Is ArcelorMittal Stock a Good Investment?
ArcelorMittal Investment Advice | MT |
- Examine ArcelorMittal's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ArcelorMittal's leadership team and their track record. Good management can help ArcelorMittal navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact ArcelorMittal's business and its evolving consumer preferences.
- Compare ArcelorMittal's performance and market position to its competitors. Analyze how ArcelorMittal is positioned in terms of product offerings, innovation, and market share.
- Check if ArcelorMittal pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ArcelorMittal's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ArcelorMittal SA ADR stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ArcelorMittal SA ADR is a good investment.
Sell | Buy |
Sell
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine ArcelorMittal Stock
Researching ArcelorMittal's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book ratio of 0.37. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ArcelorMittal SA ADR has Price/Earnings To Growth (PEG) ratio of 0.66. The entity recorded a loss per share of 1.32. The firm last dividend was issued on the 12th of November 2024. ArcelorMittal had 1:3 split on the 22nd of May 2017.
To determine if ArcelorMittal is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ArcelorMittal's research are outlined below:
| Latest headline from seekingalpha.com: ArcelorMittal says will delay planned green spending in EU - Reuters |
ArcelorMittal Quarterly Good Will |
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ArcelorMittal uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ArcelorMittal SA ADR. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ArcelorMittal's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact ArcelorMittal's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ArcelorMittal's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-11-05 | 2020-09-30 | -0.17 | -0.19 | -0.02 | 11 | ||
2014-08-01 | 2014-06-30 | 0.11 | 0.07 | -0.04 | 36 | ||
1999-03-02 | 1998-12-31 | 0.45 | 0.39 | -0.06 | 13 | ||
2015-11-06 | 2015-09-30 | -0.16 | -0.09 | 0.07 | 43 | ||
2021-02-15 | 2020-12-31 | 0.08 | 0.19 | 0.11 | 137 | ||
2016-05-06 | 2016-03-31 | -0.19 | -0.3 | -0.11 | 57 | ||
2016-02-05 | 2015-12-31 | -0.59 | -0.48 | 0.11 | 18 | ||
2024-08-01 | 2024-06-30 | 0.75 | 0.63 | -0.12 | 16 |
Know ArcelorMittal's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ArcelorMittal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ArcelorMittal SA ADR backward and forwards among themselves. ArcelorMittal's institutional investor refers to the entity that pools money to purchase ArcelorMittal's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 876 K | Bank Of New York Mellon Corp | 2024-06-30 | 822.4 K | Voloridge Investment Management, Llc | 2024-09-30 | 759 K | Schonfeld Strategic Advisors Llc | 2024-09-30 | 511.1 K | Towle & Co | 2024-09-30 | 510.4 K | Capital Fund Management Sa | 2024-09-30 | 388.8 K | Robotti Robert | 2024-06-30 | 367.7 K | Balyasny Asset Management Llc | 2024-09-30 | 348.5 K | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 326.7 K | Key Group Holdings (cayman), Ltd. | 2024-09-30 | 3.8 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.5 M |
ArcelorMittal's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 19.61 B.Market Cap |
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ArcelorMittal's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Determining ArcelorMittal's profitability involves analyzing its financial statements and using various financial metrics to determine if ArcelorMittal is a good buy. For example, gross profit margin measures ArcelorMittal's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ArcelorMittal's profitability and make more informed investment decisions.
ArcelorMittal's Earnings Breakdown by Geography
Please note, the imprecision that can be found in ArcelorMittal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ArcelorMittal SA ADR. Check ArcelorMittal's Beneish M Score to see the likelihood of ArcelorMittal's management manipulating its earnings.
Evaluate ArcelorMittal's management efficiency
ArcelorMittal SA ADR has Return on Asset (ROA) of 0.0114 % which means that for every $100 of assets, it generated a profit of $0.0114. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0213) %, which implies that it produced no returns to current stockholders. ArcelorMittal's management efficiency ratios could be used to measure how well ArcelorMittal manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to drop to 0.03 in 2024. Non Current Liabilities Total is likely to gain to about 23.3 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 18.3 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 66.59 | 42.38 | |
| Tangible Book Value Per Share | 60.53 | 35.07 | |
| Enterprise Value Over EBITDA | 5.77 | 5.49 | |
| Price Book Value Ratio | 0.44 | 0.42 | |
| Enterprise Value Multiple | 5.77 | 5.49 | |
| Price Fair Value | 0.44 | 0.42 | |
| Enterprise Value | 26.9 B | 28.3 B |
Understanding the operational decisions made by ArcelorMittal management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0199 | Forward Dividend Yield 0.0199 | Forward Dividend Rate 0.5 | Beta 1.741 |
Basic technical analysis of ArcelorMittal Stock
As of the 24th of November, ArcelorMittal shows the mean deviation of 1.5, and Risk Adjusted Performance of 0.0706. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of ArcelorMittal, as well as the relationship between them.ArcelorMittal's Outstanding Corporate Bonds
ArcelorMittal issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ArcelorMittal SA ADR uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ArcelorMittal bonds can be classified according to their maturity, which is the date when ArcelorMittal SA ADR has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| ARCH CAPITAL GROUP Corp BondUS03939AAA51 | View | |
| ARCH CAP GROUP Corp BondUS03937LAA35 | View | |
| ARCH CAP GROUP Corp BondUS03938JAA79 | View | |
| ARCH CAP FIN Corp BondUS03939CAB90 | View | |
| ARCH CAP FIN Corp BondUS03939CAA18 | View | |
| ARCELORMITTAL LUXEMBOURG 6125 Corp BondUS03938LAZ76 | View | |
| ARCELORMITTAL LUXEMBOURG 675 Corp BondUS03938LAS34 | View | |
| ArcelorMittal 7 percent Corp BondUS03938LAP94 | View |
Understand ArcelorMittal's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ArcelorMittal's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0706 | |||
| Market Risk Adjusted Performance | 0.1956 | |||
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.91 | |||
| Downside Deviation | 2.02 | |||
| Coefficient Of Variation | 1191.89 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.14 | |||
| Information Ratio | 0.0196 | |||
| Jensen Alpha | 0.0562 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0197 | |||
| Treynor Ratio | 0.1856 | |||
| Maximum Drawdown | 9.08 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 3.83 | |||
| Downside Variance | 4.1 | |||
| Semi Variance | 3.66 | |||
| Expected Short fall | (1.59) | |||
| Skewness | (0.07) | |||
| Kurtosis | 1.42 |
| Risk Adjusted Performance | 0.0706 | |||
| Market Risk Adjusted Performance | 0.1956 | |||
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.91 | |||
| Downside Deviation | 2.02 | |||
| Coefficient Of Variation | 1191.89 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.14 | |||
| Information Ratio | 0.0196 | |||
| Jensen Alpha | 0.0562 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0197 | |||
| Treynor Ratio | 0.1856 | |||
| Maximum Drawdown | 9.08 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 3.83 | |||
| Downside Variance | 4.1 | |||
| Semi Variance | 3.66 | |||
| Expected Short fall | (1.59) | |||
| Skewness | (0.07) | |||
| Kurtosis | 1.42 |
Consider ArcelorMittal's intraday indicators
ArcelorMittal intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ArcelorMittal stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ArcelorMittal Corporate Filings
6K | 15th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 26th of September 2024 Other Reports | ViewVerify | |
13A | 8th of July 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 12th of June 2024 Other Reports | ViewVerify |
ArcelorMittal Stock media impact
Far too much social signal, news, headlines, and media speculation about ArcelorMittal that are available to investors today. That information is available publicly through ArcelorMittal media outlets and privately through word of mouth or via ArcelorMittal internal channels. However, regardless of the origin, that massive amount of ArcelorMittal data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ArcelorMittal news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ArcelorMittal relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ArcelorMittal's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ArcelorMittal alpha.
ArcelorMittal Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ArcelorMittal can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ArcelorMittal Corporate Directors
| Bruno Lafont | Lead Non-Executive Independent Director | Profile | |
| Tye Burt | Non-Executive Independent Director | Profile | |
| Henk Scheffer | Secretary to the Company and Board of Directors | Profile | |
| Karel Gucht | Non-Executive Independent Director | Profile |
Additional Tools for ArcelorMittal Stock Analysis
When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.