Clearfield Stock Price To Sales
| CLFD Stock | USD 40.81 3.00 6.85% |
Fundamental analysis of Clearfield allows traders to better anticipate movements in Clearfield's stock price by examining its financial health and performance throughout various phases of its business cycle.
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Clearfield Company Price To Sales Analysis
Clearfield's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Clearfield Price To Sales | 3.17 X |
Most of Clearfield's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clearfield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Clearfield has a Price To Sales of 3.1673 times. This is 33.6% lower than that of the Communications Equipment sector and 45.29% higher than that of the Information Technology industry. The price to sales for all United States stocks is 72.27% higher than that of the company.
Clearfield Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clearfield's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clearfield could also be used in its relative valuation, which is a method of valuing Clearfield by comparing valuation metrics of similar companies.Clearfield is currently under evaluation in price to sales category among its peers.
Clearfield Fundamentals
| Return On Equity | -0.0068 | ||||
| Return On Asset | -0.018 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 473.82 M | ||||
| Shares Outstanding | 13.83 M | ||||
| Shares Owned By Insiders | 18.08 % | ||||
| Shares Owned By Institutions | 62.88 % | ||||
| Number Of Shares Shorted | 1.05 M | ||||
| Price To Earning | 36.81 X | ||||
| Price To Book | 2.12 X | ||||
| Price To Sales | 3.17 X | ||||
| Revenue | 166.71 M | ||||
| Gross Profit | 43.73 M | ||||
| EBITDA | (8.34 M) | ||||
| Net Income | (12.45 M) | ||||
| Cash And Equivalents | 22.45 M | ||||
| Cash Per Share | 1.62 X | ||||
| Total Debt | 18.36 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 3.10 X | ||||
| Book Value Per Share | 19.00 X | ||||
| Cash Flow From Operations | 22.22 M | ||||
| Short Ratio | 9.52 X | ||||
| Earnings Per Share | (0.14) X | ||||
| Target Price | 46.0 | ||||
| Number Of Employees | 400 | ||||
| Beta | 1.72 | ||||
| Market Capitalization | 564.44 M | ||||
| Total Asset | 315.27 M | ||||
| Retained Earnings | 114.96 M | ||||
| Working Capital | 205.24 M | ||||
| Current Asset | 51.11 M | ||||
| Current Liabilities | 7.35 M | ||||
| Net Asset | 315.27 M |
About Clearfield Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clearfield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearfield using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearfield based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Clearfield is a strong investment it is important to analyze Clearfield's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clearfield's future performance. For an informed investment choice regarding Clearfield Stock, refer to the following important reports:Check out Clearfield Piotroski F Score and Clearfield Altman Z Score analysis. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clearfield. If investors know Clearfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clearfield listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Clearfield is measured differently than its book value, which is the value of Clearfield that is recorded on the company's balance sheet. Investors also form their own opinion of Clearfield's value that differs from its market value or its book value, called intrinsic value, which is Clearfield's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clearfield's market value can be influenced by many factors that don't directly affect Clearfield's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clearfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearfield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.