Clearfield Market Capitalization from 2010 to 2024

CLFD Stock  USD 30.06  0.88  3.02%   
Clearfield's Market Cap is increasing over the years with slightly volatile fluctuation. Market Cap is expected to dwindle to about 13.8 M.
Check Clearfield financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clearfield's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 531.3 M or Selling General Administrative of 58 M, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0 or PTB Ratio of 0.93. Clearfield financial statements analysis is a perfect complement when working with Clearfield Valuation or Volatility modules.
  
Check out the analysis of Clearfield Correlation against competitors.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.

Latest Clearfield's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Clearfield over the last few years. It is Clearfield's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clearfield's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 429.52 M10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Clearfield Market Capitalization Regression Statistics

Arithmetic Mean275,696,032
Geometric Mean136,338,414
Coefficient Of Variation130.34
Mean Deviation219,861,220
Median177,491,014
Standard Deviation359,345,611
Sample Variance129129.3T
Range1.4B
R-Value0.33
Mean Square Error123874.8T
R-Squared0.11
Significance0.23
Slope26,554,351
Total Sum of Squares1807809.8T

Clearfield Market Capitalization History

202413.8 M
202314.5 M
2022429.2 M
20211.4 B
2020605.8 M
2019275.2 M
2018159.3 M

About Clearfield Financial Statements

Clearfield stakeholders use historical fundamental indicators, such as Clearfield's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Clearfield investors may analyze each financial statement separately, they are all interrelated. For example, changes in Clearfield's assets and liabilities are reflected in the revenues and expenses on Clearfield's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Clearfield. Please read more on our technical analysis and fundamental analysis pages.
Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota. Clearfield operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 407 people.

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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 the analysis of Clearfield Correlation against competitors.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.
Quarterly Earnings Growth
(0.85)
Earnings Share
(0.85)
Revenue Per Share
11.432
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.04)
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.