Added to YB: 2025-01-29
Pitch date: 2024-12-12
MT [bullish]
ArcelorMittal S.A.
+85.25%
current return
Author Info
No bio for this author
Company Info
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa.
Market Cap
EUR 25.7B
Pitch Price
EUR 24.96
Price Target
N/A
Dividend
1.64%
EV/EBITDA
5.33
P/E
21.82
EV/Sales
0.57
Sector
Metals and Mining
Category
value
ArcelorMittal S.A. - $MT
MT: World's largest non-Chinese steelmaker at 4x EBITDA, 7.5x P/E. Resilient earnings despite Chinese crisis. Portfolio shift to NAFTA/Brazil/India (2/3 EBITDA). IG-rated balance sheet, consistent FCF. $13/share in JVs. 30% share count reduction since 2020. Catalysts: cyclical upturn, take-private potential, US redomiciling.
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