Cleveland-Cliffs Statistics
Total Valuation
CLF has a market cap or net worth of $7.43 billion. The enterprise value is $11.07 billion.
| Market Cap | 7.43B |
| Enterprise Value | 11.07B |
Important Dates
The next estimated earnings date is Monday, July 22, 2024, after market close.
| Earnings Date | Jul 22, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
CLF has 475.48 million shares outstanding. The number of shares has decreased by -3.20% in one year.
| Shares Outstanding | 475.48M |
| Shares Change (YoY) | -3.20% |
| Shares Change (QoQ) | -1.30% |
| Owned by Insiders (%) | 1.67% |
| Owned by Institutions (%) | 70.76% |
| Float | 465.96M |
Valuation Ratios
The trailing PE ratio is 20.84 and the forward PE ratio is 38.10. CLF's PEG ratio is -0.22.
| PE Ratio | 20.84 |
| Forward PE | 38.10 |
| PS Ratio | 0.34 |
| Forward PS | 0.35 |
| PB Ratio | 1.03 |
| P/FCF Ratio | 4.11 |
| PEG Ratio | -0.22 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.22, with an EV/FCF ratio of 6.12.
| EV / Earnings | 28.45 |
| EV / Sales | 0.51 |
| EV / EBITDA | 6.22 |
| EV / EBIT | 13.53 |
| EV / FCF | 6.12 |
Financial Position
The company has a current ratio of 1.91, with a Debt / Equity ratio of 0.51.
| Current Ratio | 1.91 |
| Quick Ratio | 0.56 |
| Debt / Equity | 0.51 |
| Debt / EBITDA | 2.06 |
| Debt / FCF | 2.03 |
| Interest Coverage | 2.96 |
Financial Efficiency
Return on equity (ROE) is 5.00% and return on invested capital (ROIC) is 4.56%.
| Return on Equity (ROE) | 5.00% |
| Return on Assets (ROA) | 2.20% |
| Return on Capital (ROIC) | 4.56% |
| Revenue Per Employee | $782,143 |
| Profits Per Employee | $13,893 |
| Employee Count | 28,000 |
| Asset Turnover | 1.23 |
| Inventory Turnover | 4.34 |
Taxes
In the past 12 months, CLF has paid $153.00 million in taxes.
| Income Tax | 153.00M |
| Effective Tax Rate | 28.23% |
Stock Price Statistics
The stock price has decreased by -6.52% in the last 52 weeks. The beta is 2.08, so CLF's price volatility has been higher than the market average.
| Beta (5Y) | 2.08 |
| 52-Week Price Change | -6.52% |
| 50-Day Moving Average | 16.63 |
| 200-Day Moving Average | 18.04 |
| Relative Strength Index (RSI) | 47.93 |
| Average Volume (20 Days) | 11,272,692 |
Short Selling Information
The latest short interest is 34.81 million, so 7.32% of the outstanding shares have been sold short.
| Short Interest | 34.81M |
| Short Previous Month | 33.44M |
| Short % of Shares Out | 7.32% |
| Short % of Float | 7.47% |
| Short Ratio (days to cover) | 4.52 |
Income Statement
In the last 12 months, CLF had revenue of $21.90 billion and earned $389.00 million in profits. Earnings per share was $0.75.
| Revenue | 21.90B |
| Gross Profit | 1.58B |
| Operating Income | 690.00M |
| Pretax Income | 542.00M |
| Net Income | 389.00M |
| EBITDA | 1.78B |
| EBIT | 818.00M |
| Earnings Per Share (EPS) | $0.75 |
Balance Sheet
The company has $30.00 million in cash and $3.66 billion in debt, giving a net cash position of -$3.63 billion or -$7.64 per share.
| Cash & Cash Equivalents | 30.00M |
| Total Debt | 3.66B |
| Net Cash | -3.63B |
| Net Cash Per Share | -$7.64 |
| Equity (Book Value) | 7.20B |
| Book Value Per Share | 15.14 |
| Working Capital | 3.07B |
Cash Flow
In the last 12 months, operating cash flow was $2.45 billion and capital expenditures -$640.00 million, giving a free cash flow of $1.81 billion.
| Operating Cash Flow | 2.45B |
| Capital Expenditures | -640.00M |
| Free Cash Flow | 1.81B |
| FCF Per Share | $3.63 |
Margins
Gross margin is 7.20%, with operating and profit margins of 3.15% and 1.78%.
| Gross Margin | 7.20% |
| Operating Margin | 3.15% |
| Pretax Margin | 2.47% |
| Profit Margin | 1.78% |
| EBITDA Margin | 8.12% |
| EBIT Margin | 3.74% |
| FCF Margin | 8.26% |
Dividends & Yields
CLF does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 3.20% |
| Shareholder Yield | 3.20% |
| Earnings Yield | 5.23% |
| FCF Yield | 24.33% |
Analyst Forecast
The average price target for CLF is $19.33, which is 23.67% higher than the current price. The consensus rating is "Hold".
| Price Target | $19.33 |
| Price Target Difference | 23.67% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | -0.55% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 16, 2008. It was a forward split with a ratio of 2:1.
| Last Split Date | May 16, 2008 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
CLF has an Altman Z-Score of 2.23 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.23 |
| Piotroski F-Score | 8 |