NUCOR CORP (NUE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NUE - US6703461052 - Common Stock
159.49 USD
+0.36 (+0.23%)
159.49 USD
0 (0%)
Taking everything into account, NUE scores 5 out of 10 in our fundamental rating. NUE was compared to 154 industry peers in the Metals & Mining industry. NUE scores excellent on profitability, but there are some minor concerns on its financial health. NUE is valued correctly, 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.
Each year in the past 5 years NUE has been profitable.
In the past 5 years NUE always reported a positive cash flow from operatings.
1.2 Ratios
NUE's Return On Assets of 4.73% is fine compared to the rest of the industry. NUE outperforms 73.20% of its industry peers.
With a decent Return On Equity value of 7.93%, NUE is doing good in the industry, outperforming 69.28% of the companies in the same industry.
NUE's Return On Invested Capital of 6.50% is fine compared to the rest of the industry. NUE outperforms 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NUE is above the industry average of 13.09%.
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
NUE has a better Profit Margin (5.16%) than 69.28% 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 63.40% of the companies in the same industry.
In the last couple of years the Operating Margin of NUE has grown nicely.
NUE has a Gross Margin of 11.43%. This is comparable to the rest of the industry: NUE outperforms 43.14% of its industry peers.
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
NUE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, NUE has less shares outstanding
Compared to 5 years ago, NUE has less shares outstanding
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 better than 60.78% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that NUE is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.33, NUE is doing worse than 69.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.24 |
ROIC/WACC0.71
WACC9.21%
2.3 Liquidity
A Current Ratio of 2.77 indicates that NUE has no problem at all paying its short term obligations.
NUE has a Current ratio (2.77) which is in line with 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 of 1.51. This is comparable to the rest of the industry: NUE outperforms 47.06% 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%.
The Earnings Per Share has been growing by 15.91% on average over the past years. This is quite good.
The Revenue has been growing slightly by 1.66% in the past 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
NUE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.45% yearly.
The Revenue is expected to grow by 5.72% on average over the next years.
EPS Next Y-8.61%
EPS Next 2Y12.34%
EPS Next 3Y15.87%
EPS Next 5Y4.45%
Revenue Next Year7.35%
Revenue Next 2Y6.05%
Revenue Next 3Y5.72%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 21.94, NUE is valued on the expensive side.
NUE's Price/Earnings ratio is a bit cheaper when compared to the industry. NUE is cheaper than 77.78% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. NUE is around the same levels.
The Price/Forward Earnings ratio is 14.28, which indicates a correct valuation of NUE.
NUE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NUE is cheaper than 67.32% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NUE to the average of the S&P500 Index (36.59), we can say NUE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.94 | ||
| Fwd PE | 14.28 |
4.2 Price Multiples
73.86% of the companies in the same industry are more expensive than NUE, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.05 |
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 15.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.38
EPS Next 2Y12.34%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
NUE has a Yearly Dividend Yield of 1.38%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.63, NUE pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.38, NUE pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.38% |
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
NUE pays out 31.17% of its income as dividend. This is a 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 2Y12.34%
EPS Next 3Y15.87%
159.49
+0.36 (+0.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners77.34%
Inst Owner Change-0.16%
Ins Owners0.45%
Ins Owner Change-0.23%
Market Cap36.50B
Revenue(TTM)31.88B
Net Income(TTM)1.65B
Analysts81
Price Target170.43 (6.86%)
Short Float %1.94%
Short Ratio2.57
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)6.58%
PT rev (3m)8.76%
EPS NQ rev (1m)1.67%
EPS NQ rev (3m)-5.16%
EPS NY rev (1m)2.06%
EPS NY rev (3m)-5.24%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)-0.81%
Revenue NY rev (1m)0.58%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.94 | ||
| Fwd PE | 14.28 | ||
| P/S | 1.15 | ||
| P/FCF | N/A | ||
| P/OCF | 11.55 | ||
| P/B | 1.76 | ||
| P/tB | 2.71 | ||
| EV/EBITDA | 10.05 |
EPS(TTM)7.27
EY4.56%
EPS(NY)11.17
Fwd EY7%
FCF(TTM)-1.44
FCFYN/A
OCF(TTM)13.8
OCFY8.65%
SpS138.9
BVpS90.49
TBVpS58.96
PEG (NY)N/A
PEG (5Y)1.38
Graham Number121.66
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
WACC9.21%
ROIC/WACC0.71
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-8.61%
EPS Next 2Y12.34%
EPS Next 3Y15.87%
EPS Next 5Y4.45%
Revenue 1Y (TTM)1.66%
Revenue growth 3Y-5.56%
Revenue growth 5Y6.35%
Sales Q2Q%14.47%
Revenue Next Year7.35%
Revenue Next 2Y6.05%
Revenue Next 3Y5.72%
Revenue Next 5YN/A
EBIT growth 1Y-30.65%
EBIT growth 3Y-31.62%
EBIT growth 5Y8.65%
EBIT Next Year49.97%
EBIT Next 3Y25.02%
EBIT Next 5Y18.15%
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 21.94 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.