NUCOR CORP (NUE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NUE - US6703461052 - Common Stock
165.48 USD
-0.87 (-0.52%)
165.65 USD
+0.17 (+0.1%)
We assign a fundamental rating of 5 out of 10 to NUE. NUE was compared to 156 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 on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year NUE was profitable.
NUE had a positive operating cash flow in the past year.
NUE had positive earnings in each of the past 5 years.
NUE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NUE's Return On Assets of 4.73% is fine compared to the rest of the industry. NUE outperforms 72.44% of its industry peers.
NUE has a Return On Equity of 7.93%. This is in the better half of the industry: NUE outperforms 68.59% of its industry peers.
NUE has a Return On Invested Capital of 6.50%. This is in the better half of the industry: NUE outperforms 65.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NUE is above the industry average of 13.25%.
The 3 year average ROIC (17.84%) for NUE is well above the current ROIC(6.50%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.73% | ||
| ROE | 7.93% | ||
| ROIC | 6.5% |
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
With a decent Profit Margin value of 5.16%, NUE is doing good in the industry, outperforming 67.95% of the companies in the same industry.
In the last couple of years the Profit Margin of NUE has grown nicely.
NUE has a better Operating Margin (7.90%) than 61.54% of its industry peers.
NUE's Operating Margin has improved in the last couple of years.
The Gross Margin of NUE (11.43%) 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 | 7.9% | ||
| PM (TTM) | 5.16% | ||
| GM | 11.43% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NUE is creating some value.
The number of shares outstanding for NUE has been reduced compared to 1 year ago.
Compared to 5 years ago, NUE has less shares outstanding
NUE has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.31 indicates that NUE is not in any danger for bankruptcy at the moment.
NUE's Altman-Z score of 4.31 is in line compared to the rest of the industry. NUE outperforms 57.05% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that NUE is not too dependend on debt financing.
The Debt to Equity ratio of NUE (0.33) is worse than 67.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.31 |
ROIC/WACC0.65
WACC10.04%
2.3 Liquidity
NUE has a Current Ratio of 2.77. This indicates that NUE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of NUE (2.77) is comparable to the rest of the 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.
NUE's Quick ratio of 1.51 is in line compared to the rest of the industry. NUE outperforms 47.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
NUE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.62%.
NUE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.91% yearly.
Looking at the last year, NUE shows a small growth in Revenue. The Revenue has grown by 1.66% in the last year.
The Revenue has been growing slightly by 6.35% on average over the past years.
EPS 1Y (TTM)-32.62%
EPS 3Y-27.81%
EPS 5Y15.91%
EPS Q2Q%76.51%
Revenue 1Y (TTM)1.66%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
3.2 Future
Based on estimates for the next years, NUE will show a small growth in Earnings Per Share. The EPS will grow by 4.45% on average per year.
Based on estimates for the next years, NUE will show a small growth in Revenue. The Revenue will grow by 4.83% on average per year.
EPS Next Y-6.78%
EPS Next 2Y15.19%
EPS Next 3Y14.69%
EPS Next 5Y4.45%
Revenue Next Year7.14%
Revenue Next 2Y6.89%
Revenue Next 3Y5.93%
Revenue Next 5Y4.83%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NUE is valuated rather expensively with a Price/Earnings ratio of 22.76.
Compared to the rest of the industry, the Price/Earnings ratio of NUE indicates a rather cheap valuation: NUE is cheaper than 80.13% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.84. NUE is around the same levels.
NUE is valuated correctly with a Price/Forward Earnings ratio of 14.09.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NUE indicates a somewhat cheap valuation: NUE is cheaper than 70.51% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.40. NUE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 14.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NUE indicates a somewhat cheap valuation: NUE is cheaper than 76.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.44 |
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 14.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.43
EPS Next 2Y15.19%
EPS Next 3Y14.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.35%, NUE has a reasonable but not impressive dividend return.
NUE's Dividend Yield is rather good when compared to the industry average which is at 0.98. NUE pays more dividend than 80.77% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.00, NUE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
5.2 History
The dividend of NUE is nicely growing with an annual growth rate of 6.08%!
NUE has paid a dividend for at least 10 years, which is 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
31.17% 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.
DP31.17%
EPS Next 2Y15.19%
EPS Next 3Y14.69%
165.48
-0.87 (-0.52%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners76.75%
Inst Owner Change-0.12%
Ins Owners0.44%
Ins Owner Change-0.4%
Market Cap37.87B
Revenue(TTM)31.88B
Net Income(TTM)1.65B
Analysts80.95
Price Target179.99 (8.77%)
Short Float %1.74%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
Yearly Dividend2.18
Dividend Growth(5Y)6.08%
DP31.17%
Div Incr Years34
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.94%
Min EPS beat(2)-1.2%
Max EPS beat(2)19.08%
EPS beat(4)3
Avg EPS beat(4)30.03%
Min EPS beat(4)-1.2%
Max EPS beat(4)84.88%
EPS beat(8)6
Avg EPS beat(8)16.91%
EPS beat(12)10
Avg EPS beat(12)14.75%
EPS beat(16)12
Avg EPS beat(16)11.55%
Revenue beat(2)1
Avg Revenue beat(2)0.77%
Min Revenue beat(2)-1.93%
Max Revenue beat(2)3.46%
Revenue beat(4)3
Avg Revenue beat(4)3.12%
Min Revenue beat(4)-1.93%
Max Revenue beat(4)7.36%
Revenue beat(8)5
Avg Revenue beat(8)1.82%
Revenue beat(12)7
Avg Revenue beat(12)1.28%
Revenue beat(16)9
Avg Revenue beat(16)1.03%
PT rev (1m)5.61%
PT rev (3m)12.38%
EPS NQ rev (1m)-8%
EPS NQ rev (3m)-13.95%
EPS NY rev (1m)1.99%
EPS NY rev (3m)-1.41%
Revenue NQ rev (1m)-0.8%
Revenue NQ rev (3m)-1.82%
Revenue NY rev (1m)-0.2%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 14.09 | ||
| P/S | 1.19 | ||
| P/FCF | N/A | ||
| P/OCF | 11.95 | ||
| P/B | 1.82 | ||
| P/tB | 2.8 | ||
| EV/EBITDA | 10.44 |
EPS(TTM)7.27
EY4.39%
EPS(NY)11.74
Fwd EY7.1%
FCF(TTM)-1.45
FCFYN/A
OCF(TTM)13.84
OCFY8.37%
SpS139.31
BVpS90.75
TBVpS59.13
PEG (NY)N/A
PEG (5Y)1.43
Graham Number121.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.73% | ||
| ROE | 7.93% | ||
| ROCE | 8.25% | ||
| ROIC | 6.5% | ||
| ROICexc | 7.14% | ||
| ROICexgc | 9.64% | ||
| OM | 7.9% | ||
| PM (TTM) | 5.16% | ||
| GM | 11.43% | ||
| 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-Score6
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.72 | ||
| Cap/Depr | 239.82% | ||
| Cap/Sales | 10.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.77 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 4.31 |
F-Score6
WACC10.04%
ROIC/WACC0.65
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-6.78%
EPS Next 2Y15.19%
EPS Next 3Y14.69%
EPS Next 5Y4.45%
Revenue 1Y (TTM)1.66%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
Revenue Next Year7.14%
Revenue Next 2Y6.89%
Revenue Next 3Y5.93%
Revenue Next 5Y4.83%
EBIT growth 1Y-30.65%
EBIT growth 3Y-31.62%
EBIT growth 5Y8.65%
EBIT Next Year49.35%
EBIT Next 3Y25.6%
EBIT Next 5Y16.35%
FCF growth 1Y-105.41%
FCF growth 3Y-44.08%
FCF growth 5Y-9.56%
OCF growth 1Y-61.01%
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 22.76 and the Price/Book (PB) ratio is 1.82.
What is the financial health of NUCOR CORP (NUE) stock?
The financial health rating of NUCOR CORP (NUE) is 5 / 10.