Clearfield Free Cash Flow Yield vs Price Cash Flow Ratio Analysis

CLFD Stock  USD 29.98  0.92  2.98%   
Clearfield financial indicator trend analysis is way more than just evaluating Clearfield prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearfield is a good investment. Please check the relationship between Clearfield Free Cash Flow Yield and its Price Cash Flow Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearfield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.

Free Cash Flow Yield vs Price Cash Flow Ratio

Free Cash Flow Yield vs Price Cash Flow Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearfield Free Cash Flow Yield account and Price Cash Flow Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Clearfield's Free Cash Flow Yield and Price Cash Flow Ratio is 0.0. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Clearfield, assuming nothing else is changed. The correlation between historical values of Clearfield's Free Cash Flow Yield and Price Cash Flow Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Clearfield are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Free Cash Flow Yield i.e., Clearfield's Free Cash Flow Yield and Price Cash Flow Ratio go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price Cash Flow Ratio

Most indicators from Clearfield's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearfield current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearfield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.At present, Clearfield's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit112.9M85.3M28.9M17.5M
Total Revenue270.9M268.7M166.7M175.0M

Clearfield fundamental ratios Correlations

0.720.790.990.980.420.980.480.910.920.720.40.960.640.910.790.910.990.890.770.810.920.58-0.340.080.51
0.720.940.630.780.690.770.190.840.420.90.340.780.50.430.940.630.670.510.920.850.870.9-0.320.440.47
0.790.940.70.810.670.830.350.790.490.980.360.90.330.490.990.580.760.510.940.950.910.96-0.30.430.38
0.990.630.70.950.330.960.490.880.960.620.390.920.660.950.70.930.990.920.680.730.860.47-0.330.020.51
0.980.780.810.950.540.970.380.90.870.740.290.950.70.850.840.940.960.90.850.860.960.62-0.350.060.46
0.420.690.670.330.540.5-0.410.530.130.67-0.20.520.370.110.720.420.370.330.760.710.670.690.010.34-0.09
0.980.770.830.960.970.50.410.930.850.770.30.960.570.820.840.880.960.860.810.840.920.65-0.410.20.42
0.480.190.350.490.38-0.410.410.240.540.330.620.49-0.040.540.310.240.530.30.240.340.330.25-0.36-0.080.51
0.910.840.790.880.90.530.930.240.730.740.420.840.650.750.790.870.850.770.760.740.860.64-0.350.340.59
0.920.420.490.960.870.130.850.540.730.40.330.810.660.980.50.890.940.930.50.570.730.23-0.27-0.190.45
0.720.90.980.620.740.670.770.330.740.40.380.850.230.410.970.490.690.40.920.930.870.97-0.330.440.37
0.40.340.360.390.29-0.20.30.620.420.330.380.360.140.470.310.210.380.110.230.260.290.32-0.110.130.92
0.960.780.90.920.950.520.960.490.840.810.850.360.480.790.90.790.960.780.870.920.960.75-0.320.170.4
0.640.50.330.660.70.370.57-0.040.650.660.230.140.480.690.390.870.620.810.470.40.610.13-0.12-0.270.43
0.910.430.490.950.850.110.820.540.750.980.410.470.790.690.50.880.920.890.490.560.710.24-0.22-0.20.57
0.790.940.990.70.840.720.840.310.790.50.970.310.90.390.50.620.760.540.980.970.940.94-0.30.370.37
0.910.630.580.930.940.420.880.240.870.890.490.210.790.870.880.620.890.970.660.650.820.35-0.3-0.090.46
0.990.670.760.990.960.370.960.530.850.940.690.380.960.620.920.760.890.90.750.810.90.55-0.320.010.47
0.890.510.510.920.90.330.860.30.770.930.40.110.780.810.890.540.970.90.580.60.770.25-0.28-0.210.33
0.770.920.940.680.850.760.810.240.760.50.920.230.870.470.490.980.660.750.580.980.950.89-0.280.260.33
0.810.850.950.730.860.710.840.340.740.570.930.260.920.40.560.970.650.810.60.980.960.88-0.270.210.3
0.920.870.910.860.960.670.920.330.860.730.870.290.960.610.710.940.820.90.770.950.960.79-0.280.140.41
0.580.90.960.470.620.690.650.250.640.230.970.320.750.130.240.940.350.550.250.890.880.79-0.250.530.29
-0.34-0.32-0.3-0.33-0.350.01-0.41-0.36-0.35-0.27-0.33-0.11-0.32-0.12-0.22-0.3-0.3-0.32-0.28-0.28-0.27-0.28-0.25-0.19-0.21
0.080.440.430.020.060.340.2-0.080.34-0.190.440.130.17-0.27-0.20.37-0.090.01-0.210.260.210.140.53-0.190.07
0.510.470.380.510.46-0.090.420.510.590.450.370.920.40.430.570.370.460.470.330.330.30.410.29-0.210.07
Click cells to compare fundamentals

Clearfield Account Relationship Matchups

Clearfield fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets95.3M125.9M229.1M355.5M315.3M331.0M
Other Current Liab5.4M8.5M18.0M5.7M11.4M11.9M
Total Current Liabilities10.4M20.5M51.7M29.0M24.4M25.6M
Total Stockholder Equity82.8M103.8M147.6M315.2M275.8M289.6M
Property Plant And Equipment Net7.6M7.3M31.5M35.4M39.8M41.7M
Net Debt(13.7M)(10.7M)20.2M(15.1M)2.2M2.3M
Retained Earnings25.1M45.4M94.8M127.3M115.0M120.7M
Cash16.4M13.2M16.7M37.8M16.2M11.5M
Non Current Assets Total42.8M54.4M69.0M59.3M85.7M90.0M
Cash And Short Term Investments27.0M23.6M22.5M168.1M131.0M137.5M
Net Receivables10.5M19.4M53.7M28.4M21.3M22.4M
Common Stock Shares Outstanding13.6M13.8M13.9M15.0M14.6M12.2M
Liabilities And Stockholders Equity95.3M125.9M229.1M355.5M315.3M331.0M
Inventory14.4M27.5M82.2M98.1M66.8M70.1M
Other Current Assets585.4K953.9K1.8M1.7M10.5M11.1M
Other Stockholder Equity57.5M58.2M54.5M188.2M159.6M167.6M
Total Liab12.5M22.1M81.5M40.4M39.5M41.5M
Property Plant And Equipment Gross7.6M7.3M18.2M35.4M60.7M63.8M
Total Current Assets52.5M71.5M160.1M296.3M229.6M241.1M
Non Currrent Assets Other266.9K419.0K581K1.9M2.3M2.4M
Non Current Liabilities Total2.1M1.6M29.9M11.4M15.2M15.9M
Accounts Payable3.7M9.2M24.1M8.9M6.7M7.1M
Other Assets210.9K445.0K784.4K(1K)(900.0)(855.0)
Common Stock Total Equity136.4K136.5K137.3K138K158.7K138.4K
Common Stock136.5K137.3K138K153K142K138.8K
Property Plant Equipment5.4M5.1M7.3M31.5M36.2M38.0M
Short Term Investments10.6M10.4M5.8M130.3M114.8M120.6M
Intangible Assets4.8M4.7M6.4M6.1M6.3M3.3M
Net Tangible Assets74.9M73.2M94.4M134.8M155.0M162.8M
Retained Earnings Total Equity17.8M25.1M45.4M94.8M109.0M114.5M
Capital Surpluse57.0M57.5M58.2M54.5M62.7M61.4M
Long Term Investments25.1M36.9M22.7M6.3M24.5M17.2M

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearfield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.