About ArcelorMittal
ArcelorMittal South Africa Ltd manufactures and sells long and flat steel products. The company operates through Steel Operations, Non-Steel Operations, and Other. It offers flat steel products, including hot rolled plates, and hot and cold rolled coils. The company also offers long steel products, commercial coke, and by-products.
The company was formerly known as Mittal Steel South Africa Limited and changed its name to ArcelorMittal South Africa Ltd in October 2006. The company was founded in 1928 and is headquartered in Vanderbijlpark, South Africa. ArcelorMittal South Africa Ltd is a subsidiary of Arcelormittal Holdings Ag.
MT operates in the Manufacturing | Steel Works | approximately 157,900 employees | led by CEO Hendrik J. Verster.
Updated February 16, 2026
ArcelorMittal earns a Buy rating from our quantitative model with a composite score of 75/100, ranking #10 among 7,333 U.S. stocks. The model sees a stock with an above-average factor profile — not without risks, but with enough quantitative support to warrant a constructive outlook.
The strongest dimension is value at 98/100, which places MT in the top 2 percent of all stocks on this measure. momentum at 83/100 provides secondary support. No single factor falls below the average threshold, which is a constructive sign.
Within the Manufacturing sector, MT ranks 5th out of 50 peers, placing it in the 90th percentile. At $18.9 billion, the company is a well-established large cap.
Six-Factor Scorecard
Our model evaluates every U.S. stock across six independently measured dimensions. Each score represents a percentile rank — a score of 80 means the stock ranks higher than 80 percent of all companies on that factor.
Key Financial Metrics
Quality Analysis
ArcelorMittal's quality score of 71/100 reflects solid profitability that ranks above the majority of stocks. The quality factor evaluates margins, return on equity, return on assets, and earnings consistency — the fundamental building blocks of a durable business.
Return on equity of 2.2% exceeds the sector median of -2.0%. Gross margins of 9.3% suggest a commodity-like business with thin pricing power. Operating margins of 5.3% sit above the 3.0% sector average.
Net margins of 2.2% are positive but thin, leaving limited margin for error.
Valuation Assessment
A value score of 98/100 puts MT in the top 2 percent of all stocks on cheapness — suggesting the market is significantly underpricing the company's fundamentals. Key valuation metrics include a P/E ratio of 13.3x, an EV/EBITDA of 2.4x, a price-to-book of 0.3x, a price-to-sales of 0.3x. Deep value scores like this historically correlate with above-average forward returns, though they can also reflect legitimate concerns about business quality that the value factor does not capture.
Momentum & Timing
ArcelorMittal's momentum score of 83/100 places it among the strongest trending stocks in the market. The stock has been outperforming roughly 83 percent of all other companies over the relevant measurement window. The academic literature, starting with Jegadeesh and Titman's seminal 1993 research, demonstrates that stocks with this kind of relative strength tend to continue outperforming for three to twelve months.
Revenue growth of -8.5% is declining, which makes the momentum signal more precarious. A beta of 1.11 means ArcelorMittal moves roughly in line with the broader market.
Our entry timing model currently signals Favorable, which warrants caution despite the price trend.
Risk Factors
No investment comes without risks, and honest analysis requires flagging them clearly:
- Model limitations. Quantitative models measure what is measurable — financial ratios, price trends, leverage — but cannot capture qualitative factors like management quality, competitive positioning, or pending litigation. This analysis should be supplemented with fundamental due diligence.
- Market regime risk. Factor-based strategies perform differently across market regimes. The current factor exposures that support ArcelorMittal's rating may become headwinds if the macro environment shifts — for example, if interest rates move sharply or if sector rotation accelerates.
Bottom Line
ArcelorMittal earns a Buy rating with a composite score of 75/100 and 4 out of 5 stars, ranking #10 among 7,333 stocks. The factor profile is constructive — not without blemishes, but with enough quantitative support to position MT above the majority of the market.
Explore the full MT analysis page for interactive factor breakdowns, or view the complete stock rankings.
Disclaimer: This article is generated by Blank Capital Research's quantitative model and is provided for informational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance is not indicative of future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
