(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 36
Risk 98
Buy Signal -0.04

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": -0.02,

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: 34.341,
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) 6.0

Net Income: -6.76m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA 2.35 > 1.0
NWC/Revenue: 102.4% < 20% (prev 106.7%; Δ -4.32% < -1%)
CFO/TA 0.08 > 3% & CFO 22.2m > Net Income -6.76m
Net Debt (-611.0k) to EBITDA (16.8m): -0.04 < 3
Current Ratio: 12.55 > 1.5 & < 3
Outstanding Shares: last quarter (13.9m) vs 12m ago -2.42% < -2%
Gross Margin: 36.07% > 18% (prev 0.19%; Δ 3588 % > 0.5%)
Asset Turnover: 52.16% > 50% (prev 55.39%; Δ -3.22% > 0%)
Interest Coverage Ratio: 24.21 > 6 (EBITDA TTM 16.8m / Interest Expense TTM 450.0k)

Altman Z'' 10.00

A: 0.57 (Total Current Assets 165.7m - Total Current Liabilities 13.2m) / Total Assets 268.1m
B: 0.40 (Retained Earnings 106.3m / Total Assets 268.1m)
C: 0.04 (EBIT TTM 10.9m / Avg Total Assets 285.6m)
D: 5.79 (Book Value of Equity 106.6m / Total Liabilities 18.4m)
Altman-Z'' Score: 11.37 = AAA

Beneish M -3.17

DSRI: 1.20 (Receivables 15.0m/14.1m, Revenue 149.0m/168.0m)
GMI: 0.53 (GM 36.07% / 19.28%)
AQI: 1.52 (AQ_t 0.32 / AQ_t-1 0.21)
SGI: 0.89 (Revenue 149.0m / 168.0m)
TATA: -0.11 (NI -6.76m - CFO 22.2m) / TA 268.1m)
Beneish M-Score: -3.17 (Cap -4..+1) = AA

What is the price of CLFD shares?

As of February 09, 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 +2.11%, over one month by +2.32%, over three months by -6.08% and over the past year by -10.44%.

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 44.3 43.2%
Analysts Target Price 44.3 43.2%
ValueRay Target Price 28.3 -8.3%

CLFD Fundamental Data Overview February 09, 2026

P/E Trailing = 55.1964
P/E Forward = 35.9712
P/S = 2.7638
P/B = 1.7134
Revenue TTM = 149.0m USD
EBIT TTM = 10.9m USD
EBITDA TTM = 16.8m USD
Long Term Debt = 8.76m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 2.89m USD (from shortTermDebt, last quarter)
Debt = 13.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -611.0k USD (from netDebt column, last quarter)
Enterprise Value = 344.6m USD (427.8m + Debt 13.3m - CCE 96.4m)
Interest Coverage Ratio = 24.21 (Ebit TTM 10.9m / Interest Expense TTM 450.0k)
EV/FCF = 20.04x (Enterprise Value 344.6m / FCF TTM 17.2m)
FCF Yield = 4.99% (FCF TTM 17.2m / Enterprise Value 344.6m)
FCF Margin = 11.54% (FCF TTM 17.2m / Revenue TTM 149.0m)
Net Margin = -4.54% (Net Income TTM -6.76m / Revenue TTM 149.0m)
Gross Margin = 36.07% ((Revenue TTM 149.0m - Cost of Revenue TTM 95.3m) / Revenue TTM)
Gross Margin QoQ = 33.16% (prev 73.52%)
Tobins Q-Ratio = 1.29 (Enterprise Value 344.6m / Total Assets 268.1m)
Interest Expense / Debt = 2.07% (Interest Expense 275.0k / Debt 13.3m)
Taxrate = 27.20% (2.36m / 8.67m)
NOPAT = 7.93m (EBIT 10.9m * (1 - 27.20%))
Current Ratio = 12.55 (Total Current Assets 165.7m / Total Current Liabilities 13.2m)
Debt / Equity = 0.05 (Debt 13.3m / totalStockholderEquity, last quarter 249.7m)
Debt / EBITDA = -0.04 (Net Debt -611.0k / EBITDA 16.8m)
Debt / FCF = -0.04 (Net Debt -611.0k / FCF TTM 17.2m)
Total Stockholder Equity = 259.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.37% (Net Income -6.76m / Total Assets 268.1m)
RoE = -2.61% (Net Income TTM -6.76m / Total Stockholder Equity 259.0m)
RoCE = 4.07% (EBIT 10.9m / Capital Employed (Equity 259.0m + L.T.Debt 8.76m))
RoIC = 3.00% (NOPAT 7.93m / Invested Capital 264.4m)
WACC = 10.41% (E(427.8m)/V(441.0m) * Re(10.69%) + D(13.3m)/V(441.0m) * Rd(2.07%) * (1-Tc(0.27)))
Discount Rate = 10.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.52%
[DCF Debug] Terminal Value 60.19% ; FCFF base≈15.2m ; Y1≈10.0m ; Y5≈4.57m
Fair Price DCF = 4.62 (EV 63.3m - Net Debt -611.0k = Equity 63.9m / Shares 13.8m; r=10.41% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -70.36 | EPS CAGR: -23.11% | SUE: 0.08 | # QB: 0
Revenue Correlation: -71.95 | Revenue CAGR: -11.15% | SUE: 0.20 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.01 | Chg30d=-0.025 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-09-30): EPS=0.70 | Chg30d=+0.055 | Revisions Net=+0 | Growth EPS=+55.6% | Growth Revenue=+9.4%
EPS next Year (2027-09-30): EPS=1.75 | Chg30d=+0.050 | Revisions Net=+0 | Growth EPS=+150.0% | Growth Revenue=+22.4%

Additional Sources for CLFD Stock

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