ClearOne, Inc. designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for audio/voice and visual communications in the United States and internationally. The company was founded in 1983 and is based in Salt Lake City, Utah.
CLRO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Clearone Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Clearone Inc ranked in the 50th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for CLRO, they are:
The compound growth rate in the free cash flow of Clearone Inc over the past 5.51 years is 0.02%; that's higher than merely 18.22% of free cash flow generating stocks in the Technology sector.
Clearone Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -20.54. This coverage rate is greater than that of only 5.35% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CIEN, INOD, COUP, IIVI, and PRFT can be thought of as valuation peers to CLRO, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
SALT LAKE CITY, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Addressing further growth in the Eastern European AV markets, ClearOne, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, has appointed Chromasound PLC, based in Budapest, Hungary, as its newest distribution partner. Chromasound is focused on Pro Audio, Lighting, and AV integration in Hungary, known primarily for delivering the finest audio solutions to customers ranging from theatres and concert halls to stadiums for the past two decades. The company will now offer ClearOne’s entire portfolio of Audio Conferencing, Visual Collaboration, and AV Networking throughout Hungary.“This partnership is aimed at bringing our top-quality products to the Hungarian market, using Chromasound’s market reach and ...
SALT LAKE CITY, Dec. 10, 2020 (GLOBE NEWSWIRE) -- As Middle East AV markets continue to grow, ClearOne, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, begins its newest partnership agreement for distribution of Audio Conferencing, Visual Collaboration, and AV Networking throughout the Middle East with Redington, a multi-billion dollar end-to-end supply chain solutions provider for all categories of Information Technology, Telecom, and Digital Lifestyle products. “We are excited to represent ClearOne for distribution across Middle East. The current changes in the environment have resulted in an increased demand for unified communication solutions and a brand such as ClearOne will definitely help businesses across the region collaborate better w...
Underscoring the overwhelmingly positive market reaction to its introduction, ClearOne (NASDAQ:CLRO), a leading global provider of audio and visual communication solutions, today announced that its new BMA 360 Beamforming Microphone Array Ceiling Tile was named a 2020 Innovation Product Award winner by the readers of Sound & Video Contractor, a leading American business publication read by tens of thousands of commercial audiovisual systems integrators and installers.
To meet the growing home office market demand for professional audio and video collaboration solutions that match the quality found in a traditional corporate office, ClearOne®, (NASDAQ: CLRO), the market-leading innovator of professional audio-video collaboration solutions for Fortune 500 organizations, today introduced Aura™, a comprehensive range of Good, Better, Best packages of enterprise quality audio, video, audio-video options and a free COLLABORATE® Space lifetime subscription, the award-winning video collaboration app.