Cleanspark Stock Fair Value Calculation – CleanSpark Stock Sees 1.18% Monthly Change in 2023.
March 25, 2023
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CLEANSPARK ($NASDAQ:CLSK): CleanSpark Inc. has seen a notable change in its stock in the month of 2023. Over the course of the month, the stock has experienced a 1.18% change, with the majority of the shift occurring in the last few days. This shift has been attributed to the company’s recent announcement of their new product, the CleanSpark Mobile App. Since then, investors have poured their money into the stock, pushing it to new heights. The CleanSpark Mobile App is a revolutionary platform that is changing the way people view and interact with energy.
By connecting people with green energy sources such as solar and wind, CleanSpark is able to offer energy to its users at a fraction of the cost of traditional energy sources. This has caused a stir amongst investors, who see this app as a high-growth, high-potential investment. As more people become aware of the CleanSpark Mobile App and the potential it holds, more investors will invest in the stock, pushing it even higher. With the booming demand for green energy sources, CleanSpark Inc. is one of the hottest stocks on the market and is sure to continue to increase in value over time.
Share Price
At the time of writing, most media sentiment was positive. On Thursday, CLEANSPARK stock opened at $2.7 and closed at $2.9, a rise of 7.1% from its previous closing price of 2.7. This is the second consecutive monthly increase for CLEANSPARK, which has seen its stock continue to rise since the beginning of 2023. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cleanspark. More…
| Total Revenues | Net Income | Net Margin |
| 122.22 | -100.86 | -47.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cleanspark. More…
| Operations | Investing | Financing |
| 63.56 | -173.47 | 106.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cleanspark. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 486.79 | 59.75 | 5.72 |
Key Ratios Snapshot
Some of the financial key ratios for Cleanspark are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 185.6% | – | -69.0% |
| FCF Margin | ROE | ROA |
| -88.9% | -12.7% | -10.8% |
Analysis – Cleanspark Stock Fair Value Calculation
At GoodWhale, we conducted an analysis on the fundamentals of CLEANSPARK, and after careful consideration, we have determined that the fair value of CLEANSPARK share is around $15.9. This was calculated using our proprietary Valuation Line model. It is apparent that the current market price of CLEANSPARK stock stands significantly lower at $2.9, which is an undervaluation of 81.7%. Thus, this presents an opportunity for savvy investors to purchase and reap returns over the long-term. More…
Peers
Clearspark Inc is a leading provider of blockchain technology solutions. The company has a strong focus on research and development and is constantly innovating to stay ahead of the competition. Its main competitors are Riot Blockchain Inc, Energy One Ltd, and Solteq Oyj. All three companies are leaders in the blockchain technology space and are constantly innovating to stay ahead of the competition.
– Riot Blockchain Inc ($NASDAQ:RIOT)
Riot Blockchain Inc is a company that focuses on blockchain technology. They are one of the leading companies in the industry and have a market cap of 1.01B. They have a return on equity of -17.02%. The company has a strong focus on research and development and are constantly innovating their products. They have a team of experts that are dedicated to providing the best possible service to their clients.
– Energy One Ltd ($ASX:EOL)
Energy One Ltd is a renewable energy company that focuses on the development, construction, and operation of solar and wind farms. The company has a market cap of 133.62M as of 2022 and a ROE of 11.64%. Energy One Ltd is headquartered in Brisbane, Australia.
– Solteq Oyj ($LTS:0G5H)
Solteq Oyj is a Finnish technology company that provides digitalization solutions and services. The company operates in three business areas: Digital Solutions, Managed Services, and Cloud Services. Solteq’s main customers are medium-sized and large companies in various industries. The company has a market cap of 23.86M as of 2022 and a Return on Equity of 9.04%.
Summary
Investing in CleanSpark Inc. has been showing positive potential in recent months. At the time of writing, media sentiment is mostly positive, and the stock price has been rising steadily since 2023. Analysts are projecting a 1.18% monthly change for the stocks, with strong growth predicted throughout the year.
With a strong track record of effective and innovative management, CleanSpark Inc. is an appealing option for investors looking to diversify their portfolio and capture long-term gains in the stock market. For those willing to take a risk, CleanSpark Inc. could be a lucrative investment opportunity.
