ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa.
Flawless balance sheet and fair value.
Share Price & News
How has ArcelorMittal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MT's share price has been volatile over the past 3 months.
7 Day Return
NL Metals and Mining
1 Year Return
NL Metals and Mining
Return vs Industry: MT underperformed the Dutch Metals and Mining industry which returned -27.6% over the past year.
Return vs Market: MT underperformed the Dutch Market which returned -21.1% over the past year.
Price Volatility Vs. Market
How volatile is ArcelorMittal's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDo Institutions Own Shares In ArcelorMittal (AMS:MT)?
1 month ago | Simply Wall StIs ArcelorMittal's (AMS:MT) CEO Overpaid Relative To Its Peers?
1 month ago | Simply Wall StThese 4 Measures Indicate That ArcelorMittal (AMS:MT) Is Using Debt Extensively
Is ArcelorMittal undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MT (€9.54) is trading below our estimate of fair value (€14.89)
Significantly Below Fair Value: MT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MT is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MT is unprofitable, so we can't compare its PE Ratio to the Dutch market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MT is good value based on its PB Ratio (0.3x) compared to the XE Metals and Mining industry average (0.7x).
How is ArcelorMittal forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.2%).
Earnings vs Market: MT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MT's is expected to become profitable in the next 3 years.
Revenue vs Market: MT's revenue is expected to decline over the next 3 years (-0.6% per year).
High Growth Revenue: MT's revenue is forecast to decline over the next 3 years (-0.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MT's Return on Equity is forecast to be low in 3 years time (6.4%).
How has ArcelorMittal performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MT is currently unprofitable.
Growing Profit Margin: MT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MT is unprofitable, but has reduced losses over the past 5 years at a rate of 41.6% per year.
Accelerating Growth: Unable to compare MT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-9.8%).
Return on Equity
High ROE: MT has a negative Return on Equity (-5.91%), as it is currently unprofitable.
How is ArcelorMittal's financial position?
Financial Position Analysis
Short Term Liabilities: MT's short term assets ($28.6B) exceed its short term liabilities ($21.3B).
Long Term Liabilities: MT's short term assets ($28.6B) exceed its long term liabilities ($26.1B).
Debt to Equity History and Analysis
Debt Level: MT's debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: MT's debt to equity ratio has reduced from 42.3% to 32.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38% per year.
What is ArcelorMittal's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MT's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Dutch market (2.65%).
High Dividend: MT's dividend (2.91%) is low compared to the top 25% of dividend payers in the Dutch market (7.23%).
Stability and Growth of Payments
Stable Dividend: MT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: MT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: MT's dividends in 3 years are forecast to be well covered by earnings (26.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lakshmi Mittal (69yo)
Mr. Lakshmi Nivas Mittal, B.Com., serves as the Group Chairman and Group Chief Executive of Arcelormittal Mining. He serves as the Chairman of the Board and Chief Executive Officer of ArcelorMittal (altern ...
CEO Compensation Analysis
Compensation vs Market: Lakshmi's total compensation ($USD6.15M) is above average for companies of similar size in the Dutch market ($USD4.71M).
Compensation vs Earnings: Lakshmi's compensation has increased whilst the company is unprofitable.
|Chairman & CEO||44.25yrs||US$6.15m||0.028% $2.7m|
|President & CFO||2.08yrs||US$237.00k||0.012% $1.1m|
|Head of Investor Relations & VP of Corporate Finance||no data||no data||no data|
|EVP, Head of Strategy & CTO of R&D||no data||no data||no data|
|Head of Media Relations||no data||no data||no data|
|Executive VP & Head of Human Resources||2.25yrs||no data||no data|
|VP & CEO of Long Products Europe||6.75yrs||no data||no data|
|Head of Global Research & Development and VP||no data||no data||no data|
|VP & CEO of Arcelormittal Downstream Solutions||3.5yrs||no data||no data|
|Head of Mergers & Acquisition||no data||no data||no data|
Experienced Management: MT's management team is considered experienced (3.5 years average tenure).
|Chairman & CEO||44.25yrs||US$6.15m||0.028% $2.7m|
|Lead Independent Director||2.92yrs||US$280.00k||no data|
|Non-Executive & Independent Director||7.92yrs||US$183.00k||no data|
|Non-Executive & Independent Director||3.92yrs||US$191.00k||0.00020% $19.3k|
|Non-Executive & Non-Independent Director||15.33yrs||US$171.00k||0.00084% $81.1k|
|Non-Executive & Independent Director||9.25yrs||US$183.00k||no data|
|Non-Executive & Independent Director||4.92yrs||US$204.00k||no data|
|Non-Executive Director||10.25yrs||US$171.00k||no data|
Experienced Board: MT's board of directors are considered experienced (7.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ArcelorMittal's company bio, employee growth, exchange listings and data sources
- Name: ArcelorMittal
- Ticker: MT
- Exchange: ENXTAM
- Founded: 1976
- Industry: Steel
- Sector: Materials
- Market Cap: €9.657b
- Shares outstanding: 1.01b
- Website: https://corporate.arcelormittal.com
Number of Employees
- 24-26, Boulevard d’Avranches
- Luxembourg City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ARRJ||XTRA (XETRA Trading Platform)||NY REGISTRY SHS NEW(POST REV SPLT)||DE||EUR||Aug 1997|
|MT||NYSE (New York Stock Exchange)||NY REGISTRY SHS NEW(POST REV SPLT)||US||USD||Aug 1997|
|ARRJ||DB (Deutsche Boerse AG)||NY REGISTRY SHS NEW(POST REV SPLT)||DE||EUR||Aug 1997|
|MT N||BMV (Bolsa Mexicana de Valores)||NY REGISTRY SHS NEW(POST REV SPLT)||MX||MXN||Aug 1997|
|MT||ENXTAM (Euronext Amsterdam)||Yes||Common Stock||NL||EUR||Aug 1997|
|MTL||BDL (Bourse de Luxembourg)||Yes||Common Stock||LU||EUR||Aug 1997|
|MTS||BME (Bolsas y Mercados Espanoles)||Yes||Common Stock||ES||EUR||Aug 1997|
|ARRD||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 1997|
|ARRD||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Aug 1997|
|0RP9||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Aug 1997|
|AMSY.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Aug 1997|
|MT||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Aug 1997|
|MT-U||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Aug 1997|
|MT||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Aug 1997|
|ARRDD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Aug 1997|
|MTSE||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Aug 1997|
|MTA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Aug 1997|
|32313400||BDL (Bourse de Luxembourg)||NPV (POST STOCK SPLIT)||LU||EUR||Feb 2017|
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. It operates through five segments: NAFTA, Brazil, Europe, ACIS, and Mining. The company produces finished and semi-finished steel products with various specifications. Its principal steel products include semi-finished flat products; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company’s principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. It provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. The company sells its products through a centralized marketing organization to customers in approximately 160 countries, as well as distributors and processors. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 20:37|
|End of Day Share Price||2020/04/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.