What is Clearfield, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Clearfield, Inc.'s reported free cash flow gives $40.00 per share. The share price was $31.07 on September 25, 2026, 22% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 5.0% | 10.0% | $25.04 | -19% |
| Base | 10.0% | 9.0% | $40.00 | +29% |
| Bull | 15.0% | 8.0% | $67.92 | +119% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $51.04 | $54.44 | $58.60 | $63.79 | $70.48 |
| 8.0% | $42.78 | $44.98 | $47.59 | $50.72 | $54.54 |
| 9.0% | $36.75 | $38.26 | $40.00 | $42.03 | $44.43 |
| 10.0% | $32.18 | $33.25 | $34.46 | $35.85 | $37.46 |
| 11.0% | $28.58 | $29.37 | $30.25 | $31.24 | $32.36 |
Where the presets come from
Base: years 1 to 5 grow at Clearfield, Inc.'s revenue growth rate over the last 5 fiscal years (10.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions