Nucor Valuation

Is NUE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NUE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NUE ($157.58) is trading below our estimate of fair value ($354.78)

Significantly Below Fair Value: NUE is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NUE?

Other financial metrics that can be useful for relative valuation.

NUE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA5.7x
PEG Ratio-1.2x

Price to Earnings Ratio vs Peers

How does NUE's PE Ratio compare to its peers?

The above table shows the PE ratio for NUE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.4x
STLD Steel Dynamics
8.4x-12.0%US$20.1b
RS Reliance
12.9x-8.9%US$16.2b
X United States Steel
9.5x6.4%US$8.2b
TX Ternium
10.9x21.2%US$7.2b
NUE Nucor
9x-7.3%US$37.8b

Price-To-Earnings vs Peers: NUE is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (10.4x).


Price to Earnings Ratio vs Industry

How does NUE's PE Ratio compare vs other companies in the US Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: NUE is good value based on its Price-To-Earnings Ratio (9x) compared to the US Metals and Mining industry average (13x).


Price to Earnings Ratio vs Fair Ratio

What is NUE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NUE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9x
Fair PE Ratio16.2x

Price-To-Earnings vs Fair Ratio: NUE is good value based on its Price-To-Earnings Ratio (9x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NUE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$157.58
US$189.20
+20.1%
9.9%US$240.00US$170.00n/a11
Jun ’25US$168.85
US$202.87
+20.1%
9.7%US$240.00US$180.00n/a11
May ’25US$168.67
US$203.60
+20.7%
9.5%US$240.00US$180.00n/a11
Apr ’25US$200.00
US$195.72
-2.1%
9.5%US$240.00US$178.20n/a10
Mar ’25US$190.70
US$186.72
-2.1%
5.4%US$210.00US$178.20n/a10
Feb ’25US$185.62
US$182.33
-1.8%
7.4%US$210.00US$154.00n/a9
Jan ’25US$174.04
US$176.56
+1.4%
6.5%US$190.00US$154.00n/a9
Dec ’24US$170.41
US$173.13
+1.6%
7.9%US$190.00US$151.00n/a8
Nov ’24US$147.99
US$169.78
+14.7%
8.5%US$185.00US$148.00n/a9
Oct ’24US$156.35
US$171.89
+9.9%
8.7%US$191.00US$148.00n/a9
Sep ’24US$172.58
US$168.45
-2.4%
9.7%US$191.00US$140.00n/a11
Aug ’24US$173.00
US$168.45
-2.6%
9.7%US$191.00US$140.00n/a11
Jul ’24US$163.98
US$157.67
-3.9%
9.9%US$188.00US$130.00n/a12
Jun ’24US$133.03
US$157.67
+18.5%
9.9%US$188.00US$130.00US$168.8512
May ’24US$148.01
US$155.35
+5.0%
11.1%US$188.00US$129.00US$168.6713
Apr ’24US$154.47
US$155.89
+0.9%
11.3%US$190.00US$126.00US$200.0013
Mar ’24US$170.74
US$148.13
-13.2%
14.4%US$190.00US$112.00US$190.7012
Feb ’24US$174.98
US$145.96
-16.6%
12.7%US$180.00US$112.00US$185.6212
Jan ’24US$131.81
US$137.06
+4.0%
14.0%US$180.00US$110.00US$174.0411
Dec ’23US$149.25
US$132.52
-11.2%
14.2%US$180.00US$109.00US$170.4111
Nov ’23US$134.50
US$129.43
-3.8%
15.0%US$180.00US$109.00US$147.9911
Oct ’23US$106.99
US$126.02
+17.8%
16.9%US$180.00US$97.00US$156.3511
Sep ’23US$130.40
US$128.23
-1.7%
17.5%US$180.00US$101.00US$172.5811
Aug ’23US$134.86
US$128.05
-5.1%
17.7%US$180.00US$101.00US$173.0011
Jul ’23US$105.64
US$133.68
+26.5%
16.1%US$180.00US$105.00US$163.9811
Jun ’23US$130.71
US$146.73
+12.3%
14.8%US$180.00US$108.00US$133.0311

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.