ARCELORMITTAL (MT.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:MT - LU1598757687 - Common Stock
41.15 EUR
+0.77 (+1.91%)
Overall MT gets a fundamental rating of 4 out of 10. We evaluated MT against 42 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 valuation in line with the averages, but on the other hand it scores bad on growth.
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
MT has a Return On Assets (2.62%) which is comparable to the rest of the industry.
MT has a Return On Equity (4.73%) which is comparable to the rest of the industry.
MT has a Return On Invested Capital (2.71%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for MT is in line with the industry average of 7.48%.
| Industry Rank | Sector 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%
1.3 Margins
MT has a Profit Margin of 4.23%. This is comparable to the rest of the industry: MT outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of MT has declined.
MT has a Operating Margin (5.21%) which is in line with its industry peers.
MT's Operating Margin has improved in the last couple of years.
MT has a worse Gross Margin (10.02%) than 85.71% of its industry peers.
In the last couple of years the Gross Margin of MT has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MT is destroying value.
Compared to 1 year ago, MT has less shares outstanding
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 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.
MT has a Debt to FCF ratio of 323.22. This is comparable to the rest of the industry: MT outperforms 40.48% 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.
The Debt to Equity ratio of MT (0.19) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 323.22 | ||
| Altman-Z | N/A |
ROIC/WACC0.31
WACC8.77%
2.3 Liquidity
A Current Ratio of 1.39 indicates that MT should not have too much problems paying its short term obligations.
The Current ratio of MT (1.39) is worse than 83.33% of its industry peers.
MT has a Quick Ratio of 1.39. This is a bad value and indicates that MT is not financially healthy enough and could expect problems in meeting 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
MT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.78%.
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 -1.90%.
The Revenue has been decreasing by -2.43% on average over the past years.
EPS 1Y (TTM)-2.78%
EPS 3Y-39.64%
EPS 5YN/A
EPS Q2Q%-1.59%
Revenue 1Y (TTM)-1.9%
Revenue growth 3Y-6.57%
Revenue growth 5Y-2.43%
Sales Q2Q%3.03%
3.2 Future
The Earnings Per Share is expected to grow by 25.00% on average over the next years. This is a very strong growth
Based on estimates for the next years, MT will show a small growth in Revenue. The Revenue will grow by 2.09% on average per year.
EPS Next Y22.51%
EPS Next 2Y30.34%
EPS Next 3Y25%
EPS Next 5YN/A
Revenue Next Year-1.71%
Revenue Next 2Y2.99%
Revenue Next 3Y2.89%
Revenue Next 5Y2.09%
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
MT is valuated correctly with a Price/Earnings ratio of 13.67.
MT's Price/Earnings ratio is rather cheap when compared to the industry. MT is cheaper than 80.95% of the companies in the same industry.
MT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.19.
Based on the Price/Forward Earnings ratio of 9.59, the valuation of MT can be described as reasonable.
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.
When comparing the Price/Forward Earnings ratio of MT to the average of the S&P500 Index (23.92), we can say MT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 9.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MT is valued a bit cheaper than the industry average as 73.81% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as MT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 807.13 | ||
| EV/EBITDA | 7.43 |
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.
MT's earnings are expected to grow with 25.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)N/A
EPS Next 2Y30.34%
EPS Next 3Y25%
5. Dividend
5.1 Amount
MT has a Yearly Dividend Yield of 1.10%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.66, MT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, MT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
5.2 History
The dividend of MT is nicely growing with an annual growth rate of 37.57%!
Dividend Growth(5Y)37.57%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
15.59% of the earnings are spent on dividend by MT. This is a low number and sustainable payout ratio.
MT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP15.59%
EPS Next 2Y30.34%
EPS Next 3Y25%
AMS:MT (1/12/2026, 5:36:15 PM)
41.15
+0.77 (+1.91%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners24.15%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap31.89B
Revenue(TTM)61.09B
Net Income(TTM)2.58B
Analysts77.69
Price Target36.8 (-10.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
Yearly Dividend0.42
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)0%
PT rev (3m)14.22%
EPS NQ rev (1m)-3.56%
EPS NQ rev (3m)-25.56%
EPS NY rev (1m)0.64%
EPS NY rev (3m)-8.35%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-2.42%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 9.59 | ||
| P/S | 0.61 | ||
| P/FCF | 807.13 | ||
| P/OCF | 8.7 | ||
| P/B | 0.68 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 7.43 |
EPS(TTM)3.01
EY7.31%
EPS(NY)4.29
Fwd EY10.43%
FCF(TTM)0.05
FCFY0.12%
OCF(TTM)4.73
OCFY11.5%
SpS67.71
BVpS60.52
TBVpS54.83
PEG (NY)0.61
PEG (5Y)N/A
Graham Number64.02
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC8.77%
ROIC/WACC0.31
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)-2.78%
EPS 3Y-39.64%
EPS 5YN/A
EPS Q2Q%-1.59%
EPS Next Y22.51%
EPS Next 2Y30.34%
EPS Next 3Y25%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.9%
Revenue growth 3Y-6.57%
Revenue growth 5Y-2.43%
Sales Q2Q%3.03%
Revenue Next Year-1.71%
Revenue Next 2Y2.99%
Revenue Next 3Y2.89%
Revenue Next 5Y2.09%
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 13.67 and the Price/Book (PB) ratio is 0.68.
Is the dividend of ARCELORMITTAL sustainable?
The dividend rating of ARCELORMITTAL (MT.AS) is 4 / 10 and the dividend payout ratio is 15.59%.