ARCELORMITTAL (MT.AS) Stock Fundamental Analysis
Europe - AMS:MT - LU1598757687 - Common Stock
32.82 EUR
-0.22 (-0.67%)
We assign a fundamental rating of 4 out of 10 to MT. MT was compared to 43 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 bad growth rate and is valued cheaply.
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.
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
MT's Return On Assets of 2.52% is in line compared to the rest of the industry. MT outperforms 46.51% of its industry peers.
The Return On Equity of MT (4.59%) is comparable to the rest of the industry.
MT's Return On Invested Capital of 2.83% is in line compared to the rest of the industry. MT outperforms 44.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MT is in line with the industry average of 7.70%.
| 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's Profit Margin of 4.11% is in line compared to the rest of the industry. MT outperforms 53.49% of its industry peers.
MT's Profit Margin has declined in the last couple of years.
MT has a Operating Margin (5.46%) which is comparable to the rest of the industry.
MT's Operating Margin has improved in the last couple of years.
MT has a Gross Margin of 10.09%. This is in the lower half of the industry: MT underperforms 76.74% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MT is destroying value.
MT has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MT has less shares outstanding
The debt/assets ratio for MT is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of MT is 15.69, which is on the high side as it means it would take MT, 15.69 years of fcf income to pay off all of its debts.
MT's Debt to FCF ratio of 15.69 is in line compared to the rest of the industry. MT outperforms 44.19% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that MT is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.19, MT is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 15.69 | ||
| Altman-Z | N/A |
ROIC/WACC0.34
WACC8.33%
2.3 Liquidity
MT has a Current Ratio of 1.40. This is a normal value and indicates that MT is financially healthy and should not expect problems in meeting its short term obligations.
MT has a worse Current ratio (1.40) than 79.07% of its industry peers.
A Quick Ratio of 0.59 indicates that MT may have some problems paying its short term obligations.
The Quick ratio of MT (0.59) is worse than 79.07% 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.
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 -4.81% in the past year.
The Revenue has been decreasing by -2.43% on average over the past years.
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
The Earnings Per Share is expected to grow by 23.98% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.46% on average over the next years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
MT is valuated reasonably with a Price/Earnings ratio of 10.90.
Based on the Price/Earnings ratio, MT is valued cheaper than 83.72% of the companies in the same industry.
When comparing the Price/Earnings ratio of MT to the average of the S&P500 Index (27.40), we can say MT is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.96, the valuation of MT can be described as very cheap.
MT's Price/Forward Earnings ratio is rather cheap when compared to the industry. MT is cheaper than 88.37% of the companies 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 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | 7.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MT is valued a bit cheaper than 72.09% of the companies in the same industry.
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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.26 | ||
| EV/EBITDA | 6.61 |
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
MT has a Yearly Dividend Yield of 1.43%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.81, 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 | 1.43% |
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
16.15% 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.
DP16.15%
EPS Next 2Y27.82%
EPS Next 3Y23.98%
AMS:MT (10/17/2025, 7:00:00 PM)
32.82
-0.22 (-0.67%)
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 Cap27.99B
Analysts78.46
Price Target32.22 (-1.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
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)0.5%
PT rev (3m)0.12%
EPS NQ rev (1m)1.55%
EPS NQ rev (3m)-24.67%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.73%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)5.07%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)2.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | 7.96 | ||
| P/S | 0.54 | ||
| P/FCF | 37.26 | ||
| P/OCF | 6.64 | ||
| P/B | 0.6 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | 6.61 |
EPS(TTM)3.01
EY9.17%
EPS(NY)4.12
Fwd EY12.56%
FCF(TTM)0.88
FCFY2.68%
OCF(TTM)4.94
OCFY15.07%
SpS61.03
BVpS54.74
TBVpS49.36
PEG (NY)0.32
PEG (5Y)N/A
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%
ROICexcg growth 3Y-39.58%
ROICexcg 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
WACC8.33%
ROIC/WACC0.34
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%