# CleanSpark Inc. (CLSK) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $12.69, market value $3.3 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: 4.3×**. Each dollar of revenue is priced at 4.3×.
- **Price / book: 4.3×**. The shares trade at 4.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.8×**. Enterprise value is 5.8× 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: 9.1%**. Return on all capital, debt included, is 9.1%.
- **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.
- **Altman Z-score: 3.47**. A Z-score of 3.47 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

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

## Analyst view
- **Analyst consensus: strong_buy** (13 analysts). 13 analysts cover CleanSpark Inc.; the consensus is strong_buy, with an average price target of $23.81 (+88% 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): 39.8%** (YTD 25.4%, 3-mo -18.6%). The shares are up 39.8% over twelve months including dividends.
- **From 52-week high: -46.3%** (58.6% above the low). Trading 46% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 3.48** (volatility 95%). Beta of 3.48 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.