* Note: Prices are in Million (M) USD.
Description:
CleanSpark, Inc. provides energy software and control technology solutions worldwide. The company is headquartered in Woods Cross, Utah.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Cash : $458 M
Debt : $1,789 M
EBITDA : $139 M
Net Debt (Debt - Cash): $1,331 M
Since EBITDA cannot cover net debt within 3 years, Avoid This Stock.
This criteria used industry in which company operates:
Sector: Real estate & construction
Industry: Blank checks
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Message: Cannot calculate PE Ratio since EPS is either 0 or negative.
Using default values for calculation.
Forward PE Ratio (using default values): 20.00
Since Forward PE Ratio is between 20 - 25, 2 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Using last 18 overlapping fiscal years (max 20).Average Free Cash Flow: $-155 M
Average Revenue: $83 M
Revenue Converted To Free Cash Flow (%): -186.5%
Since Free Cash Flow (FCF) to Revenue percentage is non-positive, 0 point assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2025-09-30): $766 M
Revenue 5 Years Ago (2020-09-30): $10 M
Total Growth over 5 Years: 7,541.2%
5-Year Revenue CAGR (Historical): 138.0%
Forward 5-Year CAGR (Tapered): 69.0%
Since historical Revenue CAGR is greater than 20, 5 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2025-09-30): $318 M
Share Count 5 Years Ago (2021-09-30): $29 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $-0.59
Trailing 12-Month Earnings Per Share (EPS): $-1.71
Average Earnings Per Share (EPS): $0.00
Dividend Per Share (DPS): $0
Payout Ratio: 0%
Dividend Yield: 0.00%
⚠️ Caution: Negative earnings detected — Further research is recommended - Next Fiscal Yr EPS: $-0.59
- Latest/TTM EPS: $-1.71
Since Dividend Per Share is less than or equal to 0, 0 point assigned.
Since Dividend Yield is less than 1, 0 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Using last 12 valid ROE years (max 20).Average ROE: -95.4%
Since Average ROE is non-positive, 0 point assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $8.79
52-Week Low: $6.45
Threshold Price (15% Above 52-Week Low): $7.42
Since Current price is not within 15% threshold, 0 point assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $2,248 M
Since Market Cap is less than 10B, 1 point assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 2% exposure of Total Portfolio.
Warren Buffett's Owners' Earnings:
No positive free cash flow found (TTM or annual) to compute Owners' Earnings per share.
Note: Many fast-growing companies reinvest heavily, so Owners' Earnings may appear low.
Consider other factors in your valuation.
Value-Trade has assigned 11 points to above CleanSpark Inc (CLSK) stock.
Heads up: One or more P/E inputs look exaggerated and may skew the blend.
• Growth Based PE 50.00 (>2× median)
Further research is recommended; please use your own due diligence.
In such cases, multiplying earnings by the long-run average P/E typically gives a closer, more reliable fair value.
Last 2 Years Avg PE 11.44, Fair Value PE 12, Industry Based PE 18, Growth Based PE 50, Risk-Free Anchored PE (25% MoS) 17.65. Based on these 5 values, average assigned is 21.82. The fair value of CleanSpark Inc (CLSK) stock cannot be calculated since EBITDA and EPS are either 0 or negative.
