CLAR Stock Analysis: Clarus | NASDAQ

Leisure | NASDAQ, USA | Market Cap: 163m USD | 12M Return: 59.6% | US18270P1093 | Charts, Fundamentals & Technical Analysis

Technical Apparel, Climbing Gear, Ski Equipment, Vehicle Racks
Total Rating 50
Safety 55
Buy Signal 1.91
Leisure
Industry Rotation: +21.6
Market Cap: 163M
Avg Turnover: 758K
Risk 3d forecast
Volatility92.7%
VaR 5th Pctl15.9%
VaR vs Median3.79%
Reward TTM
Sharpe Ratio1.14
Rel. Str. IBD97.1
Rel. Str. Peer Group92.9 pctl
Character TTM
Beta0.830
Beta Downside0.940
Hurst Exponent0.441
Choppyness57.4%
Drawdowns 3y
Max DD63.52%
CAGR/Max DD0.04
CAGR/Mean DD0.07
EPS (Earnings per Share) EPS (Earnings per Share) of CLAR over the last years for every Quarter: "2021-09": 0.5, "2021-12": 0.45, "2022-03": 0.37, "2022-06": 0.33, "2022-09": 0.26, "2022-12": 0.2, "2023-03": 0.18, "2023-06": 0.11, "2023-09": 0.16, "2023-12": -0.07, "2024-03": 0.5728, "2024-06": -0.03, "2024-09": 0.05, "2024-12": -0.08, "2025-03": -0.02, "2025-06": -0.03, "2025-09": 0.05, "2025-12": 0.09, "2026-03": 0.02, "2026-06": 0.17, "2026-09": 0.15,
Last SUE: 0.90
Qual. Beats: 2
Revenue Revenue of CLAR over the last years for every Quarter: 2021-09: 108.971, 2021-12: 118.183, 2022-03: 113.276, 2022-06: 114.933, 2022-09: 115.715, 2022-12: 104.182, 2023-03: 70.278, 2023-06: 57.937, 2023-09: 81.302, 2023-12: 4.833, 2024-03: 69.311, 2024-06: 56.484, 2024-09: 67.115, 2024-12: 71.405, 2025-03: 60.433, 2025-06: 55.247, 2025-09: 69.347, 2025-12: 65.93, 2026-03: 61.938, 2026-06: 56.156, 2026-09: null,
Rev. CAGR: 2.74%
Rev. Trend: 19.2%
Last SUE: 1.32
Qual. Beats: 1

Warnings

Altman Z'' In Financial Distress Zone

Tailwinds

Rs Leader
Idiosyncratic Leader
Ep Pivot

Seasonality

Not enough history
Description: CLAR Clarus

Clarus Corporation (NASDAQ: CLAR) designs, manufactures, and distributes outdoor recreation and lifestyle products through its Outdoor and Adventure segments. Its brands include Black Diamond Equipment and PIEPS for climbing, skiing, and other outdoor activities, and Rhino-Rack, MAXTRAX, and TRED for vehicle storage, overlanding, and off-road use.

The company sells through specialty retailers, distributors, original equipment manufacturers, and its websites. Classified in the consumer discretionary sector’s leisure products industry, Clarus serves recreational markets with both technical outdoor gear and vehicle accessories.

Headlines to Watch Out For
  • Black Diamond and Rhino-Rack demand drives segment revenue recovery
  • Retail inventory and weak discretionary spending weigh on sales
  • Tariffs and promotional pricing pressure gross margins
Piotroski VR-10 (Strict) 3.0
Net Income: -31.5m TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA 3.18 > 1.0
NWC/Revenue: 53.10% < 20% (prev 54.01%; Δ -0.92% < -1%)
CFO/TA 0.02 > 3% & CFO 4.36m > Net Income -31.5m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 4.45 > 1.5 & < 3
Outstanding Shares: last quarter (38.4m) vs 12m ago -0.09% < -2%
Gross Margin: 35.57% > 18% (prev 34.55%; Δ 1.01% > 0.5%)
Asset Turnover: 93.61% > 50% (prev 88.72%; Δ 4.89% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
Altman Z'' 0.24
A: 0.53 (Total Current Assets 173.6m - Total Current Liabilities 39.0m) / Total Assets 254.8m
B: -1.80 (Retained Earnings -457.8m / Total Assets 254.8m)
C: -0.15 (EBIT TTM -41.7m / Avg Total Assets 270.7m)
D: 3.49 (Book Value of Equity 198.1m / Total Liabilities 56.8m)
Altman-Z'' = 0.24 = B
Beneish M -3.11
DSRI: 1.12 (Receivables 44.5m/39.8m, Revenue 253.4m/254.2m)
GMI: 0.97 (GM 34.55% / 35.57%)
AQI: 0.76 (AQ_t 0.24 / AQ_t-1 0.32)
SGI: 1.00 (Revenue 253.4m / 254.2m)
TATA: -0.14 (NI -31.5m - CFO 4.36m) / TA 254.8m)
Beneish M = -3.11 (Cap -4..+1) = AA
What is the price of CLAR shares?

As of November 07, 2026, the stock is trading at USD 5.02 with a total of 1,168,250 shares traded. Over the past week, the price has changed by +13.32%, over one month by +46.36%, over three months by +49.99% and over the past year by +59.57%.

Current recommended Stop Loss: 4.70 (which is 6.4% or 1.8 ATR below the current price).

Is CLAR a buy, sell or hold?

Clarus has received a consensus analysts rating of 3.80. Therefore, it is recommended to hold CLAR.

  • StrongBuy: 2
  • Buy: 0
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CLAR price?
Analysts Target Price 3.5 -30.3%
Clarus (CLAR) - Fundamental Data Overview as of 07 November 2026
Market Cap USD = 162.7m (162.7m USD * 1.0 USD.USD)
P/E Forward = 20.4918
P/S = 0.6436
P/B = 0.8525
P/EG = 3.3975
Revenue TTM = 253.4m USD
EBIT TTM = -41.7m USD
EBITDA TTM = -29.7m USD
Long Term Debt = 14.6m USD (estimated: total debt 17.2m - short term 2.55m)
Short Term Debt = 2.55m USD (from shortTermDebt, last quarter)
Debt = 17.2m USD (from shortLongTermDebtTotal, last quarter) (leases 17.2m already included)
Net Debt = -11.8m USD (calculated: Debt 17.2m - CCE 28.9m)
Enterprise Value = 151.0m USD (162.7m + Debt 17.2m - CCE 28.9m)
 Interest Coverage Ratio = unknown (Ebit TTM -41.7m / Interest Expense TTM 0.0)
 EV/FCF = -357.7x (Enterprise Value 151.0m / FCF TTM -422k)
FCF Yield = -0.28% (FCF TTM -422k / Enterprise Value 151.0m)
FCF Margin = -0.17% (FCF TTM -422k / Revenue TTM 253.4m)
Net Margin = -12.42% (Net Income TTM -31.5m / Revenue TTM 253.4m)
Gross Margin = 35.57% ((Revenue TTM 253.4m - Cost of Revenue TTM 163.3m) / Revenue TTM)
Gross Margin QoQ = 48.92% (prev 36.75%)
Tobins Q-Ratio = 0.59 (Enterprise Value 151.0m / Total Assets 254.8m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 17.2m)
Taxrate = 0.46% (22.0k / 4.74m)
NOPAT = -41.5m (EBIT -41.7m * (1 - 0.46%)) [loss with tax shield]
Current Ratio = 4.45 (Total Current Assets 173.6m / Total Current Liabilities 39.0m)
Debt / Equity = 0.09 (Debt 17.2m / totalStockholderEquity, last quarter 198.1m)
 Debt / EBITDA = 0.40 (negative EBITDA) (Net Debt -11.8m / EBITDA -29.7m)
 Debt / FCF = 27.89 (negative FCF - burning cash) (Net Debt -11.8m / FCF TTM -422k)
 Total Stockholder Equity = 203.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -11.62% (Net Income -31.5m / Total Assets 254.8m)
RoE = -15.46% (Net Income TTM -31.5m / Total Stockholder Equity 203.5m)
RoCE = -19.11% (EBIT -41.7m / Capital Employed (Equity 203.5m + L.T.Debt 14.6m))
 RoIC = -20.17% (negative operating profit) (NOPAT -41.5m / Invested Capital 205.7m)
 WACC = 7.63% (E(162.7m)/V(179.9m) * Re(8.43%) + D(17.2m)/V(179.9m) * Rd(0.0%) * (1-Tc(0.00)))
Discount Rate = 8.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.74 | Cagr: 0.19%
 [DCF] Fair Price = unknown (Cash Flow -422k)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.90 | # QB: 2
Revenue Correlation: 19.15 | Revenue CAGR: 2.74% | SUE: 1.32 | # QB: 1
EPS current Quarter (2027-03-31): EPS=0.01 | Chg30d=N/A | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.30 | Chg30d=+279.12% | Revisions=+0% | GrowthEPS=+203.3% | GrowthRev=+0.1%
EPS next Year (2027-12-31): EPS=0.17 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=-42.9% | GrowthRev=+3.3%
[Analyst] Revisions Ratio: -17% (up=1, down=2)