Last Price | 23.61 | Max Price | 26.48 |
Min Price | 19.07 | 1 Year return | -3.95 |
Avg. Target | 27.02 | Expected Return | 14.46 % |
Sector | Basic Materials | Subsector | Industrial Metals |
Sell | 0 | Rating | |
Hold | 2 | Concensus | |
Buy | 2 | ||
Annual report 2018 |
Arcelor Mittal is the world's number one steel company, with 330,000 employees in more than 60 countries. The company, which will be incorporated in 2007 following the successful tender offer, brings together the world's leading steel companies, Mittal Steel and Arcelor. Arcelor Mittal is the leader in all major global markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks.
This is a steel manufacturing company in Luxembourg that was founded in 2006 immediately after India's multinational steel maker which was known as Mittal Steel acquired Western European steel maker called Arcelor. The cost of this acquisition was approximately $33 billion. The takeover by Mittal Steel dissolved a previous merger that had been established between Severstal and Arcelor so as to form what is currently referred to as ArcelorMittal. The acquisition came at a time when the unity between Arcelor and Seversatl was already having trouble due to less approval from shareholders.
ArcelorMittal has undergone several market transitions which has seen it being categorized as the best steel producer all over the world, its annual crude steel creation was listed at 98.2 million tons in 2014.During the Fortune Global 500 ranking of 2017, it was placed at position 123 of the all the largest corporations in the world.
The first annual profit in 5 years was announced in February 2017, also in the same month a plan to integrate long steel operation in Brazil was announced by ArcelorMittal and Votorantim, this happened shortly before ArcelorMittal was allowed to acquire Ilva for €1.8 billion. The earnings made by ArcelorMittal increased by about 19.3% in July 2017.
Year | Turnover | Total sector | Market share |
---|---|---|---|
2019 | 70,615 | 1,745,991 | 4.04 % |
2020 | 53,270 | 1,908,695 | 2.79 % |
2021 | 76,571 | 2,340,854 | 3.27 % |
2022 | 79,844 | 1,153,601 | 6.92 % |
2023 | 0 | 0 | 0.00 % |
2016 best year, 2008 worst year for ArcelorMittal
ArcelorMittal removes Russian materials from steel supply chain
Analysts foresee more revenue ArcelorMittal
ArcelorMittal 'pauses' production at some European steel plants
ArcelorMittal wins Belgian government support for €1.1B decarbonization project
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
The headquarter of ArcelorMittal is located in Luxembourg. ArcelorMittal's core business is the industrial metals sector. Over the past 10 years the global industrial companies lost around 21 percent. Measured since 2011 the sector is -30 percent lower and over the past 12 months (December 2015-December 2016) there is a minus of 21 percent.
Over the past year the company' stock gained around 105 percent. Over the past 5 years ArcelorMittal' stock lost at around 47 percent in value. ArcelorMittal's revenues between 2011 and 2015 were very volatile and moved between 84,21 billion euros and 57,31 billion euros. During 2011 and 2015 ArcelorMittal's net results were very volatile and fluctuated between 1,69 billion euros and -7163 million euros.
The Dutch company paid out dividends in the past 5 years. On average the ArcelorMittal stock yielded a delivered a dividend yield of around 0,88 percent over the past 5 years.
The Dutch company had ultimo 2015 approximately 220 thousand employees on it's payroll.
As per the end of 2015 the Dutch company's balance sheet equaled 707,65 billion euros. Of the total balance sheet 684,38 billion euros (96,71 percent) was financed by debt. As per the end of 2015 ArcelorMittal's price/earnings-ratio equaled -3. So investors paid for 1 stock -3 times the earnings per share of 2015. Based on the classical stock valuation theories the Dutch stock can be seen as a value stock.
At the end of 2015 the market capitalization (the number of shares outstanding multiplied by the stock price) of the industrial company equaled around 6,68 billion euros. At the end of 2015 the Dutch company had around 1,8 billion stocks listed.
All of ArcelorMittal's annual reports are stored here. More information about ArcelorMittal can be found it's website. .
Results |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Revenue |
63,578
|
56,791
|
68,679
|
76,033
|
70,615
|
53,270
|
Costs |
71,524
|
55,012
|
64,111
|
70,884
|
73,069
|
54,003
|
Profit |
-7,946
|
1,779
|
4,568
|
5,149
|
-2,454
|
-733
|
Margin of profit |
-12.50
|
3.13
|
6.65
|
6.77
|
-3.48
|
-1.38
|
ROI |
-31.44
|
5.90
|
11.78
|
12.23
|
-6.37
|
-1.91
|
Balance |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Equity |
25,272
|
30,135
|
38,789
|
42,086
|
38,521
|
38,280
|
Debt |
51,574
|
45,007
|
46,508
|
49,163
|
49,387
|
43,772
|
Total assets |
76,846
|
75,142
|
85,297
|
91,249
|
87,908
|
82,052
|
Solvency |
32.89
|
40.10
|
45.48
|
46.12
|
43.82
|
46.65
|
Cash |
4,002
|
2,501
|
2,574
|
2,172
|
4,867
|
5,600
|
Cashflow |
2,151
|
2,695
|
4,576
|
4,186
|
6,027
|
4,079
|
Employees |
212,000
|
199,000
|
197,000
|
197,000
|
0
|
|
Revenue per employee |
0.30
|
0.29
|
0.35
|
0.39
|
0.0
|
|
Cashflow / Debt |
0.04
|
0.06
|
0.10
|
0.09
|
0.12
|
0.09
|
Details |
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|
Price |
9.07
|
21.05
|
27.12
|
18.14
|
15.64
|
Eps |
1.86
|
4.46
|
5.04
|
-2.42
|
-0.64
|
Price/earnings-ratio |
4.88
|
4.72
|
5.38
|
-7.50
|
-36.89
|
Dividend |
0.0
|
0.09
|
0.17
|
0.0
|
0.26
|
Dividend % |
0.00 %
|
0.43 %
|
0.63 %
|
0.00 %
|
1.10 %
|
Payout % |
0.0
|
0.02
|
0.03
|
0.0
|
-0.41
|
Book value |
29.56
|
38.03
|
41.52
|
38.06
|
35.42
|
Market to book |
3.26
|
1.81
|
1.53
|
2.10
|
1.50
|
Cashflow per stock |
2.64
|
4.49
|
4.13
|
5.96
|
3.77
|
Stocks |
1,019
|
1,020
|
1,014
|
1,012
|
1,081
|
Market Cap |
9.246.83
|
21.469.25
|
27.488.02
|
18.359.13
|
25.516.04
|
Date
|
Price
|
---|---|
17 Dec 2024
|
23.61
|
10 Dec 2024
|
24.62
|
06 Dec 2024
|
24.03
|
03 Dec 2024
|
24.17
|
29 Nov 2024
|
23.62
|
27 Nov 2024
|
22.99
|
13 Nov 2024
|
22.66
|
08 Nov 2024
|
24.63
|
05 Nov 2024
|
22.74
|
31 Oct 2024
|
22.67
|
29 Oct 2024
|
22.98
|
23 Oct 2024
|
22.16
|
19 Oct 2024
|
22.48
|
16 Oct 2024
|
22.06
|
14 Oct 2024
|
22.52
|
05 Oct 2024
|
23.35
|
02 Oct 2024
|
23.53
|
27 Sep 2024
|
23.26
|
20 Sep 2024
|
21.90
|
17 Sep 2024
|
20.51
|
13 Sep 2024
|
20.15
|
28 Aug 2024
|
20.80
|
26 Aug 2024
|
21.01
|
23 Aug 2024
|
20.63
|
11 Aug 2024
|
20.09
|
07 Aug 2024
|
20.04
|
05 Aug 2024
|
19.07
|
01 Aug 2024
|
20.94
|
30 Jul 2024
|
20.75
|
26 Jul 2024
|
20.77
|