Cleveland-Cliffs Inc CLF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Cleveland-Cliffs Announces Shareholder Approval of Arrangement to Acquire Stelco
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Cleveland-Cliffs Reaffirms Commitment to Middletown Works Decarbonization Project and Ongoing Partnership with the U.S. Department of Energy
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Cleveland-Cliffs Successfully Amends Asset-Based Lending Facility
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Cleveland-Cliffs Commends President Biden’s Reported Decision to Block Foreign Ownership of U.S. Steel by Japan’s Nippon Steel
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Cleveland-Cliffs Announces Promotion of Michael Hrosik to Senior Vice President, Commercial
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Cleveland-Cliffs’ New 4-Year Labor Contract with the UAW Ratified at Dearborn Works
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Cleveland-Cliffs Inc. Announces Upsizing and Pricing of an Additional $600 Million Senior Guaranteed Notes due 2032
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Cleveland-Cliffs Inc. Announces Proposed Offering of an Additional $500 Million Senior Guaranteed Notes due 2032
Trading Information
- Previous Close Price
- $12.71
- Day Range
- $12.76–13.17
- 52-Week Range
- $10.21–22.97
- Bid/Ask
- $12.56 / $12.89
- Market Cap
- $5.97 Bil
- Volume/Avg
- 80 / 11.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 16.36
- Price/Sales
- 0.30
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- 13.24%
Company Profile
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
- Sector
- Basic Materials
- Industry
- Steel
- Stock Style Box
- Small Growth
- Total Number of Employees
- 28,000
- Website
- https://www.clevelandcliffs.com
Comparables
Valuation
|
Metric
|
CLF
|
600231
|
000709
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.36 | — | 35.07 |
Price/Book Value | 0.84 | 0.71 | 0.41 |
Price/Sales | 0.30 | 0.23 | 0.19 |
Price/Cash Flow | 5.03 | 2.79 | 1.52 |
Price/Earnings
CLF
600231
000709
Financial Strength
|
Metric
|
CLF
|
600231
|
000709
|
|---|---|---|---|
Quick Ratio | 0.57 | 0.28 | 0.33 |
Current Ratio | 1.87 | 0.53 | 0.51 |
Interest Coverage | 1.48 | −19.87 | 1.12 |
Quick Ratio
CLF
600231
000709
Profitability
|
Metric
|
CLF
|
600231
|
000709
|
|---|---|---|---|
Return on Assets (Normalized) | 2.24% | −6.66% | 0.23% |
Return on Equity (Normalized) | 5.19% | −14.61% | 1.20% |
Return on Invested Capital (Normalized) | 5.14% | −10.86% | 2.41% |
Return on Assets
CLF
600231
000709
Steel Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Nucor Corp
NUE
| Bwxmhzgnbw | Thsh | $35.6 Bil | |||
| POSCO Holdings Inc ADR
PKX
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| Nippon Steel Corp
NISTF
| — | Rzkc | $21.2 Bil | |||
| Nippon Steel Corp ADR
NPSCY
| — | Cltz | $21.2 Bil | |||
| ArcelorMittal SA New Reg.Shs ex-Arcelor
AMSYF
| Xjvlblhk | Cggw | $20.4 Bil | |||
| ArcelorMittal SA Depository Receipt
MT
| Lzsv | Zgds | $20.4 Bil | |||
| Steel Dynamics Inc
STLD
| Pyvkmcvv | Bwfg | $19.4 Bil | |||
| Reliance Inc
RS
| Krpnntfcl | Gryn | $15.9 Bil | |||
| China Steel Corp DR
CISXF
| — | Spnk | $11.2 Bil | |||
| United States Steel Corp
X
| Zhzyghhk | Vtx | $8.0 Bil |
United States