ARCELORMITTAL (MT.AS) Stock Fundamental Analysis
Europe - AMS:MT - LU1598757687 - Common Stock
29.62 EUR
+0.47 (+1.61%)
Taking everything into account, MT scores 4 out of 10 in our fundamental rating. MT was compared to 38 industry peers in the Metals & Mining industry. MT has a medium profitability rating, but doesn't score so well on its financial health evaluation. MT is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
MT had positive earnings in the past year.
MT had a positive operating cash flow in the past year.
MT had positive earnings in 4 of the past 5 years.
In the past 5 years MT always reported a positive cash flow from operatings.
1.2 Ratios
MT has a Return On Assets of 2.52%. This is comparable to the rest of the industry: MT outperforms 44.74% of its industry peers.
Looking at the Return On Equity, with a value of 4.59%, MT is in line with its industry, outperforming 50.00% of the companies in the same industry.
MT has a worse Return On Invested Capital (2.83%) than 60.53% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MT is below the industry average of 8.13%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.52% | ||
| ROE | 4.59% | ||
| ROIC | 2.83% |
ROA(3y)4.11%
ROA(5y)5.59%
ROE(3y)7.31%
ROE(5y)10.09%
ROIC(3y)5.89%
ROIC(5y)6.85%
1.3 Margins
MT's Profit Margin of 4.11% is in line compared to the rest of the industry. MT outperforms 52.63% of its industry peers.
In the last couple of years the Profit Margin of MT has declined.
MT's Operating Margin of 5.46% is on the low side compared to the rest of the industry. MT is outperformed by 60.53% of its industry peers.
In the last couple of years the Operating Margin of MT has grown nicely.
MT has a Gross Margin of 10.09%. This is in the lower half of the industry: MT underperforms 76.32% of its industry peers.
In the last couple of years the Gross Margin of MT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.46% | ||
| PM (TTM) | 4.11% | ||
| GM | 10.09% |
OM growth 3Y-35.65%
OM growth 5Y25.94%
PM growth 3Y-52.12%
PM growth 5YN/A
GM growth 3Y-26.65%
GM growth 5Y13.62%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MT is destroying value.
Compared to 1 year ago, MT has less shares outstanding
Compared to 5 years ago, MT has less shares outstanding
The debt/assets ratio for MT is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of MT is 15.69, which is on the high side as it means it would take MT, 15.69 years of fcf income to pay off all of its debts.
MT's Debt to FCF ratio of 15.69 is on the low side compared to the rest of the industry. MT is outperformed by 60.53% of its industry peers.
MT has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.19, MT is doing good in the industry, outperforming 65.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 15.69 | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC8.67%
2.3 Liquidity
A Current Ratio of 1.40 indicates that MT should not have too much problems paying its short term obligations.
MT's Current ratio of 1.40 is on the low side compared to the rest of the industry. MT is outperformed by 76.32% of its industry peers.
MT has a Quick Ratio of 1.40. This is a bad value and indicates that MT is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.59, MT is doing worse than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
MT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.76%.
The earnings per share for MT have been decreasing by -39.64% on average. This is quite bad
MT shows a decrease in Revenue. In the last year, the revenue decreased by -4.81%.
Measured over the past years, MT shows a decrease in Revenue. The Revenue has been decreasing by -2.43% on average per year.
EPS 1Y (TTM)-13.76%
EPS 3Y-39.64%
EPS 5YN/A
EPS Q2Q%109.52%
Revenue 1Y (TTM)-4.81%
Revenue growth 3Y-6.57%
Revenue growth 5Y-2.43%
Sales Q2Q%-1.99%
3.2 Future
MT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.10% yearly.
Based on estimates for the next years, MT will show a small growth in Revenue. The Revenue will grow by 2.46% on average per year.
EPS Next Y33.64%
EPS Next 2Y27.68%
EPS Next 3Y24.1%
EPS Next 5YN/A
Revenue Next Year-0.97%
Revenue Next 2Y2.68%
Revenue Next 3Y2.9%
Revenue Next 5Y2.46%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.97, the valuation of MT can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of MT indicates a rather cheap valuation: MT is cheaper than 84.21% of the companies listed in the same industry.
MT is valuated cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.31, which indicates a rather cheap valuation of MT.
Based on the Price/Forward Earnings ratio, MT is valued cheaply inside the industry as 92.11% of the companies are valued more expensively.
MT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.97 | ||
| Fwd PE | 7.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MT is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
MT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.17 | ||
| EV/EBITDA | 6.07 |
4.3 Compensation for Growth
MT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MT's earnings are expected to grow with 24.10% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y27.68%
EPS Next 3Y24.1%
5. Dividend
5.1 Amount
MT has a Yearly Dividend Yield of 1.58%.
Compared to an average industry Dividend Yield of 2.77, MT pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.38, MT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
5.2 History
On average, the dividend of MT grows each year by 37.57%, which is quite nice.
Dividend Growth(5Y)37.57%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MT pays out 16.15% of its income as dividend. This is a sustainable payout ratio.
The dividend of MT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP16.15%
EPS Next 2Y27.68%
EPS Next 3Y24.1%
AMS:MT (9/18/2025, 7:00:00 PM)
29.62
+0.47 (+1.61%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners19.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap25.26B
Analysts78.46
Price Target32.06 (8.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
Yearly Dividend0.42
Dividend Growth(5Y)37.57%
DP16.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)17.19%
Min EPS beat(2)-11.77%
Max EPS beat(2)46.15%
EPS beat(4)2
Avg EPS beat(4)8.46%
Min EPS beat(4)-12.4%
Max EPS beat(4)46.15%
EPS beat(8)5
Avg EPS beat(8)22.72%
EPS beat(12)8
Avg EPS beat(12)48.87%
EPS beat(16)11
Avg EPS beat(16)39.37%
Revenue beat(2)0
Avg Revenue beat(2)-2.9%
Min Revenue beat(2)-5.69%
Max Revenue beat(2)-0.12%
Revenue beat(4)0
Avg Revenue beat(4)-3.31%
Min Revenue beat(4)-5.69%
Max Revenue beat(4)-0.12%
Revenue beat(8)0
Avg Revenue beat(8)-4.24%
Revenue beat(12)3
Avg Revenue beat(12)-1.09%
Revenue beat(16)5
Avg Revenue beat(16)-1.39%
PT rev (1m)-0.93%
PT rev (3m)-0.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-31.32%
EPS NY rev (1m)0.71%
EPS NY rev (3m)0.71%
Revenue NQ rev (1m)0.73%
Revenue NQ rev (3m)-1.15%
Revenue NY rev (1m)1.44%
Revenue NY rev (3m)2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.97 | ||
| Fwd PE | 7.31 | ||
| P/S | 0.49 | ||
| P/FCF | 34.17 | ||
| P/OCF | 6.09 | ||
| P/B | 0.55 | ||
| P/tB | 0.61 | ||
| EV/EBITDA | 6.07 |
EPS(TTM)2.97
EY10.03%
EPS(NY)4.05
Fwd EY13.67%
FCF(TTM)0.87
FCFY2.93%
OCF(TTM)4.87
OCFY16.43%
SpS60.07
BVpS53.87
TBVpS48.57
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.52% | ||
| ROE | 4.59% | ||
| ROCE | 4.4% | ||
| ROIC | 2.83% | ||
| ROICexc | 3.05% | ||
| ROICexgc | 3.3% | ||
| OM | 5.46% | ||
| PM (TTM) | 4.11% | ||
| GM | 10.09% | ||
| FCFM | 1.44% |
ROA(3y)4.11%
ROA(5y)5.59%
ROE(3y)7.31%
ROE(5y)10.09%
ROIC(3y)5.89%
ROIC(5y)6.85%
ROICexc(3y)6.67%
ROICexc(5y)7.53%
ROICexgc(3y)7.22%
ROICexgc(5y)8.13%
ROCE(3y)9.27%
ROCE(5y)10.79%
ROICexcg growth 3Y-39.58%
ROICexcg growth 5Y23.07%
ROICexc growth 3Y-39.61%
ROICexc growth 5Y23.43%
OM growth 3Y-35.65%
OM growth 5Y25.94%
PM growth 3Y-52.12%
PM growth 5YN/A
GM growth 3Y-26.65%
GM growth 5Y13.62%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 15.69 | ||
| Debt/EBITDA | 1.7 | ||
| Cap/Depr | 139.11% | ||
| Cap/Sales | 6.66% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.03% | ||
| Profit Quality | 35.07% | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | N/A |
F-Score6
WACC8.67%
ROIC/WACC0.33
Cap/Depr(3y)155.77%
Cap/Depr(5y)133.78%
Cap/Sales(3y)6.05%
Cap/Sales(5y)5.33%
Profit Quality(3y)145.24%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.76%
EPS 3Y-39.64%
EPS 5YN/A
EPS Q2Q%109.52%
EPS Next Y33.64%
EPS Next 2Y27.68%
EPS Next 3Y24.1%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.81%
Revenue growth 3Y-6.57%
Revenue growth 5Y-2.43%
Sales Q2Q%-1.99%
Revenue Next Year-0.97%
Revenue Next 2Y2.68%
Revenue Next 3Y2.9%
Revenue Next 5Y2.46%
EBIT growth 1Y-14.7%
EBIT growth 3Y-39.88%
EBIT growth 5Y22.88%
EBIT Next Year89.21%
EBIT Next 3Y30.64%
EBIT Next 5Y19.34%
FCF growth 1Y-79.97%
FCF growth 3Y-59.84%
FCF growth 5Y-28.87%
OCF growth 1Y-43.22%
OCF growth 3Y-21.18%
OCF growth 5Y-4.24%