NUCOR CORP (NUE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NUE - US6703461052 - Common Stock
159.45 USD
-3.09 (-1.9%)
159.45 USD
0 (0%)
Taking everything into account, NUE scores 5 out of 10 in our fundamental rating. NUE was compared to 155 industry peers in the Metals & Mining industry. NUE has an excellent profitability rating, but there are some minor concerns on its financial health. NUE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NUE had positive earnings in the past year.
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 72.90% of its industry peers.
NUE has a better Return On Equity (7.93%) than 69.03% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.50%, NUE is in the better half of the industry, outperforming 65.81% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NUE is above the industry average of 13.15%.
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
The Profit Margin of NUE (5.16%) is better than 68.39% of its industry peers.
NUE's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 7.90%, NUE is doing good in the industry, outperforming 61.94% of the companies in the same industry.
In the last couple of years the Operating Margin of NUE has grown nicely.
NUE's Gross Margin of 11.43% is in line compared to the rest of the industry. NUE outperforms 41.29% of its industry peers.
In the last couple of years the Gross Margin of NUE has grown nicely.
| 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.
NUE has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, NUE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.24 indicates that NUE is not in any danger for bankruptcy at the moment.
The Altman-Z score of NUE (4.24) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.33 indicates that NUE is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.33, NUE is not doing good in the industry: 67.74% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.24 |
ROIC/WACC0.64
WACC10.13%
2.3 Liquidity
A Current Ratio of 2.77 indicates that NUE has no problem at all paying its short term obligations.
NUE's Current ratio of 2.77 is in line compared to the rest of the industry. NUE outperforms 54.84% 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.
With a Quick ratio value of 1.51, NUE perfoms like the industry average, outperforming 47.74% of the companies in the same industry.
| 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%.
Measured over the past years, NUE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.91% on average per year.
NUE shows a small growth in Revenue. In the last year, the Revenue has grown by 1.66%.
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-5.08%
EPS Next 2Y14.33%
EPS Next 3Y14.57%
EPS Next 5Y4.45%
Revenue Next Year7.22%
Revenue Next 2Y6.32%
Revenue Next 3Y5.86%
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.
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 21.93, NUE is valued on the expensive side.
77.42% of the companies in the same industry are more expensive than NUE, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.49, NUE is valued at the same level.
NUE is valuated correctly with a Price/Forward Earnings ratio of 13.78.
68.39% of the companies in the same industry are more expensive than NUE, based on the Price/Forward Earnings ratio.
NUE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 13.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NUE is valued a bit cheaper than the industry average as 73.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.04 |
4.3 Compensation for Growth
NUE has an outstanding profitability rating, which may justify a higher PE ratio.
NUE's earnings are expected to grow with 14.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.38
EPS Next 2Y14.33%
EPS Next 3Y14.57%
5. Dividend
5.1 Amount
NUE has a Yearly Dividend Yield of 1.38%.
NUE's Dividend Yield is a higher than the industry average which is at 2.54.
With a Dividend Yield of 1.38, NUE pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.38% |
5.2 History
On average, the dividend of NUE grows each year by 6.08%, which is quite nice.
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
NUE pays out 31.17% of its income as dividend. This is a sustainable payout ratio.
NUE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP31.17%
EPS Next 2Y14.33%
EPS Next 3Y14.57%
159.45
-3.09 (-1.9%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners76.75%
Inst Owner Change-0.13%
Ins Owners0.44%
Ins Owner Change-0.35%
Market Cap36.49B
Revenue(TTM)31.88B
Net Income(TTM)1.65B
Analysts80.95
Price Target174.82 (9.64%)
Short Float %1.87%
Short Ratio2.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.38% |
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)8.17%
PT rev (3m)11.56%
EPS NQ rev (1m)1.76%
EPS NQ rev (3m)-5%
EPS NY rev (1m)3.86%
EPS NY rev (3m)-1.58%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)-1%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.93 | ||
| Fwd PE | 13.78 | ||
| P/S | 1.14 | ||
| P/FCF | N/A | ||
| P/OCF | 11.52 | ||
| P/B | 1.76 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 10.04 |
EPS(TTM)7.27
EY4.56%
EPS(NY)11.57
Fwd EY7.26%
FCF(TTM)-1.45
FCFYN/A
OCF(TTM)13.84
OCFY8.68%
SpS139.31
BVpS90.75
TBVpS59.13
PEG (NY)N/A
PEG (5Y)1.38
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 | 4.24 |
F-Score6
WACC10.13%
ROIC/WACC0.64
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-5.08%
EPS Next 2Y14.33%
EPS Next 3Y14.57%
EPS Next 5Y4.45%
Revenue 1Y (TTM)1.66%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
Revenue Next Year7.22%
Revenue Next 2Y6.32%
Revenue Next 3Y5.86%
Revenue Next 5Y4.83%
EBIT growth 1Y-30.65%
EBIT growth 3Y-31.62%
EBIT growth 5Y8.65%
EBIT Next Year49.62%
EBIT Next 3Y25.23%
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 21.93 and the Price/Book (PB) ratio is 1.76.
What is the financial health of NUCOR CORP (NUE) stock?
The financial health rating of NUCOR CORP (NUE) is 5 / 10.