NUCOR CORP (NUE) Stock Fundamental Analysis
USA - NYSE:NUE - US6703461052 - Common Stock
147.78 USD
+1.97 (+1.35%)
150 USD
+2.22 (+1.5%)
NUE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. While NUE has a great profitability rating, there are some minor concerns on its financial health. NUE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NUE had positive earnings in the past year.
In the past year NUE had a positive cash flow from operations.
NUE had positive earnings in each of the past 5 years.
In the past 5 years NUE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of NUE (3.77%) is better than 70.78% of its industry peers.
Looking at the Return On Equity, with a value of 6.33%, NUE is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
NUE has a better Return On Invested Capital (5.64%) than 64.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NUE is above the industry average of 12.85%.
The last Return On Invested Capital (5.64%) for NUE is well below the 3 year average (17.84%), which needs to be investigated, but indicates that NUE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.77% | ||
| ROE | 6.33% | ||
| ROIC | 5.64% |
ROA(3y)14.01%
ROA(5y)14.38%
ROE(3y)24.2%
ROE(5y)25.55%
ROIC(3y)17.84%
ROIC(5y)19.27%
1.3 Margins
NUE has a Profit Margin of 4.19%. This is in the better half of the industry: NUE outperforms 66.88% of its industry peers.
NUE's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 6.99%, NUE is in the better half of the industry, outperforming 61.04% of the companies in the same industry.
In the last couple of years the Operating Margin of NUE has grown nicely.
NUE has a Gross Margin (10.43%) which is comparable to the rest of the industry.
NUE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.99% | ||
| PM (TTM) | 4.19% | ||
| GM | 10.43% |
OM growth 3Y-27.6%
OM growth 5Y2.16%
PM growth 3Y-29.36%
PM growth 5Y3.25%
GM growth 3Y-23.78%
GM growth 5Y2.32%
2. Health
2.1 Basic Checks
NUE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
NUE has less shares outstanding than it did 1 year ago.
NUE has less shares outstanding than it did 5 years ago.
NUE has a worse debt/assets ratio than last year.
2.2 Solvency
NUE has an Altman-Z score of 4.10. This indicates that NUE is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of NUE (4.10) is better than 61.04% of its industry peers.
NUE has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.34, NUE is not doing good in the industry: 69.48% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.1 |
ROIC/WACC0.64
WACC8.86%
2.3 Liquidity
A Current Ratio of 2.83 indicates that NUE has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.83, NUE is in line with its industry, outperforming 56.49% of the companies in the same industry.
NUE has a Quick Ratio of 1.51. This is a normal value and indicates that NUE is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.51, NUE perfoms like the industry average, outperforming 46.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.83 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The earnings per share for NUE have decreased strongly by -32.62% in the last year.
NUE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.91% yearly.
The Revenue for NUE has decreased by -11.46% in the past year. This is quite bad
NUE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.35% yearly.
EPS 1Y (TTM)-32.62%
EPS 3Y-27.81%
EPS 5Y15.91%
EPS Q2Q%76.51%
Revenue 1Y (TTM)-11.46%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
3.2 Future
NUE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.45% yearly.
The Revenue is expected to grow by 5.72% on average over the next years.
EPS Next Y-8.61%
EPS Next 2Y12.34%
EPS Next 3Y15.87%
EPS Next 5Y4.45%
Revenue Next Year7.35%
Revenue Next 2Y6.05%
Revenue Next 3Y5.72%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.33, the valuation of NUE can be described as rather expensive.
78.57% of the companies in the same industry are more expensive than NUE, based on the Price/Earnings ratio.
NUE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.89.
With a Price/Forward Earnings ratio of 13.23, NUE is valued correctly.
NUE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NUE is cheaper than 67.53% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NUE to the average of the S&P500 Index (34.59), we can say NUE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.33 | ||
| Fwd PE | 13.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NUE is valued a bit cheaper than the industry average as 70.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.46 |
4.3 Compensation for Growth
The excellent profitability rating of NUE may justify a higher PE ratio.
A more expensive valuation may be justified as NUE's earnings are expected to grow with 15.87% in the coming years.
PEG (NY)N/A
PEG (5Y)1.28
EPS Next 2Y12.34%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.51%, NUE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.63, NUE pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.44, NUE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
5.2 History
On average, the dividend of NUE grows each year by 6.08%, which is quite nice.
NUE has been paying a dividend for at least 10 years, so it has a reliable track record.
NUE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.08%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
39.96% of the earnings are spent on dividend by NUE. This is a low number and sustainable payout ratio.
NUE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.96%
EPS Next 2Y12.34%
EPS Next 3Y15.87%
147.78
+1.97 (+1.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners77.34%
Inst Owner Change-0.26%
Ins Owners0.45%
Ins Owner Change-0.25%
Market Cap33.92B
Revenue(TTM)30.73B
Net Income(TTM)1.29B
Analysts81
Price Target161.61 (9.36%)
Short Float %1.88%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
Yearly Dividend2.18
Dividend Growth(5Y)6.08%
DP39.96%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.09%
Min EPS beat(2)-1.2%
Max EPS beat(2)17.38%
EPS beat(4)3
Avg EPS beat(4)25.32%
Min EPS beat(4)-1.2%
Max EPS beat(4)84.88%
EPS beat(8)6
Avg EPS beat(8)15.34%
EPS beat(12)9
Avg EPS beat(12)12.8%
EPS beat(16)11
Avg EPS beat(16)10.29%
Revenue beat(2)1
Avg Revenue beat(2)2.72%
Min Revenue beat(2)-1.93%
Max Revenue beat(2)7.36%
Revenue beat(4)3
Avg Revenue beat(4)2.57%
Min Revenue beat(4)-1.93%
Max Revenue beat(4)7.36%
Revenue beat(8)5
Avg Revenue beat(8)1.96%
Revenue beat(12)7
Avg Revenue beat(12)1.33%
Revenue beat(16)9
Avg Revenue beat(16)0.86%
PT rev (1m)1.06%
PT rev (3m)4.22%
EPS NQ rev (1m)-2.09%
EPS NQ rev (3m)-13.63%
EPS NY rev (1m)-3.33%
EPS NY rev (3m)-3.26%
Revenue NQ rev (1m)-0.62%
Revenue NQ rev (3m)-3.92%
Revenue NY rev (1m)0.66%
Revenue NY rev (3m)0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.33 | ||
| Fwd PE | 13.23 | ||
| P/S | 1.1 | ||
| P/FCF | N/A | ||
| P/OCF | 10.84 | ||
| P/B | 1.66 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 10.46 |
EPS(TTM)7.27
EY4.92%
EPS(NY)11.17
Fwd EY7.56%
FCF(TTM)-1.68
FCFYN/A
OCF(TTM)13.64
OCFY9.23%
SpS134.21
BVpS88.83
TBVpS57
PEG (NY)N/A
PEG (5Y)1.28
Graham Number120.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.77% | ||
| ROE | 6.33% | ||
| ROCE | 7.16% | ||
| ROIC | 5.64% | ||
| ROICexc | 6.14% | ||
| ROICexgc | 8.34% | ||
| OM | 6.99% | ||
| PM (TTM) | 4.19% | ||
| GM | 10.43% | ||
| FCFM | N/A |
ROA(3y)14.01%
ROA(5y)14.38%
ROE(3y)24.2%
ROE(5y)25.55%
ROIC(3y)17.84%
ROIC(5y)19.27%
ROICexc(3y)21.93%
ROICexc(5y)23.06%
ROICexgc(3y)31.53%
ROICexgc(5y)31.51%
ROCE(3y)22.62%
ROCE(5y)24.46%
ROICexgc growth 3Y-36.34%
ROICexgc growth 5Y-0.84%
ROICexc growth 3Y-38.58%
ROICexc growth 5Y-3.14%
OM growth 3Y-27.6%
OM growth 5Y2.16%
PM growth 3Y-29.36%
PM growth 5Y3.25%
GM growth 3Y-23.78%
GM growth 5Y2.32%
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.9 | ||
| Cap/Depr | 243.65% | ||
| Cap/Sales | 11.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.83 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 4.1 |
F-Score4
WACC8.86%
ROIC/WACC0.64
Cap/Depr(3y)202.33%
Cap/Depr(5y)198.22%
Cap/Sales(3y)7.13%
Cap/Sales(5y)6.7%
Profit Quality(3y)85.27%
Profit Quality(5y)96.9%
High Growth Momentum
Growth
EPS 1Y (TTM)-32.62%
EPS 3Y-27.81%
EPS 5Y15.91%
EPS Q2Q%76.51%
EPS Next Y-8.61%
EPS Next 2Y12.34%
EPS Next 3Y15.87%
EPS Next 5Y4.45%
Revenue 1Y (TTM)-11.46%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
Revenue Next Year7.35%
Revenue Next 2Y6.05%
Revenue Next 3Y5.72%
Revenue Next 5YN/A
EBIT growth 1Y-53.7%
EBIT growth 3Y-31.62%
EBIT growth 5Y8.65%
EBIT Next Year49.97%
EBIT Next 3Y25.02%
EBIT Next 5Y18.15%
FCF growth 1Y-105.98%
FCF growth 3Y-44.08%
FCF growth 5Y-9.56%
OCF growth 1Y-63.03%
OCF growth 3Y-13.89%
OCF growth 5Y7.21%
NUCOR CORP / NUE FAQ
What is the ChartMill fundamental rating of NUCOR CORP (NUE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to NUE.
What is the valuation status for NUE stock?
ChartMill assigns a valuation rating of 4 / 10 to NUCOR CORP (NUE). This can be considered as Fairly Valued.
How profitable is NUCOR CORP (NUE) stock?
NUCOR CORP (NUE) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for NUE stock?
The Price/Earnings (PE) ratio for NUCOR CORP (NUE) is 20.33 and the Price/Book (PB) ratio is 1.66.
What is the financial health of NUCOR CORP (NUE) stock?
The financial health rating of NUCOR CORP (NUE) is 5 / 10.