Intrinsic value of Cleveland-Cliffs Inc. (CLF)

[per Chepakovich valuation model]

other valuations of CLF

[per Chepakovich valuation model]  See other valuations of CLF stock

Previous Close$21.58
Intrinsic Value
Upside potential
Previous Close
$21.58

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2021-03-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %169.1NaN
Revenue, $5354NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m5496NaN
Operating income, $m-142NaN
EBITDA, $m262NaN
Interest expense (income), $mNaN
Earnings before tax, $m-233NaN
Tax expense, $m-111NaN
Net income, $m-122NaN

BALANCE SHEET

Cash and short-term investments, $m112NaN
Total assets, $m16771NaN
Adjusted assets (=assets-cash), $m16659NaN
Average production assets, $m6040NaN
Working capital, $m2369NaN
Total debt, $m5390NaN
Total liabilities, $m14430NaN
Total equity, $m2341NaN
Debt-to-equity ratio2.302NaN
Adjusted equity ratio0.134NaN

CASH FLOW

Net income, $m-122NaN
Depreciation, amort., depletion, $m404NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m-261NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-525NaN
Free cash flow, $m264NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m2369
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN