ArcelorMittal Pretax Profit Margin vs Price To Sales Ratio Analysis

MT Stock  USD 25.37  0.15  0.59%   
ArcelorMittal financial indicator trend analysis is way more than just evaluating ArcelorMittal SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ArcelorMittal SA ADR is a good investment. Please check the relationship between ArcelorMittal Pretax Profit Margin and its Price To Sales Ratio accounts. 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.

Pretax Profit Margin vs Price To Sales Ratio

Pretax Profit Margin vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ArcelorMittal SA ADR Pretax Profit Margin account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between ArcelorMittal's Pretax Profit Margin and Price To Sales Ratio is 0.39. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of ArcelorMittal SA ADR, assuming nothing else is changed. The correlation between historical values of ArcelorMittal's Pretax Profit Margin and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of ArcelorMittal SA ADR are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pretax Profit Margin i.e., ArcelorMittal's Pretax Profit Margin and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pretax Profit Margin

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.
Most indicators from ArcelorMittal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 34.5 B in 2024, whereas Tax Provision is likely to drop slightly above 356.4 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue57.3B67.3B63.5B50.5B
EBITDA20.6B15.1B7.6B9.9B

ArcelorMittal fundamental ratios Correlations

0.780.720.940.920.920.610.510.410.490.98-0.070.490.90.520.790.920.720.630.930.920.81-0.080.490.570.74
0.780.710.570.520.930.910.08-0.050.140.87-0.260.140.670.050.970.540.280.350.90.490.76-0.480.840.540.25
0.720.710.580.630.70.650.24-0.240.190.74-0.60.190.780.180.650.580.490.720.690.60.41-0.270.530.240.25
0.940.570.580.90.780.420.530.640.530.880.160.530.840.760.630.930.770.670.850.950.750.050.260.620.86
0.920.520.630.90.730.330.70.460.650.85-0.070.650.880.520.50.920.830.60.710.970.660.180.240.310.83
0.920.930.70.780.730.830.250.220.240.98-0.140.240.810.30.940.760.470.490.970.70.83-0.350.70.640.5
0.610.910.650.420.330.83-0.27-0.16-0.160.73-0.24-0.160.530.00.90.410.110.30.790.290.58-0.720.850.540.09
0.510.080.240.530.70.25-0.270.390.680.39-0.10.680.540.320.030.590.680.320.240.70.330.73-0.21-0.030.62
0.41-0.05-0.240.640.460.22-0.160.390.450.320.750.450.240.790.070.560.470.170.310.580.410.3-0.230.490.79
0.490.140.190.530.650.24-0.160.680.450.390.11.00.280.360.070.460.520.190.270.650.340.360.02-0.020.67
0.980.870.740.880.850.980.730.390.320.39-0.120.390.870.420.870.860.610.580.960.830.82-0.220.60.60.64
-0.07-0.26-0.60.16-0.07-0.14-0.24-0.10.750.1-0.120.1-0.250.45-0.170.0-0.03-0.27-0.050.040.20.13-0.280.240.33
0.490.140.190.530.650.24-0.160.680.451.00.390.10.280.360.070.460.520.190.270.650.340.360.02-0.020.67
0.90.670.780.840.880.810.530.540.240.280.87-0.250.280.40.650.880.810.660.80.860.70.010.370.40.58
0.520.050.180.760.520.30.00.320.790.360.420.450.360.40.20.640.520.670.460.660.30.13-0.240.610.75
0.790.970.650.630.50.940.90.030.070.070.87-0.170.070.650.20.60.270.430.950.50.75-0.510.790.720.3
0.920.540.580.930.920.760.410.590.560.460.860.00.460.880.640.60.790.680.790.950.680.120.240.580.84
0.720.280.490.770.830.470.110.680.470.520.61-0.030.520.810.520.270.790.460.50.860.420.270.110.160.65
0.630.350.720.670.60.490.30.320.170.190.58-0.270.190.660.670.430.680.460.570.650.28-0.04-0.040.490.5
0.930.90.690.850.710.970.790.240.310.270.96-0.050.270.80.460.950.790.50.570.740.83-0.320.650.750.56
0.920.490.60.950.970.70.290.70.580.650.830.040.650.860.660.50.950.860.650.740.670.220.190.440.88
0.810.760.410.750.660.830.580.330.410.340.820.20.340.70.30.750.680.420.280.830.67-0.070.460.570.58
-0.08-0.48-0.270.050.18-0.35-0.720.730.30.36-0.220.130.360.010.13-0.510.120.27-0.04-0.320.22-0.07-0.62-0.280.35
0.490.840.530.260.240.70.85-0.21-0.230.020.6-0.280.020.37-0.240.790.240.11-0.040.650.190.46-0.620.3-0.04
0.570.540.240.620.310.640.54-0.030.49-0.020.60.24-0.020.40.610.720.580.160.490.750.440.57-0.280.30.48
0.740.250.250.860.830.50.090.620.790.670.640.330.670.580.750.30.840.650.50.560.880.580.35-0.040.48
Click cells to compare fundamentals

ArcelorMittal Account Relationship Matchups

ArcelorMittal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.9B82.1B90.5B94.5B93.9B79.6B
Short Long Term Debt Total14.3B12.3B8.4B11.7B10.7B15.4B
Other Current Liab5.8B8.6B7.1B6.2B5.7B5.3B
Total Current Liabilities21.3B22.7B24.2B22.4B21.8B18.3B
Total Stockholder Equity38.5B38.3B49.1B53.2B54.0B35.4B
Property Plant And Equipment Net36.2B30.6B30.1B30.2B33.7B34.5B
Net Debt9.3B6.4B4.0B2.2B2.9B2.8B
Retained Earnings22.9B22.1B36.7B45.4B46.3B48.6B
Accounts Payable12.6B11.5B15.1B13.5B13.6B8.9B
Cash5.0B6.0B4.4B9.4B7.8B4.2B
Non Current Assets Total59.3B54.1B55.6B57.4B60.7B53.7B
Non Currrent Assets Other2.4B4.5B2.6B3.0B669M635.6M
Cash And Short Term Investments5.0B6.0B4.4B9.4B7.8B4.2B
Net Receivables3.6B3.1B5.1B3.8B3.7B4.1B
Common Stock Shares Outstanding1.0B1.1B1.1B914M845M636.8M
Liabilities And Stockholders Equity87.9B82.1B90.5B94.5B93.9B79.6B
Non Current Liabilities Total26.1B19.1B15.0B16.6B16.1B23.3B
Inventory17.3B12.3B19.9B20.1B18.8B14.3B
Other Current Assets2.8B2.3B5.6B3.8B3.0B2.6B
Other Stockholder Equity34.2B35.5B30.1B30.2B26.3B23.7B
Total Liab47.4B41.8B39.2B39.0B37.8B41.6B
Total Current Assets28.6B28.0B34.9B37.1B33.2B25.8B
Short Term Debt2.9B2.5B1.9B2.6B2.3B3.0B
Short Term Investments246M393M607M828M952.2M999.8M
Accumulated Other Comprehensive Income(19.0B)(19.8B)(18.1B)(22.8B)(18.9B)(18.0B)
Other Liab14.7B9.3B8.5B7.5B8.6B9.8B
Other Assets10.3B9.3B9.9B11.6B13.3B6.7B
Long Term Debt10.6B9.8B6.5B9.1B7.4B13.7B
Intangible Assets328M320M494M1.1B5.1B5.4B
Property Plant Equipment36.2B30.6B30.1B30.2B34.7B38.5B
Treasury Stock(569M)(602M)(538M)(2.2B)(2.5B)(2.4B)
Current Deferred Revenue49M73M63M67M109M103.6M
Good Will5.1B4.0B3.9B3.8B3.9B6.2B
Net Tangible Assets33.1B34.0B44.7B48.2B55.5B38.3B
Long Term Investments7.3B6.8B10.3B10.8B10.6B8.4B
Short Long Term Debt2.6B2.5B1.9B2.6B2.1B3.2B

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When determining whether ArcelorMittal SA ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ArcelorMittal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arcelormittal Sa Adr Stock. Highlighted below are key reports to facilitate an investment decision about Arcelormittal Sa Adr Stock:
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.
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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
(0.01)
Dividend Share
0.5
Earnings Share
1.09
Revenue Per Share
40.5435
Quarterly Revenue Growth
(0.14)
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.