ARCELORMITTAL (MT.AS) Stock Fundamental Analysis
Europe - AMS:MT - LU1598757687 - Common Stock
29.59 EUR
-0.11 (-0.37%)
MT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 38 industry peers in the Metals & Mining industry. There are concerns on the financial health of MT while its profitability can be described as average. MT has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year MT was profitable.
In the past year MT had a positive cash flow from operations.
Of the past 5 years MT 4 years were profitable.
MT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MT (2.52%) is comparable to the rest of the industry.
The Return On Equity of MT (4.59%) is comparable to the rest of the industry.
MT has a Return On Invested Capital (2.83%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MT is below the industry average of 8.12%.
| 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
Looking at the Profit Margin, with a value of 4.11%, MT is in line with its industry, outperforming 57.89% of the companies in the same industry.
MT's Profit Margin has declined in the last couple of years.
MT has a Operating Margin (5.46%) which is in line with its industry peers.
In the last couple of years the Operating Margin of MT has grown nicely.
The Gross Margin of MT (10.09%) is worse than 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MT is destroying value.
The number of shares outstanding for MT has been reduced compared to 1 year ago.
The number of shares outstanding for MT has been reduced compared to 5 years ago.
Compared to 1 year ago, MT has a worse debt to assets ratio.
2.2 Solvency
MT has a debt to FCF ratio of 15.69. This is a negative value and a sign of low solvency as MT would need 15.69 years to pay back of all of its debts.
MT has a Debt to FCF ratio of 15.69. This is in the lower half of the industry: MT underperforms 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 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 15.69 | ||
| Altman-Z | N/A |
ROIC/WACC0.34
WACC8.4%
2.3 Liquidity
MT has a Current Ratio of 1.40. This is a normal value and indicates that MT is financially healthy and should not expect problems in meeting 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 73.68% of its industry peers.
A Quick Ratio of 0.59 indicates that MT may have some problems paying its short term obligations.
MT has a worse Quick ratio (0.59) than 76.32% of its industry peers.
| 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%.
Measured over the past years, MT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -39.64% on average per year.
The Revenue has decreased by -4.81% in the past year.
The Revenue has been decreasing by -2.43% on average over the past years.
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
The Earnings Per Share is expected to grow by 24.10% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.46% on average over the next years.
EPS Next Y33.64%
EPS Next 2Y27.68%
EPS Next 3Y24.1%
EPS Next 5YN/A
Revenue Next Year-0.87%
Revenue Next 2Y2.58%
Revenue Next 3Y2.77%
Revenue Next 5Y2.46%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
MT is valuated reasonably with a Price/Earnings ratio of 9.86.
MT's Price/Earnings ratio is rather cheap when compared to the industry. MT is cheaper than 84.21% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, MT is valued rather cheaply.
A Price/Forward Earnings ratio of 7.21 indicates a rather cheap valuation of MT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MT indicates a rather cheap valuation: MT is cheaper than 86.84% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, MT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.86 | ||
| Fwd PE | 7.21 |
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 | 33.7 | ||
| EV/EBITDA | 6.1 |
4.3 Compensation for Growth
The 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)0.29
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 2.95, MT pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.45, 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 (9/12/2025, 7:00:00 PM)
29.59
-0.11 (-0.37%)
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 Cap25.23B
Analysts78.46
Price Target32.06 (8.35%)
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)-0.94%
PT rev (3m)-0.76%
EPS NQ rev (1m)-5.62%
EPS NQ rev (3m)-31.32%
EPS NY rev (1m)0.71%
EPS NY rev (3m)0.71%
Revenue NQ rev (1m)1.33%
Revenue NQ rev (3m)-1.87%
Revenue NY rev (1m)1.55%
Revenue NY rev (3m)2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.86 | ||
| Fwd PE | 7.21 | ||
| P/S | 0.49 | ||
| P/FCF | 33.7 | ||
| P/OCF | 6 | ||
| P/B | 0.54 | ||
| P/tB | 0.6 | ||
| EV/EBITDA | 6.1 |
EPS(TTM)3
EY10.14%
EPS(NY)4.1
Fwd EY13.86%
FCF(TTM)0.88
FCFY2.97%
OCF(TTM)4.93
OCFY16.66%
SpS60.85
BVpS54.57
TBVpS49.21
PEG (NY)0.29
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
WACC8.4%
ROIC/WACC0.34
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-0.87%
Revenue Next 2Y2.58%
Revenue Next 3Y2.77%
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%