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Nucor (NUE) Cyclically Adjusted Price-to-FCF : 17.33 (As of Apr. 27, 2024)


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What is Nucor Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Nucor's current share price is $175.42. Nucor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $10.12. Nucor's Cyclically Adjusted Price-to-FCF for today is 17.33.

The historical rank and industry rank for Nucor's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NUE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.78   Med: 18.3   Max: 36.26
Current: 17.33

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

NUE's Cyclically Adjusted Price-to-FCF is ranked worse than
60.97% of 269 companies
in the Steel industry
Industry Median: 13.46 vs NUE: 17.33

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.865. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $10.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nucor's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Nucor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.39 17.84 24.94 16.71 17.12

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 Price-to-FCF 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 18.46 18.24 15.91 17.12 19.55

Competitive Comparison of Nucor's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=175.42/10.12
=17.33

* 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.

Nucor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=-0.865/129.4194*129.4194
=-0.865

Current CPI (Mar. 2024) = 129.4194.

Nucor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.329 100.560 0.423
201409 1.161 100.428 1.496
201412 0.957 99.070 1.250
201503 1.517 99.621 1.971
201506 1.663 100.684 2.138
201509 1.417 100.392 1.827
201512 0.999 99.792 1.296
201603 1.473 100.470 1.897
201606 0.528 101.688 0.672
201609 0.674 101.861 0.856
201612 0.907 101.863 1.152
201703 0.466 102.862 0.586
201706 0.037 103.349 0.046
201709 0.975 104.136 1.212
201712 0.414 104.011 0.515
201803 -0.138 105.290 -0.170
201806 1.733 106.317 2.110
201809 2.423 106.507 2.944
201812 0.434 105.998 0.530
201903 1.178 107.251 1.421
201906 0.575 108.070 0.689
201909 1.960 108.329 2.342
201912 0.647 108.420 0.772
202003 -0.711 108.902 -0.845
202006 2.601 108.767 3.095
202009 1.496 109.815 1.763
202012 0.419 109.897 0.493
202103 0.717 111.754 0.830
202106 3.240 114.631 3.658
202109 4.233 115.734 4.734
202112 7.764 117.630 8.542
202203 7.440 121.301 7.938
202206 6.600 125.017 6.832
202209 9.030 125.227 9.332
202212 7.844 125.222 8.107
202303 2.655 127.348 2.698
202306 5.569 128.729 5.599
202309 8.135 129.860 8.107
202312 3.234 129.419 3.234
202403 -0.865 129.419 -0.865

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


Nucor  (NYSE:NUE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Nucor Cyclically Adjusted Price-to-FCF Related Terms

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


Nucor (NUE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (NYSE:NUE) » Definitions » Cyclically Adjusted Price-to-FCF
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.
Executives
Douglas J Jellison officer: Executive Vice President 1915 REXFORD RD, CHARLOTTE NC 28211
Nicholas C Gangestad director 3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
D. Chad Utermark officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Michael D Keller officer: General Mgr. and Corp. Contro 1915 REXFORD ROAD, CHARLOTTE NC 28211
Allen C Behr officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
David A Sumoski officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Gregory J Murphy officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Leon J Topalian officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Daniel R. Needham officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Noah C Hanners officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Kenneth Rex Query officer: Executive Vice President 2100 REXFORD RD, CHARLOTTE NC 28211
John J Hollatz officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Stephen D Laxton officer: CFO, Treasurer and EVP 1915 REXFORD ROAD, CHARLOTTE NC 28211
Bradley Ford officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211

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