Valuation ArcelorMittal

Equities

Real-time Euronext Amsterdam Other stock markets 06:41:41 2025-01-13 am EST			5-day change	1st Jan Change
21.35 ^EUR	-1.29%		-0.79%	-4.81%

Jan. 10	ARCELORMITTAL : Goldman Sachs reaffirms its Neutral rating	ZD
Jan. 10	ARCELORMITTAL : Deutsche Bank keeps its Buy rating	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	17,764	24,634	29,173	21,431	23,782	17,386	17,386	-
Change	-	38.67%	18.43%	-26.54%	10.97%	-26.89%	0%	-
Enterprise Value (EV) ¹	27,109	31,014	33,203	23,667	26,680	22,628	22,814	22,629
Change	-	14.4%	7.06%	-28.72%	12.73%	-15.19%	0.82%	-0.81%
P/E ratio	-7.25x	-36.1x	2.37x	2.58x	26x	7.99x	5.78x	4.39x
PBR	0.46x	0.69x	0.59x	0.4x	0.43x	0.32x	0.3x	0.28x
PEG	-	0.5x	-0x	-0.1x	-0.3x	0x	0.2x	0.1x
Capitalization / Revenue	0.25x	0.46x	0.38x	0.27x	0.35x	0.28x	0.28x	0.27x
EV / Revenue	0.38x	0.58x	0.43x	0.3x	0.39x	0.36x	0.36x	0.35x
EV / EBITDA	5.22x	7.21x	1.71x	1.67x	3.53x	3.32x	3.17x	2.82x
EV / EBIT	-43.2x	14.7x	1.97x	2.04x	11.4x	5.65x	5.44x	4.58x
EV / FCF	11.1x	18.9x	4.81x	3.51x	8.8x	47.2x	43.8x	17.2x
FCF Yield	9.02%	5.3%	20.8%	28.5%	11.4%	2.12%	2.28%	5.8%
Dividend per Share ²	0.3	0.3	0.38	0.4	0.5	0.519	0.5349	0.5592
Rate of return	1.71%	1.3%	1.19%	1.52%	1.76%	2.34%	2.42%	2.53%
EPS ²	-2.42	-0.64	13.49	10.18	1.09	2.772	3.83	5.042
Distribution rate	-12.4%	-46.9%	2.82%	3.93%	45.9%	18.7%	14%	11.1%
Net sales ¹	70,615	53,270	76,571	79,844	68,275	62,840	62,916	64,553
EBITDA ¹	5,195	4,301	19,404	14,161	7,558	6,813	7,186	8,018
EBIT ¹	-627	2,110	16,881	11,581	2,340	4,002	4,192	4,942
Net income ¹	-2,454	-733	14,956	9,302	919	2,200	3,036	3,788
Net Debt ¹	9,345	6,380	4,030	2,236	2,898	5,242	5,428	5,243
Reference price ²	17.55	23.09	32.01	26.26	28.38	22.14	22.14	22.14
Nbr of stocks (in thousands)	1,012,004	1,066,637	911,415	816,000	838,000	785,388	785,388	-
Announcement Date	2/6/20	2/11/21	2/10/22	2/9/23	2/8/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio (Y)	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
ARCELORMITTAL	7.99x	0.36x	3.32x	+2.34%	17.39B
NUCOR CORPORATION	14.74x	1x	7.2x	+1.83%	27.75B
NIPPON STEEL CORPORATION	9.84x	0.61x	5.5x	+5.26%	20.15B
TATA STEEL LIMITED	25.33x	1.08x	9.18x	+2.87%	18.46B
STEEL DYNAMICS, INC.	11.96x	1.14x	8.06x	+1.58%	17.71B
POSCO HOLDINGS INC.	11.96x	0.42x	4.51x	+3.82%	13.37B
CARPENTER TECHNOLOGY CORPORATION	26.8x	3.24x	15.18x	+0.45%	9.27B
LLOYDS METALS AND ENERGY LIMITED	39.2x	8.88x	28.48x	+0.14%	8.81B
UNITED STATES STEEL CORPORATION	22.01x	0.66x	7.93x	+0.58%	7.71B
JFE HOLDINGS, INC.	7.99x	0.54x	6.09x	+5.76%	6.99B
Average	17.78x	1.79x	9.55x	+2.46%	14.76B
Weighted average by Cap.	16.29x	1.42x	8.37x	+2.57%