# CleanSpark Inc. (CLSK) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Software. Price $8.15, market value $2.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). CleanSpark Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.7×**. Each dollar of revenue is priced at 2.7×.
- **Price / book: 2.7×**. The shares trade at 2.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.0×**. Enterprise value is 4.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.

## Profitability
- **Operating margin: 41.6%**. 41.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 47.6%**. 47.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.8%**. 16.8% on shareholders' equity is solid.
- **Return on invested capital: 10.3%**. Return on all capital, debt included, is 10.3%.
- **Return on assets: 11.4%**. Each dollar of assets produces 11.4% of profit.

## Growth
- **Revenue growth (1 yr): 102.2%** (3-yr 79.9%/yr, 5-yr 138.0%/yr). Revenue grew 102.2% over the last year, against 138.0% a year compounded over five years: growth is slowing.

## Financial health
- **Debt to equity: 0.30**. Debt is 0.30 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 28.1×**. Operating profit covers interest 28.1× over, a safe margin.
- **Current ratio: 4.18** (quick 4.18). Current assets cover the next year's liabilities 4.18 times.
- **Altman Z-score: 3.15**. A Z-score of 3.15 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. CleanSpark Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (15 analysts). 15 analysts cover CleanSpark Inc.; the consensus is strong_buy, with an average price target of $22.77 (+179% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -59.8%** (YTD -29.3%, 3-mo -51.2%). The shares are down 59.8% over twelve months including dividends.
- **From 52-week high: -57.5%** (15.4% above the low). Trading 57% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 26**. An RSI of 26 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 3.68** (volatility 91%). Beta of 3.68 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CLSK · Page: https://foliofundamentals.com/stocks/clsk

Not investment advice.