ARCELORMITTAL (MT.AS) Stock Fundamental Analysis
Europe - AMS:MT - LU1598757687 - Common Stock
34.34 EUR
-0.39 (-1.12%)
Taking everything into account, MT scores 4 out of 10 in our fundamental rating. MT was compared to 39 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 quite cheap, 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.
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
The Return On Assets of MT (2.62%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 4.73%, MT is in line with its industry, outperforming 48.65% of the companies in the same industry.
MT has a Return On Invested Capital (2.71%) 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 7.93%.
| 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 (4.23%) which is comparable to the rest of the industry.
MT's Profit Margin has declined in the last couple of years.
MT has a Operating Margin of 5.21%. This is comparable to the rest of the industry: MT outperforms 43.24% of its industry peers.
In the last couple of years the Operating Margin of MT has grown nicely.
With a Gross Margin value of 10.02%, MT is not doing good in the industry: 75.68% of the companies in the same industry are doing better.
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.
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.
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 (323.22) which is comparable to the rest of the industry.
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 (0.19) which 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/WACC0.33
WACC8.21%
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 81.08% 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.
Looking at the Quick ratio, with a value of 0.58, MT is doing worse than 81.08% of the companies in the same industry.
| 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.
The Revenue has decreased by -1.90% in the past 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
Based on estimates for the next years, MT will show a very strong growth in Earnings Per Share. The EPS will grow by 23.37% on average per year.
Based on estimates for the next years, MT will show a small growth in Revenue. The Revenue will grow by 2.45% on average per year.
EPS Next Y28.22%
EPS Next 2Y27.81%
EPS Next 3Y23.37%
EPS Next 5YN/A
Revenue Next Year-1.77%
Revenue Next 2Y2.6%
Revenue Next 3Y2.6%
Revenue Next 5Y2.45%
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 11.45.
Compared to the rest of the industry, the Price/Earnings ratio of MT indicates a rather cheap valuation: MT is cheaper than 83.78% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, MT is valued rather cheaply.
MT is valuated reasonably with a Price/Forward Earnings ratio of 8.33.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MT indicates a rather cheap valuation: MT is cheaper than 89.19% 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 (34.59), we can say MT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 8.33 |
4.2 Price Multiples
MT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MT is cheaper than 62.16% of the companies in the same industry.
MT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 741.56 | ||
| EV/EBITDA | 7.05 |
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.
MT's earnings are expected to grow with 23.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.41
PEG (5Y)N/A
EPS Next 2Y27.81%
EPS Next 3Y23.37%
5. Dividend
5.1 Amount
MT has a Yearly Dividend Yield of 1.17%. Purely for dividend investing, there may be better candidates out there.
MT's Dividend Yield is comparable with the industry average which is at 2.56.
Compared to an average S&P500 Dividend Yield of 2.44, MT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
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 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 2Y27.81%
EPS Next 3Y23.37%
AMS:MT (11/14/2025, 7:00:00 PM)
34.34
-0.39 (-1.12%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners21.67%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap29.29B
Revenue(TTM)61.09B
Net Income(TTM)2.58B
Analysts77.69
Price Target34.17 (-0.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
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)-14.84%
Min EPS beat(2)-17.92%
Max EPS beat(2)-11.77%
EPS beat(4)1
Avg EPS beat(4)1.02%
Min EPS beat(4)-17.92%
Max EPS beat(4)46.15%
EPS beat(8)4
Avg EPS beat(8)20.21%
EPS beat(12)8
Avg EPS beat(12)49.48%
EPS beat(16)11
Avg EPS beat(16)38.33%
Revenue beat(2)0
Avg Revenue beat(2)-1.19%
Min Revenue beat(2)-2.25%
Max Revenue beat(2)-0.12%
Revenue beat(4)0
Avg Revenue beat(4)-3.34%
Min Revenue beat(4)-5.69%
Max Revenue beat(4)-0.12%
Revenue beat(8)0
Avg Revenue beat(8)-3.94%
Revenue beat(12)2
Avg Revenue beat(12)-1.9%
Revenue beat(16)5
Avg Revenue beat(16)-0.84%
PT rev (1m)6.07%
PT rev (3m)5.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-21.88%
EPS NY rev (1m)-4.08%
EPS NY rev (3m)-3.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.4%
Revenue NY rev (1m)-0.89%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 8.33 | ||
| P/S | 0.56 | ||
| P/FCF | 741.56 | ||
| P/OCF | 7.99 | ||
| P/B | 0.62 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 7.05 |
EPS(TTM)3
EY8.74%
EPS(NY)4.12
Fwd EY12.01%
FCF(TTM)0.05
FCFY0.13%
OCF(TTM)4.3
OCFY12.51%
SpS61.5
BVpS54.97
TBVpS49.8
PEG (NY)0.41
PEG (5Y)N/A
Graham Number60.91
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
WACC8.21%
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)-2.78%
EPS 3Y-39.64%
EPS 5YN/A
EPS Q2Q%-1.59%
EPS Next Y28.22%
EPS Next 2Y27.81%
EPS Next 3Y23.37%
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-1.77%
Revenue Next 2Y2.6%
Revenue Next 3Y2.6%
Revenue Next 5Y2.45%
EBIT growth 1Y-7.9%
EBIT growth 3Y-39.88%
EBIT growth 5Y22.88%
EBIT Next Year76.02%
EBIT Next 3Y30.49%
EBIT Next 5Y18.78%
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.
Can you provide the valuation status for ARCELORMITTAL?
ChartMill assigns a valuation rating of 7 / 10 to ARCELORMITTAL (MT.AS). This can be considered as Undervalued.
How profitable is ARCELORMITTAL (MT.AS) stock?
ARCELORMITTAL (MT.AS) has a profitability rating of 4 / 10.
How financially healthy is ARCELORMITTAL?
The financial health rating of ARCELORMITTAL (MT.AS) is 3 / 10.
What is the expected EPS growth for ARCELORMITTAL (MT.AS) stock?
The Earnings per Share (EPS) of ARCELORMITTAL (MT.AS) is expected to grow by 28.22% in the next year.