As of 2024-12-14, the Fair Value of Cleveland-Cliffs Inc (CLF) is -23.38 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 10.21 USD, the upside of Cleveland-Cliffs Inc is -329.02%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | 293.00 | -122.00 | 2,988.00 | 1,335.00 | 399.00 | 978.60 |
| YoY growth | -74.02% | -141.64% | 2,549.18% | -55.32% | -70.11% | 441.62% |
| Market Cap (mil) | 5,043.13 |
| P/E | |
| Forward P/E | 7.49x |
| EPS | -0.94 |
| Avg earnings growth rate | 441.62% |
| TTM earnings | -462.00 |