ARCELORMITTAL (MT.AS) Stock Fundamental Analysis
Europe - AMS:MT - LU1598757687 - Common Stock
32.4 EUR
-0.62 (-1.88%)
Taking everything into account, MT scores 4 out of 10 in our fundamental rating. MT was compared to 40 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 is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
MT had positive earnings in the past year.
In the past year MT had a positive cash flow from operations.
MT had positive earnings in 4 of the past 5 years.
Each year in the past 5 years MT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.52%, MT is in line with its industry, outperforming 47.50% of the companies in the same industry.
MT has a Return On Equity (4.59%) which is in line with its industry peers.
The Return On Invested Capital of MT (2.83%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for MT is in line with the industry average of 7.80%.
| 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
MT has a Profit Margin (4.11%) which is in line with its industry peers.
In the last couple of years the Profit Margin of MT has declined.
MT's Operating Margin of 5.46% is in line compared to the rest of the industry. MT outperforms 42.50% of its industry peers.
MT's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 10.09%, MT is doing worse than 77.50% of the companies in the same industry.
In the last couple of years the Gross Margin of MT has grown nicely.
| 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
MT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
MT has a debt to FCF ratio of 15.69. This is a negative value and a sign of low solvency as MT would need 15.69 years to pay back of all of its debts.
MT has a worse Debt to FCF ratio (15.69) than 60.00% 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.
With a Debt to Equity ratio value of 0.19, MT perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 15.69 | ||
| Altman-Z | N/A |
ROIC/WACC0.35
WACC8.05%
2.3 Liquidity
A Current Ratio of 1.40 indicates that MT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.40, MT is not doing good in the industry: 77.50% of the companies in the same industry are doing better.
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 80.00% 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.
MT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -39.64% yearly.
MT shows a decrease in Revenue. In the last year, the revenue decreased by -4.81%.
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
Based on estimates for the next years, MT will show a very strong growth in Earnings Per Share. The EPS will grow by 23.98% on average per year.
MT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.46% yearly.
EPS Next Y33.67%
EPS Next 2Y27.82%
EPS Next 3Y23.98%
EPS Next 5YN/A
Revenue Next Year-0.89%
Revenue Next 2Y2.79%
Revenue Next 3Y2.91%
Revenue Next 5Y2.46%
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.
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
Based on the Price/Earnings ratio of 10.62, the valuation of MT can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of MT indicates a rather cheap valuation: MT is cheaper than 82.50% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.03. MT is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.77, which indicates a rather cheap valuation of MT.
Based on the Price/Forward Earnings ratio, MT is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.27, MT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 7.77 |
4.2 Price Multiples
72.50% of the companies in the same industry are more expensive than MT, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as MT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.36 | ||
| EV/EBITDA | 6.55 |
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 23.98% in the coming years.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y27.82%
EPS Next 3Y23.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.42%, MT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.61, MT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, MT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
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
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 2Y27.82%
EPS Next 3Y23.98%
AMS:MT (11/4/2025, 7:00:00 PM)
32.4
-0.62 (-1.88%)
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 Cap27.63B
Revenue(TTM)60.63B
Net Income(TTM)2.50B
Analysts78.46
Price Target34.17 (5.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend0.42
Dividend Growth(5Y)37.57%
DP16.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)6.6%
PT rev (3m)5.6%
EPS NQ rev (1m)-6.46%
EPS NQ rev (3m)-10.57%
EPS NY rev (1m)0%
EPS NY rev (3m)0.73%
Revenue NQ rev (1m)-1.46%
Revenue NQ rev (3m)1.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 7.77 | ||
| P/S | 0.52 | ||
| P/FCF | 36.36 | ||
| P/OCF | 6.48 | ||
| P/B | 0.59 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 6.55 |
EPS(TTM)3.05
EY9.41%
EPS(NY)4.17
Fwd EY12.88%
FCF(TTM)0.89
FCFY2.75%
OCF(TTM)5
OCFY15.44%
SpS61.75
BVpS55.38
TBVpS49.94
PEG (NY)0.32
PEG (5Y)N/A
Graham Number61.65
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%
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 Turnover0.61
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
WACC8.05%
ROIC/WACC0.35
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 Y33.67%
EPS Next 2Y27.82%
EPS Next 3Y23.98%
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-0.89%
Revenue Next 2Y2.79%
Revenue Next 3Y2.91%
Revenue Next 5Y2.46%
EBIT growth 1Y-14.7%
EBIT growth 3Y-39.88%
EBIT growth 5Y22.88%
EBIT Next Year76.02%
EBIT Next 3Y30.49%
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%
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 2 / 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 33.67% in the next year.