Why NUCOR CORP (NYSE:NUE) should be investigated by quality investors.

In this article we will dive into NUCOR CORP (NYSE:NUE) as a possible candidate for quality investing. Investors should always do their own research, but we noticed NUCOR CORP showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Some of the quality metrics of NYSE:NUE highlighted

• NUCOR CORP has demonstrated significant revenue growth over the past 5 years, with a 15.44% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
• With a notable ROIC excluding cash and goodwill at 35.55%, NUCOR CORP demonstrates its commitment to generating sustainable returns for shareholders. This metric emphasizes the company's effective use of capital and its ability to deliver long-term value.
• With a favorable Debt/Free Cash Flow Ratio of 1.04, NUCOR CORP showcases its sound financial discipline and cash flow management. This ratio indicates the company's ability to service its debt obligations while maintaining sufficient free cash flow for future investments or operational needs.
• NUCOR CORP demonstrates consistent Profit Quality over the past 5 years, with a strong 100.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
• The 5-year EBIT growth of NUCOR CORP has been remarkable, with 40.75% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
• The EBIT 5-year growth of NUCOR CORP has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

What else is there to say on the fundamentals of NYSE:NUE?

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to NUE. NUE was compared to 152 industry peers in the Metals & Mining industry. NUE gets an excellent profitability rating and is at the same time showing great financial health properties. NUE is cheap, but on the other hand it scores bad on growth. These ratings could make NUE a good candidate for value investing.

For an up to date full fundamental analysis you can check the fundamental report of NUE

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.