Cleveland-Cliffs Fair Value
CL
The fair market value of CLF stock is 0.57 USD. Relative to the market price of 12.03 USD Cleveland-Cliffs is overvalued by 95.3%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Cleveland-Cliffs Valuation
Current CLF share ticker price is 12.03 USD.
The fair value level of 0.57 USD can be considered as an effective entry point for long-term investors to start investing in CLF stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 95% higher its fair value
Current price is 98% higher its minimum value
Current price is 80% higher its maximum value
Market price:
CLF stock is greatly overvalued
It means the current price may concern as a High Risk Entry Point
Cleveland-Cliffs Inc Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
29.13
2
Median P/E over 5 years
6.98
3
Minimum P/E over 5 years
2.85
4
Earning per share (last 12 months)
0.08 USD
Maximum value
1
x
4
=
2.38 USD
Fair value
2
x
4
=
0.57 USD
Minimum value
3
x
4
=
0.23 USD
Cleveland-Cliffs Inc price metrics
6.8
Annual return (geometric mean)
61.0
Risk (standard deviation) of returns
β
2.0
Beta (volatility compared to market)