NYSE:CLW

Stock Analysis Report

Executive Summary

Clearwater Paper Corporation produces and sells produces and sells private label tissue and bleached paperboard products in the United States and internationally.

Snowflake

Fundamentals

Fair value with moderate growth potential.

Risks

  • Clearwater Paper has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Clearwater Paper's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.7%

NYSE:CLW

-1.3%

US Forestry

-1.6%

US Market


1 Year Return

-45.6%

NYSE:CLW

-24.7%

US Forestry

-3.0%

US Market

CLW underperformed the Forestry industry which returned -24.7% over the past year.

CLW underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

CLWIndustryMarket
7 Day-5.7%-1.3%-1.6%
30 Day-17.2%-11.0%-5.7%
90 Day-12.8%-8.4%0.2%
1 Year-45.6%-45.6%-22.0%-24.7%-0.8%-3.0%
3 Year-74.7%-74.7%7.8%0.2%38.1%29.1%
5 Year-77.4%-77.4%2.3%-8.4%50.8%34.1%

Price Volatility Vs. Market

How volatile is Clearwater Paper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Clearwater Paper undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Clearwater Paper's share price is below the future cash flow value, and at a moderate discount (> 20%).

Clearwater Paper's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Clearwater Paper is loss making, we can't compare its value to the US Forestry industry average.

Clearwater Paper is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Clearwater Paper, we can't assess if its growth is good value.


Price Based on Value of Assets

Clearwater Paper is good value based on assets compared to the US Forestry industry average.


Next Steps

Future Growth

How is Clearwater Paper expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

175.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Clearwater Paper's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).

Clearwater Paper's earnings are expected to grow significantly at over 20% yearly.

Clearwater Paper's revenue growth is positive but not above the United States of America market average.

Clearwater Paper's earnings growth is expected to exceed the United States of America market average.

Clearwater Paper's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Clearwater Paper will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Clearwater Paper performed over the past 5 years?

-31.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Clearwater Paper does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Clearwater Paper's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Clearwater Paper's 1-year growth to the US Forestry industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Clearwater Paper has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Clearwater Paper has efficiently used its assets last year compared to the US Forestry industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Clearwater Paper improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Clearwater Paper's financial position?


Financial Position Analysis

Clearwater Paper's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Clearwater Paper's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Clearwater Paper's level of debt (208.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (117.1% vs 208.7% today).

Debt is not well covered by operating cash flow (8%, less than 20% of total debt).

Clearwater Paper is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.6x debt.


Next Steps

Dividend

What is Clearwater Paper's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Clearwater Paper's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Clearwater Paper's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Clearwater Paper has not reported any payouts.

Unable to verify if Clearwater Paper's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Clearwater Paper has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Clearwater Paper's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average management tenure


CEO

Linda Massman (52yo)

6.6yrs

Tenure

US$4,045,905

Compensation

Ms. Linda K. Massman has been the President and Chief Executive Officer of Clearwater Paper Corporation since November 1, 2011 and January 1, 2013 respectively. Ms. Massman served as the Chief Financial Of ...


CEO Compensation Analysis

Linda's remuneration is higher than average for companies of similar size in United States of America.

Linda's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.0yrs

Average Tenure

54yo

Average Age

The tenure for the Clearwater Paper management team is about average.


Board Age and Tenure

3.3yrs

Average Tenure

59yo

Average Age

The tenure for the Clearwater Paper board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$98,58303 May 19
Linda Massman
EntityIndividual
Role
Chief Executive Officer
President
Shares5,500
Max PriceUS$17.92

Ownership Breakdown


Management Team

  • Robin Yim

    Vice President of Investor Relations

    • Tenure: 0.0yrs
  • Michael Gadd (54yo)

    Senior VP

    • Tenure: 10.7yrs
    • Compensation: US$1.07m
  • Linda Massman (52yo)

    President

    • Tenure: 6.6yrs
    • Compensation: US$4.05m
  • Robert Hrivnak (59yo)

    Senior VP of Finance & CFO

    • Tenure: 0.3yrs
  • Kari Moyes (51yo)

    Senior Vice President of Human Resources

    • Tenure: 4.5yrs
    • Compensation: US$828.88k
  • Robert Dammarell (55yo)

    VP, Corporate Controller & Principal Accounting Officer

    • Tenure: 4.0yrs
  • Arsen Kitch (37yo)

    Senior VP & GM of Consumer Products Division

    • Tenure: 1.3yrs
    • Compensation: US$851.76k
  • Steve Bowden (55yo)

    Senior VP and GM of Pulp & Paperboard Division

    • Tenure: 0.8yrs
  • Shannon Myers

    Senior Director of Corporate Communications

    • Tenure: 0.0yrs

Board Members

  • Bill Larsson (74yo)

    Director

    • Tenure: 10.7yrs
    • Compensation: US$205.03k
  • Kevin Hunt (68yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$194.51k
  • John O'Donnell (59yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$177.53k
  • Joe Laymon (66yo)

    Director

    • Tenure: 0.3yrs
  • Alex Toeldte (59yo)

    Chairman of the Board & Lead independent director

    • Tenure: 0.9yrs
    • Compensation: US$208.71k
  • John Corkrean (53yo)

    Director

    • Tenure: 0.3yrs
  • Linda Massman (52yo)

    President

    • Tenure: 6.6yrs
    • Compensation: US$4.05m

Company Information

Clearwater Paper Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Clearwater Paper Corporation
  • Ticker: CLW
  • Exchange: NYSE
  • Founded:
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: US$258.462m
  • Shares outstanding: 16.52m
  • Website: https://www.clearwaterpaper.com

Number of Employees


Location

  • Clearwater Paper Corporation
  • 601 West Riverside Avenue
  • Suite 1100
  • Spokane
  • Washington
  • 99201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLWNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 2008
5WCDB (Deutsche Boerse AG)YesCommon StockDEEURDec 2008

Biography

Clearwater Paper Corporation produces and sells produces and sells private label tissue and bleached paperboard products in the United States and internationally. It operates in two segments, Consumer Prod ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:07
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.