QualityDipStocks / Basic Materials · Metal Mining
Cleveland-Cliffs CLF
Outside our quality screen, so we don’t track its dips. It’s 6% below its 52-week high.
Outside our quality screen, 3% over its Market Value. No fair value estimate for now: its free cash flow is negative.
- Fair value est.
- n/a
- Market Value
- $13.83price +3%
- Off 52-wk high
- −6%
- Risk vs market
- Highbeta 2.03
1 bullish · 5 bearish See why
Key levels
Every level vs today’s $14.25
- 52-wk lowlowest close, 1 year$7.82−45.1%
- Market Valueavg paid since Oct 19$13.83−2.9%
- PriceFri Oct 30 close$14.25you are here
- 52-wk highhighest close, 1 year$15.09+5.9%
Fair value estimate
No estimate for CLF: negative free cash flow. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much CLF moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 5.2× the S&P 500’s.
- Beta vs S&P 500
- 2.03
- Volatility
- 66% vs 13% SPY
- Correlation SPY
- 0.39
- Correlation QQQ
- 0.35
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 1 of 5
ValuationPrice / book of 1.4×, below the 3.8× median for the 19 Basic Materials companies we cover.
Top bearish points 5 of 5
ValuationFree cash flow is negative (−$485M over the last 12 months), so there’s no cash-flow value under the price.
ProfitabilityOperating margin narrowed to −8.5% in FY2025 from 3.0% in FY2023 (SEC filings).
ProfitabilityGross margin narrowed to −4.6% in FY2025 from 6.2% in FY2023 (SEC filings).
ProfitabilityLost $473M over the last 12 months (net income, SEC filings).
QualityDoesn’t pass our quality screen: no positive free cash flow; ROE under 12% and ROIC under 10%; net debt 7.5× EBITDA (limit 3×).
Who’s talking about it
Notable investors, executives, analysts and public figures on Cleveland-Cliffs in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Metal Mining
All fundamentals
FCF yield -6.0% · ROE -8% · Sales +8%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- n/anegative free cash flow
- FCF yield
- −6.0%
- EV / EBITDA
- 20.3×
- Price / sales
- 0.40×
- Price / book
- 1.42×
- Market cap
- $8.1Blisted
- Enterprise value
- $15.7B
Growth
- Revenue, 12 months
- $20.1B
- Sales growth, 12 months
- +7.8%vs the 12 months before
- Sales growth, 3 yrs
- −6.8%/yrfrom FY2022
- Diluted EPS, 12 months
- −$0.82
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- −$473M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- 1.5%
- Operating margin
- −1.4%
- Net margin
- −2.4%
- FCF margin
- −2.4%
- Return on equity
- −8%
- Return on invested capital
- −2%
Balance sheet
- Cash & short-term inv.
- $77M
- Total debt
- $7.6B
- Net cash
- −$7.6B
- Debt / equity
- 1.34×
- Interest coverage
- n/ainterest expense not tagged in SEC data
Cash flow & returns
- Free cash flow, 12 months
- −$485M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- n/ano dividend payments tagged
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +16.0%diluted shares vs a year ago
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Sep 30, 2026; balance sheet at Sep 30, 2026. From Cleveland-Cliffs’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
MV $13.83
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 61 · 5 days +2.5%
The business
FCF $-0.5B · Sales +18%
- Free cash flow, 12 months−$0.5B
- Free-cash-flow yield−5.9%
- Gross margin2%
- Operating margin7%
- Return on invested capital8%
- Return on equity−7%
- Sales growth (latest quarter vs year-ago quarter)+18%
- Net debt / EBITDA7.5×
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
CLF is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.