Arq, Inc. (ARQ) vs ClearSign Technologies Corporation (CLIR)

Arq, Inc. and ClearSign Technologies Corporation are both Pollution & Treatment Controls companies. Arq, Inc. is the larger, with a market value of $87.8M against $23.6M — 3.7× the size. ClearSign Technologies Corporation grew revenue faster over the last twelve months: 82.7% against 4.93%. Arq, Inc. has the higher net margin (−42.1% vs −96.1%) and the lower return on invested capital (−16.7% vs 0.00%). Across the 18 metrics below, Arq, Inc. leads on 10 and ClearSign Technologies Corporation on 8.

Valuation

Metric ARQ CLIR Pollution & Treatment Controls median
P/E n/m n/m —
P/S 0.69 3.75 3.64
P/B 0.51 2.08 2.08
Price to free cash flow n/m n/m —
EV/EBITDA 21.73 n/m 17.68
EV/Sales 0.93 1.97 4.26
Earnings yield (62.16%) (27.88%) (18.01%)
Free cash flow yield (11.06%) (28.56%) (5.86%)

Profitability

Metric ARQ CLIR Pollution & Treatment Controls median
Gross margin 28.80% 18.49% 34.73%
Operating margin (42.84%) (116.55%) (29.01%)
Net margin (42.14%) (96.07%) (31.94%)
Free cash flow margin (0.09%) (106.97%) (12.20%)
Return on equity (27.02%) (51.73%) (38.24%)
Return on assets (20.10%) (39.64%) (26.06%)
Return on invested capital (16.69%) 0.00% 0.00%

Growth

Metric ARQ CLIR Pollution & Treatment Controls median
Revenue growth (TTM) 4.93% 82.74% 9.79%
EPS growth (last fiscal year) (807.14%) 10.00% —
Revenue growth, 5-year CAGR 12.30% 58.09% 8.56%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ARQ CLIR Pollution & Treatment Controls median
Debt to equity 0.18 0.00 0.03
Current ratio 1.03 4.78 1.90
Net debt to EBITDA 5.61 1.44 0.30

Dividend

Metric ARQ CLIR Pollution & Treatment Controls median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric ARQ CLIR Pollution & Treatment Controls median
Market cap 87.77m 23.55m 48.08m

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