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Clearfield Inc (NAS:CLFD)
Price-to-Free-Cash-Flow Ratio
16.79 (As of Today)

As of today, Clearfield Inc's share price is $12.59. Clearfield Inc's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2014 was $0.75. Hence, Clearfield Inc's Price-to-Free-Cash-Flow Ratio for today is 16.79.

CLFD' s 10-Year Price-to-Free-Cash-Flow ratio Range
Min: 6.29   Max: 335
Current: 16.79

6.29
335

During the past 13 years, Clearfield Inc's highest Price-to-Free-Cash-Flow Ratio was 335.00. The lowest was 6.29. And the median was 23.21.

CLFD's Price-to-Free-Cash-Flow ratiois ranked higher than
87% of the 758 Companies
in the Global Communication Equipment industry.

( Industry Median: 426.75 vs. CLFD: 16.79 )

Clearfield Inc's Free Cash Flow per Share for the three months ended in Sep. 2014 was $-0.04. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2014 was $0.75.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Clearfield Inc was 212.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 27.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 128.00% per year.

During the past 13 years, Clearfield Inc's highest 3-Year average Free Cash Flow per Share Growth Rate was 230.20% per year. The lowest was -33.30% per year. And the median was 20.80% per year.


Definition

Clearfield Inc's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=12.59/0.75
=16.79

Clearfield Inc's Share Price of today is $12.59.
Clearfield Inc's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2014 was 0.5 (Dec. 2013 ) + 0.24 (Mar. 2014 ) + 0.05 (Jun. 2014 ) + -0.04 (Sep. 2014 ) = $0.75.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Clearfield Inc Annual Data

Mar05Mar06Mar07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
pfcf 0.000.000.0058.0027.81293.0016.3919.6555.9616.97

Clearfield Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
pfcf 22.9019.6522.4523.0832.4855.9626.9923.8017.6716.97
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