Company Valuation: Cleveland-Cliffs Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,887 8,302 10,309 4,643 8,562 6,995 - -
Change - -23.75% 24.19% -54.96% 84.4% -18.3% - -
Enterprise Value (EV) 1 16,077 12,721 13,248 11,654 15,758 14,259 13,586 12,660
Change - -20.88% 4.15% -12.03% 35.21% -9.51% -4.71% -6.82%
P/E 4.06x 6.32x 26.2x -5.99x -4.56x -61.8x 13.9x 12.1x
PBR 1.98x 1.06x 1.31x 0.7x 1.24x 1.14x 1.06x 0.97x
PEG - -0.1x -0.4x 0x -0.1x 0.7x -0x 0.8x
Capitalization / Revenue 0.53x 0.36x 0.47x 0.24x 0.46x 0.33x 0.32x 0.32x
EV / Revenue 0.79x 0.55x 0.6x 0.61x 0.85x 0.67x 0.62x 0.57x
EV / EBITDA 3.06x 4.01x 6.93x 14.9x 426x 9.14x 6.12x 5.83x
EV / EBIT 4.01x 6.56x 16.3x -15.4x -9.98x 41.5x 12.9x 12x
EV / FCF 7.73x 8.59x 8.17x -19.8x -15.4x -38.5x 21.6x 16.2x
FCF Yield 12.9% 11.6% 12.2% -5.06% -6.49% -2.6% 4.63% 6.17%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 5.36 2.55 0.78 -1.57 -2.91 -0.1984 0.8829 1.012
Distribution rate - - - - - - - -
Net sales 1 20,444 22,989 21,996 19,185 18,610 21,416 22,042 22,064
EBITDA 1 5,262 3,169 1,911 780 37 1,560 2,220 2,170
EBIT 1 4,012 1,939 814 -756 -1,579 343.2 1,055 1,058
Net income 1 2,988 1,335 399 -754 -1,478 -90.34 514.6 500.5
Net Debt 1 5,190 4,419 2,939 7,011 7,196 7,264 6,592 5,665
Reference price 2 21.77 16.11 20.42 9.40 13.28 12.26 12.26 12.26
Nbr of stocks (in thousands) 5,00,091 5,15,302 5,04,861 4,93,944 6,44,707 5,70,540 - -
Announcement Date 11/02/22 13/02/23 29/01/24 24/02/25 09/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.95x1.64x8.56x0.82% 6.21TCr
16.23x0.93x7.56x0.86% 5.49TCr
15.92x1.7x10.12x0.81% 3.76TCr
54.62x9.13x33.69x0.14% 2.84TCr
13.46x1.19x7.19x2.23% 2.47TCr
13.02x0.79x7.63x3.46% 2.31TCr
12.15x0.55x5.39x2.95% 1.78TCr
16.63x4.8x11.88x0.05% 1.24TCr
13.77x0.91x6.88x2.78% 1.07TCr
Average 18.97x 2.41x 10.99x 1.57% 3.02TCr
Weighted average by Cap. 19.03x 2.22x 10.87x 1.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CLF Stock
  4. CVA Stock
  5. Valuation Cleveland-Cliffs Inc.