Cleanspark, Inc. (CLSK) vs Piper Sandler Companies (PIPR)

Cleanspark, Inc. and Piper Sandler Companies are both Capital Markets companies. Piper Sandler Companies is the larger, with a market value of $5.0B against $3.7B — 1.4× the size. Cleanspark, Inc. has negative trailing earnings, so its P/E is not meaningful; Piper Sandler Companies trades at 15.9×. Piper Sandler Companies grew revenue faster over the last twelve months: 32.4% against 7.49%. Piper Sandler Companies has the higher net margin (14.5% vs −151.8%) and the higher return on invested capital (26.1% vs −23.9%). Across the 19 metrics below, Piper Sandler Companies leads on 16 and Cleanspark, Inc. on 3.

Valuation

Metric CLSK PIPR Capital Markets median
P/E n/m 15.88 15.78
P/S 5.51 2.32 2.32
P/B 4.92 3.12 1.89
Price to free cash flow n/m 10.06 6.25
EV/EBITDA n/m 8.21 8.87
EV/Sales 7.83 2.28 2.28
Earnings yield (27.03%) 6.30% (3.77%)
Free cash flow yield (3.49%) 9.94% (1.49%)

Profitability

Metric CLSK PIPR Capital Markets median
Gross margin 46.99% 99.05% 62.80%
Operating margin (131.59%) 24.96% 0.00%
Net margin (151.84%) 14.53% (0.55%)
Free cash flow margin (18.27%) 23.02% 0.00%
Return on equity (70.93%) 20.72% 0.00%
Return on assets (35.54%) 14.34% 0.00%
Return on invested capital (23.90%) 26.13% 0.00%

Growth

Metric CLSK PIPR Capital Markets median
Revenue growth (TTM) 7.49% 32.39% 21.02%
EPS growth (last fiscal year) 262.32% 54.49% —
Revenue growth, 5-year CAGR 138.03% 8.93% 18.16%
Net income growth, 5-year CAGR 0.00% 47.35% 0.00%

Health

Metric CLSK PIPR Capital Markets median
Debt to equity 2.34 0.00 0.08
Current ratio 5.91 1.41 1.51
Net debt to EBITDA 1.16 (1.72) (0.24)

Dividend

Metric CLSK PIPR Capital Markets median
Dividend yield — 3.12% 2.20%
Payout ratio 0.00 0.49 0.00

Size

Metric CLSK PIPR Capital Markets median
Market cap 3.69b 5.02b 724.58m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack