ARCELORMITTAL-NY REGISTERED (MT) Stock Fundamental Analysis
NYSE:MT - US03938L2034
33.36 USD
+0.21 (+0.63%)
32.16 USD
-1.2 (-3.6%)
MT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. While MT is still in line with the averages on profitability rating, there are concerns on its financial health. MT has a bad growth rate and is valued cheaply.
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.
MT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.52%, MT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
Looking at the Return On Equity, with a value of 4.59%, MT is in the better half of the industry, outperforming 67.31% of the companies in the same industry.
MT has a Return On Invested Capital of 2.83%. This is comparable to the rest of the industry: MT outperforms 57.69% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MT is significantly below the industry average of 13.00%.
| 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 the better half of the industry, outperforming 69.23% of the companies in the same industry.
MT's Profit Margin has declined in the last couple of years.
MT has a Operating Margin of 5.46%. This is comparable to the rest of the industry: MT outperforms 57.69% of its industry peers.
MT's Operating Margin has improved in the last couple of years.
MT has a Gross Margin of 10.09%. This is comparable to the rest of the industry: MT outperforms 42.95% of its industry peers.
MT's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for MT has been reduced compared to 1 year ago.
MT has less shares outstanding than it did 5 years ago.
MT has a worse debt/assets ratio than last year.
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 has a Debt to FCF ratio of 15.69. This is comparable to the rest of the industry: MT outperforms 59.62% 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.
MT has a Debt to Equity ratio of 0.19. This is comparable to the rest of the industry: MT outperforms 49.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 15.69 | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC8.46%
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 72.44% 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 85.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The earnings per share for MT have decreased strongly by -13.76% in the last year.
The earnings per share for MT have been decreasing by -39.64% on average. This is quite bad
Looking at the last year, MT shows a decrease in Revenue. The Revenue has decreased by -4.81% in the last year.
MT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.43% yearly.
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.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.50, which indicates a very decent valuation of MT.
Based on the Price/Earnings ratio, MT is valued cheaply inside the industry as 95.51% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.13, MT is valued rather cheaply.
The Price/Forward Earnings ratio is 6.96, which indicates a rather cheap valuation of MT.
Based on the Price/Forward Earnings ratio, MT is valued cheaply inside the industry as 93.59% of the companies are valued more expensively.
MT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.5 | ||
| Fwd PE | 6.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MT is valued cheaper than 89.10% of the companies in the same industry.
73.08% of the companies in the same industry are more expensive than MT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.51 | ||
| EV/EBITDA | 5.91 |
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)0.28
PEG (5Y)N/A
EPS Next 2Y27.68%
EPS Next 3Y24.1%
5. Dividend
5.1 Amount
MT has a Yearly Dividend Yield of 1.65%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.67, MT pays a better dividend. On top of this MT pays more dividend than 80.77% of the companies listed in the same industry.
MT's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
On average, the dividend of MT grows each year by 37.57%, which is quite nice.
MT has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of MT decreased recently.
Dividend Growth(5Y)37.57%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
MT pays out 16.15% of its income as dividend. This is a sustainable payout ratio.
MT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP16.15%
EPS Next 2Y27.68%
EPS Next 3Y24.1%
33.36
+0.21 (+0.63%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners19.71%
Inst Owner Change-7.5%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap28.45B
Analysts78.46
Price Target37.13 (11.3%)
Short Float %0.63%
Short Ratio1.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Yearly Dividend0.49
Dividend Growth(5Y)37.57%
DP16.15%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)-0.22%
PT rev (3m)1.99%
EPS NQ rev (1m)-5.85%
EPS NQ rev (3m)-31.32%
EPS NY rev (1m)0.71%
EPS NY rev (3m)0.71%
Revenue NQ rev (1m)1.92%
Revenue NQ rev (3m)-1.87%
Revenue NY rev (1m)1.55%
Revenue NY rev (3m)2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.5 | ||
| Fwd PE | 6.96 | ||
| P/S | 0.47 | ||
| P/FCF | 32.51 | ||
| P/OCF | 5.79 | ||
| P/B | 0.52 | ||
| P/tB | 0.58 | ||
| EV/EBITDA | 5.91 |
EPS(TTM)3.51
EY10.52%
EPS(NY)4.79
Fwd EY14.37%
FCF(TTM)1.03
FCFY3.08%
OCF(TTM)5.76
OCFY17.27%
SpS71.1
BVpS63.76
TBVpS57.5
PEG (NY)0.28
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
WACC8.46%
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-0.87%
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%