If there is no recession then the true value of Arcelor it triple the current price.
Steel manufacturers trade at huge discount when a crisis is expected. However, it is now hugely overdone for Arcelor Mittal.
It is trading at 3x Operating Cashflow!! It means that in 3 years the value is earned in cash.
Same for EBITDA 3x
P/E is approximately 6x
This is extremely cheap! Especially if they can refinance their debt at current low rates the P/E will even become cheaper.
Perfect moment to step in!
Steel manufacturers trade at huge discount when a crisis is expected. However, it is now hugely overdone for Arcelor Mittal.
It is trading at 3x Operating Cashflow!! It means that in 3 years the value is earned in cash.
Same for EBITDA 3x
P/E is approximately 6x
This is extremely cheap! Especially if they can refinance their debt at current low rates the P/E will even become cheaper.
Perfect moment to step in!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.