Clearfield, Inc. (CLFD) Stock Grade

About Clearfield, Inc.'s fundamentals

Clearfield is a communication equipment manufacturer with a $481.0M market capitalization that is growing revenue at a strong 19.6% year-over-year pace. However, the company is currently unprofitable, posting a -5.4% net margin in its latest annual statement, which prevents calculation of traditional profitability metrics like P/E ratio and return on equity. Despite the accounting losses, Clearfield is generating positive free cash flow, suggesting the business is converting growth into actual cash generation even as it invests in operations. The company does not currently pay a dividend.