Market Cap
US$24.2b
Last Updated
2021/04/17 23:10 UTC
Data Sources
Company Financials +
Executive Summary
Nucor Corporation manufactures and sells steel and steel products. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 5% per year for the next 3 years
+ 1 more risk
Snowflake Analysis
Established dividend payer with excellent balance sheet.
Similar Companies
Share Price & News
How has Nucor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NUE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NUE's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.0%
NUE
5.5%
US Metals and Mining
1.3%
US Market
1 Year Return
113.0%
NUE
97.8%
US Metals and Mining
53.9%
US Market
Return vs Industry: NUE exceeded the US Metals and Mining industry which returned 97.8% over the past year.
Return vs Market: NUE exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| NUE | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | 5.5% | 1.3% |
| 30 Day | 12.9% | 5.2% | 5.3% |
| 90 Day | 43.3% | 15.3% | 8.9% |
| 1 Year | 119.8%113.0% | 102.3%97.8% | 56.6%53.9% |
| 3 Year | 37.2%25.1% | 41.4%31.8% | 64.4%53.6% |
| 5 Year | 85.8%60.4% | 128.6%107.6% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Nucor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Investors Who Bought Nucor (NYSE:NUE) Shares A Year Ago Are Now Up 115%3 weeks ago | Simply Wall St
Nucor Corporation (NYSE:NUE) Looks Interesting, And It's About To Pay A Dividend1 month ago | Simply Wall St
Has Nucor Corporation's (NYSE:NUE) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Valuation
Is Nucor undervalued compared to its fair value and its price relative to the market?
33.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NUE ($79.5) is trading above our estimate of fair value ($73.46)
Significantly Below Fair Value: NUE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NUE is poor value based on its PE Ratio (33.6x) compared to the US Metals and Mining industry average (16.6x).
PE vs Market: NUE is poor value based on its PE Ratio (33.6x) compared to the US market (22.5x).
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 (2.2x) 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 9 analysts?
-5.0%
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 (-5% per year).
Earnings vs Market: NUE's earnings are forecast to decline over the next 3 years (-5% per year).
High Growth Earnings: NUE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NUE's revenue (3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: NUE's revenue (3% per year) is forecast to grow slower than 20% 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 (9.9%).
Past Performance
How has Nucor performed over the past 5 years?
15.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NUE has a large one-off loss of $604.8M impacting its December 31 2020 financial results.
Growing Profit Margin: NUE's current net profit margins (3.6%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: NUE's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: NUE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NUE had negative earnings growth (-43%) over the past year, making it difficult to compare to the Metals and Mining industry average (-5%).
Return on Equity
High ROE: NUE's Return on Equity (7.4%) is considered low.
Financial Health
How is Nucor's financial position?
Financial Position Analysis
Short Term Liabilities: NUE's short term assets ($9.5B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: NUE's short term assets ($9.5B) exceed its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: NUE's debt to equity ratio (48.6%) is considered high.
Reducing Debt: NUE's debt to equity ratio has reduced from 56.3% to 48.6% over the past 5 years.
Debt Coverage: NUE's debt is well covered by operating cash flow (49.4%).
Interest Coverage: NUE's interest payments on its debt are well covered by EBIT (10.5x coverage).
Balance Sheet
Dividend
What is Nucor current dividend yield, its reliability and sustainability?
2.04%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NUE's dividend (2.04%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: NUE's dividend (2.04%) is low compared to the top 25% of dividend payers in the US market (3.46%).
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 reasonable payout ratio (68.2%), NUE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NUE's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Leon Topalian (52 yo)
1.25yrs
Tenure
US$11,265,538
Compensation
Mr. Leon J. Topalian has been President of Nucor Corporation since September 5, 2019 and has been its Chief Executive Officer and Director since January 1, 2020. Mr. Topalian served as Chief Operating Offi...
CEO Compensation Analysis
Compensation vs Market: Leon's total compensation ($USD11.27M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Leon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: NUE's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: NUE's board of directors are not considered experienced ( 1.6 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 company bio, 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$24.248b
- Shares outstanding: 298.69m
- Website: https://www.nucor.com
Number of Employees
Location
- Nucor Corporation
- 1915 Rexford Road
- Charlotte
- North Carolina
- 28211
- United States
Listings
Biography
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-roll...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 23:10 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| 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.