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CLF Price/Volume Stats

Cleveland-Cliffs Inc. (CLF) Company Bio

Cleveland-Cliffs Inc. is a mining and natural resources company in the United States. The Company is a major supplier of iron ore pellets to the North American steel industry. The company was founded in 1847 and is based in Cleveland, Ohio.

CLF Price Forecast Based on DCF Valuation

We started the process of determining a valid price forecast for Cleveland-Cliffs Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cleveland-Cliffs Inc ranked in the 19st percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 79.33%. As for the metrics that stood out in our discounted cash flow analysis of Cleveland-Cliffs Inc, consider:

• The stock's equity weight, or the proportion of capital from equity relative to debt, is 50. Its equity weight surpasses that of just 20.02% of free cash flow generating stocks in the Basic Materials sector.
• Cleveland-Cliffs Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 2.86% of tickers in our DCF set.
• Cleveland-Cliffs Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.

CPAC, AWI, FSM, CC, and WDFC can be thought of as valuation peers to CLF, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.