ArcelorMittal SA
AEX:MT

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ArcelorMittal SA Logo
ArcelorMittal SA
AEX:MT
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Price: 22.12 EUR -0.63%
Market Cap: 18.9B EUR
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Relative Value

The Relative Value of one MT stock under the Base Case scenario is 45.92 EUR. Compared to the current market price of 22.12 EUR, ArcelorMittal SA is Undervalued by 52%.

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
45.92 EUR
Undervaluation 52%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
53
vs Industry
83
Median 3Y
0.3
Median 5Y
0.3
Industry
1.7
Forward
0.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
9
Median 3Y
2.2
Median 5Y
1.9
Industry
15.4
Forward
7
More Details
3.3
P/OCF
P/OCF
Price to OCF
3.3
vs History
30
vs Industry
29
Median 3Y
2.7
Median 5Y
2.8
Industry
9.1
More Details
15.8
P/FCFE
P/FCFE
Price to FCFE
15.8
vs History
28
vs Industry
3
Median 3Y
6.1
Median 5Y
5.8
Industry
15
More Details
0.4
P/B
P/B
Price to Book Value
0.4
vs History
79
vs Industry
78
Median 3Y
0.4
Median 5Y
0.4
Industry
1.4
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
33
vs Industry
83
Median 3Y
0.4
Median 5Y
0.3
Industry
2.1
Forward
0.4
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
3.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
3.7
vs History
38
vs Industry
28
Median 3Y
2.7
Median 5Y
3.3
Industry
9.9
Forward
3.3
More Details
6.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
6.6
vs History
26
vs Industry
25
Median 3Y
2.5
Median 5Y
4.3
Industry
12.6
Forward
5.7
More Details
4
EV/OCF
EV/OCF
Enterprise Value to OCF
4
vs History
28
vs Industry
29
Median 3Y
2.9
Median 5Y
3.2
Industry
10.3
More Details
23
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
23
vs History
9
vs Industry
14
Median 3Y
5.8
Median 5Y
7.5
Industry
13
More Details
0.3
EV/IC
EV/IC
Enterprise Value to IC
0.3
vs History
65
vs Industry
77
Median 3Y
0.3
Median 5Y
0.3
Industry
1.3
More Details

Multiples Across Competitors

MT Competitors Multiples
ArcelorMittal SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
ArcelorMittal SA
AEX:MT
18.2B EUR 0.3 -15.3 3.7 6.6
ZA
Kumba Iron Ore Ltd
JSE:KIO
102.6B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
233.2B BRL 1.1 4.8 3.3 4
AU
Fortescue Metals Group Ltd
ASX:FMG
56.6B AUD 1.9 6.2 4.2 4.2
AU
Fortescue Ltd
XMUN:FVJ
33.6B EUR 1.9 6.2 4.1 4.1
US
Nucor Corp
NYSE:NUE
27.4B USD 0.7 8.2 4.6 5.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR 1.3 45.8 12 18.6
IN
Tata Steel Ltd
NSE:TATASTEEL
1.8T INR 0.8 -43 9.4 16.2
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
150B CNY 0.5 15.8 15.2 15.2
JP
Nippon Steel Corp
TSE:5401
3.1T JPY 0.3 6.3 5.3 8.8
US
Steel Dynamics Inc
NASDAQ:STLD
17.9B USD 1 10.2 7.1 8.5
P/E Multiple
Earnings Growth P/E to Growth
LU
ArcelorMittal SA
AEX:MT
Average P/E: 12.9
Negative Multiple: -15.3
371%
N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-35%
N/A
BR
Vale SA
BOVESPA:VALE3
4.8
44%
0.1
AU
Fortescue Metals Group Ltd
ASX:FMG
6.2
-53%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
6.2
-53%
N/A
US
Nucor Corp
NYSE:NUE
8.2
-37%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
45.8
115%
0.4
IN
Tata Steel Ltd
NSE:TATASTEEL
Negative Multiple: -43 N/A N/A
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.8
17%
0.9
JP
Nippon Steel Corp
TSE:5401
6.3
19%
0.3
US
Steel Dynamics Inc
NASDAQ:STLD
10.2
-22%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
LU
ArcelorMittal SA
AEX:MT
Average EV/EBITDA: 6.9
3.7
11%
0.3
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-20%
N/A
BR
Vale SA
BOVESPA:VALE3
3.3
17%
0.2
AU
Fortescue Metals Group Ltd
ASX:FMG
4.2
-24%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
4.1
-24%
N/A
US
Nucor Corp
NYSE:NUE
4.6
-21%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
12
53%
0.2
IN
Tata Steel Ltd
NSE:TATASTEEL
9.4
93%
0.1
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.2
211%
0.1
JP
Nippon Steel Corp
TSE:5401
5.3
30%
0.2
US
Steel Dynamics Inc
NASDAQ:STLD
7.1
-13%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
LU
ArcelorMittal SA
AEX:MT
Average EV/EBIT: 9.2
6.6
4%
1.6
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-40%
N/A
BR
Vale SA
BOVESPA:VALE3
4
-5%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
4.2
-49%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
4.1
-49%
N/A
US
Nucor Corp
NYSE:NUE
5.8
-35%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
18.6
63%
0.3
IN
Tata Steel Ltd
NSE:TATASTEEL
16.2
155%
0.1
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.2
39%
0.4
JP
Nippon Steel Corp
TSE:5401
8.8
N/A N/A
US
Steel Dynamics Inc
NASDAQ:STLD
8.5
-23%
N/A

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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