(MT) ArcelorMittal - Overview
Sector: Basic Materials | Industry: Steel | Exchange: AS (Netherlands) | Market Cap: 44.668m EUR | Total Return: 123.2% in 12m
Avg Turnover: 119M
EPS Trend: -80.4%
Qual. Beats: 0
Rev. Trend: -88.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Rs Leader, Tailwind, Pullback 52w
ArcelorMittal S.A. is an integrated steel and mining enterprise with operations spanning Europe, the Americas, Asia, and Africa. The company produces a comprehensive range of finished and semi-finished steel products, including flat products like hot-rolled coils, long products such as structural sections and rails, and various seamless and welded tubes. Its mining division provides essential raw materials including iron ore and coking coal, supporting internal production and external sales.
The company utilizes a vertically integrated business model, which allows for greater control over supply chains and input costs compared to non-integrated peers. As a major supplier to the global automotive and construction sectors, ArcelorMittals performance is closely tied to industrial production cycles and global infrastructure spending. The steel industry is characterized by high capital intensity and sensitivity to fluctuating raw material prices and energy costs.
Investors can evaluate these industrial trends and valuation metrics further on ValueRay. ArcelorMittal maintains a centralized marketing organization to distribute its products to diverse end-markets, including the energy, machinery, and appliance industries.
- Global steel demand fluctuations impact revenue across automotive and construction sectors
- Raw material price volatility for iron ore and coking coal affects margins
- European energy costs and carbon emission regulations increase operational overhead
- Infrastructure spending in emerging markets drives long-term volume growth potential
- Chinese steel production levels and export volumes influence global pricing dynamics
| Net Income: 2.92b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.04 > 1.0 |
| NWC/Revenue: 13.68% < 20% (prev 12.58%; Δ 1.10% < -1%) |
| CFO/TA 0.05 > 3% & CFO 5.35b > Net Income 2.92b |
| Net Debt (10.5b) to EBITDA (6.64b): 1.58 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (764.0m) vs 12m ago -0.91% < -2% |
| Gross Margin: 9.56% > 18% (prev 9.91%; Δ -0.35% > 0.5%) |
| Asset Turnover: 65.37% > 50% (prev 66.65%; Δ -1.28% > 0%) |
| Interest Coverage Ratio: 9.45 > 6 (EBIT TTM 3.60b / Interest Expense TTM 381.0m) |
| A: 0.09 (Total Current Assets 30.5b - Total Current Liabilities 22.0b) / Total Assets 98.3b |
| B: 0.51 (Retained Earnings 49.9b / Total Assets 98.3b) |
| C: 0.04 (EBIT TTM 3.60b / Avg Total Assets 94.9b) |
| D: 1.34 (Book Value of Equity 55.2b / Total Liabilities 41.1b) |
| Altman-Z'' = 3.89 = AA |
| DSRI: 0.99 (Receivables 4.13b/4.11b, Revenue 62.0b/61.0b) |
| GMI: 1.04 (GM 9.91% / 9.56%) |
| AQI: 0.91 (AQ_t 0.27 / AQ_t-1 0.30) |
| SGI: 1.02 (Revenue 62.0b / 61.0b) |
| TATA: -0.02 (NI 2.92b - CFO 5.35b) / TA 98.3b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of June 09, 2026, the stock is trading at EUR 58.74 with a total of 1,925,443 shares traded.
Over the past week, the price has changed by -2.20%,
over one month by +13.11%,
over three months by +27.89% and
over the past year by +123.18%.
ArcelorMittal has no consensus analysts rating.
Market Cap USD = 51.5b (44.7b EUR * 1.1522 EUR.USD)
P/E Trailing = 17.8541
P/E Forward = 17.2414
P/S = 0.7203
P/B = 0.9474
P/EG = 0.4177
Revenue TTM = 62.0b USD
EBIT TTM = 3.60b USD
EBITDA TTM = 6.64b USD
Long Term Debt = 10.9b USD (from longTermDebt, last quarter)
Short Term Debt = 2.74b USD (from shortTermDebt, last quarter)
Debt = 14.9b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.18b
Net Debt = 10.5b USD (calculated: Debt 14.9b - CCE 4.36b)
Enterprise Value = 62.0b USD (51.5b + Debt 14.9b - CCE 4.36b)
Interest Coverage Ratio = 9.45 (Ebit TTM 3.60b / Interest Expense TTM 381.0m)
EV/FCF = 116.7x (Enterprise Value 62.0b / FCF TTM 531.2m)
FCF Yield = 0.86% (FCF TTM 531.2m / Enterprise Value 62.0b)
FCF Margin = 0.86% (FCF TTM 531.2m / Revenue TTM 62.0b)
Net Margin = 4.71% (Net Income TTM 2.92b / Revenue TTM 62.0b)
Gross Margin = 9.56% ((Revenue TTM 62.0b - Cost of Revenue TTM 56.1b) / Revenue TTM)
Gross Margin QoQ = 9.72% (prev 9.26%)
Tobins Q-Ratio = 0.63 (Enterprise Value 62.0b / Total Assets 98.3b)
Interest Expense / Debt = 2.56% (Interest Expense 381.0m / Debt 14.9b)
Taxrate = 9.80% (326.0m / 3.33b)
NOPAT = 3.25b (EBIT 3.60b * (1 - 9.80%))
Current Ratio = 1.39 (Total Current Assets 30.5b / Total Current Liabilities 22.0b)
Debt / Equity = 0.27 (Debt 14.9b / totalStockholderEquity, last quarter 55.2b)
Debt / EBITDA = 1.58 (Net Debt 10.5b / EBITDA 6.64b)
Debt / FCF = 19.78 (Net Debt 10.5b / FCF TTM 531.2m)
Total Stockholder Equity = 54.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.08% (Net Income 2.92b / Total Assets 98.3b)
RoE = 5.35% (Net Income TTM 2.92b / Total Stockholder Equity 54.7b)
RoCE = 5.49% (EBIT 3.60b / Capital Employed (Equity 54.7b + L.T.Debt 10.9b))
RoIC = 4.28% (NOPAT 3.25b / Invested Capital 75.9b)
WACC = 7.63% (E(51.5b)/V(66.3b) * Re(9.16%) + D(14.9b)/V(66.3b) * Rd(2.56%) * (1-Tc(0.10)))
Discount Rate = 9.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.61 | Cagr: -3.62%
[DCF] Terminal Value 77.97% ; FCFF base≈503.5m ; Y1≈577.1m ; Y5≈848.9m
[DCF] Fair Price = 2.99 (EV 12.8b - Net Debt 10.5b = Equity 2.27b / Shares 760.4m; r=8.35% [WACC [floored]]; 5y FCF grow 14.98% → 2.50% )
EPS Correlation: -80.41 | EPS CAGR: -22.58% | SUE: 0.41 | # QB: 0
Revenue Correlation: -88.04 | Revenue CAGR: -5.96% | SUE: -0.76 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.19 | Chg30d=-23.88% | Revisions=-20% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.30 | Chg30d=-5.35% | Revisions=-20% | Analysts=4
EPS current Year (2026-12-31): EPS=4.79 | Chg30d=+0.26% | Revisions=-40% | GrowthEPS=+24.5% | GrowthRev=+8.7%
EPS next Year (2027-12-31): EPS=7.07 | Chg30d=-0.12% | Revisions=+9% | GrowthEPS=+47.4% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: -40%