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Nucor (FRA:NUO) Cyclically Adjusted FCF per Share : €9.55 (As of Sep. 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 Sep. 2024 was €1.819. 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 €9.55 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nucor's average Cyclically Adjusted FCF Growth Rate was 8.90% 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 (2025-01-19), Nucor's current stock price is €121.96. Nucor's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €9.55. Nucor's Cyclically Adjusted Price-to-FCF of today is 12.77.

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 18.84.


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 2.45 2.36 4.02 7.43 9.24

Nucor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.37 9.24 9.52 9.57 9.55

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 Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.819/133.0289*133.0289
=1.819

Current CPI (Sep. 2024) = 133.0289.

Nucor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.776 99.070 1.042
201503 1.402 99.621 1.872
201506 1.482 100.684 1.958
201509 1.263 100.392 1.674
201512 0.917 99.792 1.222
201603 1.322 100.470 1.750
201606 0.470 101.688 0.615
201609 0.600 101.861 0.784
201612 0.860 101.863 1.123
201703 0.436 102.862 0.564
201706 0.033 103.349 0.042
201709 0.818 104.136 1.045
201712 0.350 104.011 0.448
201803 -0.112 105.290 -0.142
201806 1.483 106.317 1.856
201809 2.077 106.507 2.594
201812 0.382 105.998 0.479
201903 1.043 107.251 1.294
201906 0.509 108.070 0.627
201909 1.779 108.329 2.185
201912 0.582 108.420 0.714
202003 -0.643 108.902 -0.785
202006 2.310 108.767 2.825
202009 1.270 109.815 1.538
202012 0.344 109.897 0.416
202103 0.602 111.754 0.717
202106 2.689 114.631 3.121
202109 3.598 115.734 4.136
202112 6.871 117.630 7.771
202203 6.756 121.301 7.409
202206 6.243 125.017 6.643
202209 9.120 125.227 9.688
202212 7.405 125.222 7.867
202303 2.480 127.348 2.591
202306 5.140 128.729 5.312
202309 7.622 129.860 7.808
202312 2.966 129.419 3.049
202403 -0.796 131.776 -0.804
202406 2.650 132.554 2.659
202409 1.819 133.029 1.819

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


Nucor  (FRA:NUO) 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
=121.96/9.55
=12.77

* 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 18.84.


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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (FRA:NUO) » 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 Headlines

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