` Comparison: AMEZ, MT - Alpha Spread

AMEZ
vs
MT

Over the past 12 months, AMEZ has underperformed MT, delivering a return of +5% compared to the MT's +64% growth.

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AMEZ
MT
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Valuation Comparison

AMEZ Intrinsic Value
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MT Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Ashinskiy Metzavod PAO
MOEX:AMEZ
68.05 RUB
ArcelorMittal SA
AEX:MT
38.7 EUR
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
AMEZ, MT

AMEZ
MT
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Ashinskiy Metzavod PAO
Revenue
ArcelorMittal SA
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
AMEZ, MT

AMEZ
MT
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Ashinskiy Metzavod PAO
MOEX:AMEZ
ArcelorMittal SA
AEX:MT
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What is Free Cash Flow?

Gross Margin

AMEZ
20.9%
MT
0%

Operating Margin

AMEZ
11.1%
MT
5.2%

Net Margin

AMEZ
12.9%
MT
4.2%

FCF Margin

AMEZ
-16.1%
MT
0.1%

ROE

AMEZ
18.5%
MT
4.8%

ROA

AMEZ
10.5%
MT
2.7%

ROIC

AMEZ
15.4%
MT
2.7%

ROCE

AMEZ
14.8%
MT
4.3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
AMEZ, MT

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Performance Gap
AMEZ, MT

Performance Gap Between AMEZ and MT
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Performance By Year
AMEZ, MT

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AMEZ
MT
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