company background image
CLW

Clearwater Paper NYSE:CLW Stock Report

Last Price

US$32.63

Market Cap

US$551.0m

7D

-5.1%

1Y

15.3%

Updated

24 May, 2022

Data

Company Financials +
CLW fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CLW Stock Overview

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally.

Clearwater Paper Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Clearwater Paper
Historical stock prices
Current Share PriceUS$32.63
52 Week HighUS$44.73
52 Week LowUS$25.07
Beta1.01
1 Month Change19.26%
3 Month Change12.87%
1 Year Change15.26%
3 Year Change84.04%
5 Year Change-30.94%
Change since IPO190.04%

Recent News & Updates

Apr 14

Clearwater Paper: Reiterating Our Neutral Rating

Not expecting a great Q1 - we forecast a better Q2 in terms of price increase. Higher input costs and energy pressure to be priced in. Significant capacity additions have been added by producers, Clearwater Paper is going to suffer to sustain margin over the long run.

Shareholder Returns

CLWUS ForestryUS Market
7D-5.1%-7.8%-4.0%
1Y15.3%-9.1%-13.2%

Return vs Industry: CLW exceeded the US Forestry industry which returned -8.9% over the past year.

Return vs Market: CLW exceeded the US Market which returned -12.3% over the past year.

Price Volatility

Is CLW's price volatile compared to industry and market?
CLW volatility
CLW Average Weekly Movement7.8%
Forestry Industry Average Movement7.8%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: CLW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CLW's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20053,000Arsen Kitchhttps://www.clearwaterpaper.com

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through two segments, Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment offers folding cartons, liquid packaging, cups and plates, blister and carded packaging products, top sheet and commercial printing items, and softwood pulp products, as well as custom sheeting, slitting, and cutting of paperboard products.

Clearwater Paper Fundamentals Summary

How do Clearwater Paper's earnings and revenue compare to its market cap?
CLW fundamental statistics
Market CapUS$551.04m
Earnings (TTM)-US$23.60m
Revenue (TTM)US$1.83b

0.3x

P/S Ratio

-23.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLW income statement (TTM)
RevenueUS$1.83b
Cost of RevenueUS$1.64b
Gross ProfitUS$193.50m
Other ExpensesUS$217.10m
Earnings-US$23.60m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.40
Gross Margin10.55%
Net Profit Margin-1.29%
Debt/Equity Ratio116.5%

How did CLW perform over the long term?

See historical performance and comparison

Valuation

Is Clearwater Paper undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


1.04x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: CLW ($32.63) is trading above our estimate of fair value ($25.51)

Significantly Below Fair Value: CLW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CLW is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US Forestry industry average.

PE vs Market: CLW is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CLW is good value based on its Price-To-Book Ratio (1x) compared to the US Forestry industry average (1.2x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


5.2%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CLW's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if CLW's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CLW's revenue (5.2% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: CLW's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CLW's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Clearwater Paper 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


-11.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CLW is currently unprofitable.

Growing Profit Margin: CLW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CLW is unprofitable, and losses have increased over the past 5 years at a rate of 11.9% per year.

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

Earnings vs Industry: CLW is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (76.7%).


Return on Equity

High ROE: CLW has a negative Return on Equity (-4.45%), as it is currently unprofitable.


Financial Health

How is Clearwater Paper's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CLW's short term assets ($507.5M) exceed its short term liabilities ($256.1M).

Long Term Liabilities: CLW's short term assets ($507.5M) do not cover its long term liabilities ($897.0M).


Debt to Equity History and Analysis

Debt Level: CLW's net debt to equity ratio (109.7%) is considered high.

Reducing Debt: CLW's debt to equity ratio has reduced from 147.7% to 116.5% over the past 5 years.

Debt Coverage: CLW's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: CLW's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Dividend

What is Clearwater Paper 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 CLW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CLW'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 CLW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CLW'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 CLW has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Arsen Kitch (39 yo)

2.08yrs

Tenure

US$3,508,328

Compensation

Mr. Arsen S. Kitch has been President, Chief Executive Officer and Director of Clearwater Paper Corporation since April 1, 2020. He served as Vice President, Finance and Vice President Financial Planning a...


CEO Compensation Analysis

Compensation vs Market: Arsen's total compensation ($USD3.51M) is above average for companies of similar size in the US market ($USD2.59M).

Compensation vs Earnings: Arsen's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CLW's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: CLW's board of directors are considered experienced (3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CLW insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Clearwater Paper Corporation
  • Ticker: CLW
  • Exchange: NYSE
  • Founded: 2005
  • Industry: Paper Products
  • Sector: Materials
  • Implied Market Cap: US$551.035m
  • Shares outstanding: 16.89m
  • Website: https://www.clearwaterpaper.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 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.