(MT) ArcelorMittal - Ratings and Ratios
Steel, Iron Ore, Coal
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.42% |
| Yield on Cost 5y | 2.64% |
| Yield CAGR 5y | 20.66% |
| Payout Consistency | 63.7% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 35.9% |
| Value at Risk 5%th | 49.7% |
| Relative Tail Risk | -15.81% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.82 |
| Alpha | 83.43 |
| CAGR/Max DD | 0.56 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.369 |
| Beta | 0.484 |
| Beta Downside | 0.717 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.54% |
| Mean DD | 16.67% |
| Median DD | 17.53% |
Description: MT ArcelorMittal December 17, 2025
ArcelorMittal S.A. (ticker MT) is a vertically integrated steel and mining group operating across the Americas, Europe, Asia, and Africa. Its product slate spans semi-finished flat and long steel (slabs, coils, bars, rails, tubes) as well as finished items such as hot-dipped and electro-galvanized sheets, tinplate, and color-coated coils, plus mining outputs like iron-ore lumps, pellets and coking coal. Sales are channeled to automotive, appliance, engineering, construction, energy and machinery customers via a centralized marketing function and a network of distributors.
Key recent metrics: 2023 EBITDA was €9.1 bn, yielding an EBITDA margin of roughly 12%-a modest improvement over 2022 as the company trimmed operating costs. Steel demand remains highly correlated with global construction activity, which the World Bank projects to grow 3.5% YoY in 2024, and with automotive production, which is currently rebounding after supply-chain disruptions. Raw-material exposure is a critical driver; iron-ore prices have averaged $115/ton in Q3 2024, while coking-coal costs have risen 8% YoY, pressuring margins unless offset by higher steel prices.
For a deeper, data-driven view of ArcelorMittal’s valuation dynamics, you might find ValueRay’s analytical dashboard worth a look.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 2.58b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -1.00 > 1.0 |
| NWC/Revenue: 14.82% < 20% (prev 15.70%; Δ -0.88% < -1%) |
| CFO/TA 0.04 > 3% & CFO 4.28b > Net Income 2.58b |
| Net Debt (9.13b) to EBITDA (5.03b): 1.82 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (764.0m) vs 12m ago -1.77% < -2% |
| Gross Margin: 76.63% > 18% (prev 0.01%; Δ 7662 % > 0.5%) |
| Asset Turnover: 63.66% > 50% (prev 66.85%; Δ -3.18% > 0%) |
| Interest Coverage Ratio: 4.01 > 6 (EBITDA TTM 5.03b / Interest Expense TTM 564.0m) |
Altman Z'' 3.68
| A: 0.09 (Total Current Assets 32.53b - Total Current Liabilities 23.48b) / Total Assets 98.77b |
| B: 0.48 (Retained Earnings 47.25b / Total Assets 98.77b) |
| C: 0.02 (EBIT TTM 2.26b / Avg Total Assets 95.97b) |
| D: 1.30 (Book Value of Equity 54.60b / Total Liabilities 42.09b) |
| Altman-Z'' Score: 3.68 = AA |
Beneish M -3.95
| DSRI: 1.08 (Receivables 4.50b/4.24b, Revenue 61.09b/62.28b) |
| GMI: 0.01 (GM 76.63% / 1.14%) |
| AQI: 0.89 (AQ_t 0.26 / AQ_t-1 0.30) |
| SGI: 0.98 (Revenue 61.09b / 62.28b) |
| TATA: -0.02 (NI 2.58b - CFO 4.28b) / TA 98.77b) |
| Beneish M-Score: -3.95 (Cap -4..+1) = AAA |
ValueRay F-Score (Strict, 0-100) 43.11
| 1. Piotroski: 5.0pt |
| 2. FCF Yield: 0.11% |
| 3. FCF Margin: 0.09% |
| 4. Debt/Equity: 0.27 |
| 5. Debt/Ebitda: 1.82 |
| 6. ROIC - WACC: -3.03% |
| 7. RoE: 4.94% |
| 8. Revenue Trend: -85.54% |
| 9. EPS Trend: data missing |
What is the price of MT shares?
Over the past week, the price has changed by +11.20%, over one month by +19.57%, over three months by +36.91% and over the past year by +97.39%.
Is MT a buy, sell or hold?
What are the forecasts/targets for the MT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 43 | -7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 56 | 21.1% |
MT Fundamental Data Overview January 24, 2026
Market Cap USD = 41.46b (34.96b EUR * 1.1859 EUR.USD)
P/E Trailing = 15.7973
P/E Forward = 12.6103
P/S = 0.5723
P/B = 0.7536
P/EG = 0.6568
Revenue TTM = 61.09b USD
EBIT TTM = 2.26b USD
EBITDA TTM = 5.03b USD
Long Term Debt = 10.49b USD (from longTermDebt, last quarter)
Short Term Debt = 4.38b USD (from shortTermDebt, last quarter)
Debt = 14.87b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.13b USD (from netDebt column, last quarter)
Enterprise Value = 50.60b USD (41.46b + Debt 14.87b - CCE 5.73b)
Interest Coverage Ratio = 4.01 (Ebit TTM 2.26b / Interest Expense TTM 564.0m)
EV/FCF = 872.4x (Enterprise Value 50.60b / FCF TTM 58.0m)
FCF Yield = 0.11% (FCF TTM 58.0m / Enterprise Value 50.60b)
FCF Margin = 0.09% (FCF TTM 58.0m / Revenue TTM 61.09b)
Net Margin = 4.23% (Net Income TTM 2.58b / Revenue TTM 61.09b)
Gross Margin = 76.63% ((Revenue TTM 61.09b - Cost of Revenue TTM 14.28b) / Revenue TTM)
Gross Margin QoQ = 8.79% (prev 100.0%)
Tobins Q-Ratio = 0.51 (Enterprise Value 50.60b / Total Assets 98.77b)
Interest Expense / Debt = 0.56% (Interest Expense 84.0m / Debt 14.87b)
Taxrate = 20.99% (106.0m / 505.0m)
NOPAT = 1.79b (EBIT 2.26b * (1 - 20.99%))
Current Ratio = 1.39 (Total Current Assets 32.53b / Total Current Liabilities 23.48b)
Debt / Equity = 0.27 (Debt 14.87b / totalStockholderEquity, last quarter 54.60b)
Debt / EBITDA = 1.82 (Net Debt 9.13b / EBITDA 5.03b)
Debt / FCF = 157.5 (Net Debt 9.13b / FCF TTM 58.0m)
Total Stockholder Equity = 52.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.69% (Net Income 2.58b / Total Assets 98.77b)
RoE = 4.94% (Net Income TTM 2.58b / Total Stockholder Equity 52.35b)
RoCE = 3.60% (EBIT 2.26b / Capital Employed (Equity 52.35b + L.T.Debt 10.49b))
RoIC = 2.76% (NOPAT 1.79b / Invested Capital 64.85b)
WACC = 5.79% (E(41.46b)/V(56.33b) * Re(7.70%) + D(14.87b)/V(56.33b) * Rd(0.56%) * (1-Tc(0.21)))
Discount Rate = 7.70% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 58.0m)
Revenue Correlation: -85.54 | Revenue CAGR: -7.30% | SUE: N/A | # QB: 0