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ClearSign Valuation Multiples
Discover revenue and EBITDA valuation multiples for ClearSign and similar public comparables like VERTIKAL Group, Grupa RECYKL, SW Umwelttechnik, Wolftank Group and more.
ClearSign Overview
About ClearSign
ClearSign Technologies Corp is engaged in providing solutions to some of the pressing productivity, energy efficiency, and pollution problems affecting the energy, oil, and gas production, boiler, and processing industries. It believes that its patented ClearSign Core technology can enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and downstream refining), institutional, commercial, and industrial boiler, chemical, and petrochemical industries. The company offers products that include process burners, boiler burners, flares, and ClearSign Eye.
Founded
2008
HQ
Employees
18
Website
Financials (LTM)
EV
$20M
ClearSign Financials
ClearSign reported last 12-month revenue of $5M and negative EBITDA of ($7M).
In the same LTM period, ClearSign generated $2M in gross profit, ($7M) in EBITDA losses, and had net loss of ($6M).
Revenue (LTM)
ClearSign P&L
In the most recent fiscal year, ClearSign reported revenue of $4M and EBITDA of ($6M).
ClearSign expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $5M | XXX | $4M | XXX | XXX | XXX |
| Gross Profit | $2M | XXX | $1M | XXX | XXX | XXX |
| Gross Margin | 31% | XXX | 31% | XXX | XXX | XXX |
| EBITDA | ($7M) | XXX | ($6M) | XXX | XXX | XXX |
| EBITDA Margin | (124%) | XXX | (154%) | XXX | XXX | XXX |
| EBIT Margin | (127%) | XXX | (162%) | XXX | XXX | XXX |
| Net Profit | ($6M) | XXX | ($5M) | XXX | XXX | XXX |
| Net Margin | (119%) | XXX | (147%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
ClearSign Stock Performance
ClearSign has current market cap of $30M, and enterprise value of $20M.
Market Cap Evolution
ClearSign's stock price is $0.56.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $20M | $30M | 0.0% | XXX | XXX | XXX | $-0.10 |
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Start Free TrialClearSign Valuation Multiples
ClearSign trades at 3.7x EV/Revenue multiple, and (3.0x) EV/EBITDA.
EV / Revenue (LTM)
ClearSign Financial Valuation Multiples
As of April 2, 2026, ClearSign has market cap of $30M and EV of $20M.
Equity research analysts estimate ClearSign's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
ClearSign has a P/E ratio of (4.7x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $30M | XXX | $30M | XXX | XXX | XXX |
| EV (current) | $20M | XXX | $20M | XXX | XXX | XXX |
| EV/Revenue | 3.7x | XXX | 5.5x | XXX | XXX | XXX |
| EV/EBITDA | (3.0x) | XXX | (3.6x) | XXX | XXX | XXX |
| EV/EBIT | (2.9x) | XXX | (3.4x) | XXX | XXX | XXX |
| EV/Gross Profit | 11.9x | XXX | 17.7x | XXX | XXX | XXX |
| P/E | (4.7x) | XXX | (5.7x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (4.3x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified ClearSign Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
ClearSign Margins & Growth Rates
ClearSign's revenue in the last 12 month grew by 111%.
ClearSign's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.4M for the same period.
ClearSign's rule of 40 is 88% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
ClearSign's rule of X is 304% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
ClearSign Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 111% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Margin | (124%) | XXX | (154%) | XXX | XXX | XXX |
| EBITDA Growth | (28%) | XXX | 28% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 88% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 304% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 131% | XXX | 171% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 28% | XXX | 41% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 193% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
ClearSign Public Comps
See public comps and valuation multiples for other Waste & Environmental Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| VERTIKAL Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupa RECYKL | XXX | XXX | XXX | XXX | XXX | XXX |
| SW Umwelttechnik | XXX | XXX | XXX | XXX | XXX | XXX |
| Wolftank Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Grino Ecologic | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
ClearSign M&A Activity
ClearSign acquired XXX companies to date.
Last acquisition by ClearSign was on XXXXXXXX, XXXXX. ClearSign acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by ClearSign
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialClearSign Investment Activity
ClearSign invested in XXX companies to date.
ClearSign made its latest investment on XXXXXXXX, XXXXX. ClearSign invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by ClearSign
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout ClearSign
| When was ClearSign founded? | ClearSign was founded in 2008. |
| Where is ClearSign headquartered? | ClearSign is headquartered in United States. |
| How many employees does ClearSign have? | As of today, ClearSign has over 18 employees. |
| Who is the CEO of ClearSign? | ClearSign's CEO is Colin James Deller. |
| Is ClearSign publicly listed? | Yes, ClearSign is a public company listed on Nasdaq. |
| What is the stock symbol of ClearSign? | ClearSign trades under CLIR ticker. |
| When did ClearSign go public? | ClearSign went public in 2012. |
| Who are competitors of ClearSign? | ClearSign main competitors are VERTIKAL Group, Grupa RECYKL, SW Umwelttechnik, Wolftank Group. |
| What is the current market cap of ClearSign? | ClearSign's current market cap is $30M. |
| What is the current revenue of ClearSign? | ClearSign's last 12 months revenue is $5M. |
| What is the current revenue growth of ClearSign? | ClearSign revenue growth (NTM/LTM) is 111%. |
| What is the current EV/Revenue multiple of ClearSign? | Current revenue multiple of ClearSign is 3.7x. |
| Is ClearSign profitable? | No, ClearSign is not profitable. |
| What is the current EBITDA of ClearSign? | ClearSign has negative EBITDA and is not profitable. |
| What is ClearSign's EBITDA margin? | ClearSign's last 12 months EBITDA margin is (124%). |
| What is the current EV/EBITDA multiple of ClearSign? | Current EBITDA multiple of ClearSign is (3.0x). |
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