ArcelorMittal SA
AEX:MT

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ArcelorMittal SA Logo
ArcelorMittal SA
AEX:MT
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Price: 26.49 EUR -0.86% Market Closed
Market Cap: 22.6B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MT stock under the Base Case scenario is 45.87 EUR. Compared to the current market price of 26.49 EUR, ArcelorMittal SA is Undervalued by 42%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MT Relative Value
Base Case
45.87 EUR
Undervaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.4
P/S
P/S
Price to Sales
0.4
vs History
7
vs Industry
78
Median 3Y
0.3
Median 5Y
0.3
Industry
1.8
Forward
0.4
More Details
21.3
P/E
P/E
Price to Earnings
21.3
vs History
9
vs Industry
12
Median 3Y
3.8
Median 5Y
2
Industry
16
Forward
7.7
More Details
5.6
P/OCF
P/OCF
Price to OCF
5.6
vs History
1
vs Industry
24
Median 3Y
2.8
Median 5Y
2.8
Industry
9.3
More Details
12.7
P/FCFE
P/FCFE
Price to FCFE
12.7
vs History
38
vs Industry
14
Median 3Y
6.5
Median 5Y
6.1
Industry
15.6
More Details
0.5
P/B
P/B
Price to Book Value
0.5
vs History
20
vs Industry
71
Median 3Y
0.4
Median 5Y
0.4
Industry
1.6
More Details
0.5
EV/S
EV/S
Enterprise Value to Sales
0.5
vs History
7
vs Industry
79
Median 3Y
0.4
Median 5Y
0.4
Industry
2.1
Forward
0.5
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
67
Median 3Y
0
Median 5Y
0
Industry
7.2
More Details
4.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
4.8
vs History
11
vs Industry
26
Median 3Y
3.2
Median 5Y
3.2
Industry
10.2
Forward
3.9
More Details
8.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8.5
vs History
7
vs Industry
21
Median 3Y
5
Median 5Y
3.7
Industry
13
Forward
6.8
More Details
6.3
EV/OCF
EV/OCF
Enterprise Value to OCF
6.3
vs History
1
vs Industry
25
Median 3Y
3
Median 5Y
3.2
Industry
10.5
More Details
62.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
62.7
vs History
0
vs Industry
4
Median 3Y
7.1
Median 5Y
7.1
Industry
13.9
More Details
0.4
EV/IC
EV/IC
Enterprise Value to IC
0.4
vs History
15
vs Industry
73
Median 3Y
0.3
Median 5Y
0.3
Industry
1.4
More Details

Multiples Across Competitors

MT Competitors Multiples
ArcelorMittal SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
ArcelorMittal SA
AEX:MT
22.6B EUR 0.4 21.3 4.8 8.5
ZA
Kumba Iron Ore Ltd
JSE:KIO
94.5B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
224.4B BRL 1.1 7.1 3.8 5
AU
Fortescue Ltd
XMUN:FVJ
26.8B EUR 1.9 7.8 5.3 5.3
AU
Fortescue Metals Group Ltd
ASX:FMG
46.1B AUD 1.8 7.6 5.2 5.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.4T INR 1.4 72.4 13.5 21.8
US
Nucor Corp
NYSE:NUE
27.9B USD 0.9 21 8.7 14.5
IN
Tata Steel Ltd
NSE:TATASTEEL
2T INR 0.9 58 10.3 17.5
JP
Nippon Steel Corp
TSE:5401
3T JPY 0.3 8.5 4.7 8
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
148.2B CNY 0.5 18.8 14.4 14.4
US
Steel Dynamics Inc
NASDAQ:STLD
20.3B USD 1.2 17.4 11.6 15.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
LU
ArcelorMittal SA
AEX:MT
Average EV/EBITDA: 8.2
4.8
12%
0.4
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
12%
N/A
BR
Vale SA
BOVESPA:VALE3
3.8
8%
0.5
AU
F
Fortescue Ltd
XMUN:FVJ
5.3
-9%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.2
-9%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.5
13%
1
US
Nucor Corp
NYSE:NUE
8.7
10%
0.9
IN
Tata Steel Ltd
NSE:TATASTEEL
10.3
19%
0.5
JP
Nippon Steel Corp
TSE:5401
4.7
11%
0.4
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
14.4
57%
0.3
US
Steel Dynamics Inc
NASDAQ:STLD
11.6
12%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
LU
ArcelorMittal SA
AEX:MT
Average EV/EBIT: 11.6
8.5
13%
0.7
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
3%
N/A
BR
Vale SA
BOVESPA:VALE3
5
4%
1.2
AU
F
Fortescue Ltd
XMUN:FVJ
5.3
-25%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.2
-25%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
21.8
15%
1.5
US
Nucor Corp
NYSE:NUE
14.5
13%
1.1
IN
Tata Steel Ltd
NSE:TATASTEEL
17.5
27%
0.6
JP
Nippon Steel Corp
TSE:5401
8
N/A N/A
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
14.4
22%
0.7
US
Steel Dynamics Inc
NASDAQ:STLD
15.6
13%
1.2

See Also

Summary
MT intrinsic value, competitors valuation, and company profile.
DCF Valuation
MT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MT stock valuation using valuation multiples.
Wall Street Estimates
MT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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