Valuation of CleanSpark, Inc. (CLSK): P/B 2.00, EV/EBITDA -21.7, dividend yield 0.00%. The price range it would trade at on its usual multiples and on its sector's, with its peers' multiples and a comparison against other Financial Services companies.
CleanSpark, Inc. is a global enterprise specializing in cryptocurrency mining and advanced energy technologies. The company's operations are divided into two primary divisions: Digital Currency Mining and Energy Solutions. Its Digital Currency Mining segment is dedicated to the extraction of bitcoin.
Analysis Summary
CleanSpark, Inc. reported revenue of $766.3M in the most recent fiscal year, growing at a 5-year CAGR of 138.0%.
Trailing-twelve-month margins: gross margin -5.3%, operating margin -79.4%, net margin -146.9%.
At $5.68 (closing price, November 5, 2026), CLSK has negative trailing earnings (P/E not meaningful) and an ROE of -75.24%. Market capitalisation stands at $1.5B.
Balance sheet quality for CLSK: debt-to-equity ratio of 2.34, current ratio of 5.91 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| Price / Book | 2.00 |
| EV / EBITDA | -21.7 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| CLSK | CleanSpark, Inc. | $1.5B | 2.00 | -75.2% | |
| WULF | TeraWulf Inc. | $5.2B | -28.6% | ||
| RIOT | Riot Platforms, Inc. | $5.5B | 2.47 | -59.5% | |
| ENPH | Enphase Energy, Inc. | $3.8B | 43.24 | 3.08 | 7.9% |
| MARA | Marathon Digital Holdings, Inc. | $2.3B | 1.35 | -110.4% |
Price
| Price | $5.68 (closing price, November 5, 2026) |
| Market Cap | $1.5B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | -75.24% |
| Return on Invested Capital | -20.55% |
| Return on Assets | -36.93% |
| Gross Margin | -5.31% |
| Operating Margin | -79.39% |
| Net Margin | -146.90% |
Related companies: WULF · RIOT · ENPH · MARA
Explore sector: Financial Services · Financial - Capital Markets
More sections of CLSK: Overview · Financials · Estimates · Technical · Ownership
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