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CLRO

ClearOneNasdaqCM:CLRO Stock Report

Market Cap

US$31.1m

7D

3.7%

1Y

-39.3%

Updated

08 Dec, 2021

Data

Company Financials
CLRO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

CLRO Stock Overview

ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally.

ClearOne Competitors

Cisco Systems

NasdaqGS:CSCO

US$240.5b

Plantronics

NYSE:POLY

US$1.2b

Microsoft

NasdaqGS:MSFT

US$2.5t

Adobe

NasdaqGS:ADBE

US$310.7b

Price History & Performance

Summary of all time highs, changes and price drops for ClearOne
Historical stock prices
Current Share PriceUS$1.39
52 Week HighUS$4.28
52 Week LowUS$1.26
Beta1.23
1 Month Change-8.55%
3 Month Change-46.74%
1 Year Change-39.30%
3 Year Change0.73%
5 Year Change-87.36%
Change since IPO-25.87%

Recent News & Updates

Shareholder Returns

CLROUS CommunicationsUS Market
7D3.7%3.4%4.0%
1Y-39.3%30.9%21.7%

Return vs Industry: CLRO underperformed the US Communications industry which returned 32.2% over the past year.

Return vs Market: CLRO underperformed the US Market which returned 19.8% over the past year.

Price Volatility

Is CLRO's price volatile compared to industry and market?
CLRO volatility
CLRO Average Weekly Movement8.5%
Communications Industry Average Movement6.6%
Market Average Movement6.3%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.4%

Stable Share Price: CLRO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CLRO's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983126Zee Hakimogluhttps://www.clearone.com

ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks.

ClearOne Fundamentals Summary

How do ClearOne's earnings and revenue compare to its market cap?
CLRO fundamental statistics
Market CapUS$31.14m
Earnings (TTM)US$139.00k
Revenue (TTM)US$30.33m

224.2x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLRO income statement (TTM)
RevenueUS$30.33m
Cost of RevenueUS$16.09m
Gross ProfitUS$14.24m
ExpensesUS$14.10m
EarningsUS$139.00k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0062
Gross Margin46.95%
Net Profit Margin0.46%
Debt/Equity Ratio10.8%

How did CLRO perform over the long term?

See historical performance and comparison

Valuation

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

224.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CLRO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CLRO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CLRO is poor value based on its PE Ratio (224.2x) compared to the US Communications industry average (28.4x).

PE vs Market: CLRO is poor value based on its PE Ratio (224.2x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CLRO is good value based on its PB Ratio (0.6x) compared to the US Communications industry average (2.1x).


Future Growth

How is ClearOne forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

Forecasted Tech industry annual growth in earnings


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 ClearOne 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 SimplyWall St do have past financial data.


Past Performance

How has ClearOne performed over the past 5 years?

5.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLRO has a high level of non-cash earnings.

Growing Profit Margin: CLRO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CLRO has become profitable over the past 5 years, growing earnings by 5.1% per year.

Accelerating Growth: CLRO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CLRO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (22.8%).


Return on Equity

High ROE: CLRO's Return on Equity (0.3%) is considered low.


Financial Health

How is ClearOne's financial position?


Financial Position Analysis

Short Term Liabilities: CLRO's short term assets ($34.1M) exceed its short term liabilities ($10.3M).

Long Term Liabilities: CLRO's short term assets ($34.1M) exceed its long term liabilities ($4.2M).


Debt to Equity History and Analysis

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

Reducing Debt: Insufficient data to determine if CLRO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CLRO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CLRO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is ClearOne current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: CLRO is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CLRO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

6.4yrs

Average board tenure


CEO

Zee Hakimoglu (65 yo)

17.42yrs

Tenure

US$423,500

Compensation

Ms. Zeynep Hakimoglu, also known as Zee, has been the Chief Executive Officer and President of ClearOne, Inc. since July 8, 2004. Ms. Hakimoglu served as an Interim Principal Financial Officer of ClearOne...


CEO Compensation Analysis

Compensation vs Market: Zee's total compensation ($USD423.50K) is about average for companies of similar size in the US market ($USD562.05K).

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


Board Members

Experienced Board: CLRO's board of directors are considered experienced (6.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CLRO 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 19.4%.


Top Shareholders

Company Information

ClearOne, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ClearOne, Inc.
  • Ticker: CLRO
  • Exchange: NasdaqCM
  • Founded: 1983
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$31.140m
  • Shares outstanding: 22.40m
  • Website: https://www.clearone.com

Number of Employees


Location

  • ClearOne, Inc.
  • Edgewater Corporate Park South Tower
  • 5225 Wiley Post Way
  • Salt Lake City
  • Utah
  • 84116
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/08 23:58
End of Day Share Price2021/12/08 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.