Market Cap
US$16.9b
Last Updated
2021/01/19 23:21 UTC
Data Sources
Company Financials +
Executive Summary
Nucor Corporation manufactures and sells steel and steel products. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Excellent balance sheet average dividend payer.
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 less volatile than 75% 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
-3.8%
NUE
-1.9%
US Metals and Mining
-0.4%
US Market
1 Year Return
6.7%
NUE
39.6%
US Metals and Mining
19.5%
US Market
Return vs Industry: NUE underperformed the US Metals and Mining industry which returned 39.6% over the past year.
Return vs Market: NUE underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| NUE | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.8% | -1.9% | -0.4% |
| 30 Day | 3.6% | 7.8% | 2.3% |
| 90 Day | 15.4% | 24.8% | 12.7% |
| 1 Year | 10.9%6.7% | 42.8%39.6% | 22.3%19.5% |
| 3 Year | -11.0%-19.0% | 23.2%15.0% | 44.4%34.8% |
| 5 Year | 77.6%52.9% | 226.4%194.3% | 128.7%103.3% |
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
How Much Of Nucor Corporation (NYSE:NUE) Do Institutions Own?3 weeks ago | Simply Wall St
Do These 3 Checks Before Buying Nucor Corporation (NYSE:NUE) For Its Upcoming Dividend1 month ago | Simply Wall St
Is Nucor Corporation (NYSE:NUE) A Good Fit For Your Dividend Portfolio?Valuation
Is Nucor undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NUE ($55.88) is trading below our estimate of fair value ($130)
Significantly Below Fair Value: NUE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NUE is poor value based on its PE Ratio (39.6x) compared to the US Metals and Mining industry average (20.5x).
PE vs Market: NUE is poor value based on its PE Ratio (39.6x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: NUE is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: NUE's PB Ratio (1.6x) is in line with the US Metals and Mining industry average.
Next Steps
Future Growth
How is Nucor forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
23.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NUE's forecast earnings growth (23.5% per year) is above the savings rate (2%).
Earnings vs Market: NUE's earnings (23.5% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NUE's revenue (4.5% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: NUE's revenue (4.5% 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 (10.3%).
Next Steps
Past Performance
How has Nucor performed over the past 5 years?
19.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NUE has a large one-off loss of $349.6M impacting its October 3 2020 financial results.
Growing Profit Margin: NUE's current net profit margins (2.1%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: NUE's earnings have grown by 19.5% 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 (-75.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-12.6%).
Return on Equity
High ROE: NUE's Return on Equity (5.1%) is considered low.
Next Steps
Financial Health
How is Nucor's financial position?
Financial Position Analysis
Short Term Liabilities: NUE's short term assets ($9.0B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: NUE's short term assets ($9.0B) exceed its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: NUE's debt to equity ratio (51%) is considered high.
Reducing Debt: NUE's debt to equity ratio has reduced from 54.9% to 51% over the past 5 years.
Debt Coverage: NUE's debt is well covered by operating cash flow (53%).
Interest Coverage: NUE's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
Next Steps
Dividend
What is Nucor current dividend yield, its reliability and sustainability?
2.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NUE's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: NUE's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (3.85%).
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 high payout ratio (114.2%), NUE's dividend payments are not 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 (38.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.0yrs
Average management tenure
CEO
Leon Topalian (52 yo)
1
Tenure
US$5,487,963
Compensation
Mr. Leon J. Topalian has been President of Nucor Corporation since September 5, 2019 and has been its Chief Executive Officer and Director since January 1, 2020. Mr. Topalian served as Chief Operating Offi...
CEO Compensation Analysis
Compensation vs Market: Leon's total compensation ($USD5.49M) is below average for companies of similar size in the US market ($USD10.55M).
Compensation vs Earnings: Insufficient data to compare Leon's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1yr | US$5.49m | 0.034% $ 5.7m | |
| CFO, Treasurer & Executive VP | 11yrs | US$6.15m | 0.10% $ 17.4m | |
| COO and Executive VP of Bar | no data | US$5.53m | 0.018% $ 3.0m | |
| Executive Vice President of Engineered Bar Products & Digital | 8yrs | US$5.57m | 0.012% $ 2.1m | |
| Executive Vice President of Fabricated Construction Products | 7yrs | US$5.53m | 0.019% $ 3.2m | |
| Director of Investor Relations | no data | no data | no data | |
| Executive Vice President of Business Services & General Counsel | 6yrs | no data | 0.011% $ 1.8m | |
| General Manager of Public Affairs | no data | no data | no data | |
| Director of Public Affairs | no data | no data | no data | |
| General Manager of Human Resources | no data | no data | no data | |
| Executive Vice President of Sheet and Tubular Products | no data | no data | 0.021% $ 3.6m | |
| Executive Vice President | no data | no data | 0.028% $ 4.8m |
7.0yrs
Average Tenure
54yo
Average Age
Experienced Management: NUE's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1yr | US$5.49m | 0.034% $ 5.7m | |
| Independent Director | 12.25yrs | US$295.00k | 0.0020% $ 335.7k | |
| Independent Director | 0.92yr | no data | no data | |
| Independent Director | 5.33yrs | US$300.00k | 0% $ 0 | |
| Independent Director | 4.08yrs | US$275.00k | 0% $ 0 | |
| Non-Executive Independent Chairman of the Board | 1yr | US$322.00k | 0.00088% $ 148.5k | |
| Independent Director | 3.33yrs | US$275.00k | 0% $ 0 | |
| Independent Director | 1.33yrs | US$62.50k | no data |
2.3yrs
Average Tenure
63.5yo
Average Age
Experienced Board: NUE's board of directors are not considered experienced ( 2.3 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$16.872b
- Shares outstanding: 301.93m
- Website: https://www.nucor.com
Number of Employees
Location
- Nucor Corporation
- 1915 Rexford Road
- Charlotte
- North Carolina
- 28211
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NUE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| NUO | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| NUE * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| 0K9L | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| NUE | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 2 REPR 1 ORD USD0.40 | AR | ARS | Feb 2003 | |
| N1UE34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 SHS UNSPON | BR | BRL | Jan 2020 |
Biography
Nucor Corporation manufactures and sells steel and steel products. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 23:21 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/10/03 |
| Annual Earnings | 2019/12/31 |
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.