ArcelorMittal
Market Cap
US$14.0b
Last Updated
2019/09/22 23:54 UTC
Data Sources
Company Financials +
Executive Summary
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa.
Snowflake
Fundamentals
Very undervalued with flawless balance sheet.
Similar Companies
Share Price & News
How has ArcelorMittal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-12.0%
MT
-0.6%
US Metals and Mining
-0.6%
US Market
1 Year Return
-53.1%
MT
-11.2%
US Metals and Mining
0.7%
US Market
MT underperformed the Metals and Mining industry which returned -11.4% over the past year.
MT underperformed the Market in United States of America which returned 0.7% over the past year.
Share holder returns
| MT | Industry | Market | |
|---|---|---|---|
| 7 Day | -12.0% | -0.6% | -0.6% |
| 30 Day | 12.4% | 8.1% | 4.9% |
| 90 Day | -11.0% | -1.1% | 1.7% |
| 1 Year | -52.6%-53.1% | -8.5%-11.2% | 3.0%0.7% |
| 3 Year | 5.3%-17.3% | 10.5%4.8% | 44.8%35.4% |
| 5 Year | -53.6%-64.1% | -3.8%-11.1% | 62.0%44.3% |
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 year ago | Simply Wall St
Is It Time To Buy ArcelorMittal (NYSE:MT) Based Off Its PE Ratio?1 year ago | Simply Wall St
What You Must Know About ArcelorMittal's (NYSE:MT) ROE1 year ago | Simply Wall St
Has ArcelorMittal (MT) Got Enough Cash To Cover Its Short-Term Obligations?Valuation
Is ArcelorMittal undervalued based on future cash flows and its price relative to the stock market?
43%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
ArcelorMittal's share price is below the future cash flow value, and at a moderate discount (> 20%).
ArcelorMittal's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
ArcelorMittal is good value based on earnings compared to the US Metals and Mining industry average.
ArcelorMittal is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
ArcelorMittal is good value based on expected growth next year.
Price Based on Value of Assets
ArcelorMittal is good value based on assets compared to the US Metals and Mining industry average.
Next Steps
Future Growth
How is ArcelorMittal expected to perform in the next 1 to 3 years based on estimates from 19 analysts?
47.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
ArcelorMittal's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
ArcelorMittal's earnings are expected to grow significantly at over 20% yearly.
ArcelorMittal's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
ArcelorMittal's earnings growth is expected to exceed the United States of America market average.
ArcelorMittal's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
ArcelorMittal is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has ArcelorMittal performed over the past 5 years?
50.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
ArcelorMittal has delivered over 20% year on year earnings growth in the past 5 years.
ArcelorMittal's 1-year earnings growth is negative, it can't be compared to the 5-year average.
ArcelorMittal's 1-year earnings growth is negative, it can't be compared to the US Metals and Mining industry average.
Return on Equity
ArcelorMittal has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
ArcelorMittal used its assets less efficiently than the US Metals and Mining industry average last year based on Return on Assets.
Return on Capital Employed
ArcelorMittal has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is ArcelorMittal's financial position?
Financial Position Analysis
ArcelorMittal is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
ArcelorMittal's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
ArcelorMittal's level of debt (28%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (40.4% vs 28% today).
Debt is well covered by operating cash flow (45.1%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 7.7x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.6x debt.
Next Steps
Dividend
What is ArcelorMittal's current dividend yield, its reliability and sustainability?
2.82%
Expected Dividend Yield
Dividend Yield and Payments Analysis
ArcelorMittal's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
ArcelorMittal's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have fallen over the past 10 years.
Current Payout to Shareholders
Dividends paid are thoroughly covered by earnings (10.2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).
Next Steps
Management
What is the CEO of ArcelorMittal's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Lakshmi Mittal (69yo)
43.7yrs
Tenure
US$4,379,000
Compensation
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
Lakshmi's remuneration is lower than average for companies of similar size in United States of America.
Lakshmi's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
3.3yrs
Average Tenure
57yo
Average Age
The tenure for the ArcelorMittal management team is about average.
Board Age and Tenure
7.3yrs
Average Tenure
63yo
Average Age
The tenure for the ArcelorMittal board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Lakshmi Mittal (69yo)
Chairman & CEO
- Tenure: 43.7yrs
- Compensation: US$4.38m
Aditya Mittal (42yo)
President & Group CFO
- Tenure: 1.5yrs
- Compensation: US$237.00k
Augustine Kochuparampil (67yo)
VP & CEO of Long Products Europe
- Tenure: 6.2yrs
Greg Ludkovsky (69yo)
Head of Global Research & Development and VP
- Tenure: 0yrs
Vijaj Goyal
VP & CEO of Arcelormittal Downstream Solutions
- Tenure: 2.9yrs
Ondra Otradovec (50yo)
Head of Mergers & Acquisition
- Tenure: 0yrs
David Clarke (54yo)
CTO, Head of Corporate Strategy & VP
- Tenure: 3.7yrs
Daniel Fairclough
Head of Investor Relations & VP of Corporate Finance
- Tenure: 0yrs
Paul Weigh
Head of Media Relations
- Tenure: 0yrs
Bart Wille (57yo)
Executive VP & Head of Human Resources
- Tenure: 1.7yrs
Board Members
Lakshmi Mittal (69yo)
Chairman & CEO
- Tenure: 43.7yrs
- Compensation: US$4.38m
Michel Alphonse Léon Wurth (65yo)
Director
- Tenure: 5.3yrs
- Compensation: US$166.00k
Bruno Lafont (63yo)
Lead Independent Director
- Tenure: 2.3yrs
- Compensation: US$272.00k
Tye Burt (61yo)
Non-Executive & Independent Director
- Tenure: 7.3yrs
- Compensation: US$178.00k
Karel de Gucht (65yo)
Director
- Tenure: 3.3yrs
- Compensation: US$185.00k
Vanisha Mittal Bhatia (38yo)
Non-Executive & Non-Independent Director
- Tenure: 14.8yrs
- Compensation: US$166.00k
Suzanne Nimocks (60yo)
Non-Executive & Independent Director
- Tenure: 8.7yrs
- Compensation: US$178.00k
Karyn Ovelmen (56yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$198.00k
Jeannot Krecké (69yo)
Non-Executive Director
- Tenure: 9.7yrs
- Compensation: US$166.00k
Company Information
ArcelorMittal's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ArcelorMittal
- Ticker: MT
- Exchange: NYSE
- Founded: 1976
- Industry: Steel
- Sector: Materials
- Market Cap: €13.998b
- Listing Market Cap: €15.401b
- Shares outstanding: 1.01b
- Website: https://corporate.arcelormittal.com
Number of Employees
Location
- ArcelorMittal
- 24-26, Boulevard d’Avranches
- Luxembourg City
- 1160
- Luxembourg
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ARRJ | DB (Deutsche Boerse AG) | NY REGISTRY SHS NEW(POST REV SPLT) | DE | EUR | Aug 1997 | |
| 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 | |
| MT N | BMV (Bolsa Mexicana de Valores) | NY REGISTRY SHS NEW(POST REV SPLT) | MX | MXN | Aug 1997 | |
| ARRD | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Aug 1997 |
| MT | ENXTAM (Euronext Amsterdam) | Yes | Common Stock | NL | EUR | Aug 1997 |
| 0RP9 | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Aug 1997 |
| MTS | BME (Bolsas y Mercados Espanoles) | Yes | Common Stock | ES | EUR | Aug 1997 |
| MTL | BDL (Bourse de Luxembourg) | Yes | Common Stock | LU | EUR | Aug 1997 |
| AMSY.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Aug 1997 |
| ARRD | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1997 |
| MT | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | 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 |
Biography
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, Br ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/22 23:54 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.