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Is this Large Market Cap Stock target price reasonable for ArcelorMittal (NYSE:MT)?

The company in question is, ArcelorMittal (NYSE:MT) currently with a stock price of 6.25 (0.64% today). The market cap for ArcelorMittal is 18986.13, and is in the sector Basic Materials, and Steel & Iron industry. The target price for ArcelorMittal is 3.73. Currently ArcelorMittal is trading with a P/E of *TBA, and a forward P/E of 9.5. Average volume for ArcelorMittal is 17197.08 and so far today it is 15388400.

Performance in the last year for ArcelorMittal has been -2.19%. For EPS growth, ArcelorMittal has seen a growth of -620.80%, and is looking to grow in the next year to 49.55%. More long term stats show that EPS growth has been -30.50% over the last five years and could be *TBA for the next five years. ArcelorMittal has seen sales growth quarter over quarter at -71.00%, with EPS growth quarter over quarter at 276.20%. The 20-day simple moving average is 2.49%, with the 200-day simple moving average coming to 23.93%.

Since the IPO date for ArcelorMittal on the 8/7/1997, ArcelorMittal has seen performance year to date to be 48.10%. With ArcelorMittal trading at 6.25, the dividend yield is 2.43%, and the EPS is -3.05.

So could ArcelorMittal, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 0.33 and the P/B is at 0.62. The P/cash is 7.93, with P/free cash flow at *TBA.

ArcelorMittal ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 0.5. This is with long term debt/equity at 0.47, and total debt/equity at 0.51.

In terms of margins, ArcelorMittal has a gross margin of -13.00%, an operating margin of -5.50% and a profit margin of -11.60%.Payout ratio for ArcelorMittal is *TBA. Return on assets come to -8.50% with return on investment coming to -11.20%.

Insider ownership for ArcelorMittal, is at 44.80% and institutional ownership comes to 5.70%. Outstanding shares are at 3037.78. While shares float is 1488.66. The float short is currently 3.00%, and short ratio is 2.6.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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