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CLEVELAND-CLIFFS INC (CLF) Stock Fundamental Analysis

USA - NYSE:CLF - US1858991011 - Common Stock

11.58 USD
-0.31 (-2.61%)
Last: 9/16/2025, 11:48:09 AM
Fundamental Rating

2

Overall CLF gets a fundamental rating of 2 out of 10. We evaluated CLF against 156 industry peers in the Metals & Mining industry. CLF may be in some trouble as it scores bad on both profitability and health. CLF is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year CLF has reported negative net income.
CLF had a negative operating cash flow in the past year.
In multiple years CLF reported negative net income over the last 5 years.
Of the past 5 years CLF 4 years had a positive operating cash flow.
CLF Yearly Net Income VS EBIT VS OCF VS FCFCLF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

1.2 Ratios

CLF's Return On Assets of -8.14% is on the low side compared to the rest of the industry. CLF is outperformed by 69.23% of its industry peers.
Looking at the Return On Equity, with a value of -28.65%, CLF is doing worse than 77.56% of the companies in the same industry.
Industry RankSector Rank
ROA -8.14%
ROE -28.65%
ROIC N/A
ROA(3y)1.93%
ROA(5y)4.16%
ROE(3y)3.63%
ROE(5y)12.18%
ROIC(3y)N/A
ROIC(5y)N/A
CLF Yearly ROA, ROE, ROICCLF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for CLF so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
CLF Yearly Profit, Operating, Gross MarginsCLF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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2

2. Health

2.1 Basic Checks

CLF does not have a ROIC to compare to the WACC, probably because it is not profitable.
CLF has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CLF has more shares outstanding
CLF has a worse debt/assets ratio than last year.
CLF Yearly Shares OutstandingCLF Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
CLF Yearly Total Debt VS Total AssetsCLF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

Based on the Altman-Z score of 1.09, we must say that CLF is in the distress zone and has some risk of bankruptcy.
CLF's Altman-Z score of 1.09 is on the low side compared to the rest of the industry. CLF is outperformed by 77.56% of its industry peers.
CLF has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CLF (1.33) is worse than 88.46% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF N/A
Altman-Z 1.09
ROIC/WACCN/A
WACC8.61%
CLF Yearly LT Debt VS Equity VS FCFCLF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

CLF has a Current Ratio of 2.04. This indicates that CLF is financially healthy and has no problem in meeting its short term obligations.
CLF has a Current ratio of 2.04. This is comparable to the rest of the industry: CLF outperforms 44.87% of its industry peers.
A Quick Ratio of 0.61 indicates that CLF may have some problems paying its short term obligations.
CLF's Quick ratio of 0.61 is on the low side compared to the rest of the industry. CLF is outperformed by 83.97% of its industry peers.
Industry RankSector Rank
Current Ratio 2.04
Quick Ratio 0.61
CLF Yearly Current Assets VS Current LiabilitesCLF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

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4

3. Growth

3.1 Past

CLF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -624.62%.
Looking at the last year, CLF shows a very negative growth in Revenue. The Revenue has decreased by -12.14% in the last year.
Measured over the past years, CLF shows a very strong growth in Revenue. The Revenue has been growing by 57.33% on average per year.
EPS 1Y (TTM)-624.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-23333.33%
Revenue 1Y (TTM)-12.14%
Revenue growth 3Y-2.1%
Revenue growth 5Y57.33%
Sales Q2Q%-3.1%

3.2 Future

CLF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 37.39% yearly.
Based on estimates for the next years, CLF will show a small growth in Revenue. The Revenue will grow by 1.94% on average per year.
EPS Next Y-96.42%
EPS Next 2Y42.89%
EPS Next 3Y37.39%
EPS Next 5YN/A
Revenue Next Year1.08%
Revenue Next 2Y3.08%
Revenue Next 3Y3.34%
Revenue Next 5Y1.94%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CLF Yearly Revenue VS EstimatesCLF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 5B 10B 15B 20B
CLF Yearly EPS VS EstimatesCLF Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4

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1

4. Valuation

4.1 Price/Earnings Ratio

CLF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 219.94, CLF can be considered very expensive at the moment.
CLF's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of CLF to the average of the S&P500 Index (22.77), we can say CLF is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 219.94
CLF Price Earnings VS Forward Price EarningsCLF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 100 150 200

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
CLF Per share dataCLF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

A more expensive valuation may be justified as CLF's earnings are expected to grow with 37.39% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y42.89%
EPS Next 3Y37.39%

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0

5. Dividend

5.1 Amount

CLF does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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CLEVELAND-CLIFFS INC

NYSE:CLF (9/16/2025, 11:48:09 AM)

11.58

-0.31 (-2.61%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)07-21 2025-07-21/bmo
Earnings (Next)11-03 2025-11-03/amc
Inst Owners73.74%
Inst Owner Change5.36%
Ins Owners1.64%
Ins Owner Change0.49%
Market Cap5.73B
Analysts66.32
Price Target10.55 (-8.89%)
Short Float %15.98%
Short Ratio3.52
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-29.16%
Min EPS beat(2)-29.71%
Max EPS beat(2)-28.61%
EPS beat(4)0
Avg EPS beat(4)-49.57%
Min EPS beat(4)-90.92%
Max EPS beat(4)-28.61%
EPS beat(8)3
Avg EPS beat(8)-9.71%
EPS beat(12)4
Avg EPS beat(12)-10.03%
EPS beat(16)6
Avg EPS beat(16)-9.3%
Revenue beat(2)0
Avg Revenue beat(2)-1.02%
Min Revenue beat(2)-1.15%
Max Revenue beat(2)-0.88%
Revenue beat(4)0
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-5.15%
Max Revenue beat(4)-0.88%
Revenue beat(8)0
Avg Revenue beat(8)-2.4%
Revenue beat(12)2
Avg Revenue beat(12)-1.99%
Revenue beat(16)5
Avg Revenue beat(16)-0.97%
PT rev (1m)-0.65%
PT rev (3m)8.65%
EPS NQ rev (1m)-6.65%
EPS NQ rev (3m)-327.65%
EPS NY rev (1m)-17.17%
EPS NY rev (3m)-151.58%
Revenue NQ rev (1m)-0.86%
Revenue NQ rev (3m)-3.15%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-2.12%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 219.94
P/S 0.31
P/FCF N/A
P/OCF N/A
P/B 0.98
P/tB 2.03
EV/EBITDA N/A
EPS(TTM)-3.41
EYN/A
EPS(NY)0.05
Fwd EY0.45%
FCF(TTM)-3
FCFYN/A
OCF(TTM)-1.74
OCFYN/A
SpS37.31
BVpS11.76
TBVpS5.7
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -8.14%
ROE -28.65%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)1.93%
ROA(5y)4.16%
ROE(3y)3.63%
ROE(5y)12.18%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.9
Health
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 53.08%
Cap/Sales 3.36%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.04
Quick Ratio 0.61
Altman-Z 1.09
F-Score2
WACC8.61%
ROIC/WACCN/A
Cap/Depr(3y)76.89%
Cap/Depr(5y)95.94%
Cap/Sales(3y)3.55%
Cap/Sales(5y)4.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-624.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-23333.33%
EPS Next Y-96.42%
EPS Next 2Y42.89%
EPS Next 3Y37.39%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.14%
Revenue growth 3Y-2.1%
Revenue growth 5Y57.33%
Sales Q2Q%-3.1%
Revenue Next Year1.08%
Revenue Next 2Y3.08%
Revenue Next 3Y3.34%
Revenue Next 5Y1.94%
EBIT growth 1Y-411.37%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year182.78%
EBIT Next 3Y81.81%
EBIT Next 5Y47.39%
FCF growth 1Y-237.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-146.02%
OCF growth 3Y-66.47%
OCF growth 5Y-28.65%