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TechnologyNYQUSD

Clear Secure, Inc.

$0012345678900123456789.0012345678900123456789+3.2%
52w low (est.) $42.84$69.28 52w high (est.)
Market data
Market cap
USD7.09B
52-week range
USD28.39 – USD62.73
Beta (vs market)
1.06
Sector
Technology
Data quality
100/100
Valuation
P/E ratio
44.2x
DCF fair value
USD46.20
Margin of safety
-15.1%
Forward P/E
20.5x
Dividend yield
1.09%
Quality & efficiency
Moat score
80/100
Return on equity
109.5%
Profit margin
13.0%
Debt / equity
0.52
Growth & analysts
Revenue growth (YoY)
+19.7%
Analyst target
USD62.60
Target upside
+15.0%
Analysts covering
5

About Clear Secure, Inc.

Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. It provides secure identity platform, a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members. In addition, it provides RESERVE powered by CLEAR to reservation spot for airport locations; Home to Gate, a feature to help travelers plan and time their trip to the airport; CLEAR1, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; CLEAR ID, a free and mobile digital ID that allow any traveler to verify their identity; CLEAR Concierge which enhances the CLEAR value proposition for high-frequency and premium travelers, as well as travelers requiring additional assistance, such as families and senior citizens; CLEAR Perks, a suite of added benefits that help CLEAR members get an even more seamless experience; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Sora ID, a one-click know your customer that enables adding know your customer services to platform offerings; and a virtual queuing technology. The company has a strategic collaboration with Samsung Electronics America, Inc. for the development of Samsung ID with CLEAR, a digital ID solution that allows users to add a US passport to Samsung Wallet and verify their identity. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.

Valuation

ValueGrowthProfitHealthIncome47QUALITY
Overall Rating
58
Buy
Buy

Derived from filed metrics · High confidence (100% of the inputs available)

Moat Score80
DCF Intrinsic Value
USD46.20-15.1% downside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
USD7.09B
P/E Ratio
44.2
Dividend Yield
1.09%
Revenue Growth
+19.7%
Profit Margin
13.0%
ROE
109.5%
Debt / Equity
0.52
Beta
1.06
vs Technology sector:P/E 44 vs 53 · cheaperMoat 80 vs 10Yield 1.09% vs 0.1%

Statistics

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