Clearfield, Inc.
Clearfield, Inc. (CLFD) is listed on NASDAQ and classified in Communication Equipment, part of the Technology sector. It is headquartered in Minneapolis, United States and has 243 employees. The company is worth $373.56M and trades at 53.9x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $150.13M in fiscal 2025, up 19.6% from the year before. It reported a net loss of $8.05M. The share price is 47.8% below its 52-week high of $52.73. 3 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Israel Englander (Millennium Management), at $5.67M. In that quarter, 1 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -54.5% over 5Y.
today you would have $521.69▼ -47.8%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 16 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $29.15 | $31.00 | $29.08 | $94.14 | $84.42 | $24.72 | $13.94 | $9.92 | $12.25 | $20.70 | $13.41 | $12.31 | $20.24 | $4.49 | $7.61 | $4.05 | |
| P/E | 37.3x | — |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 28.0 among peers in the sector.
Median P/E of 37.3 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 14.3x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| RMNIRimini Street, Inc. | $4.01 | 57.3x | — | 0.00% | — | $374.36M |
| NUAINew ERA Energy & Digital, Inc. | $3.11 | — | 2.4x | 0.00% | -77.90% | $375.68M |
| APIAgora, Inc. | $4.39 | 48.8x | 0.7x | 0.00% | 1.96% | $371.17M |
| RPAYRepay Holdings Corp | $4.33 |
| — |
| 13.4x |
| 26.5x |
| 57.4x |
| 46.6x |
| 41.0x |
| 31.0x |
| 43.7x |
| 35.1x |
| 39.4x |
| 30.8x |
| 56.2x |
| 7.5x |
| 15.9x |
| 45.0x |
| P/S | 2.8x | 2.7x | 3.5x | 2.0x | 4.8x | 8.2x | 3.6x | 2.2x | 1.7x | 2.3x | 3.9x | 3.0x | 2.9x | 4.9x | 1.5x | 2.7x | 2.0x |
| P/B | 3.1x | 1.6x | 1.6x | 1.4x | 8.8x | 11.2x | 4.1x | 2.5x | 2.0x | 2.6x | 4.7x | 3.6x | 3.6x | 6.6x | 1.7x | 3.6x | 2.5x |
| EPS | -$0.58 | -$0.85 | $2.17 | $3.55 | $1.47 | $0.53 | $0.34 | $0.32 | $0.28 | $0.59 | $0.34 | $0.40 | $0.36 | $0.60 | $0.48 | $0.09 |
| Profit margin | 8.35% | -5.36% | -9.92% | 14.41% | 18.22% | 14.44% | 7.84% | 5.37% | 5.50% | 5.20% | 10.64% | 7.76% | 9.36% | 8.87% | 20.55% | 17.52% | 4.85% |
| ROE | 9.73% | -3.14% | -4.52% | 10.32% | 33.45% | 19.58% | 8.81% | 6.09% | 6.21% | 5.96% | 12.80% | 9.13% | 11.62% | 11.81% | 22.20% | 23.51% | 6.14% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-2.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 0.8x |
| 0.00% |
| -31.83% |
| $381.84M |
| CINTCI&T Inc | $3.02 | 10.8x | 1.2x | 0.00% | 11.72% | $386.53M |
| OWLSObook Holdings Inc | $4.38 | — | — | 0.00% | — | $386.9M |