Clarke Inc. (CKI) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Clarke Inc. stock C$13.49, price C$23.85, that is 43.4% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range C$8.40 – C$36.49 · fair‑value band C$13.43 – C$13.93 · the C$23.85 price screens above the C$13.49 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 1, 2026.
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Clarke Inc. is a private equity and venture capital firm specializing in investments in middle market, turnaround, PIPEs, bridge financing, recapitalization, and buyout companies. It invests in undervalued or underperforming businesses with hard assets.
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It invests in companies, securities or other assets such as real estate, which can be public or private entities. The firm primarily invests equity, debt and other securities.
It invests in industries that have hard assets, including manufacturing, industrial, energy, materials, and real estate businesses. The firm invests in debt and equity securities of companies engaged in the oil and gas industry.
It prefers to purchase well-priced equity securities rather than well-priced debt securities, and securities of oil service firms rather than E&P firms. The firm primarily invests in companies in Canada and United states of America.
It seeks active involvement in the governance and/or management of the company it invests in. The firm may participate in Portfolio Company's board of directors. It makes balance sheet investments. Clarke Inc. was founded in 1997 and is based in Halifax, Canada.
Stock analysis
Clarke Inc. (CKI) currently trades at C$23.85, while our model-based Fair Value estimate is C$13.49, 43% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of C$13.99 per share, and 1 of the 13 models we run sit above the C$23.85 price.
Bear case: the DCF Models group reads lowest at C$2.56, and 12 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: C$13.43 (bear) to C$13.93 (bull), the price of C$23.85 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Clarke Inc. reported revenue of C$81.6M in FY2025 versus C$60.0M in FY2021, a compound +8.0%/yr. Reported net income was C$13.0M in FY2025, compounding −5.6%/yr from FY2021.
Key figures
Market cap C$369M (≈ $263M) Micro · P/E ratio 4.0 · P/S ratio 3.68 · EPS (TTM) C$6.00 · Net margin 79.8% · Return on equity 23.8% · Return on assets (EBIT) 4.3% · Operating margin 30.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 75 out of 100 (low confidence).
What moves the price
The share trades about 15% below its 52-week high and 17% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −27% fair-value upside, at −43%, CKI screens richer than that median.
Fair Value models
BearC$13.43Fair Value C$13.49BullC$13.93
Price C$23.85 · Downside -43.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (C$5.10 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+7.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.8%
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.7%
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’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+25.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+25.0%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−12.2% vs −10.7%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−112% → 15%
2025 sits 287% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+49.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Canada: IMF forecast 2.1% a year to 2030, 2.6% from 2016 to 2025) that is about +46.0% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Lodging · 161 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside−43.4% · Below median
Profitability
Return on equity (12 months)23.8% · Top 25%
Return on assets2.1% · Below median
Net margin (12 months)79.8% · Top 25%
Operating margin (12 months)30.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)92.3% · Top 25%
Balance sheet
Debt / equity0.56× · Above median
Valuation Multiplesvs Lodging median · lower = cheaper
P/E (12 months)4.0× · Cheapest 25%
P/B1.29× · Pricier than median
P/S (12 months)3.68× · Pricier than median
Price / free cash flow88.3× · Priciest 25%
EV/EBITDA15.0× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 26
FUTURE (revenue growth)100· sector 29
PAST (return on equity)95· sector 15
HEALTH (low debt)72· sector 89
DIVIDEND (yield)0· sector 32
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Clarke Inc. Fair Value". https://www.fairvalue-calculator.com/stock/CKI
Frequently asked questions
Is Clarke Inc. (CKI) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of C$13.49 versus a price of C$23.85, about 43% lower (overvalued).
What is the fair value of CKI?
Our model-based fair value for Clarke Inc. is C$13.49 (as of Nov 1, 2026), built from audited fundamentals. The current price: C$23.85.
What is the quality score of CKI?
Clarke Inc. has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Clarke Inc. (CKI)?
Our model-based price target is the fair value of C$13.49 (as of Nov 1, 2026) from 15 valuation models. Cautious scenario C$13.43, optimistic scenario C$13.93. It is a calculation from audited fundamentals, not an analyst target.
What is the Clarke Inc. stock forecast for 2026?
Our models put fair value at C$13.49, about 43% lower versus a price of C$23.85 (overvalued). Cautious scenario C$13.43, optimistic scenario C$13.93. The calculation is refreshed regularly with new filings.
What is the revenue of Clarke Inc. (CKI)?
Clarke Inc. reported trailing-twelve-month revenue of about C$100M (latest available figure, as of Nov 1, 2026).
What growth is priced into Clarke Inc. (CKI)?
For today's price to be fair in a discounted-cash-flow model, Clarke Inc. would have to grow free cash flow by +49.1 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +32.4 % per year. As of Nov 1, 2026.
What discount rate (WACC) does the fair value of CKI use?
Our models discount Clarke Inc. at 11.0 %: a base by market capitalisation (micro), damped by beta 0.14, country premium for Canada. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Clarke Inc. that is +49.1 % per year a year over ten years, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Clarke Inc. (CKI) delivered so far?
Over the past 5 years revenue at Clarke Inc. grew +32.4 % a year. The price currently implies +49.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Clarke Inc. (CKI) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into Clarke Inc. (+49.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Clarke Inc. (CKI)?
The free-cash-flow yield on the price is 1.28 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Clarke Inc. produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Clarke Inc. (CKI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Clarke Inc. it is C$13.49 per share (as of Nov 1, 2026), against a price of C$23.85. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is Clarke Inc. stock overvalued or undervalued in 2026?
As of Nov 1, 2026, CKI trades above its calculated fair value: price C$23.85, fair value C$13.49, a gap of about −43% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CKI?
No. The price is what the market pays today (C$23.85); the fair value is what the company's own numbers justify (C$13.49). For Clarke Inc. the two are C$10.36 per share apart. That gap is exactly why we show both numbers side by side.
How much is Clarke Inc. worth?
The market values Clarke Inc. at about C$369M (market capitalisation, as of Nov 1, 2026). Per share that is C$23.85; our models calculate a fair value of C$13.49 per share.
What do the bullish and bearish scenarios say about CKI?
Our models span a range for Clarke Inc.: cautious scenario C$13.43, base C$13.49, optimistic C$13.93 per share (as of Nov 1, 2026, price C$23.85). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CKI?
Clarke Inc. trades at a price-to-earnings ratio of 4.0 (as of Nov 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$13.49 is built from several models across several years. Other multiples: P/B 1.3, P/S 3.7, EV/EBITDA 15.0.
How solid is the balance sheet of Clarke Inc. (CKI)?
Balance-sheet figures for Clarke Inc. (as of Nov 1, 2026): return on equity 23.8%, debt of 0.56 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is CKI from its 52-week high?
Clarke Inc. trades at C$23.85, about 15% below its 52-week high of C$28.21 and 17% above the low of C$20.45 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of C$13.49 is for.
Which stocks are comparable to Clarke Inc.?
From the same area (Consumer Cyclical) we also value Marriott International, Inc, Hilton Worldwide Holdings, Hyatt Hotels Corporation, H World Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Clarke Inc. stock attractive at the current price?
The data as of Nov 1, 2026: price C$23.85, calculated fair value C$13.49 (−43%), Quality Score 45/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CKI calculated?
We run Clarke Inc. through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of C$13.49, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Clarke Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Clarke Inc. (CKI)?
The closing price on Nov 5, 2026 was C$23.85. Our model-based fair value is C$13.49, about 43% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Clarke Inc. right now?
The price sits above even our optimistic bull case (C$13.93). The favourable scenario is already priced in. Weak quality (45/100) and above fair value at the same time, the margin of safety is missing on both counts. The models converge in a tight band (C$13.43 to C$13.93), unusually little disagreement for a valuation.
Where does the earnings growth of Clarke Inc. (CKI) come from?
Earnings per share at Clarke Inc. grew −9.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +11.1 %, EBIT margin −11.1 %, tax rate −2.7 %, residual (interest, one-offs) −6.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Clarke Inc.
How large is the market capitalisation of Clarke Inc. (CKI)?
The market capitalisation of Clarke Inc. is C$369M (≈ $263M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Clarke Inc. (CKI)?
The price-to-sales ratio of Clarke Inc. is 3.68 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Clarke Inc. (CKI)?
Earnings per share at Clarke Inc. are C$6.00 (price ÷ EPS = P/E 4.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Clarke Inc. (CKI)?
The net margin of Clarke Inc. is 79.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Clarke Inc. (CKI)?
The return on equity (ROE) of Clarke Inc. is 23.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Clarke Inc. (CKI)?
On an EBIT basis the return on assets of Clarke Inc. is 4.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Clarke Inc. (CKI)?
The operating margin of Clarke Inc. is 30.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Clarke Inc. (CKI)?
Revenue at Clarke Inc. is growing +92.3% versus a year earlier (3y avg +10.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Clarke Inc. (CKI)?
Earnings per share at Clarke Inc. are growing +33.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Clarke Inc. (CKI) carry?
The net debt of Clarke Inc. is C$285M (fiscal year 2025, ≈ 68.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 1, 2026