Nucor Competitors

N1UE34 Stock

BRL 58.03 0.85 1.44%

Nucor competes with Verizon Communications, T Mobile, Lloyds Banking, Unity Software, and Micron Technology; as well as few others. The company operates under Basic Materials sector and is part of Steel industry. Analyzing Nucor competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nucor to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nucor Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Nucor competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
54.47	58.03	61.59

Details

Intrinsic

Valuation

Low	Real	High
46.93	50.49	63.83

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nucor. Your research has to be compared to or analyzed against Nucor's peers to derive any actionable benefits. When done correctly, Nucor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nucor.

Nucor Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nucor and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Nucor and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nucor does not affect the price movement of the other competitor.

	VERZ34	H1IG34	T1MU34	L1YG34	U2ST34	M2RV34	MUTC34
VERZ34		0.56	0.61	-0.12	0.73	0.45	0.0	VERZ34
H1IG34	0.56		0.6	-0.12	0.84	0.88	-0.1	H1IG34
T1MU34	0.61	0.6		-0.51	0.66	0.77	0.2	T1MU34
L1YG34	-0.12	-0.12	-0.51		-0.17	-0.28	0.1	L1YG34
U2ST34	0.73	0.84	0.66	-0.17		0.8	0.1	U2ST34
M2RV34	0.45	0.88	0.77	-0.28	0.8		0.04	M2RV34
MUTC34	0.0	-0.1	0.2	0.1	0.1	0.04		MUTC34
	VERZ34	H1IG34	T1MU34	L1YG34	U2ST34	M2RV34	MUTC34

Click cells to compare fundamentals

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High positive correlations

M2RV34	+ 0.88	H1IG34
U2ST34	+ 0.84	H1IG34
M2RV34	+ 0.8	U2ST34
M2RV34	+ 0.77	T1MU34
U2ST34	+ 0.73	VERZ34
U2ST34	+ 0.66	T1MU34

High negative correlations

L1YG34	- 0.51	T1MU34
M2RV34	- 0.28	L1YG34
U2ST34	- 0.17	L1YG34
L1YG34	- 0.12	H1IG34
L1YG34	- 0.12	VERZ34
MUTC34	- 0.1	H1IG34

Risk-Adjusted Indicators

There is a big difference between Nucor Stock performing well and Nucor Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nucor's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VERZ34	1.14	0.05	0.02	(0.59)	1.64	(1.17)	2.49	(3.11)	7.22
H1IG34	0.01	0.00	0.00	(0.64)	0.00	0.00	0.00	0.00	0.40
T1MU34	1.08	0.31	0.14	(1.11)	1.48	(1.15)	2.58	(1.66)	9.58
L1YG34	1.46	(0.03)	0.00	0.19	0.00	0.00	2.71	(2.19)	11.51
U2ST34	3.23	0.36	0.10	0.77	3.19	(3.92)	8.32	(5.84)	22.58
M2RV34	2.68	1.03	0.30	(0.77)	2.47	(3.03)	5.72	(3.34)	34.10
MUTC34	2.70	(0.07)	0.00	0.08	0.00	0.00	4.66	(5.83)	22.70

Unable to evaluate fundamental data of [VERZ34.SA, H1IG34.SA, T1MU34.SA, L1YG34.SA, U2ST34.SA, M2RV34.SA, MUTC34.SA] at this time. Please try again later

All Fundamental Data

Nucor Competitive Analysis

The better you understand Nucor competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nucor's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nucor's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	N1UE34	VERZ34	H1IG34	T1MU34	L1YG34	U2ST34	M2RV34	MUTC34
	1.44 58.03 Nucor	1.77 40.44 Verizon	0.00 519.80 Hartford	4.39 646.22 T1MU34	0.18 16.79 Lloyds	2.86 7.54 Unity	0.1 73.15 Marvell	10.66 101.50 Micron
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Not too volatile	Slightly risky	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	OK	Good	Very Weak	OK	Solid	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Unknown	Low	Low	Low	Unknown	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Cautious Hold	Hold	Strong Sell	Hold	Strong Sell	Strong Sell
Current Ratio	3.10 X	0.89 X		0.94 X	N/A	4.10 X		3.18 X
Net Asset	N/A	379.68 B		206.56 B	886.52 B	4.84 B		66.28 B
Profit Margin	19.93 %	0.16 %		0.03 %	0.27 %	(0.63) %		0.23 %
EBITDA	12.87 B	48.98 B		23.1 B	N/A	(465.53 M)		16.88 B
Operating Margin	27.37 %	0.21 %		0.16 %	0.49 %	(0.60) %		0.25 %
Current Valuation	186.52 B	1.74 T		1.49 T	N/A	70.09 B		305.76 B
Price To Book	9.85 X	1.79 X		2.54 X	2.67 X	5.94 X		1.19 X
Five Year Return	N/A	4.16 %		N/A	N/A	N/A		N/A
Beta	1.45	0.35		0.56	1.23	2.14		1.34
Number Of Employees	28.8 K	117.1 K		10	57.95 K	5.25 K		49 K
Shares Outstanding	257 M	25.2 B		2.47 B	67.41 B	8.06 B		6.55 B
Cash Flow From Operations	10.15 B	37.14 B		13.92 B	(16.94 B)	(111.45 M)		15.18 B
Annual Yield	N/A	0.06 %		N/A	0.04 %	N/A		0.01 %
Total Debt	6.71 B	140.68 B		68.57 B	N/A	1.7 B		6.8 B
Return On Equity	55.49	0.25		0.0373	0.09	-0.38		0.13
Z Score	15.6	3.6		7.8	N/A	27.0		30.0
Return On Asset	25.89	0.0475		0.0391	0.005	-0.13		0.0662
Book Value Per Share	68.90 X	3.62 X		28.22 X	2.10 X	0.37 X		7.55 X
Total Asset	N/A	379.68 B		206.56 B	886.52 B	4.84 B		66.28 B
Debt To Equity	0.36 %	2.40 %		1.64 %	N/A	0.07 %		0.18 %
Last Dividend Paid	9.98	2.59		N/A	0.021	N/A		0.45
Shares Owned By Institutions	N/A	0.02 %		N/A	N/A	0.01 %		N/A
Market Capitalization	174.49 B	891.37 B		938.47 B	899.88 B	78.27 B		345.13 B
Price To Earning	3.98 X	12.85 X		57.16 X	N/A	N/A		27.98 X
Price To Earnings To Growth	N/A	5.47 X		0.47 X	N/A	N/A		1.12 X
Price To Sales	4.04 X	6.06 X		11.61 X	48.67 X	50.72 X		9.83 X
Net Income	8.57 B	21.26 B		3.02 B	5.78 B	(532.61 M)		8.69 B
Earnings Per Share	170.60 X	4.46 X		5.40 X	0.35 X	(0.54) X		4.71 X
Revenue	43.15 B	136.84 B		80.12 B	16.32 B	1.11 B		30.76 B
Cash And Equivalents	3.43 B	4.84 B		7.79 B	N/A	1.65 B		7.18 B
Cash Per Share	13.34 X	0.19 X		3.12 X	N/A	0.29 X		6.41 X
Gross Profit	11.05 B	77.7 B		47.56 B	16.96 B	862.33 M		13.9 B
Day Typical Price	58.33	40.6	519.8	645.39	16.87	7.48	73.8	98.24
Accumulation Distribution	0.0151	40.69	N/A	0.28	1.43	628.18	79.36	2746.21
Market Facilitation Index	0.89	6.0E-4	N/A	0.0346	0.0032	1.0E-4	0.0023	6.0E-4
Daily Balance Of Power	(0.96)	(0.75)	0.0	(11.93)	0.1071	0.2727	0.0186	0.7653
Period Momentum Indicator	(0.85)	(0.73)	N/A	(29.70)	0.03	0.21	0.07	9.78
Rate Of Daily Change	0.99	0.98	1.0	0.96	1.0	1.03	1.0	1.11
Day Median Price	58.48	40.69	519.8	644.98	16.91	7.46	74.12	96.61
Price Action Indicator	(0.87)	(0.61)	N/A	(13.60)	(0.11)	0.19	(0.93)	9.78
Coefficient Of Variation	(1,577)	2553.68	812.4	503.83	(7,158)	1155.17	420.73	(4,935)
Mean Deviation	2.07	1.14	0.0119	1.08	1.46	3.23	2.68	2.7
Jensen Alpha	(0.22)	0.0528	(0)	0.3136	(0.03)	0.3568	1.03	(0.07)
Total Risk Alpha	(0.27)	0.0277	(0)	0.2856	(0.07)	0.2971	0.9455	(0.14)
Sortino Ratio	N/A	0.0229	N/A	0.143	N/A	0.1018	0.2982	N/A
Downside Variance	N/A	2.95	N/A	4.34	N/A	11.83	11.22	N/A
Standard Deviation	3.37	1.58	0.0492	1.61	1.95	4.3	4.3	3.68
Kurtosis	8.21	1.04	66.0	4.79	5.41	1.41	11.67	4.25
Potential Upside	3.7	2.49	N/A	2.58	2.71	8.32	5.72	4.66
Treynor Ratio	0.658	(0.59)	(0.64)	(1.11)	0.1886	0.7727	(0.77)	0.0756
Maximum Drawdown	24.98	7.22	0.3998	9.58	11.51	22.58	34.1	22.7
Variance	11.35	2.48	0.0024	2.6	3.8	18.53	18.45	13.52
Market Risk Adjusted Performance	0.668	(0.58)	(0.63)	(1.10)	0.1986	0.7827	(0.76)	0.0856
Risk Adjusted Performance	(0.04)	0.0366	(0.05)	0.166	(0.01)	0.0783	0.2009	(0.01)
Skewness	1.25	(0.67)	8.12	(1.13)	(1.40)	0.8954	2.18	(1.31)
Semi Deviation	N/A	1.64	N/A	1.48	N/A	3.19	2.47	N/A
Information Ratio	(0.07)	0.025	(0.33)	0.1846	(0.03)	0.0814	0.2325	(0.03)
Value At Risk	(4.43)	(3.11)	N/A	(1.66)	(2.19)	(5.84)	(3.34)	(5.83)
Expected Short fall	N/A	(1.17)	N/A	(1.15)	N/A	(3.92)	(3.03)	N/A
Downside Deviation	N/A	1.72	N/A	2.08	N/A	3.44	3.35	N/A
Semi Variance	N/A	2.7	N/A	2.18	N/A	10.18	6.11	N/A

Nucor Competition Performance Charts

Five steps to successful analysis of Nucor Competition

Nucor's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nucor in relation to its competition. Nucor's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Nucor in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nucor's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nucor, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Nucor position

In addition to having Nucor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Nucor Stock

Nucor financial ratios help investors to determine whether Nucor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nucor with respect to the benefits of owning Nucor security.

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