Clearfield, Inc.
CLFDTechnologyNASDAQCommunication Equipment
Scan Results
Daily timeframePart of the technology sector, Clearfield, Inc. (CLFD) is listed under Communication Equipment. The $654.9M market capitalization puts CLFD squarely in small-cap range for its industry. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical component integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and FiberFlex, an outdoor active cabinet for mounting and configuration of electronic equipment.
Market Cap
$654.9M
Beta
1.90
P/E (TTM)
209.52
P/E (Fwd)
33.23
EPS (TTM)
$0.23
EPS (Fwd)
$1.45
ROE
1.3%
ROA
-0.3%
Cash
$91.1M
Total Debt
$10.9M
Free CF
$19.6M
52W Change
22.5%
Annual Financials
Cash vs Debt
Clearfield, Inc. holds $91.1M in cash against $10.9M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $19.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 1.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $270.9M (2022) to $150.1M (2025), a 45% decline worth watching.
Clearfield, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. At over 50x earnings, CLFD carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Clearfield, Inc. and its sector.