0.78 | 1.73%
NUCOR CORP's gross profit margin for the first quarter of its fiscal year 2013 is essentially unchanged when compared to the same period a year ago. Sales and net income have dropped, although the growth in revenues underperformed the average competitor within the industry, the net income growth did not. NUCOR CORP has average liquidity. Currently, the Quick Ratio is 1.37 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
| Income Statement | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Net Sales ($mil) | 4550.77 | 5072.59 |
| EBITDA ($mil) | 336.46 | 421.33 |
| EBIT ($mil) | 186.99 | 273.41 |
| Net Income ($mil) | 84.79 | 145.1 |
| Balance Sheet | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Cash & Equiv. ($mil) | 932.2 | 2378.1 |
| Total Assets ($mil) | 14039.01 | 14814.47 |
| Total Debt ($mil) | 3672.58 | 4288.24 |
| Equity ($mil) | 7567.1 | 7585.58 |
| Profitability | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Gross Profit Margin | 9.95 | 10.42 |
| EBITDA Margin | 7.39 | 8.3 |
| Operating Margin | 4.11 | 5.39 |
| Sales Turnover | 1.35 | 1.37 |
| Return on Assets | 3.16 | 5.15 |
| Return on Equity | 5.87 | 10.06 |
| Debt | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Current Ratio | 2.79 | 2.69 |
| Debt/Capital | 0.33 | 0.36 |
| Interest Expense | 33.68 | 44.98 |
| Interest Coverage | 5.55 | 6.08 |
| Share Data | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Shares outstanding (mil) | 317.78 | 317.05 |
| Div / share | 0.37 | 0.37 |
| EPS | 0.26 | 0.46 |
| Book value / share | 23.81 | 23.93 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 2584761.0 | 2262386.0 |
BUY. NUCOR CORP's P/E ratio indicates a significant premium compared to an average of 21.11 for the Metals & Mining industry and a significant premium compared to the S&P 500 average of 19.08. For additional comparison, its price-to-book ratio of 1.89 indicates a discount versus the S&P 500 average of 2.44 and a discount versus the industry average of 1.98. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NUE 32.37 | Peers 21.11 | NUE 12.75 | Peers 9.04 | |||||||||||||||||||||
|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. NUE is trading at a significant premium to its peers. |
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. NUE is trading at a significant premium to its peers. |
|||||||||||||||||||||||
| Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
| NUE 12.33 | Peers 14.96 | NUE 2.01 | Peers 1.00 | |||||||||||||||||||||
|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. NUE is trading at a significant premium to its peers. |
Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. NUE trades at a significant premium to its peers. |
|||||||||||||||||||||||
| Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
| NUE 1.89 | Peers 1.98 | NUE -42.09 | Peers -65.74 | |||||||||||||||||||||
|
Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. NUE is trading at a valuation on par with its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. NUE is expected to have an earnings growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
| Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
| NUE 0.76 | Peers 3.38 | NUE -6.69 | Peers -6.00 | |||||||||||||||||||||
|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. NUE is trading at a significant discount to its industry on this measurement. |
Lower. A sales growth rate that trails the industry implies that a company is losing market share. NUE significantly trails its peers on the basis of sales growth |
|||||||||||||||||||||||
