| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
NUE Overview
Nucor Corporation manufactures and sells steel and steel products.
Nucor Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$99.40 |
| 52 Week High | US$44.05 |
| 52 Week Low | US$128.81 |
| Beta | 1.4 |
| 1 Month Change | -19.35% |
| 3 Month Change | 2.80% |
| 1 Year Change | 122.07% |
| 3 Year Change | 57.60% |
| 5 Year Change | 103.44% |
| Change since IPO | 2,496.57% |
Recent News & Updates
Shareholder Returns
| NUE | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | -9.5% | -5.6% | -0.5% |
| 1Y | 122.1% | 41.5% | 37.5% |
Return vs Industry: NUE exceeded the US Metals and Mining industry which returned 44.2% over the past year.
Return vs Market: NUE exceeded the US Market which returned 36.2% over the past year.
Price Volatility
| NUE volatility | |
|---|---|
| NUE Beta | 1.4 |
| Industry Beta | 1.31 |
| Market Beta | 1 |
Stable Share Price: NUE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NUE's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 26,400 | Leon Topalian | https://www.nucor.com |
Nucor Corporation manufactures and sells steel and steel products. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products.
Nucor Fundamentals Summary
| NUE fundamental statistics | |
|---|---|
| Market Cap | US$28.54b |
| Earnings (TTM) | US$3.03b |
| Revenue (TTM) | US$25.99b |
9.6x
P/E Ratio1.1x
P/S RatioIs NUE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NUE income statement (TTM) | |
|---|---|
| Revenue | US$25.99b |
| Cost of Revenue | US$20.66b |
| Gross Profit | US$5.34b |
| Expenses | US$2.31b |
| Earnings | US$3.03b |
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 10.04 |
| Gross Margin | 20.53% |
| Net Profit Margin | 11.64% |
| Debt/Equity Ratio | 43.7% |
How did NUE perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield16%
Payout RatioDoes NUE pay a reliable dividends?
See NUE dividend history and benchmarks| Nucor dividend dates | |
|---|---|
| Ex Dividend Date | Sep 29 2021 |
| Dividend Pay Date | Nov 10 2021 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 46 days |
Does NUE pay a reliable dividends?
See NUE dividend history and benchmarksValuation
Is Nucor undervalued compared to its fair value and its price relative to the market?
15.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NUE ($99.4) is trading below our estimate of fair value ($117.21)
Significantly Below Fair Value: NUE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NUE is good value based on its PE Ratio (9.6x) compared to the US Metals and Mining industry average (11.9x).
PE vs Market: NUE is good value based on its PE Ratio (9.6x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: NUE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NUE's PB Ratio (2.4x) is in line with the US Metals and Mining industry average.
Future Growth
How is Nucor forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
-48.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NUE's earnings are forecast to decline over the next 3 years (-48.1% per year).
Earnings vs Market: NUE's earnings are forecast to decline over the next 3 years (-48.1% per year).
High Growth Earnings: NUE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NUE's revenue is expected to decline over the next 3 years (-9.4% per year).
High Growth Revenue: NUE's revenue is forecast to decline over the next 3 years (-9.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NUE's Return on Equity is forecast to be low in 3 years time (15.3%).
Past Performance
How has Nucor performed over the past 5 years?
12.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NUE has high quality earnings.
Growing Profit Margin: NUE's current net profit margins (11.6%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: NUE's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: NUE's earnings growth over the past year (492%) exceeds its 5-year average (12.5% per year).
Earnings vs Industry: NUE earnings growth over the past year (492%) exceeded the Metals and Mining industry 102.1%.
Return on Equity
High ROE: NUE's Return on Equity (25.2%) is considered high.
Financial Health
How is Nucor's financial position?
Financial Position Analysis
Short Term Liabilities: NUE's short term assets ($12.1B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: NUE's short term assets ($12.1B) exceed its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: NUE's debt to equity ratio (43.7%) is considered high.
Reducing Debt: NUE's debt to equity ratio has reduced from 54.5% to 43.7% over the past 5 years.
Debt Coverage: NUE's debt is well covered by operating cash flow (58.1%).
Interest Coverage: NUE's interest payments on its debt are well covered by EBIT (28.1x coverage).
Balance Sheet
Dividend
What is Nucor current dividend yield, its reliability and sustainability?
1.63%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NUE's dividend (1.63%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: NUE's dividend (1.63%) is low compared to the top 25% of dividend payers in the US market (3.63%).
Stability and Growth of Payments
Stable Dividend: NUE's dividends per share have been stable in the past 10 years.
Growing Dividend: NUE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.1%), NUE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NUE's dividends in 3 years are forecast to be well covered by earnings (32.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Leon Topalian (53 yo)
1.67yrs
Tenure
US$11,265,538
Compensation
Mr. Leon J. Topalian has been Chairman of the Board of Directors at American Iron & Steel Institute since May 2021. Mr. Topalian has been President of Nucor Corporation since September 5, 2019 and has been...
CEO Compensation Analysis
Compensation vs Market: Leon's total compensation ($USD11.27M) is about average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Leon's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: NUE's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: NUE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NUE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Nucor Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Nucor Corporation
- Ticker: NUE
- Exchange: NYSE
- Founded: 1958
- Industry: Steel
- Sector: Materials
- Market Cap: US$28.541b
- Shares outstanding: 293.69m
- Website: https://www.nucor.com
Number of Employees
Location
- Nucor Corporation
- 1915 Rexford Road
- Charlotte
- North Carolina
- 28211
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/23 22:55 |
| End of Day Share Price | 2021/09/23 00:00 |
| Earnings | 2021/07/03 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.