ARCELORMITTAL-NY REGISTERED (MT) Stock Fundamental Analysis
NYSE:MT - New York Stock Exchange, Inc. - US03938L2034
We assign a fundamental rating of 4 out of 10 to MT. MT was compared to 154 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
In the past year MT was profitable.
MT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MT reported negative net income in multiple years.
Each year in the past 5 years MT had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -1.33%, MT perfoms like the industry average, outperforming 50.34% of the companies in the same industry.
MT has a Return On Equity of -2.32%. This is comparable to the rest of the industry: MT outperforms 49.66% of its industry peers.
MT's Return On Invested Capital of 3.98% is in line compared to the rest of the industry. MT outperforms 55.10% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MT is above the industry average of 8.76%.
The last Return On Invested Capital (3.98%) for MT is well below the 3 year average (13.03%), which needs to be investigated, but indicates that MT had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.33% | ||
| ROE | -2.32% | ||
| ROIC | 3.98% |
ROA(3y)9.11%
ROA(5y)4.73%
ROE(3y)16.55%
ROE(5y)8.28%
ROIC(3y)13.03%
ROIC(5y)8.27%
1.3 Margins
MT's Profit Margin has declined in the last couple of years.
MT has a Operating Margin of 5.55%. This is comparable to the rest of the industry: MT outperforms 55.10% of its industry peers.
In the last couple of years the Operating Margin of MT has declined.
MT does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.55% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y94.6%
OM growth 5Y-4.09%
PM growth 3YN/A
PM growth 5Y-27.61%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MT is creating some value.
MT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for MT has been reduced compared to 5 years ago.
Compared to 1 year ago, MT has an improved debt to assets ratio.
2.2 Solvency
MT has a debt to FCF ratio of 11.37. This is a negative value and a sign of low solvency as MT would need 11.37 years to pay back of all of its debts.
With a Debt to FCF ratio value of 11.37, MT perfoms like the industry average, outperforming 58.50% of the companies in the same industry.
MT has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
MT's Debt to Equity ratio of 0.17 is in line compared to the rest of the industry. MT outperforms 51.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 11.37 | ||
| Altman-Z | N/A |
ROIC/WACC0.45
WACC8.93%
2.3 Liquidity
A Current Ratio of 1.46 indicates that MT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.46, MT is doing worse than 74.83% of the companies in the same industry.
A Quick Ratio of 0.59 indicates that MT may have some problems paying its short term obligations.
MT has a Quick ratio of 0.59. This is amonst the worse of the industry: MT underperforms 87.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
MT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43.77%.
The Earnings Per Share has been decreasing by -3.52% on average over the past years.
Looking at the last year, MT shows a very negative growth in Revenue. The Revenue has decreased by -11.80% in the last year.
MT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.13% yearly.
EPS 1Y (TTM)-43.77%
EPS 3YN/A
EPS 5Y-3.52%
EPS Q2Q%-66.36%
Revenue 1Y (TTM)-11.8%
Revenue growth 3Y8.62%
Revenue growth 5Y-2.13%
Sales Q2Q%-8.55%
3.2 Future
Based on estimates for the next years, MT will show a decrease in Earnings Per Share. The EPS will decrease by -4.08% on average per year.
MT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.77% yearly.
EPS Next Y-45.07%
EPS Next 2Y-12.68%
EPS Next 3Y-4.08%
EPS Next 5YN/A
Revenue Next Year-10.22%
Revenue Next 2Y-4.68%
Revenue Next 3Y-2.18%
Revenue Next 5Y0.77%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
A Price/Earnings ratio of 6.96 indicates a rather cheap valuation of MT.
96.60% of the companies in the same industry are more expensive than MT, based on the Price/Earnings ratio.
MT is valuated cheaply when we compare the Price/Earnings ratio to 27.96, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 5.31 indicates a rather cheap valuation of MT.
93.88% of the companies in the same industry are more expensive than MT, based on the Price/Forward Earnings ratio.
MT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.11.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.96 | ||
| Fwd PE | 5.31 |
4.2 Price Multiples
92.52% of the companies in the same industry are more expensive than MT, based on the Enterprise Value to EBITDA ratio.
76.87% of the companies in the same industry are more expensive than MT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.04 | ||
| EV/EBITDA | 4.17 |
4.3 Compensation for Growth
A cheap valuation may be justified as MT's earnings are expected to decrease with -4.08% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.68%
EPS Next 3Y-4.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.05%, MT has a reasonable but not impressive dividend return.
MT's Dividend Yield is a higher than the industry average which is at 3.22.
MT's Dividend Yield is comparable with the S&P500 average which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
5.2 History
MT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MT has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-31.04%
EPS Next 2Y-12.68%
EPS Next 3Y-4.08%
ARCELORMITTAL-NY REGISTERED
NYSE:MT (1/17/2025, 8:16:20 PM)
After market: 23.26 0 (0%)23.26
+0.08 (+0.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners24.29%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap19.84B
Analysts80
Price Target31.31 (34.61%)
Short Float %0.89%
Short Ratio2.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
Yearly Dividend0.45
Dividend Growth(5Y)N/A
DP-31.04%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-31.76%
Min EPS beat(2)-34.3%
Max EPS beat(2)-29.23%
EPS beat(4)2
Avg EPS beat(4)27.87%
Min EPS beat(4)-34.3%
Max EPS beat(4)152.94%
EPS beat(8)6
Avg EPS beat(8)67.94%
EPS beat(12)9
Avg EPS beat(12)46.92%
EPS beat(16)12
Avg EPS beat(16)40.75%
Revenue beat(2)0
Avg Revenue beat(2)-3.28%
Min Revenue beat(2)-4.44%
Max Revenue beat(2)-2.12%
Revenue beat(4)0
Avg Revenue beat(4)-4.55%
Min Revenue beat(4)-8.37%
Max Revenue beat(4)-2.12%
Revenue beat(8)2
Avg Revenue beat(8)-1.18%
Revenue beat(12)5
Avg Revenue beat(12)0%
Revenue beat(16)5
Avg Revenue beat(16)-1.81%
PT rev (1m)-1.67%
PT rev (3m)-5.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-31.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.3%
Revenue NY rev (1m)-0.93%
Revenue NY rev (3m)-1.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.96 | ||
| Fwd PE | 5.31 | ||
| P/S | 0.32 | ||
| P/FCF | 20.04 | ||
| P/OCF | 3.47 | ||
| P/B | 0.37 | ||
| P/tB | 0.41 | ||
| EV/EBITDA | 4.17 |
EPS(TTM)3.34
EY14.36%
EPS(NY)4.38
Fwd EY18.85%
FCF(TTM)1.16
FCFY4.99%
OCF(TTM)6.7
OCFY28.8%
SpS73.03
BVpS62.51
TBVpS56.92
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.33% | ||
| ROE | -2.32% | ||
| ROCE | 4.8% | ||
| ROIC | 3.98% | ||
| ROICexc | 4.29% | ||
| ROICexgc | 4.62% | ||
| OM | 5.55% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 1.59% |
ROA(3y)9.11%
ROA(5y)4.73%
ROE(3y)16.55%
ROE(5y)8.28%
ROIC(3y)13.03%
ROIC(5y)8.27%
ROICexc(3y)14.34%
ROICexc(5y)9.1%
ROICexgc(3y)15.48%
ROICexgc(5y)9.83%
ROCE(3y)15.9%
ROCE(5y)10.1%
ROICexcg growth 3Y101.22%
ROICexcg growth 5Y-5.32%
ROICexc growth 3Y101.11%
ROICexc growth 5Y-5.21%
OM growth 3Y94.6%
OM growth 5Y-4.09%
PM growth 3YN/A
PM growth 5Y-27.61%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 11.37 | ||
| Debt/EBITDA | 1.43 | ||
| Cap/Depr | 170.22% | ||
| Cap/Sales | 7.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.71% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | N/A |
F-Score3
WACC8.93%
ROIC/WACC0.45
Cap/Depr(3y)139.72%
Cap/Depr(5y)123.61%
Cap/Sales(3y)5.01%
Cap/Sales(5y)4.93%
Profit Quality(3y)149.49%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.77%
EPS 3YN/A
EPS 5Y-3.52%
EPS Q2Q%-66.36%
EPS Next Y-45.07%
EPS Next 2Y-12.68%
EPS Next 3Y-4.08%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.8%
Revenue growth 3Y8.62%
Revenue growth 5Y-2.13%
Sales Q2Q%-8.55%
Revenue Next Year-10.22%
Revenue Next 2Y-4.68%
Revenue Next 3Y-2.18%
Revenue Next 5Y0.77%
EBIT growth 1Y-4.93%
EBIT growth 3Y111.38%
EBIT growth 5Y-6.13%
EBIT Next Year53.67%
EBIT Next 3Y23.48%
EBIT Next 5Y15.93%
FCF growth 1Y-86.99%
FCF growth 3Y22.73%
FCF growth 5Y28.04%
OCF growth 1Y-46.73%
OCF growth 3Y23.29%
OCF growth 5Y12.8%