(YOU) Clear Secure - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US18467V1098

Identity, Verification, Subscription, App, Queuing

Application Software
Market Cap in USD: 4,635m

IPO / Inception: 2021-06-30
12m vs SPY: 15.8%

EPS (Earnings per Share)

EPS CAGR: 9.08%
EPS Trend: 52.9%

Last SUE: -1.49
Qual. Beats: 0

Revenue

Rev. CAGR: 32.11%
Rev. Trend: 97.1%

Last SUE: 3.37
Qual. Beats: 12

Dividends

Dividend Yield	1.66%
Yield on Cost 5y	1.38%
Yield CAGR 5y	25.99%
Payout Consistency	90.6%
Payout Ratio	27.9%

Risk via 5d forecast
Volatility	44.1%
Value at Risk 5%th	66.9%
Relative Tail Risk	-7.69%

Reward TTM
Sharpe Ratio	0.83
Alpha	22.98
CAGR/Max DD	0.20

Character TTM
Hurst Exponent	0.419
Beta	0.692
Beta Downside	0.474

Drawdowns 3y
Max DD	51.00%
Mean DD	27.49%
Median DD	30.92%

Description: YOU Clear Secure January 10, 2026

Clear Secure, Inc. (NYSE:YOU) runs the CLEAR brand, a U.S.-focused secure-identity platform that blends front-end enrollment, biometric verification, and back-end data linking to speed travelers through airport security and other high-traffic venues.

Beyond its core B2C offering (CLEAR Plus and the CLEAR mobile app), the firm monetizes ancillary services such as RESERVE (airport reservation slots), Home to Gate (trip-timing assistance), CLEAR1 (B2B identity-as-a-service), TSA PreCheck enrollment, and Sora ID for KYC compliance, all of which are delivered via a virtual-queue technology stack.

Recent metrics show FY 2023 revenue of roughly $460 million, up ~22% YoY, with a 71% gross margin reflecting the high-margin software nature of the business; the company’s subscriber base grew to ~12 million members, driven by a rebound in U.S. air travel demand and airlines’ increasing willingness to embed biometric solutions. The broader application-software sector is benefitting from a 9% CAGR in enterprise identity-verification spend, while macro-level travel recovery and heightened security regulations remain key growth catalysts.

Analysts should keep an eye on the scalability of CLEAR1 partnerships and the potential impact of privacy-regulation changes, as these could materially affect future cash-flow trajectories.

For a deeper quantitative dive, you might explore ValueRay’s detailed valuation models for YOU.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (181.7m TTM) > 0 and > 6% of Revenue (6% = 52.0m TTM)

FCFTA 0.26 (>2.0%) and ΔFCFTA -2.16pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -5.04% (prev 5.18%; Δ -10.21pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.28 (>3.0%) and CFO 310.6m > Net Income 181.7m (YES >=105%, WARN >=100%)

Net Debt (-75.8m) to EBITDA (199.2m) ratio: -0.38 <= 3.0 (WARN <= 3.5)

Current Ratio 0.93 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (97.8m) change vs 12m ago 3.77% (target <= -2.0% for YES)

Gross Margin 63.58% (prev 63.36%; Δ 0.22pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 87.31% (prev 85.63%; Δ 1.69pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.33 (EBITDA TTM 199.2m / Interest Expense TTM 74.9m) >= 6 (WARN >= 3)

Altman Z'' 1.34

(A) -0.04 = (Total Current Assets 589.0m - Total Current Liabilities 632.7m) / Total Assets 1.13b

(B) 0.09 = Retained Earnings (Balance) 101.2m / Total Assets 1.13b

(D) 0.11 = Book Value of Equity 102.1m / Total Liabilities 959.7m

Total Rating: 1.34 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 90.20

1. Piotroski 5.0pt

2. FCF Yield 6.19%

3. FCF Margin 33.43%

4. Debt/Equity 0.82

5. Debt/Ebitda -0.38

6. ROIC - WACC (= 80.33)%

7. RoE 124.2%

8. Rev. Trend 97.07%

9. EPS Trend 52.91%

What is the price of YOU shares?

As of January 12, 2026, the stock is trading at USD 36.46 with a total of 689,065 shares traded.
Over the past week, the price has changed by +2.73%, over one month by +0.55%, over three months by +19.89% and over the past year by +39.89%.

Is YOU a buy, sell or hold?

Clear Secure has received a consensus analysts rating of 3.25. Therefor, it is recommend to hold YOU.

Strong Buy: 1
Buy: 2
Hold: 4
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the YOU price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	39.4	8%
Analysts Target Price	39.4	8%
ValueRay Target Price	39.7	8.8%

YOU Fundamental Data Overview January 05, 2026

P/E Trailing = 20.7108
P/S = 5.3508
P/B = 22.628
Beta = 1.189
Revenue TTM = 866.3m USD
EBIT TTM = 174.9m USD
EBITDA TTM = 199.2m USD
Long Term Debt = 113.7m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 6.16m USD (from shortTermDebt, last fiscal year)
Debt = 121.3m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -75.8m USD (from netDebt column, last quarter)
Enterprise Value = 4.68b USD (4.64b + Debt 121.3m - CCE 75.8m)
Interest Coverage Ratio = 2.33 (Ebit TTM 174.9m / Interest Expense TTM 74.9m)
EV/FCF = 16.16x (Enterprise Value 4.68b / FCF TTM 289.6m)
FCF Yield = 6.19% (FCF TTM 289.6m / Enterprise Value 4.68b)
FCF Margin = 33.43% (FCF TTM 289.6m / Revenue TTM 866.3m)
Net Margin = 20.97% (Net Income TTM 181.7m / Revenue TTM 866.3m)
Gross Margin = 63.58% ((Revenue TTM 866.3m - Cost of Revenue TTM 315.5m) / Revenue TTM)
Gross Margin QoQ = 65.35% (prev 64.05%)
Tobins Q-Ratio = 4.16 (Enterprise Value 4.68b / Total Assets 1.13b)
Interest Expense / Debt = 6.23% (Interest Expense 7.55m / Debt 121.3m)
Taxrate = 25.84% (15.7m / 60.9m)
NOPAT = 129.7m (EBIT 174.9m * (1 - 25.84%))
Current Ratio = 0.93 (Total Current Assets 589.0m / Total Current Liabilities 632.7m)
Debt / Equity = 0.82 (Debt 121.3m / totalStockholderEquity, last quarter 148.6m)
Debt / EBITDA = -0.38 (Net Debt -75.8m / EBITDA 199.2m)
Debt / FCF = -0.26 (Net Debt -75.8m / FCF TTM 289.6m)
Total Stockholder Equity = 146.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 18.31% (Net Income 181.7m / Total Assets 1.13b)
RoE = 124.2% (Net Income TTM 181.7m / Total Stockholder Equity 146.2m)
RoCE = 67.30% (EBIT 174.9m / Capital Employed (Equity 146.2m + L.T.Debt 113.7m))
RoIC = 88.70% (NOPAT 129.7m / Invested Capital 146.2m)
WACC = 8.37% (E(4.64b)/V(4.76b) * Re(8.47%) + D(121.3m)/V(4.76b) * Rd(6.23%) * (1-Tc(0.26)))
Discount Rate = 8.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 3.48%
[DCF Debug] Terminal Value 80.06% ; FCFF base≈269.5m ; Y1≈332.5m ; Y5≈566.2m
Fair Price DCF = 92.10 (EV 8.90b - Net Debt -75.8m = Equity 8.97b / Shares 97.4m; r=8.37% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 52.91 | EPS CAGR: 9.08% | SUE: -1.49 | # QB: 0
Revenue Correlation: 97.07 | Revenue CAGR: 32.11% | SUE: 3.37 | # QB: 12
EPS next Quarter (2026-03-31): EPS=0.39 | Chg30d=+0.007 | Revisions Net=-2 | Analysts=4
EPS next Year (2026-12-31): EPS=1.87 | Chg30d=+0.181 | Revisions Net=+1 | Growth EPS=+24.0% | Growth Revenue=+12.7%

Additional Sources for YOU Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle