ARCELORMITTAL (MT.AS) Stock Fundamental Analysis

AMS:MT • LU1598757687

52.14 EUR
-0.34 (-0.65%)
Last: Feb 13, 2026, 05:36 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Taking everything into account, MT scores 4 out of 10 in our fundamental rating. MT was compared to 42 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 is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

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 4 of the past 5 years.
MT.AS Yearly Net Income VS EBIT VS OCF VS FCFMT.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

1.2 Ratios

  • MT has a Return On Assets of 2.62%. This is comparable to the rest of the industry: MT outperforms 50.00% of its industry peers.
  • With a Return On Equity value of 4.73%, MT perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 2.71%, MT is in line with its industry, outperforming 42.86% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for MT is in line with the industry average of 7.74%.
Industry RankSector Rank
ROA 2.62%
ROE 4.73%
ROIC 2.71%
ROA(3y)4.11%
ROA(5y)5.59%
ROE(3y)7.31%
ROE(5y)10.09%
ROIC(3y)5.89%
ROIC(5y)6.85%
MT.AS Yearly ROA, ROE, ROICMT.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • MT has a Profit Margin of 4.23%. This is comparable to the rest of the industry: MT outperforms 52.38% of its industry peers.
  • In the last couple of years the Profit Margin of MT has declined.
  • The Operating Margin of MT (5.21%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of MT has grown nicely.
  • Looking at the Gross Margin, with a value of 10.02%, MT is doing worse than 78.57% of the companies in the same industry.
  • In the last couple of years the Gross Margin of MT has grown nicely.
Industry RankSector Rank
OM 5.21%
PM (TTM) 4.23%
GM 10.02%
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%
MT.AS Yearly Profit, Operating, Gross MarginsMT.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • MT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • MT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
MT.AS Yearly Shares OutstandingMT.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
MT.AS Yearly Total Debt VS Total AssetsMT.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B

2.2 Solvency

  • MT has a debt to FCF ratio of 323.22. This is a negative value and a sign of low solvency as MT would need 323.22 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 323.22, MT perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
  • A Debt/Equity ratio of 0.19 indicates that MT is not too dependend on debt financing.
  • MT has a Debt to Equity ratio (0.19) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF 323.22
Altman-Z N/A
ROIC/WACC0.3
WACC9.15%
MT.AS Yearly LT Debt VS Equity VS FCFMT.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.3 Liquidity

  • MT has a Current Ratio of 1.39. 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 1.39 is on the low side compared to the rest of the industry. MT is outperformed by 83.33% of its industry peers.
  • A Quick Ratio of 0.58 indicates that MT may have some problems paying its short term obligations.
  • MT has a Quick ratio of 0.58. This is amonst the worse of the industry: MT underperforms 85.71% of its industry peers.
Industry RankSector Rank
Current Ratio 1.39
Quick Ratio 0.58
MT.AS Yearly Current Assets VS Current LiabilitesMT.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 30.61% over the past year.
  • MT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -29.57% yearly.
EPS 1Y (TTM)30.61%
EPS 3Y-29.57%
EPS 5YN/A
EPS Q2Q%65.38%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.75%

3.2 Future

  • The Earnings Per Share is expected to grow by 26.02% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 2.60% on average over the next years.
EPS Next Y31.47%
EPS Next 2Y26.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.9%
Revenue Next 2Y5.26%
Revenue Next 3Y3.76%
Revenue Next 5Y2.6%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
MT.AS Yearly Revenue VS EstimatesMT.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B 80B
MT.AS Yearly EPS VS EstimatesMT.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 5 10

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 16.14, which indicates a correct valuation of MT.
  • Based on the Price/Earnings ratio, MT is valued cheaper than 83.33% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, MT is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 12.26, MT is valued correctly.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MT indicates a rather cheap valuation: MT is cheaper than 90.48% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.69, MT is valued rather cheaply.
Industry RankSector Rank
PE 16.14
Fwd PE 12.26
MT.AS Price Earnings VS Forward Price EarningsMT.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MT is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MT is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 1043.07
EV/EBITDA 9.36
MT.AS Per share dataMT.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

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 26.02% in the coming years.
PEG (NY)0.51
PEG (5Y)N/A
EPS Next 2Y26.02%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • MT has a Yearly Dividend Yield of 1.04%. Purely for dividend investing, there may be better candidates out there.
  • MT's Dividend Yield is a higher than the industry average which is at 1.66.
  • Compared to an average S&P500 Dividend Yield of 1.80, MT's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.04%

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
MT.AS Yearly Dividends per shareMT.AS Yearly Dividends per shareYearly Dividends per share 2021 2024 0.05 0.1 0.15 0.2

5.3 Sustainability

  • MT pays out 15.59% 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.
DP15.59%
EPS Next 2Y26.02%
EPS Next 3YN/A
MT.AS Yearly Income VS Free CF VS DividendMT.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B
MT.AS Dividend Payout.MT.AS Dividend Payout, showing the Payout Ratio.MT.AS Dividend Payout.PayoutRetained Earnings

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ARCELORMITTAL

AMS:MT (2/13/2026, 5:36:15 PM)

52.14

-0.34 (-0.65%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-05
Earnings (Next)04-30
Inst Owners24.15%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap40.41B
Revenue(TTM)N/A
Net Income(TTM)2.58B
Analysts77.69
Price Target43.32 (-16.92%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.04%
Yearly Dividend0.41
Dividend Growth(5Y)37.57%
DP15.59%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.29%
Min EPS beat(2)-14.82%
Max EPS beat(2)-11.77%
EPS beat(4)1
Avg EPS beat(4)1.79%
Min EPS beat(4)-14.82%
Max EPS beat(4)46.15%
EPS beat(8)4
Avg EPS beat(8)20.6%
EPS beat(12)8
Avg EPS beat(12)49.74%
EPS beat(16)11
Avg EPS beat(16)38.52%
Revenue beat(2)0
Avg Revenue beat(2)-1.04%
Min Revenue beat(2)-1.96%
Max Revenue beat(2)-0.12%
Revenue beat(4)0
Avg Revenue beat(4)-3.27%
Min Revenue beat(4)-5.69%
Max Revenue beat(4)-0.12%
Revenue beat(8)0
Avg Revenue beat(8)-3.91%
Revenue beat(12)2
Avg Revenue beat(12)-1.88%
Revenue beat(16)5
Avg Revenue beat(16)-0.82%
PT rev (1m)17.72%
PT rev (3m)26.77%
EPS NQ rev (1m)-19.06%
EPS NQ rev (3m)-25.06%
EPS NY rev (1m)2.71%
EPS NY rev (3m)-1.87%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)-0.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.07%
Valuation
Industry RankSector Rank
PE 16.14
Fwd PE 12.26
P/S 0.79
P/FCF 1043.07
P/OCF 11.24
P/B 0.88
P/tB 0.97
EV/EBITDA 9.36
EPS(TTM)3.23
EY6.19%
EPS(NY)4.25
Fwd EY8.15%
FCF(TTM)0.05
FCFY0.1%
OCF(TTM)4.64
OCFY8.9%
SpS66.39
BVpS59.34
TBVpS53.76
PEG (NY)0.51
PEG (5Y)N/A
Graham Number65.67
Profitability
Industry RankSector Rank
ROA 2.62%
ROE 4.73%
ROCE 4.23%
ROIC 2.71%
ROICexc 2.94%
ROICexgc 3.17%
OM 5.21%
PM (TTM) 4.23%
GM 10.02%
FCFM 0.08%
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%
ROICexgc growth 3Y-39.58%
ROICexgc 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 Turnover0.62
Health
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF 323.22
Debt/EBITDA 1.71
Cap/Depr 142.86%
Cap/Sales 6.91%
Interest Coverage 250
Cash Conversion 69.56%
Profit Quality 1.78%
Current Ratio 1.39
Quick Ratio 0.58
Altman-Z N/A
F-Score6
WACC9.15%
ROIC/WACC0.3
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)30.61%
EPS 3Y-29.57%
EPS 5YN/A
EPS Q2Q%65.38%
EPS Next Y31.47%
EPS Next 2Y26.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.75%
Revenue Next Year7.9%
Revenue Next 2Y5.26%
Revenue Next 3Y3.76%
Revenue Next 5Y2.6%
EBIT growth 1Y-7.9%
EBIT growth 3Y-39.88%
EBIT growth 5Y22.88%
EBIT Next Year69.53%
EBIT Next 3Y32.11%
EBIT Next 5Y19.8%
FCF growth 1Y-98.6%
FCF growth 3Y-59.84%
FCF growth 5Y-28.87%
OCF growth 1Y-46.31%
OCF growth 3Y-21.18%
OCF growth 5Y-4.24%

ARCELORMITTAL / MT.AS FAQ

What is the fundamental rating for MT stock?

ChartMill assigns a fundamental rating of 4 / 10 to MT.AS.


What is the valuation status for MT stock?

ChartMill assigns a valuation rating of 6 / 10 to ARCELORMITTAL (MT.AS). This can be considered as Fairly Valued.


How profitable is ARCELORMITTAL (MT.AS) stock?

ARCELORMITTAL (MT.AS) has a profitability rating of 4 / 10.


What are the PE and PB ratios of ARCELORMITTAL (MT.AS) stock?

The Price/Earnings (PE) ratio for ARCELORMITTAL (MT.AS) is 16.14 and the Price/Book (PB) ratio is 0.88.


Is the dividend of ARCELORMITTAL sustainable?

The dividend rating of ARCELORMITTAL (MT.AS) is 4 / 10 and the dividend payout ratio is 15.59%.