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CLNE

Clean Energy Fuels NasdaqGS:CLNE Stock Report

Last Price

US$5.05

Market Cap

US$1.1b

7D

4.6%

1Y

-53.2%

Updated

24 Jun, 2022

Data

Company Financials +
CLNE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CLNE Stock Overview

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions, primarily in the United States and Canada.

Clean Energy Fuels Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Clean Energy Fuels
Historical stock prices
Current Share PriceUS$5.05
52 Week HighUS$11.19
52 Week LowUS$4.02
Beta1.89
1 Month Change0.80%
3 Month Change-36.24%
1 Year Change-53.24%
3 Year Change89.14%
5 Year Change98.82%
Change since IPO-58.06%

Recent News & Updates

Jun 13

Clean Energy Fuels: RNG Is The Future, But Avoid The Stock Now

Clean Energy continues down a path with limited financial traction from alternative transportation fuels. The company is building a future with a supply base of organic waste from dairy cows and pigs, but the timeline is still a couple of years out. The stock isn't appealing due to the history of weak margins and limited growth.

May 10
Broker Revenue Forecasts For Clean Energy Fuels Corp. (NASDAQ:CLNE) Are Surging Higher

Broker Revenue Forecasts For Clean Energy Fuels Corp. (NASDAQ:CLNE) Are Surging Higher

Celebrations may be in order for Clean Energy Fuels Corp. ( NASDAQ:CLNE ) shareholders, with the analysts delivering a...

Shareholder Returns

CLNEUS Oil and GasUS Market
7D4.6%-1.4%6.6%
1Y-53.2%26.2%-18.5%

Return vs Industry: CLNE underperformed the US Oil and Gas industry which returned 24.6% over the past year.

Return vs Market: CLNE underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is CLNE's price volatile compared to industry and market?
CLNE volatility
CLNE Average Weekly Movement11.5%
Oil and Gas Industry Average Movement8.7%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: CLNE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: CLNE's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001482Andrew Littlefairhttps://www.cleanenergyfuels.com

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions, primarily in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations. The company also designs, builds, operates, and maintains fueling stations; and sells and services compressors and other equipment that are used in RNG production and fueling stations.

Clean Energy Fuels Fundamentals Summary

How do Clean Energy Fuels's earnings and revenue compare to its market cap?
CLNE fundamental statistics
Market CapUS$1.13b
Earnings (TTM)-US$110.17m
Revenue (TTM)US$262.00m

4.3x

P/S Ratio

-10.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLNE income statement (TTM)
RevenueUS$262.00m
Cost of RevenueUS$229.44m
Gross ProfitUS$32.56m
Other ExpensesUS$142.73m
Earnings-US$110.17m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin12.43%
Net Profit Margin-42.05%
Debt/Equity Ratio4.8%

How did CLNE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CLNE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.8x
Enterprise Value/EBITDA-15.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CLNE's PS Ratio compare to its peers?

CLNE PS Ratio vs Peers
The above table shows the PS ratio for CLNE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.8x

Price-To-Sales vs Peers: CLNE is expensive based on its Price-To-Sales Ratio (4.3x) compared to the peer average (1.8x).


Price to Earnings Ratio vs Industry

How does CLNE's PE Ratio compare vs other companies in the U.S. Oil and Gas Industry?

Price-To-Sales vs Industry: CLNE is expensive based on its Price-To-Sales Ratio (4.3x) compared to the US Oil and Gas industry average (1.7x)


Price to Sales Ratio vs Fair Ratio

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

CLNE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.3x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: CLNE is expensive based on its Price-To-Sales Ratio (4.3x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).


Share Price vs Fair Value

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

Below Fair Value: CLNE ($5.05) is trading below our estimate of fair value ($12.55)

Significantly Below Fair Value: CLNE is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CLNE's PEG Ratio to determine if it is good value.


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Future Growth

How is Clean Energy Fuels forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


67.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLNE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: CLNE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CLNE is expected to become profitable in the next 3 years.

Revenue vs Market: CLNE's revenue (22% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: CLNE's revenue (22% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CLNE is forecast to be unprofitable in 3 years.


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Past Performance

How has Clean Energy Fuels performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-12.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CLNE is currently unprofitable.

Growing Profit Margin: CLNE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CLNE is unprofitable, and losses have increased over the past 5 years at a rate of 12.5% per year.

Accelerating Growth: Unable to compare CLNE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CLNE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (98.5%).


Return on Equity

High ROE: CLNE has a negative Return on Equity (-15.07%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Clean Energy Fuels's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CLNE's short term assets ($412.6M) exceed its short term liabilities ($114.9M).

Long Term Liabilities: CLNE's short term assets ($412.6M) exceed its long term liabilities ($79.5M).


Debt to Equity History and Analysis

Debt Level: CLNE has more cash than its total debt.

Reducing Debt: CLNE's debt to equity ratio has reduced from 45% to 4.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CLNE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CLNE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.1% per year.


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Dividend

What is Clean Energy Fuels's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CLNE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CLNE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CLNE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CLNE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CLNE has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

7.7yrs

Average management tenure


CEO

Andrew Littlefair (60 yo)

21yrs

Tenure

US$10,811,193

Compensation

Mr. Andrew J. Littlefair is a Co-Founder of Clean Energy Fuels Corp. and has been its Chief Executive Officer and President since June 2001. Mr. Littlefair served as Vice President of Public Affairs at Mes...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD10.81M) is above average for companies of similar size in the US market ($USD4.08M).

Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: CLNE's management team is seasoned and experienced (7.7 years average tenure).


Board Members

Experienced Board: CLNE's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CLNE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.


Top Shareholders

Company Information

Clean Energy Fuels Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Clean Energy Fuels Corp.
  • Ticker: CLNE
  • Exchange: NasdaqGS
  • Founded: 2001
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Implied Market Cap: US$1.125b
  • Shares outstanding: 222.78m
  • Website: https://www.cleanenergyfuels.com

Number of Employees


Location

  • Clean Energy Fuels Corp.
  • 4675 MacArthur Court
  • Suite 800
  • Newport Beach
  • California
  • 92660
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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 here.