ArcelorMittal (MEX:MT) EV-to-EBIT: 35.36 (As of Jul. 30, 2026) — 388% Above Median

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MEX:MT ArcelorMittal SA MEX:MT
60 GF Score
Price MXN1,170.00
GF Value MXN491.85
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is ArcelorMittal EV-to-EBIT?

ArcelorMittal MEX:MT 60 EV-to-EBIT is 35.36 as of Jul. 30, 2026, which is 388% above its 10-year median of 7.25. GuruFocus rates MEX:MT with a GF Score™ of 60/100 and a GF Value™ of MXN491.85 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 492 Steel companies, ArcelorMittal ranks worse than 84.35% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ArcelorMittal's Enterprise Value is MXN1,062,730 Mil. ArcelorMittal's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN30,051 Mil. Therefore, ArcelorMittal's EV-to-EBIT for today is 35.36.

The historical rank and industry rank for ArcelorMittal's EV-to-EBIT or its related term are showing as below:

MEX:MT' s EV-to-EBIT Range Over the Past 10 Years
Min: -134.22   Med: 7.25   Max: 59.62
Current: 37.52

During the past 13 years, the highest EV-to-EBIT of ArcelorMittal was 59.62. The lowest was -134.22. And the median was 7.25.

MEX:MT's EV-to-EBIT is ranked worse than
84.35% of 492 companies
in the Steel industry
Industry Median: 12.975 vs MEX:MT: 37.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ArcelorMittal's Enterprise Value for the quarter that ended in Mar. 2026 was MXN896,516 Mil. ArcelorMittal's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN30,051 Mil. ArcelorMittal's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.35%.


ArcelorMittal  (MEX:MT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ArcelorMittal's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=30050.516/896516.364
=3.35 %

ArcelorMittal's Enterprise Value for the quarter that ended in Mar. 2026 was MXN896,516 Mil.
ArcelorMittal's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN30,051 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ArcelorMittal EV-to-EBIT Related Terms


ArcelorMittal EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for ArcelorMittal's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ArcelorMittal EV-to-EBIT Chart

ArcelorMittal Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.21 14.20 7.38 10.75

ArcelorMittal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.44 13.79 15.76 10.75 30.25

MEX:MT vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, ArcelorMittal's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ArcelorMittal EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ArcelorMittal's EV-to-EBIT falls into.


MEX:MT
60GF Score
ArcelorMittal SA MEX:MT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ArcelorMittal EV-to-EBIT Calculation

ArcelorMittal's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1062730.048/30050.516
=35.36

ArcelorMittal's current Enterprise Value is MXN1,062,730 Mil.
ArcelorMittal's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN30,051 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 35.36 mean?
ArcelorMittal (MEX:MT) has a EV-to-EBIT of 35.36 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ArcelorMittal and its competitors. This is 388% above median its historical median of 7.25. According to the industry distribution chart, ArcelorMittal ranks #415 out of 492 companies in the Steel industry, placing it in the top 84.3%.
Is ArcelorMittal's EV-to-EBIT too high?
ArcelorMittal's current EV-to-EBIT of 35.36 is 388% above median its 10-year median of 7.25. The Steel industry median EV-to-EBIT is 12.98. ArcelorMittal's value of 35.36 is 172.5% above this industry median. Based on the distribution chart, ArcelorMittal ranks #415 out of 492 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, ArcelorMittal has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ArcelorMittal's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, ArcelorMittal ranks #415 out of 492 companies for EV-to-EBIT. This places ArcelorMittal in the lower half of its industry. The industry median EV-to-EBIT is 12.98. ArcelorMittal's value of 35.36 is 172.5% above this benchmark. While the company's 10-year median is 7.25 vs. the industry median of 12.98, ArcelorMittal has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 12.98, based on 492 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ArcelorMittal's current EV-to-EBIT of 35.36 is 172.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ArcelorMittal and its competitors. For the Steel industry, the median EV-to-EBIT is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ArcelorMittal's current EV-to-EBIT is 35.36, which is 388% above median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ArcelorMittal stock overvalued right now?
Based on GuruFocus' analysis, ArcelorMittal (MEX:MT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN491.85, compared to a current price of MXN1,170.00 — trading 137.9% above its estimated fair value. The current EV-to-EBIT is 35.36, which is 388% above median its 10-year median of 7.25 and 172.5% above the Steel industry median of 12.98. ArcelorMittal's overall GF Score™ is 60/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For ArcelorMittal (MEX:MT), the current EV-to-EBIT is 35.36 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ArcelorMittal (MEX:MT) Overvalued in 2026?

Based on GuruFocus' analysis, ArcelorMittal stock appears to be overvalued. The current stock price of MXN1,170.00 is trading 137.9% above its estimated GF Value™ of MXN491.85. GuruFocus considers ArcelorMittal to be Significantly Overvalued.

Key valuation signals for MEX:MT:

  • EV-to-EBIT: 35.36 (388% above median its 10-year median of 7.25)
  • GF Value™: MXN491.85 vs. price of MXN1,170.00 (137.9% above fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 172.5% above the Steel median (#415 of 492)

No single metric tells the full story. See the MEX:MT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ArcelorMittal Business Description

Address 24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160
ArcelorMittal SA is an integrated steel and mining company. The company's reportable operating segments include North America, Brazil, Europe, India and JVs, Sustainable Solutions, and Mining. It generates maximum revenue from the Europe segment. The Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold to customers in the automotive, general, and packaging sectors, as well as producing long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from the United States, followed by Brazil, Canada, Mexico, Argentina, and other markets.
60GF Score

Get the complete analysis for MEX:MT

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,170.00
Price
MXN491.85
GF Value