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
In the past year NUE was profitable.
In the past year NUE had a positive cash flow from operations.
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 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's Return On Invested Capital of 5.64% is fine compared to the rest of the industry. NUE outperforms 64.94% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NUE is significantly above the industry average of 12.51%.
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 70.13% of its industry peers.
In the last couple of years the Profit Margin of NUE has grown nicely.
NUE has a better Operating Margin (6.99%) than 61.69% of its industry peers.
NUE's Operating Margin has improved in the last couple of years.
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
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
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.
NUE's Altman-Z score of 4.13 is fine compared to the rest of the industry. NUE outperforms 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.
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
WACC8.89%
2.3 Liquidity
A Current Ratio of 2.83 indicates that NUE has no problem at all paying its short term obligations.
NUE's Current ratio of 2.83 is in line compared to the rest of the industry. NUE outperforms 58.44% of its industry peers.
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 has a Quick ratio (1.51) which is in line with its industry peers.
| 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.
Looking at the last year, NUE shows a very negative growth in Revenue. The Revenue has decreased by -11.46% 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)-11.46%
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.
NUE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.81% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.64, which indicates a rather expensive current valuation of NUE.
78.57% of the companies in the same industry are more expensive than NUE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.10. NUE is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 13.33 indicates a correct valuation of NUE.
Based on the Price/Forward Earnings ratio, NUE is valued a bit cheaper than the industry average as 70.13% of the companies are valued more expensively.
NUE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 13.33 |
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 74.03% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.61 |
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 15.16% 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.
NUE's Dividend Yield is rather good when compared to the industry average which is at 2.60. NUE pays more dividend than 80.52% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.37, NUE is paying slightly less dividend.
| 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 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)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.
The dividend of NUE is growing, but the earnings are growing slower. 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 Change0.25%
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
WACC8.89%
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.