AI Spotlight on CLIR
Company Description
ClearSign Technologies Corporation designs and develops products and technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States and the People's Republic of China.Its ClearSign Core Burner Technology consists of an industrial burner body and a downstream porous ceramic structure or metal flame stabilizing device; ClearSign Core Plug & Play technology provides direct burner replacement for traditional refinery process heaters; and ClearSign Eye Flame Sensor, an electrical flame sensor for industrial applications.The company also provides ClearSign Core Boiler Burner; and ClearSign Core Flaring Burners technologies.
It serves energy, institutional, commercial and industrial boiler, chemical, and petrochemical industries.The company was formerly known as ClearSign Combustion Corporation and changed its name ClearSign Technologies Corporation in November 2019.ClearSign Technologies Corporation was incorporated in 2008 and is headquartered in Tulsa, Oklahoma.
Market Data
Last Price | 1.22 |
Change Percentage | 0.00% |
Open | 1.25 |
Previous Close | 1.22 |
Market Cap ( Millions) | 61 |
Volume | 110400 |
Year High | 1.72 |
Year Low | 0.62 |
M A 50 | 1.18 |
M A 200 | 0.9 |
Financial Ratios
FCF Yield | -9.28% |
Dividend Yield | 0.00% |
ROE | -50.44% |
Debt / Equity | 1.42% |
Net Debt / EBIDTA | 288.58% |
Price To Book | 4.5 |
Price Earnings Ratio | -13.11 |
Price To FCF | -10.77 |
Price To sales | 14.32 |
EV / EBITDA | -9.5 |
News
- Jan -30 - ClearSign Technologies Corporation Awarded Federal Grant to Advance Hydrogen Burner Solutions for Industrial Decarbonization
- Jan -23 - Zacks Industry Outlook W.W. Grainger, Eos Energy, ScanSource and ClearSign
- Jan -22 - 4 Industrial Services Stocks to Watch Despite Industry Headwinds
- Dec -11 - CLIR Expands Partnership With Zeeco to Launch Process Burner Product Line
- Dec -10 - ClearSign Technologies Corporation and Zeeco, Inc. Announce Launch of Co-Branded ClearSign Core Process Burner Product Line
- Dec -09 - ClearSign Technologies Corporation Regains Compliance with Nasdaq's Minimum Bid Price Requirement
- Dec -04 - ClearSign Technologies Corporation Announces Boiler Burner Order from California Boiler
- Dec -02 - ClearSign Technologies Announces Its Largest Purchase Order
- Nov -27 - ClearSign Technologies Corporation Receives Follow on Purchase Order for 26 Process Burners for Texas Petrochemical Facility
- Nov -21 - ClearSign Technologies Corporation (CLIR) Q3 2024 Earnings Call Transcript
- Nov -20 - ClearSign Technologies Corporation Provides Third Quarter 2024 Update
- Nov -18 - ClearSign Technologies Q3 Earnings Surpass Estimates, Revenue Rise Y/Y
- Nov -15 - ClearSign Technologies (CLIR) Reports Q3 Loss, Tops Revenue Estimates
- Nov -12 - ClearSign Technologies Corporation Announces Boiler Burner Order for Asphalt Company in California
- Nov -06 - ClearSign Technologies Corporation Announces Third Quarter 2024 Conference Call
- Oct -29 - ClearSign Technologies Announces Flare Order for Energy Company in California
- Oct -15 - ClearSign Technologies to Present at the LD Micro Main Event XVII
- Oct -09 - ClearSign Technologies Announces Burner Order for Power Generation Customer in Missouri
- Oct -04 - ClearSign Technologies Releases Study Highlights on Boiler Burners
- Oct -02 - ClearSign Technologies Announces Public Release of California Statewide Gas Emerging Technologies (GET) Report on Boiler Burners
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Combustion System
Expected Growth : 8.5 %
What the company do ?
ClearSign Technologies' Combustion System is a novel, ultra-low emission burner technology that reduces NOx emissions in industrial combustion processes.
Why we expect these perspectives ?
ClearSign Technologies' Combustion System growth is driven by increasing adoption in the oil and gas industry, where it enhances efficiency and reduces emissions. Growing demand for clean energy solutions, stringent environmental regulations, and the need for cost-effective operations also contribute to the 8.5% growth rate.
Clearsign Technologies Corporation Products
Product Range | What is it ? |
---|---|
Duplex Burner | A high-temperature burner designed for industrial applications, providing high efficiency and low emissions. |
Process Burner | A customized burner designed for specific industrial processes, offering high efficiency and low emissions. |
Thermal Oxidizer | A system designed to destroy hazardous air pollutants and volatile organic compounds, ensuring environmental compliance. |
Flare System | A system designed to safely and efficiently dispose of waste gases, reducing emissions and ensuring environmental compliance. |
Emissions Control System | A system designed to reduce emissions and improve air quality, meeting environmental regulations and standards. |
ClearSign Technologies Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for ClearSign Technologies Corporation is moderate due to the presence of alternative technologies and products in the market.
Bargaining Power Of Customers
The bargaining power of customers is low for ClearSign Technologies Corporation due to the company's specialized products and services.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate for ClearSign Technologies Corporation due to the presence of multiple suppliers in the market.
Threat Of New Entrants
The threat of new entrants is high for ClearSign Technologies Corporation due to the relatively low barriers to entry in the industry.
Intensity Of Rivalry
The intensity of rivalry is high for ClearSign Technologies Corporation due to the presence of several established competitors in the market.
Capital Structure
Value | |
---|---|
Debt Weight | 4.47% |
Debt Cost | 3.95% |
Equity Weight | 95.53% |
Equity Cost | 9.29% |
WACC | 9.05% |
Leverage | 4.68% |
ClearSign Technologies Corporation : Quality Control
ClearSign Technologies Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
CECO | CECO Environmental Corp. provides industrial air quality and fluid handling systems worldwide. It operates in two segments: Engineered Systems Segment and Industrial Process Solutions Segment. The company engineers, designs, builds, β¦ |
FTEK | Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air Pollution Control Technology β¦ |
ERII | Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water β¦ |
AIRI | Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department β¦ |
TOMZ | TOMI Environmental Solutions, Inc., a bacteria decontamination and infectious disease control company, provides environmental solutions for indoor surface decontamination in the United States and internationally. Its products and services include β¦ |