ArcelorMittal Historical Financial Ratios
MT Stock | USD 25.62 0.19 0.74% |
ArcelorMittal is presently reporting on over 101 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 34.23, Book Value Per Share of 39.72 or Free Cash Flow Yield of 0.13 will help investors to properly organize and evaluate ArcelorMittal SA ADR financial condition quickly.
ArcelorMittal |
About ArcelorMittal Financial Ratios Analysis
ArcelorMittal SA ADRFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate ArcelorMittal investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on ArcelorMittal financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across ArcelorMittal history.
ArcelorMittal Financial Ratios Chart
ArcelorMittal SA ADR financial ratios usually calculated using numerical values taken directly from ArcelorMittal financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about ArcelorMittal. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, ArcelorMittal's Payout Ratio is comparatively stable compared to the past year. Days Payables Outstanding is likely to gain to 90.51 in 2024, whereas Invested Capital is likely to drop 0.19 in 2024. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing ArcelorMittal SA ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ArcelorMittal sales, a figure that is much harder to manipulate than other ArcelorMittal SA ADR multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is ArcelorMittal SA ADR dividend as a percentage of ArcelorMittal stock price. ArcelorMittal SA ADR dividend yield is a measure of ArcelorMittal stock productivity, which can be interpreted as interest rate earned on an ArcelorMittal investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from ArcelorMittal's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into ArcelorMittal SA ADR current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 estimate. At this time, ArcelorMittal's Payout Ratio is comparatively stable compared to the past year. Days Payables Outstanding is likely to gain to 90.51 in 2024, whereas Invested Capital is likely to drop 0.19 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008871 | 0.0139 | 0.0155 | 0.0256 | Price To Sales Ratio | 0.46 | 0.3 | 0.35 | 0.64 |
ArcelorMittal fundamentals Correlations
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ArcelorMittal Account Relationship Matchups
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ArcelorMittal fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.25 | 0.49 | 0.46 | 0.3 | 0.35 | 0.64 | |
Dividend Yield | 0.0187 | 0.006933 | 0.008871 | 0.0139 | 0.0155 | 0.0256 | |
Ptb Ratio | 0.46 | 0.68 | 0.72 | 0.45 | 0.44 | 0.42 | |
Days Sales Outstanding | 18.45 | 21.05 | 24.52 | 17.55 | 19.57 | 34.23 | |
Free Cash Flow Yield | 0.0425 | 0.14 | 0.0629 | 0.2 | 0.28 | 0.13 | |
Invested Capital | 0.37 | 0.32 | 0.17 | 0.22 | 0.2 | 0.19 | |
Operating Cash Flow Per Share | 5.94 | 3.58 | 8.96 | 11.2 | 9.08 | 9.33 | |
Capex To Depreciation | (0.72) | (0.86) | (1.3) | (0.96) | (1.72) | (1.81) | |
Pb Ratio | 0.46 | 0.68 | 0.72 | 0.45 | 0.44 | 0.42 | |
Ev To Sales | 0.38 | 0.61 | 0.51 | 0.33 | 0.39 | 0.37 | |
Free Cash Flow Per Share | 2.41 | 1.44 | 6.24 | 7.39 | 3.6 | 2.52 | |
Roic | (0.031) | 0.0138 | 0.34 | 0.13 | (0.16) | (0.15) | |
Inventory Turnover | 0.18 | 3.99 | 2.89 | 3.35 | 3.39 | 4.1 | |
Net Income Per Share | (2.36) | (0.51) | 18.54 | 10.21 | 1.09 | 1.04 | |
Days Of Inventory On Hand | 2.1K | 91.57 | 126.41 | 108.93 | 107.76 | 136.59 | |
Payables Turnover | 0.24 | 4.26 | 3.8 | 4.97 | 4.67 | 4.44 | |
Research And Ddevelopement To Revenue | 0.004263 | 0.004599 | 0.003526 | 0.003582 | 0.004379 | 0.00307 | |
Capex To Revenue | (0.0506) | (0.0458) | (0.0393) | (0.0434) | (0.0676) | (0.0709) | |
Cash Per Share | 5.17 | 5.58 | 4.5 | 10.33 | 9.24 | 7.93 | |
Pocfratio | 5.0 | 2.95 | 6.4 | 3.55 | 2.34 | 3.11 | |
Interest Coverage | (2.18) | (3.13) | 61.06 | 48.23 | 33.68 | 35.36 | |
Payout Ratio | (0.14) | (0.31) | 0.0152 | 0.0357 | 0.4 | 0.64 | |
Capex To Operating Cash Flow | (0.79) | (0.59) | (0.6) | (0.3) | (0.34) | (0.63) | |
Pfcf Ratio | 7.27 | 15.89 | 5.1 | 3.55 | 7.84 | 7.44 | |
Days Payables Outstanding | 1.5K | 85.61 | 96.08 | 73.38 | 78.16 | 90.51 | |
Income Quality | (2.45) | (5.57) | 0.66 | 1.1 | 8.32 | 8.73 | |
Roe | (0.0621) | (0.0151) | 0.42 | 0.18 | 0.017 | 0.0162 | |
Ev To Operating Cash Flow | 4.51 | 7.95 | 3.96 | 2.56 | 3.49 | 3.31 | |
Pe Ratio | (7.43) | (45.17) | 1.72 | 2.57 | 25.86 | 36.76 | |
Return On Tangible Assets | (0.029) | (0.007435) | 0.24 | 0.1 | 0.0103 | 0.00983 | |
Ev To Free Cash Flow | 11.09 | 19.76 | 5.68 | 3.88 | 8.79 | 8.35 | |
Earnings Yield | (0.13) | (0.0221) | 0.58 | 0.39 | 0.0387 | 0.0202 | |
Intangibles To Total Assets | 0.0618 | 0.0526 | 0.0489 | 0.0519 | 0.0543 | 0.055 | |
Net Debt To E B I T D A | 2.55 | 4.21 | 0.2 | 0.15 | 0.38 | 0.36 | |
Tangible Book Value Per Share | 34.6 | 31.51 | 42.46 | 55.64 | 55.89 | 37.38 | |
Receivables Turnover | 19.79 | 17.34 | 14.89 | 20.8 | 18.65 | 11.07 | |
Graham Number | 44.94 | 19.57 | 136.15 | 115.78 | 39.67 | 59.03 |
Pair Trading with ArcelorMittal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ArcelorMittal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ArcelorMittal will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to ArcelorMittal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ArcelorMittal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ArcelorMittal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ArcelorMittal SA ADR to buy it.
The correlation of ArcelorMittal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ArcelorMittal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ArcelorMittal SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ArcelorMittal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 estimate. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 (0.09) | Dividend Share 0.5 | Earnings Share 0.97 | Revenue Per Share 39.817 | Quarterly Revenue Growth (0.12) |
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.
Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different 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.