ArcelorMittal Z Score
MT Stock  USD 32.25 0.80 2.54% 
ArcelorMittal  Z Score 
ArcelorMittal Z Score Analysis
ArcelorMittal's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..Current ArcelorMittal Z Score  2.4 
Most of ArcelorMittal's fundamental indicators, such as Z Score, 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 Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for ArcelorMittal is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since ArcelorMittal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ArcelorMittal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ArcelorMittal's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
Based on the company's disclosures, ArcelorMittal SA ADR has a Z Score of 2.4. This is 4.38% lower than that of the Metals & Mining sector and 58.94% higher than that of the Materials industry. The z score for all United States stocks is 72.48% higher than that of the company.
ArcelorMittal Z Score 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 Z Score 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 z score 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  77.65 B  81.31 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  9.81 B  2.72 B  5.15 B  21.09 B  24.26 B  26.17 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  9.81 B  2.72 B  5.15 B  21.09 B  24.26 B  26.17 B  
Earnings before Tax  4.8 B  (2 B)  933 M  17.42 B  20.03 B  21.61 B  
Average Equity  40.44 B  40.3 B  38.4 B  43.69 B  39.32 B  38.32 B  
Enterprise Value  31.22 B  27.91 B  32.52 B  41.12 B  37.01 B  35.2 B  
Free Cash Flow  891 M  2.25 B  1.5 B  6.88 B  7.92 B  8.54 B  
Invested Capital  72.19 B  70.66 B  61.8 B  66.11 B  59.5 B  64.25 B  
Invested Capital Average  70.24 B  71.43 B  66.23 B  63.95 B  57.56 B  63.98 B  
Market Capitalization  21.08 B  17.78 B  23.18 B  34.4 B  39.56 B  34.01 B  
Tangible Asset Value  85.52 B  82.48 B  77.74 B  86.09 B  77.48 B  77.48 B  
Working Capital  9.02 B  7.33 B  5.31 B  10.77 B  9.69 B  8.23 B 
ArcelorMittal Institutional Holders
Institutional Holdings refers to the ownership stake in ArcelorMittal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ArcelorMittal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing ArcelorMittal's value.Security Type  Shares  Value  
Zweigdimenna Associates Llc  Common Shares  757.6 K  6.3 M  
Zurcher Kantonalbank Zurich Cantonalbank  Debt  986 K  999 K  
Zions Bancorporation Na  Common Shares  491  10 K  
Zions Bancorporation Na  Common Shares  426  10 K  
Zions Bancorporation Na  Common Shares  416  13 K  
Zions Bancorporation Na  Common Shares  357  11 K  
Zions Bancorporation Na  Common Shares  365  11 K  
Zions Bancorporation Na  Common Shares  365  11 K 
ArcelorMittal Fundamentals
Return On Equity  0.26 %  
Return On Asset  0.10 %  
Profit Margin  0.16 %  
Operating Margin  0.18 %  
Current Valuation  25.46 B  
Shares Outstanding  816 M  
Shares Owned by Institutions  6.44 %  
Number of Shares Shorted  3.88 M  
Price to Earning  1.87 X  
Price to Book  0.42 X  
Price to Sales  0.25 X  
Revenue  76.57 B  
Gross Profit  19.14 B  
EBITDA  20.46 B  
Net Income  15.56 B  
Cash and Equivalents  1.54 B  
Cash per Share  6.21 X  
Total Debt  6.49 B  
Debt to Equity  0.17 %  
Current Ratio  1.62 X  
Book Value Per Share  63.19 X  
Cash Flow from Operations  9.9 B  
Short Ratio  2.17 X  
Earnings Per Share  13.85 X  
Price to Earnings To Growth  0.65 X  
Target Price  34.76  
Number of Employees  158 K  
Beta  1.98  
Market Capitalization  25.96 B  
Total Asset  90.51 B  
Retained Earnings  22.13 B  
Working Capital  4.29 B  
Current Asset  22.33 B  
Current Liabilities  18.04 B  
Z Score  2.4  
Annual Yield  0.0121 %  
Five Year Return  1.95 %  
Net Asset  90.51 B  
Last Dividend Paid  0.38 
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.ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg. Arcelormittal ADR operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 158000 people.
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Our tools can tell you how much better you can do entering a position in ArcelorMittal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Additionally, see ArcelorMittal Piotroski F Score and ArcelorMittal Valuation analysis. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global 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 (0.73)  Market Capitalization 26 B  Quarterly Revenue Growth (0.06)  Return On Assets 0.1037  Return On Equity 0.2608 
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.