NUCOR CORP (NUE) Stock Fundamental Analysis
USA - NYSE:NUE - US6703461052 - Common Stock
150.05 USD
+0.31 (+0.21%)
149 USD
-1.05 (-0.7%)
NUE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. NUE scores excellent on profitability, but 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
NUE had positive earnings in the past year.
In the past year NUE had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 3.77%, NUE is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
The Return On Equity of NUE (6.33%) is better than 70.78% of its industry peers.
NUE has a better Return On Invested Capital (5.64%) than 64.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NUE is significantly above the industry average of 12.54%.
The 3 year average ROIC (17.84%) for NUE is well above the current ROIC(5.64%). The reason for the recent decline needs to be investigated.
| 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 70.13% 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 6.99%, NUE is doing good in the industry, outperforming 61.69% of the companies in the same industry.
In the last couple of years the Operating Margin of NUE has grown nicely.
Looking at the Gross Margin, with a value of 10.43%, NUE is in line with its industry, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Gross Margin of NUE has grown nicely.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NUE is creating value.
NUE has less shares outstanding than it did 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
An Altman-Z score of 4.13 indicates that NUE is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.13, NUE is doing good in the industry, outperforming 60.39% of the companies in the same industry.
NUE has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
NUE has a worse Debt to Equity ratio (0.34) than 66.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.13 |
ROIC/WACC0.63
WACC8.99%
2.3 Liquidity
NUE has a Current Ratio of 2.83. This indicates that NUE is financially healthy and has no problem in meeting its short term obligations.
NUE has a Current ratio of 2.83. This is comparable to the rest of the industry: NUE outperforms 58.44% of its industry peers.
A Quick Ratio of 1.51 indicates that NUE should not have too much problems paying its short term obligations.
The Quick ratio of NUE (1.51) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.83 | ||
| 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%.
The Earnings Per Share has been growing by 15.91% on average over the past years. This is quite good.
NUE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.46%.
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)-11.46%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
3.2 Future
The Earnings Per Share is expected to grow by 4.45% on average over the next years.
Based on estimates for the next years, NUE will show a small growth in Revenue. The Revenue will grow by 5.81% on average per year.
EPS Next Y-10.45%
EPS Next 2Y12.79%
EPS Next 3Y15.16%
EPS Next 5Y4.45%
Revenue Next Year6.73%
Revenue Next 2Y6.15%
Revenue Next 3Y5.81%
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
With a Price/Earnings ratio of 20.64, NUE is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of NUE indicates a somewhat cheap valuation: NUE is cheaper than 77.27% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.11, NUE is valued a bit cheaper.
NUE is valuated correctly with a Price/Forward Earnings ratio of 13.33.
70.78% of the companies in the same industry are more expensive than NUE, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NUE to the average of the S&P500 Index (22.55), we can say NUE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 13.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NUE is valued a bit cheaper than the industry average as 73.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.61 |
4.3 Compensation for Growth
NUE has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as NUE's earnings are expected to grow with 15.16% in the coming years.
PEG (NY)N/A
PEG (5Y)1.3
EPS Next 2Y12.79%
EPS Next 3Y15.16%
5. Dividend
5.1 Amount
NUE has a Yearly Dividend Yield of 1.47%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.60, NUE pays a bit more dividend than its industry peers.
NUE's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
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 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 2Y12.79%
EPS Next 3Y15.16%
150.05
+0.31 (+0.21%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners77.34%
Inst Owner Change-0.09%
Ins Owners0.45%
Ins Owner Change-0.15%
Market Cap34.44B
Revenue(TTM)30.73B
Net Income(TTM)1.29B
Analysts80
Price Target161.61 (7.7%)
Short Float %1.88%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
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)0.9%
PT rev (3m)6.74%
EPS NQ rev (1m)-1.99%
EPS NQ rev (3m)-15.93%
EPS NY rev (1m)-5.28%
EPS NY rev (3m)-5.21%
Revenue NQ rev (1m)-0.59%
Revenue NQ rev (3m)-4.15%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)-0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 13.33 | ||
| P/S | 1.12 | ||
| P/FCF | N/A | ||
| P/OCF | 11 | ||
| P/B | 1.69 | ||
| P/tB | 2.63 | ||
| EV/EBITDA | 10.61 |
EPS(TTM)7.27
EY4.85%
EPS(NY)11.26
Fwd EY7.5%
FCF(TTM)-1.68
FCFYN/A
OCF(TTM)13.64
OCFY9.09%
SpS134.21
BVpS88.83
TBVpS57
PEG (NY)N/A
PEG (5Y)1.3
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 | 4.13 |
F-Score4
WACC8.99%
ROIC/WACC0.63
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-10.45%
EPS Next 2Y12.79%
EPS Next 3Y15.16%
EPS Next 5Y4.45%
Revenue 1Y (TTM)-11.46%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
Revenue Next Year6.73%
Revenue Next 2Y6.15%
Revenue Next 3Y5.81%
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 5Y19.61%
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 20.64 and the Price/Book (PB) ratio is 1.69.
What is the financial health of NUCOR CORP (NUE) stock?
The financial health rating of NUCOR CORP (NUE) is 5 / 10.