ArcelorMittal S.A. (MT)
Total Valuation
ArcelorMittal has a market cap or net worth of $21.35 billion. The enterprise value is $23.59 billion.
| Market Cap | 21.35B |
| Enterprise Value | 23.59B |
Important Dates
The last earnings date was Thursday, November 9, 2023, before market open.
| Earnings Date | Nov 9, 2023 |
| Ex-Dividend Date | Nov 13, 2023 |
Share Statistics
ArcelorMittal has 839.24 million shares outstanding. The number of shares has decreased by -15.72% in one year.
| Shares Outstanding | 839.24M |
| Shares Change (YoY) | -15.72% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 5.12% |
| Float | 506.66M |
Valuation Ratios
The trailing PE ratio is 5.07 and the forward PE ratio is 6.51. ArcelorMittal's PEG ratio is 0.65.
| PE Ratio | 5.07 |
| Forward PE | 6.51 |
| PS Ratio | 0.27 |
| Forward PS | n/a |
| PB Ratio | 0.40 |
| P/FCF Ratio | 3.17 |
| PEG Ratio | 0.65 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 1.69, with an EV/FCF ratio of 3.50.
| EV / Earnings | 2.54 |
| EV / Sales | 0.30 |
| EV / EBITDA | 1.69 |
| EV / EBIT | 2.08 |
| EV / FCF | 3.50 |
Financial Position
The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.22.
| Current Ratio | 1.66 |
| Quick Ratio | 0.59 |
| Debt / Equity | 0.22 |
| Debt / EBITDA | 0.84 |
| Debt / FCF | 1.73 |
| Interest Coverage | 33.99 |
Financial Efficiency
Return on equity (ROE) is 18.20% and return on invested capital (ROIC) is 13.38%.
| Return on Equity (ROE) | 18.20% |
| Return on Assets (ROA) | 10.10% |
| Return on Capital (ROIC) | 13.38% |
| Revenue Per Employee | $517,285 |
| Profits Per Employee | $60,265 |
| Employee Count | 154,352 |
| Asset Turnover | 0.86 |
| Inventory Turnover | 3.30 |
Taxes
In the past 12 months, ArcelorMittal has paid $1.72 billion in taxes.
| Income Tax | 1.72B |
| Effective Tax Rate | 15.58% |
Stock Price Statistics
The stock price has decreased by -4.00% in the last 52 weeks. The beta is 1.88, so ArcelorMittal's price volatility has been higher than the market average.
| Beta (1Y) | 1.88 |
| 52-Week Price Change | -4.00% |
| 50-Day Moving Average | 23.47 |
| 200-Day Moving Average | 26.57 |
| Relative Strength Index (RSI) | 68.97 |
| Average Volume (30 Days) | 2,032,825 |
Short Selling Information
| Short Interest | 5.50M |
| Short Previous Month | 4.36M |
| Short % of Shares Out | 0.66% |
| Short % of Float | 1.09% |
| Short Ratio (days to cover) | 1.99 |
Income Statement
In the last 12 months, ArcelorMittal had revenue of $79.84 billion and earned $9.30 billion in profits. Earnings per share was $5.02.
| Revenue | 79.84B |
| Gross Profit | 12.54B |
| Operating Income | 10.27B |
| Pretax Income | 11.02B |
| Net Income | 9.30B |
| EBITDA | 13.93B |
| EBIT | 11.35B |
| Earnings Per Share (EPS) | $5.02 |
Balance Sheet
The company has $9.41 billion in cash and $11.65 billion in debt, giving a net cash position of -$2.24 billion or -$2.66 per share.
| Cash & Cash Equivalents | 9.41B |
| Total Debt | 11.65B |
| Net Cash | -2.24B |
| Net Cash Per Share | -$2.66 |
| Equity / Book Value | 53.15B |
| Book Value Per Share | 63.33 |
| Working Capital | 14.72B |
Cash Flow
In the last 12 months, operating cash flow was $10.20 billion and capital expenditures -$3.47 billion, giving a free cash flow of $6.74 billion.
| Operating Cash Flow | 10.20B |
| Capital Expenditures | -3.47B |
| Free Cash Flow | 6.74B |
| FCF Per Share | $7.39 |
Margins
Gross margin is 15.70%, with operating and profit margins of 12.87% and 11.65%.
| Gross Margin | 15.70% |
| Operating Margin | 12.87% |
| Pretax Margin | 13.80% |
| Profit Margin | 11.65% |
| EBITDA Margin | 17.45% |
| EBIT Margin | 14.22% |
| FCF Margin | 8.44% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 1.73%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 1.73% |
| Earnings Yield | 43.57% |
| FCF Yield | 31.55% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | 8.76% |
| Buyback Yield | 15.72% |
| Shareholder Yield | 17.45% |
Analyst Forecast
The average price target for ArcelorMittal is $38.00, which is 49.37% higher than the current price. The consensus rating is "Buy".
| Price Target | $38.00 |
| Price Target Difference | 49.37% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 22, 2017. It was a reverse split with a ratio of 1:3.
| Last Split Date | May 22, 2017 |
| Split Type | Reverse |
| Split Ratio | 1:3 |
Scores
ArcelorMittal has an Altman Z-Score of 2.43 and a Piotroski F-Score of 9. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.43 |
| Piotroski F-Score | 9 |