CleanSpark, Inc.

DB:3UX Stock Report

Market Cap: €2.6b

CleanSpark Valuation

Is 3UX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 3UX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate 3UX's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate 3UX's future cash flow value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3UX?

Key metric: As 3UX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3UX. This is calculated by dividing 3UX's market cap by their current earnings.
What is 3UX's PE Ratio?
PE Ratio8.6x
EarningsUS$353.32m
Market CapUS$3.03b

Price to Earnings Ratio vs Peers

How does 3UX's PE Ratio compare to its peers?

The above table shows the PE ratio for 3UX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.4x
AOF ATOSS Software
33.3x11.64%€1.6b
1INN innoscripta
23x26.81%€897.0m
NEM Nemetschek
41.8x17.62%€8.5b
TMV TeamViewer
7.7x10.72%€888.4m
3UX CleanSpark
8.6x-11.34%€3.0b

Price-To-Earnings vs Peers: 3UX is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (26.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 3UX's PE Ratio compare vs other companies in the European Software Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
3UX 8.6xIndustry Avg. 26.0xNo. of Companies20PE020406080100+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3UX is good value based on its Price-To-Earnings Ratio (8.6x) compared to the European Software industry average (26x).

Price to Earnings Ratio vs Fair Ratio

What is 3UX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3UX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio24.4x

Price-To-Earnings vs Fair Ratio: 3UX is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (24.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 3UX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.12
€19.42
+91.94%
17.39%€25.25€11.78n/a13
Jan ’27€8.99
€19.81
+120.28%
18.44%€25.53€11.92n/a11
Dec ’26€12.04
€19.95
+65.76%
18.80%€25.84€12.06n/a11
Nov ’26€15.69
€20.49
+30.62%
21.03%€25.94€12.10n/a11
Oct ’26€12.61
€17.11
+35.76%
13.95%€21.32€11.94n/a11
Sep ’26€8.03
€17.60
+119.10%
14.78%€22.39€12.92n/a11
Aug ’26€9.13
€17.10
+87.20%
16.67%€21.59€12.95n/a11
Jul ’26€9.58
€16.20
+69.11%
16.42%€21.21€11.87n/a10
Jun ’26€7.45
€16.74
+124.63%
18.36%€22.02€10.57n/a9
May ’26€7.01
€16.65
+137.49%
19.54%€22.05€10.58n/a8
Apr ’26€6.18
€17.84
+188.81%
21.06%€25.03€11.12n/a8
Mar ’26€7.50
€21.63
+188.44%
17.55%€28.53€16.17n/a8
Feb ’26€10.76
€22.34
+107.59%
17.80%€28.60€16.21€10.127
Jan ’26€9.42
€22.68
+140.76%
17.03%€28.55€16.18€8.996
Dec ’25€14.19
€19.84
+39.83%
27.80%€26.96€9.43€12.046
Nov ’25€10.19
€19.84
+94.72%
27.80%€26.96€9.43€15.696
Oct ’25€7.84
€19.84
+153.15%
27.80%€26.96€9.43€12.616
Sep ’25€9.67
€20.62
+113.24%
26.89%€26.81€9.38€8.036
Aug ’25€13.83
€22.57
+63.17%
23.86%€27.92€11.63€9.136
Jul ’25€16.19
€22.38
+38.21%
23.62%€27.87€11.61€9.586
Jun ’25€15.11
€21.63
+43.20%
21.24%€27.81€13.91€7.456
May ’25€15.50
€21.72
+40.12%
21.24%€27.92€13.96€7.016
Apr ’25€20.00
€21.48
+7.38%
22.62%€27.81€12.98€6.186
Mar ’25€15.95
€13.87
-13.02%
36.80%€24.92€9.23€7.506
Feb ’25€7.70
€10.90
+41.61%
18.76%€13.05€7.35€10.766
€19.72
Fair Value
48.7% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/01 01:42
End of Day Share Price 2026/01/30 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CleanSpark, Inc. is covered by 15 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gautam ChhuganiBernstein
Nicholas GilesB. Riley Securities, Inc.
Gregory LewisBTIG