Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
ArcelorMittal South Africa Ltd is engaged in the manufacturing and distribution of a variety of steel products, encompassing both flat and long forms. The company's business activities are structured across its Steel Operations, Non-Steel Operations, and other segments. Its flat steel range includes hot rolled plates, alongside hot and cold rolled coils. Furthermore, the company supplies long steel products, commercial coke, and various by-products. The entity was previously known as Mittal Steel South Africa Limited until its rebranding to ArcelorMittal South Africa Ltd in October 2006. Founded in 1928, its headquarters are situated in Vanderbijlpark, South Africa. Arcelormittal Holdings Ag maintains ownership of ArcelorMittal South Africa Ltd as a subsidiary.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITD.