Turning point - Arcelor Mittal hugely undervalued

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!