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NASDAQ: CLSK
Cleanspark Inc Stock

$20.89+0.54 (+2.65%)
Updated Feb 27, 2024
CLSK Price
$20.89
Fair Value Price
N/A
Market Cap
$4.14B
52 Week Low
$2.04
52 Week High
$23.45
P/E
-25.17x
P/B
5.1x
P/S
9.2x
PEG
N/A
Dividend Yield
N/A
Revenue
$214.38M
Earnings
-$81.65M
Gross Margin
-8.8%
Operating Margin
-35.81%
Profit Margin
-38.4%
Debt to Equity
0.06
Operating Cash Flow
-$76M
Beta
1.55
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

CLSK Overview

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

Zen Score

Industry Average (27)
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Due Diligence Checks

CLSK is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CLSK is poor value based on its book value relative to its share price (5.1x), compared to the US Capital Markets industry average (1.75x)
P/B vs Industry Valuation
CLSK is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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CLSK News

Valuation

CLSK fair value

Fair Value of CLSK stock based on Discounted Cash Flow (DCF)
Price
$20.89
Fair Value
$7.23
Overvalued by
188.82%
CLSK is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CLSK price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-25.17x
Industry
18.45x
Market
36.02x

CLSK price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
5.1x
Industry
1.75x
CLSK is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CLSK's financial health

Profit margin

Revenue
$73.8M
Net Income
$25.9M
Profit Margin
34.3%
CLSK's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CLSK's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$862.7M
Liabilities
$52.2M
Debt to equity
0.06
CLSK's short-term assets ($181.71M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CLSK's short-term assets ($181.71M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CLSK's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CLSK's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$40.0M
Investing
-$32.8M
Financing
$92.1M
CLSK's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CLSK vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
CLSK$4.14B+2.65%-25.17x5.10x
RIOT$4.26B-3.28%-60.00x2.26x
LAZ$4.39B+1.33%-43.27x10.36x
MC$3.80B-0.17%-148.44x10.80x
FRHC$4.60B+0.55%14.24x4.44x

Cleanspark Stock FAQ

What is Cleanspark's quote symbol?

(NASDAQ: CLSK) Cleanspark trades on the NASDAQ under the ticker symbol CLSK. Cleanspark stock quotes can also be displayed as NASDAQ: CLSK.

If you're new to stock investing, here's how to buy Cleanspark stock.

What is the 52 week high and low for Cleanspark (NASDAQ: CLSK)?

(NASDAQ: CLSK) Cleanspark's 52-week high was $23.45, and its 52-week low was $2.04. It is currently -10.92% from its 52-week high and 926.54% from its 52-week low.

How much is Cleanspark stock worth today?

(NASDAQ: CLSK) Cleanspark currently has 198,064,754 outstanding shares. With Cleanspark stock trading at $20.89 per share, the total value of Cleanspark stock (market capitalization) is $4.14B.

Cleanspark stock was originally listed at a price of $37.00 in Nov 14, 2016. If you had invested in Cleanspark stock at $37.00, your return over the last 7 years would have been -43.54%, for an annualized return of -7.84% (not including any dividends or dividend reinvestments).

How much is Cleanspark's stock price per share?

(NASDAQ: CLSK) Cleanspark stock price per share is $20.89 today (as of Feb 27, 2024).

What is Cleanspark's Market Cap?

(NASDAQ: CLSK) Cleanspark's market cap is $4.14B, as of Feb 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Cleanspark's market cap is calculated by multiplying CLSK's current stock price of $20.89 by CLSK's total outstanding shares of 198,064,754.
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