ACL Stock Overview
ArcelorMittal South Africa Ltd, together with its subsidiaries, manufactures and sells long and flat steel products.
ArcelorMittal South Africa Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R9.97|
|52 Week High||R11.34|
|52 Week Low||R1.30|
|1 Month Change||11.27%|
|3 Month Change||53.39%|
|1 Year Change||597.20%|
|3 Year Change||174.66%|
|5 Year Change||-23.19%|
|Change since IPO||-54.27%|
Recent News & Updates
One ArcelorMittal South Africa Ltd (JSE:ACL) Analyst Just Slashed Their 2021 Revenue Estimates
Today is shaping up negative for ArcelorMittal South Africa Ltd ( JSE:ACL ) shareholders, with the covering analyst...
We Think ArcelorMittal South Africa's (JSE:ACL) Healthy Earnings Might Be Conservative
The stock was sluggish on the back of ArcelorMittal South Africa Ltd's ( JSE:ACL ) recent earnings report. We have done...
|ACL||ZA Metals and Mining||ZA Market|
Return vs Industry: ACL exceeded the ZA Metals and Mining industry which returned 3.4% over the past year.
Return vs Market: ACL exceeded the ZA Market which returned 13.9% over the past year.
|ACL Average Weekly Movement||8.0%|
|Metals and Mining Industry Average Movement||7.0%|
|Market Average Movement||5.7%|
|10% most volatile stocks in ZA Market||12.1%|
|10% least volatile stocks in ZA Market||3.3%|
Stable Share Price: ACL is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ACL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
ArcelorMittal South Africa Ltd, together with its subsidiaries, manufactures and sells long and flat steel products. The company operates through Flat Steel Products, Long Steel Products, and Coke and Chemicals segments. It offers flat steel products, including hot rolled plates, hot and cold rolled coils, galvanized coils, color coils, electrogalvanized coils, and tinplate coils.
ArcelorMittal South Africa Fundamentals Summary
|ACL fundamental statistics|
Is ACL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ACL income statement (TTM)|
|Cost of Revenue||R18.88b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.32|
|Net Profit Margin||8.28%|
How did ACL perform over the long term?See historical performance and comparison
Is ArcelorMittal South Africa 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: ACL (ZAR9.97) is trading below our estimate of fair value (ZAR79.64)
Significantly Below Fair Value: ACL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ACL is good value based on its PE Ratio (4.3x) compared to the ZA Metals and Mining industry average (6x).
PE vs Market: ACL is good value based on its PE Ratio (4.3x) compared to the ZA market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ACL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACL is overvalued based on its PB Ratio (2.4x) compared to the ZA Metals and Mining industry average (1.3x).
How is ArcelorMittal South Africa forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ACL's forecast earnings growth is above the savings rate (8.8%).
Earnings vs Market: Insufficient data to determine if ACL's earnings are forecast to grow faster than the ZA market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ACL's revenue (5.7% per year) is forecast to grow slower than the ZA market (6.3% per year).
High Growth Revenue: ACL's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ACL's Return on Equity is forecast to be high in 3 years time
How has ArcelorMittal South Africa performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACL has high quality earnings.
Growing Profit Margin: ACL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ACL has become profitable over the past 5 years, growing earnings by 29.4% per year.
Accelerating Growth: ACL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ACL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (218.4%).
Return on Equity
High ROE: Whilst ACL's Return on Equity (56.15%) is outstanding, this metric is skewed due to their high level of debt.
How is ArcelorMittal South Africa's financial position?
Financial Position Analysis
Short Term Liabilities: ACL's short term assets (ZAR16.0B) exceed its short term liabilities (ZAR13.9B).
Long Term Liabilities: ACL's short term assets (ZAR16.0B) exceed its long term liabilities (ZAR6.7B).
Debt to Equity History and Analysis
Debt Level: ACL's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: ACL's debt to equity ratio has increased from 10.1% to 147.4% over the past 5 years.
Debt Coverage: ACL's debt is well covered by operating cash flow (29.7%).
Interest Coverage: ACL's interest payments on its debt are well covered by EBIT (13x coverage).
What is ArcelorMittal South Africa current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ACL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ACL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ACL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ACL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ACL is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ACL's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kobus Verster (55 yo)
Mr. Hendrik Jacobus Verster, also known as Kobus, has been Vice President of ArcelorMittal since 2018. He served as Chairman at McConnell Dowell Corporation Limited. He serves as Executive Director of Arce...
CEO Compensation Analysis
Compensation vs Market: Kobus's total compensation ($USD581.41K) is below average for companies of similar size in the ZA market ($USD862.79K).
Compensation vs Earnings: Kobus's compensation has been consistent with company performance over the past year.
Experienced Management: ACL's management team is considered experienced (2.7 years average tenure).
Experienced Board: ACL's board of directors are considered experienced (4.6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ArcelorMittal South Africa Ltd's employee growth, exchange listings and data sources
- Name: ArcelorMittal South Africa Ltd
- Ticker: ACL
- Exchange: JSE
- Founded: 1928
- Industry: Steel
- Sector: Materials
- Implied Market Cap: R11.113b
- Shares outstanding: 1.11b
- Website: https://www.arcelormittalsa.com
Number of Employees
- ArcelorMittal South Africa Ltd
- Delfos Boulevard
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 17:00|
|End of Day Share Price||2022/01/21 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.