Cleveland-Cliffs Inc. (CLF) exhibits -4.6% gross margins and -9.4% return on invested capital within Materials (Metal Mining), balanced against a 24.0x enterprise multiple and 6.8% implied options volatility.
Sustained -4.6% gross profitability converts into -8.5% operating margin and -9.4% ROIC, outpacing sector cost of capital.
ROIC: -9.4% // GM: -4.6%YoY revenue trajectory of -3.0% paired with -12.57% free cash flow yield supports self-funded R&D and capital return.
REV YOY: -3.0% // FCF YLD: -12.57%Altman Z-Score of 1.18 and Piotroski F-Score of 2/9 indicate low near-term refinancing stress.
ALTMAN Z: 1.18 // F-SCORE: 2/9Trading at 24.0x trailing P/E (23.0x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 24.0x // EV/EBITDA: —Options market prices a ±6.8% implied move with a 0.65 put/call ratio around $14.00 max pain.
IMPL MOVE: ±6.8% // P/C: 0.65Elevated industry capital intensity and customer concentration in Metal Mining require continuous execution to defend -7.9% net margins.
NET MARGIN: -7.9% // D/E: 1.19x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for CLF & activate live FRED threshold breach alerts.