ArcelorMittal Fundamentals
MT Stock  USD 28.35 1.36 5.04% 
ArcelorMittal SA ADR fundamentals help investors to digest information that contributes to ArcelorMittal's financial success or failures. It also enables traders to predict the movement of ArcelorMittal Stock. The fundamental analysis module provides a way to measure ArcelorMittal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ArcelorMittal stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. ArcelorMittal  Select Account or Indicator 
ArcelorMittal Total Debt Analysis
ArcelorMittal's Total Debt refers to the amount of long term interestbearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
More About Total Debt  All Equity Analysis
ArcelorMittal Total Debt 

Total Debt  =  Bonds  +  Notes 
Current ArcelorMittal Total Debt  9.07 B 
Most of ArcelorMittal's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ArcelorMittal SA ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ArcelorMittal Total Debt Historical Pattern
Today, most investors in ArcelorMittal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ArcelorMittal's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ArcelorMittal total debt as a starting point in their analysis.
ArcelorMittal Total Debt 
Timeline 
In most industries, total debt may also include the current portion of longterm debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition 
ArcelorMittal Total Debt
Total Debt 

Based on the latest financial disclosure, ArcelorMittal SA ADR has a Total Debt of 9.07 B. This is 338.91% higher than that of the Metals & Mining sector and 140.93% higher than that of the Materials industry. The total debt for all United States stocks is 70.52% lower than that of the firm.
ArcelorMittal SA ADR Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ArcelorMittal's current stock value. Our valuation model uses many indicators to compare ArcelorMittal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ArcelorMittal competition to find correlations between indicators driving ArcelorMittal's intrinsic value. More Info.ArcelorMittal SA ADR is considered to be number one stock in price to earning category among related companies. It is rated top company in revenue category among related companies totaling about 42,697,326,203 of Revenue per Price to Earning. ArcelorMittal Revenues is comparatively stable at the moment as compared to the past year. ArcelorMittal reported Revenues of 79.84 Billion in 2022. Comparative valuation analysis is a catchall model that can be used if you cannot value ArcelorMittal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ArcelorMittal's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the pricetoearnings (P/E), pricetobook (P/B), pricetosales (P/S), pricetocash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ArcelorMittal's earnings, one of the primary drivers of an investment's value.ArcelorMittal Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ArcelorMittal's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ArcelorMittal could also be used in its relative valuation, which is a method of valuing ArcelorMittal by comparing valuation metrics of similar companies.ArcelorMittal is currently under evaluation in return on equity category among related companies.
ArcelorMittal Current Valuation Drivers
We derive many important indicators used in calculating different scores of ArcelorMittal from analyzing ArcelorMittal's financial statements. These drivers represent accounts that assess ArcelorMittal's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ArcelorMittal's important valuation drivers and their relationship over time.
2018  2019  2020  2021  2022  2023 (projected)  
Average Assets  88.27 B  89.58 B  84.98 B  86.28 B  92.53 B  87.84 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  9.81 B  2.72 B  5.15 B  21.09 B  13.93 B  11.67 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  9.81 B  2.72 B  5.15 B  21.09 B  13.93 B  11.67 B  
Earnings before Tax  4.8 B  (2 B)  933 M  17.42 B  11.02 B  11.89 B  
Average Equity  40.44 B  40.3 B  38.4 B  43.69 B  51.13 B  44.29 B  
Enterprise Value  31.22 B  27.91 B  32.52 B  41.12 B  28.07 B  29.73 B  
Free Cash Flow  891 M  2.25 B  1.5 B  6.88 B  6.74 B  7.27 B  
Invested Capital  72.19 B  70.66 B  61.8 B  65.95 B  69.48 B  68.09 B  
Invested Capital Average  70.24 B  71.43 B  66.23 B  63.87 B  67.72 B  67.87 B  
Market Capitalization  21.08 B  17.78 B  23.18 B  34.4 B  23.88 B  25.52 B  
Tangible Asset Value  85.52 B  82.48 B  77.74 B  86.09 B  89.64 B  83.19 B  
Working Capital  9.02 B  7.33 B  5.31 B  10.77 B  14.72 B  12.2 B 
ArcelorMittal Fundamentals
Return On Equity  0.18 %  
Return On Asset  0.08 %  
Profit Margin  0.12 %  
Operating Margin  0.15 %  
Current Valuation  25.46 B  
Shares Outstanding  804.09 M  
Shares Owned by Institutions  6.37 %  
Number of Shares Shorted  3.06 M  
Price to Earning  1.87 X  
Price to Book  0.42 X  
Price to Sales  0.25 X  
Revenue  79.84 B  
Gross Profit  14.02 B  
EBITDA  14.84 B  
Net Income  9.3 B  
Cash and Equivalents  9.41 B  
Cash per Share  6.21 X  
Total Debt  9.07 B  
Debt to Equity  0.17 %  
Current Ratio  1.62 X  
Book Value Per Share  33.00 X  
Cash Flow from Operations  10.2 B  
Short Ratio  1.09 X  
Earnings Per Share  10.39 X  
Price to Earnings To Growth  0.65 X  
Target Price  36.29  
Number of Employees  154.35 K  
Beta  1.99  
Market Capitalization  22.68 B  
Total Asset  94.55 B  
Retained Earnings  22.13 B  
Working Capital  4.29 B  
Current Asset  22.33 B  
Current Liabilities  18.04 B  
Z Score  1.2  
Annual Yield  0.0163 %  
Five Year Return  1.95 %  
Net Asset  94.55 B  
Last Dividend Paid  0.44 
About ArcelorMittal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ArcelorMittal SA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ArcelorMittal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ArcelorMittal SA ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported  Projected for 2023  
Cost of Revenue  67.3 B  62.9 B  
Revenues  79.8 B  72.2 B 
ArcelorMittal Investors Sentiment
The influence of ArcelorMittal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in ArcelorMittal. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to ArcelorMittal's public news can be used to forecast risks associated with investment in ArcelorMittal. The trend in average sentiment can be used to explain how an investor holding ArcelorMittal can time the market purely based on public headlines and social activities around ArcelorMittal SA ADR. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
ArcelorMittal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ArcelorMittal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ArcelorMittal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ArcelorMittal.
ArcelorMittal Implied Volatility  117.48 
ArcelorMittal's implied volatility exposes the market's sentiment of ArcelorMittal SA ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ArcelorMittal's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ArcelorMittal stock will not fluctuate a lot when ArcelorMittal's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ArcelorMittal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ArcelorMittal's short interest history, or implied volatility extrapolated from ArcelorMittal options trading.
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Additionally, see ArcelorMittal Piotroski F Score and ArcelorMittal Altman Z Score analysis. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.
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Is ArcelorMittal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcelorMittal. If investors know ArcelorMittal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcelorMittal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92)  Dividend Share 0.44  Earnings Share 10.39  Revenue Per Share 43.822  Quarterly Revenue Growth (0.19) 
The market value of ArcelorMittal SA ADR is measured differently than its book value, which is the value of ArcelorMittal that is recorded on the company's balance sheet. Investors also form their own opinion of ArcelorMittal's value that differs from its market value or its book value, called intrinsic value, which is ArcelorMittal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcelorMittal's market value can be influenced by many factors that don't directly affect ArcelorMittal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different means. Investors typically determine ArcelorMittal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcelorMittal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.