What is Nucor Corporation (NUE) DCF Fair Value and Intrinsic Value in 2026?

Nucor Corporation (NUE) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Nucor Corporation's historical Return on Invested Capital (ROIC) and Moat Rating?

Nucor Corporation operates in the Basic Materials sector (Steel) with an economic moat rating of NARROW. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Nucor Corporation's financial health rating and Piotroski F-Score?

Nucor Corporation's balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Nucor Corporation (NUE) for quarterly SEC filing thesis breaks?

LocalAlpha audits Nucor Corporation's 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksNUE

NUE

Nucor CorporationBasic Materials / SteelINTACT

Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico, as well as engages in the steel trading and rebar distribution businesses. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for use in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. Nucor Corporation was founded in 1905 and is based in Charlotte, North Carolina.

Share Price

$258.21

52W: $131.32 - $280.11

DCF Fair Value

$44.27

-483.3% Premium

Thesis Hub

P/E (TTM)

20.8x

ROIC

11.8%

Operating Margin

15.7%

FCF Yield

1.2%

Debt / Equity

0.31x

Piotroski Score

7/9

Altman Z-Score

4.05

Market Cap

$58.6B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($44.27)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$44.27

MOS Buy Target (-25%)

$33.20

Valuation Overlays: DCF Fair Value ($44.27) 25% MOS Buy Target ($33.20) Revised Graham ($231.12) Graham Number ($165.02)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$258.21

DCF Fair Value

$44.36

-482% Premium

Starting Free Cash Flow ($M)$683M

$100M$683M (Reported)$50,000M

Stage 1 Growth (Years 1-5)7.9%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$4,400M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$6.2B

PV of Terminal Value

$8.3B

Implied Enterprise Value

$14.5B

Implied Equity Value

$10.1B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$737	$795	$858	$926	$999	$1,044	$1,091	$1,140	$1,191	$1,245
Present Value (PV)	$676	$669	$663	$656	$649	$622	$597	$572	$548	$526

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-56.5% Premium

$165.02

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $12.42BVPS: $97.45

Revised Graham Formula-11.7% Premium

$231.12

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings1.1% Yield

$2.86 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $0.6BYield: 1.1%

Reverse DCF: Market Growth Expectation

SPECULATIVE BARRIER

25.1% CAGR (Next 10 Yrs)

At the current price of $258.21, the market is assuming the business will compound Free Cash Flow at 25.1% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

⚠ High expectations: Leaves minimal margin of safety for operational hiccups.

Autonomous Thesis Underwriting

Surveil NUE with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Nucor Corporation. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 15.7% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Nucor Corporation (NUE) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Nucor Corporation.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Nucor Corporation has an estimated DCF intrinsic fair value of $44.27 per share compared to its current market price of $258.21. This represents an estimated 483.3% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $165.02.