Cleveland-Cliffs Inc. (CLF)
NYSE: CLF · Real-Time Price · USD
11.66
+0.22 (1.92%)
At close: Nov 20, 2024, 4:00 PM
11.65
-0.01 (-0.09%)
Pre-market: Nov 21, 2024, 6:41 AM EST

Cleveland-Cliffs Statistics

Total Valuation

CLF has a market cap or net worth of $5.76 billion. The enterprise value is $9.76 billion.

Market Cap 5.76B
Enterprise Value 9.76B

Important Dates

The last earnings date was Monday, November 4, 2024, after market close.

Earnings Date Nov 4, 2024
Ex-Dividend Date n/a

Share Statistics

CLF has 493.94 million shares outstanding. The number of shares has decreased by -5.79% in one year.

Current Share Class 493.94M
Shares Outstanding 493.94M
Shares Change (YoY) -5.79%
Shares Change (QoQ) -1.27%
Owned by Insiders (%) 1.80%
Owned by Institutions (%) 70.84%
Float 484.69M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.28
Forward PS 0.28
PB Ratio 0.80
P/TBV Ratio 1.02
P/FCF Ratio 10.03
P/OCF Ratio 4.69
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.14, with an EV/FCF ratio of 17.01.

EV / Earnings n/a
EV / Sales 0.49
EV / EBITDA 9.14
EV / EBIT 69.73
EV / FCF 17.01

Financial Position

The company has a current ratio of 1.85, with a Debt / Equity ratio of 0.54.

Current Ratio 1.85
Quick Ratio 0.50
Debt / Equity 0.54
Debt / EBITDA 2.93
Debt / FCF 6.62
Interest Coverage 0.47

Financial Efficiency

Return on equity (ROE) is -5.36% and return on invested capital (ROIC) is 0.77%.

Return on Equity (ROE) -5.36%
Return on Assets (ROA) 0.50%
Return on Capital (ROIC) 0.77%
Revenue Per Employee $713,286
Profits Per Employee -$16,500
Employee Count 28,000
Asset Turnover 1.15
Inventory Turnover 4.41

Taxes

Income Tax -69.00M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -31.37% in the last 52 weeks. The beta is 1.96, so CLF's price volatility has been higher than the market average.

Beta (5Y) 1.96
52-Week Price Change -31.37%
50-Day Moving Average 12.62
200-Day Moving Average 16.04
Relative Strength Index (RSI) 42.96
Average Volume (20 Days) 15,163,922

Short Selling Information

The latest short interest is 41.49 million, so 8.40% of the outstanding shares have been sold short.

Short Interest 41.49M
Short Previous Month 48.12M
Short % of Shares Out 8.40%
Short % of Float 8.56%
Short Ratio (days to cover) 4.34

Income Statement

In the last 12 months, CLF had revenue of $19.97 billion and -$462.00 million in losses. Loss per share was -$0.95.

Revenue 19.97B
Gross Profit 511.00M
Operating Income 140.00M
Pretax Income 80.00M
Net Income -462.00M
EBITDA 1.07B
EBIT 140.00M
Loss Per Share -$0.95
Full Income Statement

Balance Sheet

The company has $39.00 million in cash and $3.80 billion in debt, giving a net cash position of -$3.76 billion or -$7.62 per share.

Cash & Cash Equivalents 39.00M
Total Debt 3.80B
Net Cash -3.76B
Net Cash Per Share -$7.62
Equity (Book Value) 7.10B
Book Value Per Share 14.64
Working Capital 2.77B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.23 billion and capital expenditures -$655.00 million, giving a free cash flow of $574.00 million.

Operating Cash Flow 1.23B
Capital Expenditures -655.00M
Free Cash Flow 574.00M
FCF Per Share $1.16
Full Cash Flow Statement

Margins

Gross margin is 2.56%, with operating and profit margins of 0.70% and -2.31%.

Gross Margin 2.56%
Operating Margin 0.70%
Pretax Margin -2.41%
Profit Margin -2.31%
EBITDA Margin 5.35%
EBIT Margin 0.70%
FCF Margin 6.73%

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 5.79%
Shareholder Yield 5.79%
Earnings Yield -8.02%
FCF Yield 9.97%
Dividend Details

Analyst Forecast

The average price target for CLF is $16.57, which is 42.11% higher than the current price. The consensus rating is "Hold".

Price Target $16.57
Price Target Difference 42.11%
Analyst Consensus Hold
Analyst Count 11
Revenue Growth Forecast (5Y) -0.55%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 2.05 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.05
Piotroski F-Score 3