NUCOR CORP (NUE) Stock Fundamental Analysis
NYSE:NUE - New York Stock Exchange, Inc. - US6703461052 - Common Stock
Overall NUE gets a fundamental rating of 6 out of 10. We evaluated NUE against 154 industry peers in the Metals & Mining industry. NUE has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. NUE is valued quite cheap, but it does not seem to be growing. These ratings would make NUE suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year NUE was profitable.
NUE had a positive operating cash flow in the past year.
In the past 5 years NUE has always been profitable.
In the past 5 years NUE always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.77%, NUE belongs to the top of the industry, outperforming 87.07% of the companies in the same industry.
Looking at the Return On Equity, with a value of 16.39%, NUE belongs to the top of the industry, outperforming 86.39% of the companies in the same industry.
NUE has a better Return On Invested Capital (13.21%) than 91.84% of its industry peers.
NUE had an Average Return On Invested Capital over the past 3 years of 26.80%. This is significantly above the industry average of 8.76%.
The last Return On Invested Capital (13.21%) for NUE is well below the 3 year average (26.80%), which needs to be investigated, but indicates that NUE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.77% | ||
| ROE | 16.39% | ||
| ROIC | 13.21% |
ROA(3y)20.8%
ROA(5y)14.57%
ROE(3y)37.05%
ROE(5y)26%
ROIC(3y)26.8%
ROIC(5y)19.48%
1.3 Margins
NUE has a better Profit Margin (8.50%) than 79.59% of its industry peers.
In the last couple of years the Profit Margin of NUE has grown nicely.
With a decent Operating Margin value of 12.48%, NUE is doing good in the industry, outperforming 70.75% of the companies in the same industry.
In the last couple of years the Operating Margin of NUE has grown nicely.
With a Gross Margin value of 16.18%, NUE perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
NUE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.48% | ||
| PM (TTM) | 8.5% | ||
| GM | 16.18% |
OM growth 3Y30.38%
OM growth 5Y5.64%
PM growth 3Y53.94%
PM growth 5Y6.72%
GM growth 3Y26.47%
GM growth 5Y5.75%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NUE is creating value.
Compared to 1 year ago, NUE has less shares outstanding
Compared to 5 years ago, NUE has less shares outstanding
The debt/assets ratio for NUE has been reduced compared to a year ago.
2.2 Solvency
NUE has an Altman-Z score of 4.41. This indicates that NUE is financially healthy and has little risk of bankruptcy at the moment.
NUE's Altman-Z score of 4.41 is fine compared to the rest of the industry. NUE outperforms 66.67% of its industry peers.
The Debt to FCF ratio of NUE is 3.96, which is a good value as it means it would take NUE, 3.96 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.96, NUE is in the better half of the industry, outperforming 70.07% of the companies in the same industry.
A Debt/Equity ratio of 0.29 indicates that NUE is not too dependend on debt financing.
NUE has a worse Debt to Equity ratio (0.29) than 63.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 4.41 |
ROIC/WACC1.24
WACC10.62%
2.3 Liquidity
NUE has a Current Ratio of 2.59. This indicates that NUE is financially healthy and has no problem in meeting its short term obligations.
NUE has a Current ratio of 2.59. This is comparable to the rest of the industry: NUE outperforms 56.46% of its industry peers.
A Quick Ratio of 1.61 indicates that NUE should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.61, NUE is in line with its industry, outperforming 53.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.59 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
The earnings per share for NUE have decreased strongly by -45.28% in the last year.
Measured over the past years, NUE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.68% on average per year.
The Revenue has grown by 10.54% in the past year. This is quite good.
Measured over the past years, NUE shows a small growth in Revenue. The Revenue has been growing by 6.73% on average per year.
EPS 1Y (TTM)-45.28%
EPS 3Y76%
EPS 5Y18.68%
EPS Q2Q%-67.4%
Revenue 1Y (TTM)10.54%
Revenue growth 3Y19.9%
Revenue growth 5Y6.73%
Sales Q2Q%-15.17%
3.2 Future
Based on estimates for the next years, NUE will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.49% on average per year.
NUE is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.42% yearly.
EPS Next Y-52.16%
EPS Next 2Y-28.72%
EPS Next 3Y-12.49%
EPS Next 5YN/A
Revenue Next Year-12.11%
Revenue Next 2Y-5.88%
Revenue Next 3Y-1.42%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.59, the valuation of NUE can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of NUE indicates a rather cheap valuation: NUE is cheaper than 84.35% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of NUE to the average of the S&P500 Index (28.29), we can say NUE is valued rather cheaply.
With a Price/Forward Earnings ratio of 13.68, NUE is valued correctly.
Based on the Price/Forward Earnings ratio, NUE is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.44, NUE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.59 | ||
| Fwd PE | 13.68 |
4.2 Price Multiples
NUE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NUE is cheaper than 89.12% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NUE is valued cheaper than 80.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.75 | ||
| EV/EBITDA | 4.91 |
4.3 Compensation for Growth
NUE has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as NUE's earnings are expected to decrease with -12.49% in the coming years.
PEG (NY)N/A
PEG (5Y)0.62
EPS Next 2Y-28.72%
EPS Next 3Y-12.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.78%, NUE has a reasonable but not impressive dividend return.
NUE's Dividend Yield is a higher than the industry average which is at 3.22.
Compared to the average S&P500 Dividend Yield of 2.28, NUE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
5.2 History
The dividend of NUE has a limited annual growth rate of 5.86%.
NUE has paid a dividend for at least 10 years, which is 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)5.86%
Div Incr Years33
Div Non Decr Years33
5.3 Sustainability
NUE pays out 15.50% of its income as dividend. This is a sustainable payout ratio.
DP15.5%
EPS Next 2Y-28.72%
EPS Next 3Y-12.49%
NUCOR CORP
NYSE:NUE (1/21/2025, 8:17:41 PM)
Premarket: 126 +0.93 (+0.74%)125.07
+0.54 (+0.43%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners79.5%
Inst Owner Change0.08%
Ins Owners0.53%
Ins Owner Change-0.21%
Market Cap29.37B
Analysts74
Price Target167.24 (33.72%)
Short Float %2.04%
Short Ratio2.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
Yearly Dividend2.07
Dividend Growth(5Y)5.86%
DP15.5%
Div Incr Years33
Div Non Decr Years33
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.68%
Min EPS beat(2)0.23%
Max EPS beat(2)13.12%
EPS beat(4)3
Avg EPS beat(4)3.78%
Min EPS beat(4)-6.27%
Max EPS beat(4)13.12%
EPS beat(8)7
Avg EPS beat(8)7.11%
EPS beat(12)9
Avg EPS beat(12)5.38%
EPS beat(16)11
Avg EPS beat(16)4.88%
Revenue beat(2)2
Avg Revenue beat(2)2.65%
Min Revenue beat(2)1.24%
Max Revenue beat(2)4.06%
Revenue beat(4)2
Avg Revenue beat(4)0.52%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)4.06%
Revenue beat(8)4
Avg Revenue beat(8)0.37%
Revenue beat(12)6
Avg Revenue beat(12)0.34%
Revenue beat(16)8
Avg Revenue beat(16)0.26%
PT rev (1m)-4.95%
PT rev (3m)-8.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-64.77%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.9%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.59 | ||
| Fwd PE | 13.68 | ||
| P/S | 0.74 | ||
| P/FCF | 16.75 | ||
| P/OCF | 6.16 | ||
| P/B | 1.43 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 4.91 |
EPS(TTM)10.79
EY8.63%
EPS(NY)9.14
Fwd EY7.31%
FCF(TTM)7.47
FCFY5.97%
OCF(TTM)20.3
OCFY16.23%
SpS168.22
BVpS87.19
TBVpS55.39
PEG (NY)N/A
PEG (5Y)0.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.77% | ||
| ROE | 16.39% | ||
| ROCE | 16.93% | ||
| ROIC | 13.21% | ||
| ROICexc | 15.83% | ||
| ROICexgc | 22.78% | ||
| OM | 12.48% | ||
| PM (TTM) | 8.5% | ||
| GM | 16.18% | ||
| FCFM | 4.44% |
ROA(3y)20.8%
ROA(5y)14.57%
ROE(3y)37.05%
ROE(5y)26%
ROIC(3y)26.8%
ROIC(5y)19.48%
ROICexc(3y)32.12%
ROICexc(5y)23.23%
ROICexgc(3y)44.06%
ROICexgc(5y)31.41%
ROCE(3y)34.23%
ROCE(5y)24.88%
ROICexcg growth 3Y38.59%
ROICexcg growth 5Y3.31%
ROICexc growth 3Y32.66%
ROICexc growth 5Y1.12%
OM growth 3Y30.38%
OM growth 5Y5.64%
PM growth 3Y53.94%
PM growth 5Y6.72%
GM growth 3Y26.47%
GM growth 5Y5.75%
F-Score6
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.96 | ||
| Debt/EBITDA | 0.95 | ||
| Cap/Depr | 230.06% | ||
| Cap/Sales | 7.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.36% | ||
| Profit Quality | 52.25% | ||
| Current Ratio | 2.59 | ||
| Quick Ratio | 1.61 | ||
| Altman-Z | 4.41 |
F-Score6
WACC10.62%
ROIC/WACC1.24
Cap/Depr(3y)186.89%
Cap/Depr(5y)191.64%
Cap/Sales(3y)5.17%
Cap/Sales(5y)5.94%
Profit Quality(3y)94.57%
Profit Quality(5y)110.01%
High Growth Momentum
Growth
EPS 1Y (TTM)-45.28%
EPS 3Y76%
EPS 5Y18.68%
EPS Q2Q%-67.4%
EPS Next Y-52.16%
EPS Next 2Y-28.72%
EPS Next 3Y-12.49%
EPS Next 5YN/A
Revenue 1Y (TTM)10.54%
Revenue growth 3Y19.9%
Revenue growth 5Y6.73%
Sales Q2Q%-15.17%
Revenue Next Year-12.11%
Revenue Next 2Y-5.88%
Revenue Next 3Y-1.42%
Revenue Next 5YN/A
EBIT growth 1Y-28.17%
EBIT growth 3Y56.32%
EBIT growth 5Y12.75%
EBIT Next Year-30.2%
EBIT Next 3Y-3.88%
EBIT Next 5YN/A
FCF growth 1Y-78.89%
FCF growth 3Y61.91%
FCF growth 5Y28.26%
OCF growth 1Y-53.05%
OCF growth 3Y38.16%
OCF growth 5Y24.33%