COMP <GO>
CLFD vs ADTN // EV/EBITDA & P/E VALUATION
Clearfield Inc. (NASDAQ) VS. ADTRAN Holdings Inc. (NASDAQ) • 15-METRIC TALLY: CLFD 5
— ADTN 4
■ METRIC PARITY
LAST: $33.26 (+4.10%) • MKT CAP: $451.8M
valuation
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LAST: $6.94 (-0.29%) • MKT CAP: $565.5M
valuation
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CLFD VS. ADTN)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CLFD | ADTN | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 33.70% | 38.30% | -4.60 | ADTN | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 0.70% | -2.90% | +3.60 | CLFD | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | 17.34% | — | TIE | /fcf-yield <GO> |
| Operating Margin | 1.40% | -1.40% | +2.80 | CLFD | /operating-margins <GO> |
| Net Profit Margin | -5.40% | -4.20% | -1.20 | ADTN | /net-margins <GO> |
| Revenue Growth (YoY) | 19.60% | 17.50% | +2.10 | CLFD | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 16.56 | 0.78 | +15.78 | CLFD | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 7/9 | -3.00 | ADTN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 55.0 | 41.8 | +13.20 | CLFD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $451.8M | $565.5M | -$113.7M | ADTN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CLFD REV | ADTN REV | CLFD GROSS % | ADTN GROSS % | CLFD FCF | ADTN FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $150.1M | $1.08B | 33.7% | 38.3% | — | $98.0M |
| FY 2024 | $125.6M | $922.7M | 20.6% | 35.1% | $12.7M | $69.1M |
| FY 2023 | $225.7M | $1.15B | — | — | $18.4M | -$43.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CLFD // BETA —
ADTN // BETA —