(CLFD) Clearfield - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US18482P1030

Stock: Fiber Panels, Fiber Cabinets, Fiber Pedestals, Fiber Pathway, Fiber Connectors

Total Rating 26
Risk 98
Buy Signal 0.03

EPS (Earnings per Share)

EPS (Earnings per Share) of CLFD over the last years for every Quarter: "2020-12": 0.23, "2021-03": 0.27, "2021-06": 0.44, "2021-09": 0.53, "2021-12": 0.75, "2022-03": 0.66, "2022-06": 0.92, "2022-09": 1.22, "2022-12": 1, "2023-03": 0.67, "2023-06": 0.33, "2023-09": 0.17, "2023-12": -0.35, "2024-03": -0.4, "2024-06": -0.04, "2024-09": -0.06, "2024-12": -0.13, "2025-03": 0.09, "2025-06": 0.11, "2025-09": 0.13, "2025-12": 0,

Revenue

Revenue of CLFD over the last years for every Quarter: 2020-12: 27.092147, 2021-03: 29.691934, 2021-06: 38.735356, 2021-09: 45.235962, 2021-12: 51.109, 2022-03: 53.495, 2022-06: 71.25, 2022-09: 95.029, 2022-12: 85.942, 2023-03: 71.809, 2023-06: 61.284, 2023-09: 49.685, 2023-12: 34.23, 2024-03: 36.91, 2024-06: 48.793, 2024-09: 46.772, 2024-12: 35.476, 2025-03: 47.168, 2025-06: 49.903, 2025-09: 17.587, 2025-12: null,
Risk 5d forecast
Volatility 50.1%
Relative Tail Risk -0.62%
Reward TTM
Sharpe Ratio -0.20
Alpha -35.68
Character TTM
Beta 1.296
Beta Downside 1.316
Drawdowns 3y
Max DD 63.59%
CAGR/Max DD -0.32

Description: CLFD Clearfield December 26, 2025

Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures, and distributes a portfolio of fiber-management hardware-including the FieldSmart enclosure series, WaveSmart optical-component platforms, and FiberFlex outdoor cabinets-targeting both indoor and outdoor network deployments.

The company’s product suite also covers access-terminal solutions (CraftSmart FiberFirst pedestals, YOURx mid-span terminals), protective pathways (FieldShield), custom fiber assemblies, and connector-cleaning accessories, enabling service providers to deliver fiber-to-the-premise (FTTP), fiber-to-the-business (FTTB), and metro-core/backhaul infrastructure.

Clearfield serves a broad customer base that spans national carriers, community broadband operators, multiple-system operators, large enterprises, and OEMs, selling primarily through a direct sales force and an authorized distributor network. In FY 2023 the company reported $124 million in revenue, a 12 % year-over-year increase driven by rising telecom capex tied to 5G rollout and broadband expansion, and maintained an adjusted EBITDA margin of roughly 14 %.

Key sector dynamics include the U.S. Federal Communications Commission’s broadband-deployment incentives and the accelerating demand for small-cell backhaul, both of which underpin long-term growth for fiber-management equipment providers.

For a deeper quantitative view, you may want to explore ValueRay’s analyst dashboard for CLFD.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: -8.05m TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 4.06 > 1.0
NWC/Revenue: 107.8% < 20% (prev 123.1%; Δ -15.29% < -1%)
CFO/TA 0.10 > 3% & CFO 29.4m > Net Income -8.05m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 5.42 > 1.5 & < 3
Outstanding Shares: last quarter (13.9m) vs 12m ago -2.27% < -2%
Gross Margin: 33.66% > 18% (prev 0.17%; Δ 3349 % > 0.5%)
Asset Turnover: 48.32% > 50% (prev 52.88%; Δ -4.56% > 0%)
Interest Coverage Ratio: 13.09 > 6 (EBITDA TTM -3.96b / Interest Expense TTM 550.0k)

Altman Z'' 7.05

A: 0.53 (Total Current Assets 198.5m - Total Current Liabilities 36.6m) / Total Assets 306.2m
B: 0.35 (Retained Earnings 106.9m / Total Assets 306.2m)
C: 0.02 (EBIT TTM 7.20m / Avg Total Assets 310.7m)
D: 2.18 (Book Value of Equity 108.8m / Total Liabilities 50.0m)
Altman-Z'' Score: 7.05 = AAA

Beneish M -3.12

DSRI: 0.94 (Receivables 18.0m/21.3m, Revenue 150.1m/166.7m)
GMI: 0.51 (GM 33.66% / 17.33%)
AQI: 2.01 (AQ_t 0.29 / AQ_t-1 0.15)
SGI: 0.90 (Revenue 150.1m / 166.7m)
TATA: -0.12 (NI -8.05m - CFO 29.4m) / TA 306.2m)
Beneish M-Score: -3.12 (Cap -4..+1) = AA

What is the price of CLFD shares?

As of February 07, 2026, the stock is trading at USD 30.91 with a total of 195,153 shares traded.
Over the past week, the price has changed by +3.83%, over one month by +0.32%, over three months by -5.62% and over the past year by -16.31%.

Is CLFD a buy, sell or hold?

Clearfield has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy CLFD.
  • StrongBuy: 2
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CLFD price?

Issuer Target Up/Down from current
Wallstreet Target Price 43.5 40.7%
Analysts Target Price 43.5 40.7%
ValueRay Target Price 28.3 -8.4%

CLFD Fundamental Data Overview February 02, 2026

P/E Trailing = 66.1556
P/E Forward = 39.6825
P/S = 2.7457
P/B = 1.6103
Revenue TTM = 150.1m USD
EBIT TTM = 7.20m USD
EBITDA TTM = -3.96b USD
Long Term Debt = 8.76m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.82m USD (from shortTermDebt, last quarter)
Debt = 8.76m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -12.7m USD (from netDebt column, last quarter)
Enterprise Value = 315.0m USD (412.2m + Debt 8.76m - CCE 106.0m)
Interest Coverage Ratio = 13.09 (Ebit TTM 7.20m / Interest Expense TTM 550.0k)
EV/FCF = 12.75x (Enterprise Value 315.0m / FCF TTM 24.7m)
FCF Yield = 7.84% (FCF TTM 24.7m / Enterprise Value 315.0m)
FCF Margin = 16.46% (FCF TTM 24.7m / Revenue TTM 150.1m)
Net Margin = -5.36% (Net Income TTM -8.05m / Revenue TTM 150.1m)
Gross Margin = 33.66% ((Revenue TTM 150.1m - Cost of Revenue TTM 99.6m) / Revenue TTM)
Gross Margin QoQ = 73.52% (prev 30.53%)
Tobins Q-Ratio = 1.03 (Enterprise Value 315.0m / Total Assets 306.2m)
Interest Expense / Debt = 3.14% (Interest Expense 275.0k / Debt 8.76m)
Taxrate = 15.33% (956.0k / 6.24m)
NOPAT = 6.09m (EBIT 7.20m * (1 - 15.33%))
Current Ratio = 5.42 (Total Current Assets 198.5m / Total Current Liabilities 36.6m)
Debt / Equity = 0.03 (Debt 8.76m / totalStockholderEquity, last quarter 256.2m)
Debt / EBITDA = 0.00 (negative EBITDA) (Net Debt -12.7m / EBITDA -3.96b)
Debt / FCF = -0.52 (Net Debt -12.7m / FCF TTM 24.7m)
Total Stockholder Equity = 263.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.59% (Net Income -8.05m / Total Assets 306.2m)
RoE = -3.06% (Net Income TTM -8.05m / Total Stockholder Equity 263.5m)
RoCE = 2.64% (EBIT 7.20m / Capital Employed (Equity 263.5m + L.T.Debt 8.76m))
RoIC = 2.29% (NOPAT 6.09m / Invested Capital 265.7m)
WACC = 10.52% (E(412.2m)/V(421.0m) * Re(10.69%) + D(8.76m)/V(421.0m) * Rd(3.14%) * (1-Tc(0.15)))
Discount Rate = 10.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.37%
[DCF Debug] Terminal Value 59.78% ; FCFF base≈19.9m ; Y1≈13.1m ; Y5≈5.96m
Fair Price DCF = 6.81 (EV 81.6m - Net Debt -12.7m = Equity 94.3m / Shares 13.8m; r=10.52% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -70.00 | EPS CAGR: -22.11% | SUE: 0.24 | # QB: 0
Revenue Correlation: -65.72 | Revenue CAGR: -24.76% | SUE: -4.0 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.04 | Chg30d=-0.015 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-09-30): EPS=0.65 | Chg30d=-0.210 | Revisions Net=+0 | Growth EPS=+43.3% | Growth Revenue=+9.7%
EPS next Year (2027-09-30): EPS=1.70 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+163.6% | Growth Revenue=+23.1%

Additional Sources for CLFD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle