Is Nucor Corp (NUE) overvalued?
On Equity Rank's model estimate, NUE trades 74% above its fair value. Nucor Corp (NUE) last closed at $244.97; the multi-method model fair value is $140.75.
| Price | Model fair value | Price vs model |
|---|---|---|
| $244.97 | $140.75 | 74% above |
What the answer rests on
- 1 of 12 valuation methods put NUE's value above its price and 11 put it below, so the methods mostly agree.
- NUE trades at 17.1 times its last year's earnings, against a median of 19.2 for 8 profitable Steel companies.
- Over the past year the price sat below the model fair value on 0% of trading days. The gap ranged from 22% above to 110% above the model fair value.
Read this before relying on it
The model fair value is an estimate from published financial statements. It is not a forecast of where the price goes, and it can be wrong. Within 10% either side we call it close to fair value: valuation models are not precise enough to read more into a smaller gap. Our own lists have no proven edge over the market yet; the live record shows every result, misses included.
Every valuation method behind NUE's fair value · What prices assume · Other companies