RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Arcelormittal South Africa Stock

Arcelormittal South Africa P/E 2024

Arcelormittal South Africa P/E

-86.72

Ticker

ACL.JO

ISIN

ZAE000134961

WKN

A0RNR0

As of Dec 12, 2024, Arcelormittal South Africa's P/E ratio was -86.72, a -13.85% change from the -100.66 P/E ratio recorded in the previous year.

The Arcelormittal South Africa P/E history

Arcelormittal South Africa Aktienanalyse

What does Arcelormittal South Africa do?

ArcelorMittal South Africa Ltd (AMSA) is a company operating in the steel industry. It was formed in 2001 through the merger of South African steel manufacturers, Iscor Ltd and Kumba Resources Ltd. Since then, AMSA has become the largest steel company in South Africa and one of the largest steel producers globally. AMSA operates in three main business segments: flat products, long products, and coal. Flat products include sheets, coils, refractory products, and pipes. Long products include steel bars, concrete reinforcement steel, and wire products. The coal segment involves coal mining and processing. AMSA also engages in scrap processing, semi-finished products and raw materials manufacturing, and provides services related to the steel sector. The predecessor of AMSA, Iscor, was established in 1928 and was the leading South African steel manufacturer. It was involved in all aspects of steel production, from iron extraction to final processing. Iscor was nationalized in the 1970s and privatized in 1989. In the 1990s, the company operated on five continents and had successful acquisitions and mergers. In 2001, Iscor merged with Kumba Resources, a company specializing in mining and mineral processing. The newly formed company was named Mittal Steel South Africa Ltd and later renamed ArcelorMittal South Africa Ltd (AMSA) when it merged with Arcelor in 2006. The new company became the world's largest steel producer and is currently active in 60 countries. AMSA produces a wide range of flat and long steel products. Flat products include sheets, coils, refractory products, and pipes. Long products include steel bars, concrete reinforcement steel, and wire products. The coal segment focuses on coal mining and processing. AMSA is also involved in scrap processing, semi-finished products and raw materials manufacturing, and provides services related to the steel sector. The company also supplies products to support customers in the construction and infrastructure sectors. AMSA is able to develop customized products and solutions to meet the needs of its customers. AMSA's products are not only sold in South Africa but also exported to Asia, Europe, and other African countries. Emphasis is placed on high quality and reliability of delivery. Like many other steel manufacturers, AMSA faces challenges such as fluctuating market prices and a decline in demand. The demand for steel products has been negatively affected by the COVID-19 pandemic. However, the company has taken measures to minimize the impact, such as reducing production capacity. Another challenge is the cost factor in the coal segment. However, the company has invested in a new coal mine to largely meet its coal needs. AMSA's goal is to be a sustainable and competitive steel company that delivers high-quality products that meet customer needs. AMSA aims to successfully integrate environmental, social, and governance aspects into its business processes and commitments. To achieve this, the company has implemented measures such as the use of renewable energy sources, water conservation, and reducing carbon emissions in its production. In conclusion, ArcelorMittal South Africa Ltd is a significant steel producer founded in South Africa and currently operating internationally. The company produces a wide range of flat and long steel products and is also involved in scrap processing, semi-finished products and raw materials manufacturing, and providing services related to the steel sector. AMSA has overcome challenges in recent years and is now focused on being a sustainable and competitive company. Arcelormittal South Africa ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Arcelormittal South Africa's P/E Ratio

The Price to Earnings (P/E) Ratio of Arcelormittal South Africa is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Arcelormittal South Africa's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Arcelormittal South Africa is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Arcelormittal South Africa’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Arcelormittal South Africa stock

What is the price-to-earnings ratio of Arcelormittal South Africa?

The price-earnings ratio of Arcelormittal South Africa is currently -86.72.

How has the price-earnings ratio of Arcelormittal South Africa changed compared to last year?

The price-to-earnings ratio of Arcelormittal South Africa has increased by -13.85% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Arcelormittal South Africa high compared to other companies?

Yes, the price-to-earnings ratio of Arcelormittal South Africa is high compared to other companies.

How does an increase in the price-earnings ratio of Arcelormittal South Africa affect the company?

An increase in the price-earnings ratio of Arcelormittal South Africa would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Arcelormittal South Africa affect the company?

A decrease in the price-earnings ratio of Arcelormittal South Africa would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Arcelormittal South Africa?

Some factors that influence the price-earnings ratio of Arcelormittal South Africa are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Arcelormittal South Africa pay?

Over the past 12 months, Arcelormittal South Africa paid a dividend of 0.55 ZAR . This corresponds to a dividend yield of about 0.41 %. For the coming 12 months, Arcelormittal South Africa is expected to pay a dividend of 10.99 ZAR.

What is the dividend yield of Arcelormittal South Africa?

The current dividend yield of Arcelormittal South Africa is 0.41 %.

When does Arcelormittal South Africa pay dividends?

Arcelormittal South Africa pays a quarterly dividend. This is distributed in the months of April, July, September, September.

How secure is the dividend of Arcelormittal South Africa?

Arcelormittal South Africa paid dividends every year for the past 2 years.

What is the dividend of Arcelormittal South Africa?

For the upcoming 12 months, dividends amounting to 10.99 ZAR are expected. This corresponds to a dividend yield of 8.14 %.

In which sector is Arcelormittal South Africa located?

Arcelormittal South Africa is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Arcelormittal South Africa kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Arcelormittal South Africa from 9/5/2011 amounting to 0.55 ZAR, you needed to have the stock in your portfolio before the ex-date on 8/29/2011.

When did Arcelormittal South Africa pay the last dividend?

The last dividend was paid out on 9/5/2011.

What was the dividend of Arcelormittal South Africa in the year 2023?

In the year 2023, Arcelormittal South Africa distributed 0 ZAR as dividends.

In which currency does Arcelormittal South Africa pay out the dividend?

The dividends of Arcelormittal South Africa are distributed in ZAR.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Arcelormittal South Africa

Our stock analysis for Arcelormittal South Africa Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Arcelormittal South Africa Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.