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 |
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 0.42. 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 0.65. The entity recorded earning per share (EPS) of 5.07. The firm last dividend was issued on the 13th of November 2023. 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:
| ArcelorMittal SA ADR generated a negative expected return over the last 90 days | |
| ArcelorMittal SA ADR is unlikely to experience financial distress in the next 2 years | |
| ArcelorMittal SA ADR has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Form 487 FT 10955 - StreetInsider.com |
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.
| 9th of November 2023 Upcoming Quarterly Report | View | |
| 8th of February 2024 Next Financial Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of June 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 | |||
|---|---|---|---|---|---|---|---|
2020-11-04 | 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 | ||
2016-05-05 | 2016-03-31 | -0.19 | -0.3 | -0.11 | 57 | ||
2016-02-05 | 2015-12-31 | -0.59 | -0.48 | 0.11 | 18 | ||
2022-11-09 | 2022-09-30 | 1.25 | 1.11 | -0.14 | 11 |
ArcelorMittal's SEC filings
Before you invest in ArcelorMittal, make sure you check ArcelorMittal'srecent SEC filings. These artifacts are important regulatory documents required of all public companies to provide to potential investors. ArcelorMittal prospectus issued under the guidelines of the SEC is a legal declaration of facts and statements to ensure that ArcelorMittal investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial ArcelorMittal's specific information freely available to individual and institutional investors to make a timely investment decision.
| 28th of August 2023 Other Events | View |
ArcelorMittal Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ArcelorMittal target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ArcelorMittal's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| Buy |
Most ArcelorMittal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ArcelorMittal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ArcelorMittal SA ADR, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationArcelorMittal Target Price Projection
ArcelorMittal's current and average target prices are 24.22 and 35.10, respectively. The current price of ArcelorMittal is the price at which ArcelorMittal SA ADR is currently trading. On the other hand, ArcelorMittal's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
ArcelorMittal Market Quote on 27th of September 2023
Target Price
Analyst Consensus On ArcelorMittal Target Price
ArcelorMittal Analyst Ratings
ArcelorMittal's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ArcelorMittal stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ArcelorMittal's financials, market performance, and future outlook by experienced professionals. ArcelorMittal's historical ratings below, therefore, can serve as a valuable tool for investors.ArcelorMittal's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 20.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ArcelorMittal's market, we take the total number of its shares issued and multiply it by ArcelorMittal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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ArcelorMittal's profitablity analysis
ArcelorMittal's profitability indicators refer to fundamental financial ratios that showcase ArcelorMittal's ability to generate income relative to its revenue or operating costs. If, let's say, ArcelorMittal is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ArcelorMittal's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ArcelorMittal's profitability requires more research than a typical breakdown of ArcelorMittal's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for 2023 | ||
| Return on Average Assets | 0.10 | 0.11 | |
| Return on Average Equity | 0.18 | 0.20 | |
| Return on Invested Capital | 0.17 | 0.18 | |
| Return on Sales | 0.14 | 0.15 |
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.
The data published in ArcelorMittal's official financial statements usually reflect ArcelorMittal's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ArcelorMittal SA ADR. For example, before you start analyzing numbers published by ArcelorMittal accountants, it's critical to develop an understanding of what ArcelorMittal's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of ArcelorMittal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ArcelorMittal's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, 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. Please utilize our Beneish M Score to check the likelihood of ArcelorMittal's management manipulating its earnings.
Evaluate ArcelorMittal's management efficiency
ArcelorMittal SA ADR has Return on Asset (ROA) of 0.0383 % which means that for every $100 of assets, it generated a profit of $0.0383. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0757 %, which means that it produced $0.0757 on every 100 dollars invested by 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 Average Assets is likely to gain to 0.11 in 2023. Return on Average Equity is likely to gain to 0.20 in 2023. ArcelorMittal Total Liabilities is comparatively stable at the moment as compared to the past year. ArcelorMittal reported Total Liabilities of 38.96 Billion in 2022. Current Liabilities is likely to gain to about 24.5 B in 2023, whereas Tax Liabilities is likely to drop slightly above 2.8 B in 2023.| Last Reported | Projected for 2023 | ||
| Book Value per Share | 58.35 | 51.88 | |
| Enterprise Value over EBIT | 1.80 | 1.94 | |
| Enterprise Value over EBITDA | 2.02 | 2.79 | |
| Price to Book Value | 0.45 | 0.54 | |
| Tangible Assets Book Value per Share | 98.41 | 96.15 | |
| Enterprise Value | 28.1 B | 29.7 B | |
| Tangible Asset Value | 89.6 B | 83.2 B |
The analysis of ArcelorMittal's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ArcelorMittal's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ArcelorMittal Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Long Term Debt Total 9.1 B | Short Long Term Debt Total 11.7 B | Forward Dividend Rate 0.44 | Interest Expense 213 M | Total Operating Expenses 2.3 B |
Basic technical analysis of ArcelorMittal Stock
As of the 27th of September, ArcelorMittal shows the risk adjusted performance of (0.05), and Mean Deviation of 1.16. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for ArcelorMittal SA ADR, which can be compared to its rivals. Please confirm ArcelorMittal SA ADR mean deviation and maximum drawdown to decide if ArcelorMittal SA ADR is priced correctly, providing market reflects its regular price of 24.22 per share. Given that ArcelorMittal has information ratio of (0.09), we suggest you to validate ArcelorMittal SA ADR's prevailing market performance to make sure the company can sustain itself at a future point.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.
| ARCELORMITTAL LUXEMBOURG 6125 Corp BondUS03938LAZ76 | View | |
| ARCELORMITTAL LUXEMBOURG 675 Corp BondUS03938LAS34 | View | |
| ArcelorMittal 7 percent Corp BondUS03938LAP94 | View | |
| ArcelorMittal 425 percent Corp BondUS03938LBC72 | View | |
| ArcelorMittal 36 percent Corp BondUS03938LBB99 | View | |
| ArcelorMittal 455 percent Corp BondUS03938LBA17 | 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.16 | |||
| Coefficient Of Variation | (1,030) | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.08 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.1) | |||
| Maximum Drawdown | 5.62 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.59 | |||
| Skewness | 0.0439 | |||
| Kurtosis | (0.42) |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.16 | |||
| Coefficient Of Variation | (1,030) | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.08 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.1) | |||
| Maximum Drawdown | 5.62 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.59 | |||
| Skewness | 0.0439 | |||
| Kurtosis | (0.42) |
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 SA ADR Historical Investor Sentiment
Investor biases related to ArcelorMittal's public news can be used to forecast risks associated with an 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 equities 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 and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ArcelorMittal news discussions. The higher the estimate score, the more favorable the investor's outlook on ArcelorMittal.
ArcelorMittal Maximum Pain Price across 2023-09-29 Option Contracts
ArcelorMittal's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of ArcelorMittal close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of ArcelorMittal's options.
ArcelorMittal Implied Volatility | 34.49 |
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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in non-hispanic. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary 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.
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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 (0.48) | Dividend Share 0.44 | Earnings Share 5.07 | Revenue Per Share 42.2055 | Quarterly Revenue Growth (0.16) |
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.
In summary, please note that there is a difference between ArcelorMittal's value and its price, as these two are different measures arrived at by various means. Investors typically determine if ArcelorMittal is a good investment 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.