(MT) ArcelorMittal - Ratings and Ratios

Exchange: NYSE • Country: Luxembourg • Currency: USD • Type: Common Stock • ISIN: US03938L2034

Slabs, Coils, Plates, Bars, Pellets

Dividends

Dividend Yield 1.28%
Yield on Cost 5y 3.27%
Yield CAGR 5y 18.56%
Payout Consistency 56.8%
Payout Ratio 15.7%
Risk via 10d forecast
Volatility 32.8%
Value at Risk 5%th 50.1%
Relative Tail Risk -7.23%
Reward TTM
Sharpe Ratio 1.58
Alpha 58.12
CAGR/Max DD 0.58
Character TTM
Hurst Exponent 0.442
Beta 1.200
Beta Downside 1.229
Drawdowns 3y
Max DD 33.14%
Mean DD 14.89%
Median DD 15.25%

Description: MT ArcelorMittal October 14, 2025

ArcelorMittel S.A. (NYSE: MT) is a globally integrated steel and mining group with operations spanning the Americas, Europe, Asia, and Africa. Its product portfolio covers semi-finished flat and long steel (slabs, coils, plates, bars, rails, etc.), specialty coated steel (hot-dipped, electro-galvanized, tinplate, color-coated), and seamless or welded pipe/tube solutions, alongside mining outputs such as iron-ore concentrates, pellets and coking coal.

The company sells to end-markets that drive steel demand-automotive, appliances, engineering, construction, energy and machinery-through a centralized marketing organization and a network of distributors. Its iron-ore mining footprint includes Brazil, Bosnia, Liberia, Mexico, South Africa, Ukraine, India and Canada, providing a degree of vertical integration that can mitigate raw-material price volatility.

Key quantitative signals (FY 2023) include: ≈ 71 million metric tons of steel produced, a net-debt-to-EBITDA ratio of roughly 2.1×, and an operating margin of about 9 % after a 2022-23 price-recovery cycle in the European market. The steel sector remains highly sensitive to macro-economic variables such as global construction activity (a primary demand driver) and the price of coking coal, which accounts for ~ 30 % of total input costs.

Assuming the ongoing decarbonisation push accelerates demand for higher-grade, low-carbon steel, ArcelorMittal’s diversified product mix and mining integration could confer a relative cost advantage; however, the outlook is contingent on geopolitical stability in key mining regions (e.g., Ukraine) and the trajectory of global steel tariffs.

For a deeper quantitative assessment of MT’s valuation metrics, you may find the ValueRay platform’s analyst toolkit useful.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (2.58b TTM) > 0 and > 6% of Revenue (6% = 3.67b TTM)
FCFTA 0.00 (>2.0%) and ΔFCFTA 0.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 14.82% (prev 15.70%; Δ -0.88pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.04 (>3.0%) and CFO 4.28b > Net Income 2.58b (YES >=105%, WARN >=100%)
Net Debt (9.13b) to EBITDA (5.04b) ratio: 1.81 <= 3.0 (WARN <= 3.5)
Current Ratio 1.39 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (764.0m) change vs 12m ago -2.18% (target <= -2.0% for YES)
Gross Margin 54.93% (prev -42.92%; Δ 97.85pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 63.66% (prev 66.85%; Δ -3.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 3.97 (EBITDA TTM 5.04b / Interest Expense TTM 564.0m) >= 6 (WARN >= 3)

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 (Balance) 47.25b / Total Assets 98.77b
(C) 0.02 = EBIT TTM 2.24b / Avg Total Assets 95.97b
(D) 1.30 = Book Value of Equity 54.60b / Total Liabilities 42.09b
Total Rating: 3.68 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 37.94

1. Piotroski 5.50pt
2. FCF Yield 0.15%
3. FCF Margin 0.09%
4. Debt/Equity 0.27
5. Debt/Ebitda 1.81
6. ROIC - WACC (= -4.44)%
7. RoE 4.94%
8. Rev. Trend -85.52%
9. EPS Trend -78.62%

What is the price of MT shares?

As of December 01, 2025, the stock is trading at USD 43.12 with a total of 565,214 shares traded.
Over the past week, the price has changed by +6.15%, over one month by +13.98%, over three months by +33.83% and over the past year by +71.64%.

Is MT a buy, sell or hold?

ArcelorMittal has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MT.
  • Strong Buy: 2
  • Buy: 2
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MT price?

Issuer Target Up/Down from current
Wallstreet Target Price 41.5 -3.8%
Analysts Target Price 41.5 -3.8%
ValueRay Target Price 50.3 16.7%

MT Fundamental Data Overview November 25, 2025

Market Cap USD = 30.58b (30.58b USD * 1.0 USD.USD)
P/E Trailing = 11.7029
P/E Forward = 9.2764
P/S = 0.5005
P/B = 0.5542
P/EG = 0.6602
Beta = 1.684
Revenue TTM = 61.09b USD
EBIT TTM = 2.24b USD
EBITDA TTM = 5.04b 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 = 39.71b USD (30.58b + Debt 14.87b - CCE 5.73b)
Interest Coverage Ratio = 3.97 (Ebit TTM 2.24b / Interest Expense TTM 564.0m)
FCF Yield = 0.15% (FCF TTM 58.0m / Enterprise Value 39.71b)
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 = 54.93% ((Revenue TTM 61.09b - Cost of Revenue TTM 27.53b) / Revenue TTM)
Gross Margin QoQ = 8.79% (prev 100.0%)
Tobins Q-Ratio = 0.40 (Enterprise Value 39.71b / Total Assets 98.77b)
Interest Expense / Debt = 0.56% (Interest Expense 84.0m / Debt 14.87b)
Taxrate = 20.99% (106.0m / 505.0m)
NOPAT = 1.77b (EBIT 2.24b * (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 = 1.81 (Net Debt 9.13b / EBITDA 5.04b)
Debt / FCF = 157.5 (Net Debt 9.13b / FCF TTM 58.0m)
Total Stockholder Equity = 52.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.62% (Net Income 2.58b / Total Assets 98.77b)
RoE = 4.94% (Net Income TTM 2.58b / Total Stockholder Equity 52.35b)
RoCE = 3.56% (EBIT 2.24b / Capital Employed (Equity 52.35b + L.T.Debt 10.49b))
RoIC = 2.73% (NOPAT 1.77b / Invested Capital 64.85b)
WACC = 7.17% (E(30.58b)/V(45.45b) * Re(10.44%) + D(14.87b)/V(45.45b) * Rd(0.56%) * (1-Tc(0.21)))
Discount Rate = 10.44% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.43%
[DCF Debug] Terminal Value 60.47% ; FCFE base≈58.0m ; Y1≈38.1m ; Y5≈17.4m
Fair Price DCF = 0.32 (DCF Value 242.6m / Shares Outstanding 760.5m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -78.62 | EPS CAGR: -38.85% | SUE: 0.0 | # QB: 0
Revenue Correlation: -85.52 | Revenue CAGR: -7.30% | SUE: 0.04 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.14 | Chg30d=-0.050 | Revisions Net=-1 | Analysts=2
EPS current Year (2025-12-31): EPS=3.89 | Chg30d=+0.002 | Revisions Net=-2 | Growth EPS=+31.9% | Growth Revenue=-0.7%
EPS next Year (2026-12-31): EPS=4.83 | Chg30d=+0.151 | Revisions Net=+1 | Growth EPS=+24.1% | Growth Revenue=+7.3%

Additional Sources for MT Stock

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