NUCOR CORP (NUE)
US6703461052 - Common Stock
NUE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. NUE gets an excellent profitability rating and is at the same time showing great financial health properties. NUE is valued correctly, 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
Looking at the Return On Assets, with a value of 9.77%, NUE belongs to the top of the industry, outperforming 87.18% 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 86.54% of the companies in the same industry.
NUE has a better Return On Invested Capital (13.21%) than 91.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NUE is significantly above the industry average of 8.80%.
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
Looking at the Profit Margin, with a value of 8.50%, NUE belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
NUE's Profit Margin has improved in the last couple of years.
NUE has a Operating Margin of 12.48%. This is in the better half of the industry: NUE outperforms 69.87% of its industry peers.
NUE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 16.18%, NUE perfoms like the industry average, outperforming 48.08% 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 | 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NUE is creating value.
NUE has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, NUE has less shares outstanding
Compared to 1 year ago, NUE has an improved debt to assets ratio.
2.2 Solvency
NUE has an Altman-Z score of 4.62. This indicates that NUE is financially healthy and has little risk of bankruptcy at the moment.
NUE's Altman-Z score of 4.62 is fine compared to the rest of the industry. NUE outperforms 70.51% of its industry peers.
NUE has a debt to FCF ratio of 3.96. This is a good value and a sign of high solvency as NUE would need 3.96 years to pay back of all of its debts.
NUE has a Debt to FCF ratio of 3.96. This is in the better half of the industry: NUE outperforms 72.44% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that NUE is not too dependend on debt financing.
NUE's Debt to Equity ratio of 0.29 is on the low side compared to the rest of the industry. NUE is outperformed by 62.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 4.62 |
ROIC/WACC1.23
WACC10.75%
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 (2.59) which is in line with its industry peers.
A Quick Ratio of 1.61 indicates that NUE should not have too much problems paying its short term obligations.
NUE has a Quick ratio of 1.61. This is comparable to the rest of the industry: NUE outperforms 52.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.59 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
NUE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.28%.
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.
NUE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.54%.
The Revenue has been growing slightly by 6.73% on average over the past years.
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
NUE is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -12.26% yearly.
NUE is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.64% yearly.
EPS Next Y-52.11%
EPS Next 2Y-26.96%
EPS Next 3Y-12.26%
EPS Next 5YN/A
Revenue Next Year-11.79%
Revenue Next 2Y-5.59%
Revenue Next 3Y-1.64%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.21, NUE is valued correctly.
NUE's Price/Earnings ratio is rather cheap when compared to the industry. NUE is cheaper than 81.41% of the companies in the same industry.
NUE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.48.
The Price/Forward Earnings ratio is 14.86, which indicates a correct valuation of NUE.
Based on the Price/Forward Earnings ratio, NUE is valued a bit cheaper than 64.10% of the companies in the same industry.
NUE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.95, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.21 | ||
| Fwd PE | 14.86 |
4.2 Price Multiples
NUE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NUE is cheaper than 82.05% of the companies in the same industry.
NUE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NUE is cheaper than 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.09 | ||
| EV/EBITDA | 5.68 |
4.3 Compensation for Growth
The excellent profitability rating of NUE may justify a higher PE ratio.
NUE's earnings are expected to decrease with -12.26% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.71
EPS Next 2Y-26.96%
EPS Next 3Y-12.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.48%, NUE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.91, NUE pays a bit more dividend than its industry peers.
NUE's Dividend Yield is slightly below the S&P500 average, which is at 2.16.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
5.2 History
The dividend of NUE has a limited annual growth rate of 5.86%.
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)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-26.96%
EPS Next 3Y-12.26%
NUCOR CORP
NYSE:NUE (12/6/2024, 8:04:41 PM)
After market: 142.59 +0.02 (+0.01%)142.57
-3 (-2.06%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap33.48B
Analysts
Price Target
Short Float %
Short Ratio
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
Avg Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.21 | ||
| Fwd PE | 14.86 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.77% | ||
| ROE | 16.39% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.48% | ||
| PM (TTM) | 8.5% | ||
| GM | 16.18% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.59 | ||
| Quick Ratio | 1.61 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-45.28%
EPS 3Y76%
EPS 5Y
EPS Q2Q%
EPS Next Y-52.11%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.54%
Revenue growth 3Y19.9%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y