Valuation ArcelorMittal

Stocks

Market Closed - Euronext Amsterdam 20:55:00 13/11/2026 +04			5-day change	1st Jan Change
57.02 ^EUR	-3.03%		+4.01%	+45.87%

11-13	Has European steel bottomed out?
11-11	ArcelorMittal's $900 million Brazil expansion plan trudges along as imports weigh on economics	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	29,173	21,431	23,782	18,238	34,909	47,446	-	-
Change	-	-26.54%	10.97%	-23.31%	91.41%	35.91%	-	-
Enterprise Value (EV) ¹	33,203	23,667	26,680	23,317	42,840	55,624	54,490	52,731
Change	-	-28.72%	12.73%	-12.6%	83.73%	29.84%	-2.04%	-3.23%
P/E	2.37x	2.58x	26x	13.7x	11.2x	28x	8.89x	7.93x
PBR	0.59x	0.4x	0.43x	0.36x	0.64x	0.86x	0.79x	0.72x
PEG	-	-0.1x	-0.3x	0.2x	0x	-0.6x	0x	0.7x
Capitalization / Revenue	0.38x	0.27x	0.35x	0.29x	0.57x	0.71x	0.65x	0.63x
EV / Revenue	0.43x	0.3x	0.39x	0.37x	0.7x	0.84x	0.74x	0.7x
EV / EBITDA	1.71x	1.67x	3.53x	3.31x	6.55x	7.11x	5.12x	4.7x
EV / EBIT	1.97x	2.04x	11.4x	7.04x	11.8x	14x	7.67x	7.03x
EV / FCF	4.81x	3.51x	8.8x	52.2x	91x	64.3x	19.8x	14.5x
FCF Yield	20.8%	28.5%	11.4%	1.92%	1.1%	1.55%	5.05%	6.91%
Dividend per Share ²	0.38	0.4	0.5	0.55	0.6	0.6118	0.6559	0.6852
Rate of return	1.19%	1.52%	1.76%	2.37%	1.31%	0.97%	1.04%	1.09%
EPS ²	13.49	10.18	1.09	1.69	4.11	2.249	7.077	7.936
Distribution rate	2.82%	3.93%	45.9%	32.5%	14.6%	27.2%	9.27%	8.63%
Net sales ¹	76,571	79,844	68,275	62,441	61,352	66,491	73,485	74,981
EBITDA ¹	19,404	14,161	7,558	7,053	6,541	7,829	10,632	11,210
EBIT ¹	16,881	11,581	2,340	3,310	3,628	3,968	7,102	7,497
Net income ¹	14,956	9,302	919	1,339	3,152	1,777	5,259	5,593
Net Debt ¹	4,030	2,236	2,898	5,079	7,931	8,179	7,045	5,286
Reference price ²	32.01	26.26	28.38	23.22	45.90	62.92	62.92	62.92
Nbr of stocks (in thousands)	911,415	816,000	838,000	785,388	760,600	754,042	-	-
Announcement Date	10/02/22	09/02/23	08/02/24	06/02/25	05/02/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ARCELORMITTAL	27.97x	0.84x	7.11x	0.97%	47.45B
NUCOR CORPORATION	12.39x	1.44x	7.37x	0.89%	56.63B
VALE S.A.	9.04x	1.51x	4.15x	9.36%	47.93B
JSW STEEL LIMITED	19.26x	1.84x	10.01x	0.58%	34.83B
STEEL DYNAMICS, INC.	13.06x	1.45x	8.5x	0.92%	32.63B
FORTESCUE LTD	17.97x	2.26x	5.68x	3.74%	30.95B
TATA STEEL LIMITED	13.37x	1.18x	6.99x	2.26%	24.76B
NIPPON STEEL CORPORATION	11.53x	0.81x	6.84x	3.46%	22.82B
RELIANCE, INC.	15.95x	1.21x	10.51x	1.16%	21.77B
BAOSHAN IRON & STEEL CO., LTD.	16.35x	0.5x	5.14x	3.3%	20.13B
Average	15.69x	1.30x	7.23x	2.66%	34B
Weighted average by Cap.	15.85x	1.35x	7.11x	2.76%