NUCOR CORP (NUE) Stock Fundamental Analysis
NYSE:NUE - New York Stock Exchange, Inc. - US6703461052 - Common Stock - Currency: USD
Taking everything into account, NUE scores 6 out of 10 in our fundamental rating. NUE was compared to 152 industry peers in the Metals & Mining industry. NUE has an excellent profitability rating, but 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
In the past year NUE was profitable.
NUE had a positive operating cash flow in the past year.
Each year in the past 5 years NUE has been profitable.
Each year in the past 5 years NUE had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NUE (5.95%) is better than 78.95% of its industry peers.
The Return On Equity of NUE (9.94%) is better than 77.63% of its industry peers.
With a decent Return On Invested Capital value of 8.07%, NUE is doing good in the industry, outperforming 75.66% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NUE is significantly above the industry average of 8.61%.
The 3 year average ROIC (17.84%) for NUE is well above the current ROIC(8.07%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 9.94% | ||
| ROIC | 8.07% |
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
Looking at the Profit Margin, with a value of 6.57%, NUE is in the better half of the industry, outperforming 74.34% of the companies in the same industry.
In the last couple of years the Profit Margin of NUE has grown nicely.
NUE has a Operating Margin of 9.69%. This is in the better half of the industry: NUE outperforms 65.13% of its industry peers.
NUE's Operating Margin has improved in the last couple of years.
The Gross Margin of NUE (13.35%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of NUE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.69% | ||
| PM (TTM) | 6.57% | ||
| GM | 13.35% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NUE is still creating some value.
The number of shares outstanding for NUE has been reduced compared to 1 year ago.
The number of shares outstanding for NUE has been reduced compared to 5 years ago.
NUE has a worse debt/assets ratio than last year.
2.2 Solvency
NUE has an Altman-Z score of 3.88. This indicates that NUE is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.88, NUE is doing good in the industry, outperforming 67.76% of the companies in the same industry.
NUE has a debt to FCF ratio of 8.62. This is a slightly negative value and a sign of low solvency as NUE would need 8.62 years to pay back of all of its debts.
NUE has a better Debt to FCF ratio (8.62) than 63.82% of its industry peers.
NUE has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.29, NUE is not doing good in the industry: 61.18% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 8.62 | ||
| Altman-Z | 3.88 |
ROIC/WACC0.81
WACC9.93%
2.3 Liquidity
A Current Ratio of 2.51 indicates that NUE has no problem at all paying its short term obligations.
With a Current ratio value of 2.51, NUE perfoms like the industry average, outperforming 58.55% of the companies in the same industry.
NUE has a Quick Ratio of 1.48. This is a normal value and indicates that NUE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NUE (1.48) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.51 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
NUE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.81%.
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
Measured over the past years, NUE shows a small growth in Revenue. The Revenue has been growing by 6.35% on average per year.
EPS 1Y (TTM)-50.81%
EPS 3Y-27.81%
EPS 5Y15.91%
EPS Q2Q%-61.39%
Revenue 1Y (TTM)-11.46%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%-8.16%
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.
NUE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.44% yearly.
EPS Next Y-8.6%
EPS Next 2Y12.47%
EPS Next 3Y14.22%
EPS Next 5Y4.45%
Revenue Next Year4.05%
Revenue Next 2Y4.96%
Revenue Next 3Y5.44%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 13.05, which indicates a correct valuation of NUE.
Based on the Price/Earnings ratio, NUE is valued cheaper than 88.82% of the companies in the same industry.
NUE is valuated cheaply when we compare the Price/Earnings ratio to 28.92, which is the current average of the S&P500 Index.
NUE is valuated correctly with a Price/Forward Earnings ratio of 14.28.
Based on the Price/Forward Earnings ratio, NUE is valued a bit cheaper than the industry average as 73.03% of the companies are valued more expensively.
NUE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.05 | ||
| Fwd PE | 14.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NUE is valued cheaply inside the industry as 80.26% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, NUE is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.04 | ||
| EV/EBITDA | 6.59 |
4.3 Compensation for Growth
The excellent profitability rating of NUE may justify a higher PE ratio.
NUE's earnings are expected to grow with 14.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y12.47%
EPS Next 3Y14.22%
5. Dividend
5.1 Amount
NUE has a Yearly Dividend Yield of 1.99%.
Compared to an average industry Dividend Yield of 2.98, NUE pays a bit more dividend than its industry peers.
NUE's Dividend Yield is slightly below the S&P500 average, which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
5.2 History
The dividend of NUE is nicely growing with an annual growth rate of 6.08%!
NUE has been paying a dividend for at least 10 years, so it has a reliable track record.
NUE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.08%
Div Incr Years33
Div Non Decr Years33
5.3 Sustainability
25.87% of the earnings are spent on dividend by NUE. This is a low number and sustainable payout ratio.
The dividend of NUE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP25.87%
EPS Next 2Y12.47%
EPS Next 3Y14.22%
NYSE:NUE (4/25/2025, 3:48:10 PM)
115.512
+0.22 (+0.19%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners78.28%
Inst Owner Change0.26%
Ins Owners0.53%
Ins Owner Change0.21%
Market Cap26.63B
Analysts76
Price Target156.42 (35.41%)
Short Float %2%
Short Ratio1.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
Yearly Dividend2.18
Dividend Growth(5Y)6.08%
DP25.87%
Div Incr Years33
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.56%
Min EPS beat(2)0.23%
Max EPS beat(2)84.88%
EPS beat(4)3
Avg EPS beat(4)22.99%
Min EPS beat(4)-6.27%
Max EPS beat(4)84.88%
EPS beat(8)7
Avg EPS beat(8)15.78%
EPS beat(12)10
Avg EPS beat(12)12.48%
EPS beat(16)11
Avg EPS beat(16)9.68%
Revenue beat(2)2
Avg Revenue beat(2)2.41%
Min Revenue beat(2)1.24%
Max Revenue beat(2)3.59%
Revenue beat(4)3
Avg Revenue beat(4)1.61%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)4.06%
Revenue beat(8)4
Avg Revenue beat(8)0.51%
Revenue beat(12)7
Avg Revenue beat(12)0.78%
Revenue beat(16)9
Avg Revenue beat(16)0.64%
PT rev (1m)-0.68%
PT rev (3m)-6.47%
EPS NQ rev (1m)-41.17%
EPS NQ rev (3m)-63.82%
EPS NY rev (1m)10.24%
EPS NY rev (3m)-11.52%
Revenue NQ rev (1m)-0.69%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)2.45%
Revenue NY rev (3m)3.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.05 | ||
| Fwd PE | 14.28 | ||
| P/S | 0.87 | ||
| P/FCF | 33.04 | ||
| P/OCF | 6.69 | ||
| P/B | 1.31 | ||
| P/tB | 2.07 | ||
| EV/EBITDA | 6.59 |
EPS(TTM)8.85
EY7.66%
EPS(NY)8.09
Fwd EY7%
FCF(TTM)3.5
FCFY3.03%
OCF(TTM)17.26
OCFY14.94%
SpS133.31
BVpS88.03
TBVpS55.83
PEG (NY)N/A
PEG (5Y)0.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 9.94% | ||
| ROCE | 10.29% | ||
| ROIC | 8.07% | ||
| ROICexc | 9.41% | ||
| ROICexgc | 13.37% | ||
| OM | 9.69% | ||
| PM (TTM) | 6.57% | ||
| GM | 13.35% | ||
| FCFM | 2.62% |
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%
ROICexcg growth 3Y-36.34%
ROICexcg 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-Score5
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 8.62 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 234% | ||
| Cap/Sales | 10.32% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.79% | ||
| Profit Quality | 39.94% | ||
| Current Ratio | 2.51 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 3.88 |
F-Score5
WACC9.93%
ROIC/WACC0.81
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)-50.81%
EPS 3Y-27.81%
EPS 5Y15.91%
EPS Q2Q%-61.39%
EPS Next Y-8.6%
EPS Next 2Y12.47%
EPS Next 3Y14.22%
EPS Next 5Y4.45%
Revenue 1Y (TTM)-11.46%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%-8.16%
Revenue Next Year4.05%
Revenue Next 2Y4.96%
Revenue Next 3Y5.44%
Revenue Next 5YN/A
EBIT growth 1Y-52.19%
EBIT growth 3Y-31.62%
EBIT growth 5Y8.65%
EBIT Next Year41.99%
EBIT Next 3Y23.85%
EBIT Next 5Y17.32%
FCF growth 1Y-83.54%
FCF growth 3Y-44.08%
FCF growth 5Y-9.56%
OCF growth 1Y-44.05%
OCF growth 3Y-13.89%
OCF growth 5Y7.21%