Arcelor Mittal NY Registry Shares NEW (MT) Company Bio
ArcelorMittal is a steel and mining company which produces flat steel products, including sheet and plate, and long steel products, including bars, rods and structural shapes, as well as various types of mining products, including iron ore lump, fines, concentrate and sinter feed, coking, pulverized coal injection and thermal coal. The company was founded in 1976 and is based in Luxembourg.
MT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that ArcelorMittal ranked in the 84th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of ArcelorMittal, consider:
42% of the company's capital comes from equity, which is greater than only 23.9% of stocks in our cash flow based forecasting set.
ArcelorMittal's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.21. This coverage rate is greater than that of only 21.68% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, ArcelorMittal experienced a tax rate of about 396% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than 98.36% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AXTA, USCR, NGVT, CMC, and NUE can be thought of as valuation peers to MT, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
ArcelorMittal (’the Company’) has today filed its 2019 report on Payments to Governments in respect of Extractive Activities, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2019 to governments regarding its mining operations. ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 18 countries.
ArcelorMittal (MT) sets out a plan to achieve carbon neutrality in its European operations by 2050, while also calling for investment support from the European Union as well as carbon border taxes.ArcelorMittal Europe's project for carbon-neutral steelmaking includes investing in Smart Carbon, which leverages clean energies within the high temperature-controlled...
ArcelorMittal on Thursday outlined plans and costs for steelmaking processes that produce less carbon, but also called for investment support from European Union states as well as carbon border taxes. Europe's steelmakers like ArcelorMittal, are under pressure to cut carbon emissions while maintaining profitability in a market where there is fierce competition, mainly from China. "The support the EU and member states can give to ensure we have a well-designed policy to make large-scale, competitive, carbon-neutral steelmaking a reality, is critical," Chief Financial Officer Aditya Mittal said on a call.
ArcelorMittal (the “Company”) announces that on 22 June 2020 it received two shareholding notifications from Société Générale SA. The notifications were made to reflect the entry into by Société Générale SA mainly of various financial instruments (as detailed in the notifications). These notifications are published pursuant to the Luxembourg law of 11 January 2008 on transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market, as amended from time to time, in view of a shareholding notification going above the 5% voting rights threshold.