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Market Closed -
Euronext Amsterdam
11:55:00 2026-09-24 EDT
|
5-day change | 1st Jan Change | ||
| 62.00 EUR | -2.18% |
|
-5.40% | +58.61% |
| 09-23 | ArcelorMittal : Jefferies reiterates its Buy rating | ZD |
| 09-23 | Are Russian metals returning to the West- | ![]() |
Company Valuation: ArcelorMittal
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 | 53,150 | - | - |
| Change | - | -26.54% | 10.97% | -23.31% | 91.41% | 52.25% | - | - |
| Enterprise Value (EV) 1 | 33,203 | 23,667 | 26,680 | 23,317 | 42,840 | 60,916 | 59,603 | 58,072 |
| Change | - | -28.72% | 12.73% | -12.6% | 83.73% | 42.19% | -2.16% | -2.57% |
| P/E | 2.37x | 2.58x | 26x | 13.7x | 11.2x | 16x | 9.88x | 9.13x |
| PBR | 0.59x | 0.4x | 0.43x | 0.36x | 0.64x | 0.94x | 0.86x | 0.79x |
| PEG | - | -0.1x | -0.3x | 0.2x | 0x | 2.32x | 0.2x | 1.11x |
| Capitalization / Revenue | 0.38x | 0.27x | 0.35x | 0.29x | 0.57x | 0.79x | 0.73x | 0.72x |
| EV / Revenue | 0.43x | 0.3x | 0.39x | 0.37x | 0.7x | 0.91x | 0.82x | 0.79x |
| EV / EBITDA | 1.71x | 1.67x | 3.53x | 3.31x | 6.55x | 7.36x | 5.59x | 5.3x |
| EV / EBIT | 1.97x | 2.04x | 11.4x | 7.04x | 11.8x | 12.6x | 8.37x | 7.97x |
| EV / FCF | 4.81x | 3.51x | 8.8x | 52.2x | 91x | 34.7x | 21.4x | 18.6x |
| FCF Yield | 20.8% | 28.5% | 11.4% | 1.92% | 1.1% | 2.88% | 4.68% | 5.37% |
| Dividend per Share 2 | 0.38 | 0.4 | 0.5 | 0.55 | 0.6 | 0.6254 | 0.6704 | 0.6984 |
| Rate of return | 1.19% | 1.52% | 1.76% | 2.37% | 1.31% | 0.89% | 0.95% | 0.99% |
| EPS 2 | 13.49 | 10.18 | 1.09 | 1.69 | 4.11 | 4.394 | 7.131 | 7.718 |
| Distribution rate | 2.82% | 3.93% | 45.9% | 32.5% | 14.6% | 14.2% | 9.4% | 9.05% |
| Net sales 1 | 76,571 | 79,844 | 68,275 | 62,441 | 61,352 | 67,277 | 72,444 | 73,818 |
| EBITDA 1 | 19,404 | 14,161 | 7,558 | 7,053 | 6,541 | 8,273 | 10,665 | 10,954 |
| EBIT 1 | 16,881 | 11,581 | 2,340 | 3,310 | 3,628 | 4,834 | 7,120 | 7,288 |
| Net income 1 | 14,956 | 9,302 | 919 | 1,339 | 3,152 | 3,274 | 5,137 | 5,430 |
| Net Debt 1 | 4,030 | 2,236 | 2,898 | 5,079 | 7,931 | 7,766 | 6,453 | 4,922 |
| Reference price 2 | 32.01 | 26.26 | 28.38 | 23.22 | 45.90 | 70.49 | 70.49 | 70.49 |
| Nbr of stocks (in thousands) | 911,415 | 816,000 | 838,000 | 785,388 | 760,600 | 754,042 | - | - |
| Announcement Date | 2/10/22 | 2/9/23 | 2/8/24 | 2/6/25 | 2/5/26 | - | - | - |
1USD in Million2USD
Estimates
P/E, Detailed evolution
| P/E (Y) | EV / Sales (Y) | EV / EBITDA (Y) | Dividend Yield (Y) | Capi.($) | ||
|---|---|---|---|---|---|---|
| 16.44x | 0.92x | 7.52x | 0.87% | 54.45B | ||
| 12.92x | 1.47x | 7.66x | 0.91% | 56.03B | ||
| 13.76x | 1.5x | 8.71x | 0.9% | 33.58B | ||
| 13.65x | 1.2x | 7.27x | 2.2% | 24.86B | ||
| 12.32x | 0.78x | 6.96x | 3.47% | 22.94B | ||
| 29.46x | 5.64x | 19.2x | 0.21% | 19.58B | ||
| 11.64x | 0.55x | 5.29x | 3.16% | 17.25B | ||
| 14.03x | 4.17x | 10.87x | 0.05% | 11.12B | ||
| -20.82x | 0.15x | 3.36x | 1% | 10.64B | ||
| 14.37x | 0.94x | 7.09x | 2.7% | 10.56B | ||
| Average | 11.78x | 1.73x | 8.39x | 1.55% | 26.1B | |
| Weighted average by Cap. | 13.67x | 1.57x | 8.32x | 1.38% |
Y-o-Y evolution of P/E
Historical PBR trend
Evolution Enterprise Value / Sales
Change in Enterprise Value/EBITDA
Year-on-year evolution of the Yield
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- MT Stock
- Valuation ArcelorMittal
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