Cleveland-Cliffs Inc. operates as an independent iron ore mining company in the United States, Canada, and internationally. More Details
High growth potential and slightly overvalued.
Share Price & News
How has Cleveland-Cliffs's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CLF's weekly volatility (9%) has been stable over the past year.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: CLF exceeded the US Metals and Mining industry which returned 28.6% over the past year.
Return vs Market: CLF exceeded the US Market which returned 19.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cleveland-Cliffs's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StA Quick Analysis On Cleveland-Cliffs' (NYSE:CLF) CEO Salary
4 weeks ago | Simply Wall StCleveland-Cliffs Inc. (NYSE:CLF) Released Earnings Last Week And Analysts Lifted Their Price Target To US$7.85
1 month ago | Simply Wall StIs Cleveland-Cliffs Inc. (NYSE:CLF) Trading At A 49% Discount?
Is Cleveland-Cliffs undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLF ($11.18) is trading below our estimate of fair value ($16.77)
Significantly Below Fair Value: CLF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLF is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: CLF is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CLF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CLF is overvalued based on its PB Ratio (5.5x) compared to the US Metals and Mining industry average (1.6x).
How is Cleveland-Cliffs forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: CLF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CLF's is expected to become profitable in the next 3 years.
Revenue vs Market: CLF's revenue (30.2% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: CLF's revenue (30.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLF's Return on Equity is forecast to be low in 3 years time (17.5%).
How has Cleveland-Cliffs performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLF is currently unprofitable.
Growing Profit Margin: CLF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CLF is unprofitable, but has reduced losses over the past 5 years at a rate of 20.1% per year.
Accelerating Growth: Unable to compare CLF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CLF is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-12.4%).
Return on Equity
High ROE: CLF has a negative Return on Equity (-8.13%), as it is currently unprofitable.
How is Cleveland-Cliffs's financial position?
Financial Position Analysis
Short Term Liabilities: CLF's short term assets ($2.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: CLF's short term assets ($2.6B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: CLF's debt to equity ratio (378.9%) is considered high.
Reducing Debt: CLF had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CLF's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: CLF is unprofitable, therefore interest payments are not well covered by earnings.
What is Cleveland-Cliffs's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CLF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CLF is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLF's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
C. Goncalves (62 yo)
Mr. C. Lourenco Goncalves has been the Chairman, Chief Executive Officer and President at Cleveland-Cliffs Inc. since August 7, 2014. Mr. Goncalves is responsible for overseeing and facilitating communicat...
CEO Compensation Analysis
Compensation vs Market: C.'s total compensation ($USD16.07M) is above average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: C.'s compensation has increased whilst the company is unprofitable.
|Executive VP & CFO||1.75yrs||US$2.05m||0.025% |
|Executive VP & COO||1.83yrs||US$3.71m||0.068% |
|Executive VP of HR & Chief Administration Officer||2.83yrs||US$2.64m||0.057% |
|Executive VP & COO of Steel Millss||6.83yrs||US$2.75m||0.061% |
|VP, Corporate Controller & Chief Accounting Officer||0.58yr||no data||0.0045% |
|Director of Investor Relations||no data||no data||no data|
|Executive VP||7.67yrs||no data||0.051% |
|Director of Corporate Communications||8.5yrs||no data||no data|
|Senior VP & Chief Administration Officer of Steel Mills||3.75yrs||no data||0.026% |
|Executive Vice President of Business Development||1.5yrs||no data||0.012% |
|Senior Vice President of Commercial||0.83yr||no data||no data|
Experienced Management: CLF's management team is considered experienced (2.8 years average tenure).
|Director||0.67yr||no data||0.024% |
|Director||0.67yr||no data||0.033% |
|Independent Director||6.17yrs||US$244.00k||0.034% |
|Independent Director||6.33yrs||US$220.00k||0.054% |
|Independent Director||1.83yrs||US$234.23k||0.016% |
|Director||0.67yr||no data||0.013% |
|Independent Director||13.83yrs||US$220.00k||0.026% |
|Lead Independent Director||6.25yrs||US$283.00k||0.048% |
|Independent Director||6.33yrs||US$220.00k||0.042% |
|Independent Director||4.08yrs||US$220.00k||0.0072% |
|Independent Director||1.83yrs||US$234.23k||0.015% |
Experienced Board: CLF's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 47.8%.
Cleveland-Cliffs Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cleveland-Cliffs Inc.
- Ticker: CLF
- Exchange: NYSE
- Founded: 1847
- Industry: Steel
- Sector: Materials
- Market Cap: US$4.332b
- Shares outstanding: 399.24m
- Website: https://www.clevelandcliffs.com
Number of Employees
- Cleveland-Cliffs Inc.
- 200 Public Square
- Suite 3300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CVA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1968|
|CLF||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1968|
|CLF *||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Jan 1968|
|0I0H||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Jan 1968|
Cleveland-Cliffs Inc. operates as an independent iron ore mining company in the United States, Canada, and internationally. It operates in two segments, Mining and Pelletizing, and Metallics. The company o...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/25 23:37|
|End of Day Share Price||2020/11/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.