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Nucor (BUE:NUE) Cyclically Adjusted FCF per Share : ARS699.61 (As of Mar. 2024)


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What is Nucor Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Nucor's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS-364.489. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ARS699.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nucor's average Cyclically Adjusted FCF Growth Rate was 23.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 50.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 34.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Nucor was 50.60% per year. The lowest was -7.80% per year. And the median was 21.40% per year.

As of today (2024-06-10), Nucor's current stock price is ARS13088.00. Nucor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS699.61. Nucor's Cyclically Adjusted Price-to-FCF of today is 18.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nucor was 36.26. The lowest was 10.78. And the median was 18.30.


Nucor Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nucor's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nucor Cyclically Adjusted FCF per Share Chart

Nucor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.42 15.34 467.43 168.80 609.50

Nucor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 211.49 290.57 510.02 609.50 699.61

Competitive Comparison of Nucor's Cyclically Adjusted FCF per Share

For the Steel subindustry, Nucor's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nucor's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nucor's Cyclically Adjusted Price-to-FCF falls into.



Nucor Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Nucor's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-364.489/131.7762*131.7762
=-364.489

Current CPI (Mar. 2024) = 131.7762.

Nucor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.338 100.560 1.753
201409 4.886 100.428 6.411
201412 4.091 99.070 5.442
201503 6.690 99.621 8.849
201506 7.555 100.684 9.888
201509 6.662 100.392 8.745
201512 6.467 99.792 8.540
201603 10.752 100.470 14.102
201606 3.693 101.688 4.786
201609 5.025 101.861 6.501
201612 7.187 101.863 9.298
201703 3.591 102.862 4.600
201706 0.308 103.349 0.393
201709 8.540 104.136 10.807
201712 3.955 104.011 5.011
201803 -1.392 105.290 -1.742
201806 21.606 106.317 26.780
201809 44.583 106.507 55.161
201812 8.184 105.998 10.174
201903 23.028 107.251 28.294
201906 12.850 108.070 15.669
201909 54.798 108.329 66.658
201912 19.328 108.420 23.492
202003 -22.062 108.902 -26.696
202006 89.041 108.767 107.877
202009 55.521 109.815 66.624
202012 17.031 109.897 20.422
202103 32.293 111.754 38.079
202106 153.449 114.631 176.400
202109 206.955 115.734 235.641
202112 392.050 117.630 439.200
202203 399.445 121.301 433.940
202206 397.070 125.017 418.539
202209 627.341 125.227 660.153
202212 657.509 125.222 691.925
202303 262.254 127.348 271.374
202306 668.233 128.729 684.053
202309 1,423.364 129.860 1,444.373
202312 583.753 129.419 594.383
202403 -364.489 131.776 -364.489

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Nucor  (BUE:NUE) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Nucor's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13088.00/699.61
=18.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nucor was 36.26. The lowest was 10.78. And the median was 18.30.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Nucor Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Nucor's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nucor (BUE:NUE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (BUE:NUE) » Definitions » Cyclically Adjusted FCF per Share
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor (BUE:NUE) Headlines

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