Stock fact sheet · data as of
Clearfield, Inc. (CLFD): fair value, margin of safety and Wheel Score
Ticker symbol CLFD · Technology · Communication Equipment · United States · Speculative
Is CLFD undervalued?
Clearfield, Inc. (CLFD) closed at 32.88 on 5 Nov 2026, 140% above the GLS average fair value of 13.71. 2 of the 2 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
The average is built from just 2 models (DCF, 10 Cap) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files CLFD under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for CLFD
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 2.84 | -91% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 24.57 | -25% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 10.93 | -67% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 39.00 | +19% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Clearfield, Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability CLFD scores 5.1/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are thin or negative - ROIC -3.0%, ROE -3.1%, ROA -2.6% - with debt at 0.03 times equity and a free-cash-flow yield of 3.9%.
Clearfield, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 8/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | -3.0% |
|---|---|---|---|
| GLS Moat | 5.1 / 10 | ROE | -3.1% |
| Debt / equity | 0.03 | ROA | -2.6% |
| Free-cash-flow yield | 3.9% | Payout ratio | 0% |
| Institutions | 8 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 25: Weak
With a Wheel Score of 25 Clearfield, Inc. sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades 140% above our fair value; and filter 4, financially healthy - Piotroski 5/9 (under 6); and filter 8, big enough - market cap $447M (under $1.0B); Value (weak) is its weakest part.
Implied volatility is 71% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. Chain open interest is thin - 1,728 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 171k shares a day on a market cap of $447M, with a beta of 2.08 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that weak.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 140% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Fails | market cap $447M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 140% above fair value | |
| Premium | Good | implied volatility 71% | |
| Moat | Fair | moat 5.1/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Weak | Red Flags score 65/100 | |
| Option trading | Weak | 180 contracts a day, 1,728 open interest | |
| Stability | Weak | beta 2.08, $447M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Clearfield, Inc. reports earnings on 10 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Communication Equipment
The 12 companies below are the closest to Clearfield, Inc. by market cap within the Communication Equipment industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| ADTN ADTRAN Holdings Inc. | 4.73 | 9.26 | +49% | 46Weak | $385M |
| GILT Gilat Satellite Networks Ltd. | 7.06 | 10.78 | +34% | 44Weak | $525M |
| NTGR NETGEAR, Inc. | 22.32 | 10.15 | -120% | 29Weak | $607M |
| FEIM Frequency Electronics, Inc. | 61.52 | 11.88 | -418% | 23Weak | $694M |
| LTRX Lantronix, Inc. | 5.65 | 2.74 | -106% | 26Weak | $265M |
| AVNW Aviat Networks, Inc. | 19.90 | 8.75 | -127% | 26Weak | $256M |
| BKTI BK Technologies Corporation | 66.97 | 120.69 | +45% | 31No options | $252M |
| AUDC AudioCodes Ltd. | 8.09 | 7.57 | -7% | 31Weak | $195M |
| SILC Silicom Ltd. | 31.76 | 11.02 | -188% | 10No options | $183M |
| CRNT Ceragon Networks Ltd. | 2.00 | 5.41 | +63% | 42Weak | $182M |
| HLIT Harmonic Inc. | 10.21 | 2.03 | -403% | 33Weak | $1.1B |
| VISN Vistance Networks, Inc. | 6.44 | 51.45 | +87% | 39Weak | $1.5B |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about CLFD
Is CLFD undervalued right now?
No: at 32.88 the stock trades 140% above the GLS average fair value of 13.71 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of CLFD and what does it mean?
CLFD scores 25 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 4, 8. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for CLFD?
13.71 per share as of 5 Nov 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Clearfield, Inc. report earnings next?
The next earnings report is due on 10 Nov 2026 (after the close), 5 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does CLFD have listed options, and how liquid are they?
Yes. The nightly snapshot found 26 listed contracts with 1,728 open interest across all expiries and implied volatility of 71% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.