CLFD
Clearfield Inc
0.52 1.72% 30.80 - 80.65 2.77 1.59 1.95 117.32
CSCO
Cisco Systems Inc
0.38 0.66% 57.91 15.64 12.80 3.43 4.25 3.19 10.03
MSI
Motorola Solutions Inc
4.56 0.99% 467.24 31.36 23.98 5.22 141.85 5.79 20.98
HPE
Hewlett Packard Enterprise Co
0.33 1.58% 20.91 10.92 8.74 0.74 1.02 1.02 5.92
ERIXF
Telefonaktiebolaget LM Ericsson Class B
- -% 8.28 - 11.38 0.07 1.95 0.07 0.74

Reports Covered

Stock Research & News

Profile

Clearfield, Inc. manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical component integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracket kit to support the deployment of access terminals; YOURx, an access terminal that provides flexibility with cable mid-span and internal splicing options; SeeChange, a terminal and hardened connector system; and FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment. In addition, the company offers fiber assemblies; fiber optic and copper cables, microducts, microduct accessories, and tools; and installation and connection accessories for fiber optic networks. It serves community broadband customers, large regional service providers, multiple system operators, and wireline/wireless national telco carriers. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was incorporated in 1979 and is headquartered in Minneapolis, Minnesota.

Clearfield Inc

7050 Winnetka Avenue North, Minneapolis, MN, United States, 55428

Key Executives

Name Title Year Born
Ms. Cheryl P. Beranek CEO, Pres & Director 1962
Mr. Daniel R. Herzog Chief Financial Officer 1964
Mr. John P. Hill Chief Operating Officer 1966
Mr. Skip Hansen Chief Information Officer NA
Mr. Kevin Morgan Chief Marketing Officer NA
Mr. Bob Cody VP of HR & Office of Resource Management NA
Mr. Allen Griser Chief Commercial Officer NA
Ms. Cheryl P. Beranek CEO, President & Director 1962
Frank J. Brixius Jr. General Counsel & Secretary NA
Mr. Bob Cody Vice President of Human Resources & Office of Resource Management NA

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