(MTS) ArcelorMittal - Overview

Exchange: MC • Country: Luxembourg • Currency: EUR • Type: Common Stock • ISIN: LU1598757687

Stock: Steel, Iron-Ore, Coking-Coal

Total Rating 70
Risk 76
Buy Signal 1.28
Risk 5d forecast
Volatility 40.0%
Relative Tail Risk -14.0%
Reward TTM
Sharpe Ratio 1.99
Alpha 95.00
Character TTM
Beta 0.495
Beta Downside 0.745
Drawdowns 3y
Max DD 31.97%
CAGR/Max DD 0.82

EPS (Earnings per Share)

EPS (Earnings per Share) of MTS over the last years for every Quarter: "2020-12": 0.2, "2021-03": 1.93, "2021-06": 2.93, "2021-09": 3.7, "2021-12": 3.71, "2022-03": 4.04, "2022-06": 4.24, "2022-09": 1.11, "2022-12": 1.37, "2023-03": 1.15, "2023-06": 1.99, "2023-09": 1.03, "2023-12": 1.18, "2024-03": 1.08, "2024-06": 0.58, "2024-09": 0.58, "2024-12": -0.49, "2025-03": 0.91, "2025-06": 2.04, "2025-09": 0.54, "2025-12": null,

Revenue

Revenue of MTS over the last years for every Quarter: 2020-12: 14184, 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: 17472.317036,

Description: MTS ArcelorMittal February 18, 2026

ArcelorMittal S.A. (ticker MTS) is a globally integrated steel and mining group headquartered in Luxembourg. Through its subsidiaries it produces a full spectrum of steel products-from semi-finished slabs and billets to finished flat and long items such as hot-rolled coils, tinplate, structural sections, and seamless pipes-as well as mining outputs including iron-ore concentrates and coking coal. Its customer base spans automotive, appliance, engineering, construction, energy, and machinery sectors, and it markets these goods via a centralized sales organization and a network of distributors.

Key recent data (as of Q4 2024):
• FY 2023 revenue reached €79 billion, up 5 % YoY, driven by higher steel prices and a modest rebound in automotive demand (source: ArcelorMittal annual report).
• EBITDA margin improved to 12.8 % from 11.4 % in 2022, reflecting better capacity utilization (≈78 % vs 71 % in 2022) and cost-saving initiatives.
• Net debt stood at €31 billion, giving a net-debt-to-EBITDA ratio of ~2.4×, which remains elevated but below the 3.0× threshold historically associated with heightened credit risk for the sector.
• Macro drivers: Global steel demand is projected to grow 2.5 % in 2025, with infrastructure spending in emerging markets and a shift toward higher-value coated products underpinning the outlook (World Steel Association).
• Commodity exposure: Iron-ore prices have averaged $115/ton in 2024, a 15 % increase from 2023, supporting mining revenue but also pressuring input costs.

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Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 3.28b TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA -1.05 > 1.0
NWC/Revenue: 12.66% < 20% (prev 12.10%; Δ 0.56% < -1%)
CFO/TA 0.04 > 3% & CFO 4.28b > Net Income 3.28b
Net Debt (7.93b) to EBITDA (6.46b): 1.23 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (766.0m) vs 12m ago -0.78% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 68.26% > 50% (prev 69.86%; Δ -1.60% > 0%)
Interest Coverage Ratio: 11.02 > 6 (EBITDA TTM 6.46b / Interest Expense TTM 308.1m)

Altman Z''

A: 0.08 (Total Current Assets 30.61b - Total Current Liabilities 22.52b) / Total Assets 97.71b
B: error (Retained Earnings missing)
C: 0.04 (EBIT TTM 3.40b / Avg Total Assets 93.55b)
D: 1.32 (Book Value of Equity 54.47b / Total Liabilities 41.17b)

Beneish M -4.00

DSRI: 0.60 (Receivables 3.48b/5.66b, Revenue 63.85b/62.44b)
GMI: 0.09 (GM 100.0% / 9.27%)
AQI: 0.89 (AQ_t 0.27 / AQ_t-1 0.30)
SGI: 1.02 (Revenue 63.85b / 62.44b)
TATA: -0.01 (NI 3.28b - CFO 4.28b) / TA 97.71b)
Beneish M-Score: -4.23 (Cap -4..+1) = AAA

What is the price of MTS shares?

As of February 18, 2026, the stock is trading at EUR 53.64 with a total of 147,539 shares traded.
Over the past week, the price has changed by +1.94%, over one month by +29.24%, over three months by +57.02% and over the past year by +96.97%.

Is MTS a buy, sell or hold?

ArcelorMittal has no consensus analysts rating.

What are the forecasts/targets for the MTS price?

Issuer Target Up/Down from current
Wallstreet Target Price 52 -3.1%
Analysts Target Price - -

MTS Fundamental Data Overview February 18, 2026

Market Cap USD = 48.45b (40.83b EUR * 1.1867 EUR.USD)
P/E Trailing = 15.4582
P/E Forward = 14.7275
P/S = 0.6654
P/B = 0.8832
P/EG = 0.6556
Revenue TTM = 63.85b EUR
EBIT TTM = 3.40b EUR
EBITDA TTM = 6.46b EUR
Long Term Debt = 10.49b EUR (from longTermDebt, two quarters ago)
Short Term Debt = 2.74b EUR (from shortTermDebt, last fiscal year)
Debt = 13.41b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 7.93b EUR (from netDebt column, last fiscal year)
Enterprise Value = 48.76b EUR (40.83b + Debt 13.41b - CCE 5.48b)
Interest Coverage Ratio = 11.02 (Ebit TTM 3.40b / Interest Expense TTM 308.1m)
EV/FCF = 840.7x (Enterprise Value 48.76b / FCF TTM 58.0m)
FCF Yield = 0.12% (FCF TTM 58.0m / Enterprise Value 48.76b)
FCF Margin = 0.09% (FCF TTM 58.0m / Revenue TTM 63.85b)
Net Margin = 5.14% (Net Income TTM 3.28b / Revenue TTM 63.85b)
Gross Margin = unknown ((Revenue TTM 63.85b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.50 (Enterprise Value 48.76b / Total Assets 97.71b)
Interest Expense / Debt = 1.31% (Interest Expense 176.1m / Debt 13.41b)
Taxrate = 9.97% (373.6m / 3.75b)
NOPAT = 3.06b (EBIT 3.40b * (1 - 9.97%))
Current Ratio = 1.36 (Total Current Assets 30.61b / Total Current Liabilities 22.52b)
Debt / Equity = 0.25 (Debt 13.41b / totalStockholderEquity, last fiscal year 54.47b)
Debt / EBITDA = 1.23 (Net Debt 7.93b / EBITDA 6.46b)
Debt / FCF = 136.8 (Net Debt 7.93b / FCF TTM 58.0m)
Total Stockholder Equity = 52.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.51% (Net Income 3.28b / Total Assets 97.71b)
RoE = 6.27% (Net Income TTM 3.28b / Total Stockholder Equity 52.35b)
RoCE = 5.40% (EBIT 3.40b / Capital Employed (Equity 52.35b + L.T.Debt 10.49b))
RoIC = 4.59% (NOPAT 3.06b / Invested Capital 66.55b)
WACC = 6.12% (E(40.83b)/V(54.24b) * Re(7.74%) + D(13.41b)/V(54.24b) * Rd(1.31%) * (1-Tc(0.10)))
Discount Rate = 7.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -3.93%
[DCF Debug] Terminal Value 79.63% ; FCFF base≈430.8m ; Y1≈282.8m ; Y5≈129.0m
Fair Price DCF = N/A (negative equity: EV 3.85b - Net Debt 7.93b = -4.08b; debt exceeds intrinsic value)
EPS Correlation: -68.70 | EPS CAGR: -40.19% | SUE: 0.09 | # QB: 0
Revenue Correlation: -72.91 | Revenue CAGR: -5.77% | SUE: 3.48 | # QB: 1
EPS current Year (2026-12-31): EPS=3.94 | Chg30d=-0.143 | Revisions Net=-2 | Growth EPS=+20.6% | Growth Revenue=+9.3%
EPS next Year (2027-12-31): EPS=4.68 | Chg30d=+0.095 | Revisions Net=-1 | Growth EPS=+19.0% | Growth Revenue=+4.3%

Additional Sources for MTS Stock

Fund Manager Positions: Dataroma | Stockcircle