Valuation ArcelorMittal

Stocks

Real-time Euronext Amsterdam 13:56:51 09/11/2026 +03			5-day change	1st Jan Change
55.98 ^EUR	+2.12%		+0.83%	+43.16%

11-07	ArcelorMittal S.A., Q3 2026 Earnings Call, Nov 05, 2026
11-06	European stainless steelmakers see recovery pushed further into 2027	RE

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	46,088	-	-
Change	-	-26.54%	10.97%	-23.31%	91.41%	32.02%	-	-
Enterprise Value (EV) ¹	33,203	23,667	26,680	23,317	42,840	54,372	53,213	51,430
Change	-	-28.72%	12.73%	-12.6%	83.73%	26.92%	-2.13%	-3.35%
P/E	2.37x	2.58x	26x	13.7x	11.2x	27.2x	8.64x	7.7x
PBR	0.59x	0.4x	0.43x	0.36x	0.64x	0.84x	0.77x	0.7x
PEG	-	-0.1x	-0.3x	0.2x	0x	-0.6x	0x	0.6x
Capitalization / Revenue	0.38x	0.27x	0.35x	0.29x	0.57x	0.69x	0.63x	0.61x
EV / Revenue	0.43x	0.3x	0.39x	0.37x	0.7x	0.82x	0.72x	0.69x
EV / EBITDA	1.71x	1.67x	3.53x	3.31x	6.55x	6.95x	5x	4.59x
EV / EBIT	1.97x	2.04x	11.4x	7.04x	11.8x	13.7x	7.49x	6.86x
EV / FCF	4.81x	3.51x	8.8x	52.2x	91x	62.9x	19.3x	14.1x
FCF Yield	20.8%	28.5%	11.4%	1.92%	1.1%	1.59%	5.17%	7.09%
Dividend per Share ²	0.38	0.4	0.5	0.55	0.6	0.6118	0.6559	0.6852
Rate of return	1.19%	1.52%	1.76%	2.37%	1.31%	1%	1.07%	1.12%
EPS ²	13.49	10.18	1.09	1.69	4.11	2.249	7.077	7.936
Distribution rate	2.82%	3.93%	45.9%	32.5%	14.6%	27.2%	9.27%	8.63%
Net sales ¹	76,571	79,844	68,275	62,441	61,352	66,491	73,485	74,981
EBITDA ¹	19,404	14,161	7,558	7,053	6,541	7,829	10,632	11,210
EBIT ¹	16,881	11,581	2,340	3,310	3,628	3,968	7,102	7,497
Net income ¹	14,956	9,302	919	1,339	3,152	1,881	5,173	5,593
Net Debt ¹	4,030	2,236	2,898	5,079	7,931	8,284	7,125	5,342
Reference price ²	32.01	26.26	28.38	23.22	45.90	61.12	61.12	61.12
Nbr of stocks (in thousands)	911,415	816,000	838,000	785,388	760,600	754,042	-	-
Announcement Date	2/10/22 A	2/9/23 A	2/8/24 A	2/6/25 A	2/5/26 A	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARCELORMITTAL	27.17x	0.82x	6.95x	1%	46.09B
NUCOR CORPORATION	12.07x	1.42x	7.25x	0.92%	55.58B
VALE S.A.	9.35x	1.53x	4.17x	8.91%	49.57B
JSW STEEL LIMITED	19.12x	1.85x	10.03x	0.57%	35.16B
FORTESCUE LTD	18.63x	2.33x	5.84x	3.52%	32.1B
STEEL DYNAMICS, INC.	12.69x	1.41x	8.27x	0.95%	31.7B
TATA STEEL LIMITED	13.44x	1.21x	7.12x	2.24%	25.17B
NIPPON STEEL CORPORATION	8.7x	0.77x	6.23x	3.67%	21.67B
RELIANCE, INC.	15.57x	1.18x	10.26x	1.19%	21.24B
BAOSHAN IRON & STEEL CO., LTD.	14.44x	0.49x	5.07x	3.41%	19.89B
Average	15.12x	1.30x	7.12x	2.64%	33.82B
Weighted average by Cap.	15.39x	1.36x	6.99x	2.75%