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Cleveland-Cliffs Inc
NYSE:CLF

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Cleveland-Cliffs Inc
NYSE:CLF
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Price: 8.35 USD -3.02% Market Closed
Market Cap: $4.8B

Relative Value

The Relative Value of one CLF stock under the Base Case scenario is 24.04 USD. Compared to the current market price of 8.35 USD, Cleveland-Cliffs Inc is Undervalued by 65%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CLF Relative Value
Base Case
24.04 USD
Undervaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

CLF Competitors Multiples
Cleveland-Cliffs Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cleveland-Cliffs Inc
NYSE:CLF
4.8B USD 0.3 -3.3 -56.7 -8.5
ZA
Kumba Iron Ore Ltd
JSE:KIO
104.5B ZAR 1.5 7.2 3.5 3.5
BR
Vale SA
BOVESPA:VALE3
337.1B BRL 1.6 24.5 4.8 6.2
AU
Fortescue Metals Group Ltd
ASX:FMG
61.4B AUD 2.7 11.7 7.9 7.9
AU
Fortescue Ltd
XMUN:FVJ
37.7B EUR 2.7 11.9 8 8
LU
ArcelorMittal SA
AEX:MT
34.8B EUR 0.7 12.7 7.5 15.4
US
Nucor Corp
NYSE:NUE
37.1B USD 1.1 21.3 9.9 15.4
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.8T INR 1.6 38 13.1 20.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.4T INR 1.1 26.5 10 15.5
US
Steel Dynamics Inc
NASDAQ:STLD
25.2B USD 1.4 21.3 14.1 19.4
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
150.7B CNY 0.5 16 13.1 13.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cleveland-Cliffs Inc
NYSE:CLF
Average EV/EBITDA: 9.2
Negative Multiple: -56.7
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
3.5
11%
0.3
BR
Vale SA
BOVESPA:VALE3
4.8
9%
0.5
AU
Fortescue Metals Group Ltd
ASX:FMG
7.9
12%
0.7
AU
F
Fortescue Ltd
XMUN:FVJ
8
12%
0.7
LU
ArcelorMittal SA
AEX:MT
7.5
20%
0.4
US
Nucor Corp
NYSE:NUE
9.9
15%
0.7
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.1
23%
0.6
IN
Tata Steel Ltd
NSE:TATASTEEL
10
28%
0.4
US
Steel Dynamics Inc
NASDAQ:STLD
14.1
22%
0.6
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
13.1
60%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Cleveland-Cliffs Inc
NYSE:CLF
Average EV/EBIT: 12.5
Negative Multiple: -8.5
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
3.5
0%
N/A
BR
Vale SA
BOVESPA:VALE3
6.2
7%
0.9
AU
Fortescue Metals Group Ltd
ASX:FMG
7.9
-5%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
8
-5%
N/A
LU
ArcelorMittal SA
AEX:MT
15.4
30%
0.5
US
Nucor Corp
NYSE:NUE
15.4
19%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
20.2
31%
0.7
IN
Tata Steel Ltd
NSE:TATASTEEL
15.5
32%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
19.4
26%
0.7
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
13.1
23%
0.6
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett