ARCELORMITTAL (MT.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:MT - LU1598757687 - Common Stock
39.86 EUR
+0.77 (+1.97%)
We assign a fundamental rating of 4 out of 10 to MT. MT was compared to 40 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 valued correctly, but it does not seem to be growing.
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.
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 (2.62%) is comparable to the rest of the industry.
MT has a worse Return On Equity (4.73%) than 60.00% of its industry peers.
With a Return On Invested Capital value of 2.71%, MT is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for MT is in line with the industry average of 7.31%.
| 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's Profit Margin of 4.23% is in line compared 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's Operating Margin of 5.21% is in line compared to the rest of the industry. MT outperforms 42.50% of its industry peers.
In the last couple of years the Operating Margin of MT has grown nicely.
MT's Gross Margin of 10.02% is on the low side compared to the rest of the industry. MT is outperformed by 85.00% of its industry peers.
MT's Gross Margin has improved in the last couple of years.
| 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
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
The number of shares outstanding for MT has been reduced compared to 5 years ago.
The debt/assets ratio for MT is higher compared to a year ago.
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.
Looking at the Debt to FCF ratio, with a value of 323.22, MT is doing worse than 65.00% of the companies in the same industry.
A Debt/Equity ratio of 0.19 indicates that MT is not too dependend on debt financing.
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/WACC0.32
WACC8.55%
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 82.50% 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.
The Quick ratio of MT (0.58) is worse than 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The earnings per share for MT have decreased by -2.78% in the last year.
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.
Looking at the last year, MT shows a decrease in Revenue. The Revenue has decreased by -1.90% 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)-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
MT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.00% yearly.
MT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.09% yearly.
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
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 correctly with a Price/Earnings ratio of 13.38.
Based on the Price/Earnings ratio, MT is valued cheaply inside the industry as 82.50% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MT to the average of the S&P500 Index (26.51), we can say MT is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 9.38, 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 87.50% of the companies listed in the same industry.
MT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 9.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MT is valued a bit cheaper than 72.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MT is valued a bit more expensive than the industry average as 65.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 789.08 | ||
| EV/EBITDA | 7.29 |
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)0.59
PEG (5Y)N/A
EPS Next 2Y30.34%
EPS Next 3Y25%
5. Dividend
5.1 Amount
MT has a Yearly Dividend Yield of 1.15%.
Compared to an average industry Dividend Yield of 1.95, MT has a dividend in line with its industry peers.
With a Dividend Yield of 1.15, MT pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
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
15.59% of the earnings are spent on dividend by MT. This is a low number and sustainable payout ratio.
The dividend of MT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP15.59%
EPS Next 2Y30.34%
EPS Next 3Y25%
AMS:MT (1/2/2026, 5:36:15 PM)
39.86
+0.77 (+1.97%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners24.06%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap30.89B
Revenue(TTM)61.09B
Net Income(TTM)2.58B
Analysts77.69
Price Target36.8 (-7.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
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)3.6%
PT rev (3m)14.79%
EPS NQ rev (1m)-5.71%
EPS NQ rev (3m)-27.68%
EPS NY rev (1m)-4.46%
EPS NY rev (3m)-8.35%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-2.09%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 9.38 | ||
| P/S | 0.59 | ||
| P/FCF | 789.08 | ||
| P/OCF | 8.5 | ||
| P/B | 0.66 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 7.29 |
EPS(TTM)2.98
EY7.48%
EPS(NY)4.25
Fwd EY10.66%
FCF(TTM)0.05
FCFY0.13%
OCF(TTM)4.69
OCFY11.76%
SpS67.09
BVpS59.96
TBVpS54.32
PEG (NY)0.59
PEG (5Y)N/A
Graham Number63.41
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
WACC8.55%
ROIC/WACC0.32
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 13.38 and the Price/Book (PB) ratio is 0.66.
Is the dividend of ARCELORMITTAL sustainable?
The dividend rating of ARCELORMITTAL (MT.AS) is 4 / 10 and the dividend payout ratio is 15.59%.