Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
CleanSpark. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
CleanSpark's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CleanSpark has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare CleanSpark's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare CleanSpark's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare CleanSpark's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if CleanSpark is high growth as no earnings estimate data is available.
Unable to determine if CleanSpark is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access CleanSpark's filings and announcements here.
CleanSpark's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. S. Matthew Schultz has been the President of Wexford Capital Ventures, Inc., since April 2003. Mr. Schultz has been the Chief Executive Officer of CleanSpark, Inc. since March 13, 2014 and served as its President. He founded Granite Energy and served as its Chief Executive Officer from August 2006 to December 2008. Mr. Schultz served as Chief Executive Officer of Amerigo Energy, Inc. since October 2008 until August 26, 2010. He served as Chief Operating Officer and Chairman of Amerigo Energy, Inc. until July 30, 2007. He was instrumental in creating successful investor awareness campaigns for numerous publicly traded companies and assisted in private placement offerings for both the United States and abroad. Mr. Schultz served as Chief Operating Officer and Vice President of Left Right Marketing Technology Inc., since September 13, 2005 and also served as its Chairman of the Board and also served as its Chief Executive Officer and President from April, 2003 to September 13, 2005 and also served as its Principal Accounting Officer. He served as the Interim Chairman of CleanSpark, Inc. since July 11, 2017 until September 14, 2017. He served as Chairman of Pali Financial Group, Inc. from 1999 to 2003. He has been a Director of GreenStart Inc. since 2007. He has been a Director of Granite Energy since December 2005. He has been a Director of CleanSpark, Inc. since March 13, 2014. He served as a Director of Amerigo Energy, Inc. since October 2008. He was Vice President of the Utah Consumer Lending Association from 1998 to 1999. Mr. Schultz studied Finance and Management at the University of Wyoming and Weber State University.
S.'s compensation has increased whilst company is loss making.
S.'s remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the CleanSpark management team is about average.
CEO & Director
COO & Director
Chief Technology Officer
Senior Vice President
Member of Board of Advisors
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the CleanSpark board of directors is about average.
CleanSpark, Inc. provides energy software and control technology in the United States. The company offers an integrated distributed energy management control platform that provides energy generation with storage devices, as well as controls facility loads to provide energy security in real time to commercial, industrial, mining, defense, campus, and residential users. It also provides turnkey microgrid implementation services, microgid design and engineering, project development consulting, and solar photovoltaic installation and consulting. In addition, the company offers mPulse software suite, a modular platform that enables fine-grained control of a Microgrid; and microgrid value stream optimizer that provides a robust distributed energy and microgrid system modeling solution. Further, it converts various materials, including municipal solid waste, municipal sewage sludge, food and cooking waste, petroleum sludge and oily wastes, animal manures, cellulosic and non-cellulosic biomass, energy crops, scrap tires, and coal into SynGas. The company’s SynGas is used as clean, renewable, environmentally friendly, and warming fuel for power plants and motor vehicles; and as feedstock for the generation of di-methyl ether. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is based in Bountiful, Utah.
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