(MT) ArcelorMittal - Overview

Sector: Basic Materials | Industry: Steel | Exchange: AS (Netherlands) | Market Cap: 34.753m EUR | Total Return: 110.5% in 12m

Steel Products, Mining Products, Flat Products, Long Products, Pipes
Total Rating 64
Safety 82
Buy Signal 0.24
Steel -5.2
Steel +0.2
Market Cap: 40,035m
Avg Trading Vol: 107M EUR
ATR: 5.16%
Peers RS (IBD): 76.8
Risk 5d forecast
Volatility59.1%
Rel. Tail Risk-18.2%
Reward TTM
Sharpe Ratio2.07
Alpha95.17
Character TTM
Beta0.789
Beta Downside1.023
Drawdowns 3y
Max DD31.92%
CAGR/Max DD0.75
EPS (Earnings per Share) EPS (Earnings per Share) of MT over the last years for every Quarter: "2021-03": 1.93, "2021-06": 3.46, "2021-09": 4.27, "2021-12": 3.71, "2022-03": 4.27, "2022-06": 4.24, "2022-09": 1.42, "2022-12": 1.37, "2023-03": 1.27, "2023-06": 2.2, "2023-09": 1.1, "2023-12": 1.18, "2024-03": 1.16, "2024-06": 0.63, "2024-09": 0.63, "2024-12": 0.52, "2025-03": 1.04, "2025-06": 1.32, "2025-09": 0.62, "2025-12": 0.86,
EPS CAGR: -34.77%
EPS Trend: -75.3%
Last SUE: 1.02
Qual. Beats: 1
Revenue Revenue of MT over the last years for every Quarter: 2021-03: 16193, 2021-06: 19343, 2021-09: 20229, 2021-12: 20806, 2022-03: 21836, 2022-06: 22142, 2022-09: 18975, 2022-12: 16891, 2023-03: 18501, 2023-06: 18606, 2023-09: 16616, 2023-12: 14552, 2024-03: 16282, 2024-06: 16249, 2024-09: 15196, 2024-12: 14714, 2025-03: 14798, 2025-06: 15926, 2025-09: 15657, 2025-12: 14971,
Rev. CAGR: -9.58%
Rev. Trend: -83.2%
Last SUE: -0.48
Qual. Beats: 0
Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: MT ArcelorMittal

ArcelorMittal SA is an integrated steel and mining company. It produces a range of steel products, including flat and long products, and extracts iron ore and coking coal.

The companys business model involves both raw material extraction and steel manufacturing, a common strategy in the steel industry to control supply chains and costs. Its diverse product portfolio serves key industrial sectors like automotive and construction.

ArcelorMittal distributes its products globally through a centralized marketing organization and third-party distributors. Further research on platforms like ValueRay can provide detailed financial analysis.

Headlines to Watch Out For
  • Global steel demand impacts ArcelorMittals sales volume and pricing
  • Iron ore and coking coal prices directly affect production costs
  • Automotive and construction sector health drives steel product consumption
  • Energy costs for steelmaking influence profitability
  • Environmental regulations on emissions increase operational expenses
Piotroski VR‑10 (Strict) 5.5
Net Income: 3.15b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.00 > 1.0
NWC/Revenue: 13.18% < 20% (prev 12.10%; Δ 1.08% < -1%)
CFO/TA 0.05 > 3% & CFO 5.00b > Net Income 3.15b
Net Debt (7.93b) to EBITDA (5.12b): 1.55 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (766.0m) vs 12m ago -3.89% < -2%
Gross Margin: 30.06% > 18% (prev 0.31%; Δ 2.97k% > 0.5%)
Asset Turnover: 65.58% > 50% (prev 69.86%; Δ -4.27% > 0%)
Interest Coverage Ratio: 6.67 > 6 (EBITDA TTM 5.12b / Interest Expense TTM 308.1m)
Altman Z'' 3.11
A: 0.08 (Total Current Assets 30.61b - Total Current Liabilities 22.52b) / Total Assets 97.71b
B: 0.51 (Retained Earnings 49.92b / Total Assets 97.71b)
C: 0.02 (EBIT TTM 2.05b / Avg Total Assets 93.55b)
D: 0.72 (Book Value of Equity 29.57b / Total Liabilities 41.17b)
Altman-Z'' Score: 3.11 = A
Beneish M -3.39
DSRI: 0.63 (Receivables 3.48b/5.66b, Revenue 61.35b/62.44b)
GMI: 1.04 (GM 30.06% / 31.24%)
AQI: 0.89 (AQ_t 0.27 / AQ_t-1 0.30)
SGI: 0.98 (Revenue 61.35b / 62.44b)
TATA: -0.02 (NI 3.15b - CFO 5.00b) / TA 97.71b)
Beneish M-Score: -3.39 (Cap -4..+1) = AA
What is the price of MT shares? As of April 06, 2026, the stock is trading at EUR 45.66 with a total of 1,782,764 shares traded.
Over the past week, the price has changed by +5.82%, over one month by -7.40%, over three months by +15.98% and over the past year by +110.48%.
Is MT a buy, sell or hold? ArcelorMittal has no consensus analysts rating.
What are the forecasts/targets for the MT price?
Wallstreet Target Price 54.6 19.6%
Analysts Target Price - -
MT Fundamental Data Overview as of 06 April 2026
Market Cap USD = 40.04b (34.75b EUR * 1.152 EUR.USD)
Market Cap USD = 40.04b (34.75b EUR * 1.152 EUR.USD)
P/E Trailing = 12.862
P/E Forward = 13.2626
P/S = 0.5665
P/B = 0.7395
P/EG = 0.4177
Revenue TTM = 61.35b USD
EBIT TTM = 2.05b USD
EBITDA TTM = 5.12b USD
Long Term Debt = 9.70b USD (from longTermDebt, last quarter)
Short Term Debt = 2.74b USD (from shortTermDebt, last quarter)
Debt = 13.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.93b USD (from netDebt column, last quarter)
Enterprise Value = 47.97b USD (40.04b + Debt 13.41b - CCE 5.48b)
Interest Coverage Ratio = 6.67 (Ebit TTM 2.05b / Interest Expense TTM 308.1m)
EV/FCF = 97.86x (Enterprise Value 47.97b / FCF TTM 490.2m)
FCF Yield = 1.02% (FCF TTM 490.2m / Enterprise Value 47.97b)
FCF Margin = 0.80% (FCF TTM 490.2m / Revenue TTM 61.35b)
Net Margin = 5.14% (Net Income TTM 3.15b / Revenue TTM 61.35b)
Gross Margin = 30.06% ((Revenue TTM 61.35b - Cost of Revenue TTM 42.91b) / Revenue TTM)
Gross Margin QoQ = -91.24% (prev 8.79%)
Tobins Q-Ratio = 0.49 (Enterprise Value 47.97b / Total Assets 97.71b)
Interest Expense / Debt = 1.31% (Interest Expense 176.1m / Debt 13.41b)
Taxrate = 9.58% (359.0m / 3.75b)
NOPAT = 1.86b (EBIT 2.05b * (1 - 9.58%))
Current Ratio = 1.36 (Total Current Assets 30.61b / Total Current Liabilities 22.52b)
Debt / Equity = 0.25 (Debt 13.41b / totalStockholderEquity, last quarter 54.47b)
Debt / EBITDA = 1.55 (Net Debt 7.93b / EBITDA 5.12b)
Debt / FCF = 16.19 (Net Debt 7.93b / FCF TTM 490.2m)
Total Stockholder Equity = 53.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.37% (Net Income 3.15b / Total Assets 97.71b)
RoE = 5.87% (Net Income TTM 3.15b / Total Stockholder Equity 53.66b)
RoCE = 3.24% (EBIT 2.05b / Capital Employed (Equity 53.66b + L.T.Debt 9.70b))
RoIC = 2.79% (NOPAT 1.86b / Invested Capital 66.59b)
WACC = 6.86% (E(40.04b)/V(53.45b) * Re(8.76%) + D(13.41b)/V(53.45b) * Rd(1.31%) * (1-Tc(0.10)))
Discount Rate = 8.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.93%
[DCF] Terminal Value 76.25% ; FCFF base≈472.9m ; Y1≈310.5m ; Y5≈142.0m
 [DCF] Fair Price = N/A (negative equity: EV 3.57b - Net Debt 7.93b = -4.37b; debt exceeds intrinsic value)
 EPS Correlation: -75.31 | EPS CAGR: -34.77% | SUE: 1.02 | # QB: 1
Revenue Correlation: -83.23 | Revenue CAGR: -9.58% | SUE: -0.48 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1.56 | Chg7d=+0.044 | Chg30d=+0.044 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=5.15 | Chg7d=-0.092 | Chg30d=-0.093 | Revisions Net=+0 | Growth EPS=+33.8% | Growth Revenue=+9.5%
EPS next Year (2027-12-31): EPS=6.84 | Chg7d=+0.009 | Chg30d=-0.015 | Revisions Net=+0 | Growth EPS=+32.8% | Growth Revenue=+4.1%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.0% (Discount Rate 8.8% - Earnings Yield 7.8%)
[Growth] Growth Spread = +5.4% (Analyst 6.4% - Implied 1.0%)