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ClearOne

Nasdaq:CLRO
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CLRO
Nasdaq
$31M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for voice and visual communications in the United States and internationally. The last earnings update was 128 days ago. More info.


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  • ClearOne has significant price volatility in the past 3 months.
CLRO Share Price and Events
7 Day Returns
2.2%
NasdaqCM:CLRO
3.9%
US Communications
2.9%
US Market
1 Year Returns
-77.7%
NasdaqCM:CLRO
11.3%
US Communications
1.4%
US Market
CLRO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ClearOne (CLRO) 2.2% -6.6% 48.4% -77.7% -84.8% -83.7%
US Communications 3.9% 7.2% 15.6% 11.3% 76.6% 87.3%
US Market 2.9% 2.5% 10% 1.4% 38.3% 42%
1 Year Return vs Industry and Market
  • CLRO underperformed the Communications industry which returned 11.3% over the past year.
  • CLRO underperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
CLRO
Industry
5yr Volatility vs Market
Related Companies

Value

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

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for ClearOne. This is due to cash flow or dividend data being unavailable. The share price is $1.84.
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 ClearOne's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ClearOne's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CLRO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-2.13
NasdaqCM:CLRO Share Price ** NasdaqCM (2019-03-15) in USD $1.84
United States of America Communications Industry PE Ratio Median Figure of 33 Publicly-Listed Communications Companies 30.4x
United States of America Market PE Ratio Median Figure of 3,054 Publicly-Listed Companies 17.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ClearOne.

NasdaqCM:CLRO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CLRO Share Price ÷ EPS (both in USD)

= 1.84 ÷ -2.13

-0.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ClearOne is loss making, we can't compare its value to the US Communications industry average.
  • ClearOne is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does ClearOne's expected growth come at a high price?
Raw Data
NasdaqCM:CLRO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
66.8%per year
United States of America Communications Industry PEG Ratio Median Figure of 21 Publicly-Listed Communications Companies 1.35x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ClearOne, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ClearOne's assets?
Raw Data
NasdaqCM:CLRO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $5.39
NasdaqCM:CLRO Share Price * NasdaqCM (2019-03-15) in USD $1.84
United States of America Communications Industry PB Ratio Median Figure of 67 Publicly-Listed Communications Companies 1.84x
United States of America Market PB Ratio Median Figure of 5,152 Publicly-Listed Companies 1.87x
NasdaqCM:CLRO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CLRO Share Price ÷ Book Value per Share (both in USD)

= 1.84 ÷ 5.39

0.34x

* Primary Listing of ClearOne.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ClearOne is good value based on assets compared to the US Communications industry average.
X
Value checks
We assess ClearOne's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. ClearOne has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover ClearOne, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
66.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ClearOne expected to grow at an attractive rate?
  • ClearOne's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • ClearOne's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare ClearOne's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CLRO Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:CLRO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 66.8%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 15.2%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CLRO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CLRO Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqCM:CLRO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 30 -5 -18
2018-06-30 34 -6 -17
2018-03-31 37 -8 -16
2017-12-31 42 -9 -14
2017-09-30 43 -7 -12
2017-06-30 46 0 -1
2017-03-31 47 4 1
2016-12-31 49 8 2
2016-09-30 52 9 5
2016-06-30 55 8 6
2016-03-31 57 7 7
2015-12-31 58 8 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ClearOne's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if ClearOne 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.
Raw Data
NasdaqCM:CLRO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ClearOne Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CLRO Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqCM:CLRO Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -2.13
2018-06-30 -2.02
2018-03-31 -1.84
2017-12-31 -1.65
2017-09-30 -1.34
2017-06-30 -0.13
2017-03-31 0.07
2016-12-31 0.27
2016-09-30 0.56
2016-06-30 0.69
2016-03-31 0.75
2015-12-31 0.74

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ClearOne will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess ClearOne's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ClearOne has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ClearOne performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ClearOne's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ClearOne does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare ClearOne's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ClearOne's 1-year growth to the US Communications industry average as it is not currently profitable.
Earnings and Revenue History
ClearOne's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ClearOne Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CLRO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 30.20 -17.76 16.46 8.15
2018-06-30 34.08 -16.89 14.84 8.64
2018-03-31 37.42 -15.55 16.50 9.04
2017-12-31 41.80 -14.17 18.16 9.34
2017-09-30 43.28 -11.65 18.75 9.03
2017-06-30 45.63 -1.17 18.59 8.88
2017-03-31 47.28 0.61 17.98 8.65
2016-12-31 48.64 2.44 17.36 8.56
2016-09-30 52.19 5.10 16.93 8.67
2016-06-30 55.20 6.31 17.35 8.69
2016-03-31 57.24 6.87 17.74 8.65
2015-12-31 57.80 6.78 18.14 8.32
2015-09-30 58.86 7.84 18.31 8.21
2015-06-30 58.69 7.01 18.10 8.39
2015-03-31 58.79 6.38 17.71 8.67
2014-12-31 57.91 5.60 17.79 8.97
2014-09-30 56.79 4.70 17.39 8.95
2014-06-30 53.42 4.77 16.68 8.42
2014-03-31 51.01 4.93 15.95 7.94
2013-12-31 49.59 5.18 15.31 7.56
2013-09-30 48.40 27.95 15.49 7.76
2013-06-30 47.60 27.29 15.16 7.93
2013-03-31 47.56 26.90 15.50 8.12
2012-12-31 46.42 26.65 15.05 8.26
2012-09-30 45.35 3.55 13.71 7.88
2012-06-30 45.29 5.92 13.94 7.71
2012-03-31 45.52 6.60 13.54 7.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if ClearOne has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if ClearOne has efficiently used its assets last year compared to the US Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if ClearOne improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess ClearOne's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
ClearOne 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ClearOne's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ClearOne's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ClearOne is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ClearOne's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ClearOne's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • ClearOne has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ClearOne Company Filings, last reported 5 months ago.

NasdaqCM:CLRO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 44.74 0.00 4.49
2018-06-30 54.79 0.00 6.93
2018-03-31 56.87 0.00 8.71
2017-12-31 56.57 0.00 8.26
2017-09-30 61.58 0.00 6.97
2017-06-30 72.44 0.00 9.51
2017-03-31 75.86 0.00 14.50
2016-12-31 77.45 0.00 17.13
2016-09-30 79.96 0.00 19.33
2016-06-30 79.78 0.00 16.69
2016-03-31 82.51 0.00 19.80
2015-12-31 82.57 0.00 20.57
2015-09-30 81.41 0.00 19.09
2015-06-30 78.67 0.00 17.26
2015-03-31 77.11 0.00 18.18
2014-12-31 76.02 0.00 14.43
2014-09-30 74.87 0.00 14.68
2014-06-30 73.93 0.00 11.69
2014-03-31 73.77 0.00 12.38
2013-12-31 70.34 0.00 20.39
2013-09-30 68.60 0.00 20.21
2013-06-30 67.66 0.00 32.72
2013-03-31 66.96 0.00 42.58
2012-12-31 66.67 0.00 55.51
2012-09-30 41.71 0.00 14.33
2012-06-30 40.79 0.00 10.42
2012-03-31 40.17 0.00 10.58
  • ClearOne has no debt.
  • ClearOne has not taken on any debt in the past 5 years.
  • ClearOne has no debt, it does not need to be covered by operating cash flow.
  • ClearOne has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess ClearOne's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ClearOne has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from ClearOne dividends.
If you bought $2,000 of ClearOne shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate ClearOne's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ClearOne's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CLRO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:CLRO Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NasdaqCM:CLRO Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-11-09 0.000 0.000
2018-08-09 0.000 0.000
2018-02-21 0.000 0.000
2017-11-08 0.280 3.490
2017-08-07 0.280 3.712
2017-03-14 0.280 2.823
2017-01-31 0.200 1.735
2016-11-01 0.200 1.760
2016-03-15 0.155 1.392
2016-03-10 0.155 1.292
2015-11-19 0.200 1.636
2015-10-21 0.140 1.157
2015-07-16 0.140 1.156
2015-04-28 0.140 1.067
2015-03-31 0.140 1.298
2015-03-12 0.140 1.293

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as ClearOne has not reported any payouts.
  • Unable to verify if ClearOne's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ClearOne's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ClearOne 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.
X
Income/ dividend checks
We assess ClearOne's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ClearOne afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ClearOne has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

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.
CEO
Zee Hakimoglu
COMPENSATION $524,895
AGE 62
TENURE AS CEO 14.7 years
CEO Bio

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 Communications Inc. since May 15, 2009. She joined ClearOne, Inc. in December 2003. She served as the Vice President of Product Management of ClearOne Communications Inc. from December 2003 to July 2004. She has more than 15 years senior-level, High-Tech management experience, including product development and management, business development and engineering management. Ms. Hakimoglu served as Vice President, Product Line Management of Oplink Communications Inc., from November 2001 to December 17, 2002. She served as President of OZ Optics USA and Executive Vice President, Business Development of OZ Optics Limited from August 2000 to November 2001. From August 1999 to August 2000, Ms. Hakimoglu served as Deputy General Manager for the Kaifa Technology Business Unit of E-TEK Dynamics until it was acquired by JDS Uniphase. From October 1998 to August 2000, she also served as the Vice President for Business Development of Kaifa Technology. From June 1997 to October 1998, she served as Director, Sales Development with DiCon Fiberoptics, a fiber optics company. Ms. Hakimoglu served as the Vice President for the Microwave Radio Products Business Unit for Aydin Corporation, a telecommunications equipment company from May 1982 to September 1996. She served as vice president of wireless engineering and wireless business Unit Vice President for Aydin Corp. from May to September 1996. Ms. Hakimoglu has been the Chairman of ClearOne, Inc. since July 9, 2007 and its Director since April 28, 2006. She also was a Director for the CATV Sales Group. She is a Member of the Institute of Electrical and Electronics Engineers and the Society of Women Engineers. Ms. Hakimoglu earned a B.S. Degree in Physics from California State College, Sonoma and an M.S. degree in Physics from Drexel University.

CEO Compensation
  • Zee's compensation has been consistent with company performance over the past year.
  • Zee's remuneration is about average for companies of similar size in United States of America.
Management Team

Zee Hakimoglu

TITLE
Chairman
COMPENSATION
$525K
AGE
62
TENURE
14.7 yrs

Narsi Narayanan

TITLE
Senior VP of Finance & Corporate Secretary
COMPENSATION
$279K
AGE
48
TENURE
9.7 yrs
Board of Directors Tenure

Average tenure and age of the ClearOne board of directors in years:

11.7
Average Tenure
62
Average Age
  • The average tenure for the ClearOne board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Zee Hakimoglu

TITLE
Chairman
COMPENSATION
$525K
AGE
62
TENURE
11.7 yrs

Larry Hendricks

TITLE
Director
COMPENSATION
$67K
AGE
75
TENURE
15.8 yrs

Eric Robinson

TITLE
Director
COMPENSATION
$70K
AGE
51
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
07. Dec 18 Buy Bla Investment Irrevocable Trust Company 04. Dec 18 04. Dec 18 1,452,634 $1.20 $1,743,161
07. Dec 18 Buy Edward Bagley Individual 04. Dec 18 04. Dec 18 2,724,507 $1.20 $3,269,408
07. Dec 18 Buy Bryan Bagley Individual 04. Dec 18 04. Dec 18 684,564 $1.20 $821,477
27. Nov 18 Buy Zeynep Hakimoglu Individual 23. Nov 18 27. Nov 18 116,653 $1.27 $148,149
23. Nov 18 Sell Larry Hendricks Individual 20. Nov 18 20. Nov 18 -3,765 $1.25 $-4,706
21. Nov 18 Buy Zeynep Hakimoglu Individual 19. Nov 18 20. Nov 18 30,974 $1.27 $39,337
15. Nov 18 Buy Zeynep Hakimoglu Individual 13. Nov 18 15. Nov 18 86,439 $1.27 $107,626
X
Management checks
We assess ClearOne's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ClearOne has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

The ClearOne Share Price Is Down 84% So Some Shareholders Are Rather Upset

In that time the share price has melted like a snowball in the desert, down 84%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over the three years that the share price declined, ClearOne's earnings per share (EPS) dropped significantly, falling to a loss.

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What Kind Of Investor Owns Most Of ClearOne, Inc. (NASDAQ:CLRO)?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … With a market capitalization of US$31m, ClearOne is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

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ClearOne, Inc. (NASDAQ:CLRO): Time For A Financial Health Check

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is CLRO growing fast enough to value financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

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Who Has Been Buying ClearOne, Inc. (NASDAQ:CLRO) Shares?

So we'll take a look at whether insiders have been buying or selling shares in ClearOne, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'.

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Is ClearOne Inc's (NASDAQ:CLRO) CEO Being Overpaid?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Zee Hakimoglu's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that ClearOne Inc has a market cap of US$11m, and is paying total annual CEO compensation of US$525k

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Is ClearOne Inc's (NASDAQ:CLRO) Balance Sheet A Threat To Its Future?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is CLRO right in choosing financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

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Should ClearOne Inc (NASDAQ:CLRO) Be Part Of Your Portfolio?

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … Over the past 3 years, ClearOne Inc (NASDAQ:CLRO) has returned an average of 2.00% per year to shareholders in terms of dividend yield. … Let's take a look at ClearOne in more detail.

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Does ClearOne Inc's (NASDAQ:CLRO) CEO Pay Reflect Performance?

Check out our latest analysis for ClearOne What has CLRO's performance been like? … Typically I would use earnings and market cap to account for variations in performance, however, CLRO's negative earnings reduces the effectiveness of this method. … Overall, even though CLRO is loss-making, it seems like the CEO’s pay is fair.

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Is ClearOne Inc (NASDAQ:CLRO) A Strong Dividend Stock?

ClearOne Inc (NASDAQ:CLRO) has returned to shareholders over the past 3 years, an average dividend yield of 2.00% annually. … Check out our latest analysis for ClearOne 5 checks you should use to assess a dividend stock When researching a dividend stock, I always follow the following screening criteria: Does it pay an annual yield higher than 75% of dividend payers? … NasdaqCM:CLRO Historical Dividend Yield May 8th 18 Does ClearOne pass our checks?

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Should You Be Concerned About ClearOne Inc's (NASDAQ:CLRO) Shareholders?

See our latest analysis for ClearOne NasdaqCM:CLRO Ownership_summary Apr 13th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … With an institutional ownership of 6.85%, CLRO doesn't seem too exposed to higher volatility resulting from institutional trading. … General Public Ownership The general public holds a substantial 41.15% stake in CLRO, making it a highly popular stock among retail investors.

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Company Info

Description

ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for voice and visual communications in the United States and internationally. The company offers various professional audio communication products, including professional 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; and professional microphones for use in various applications. It also provides unified communications audio end points comprising traditional tabletop conferencing phones used in conference rooms and offices; and personal conferencing products that could be used with PCs, laptops, tablets, smartphones, and other portable devices. The company’s audio communication products and unified communications audio end points enhance communication during a conference call by eliminating echo and background noise. In addition, it offers visual communication products, such as video conferencing products; streaming products, which deliver the Internet protocol (IP) A/V experience by streaming time sensitive high definition audio and video and control over TCP/IP networks; and digital signage systems. The company sells its commercial products to a network of independent audiovisual, information technology, and telecommunications distributors, as well as independent systems integrators, dealers, value-added resellers, and end-users. ClearOne, Inc. was founded in 1983 and is headquartered in Salt Lake City, Utah.

Details
Name: ClearOne, Inc.
CLRO
Exchange: NasdaqCM
Founded: 1983
$30,568,048
16,613,070
Website: http://www.clearone.com
Address: ClearOne, Inc.
Edgewater Corporate Park South Tower,
5225 Wiley Post Way,
Salt Lake City,
Utah, 84116,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CLRO Common Stock Nasdaq Capital Market US USD 03. Mar 1989
Number of employees
Current staff
Staff numbers
0
ClearOne employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:34
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2018/04/21
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.