ArcelorMittal (MEX:MT) EV-to-EBITDA: 10.52 (As of Aug. 01, 2026) — 107% Above Median

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MEX:MT ArcelorMittal SA MEX:MT
61 GF Score
Price MXN1,170.00
GF Value MXN465.57
Valuation Significantly Overvalued
! 13 Warning Signs
View Full Analysis

What is ArcelorMittal EV-to-EBITDA?

ArcelorMittal MEX:MT 61 EV-to-EBITDA is 10.52 as of Aug. 01, 2026, which is 107% above its 10-year median of 5.07. GuruFocus rates MEX:MT with a GF Score™ of 61/100 and a GF Value™ of MXN465.57 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 529 Steel companies, ArcelorMittal ranks worse than 71.83% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, ArcelorMittal's enterprise value is MXN1,116,511 Mil. ArcelorMittal's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was MXN106,132 Mil. Therefore, ArcelorMittal's EV-to-EBITDA for today is 10.52.

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

MEX:MT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.26   Med: 5.07   Max: 20.26
Current: 10.96

During the past 13 years, the highest EV-to-EBITDA of ArcelorMittal was 20.26. The lowest was 1.26. And the median was 5.07.

MEX:MT's EV-to-EBITDA is ranked worse than
71.83% of 529 companies
in the Steel industry
Industry Median: 9.84 vs MEX:MT: 10.96

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-01), ArcelorMittal's stock price is MXN1170.00. ArcelorMittal's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was MXN42.006. Therefore, ArcelorMittal's PE Ratio (TTM) for today is 27.85.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

ArcelorMittal's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1170.00/42.006
=27.85

ArcelorMittal's share price for today is MXN1170.00.
ArcelorMittal's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN42.006.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


ArcelorMittal EV-to-EBITDA Related Terms


ArcelorMittal EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ArcelorMittal's EV-to-EBITDA 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-EBITDA Chart

ArcelorMittal Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.81 6.03 4.17 6.31

ArcelorMittal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 4.45 4.96 6.31 7.13 9.76

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

For the Steel subindustry, ArcelorMittal's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Steel Industry

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

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


MEX:MT
61GF Score
ArcelorMittal SA MEX:MT
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ArcelorMittal EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1116510.675/106131.628
=10.52

ArcelorMittal's current Enterprise Value is MXN1,116,511 Mil.
ArcelorMittal's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN106,132 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-EBITDA →
What does a EV-to-EBITDA of 10.52 mean?
ArcelorMittal (MEX:MT) has a EV-to-EBITDA of 10.52 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ArcelorMittal. This is 107% above median its historical median of 5.07. Over the past decade, ArcelorMittal's EV-to-EBITDA has ranged from 1.26 to 20.26. According to the industry distribution chart, ArcelorMittal ranks #380 out of 529 companies in the Steel industry, placing it in the top 71.8%.
Is ArcelorMittal's EV-to-EBITDA too high?
ArcelorMittal's current EV-to-EBITDA of 10.52 is 107% above median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 20.26. The Steel industry median EV-to-EBITDA is 9.84. ArcelorMittal's value of 10.52 is 6.9% above this industry median. Based on the distribution chart, ArcelorMittal ranks #380 out of 529 companies in the Steel industry, which is below the industry midpoint. Overall, ArcelorMittal has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ArcelorMittal's EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, ArcelorMittal ranks #380 out of 529 companies for EV-to-EBITDA. This places ArcelorMittal in the lower half of its industry. The industry median EV-to-EBITDA is 9.84. ArcelorMittal's value of 10.52 is 6.9% above this benchmark. Historically, ArcelorMittal's own EV-to-EBITDA has ranged from 1.26 to 20.26 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 9.84, 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-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.84, based on 529 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ArcelorMittal's current EV-to-EBITDA of 10.52 is 6.9% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ArcelorMittal. For the Steel industry, the median EV-to-EBITDA is 9.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ArcelorMittal's current EV-to-EBITDA is 10.52, which is 107% above median its own 10-year median of 5.07. 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 MXN465.57, compared to a current price of MXN1,170.00 — trading 151.3% above its estimated fair value. The current EV-to-EBITDA is 10.52, which is 107% above median its 10-year median of 5.07 and 6.9% above the Steel industry median of 9.84. ArcelorMittal's overall GF Score™ is 61/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For ArcelorMittal (MEX:MT), the current EV-to-EBITDA is 10.52 as of Aug. 01, 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 151.3% above its estimated GF Value™ of MXN465.57. GuruFocus considers ArcelorMittal to be Significantly Overvalued.

Key valuation signals for MEX:MT:

  • EV-to-EBITDA: 10.52 (107% above median its 10-year median of 5.07)
  • GF Value™: MXN465.57 vs. price of MXN1,170.00 (151.3% above fair value)
  • GF Score™: 61/100 with 13 warning signs
  • Industry Position: 6.9% above the Steel median (#380 of 529)

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.
61GF Score

Get the complete analysis for MEX:MT

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

MXN1,170.00
Price
MXN465.57
GF Value