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.
Mediocre balance sheet and overvalued.
Share Price & News
How has ClearOne's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLRO's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CLRO underperformed the US Communications industry which returned -9.1% over the past year.
Return vs Market: CLRO underperformed the US Market which returned 9.1% over the past year.
Price Volatility Vs. Market
How volatile is ClearOne's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StCould The ClearOne, Inc. (NASDAQ:CLRO) Ownership Structure Tell Us Something Useful?
1 month ago | Simply Wall StDid You Manage To Avoid ClearOne's (NASDAQ:CLRO) Devastating 84% Share Price Drop?
2 months ago | Simply Wall StHow Should Investors React To ClearOne, Inc.'s (NASDAQ:CLRO) CEO Pay?
Is ClearOne undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) 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 unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: CLRO is unprofitable, so we can't compare its PE Ratio to the US market.
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 (0.7x) compared to the US Communications industry average (1.8x).
How is ClearOne forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has ClearOne performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLRO is currently unprofitable.
Growing Profit Margin: CLRO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CLRO is unprofitable, and losses have increased over the past 5 years at a rate of -55.8% per year.
Accelerating Growth: Unable to compare CLRO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CLRO is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-28.8%).
Return on Equity
High ROE: CLRO has a negative Return on Equity (-18.55%), as it is currently unprofitable.
How is ClearOne's financial position?
Financial Position Analysis
Short Term Liabilities: CLRO's short term assets ($22.2M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: CLRO's short term assets ($22.2M) exceed its long term liabilities ($4.3M).
Debt to Equity History and Analysis
Debt Level: CLRO's debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CLRO's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CLRO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CLRO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.5% each year
What is ClearOne's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLRO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CLRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLRO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CLRO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLRO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Zee Hakimoglu (63yo)
Ms. Zeynep Hakimoglu, also known as Zee, has been the Chief Executive Officer and President of ClearOne, Inc. since July 8, 2004. Ms. Hakimoglu served as an Interim Principal Financial Officer of ClearOne ...
CEO Compensation Analysis
Compensation vs Market: Zee's total compensation ($USD355.00K) is below average for companies of similar size in the US market ($USD589.04K).
Compensation vs Earnings: Zee's compensation has been consistent with company performance over the past year.
|Independent Director||16.83yrs||US$37.80k||0.018% $5.3k|
|Independent Director||4.83yrs||US$37.20k||0.00039% $112.3|
|Independent Director||1yr||US$25.10k||0.018% $5.2k|
Experienced Board: CLRO's board of directors are considered experienced (8.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ClearOne, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: ClearOne, Inc.
- Ticker: CLRO
- Exchange: NasdaqCM
- Founded: 1983
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$28.806m
- Shares outstanding: 16.65m
- Website: https://www.clearone.com
Number of Employees
- ClearOne, Inc.
- Edgewater Corporate Park South Tower
- 5225 Wiley Post Way
- Salt Lake City
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CLRO||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Mar 1989|
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. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was founded in 1983 and is headquartered in Salt Lake City, Utah.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 02:48|
|End of Day Share Price||2020/05/29 00:00|
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.