SweetValueLab
Write for us

Nucor Corporation — Intrinsic Value & Fair Price

NUE
NYSEBasic MaterialsSteelCIK 0000073309nucor.comAbout NUE
Last close · Oct 16, 2026256.29+1.60 (+0.63%)
Market cap$58.1B
Model value · DCF · Perpetuity growth · 5y
273.67
Nucor closed at $256.29 — undervalued by 6% vs model.
203.93the model's range421.51

DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
24.49 – 367.73
Wall St. target
286.00 10% below
Below model, 1y
20 of 20 days

Price and model value

Embed this card

NUE's close against its model value, as a 420×168 card for your own page. It updates nightly with this site and links back here.

Free to embed; keep the attribution link.
Loading chart…
What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
0.87%
Past 2 years
low 0.81%high 2.11%
Dividends per share, a year at a time
$1.62Sep ’21$2.00Sep ’22$2.04Sep ’23$2.16Sep ’24$2.20Sep ’25$2.24TTM
Coverage
—
Raised
16 years in a row
Growth, 5 yrs
6.7% a year
Last change
+1.8% · Dec 2025
Every payment, with ex-dates · latest $0.56, paid Nov 10, 2026

Research on NUE

No posts on NUE yet.
Studied NUE from its filings? Guest posts are reviewed before they go live.Write about NUE →

How it is valued

Valued asCyclical
Revenue declining (~-3% recent)Moderate margins (5% net margin)Highly cyclical earningsNegative free cash flow
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for cyclical companies
P/E
34.1×
EV / EBITDA
15.3×
FCF yield
-0.3%
Dividend yield, TTM
0.87%
Beta
1.85
Cost of capital (WACC)
10.77%
Full financials

Analyst actions

third-party, quoted
10-05KeyBanc · target286.00
09-18Freedom Broker · “Hold” from “Buy”downgrade
09-18Wells Fargo · target280.00
07-29BMO Capital · target295.00
Ratings, targets and estimates

Comparable companies

by business, not by industry label
1 more company lists NUE as a comparable

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just NUE. No account.

About Nucor

Nucor Corporation is a prominent producer and distributor of steel and diverse steel-related products. Within its Steel Mills division, the company manufactures a comprehensive range of steel goods. These include various sheet steel types like hot-rolled, cold-rolled, and galvanized, alongside plate steel. It also produces structural components such as wide-flange beams, beam blanks, H-piling, and sheet piling. Furthermore, this segment supplies bar steel products, encompassing blooms, billets, concrete reinforcing bars, merchant bars, and specialized bar quality items. Beyond manufacturing, Nucor's steel mills are involved in steel trading and the distribution of rebar. Its clientele primarily consists of steel service centers, fabricators, and manufacturers across the United States, Canada, and Mexico. The Steel Products segment provides an array of manufactured steel goods, such as hollow structural section tubing, electrical conduits, steel racking, joists and girders, steel decks, and fabricated concrete reinforcing steel. It also supplies cold finished steel, fasteners, complete metal building systems, insulated metal panels, steel grating, expanded metal, and various wire and wire mesh products. These offerings are largely directed towards nonresidential construction projects. Additionally, this segment manages a piling distribution operation. Nucor's Raw Materials division is responsible for producing direct reduced iron (DRI). It also acts as a broker for ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI), and direct reduced iron (DRI). This segment supplies ferro-alloys, processes both ferrous and nonferrous scrap metals, and undertakes natural gas drilling activities. Its ferrous scrap is supplied to electric arc furnace steel mills and foundries for their manufacturing processes. Meanwhile, nonferrous scrap metal is sold to aluminum can manufacturers, secondary aluminum smelters, steel mills, various other processors, and direct consumers of diverse nonferrous metals. The corporation caters to a wide range of industries including agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation. Sales are conducted via an in-house sales team and through the company's internal distribution and trading enterprises. Established in 1958, Nucor Corporation has its headquarters situated in Charlotte, North Carolina.

CEO
Leon J. Topalian
Headquarters
Charlotte, NC
Employees
33,000
IPO
1980-03-17
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.