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Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot and cold-rolled sheet steel; plate steel; structural steel comprising wide-flange beams, beam blanks, and sheet piling; and bar steel, such as blooms, billets, concrete reinforcing bar, merchant bar, and special bar quality products. The Steel Products segment offers steel joists and joist girders, steel deck, fabricated concrete reinforcing steel; cold finished steel, steel fasteners, metal building systems, light gauge steel framing, steel grating and expanded metal, and wire and wire mesh products.

Reasons to be bullish on Nucor Corp (NYSE:NUE)

It has consecutively increased dividends for 39 years. The dividend was increased from 36 cents to 36.5 cents.

It has a very strong cash flow and strong balance sheet, which provide it with the flexibility to continue with its growth strategies.

A strong levered free cash flow of 541 million.

It has increased revenue and the size of its operations through smart accusations over the past few years. Management will continue to seek attractive opportunities that are complimentary to its existing strengths.

Over 55% of its steel output is under long-term contracts, which in part should help it steer through this slow economic recovery and allow it to maintain near-term profitability.

Net income has been increasing nicely over the past 3 years. It surged by over $644 million in 2011.

It has a splendid 5 year div growth rate of 22.28%

It is continually looking for innovative ways to improve efficiency and cut down costs. For example, its Castrip technology will lower its cost of production and will lead to meaningful long-term savings. Strip casting allows the molten steel to be cast into a new final shape and thickness with minimal hot or cold rolling, thereby reducing operating costs, energy consumption and allows for the building of smaller-scale plants that can be built economically with the current technology.

It continues to improve its utilization rates; there has been a tremendous improvement in these rates since the 4th quarter of 2010 and management seeks to improve these utilization rates even more in the near future. Operating rates were at 74% for 2011, up from 70% in 2010 and 54% in 2009.

Its cost-cutting strategy appears to be paying off. In 2011 the start-up costs of new facilities was $971million as compared to $174 million in 2010.

Cash flow per share has been trending upwards for the past 3 years and experienced a huge upward move in 2011. It jumped from $2.29 in 2010 to $4.26 in 2011.

Sales have increased from $11 billion in 2009 to $20 billion in 2011.

It has a manageable payout ratio of 73%.

It has a 5 year average ROE of 14.65%.

NUE has a good current ratio of 2.8 and the 5 year average is even better at 3.39.

It also sports a good quick ratio of 1.97.

A good interest coverage ratio of 6.58.

It has a good free cash flow yield of 4.48%.

100K invested for 10 years would have grown to 392K.

As we are going to many key ratios in this article, investors would be best served if they got a handle on some of the following key ratios.

Levered free cash flow is the amount of cash available to stock holders after interest payments on debt are made. A company with a small amount of debt will only have to spend a modest amount of money on interest payments, which in turn means that there is more money to send to shareholders in the form of dividends and vice versa.

Operating cash flow is generally a better metric than earnings per share because a company can show positive net earnings and still not be able to properly service its debt; the cash flow is what pays the bills.

The payout ratio tells us what portion of the profit is being returned to investors. A payout ratio over 100% indicates that the company is paying out more money to shareholders, then they are making; this situation cannot last forever. In general if the company has a high operating cash flow and access to capital markets, they can keep this going on for a while. As companies usually only pay the portion of the debt that is coming due and not the whole debt, this technique/trick can technically be employed to maintain the dividend for sometime. If the payout ratio continues to increase, the situation warrants close monitoring. If your tolerance for risk is a low, look for similar companies with the same or higher yields, but with lower payout ratios. Individuals searching for other ideas might find this article to be of interest: NuStar Energy Vs. Peers As A Long-Term Dividend Play

Debt to Equity Ratio is found by dividing the company's total amount of long-term debt (debts with interest rates that have a maturity longer than one year) by the total amount of equity. A debt to equity ratio of 0.5 tells us that the company is using 50 cents of liabilities in addition to each $1 dollar of shareholders equity in the business. There is no fixed ideal number as it depends on the industry the company is in. However, in general a ratio under 1 is acceptable, and ideally it should be in the 0.5-0.6 range.

Current Ratio is obtained by dividing the current assets by current liabilities. This ratio allows you to see if the company can pay its current debts without potentially jeopardizing their future earnings. Ideally the company should have a ratio of 1 or higher.

Interest coverage is usually calculated by dividing the earnings before interest and taxes for a period of 1 year by the interest expenses for the same time period. This ratio informs you of a company's ability to make its interest payments on its outstanding debt. Lower interest coverage ratios indicate that there is a larger debt burden on the company and vice versa. For example, if a company has an interest ratio of 11.8, this means that it covers interest expenses 11.8 times with operating profits.

Quick ratio or acid test is obtained by adding cash and cash equivalents plus marketable securities and accounts receivable dividing them by current liabilities. It is a measure of a company's ability to use its quick assets (assets that can be sold of immediately at close to book value) to pay off its current liabilities immediately. A company with a quick ratio of less than 1 cannot pay back its current liabilities. Additional key metrics are addressed in this article: Is Potash Corp. Of Saskatchewan A Good Long-Term Dividend Investment?

Company: Nucor Corp

Levered Free Cash Flow = 541.03M

Basic Key ratios

  • Percentage Held by Insiders = 0.38
  • Market Cap ($mil) = 13944
  • Number of Institutional Sellers 12 Weeks = N/A
  • 3 Month % Chg Short Interest = n/a

Growth

  • Net Income ($mil) 12/2011 = 778
  • Net Income ($mil) 12/2010 = 134
  • Net Income ($mil) 12/2009 = -294
  • 12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 480.34
  • Q Net Incm this Q/ same qtr yr ago = 1306.6
  • EBITDA ($mil) 12/2011 = 2008
  • EBITDA ($mil) 12/2010 = 1003
  • EBITDA ($mil) 12/2009 = 287
  • Net Incm Rpt Qtr ($mil) = 137
  • Anl Net Incm this Yr/ Net Incm last Yr = 480.34
  • Cash Flow ($/sh) 12/2011 = 4.26
  • Cash Flow ($/sh) 12/2010 = 2.29
  • Cash Flow ($/sh) 12/2009 = 0.88
  • Div 5yr Growth 12/2011 = 22.28
  • Sales ($mil) 12/2011 = 20024
  • Sales ($mil) 12/2010 = 15845
  • Sales ($mil) 12/2009 = 11190

Dividend history

  • Div Yield = 3.32
  • Div Yld 5 Yr Avg 12/2011 = 2.74
  • Div Yld 5 Yr Avg 09/2011 = 2.59
  • Annual Dividend 12/2011 = 1.45
  • Annual Dividend 12/2010 = 1.44
  • Forward Yield = 3.32
  • Div 5yr Growth 12/2011 = 22.28
  • R-squared Div Growth 12/2011 = 0.49
  • R-squared Div Growth 09/2011 = 0.58

Dividend sustainability

  • Payout Ratio 09/2011 = 0.73
  • Payout Ratio 06/2011 = 0.97
  • Payout Ratio 5 Yr Avg 12/2011 = 0.89
  • Payout Ratio 5 Yr Avg 09/2011 = 0.86
  • Payout Ratio 5 Yr Avg 06/2011 = 0.82
  • Change in Payout Ratio = -0.28

Performance

  • % Ch Price 52 Wks Rel to S&P 500 = -10.07
  • Std Dev Target Price Est = 3.25
  • Avg EPS Surprise Last 4 Qtr = 24.57
  • EPS % Change F2/F1 = 32.16
  • Next 3-5 Yr Est EPS Gr rate = 6.67
  • Std Dev 3-5 Yr Est EPS Gr rate = 4.73
  • EPS Gr Q(1)/Q(-3) = 19-150.00
  • 5 Yr Hist EPS Gr 12/2011 = -35.97
  • 5 Yr Hist EPS Gr 09/2011 = -39.33
  • ROE 5 Yr Avg 12/2011 = 14.65
  • ROE 5 Yr Avg 09/2011 = 16.03
  • ROE 5 Yr Avg 06/2011 = 17.47
  • Return on Investment 12/2011 = 6.51
  • Return on Investment 09/2011 = 5.42
  • Return on Investment 06/2011 = 4.12
  • Debt/Tot Cap 5 Yr Avg 12/2011 = 29.5
  • Debt/Tot Cap 5 Yr Avg 09/2011 = 28.87
  • Debt/Tot Cap 5 Yr Avg 06/2011 = 28.14
  • Current Ratio 12/2011 = 2.8
  • Current Ratio 09/2011 = 2.92
  • Current Ratio 06/2011 = 3.35
  • Curr Ratio 5 Yr Avg = 3.39
  • Quick Ratio = 1.97
  • Cash Ratio = 1.26
  • Interest Coverage 12/2011 = 6.58
  • Interest Coverage 09/2011 = 8.07
  • Interest Coverage 06/2011 = 12.05

Valuation

  • Book Value Qtr ($/sh) 12/2011 = 24.33
  • Book Value Qtr ($/sh) 09/2011 = 24.26
  • Book Value Qtr ($/sh) 06/2011 = 24.28
  • Anl EPS before NRI 12/2007 = 4.94
  • Anl EPS before NRI 12/2008 = 5.98
  • Anl EPS before NRI 12/2009 = -0.93
  • Anl EPS before NRI 12/2010 = 0.44
  • Anl EPS before NRI 12/2011 = 2.39
  • Price/ Book = 1.81
  • Price/ Cash Flow = 10.33
  • Price/ Sales = 0.7
  • EV/EBITDA 12 Mo = 7.48
  • P/E/G F1 = 2.07
  • Q1 Std Dev/ Consensus = 0.17
  • R-squared EPS Growth 12/2011 = 0.55
  • R-squared EPS Growth 09/2011 = 0.65
  • P/E F1/ LT EPS Gr = 2.07
  • Std Dev Cons Current Qtr = 0.12
  • Median Est Next Qtr = 0.87
  • # Anlst in Cons Q3 = 10

Other companies of interest

Company: Pepco Holdings (NYSE:POM)

Levered Free Cash Flow = -58.00M

Basic Key ratios

  • Percentage Held by Insiders = 0.27
  • Market Cap ($mil) = 4430
  • Number of Institutional Sellers 12 Weeks = N/A
  • 3 Month % Chg Short Interest = n/a

Growth

  • Net Income ($mil) 12/2011 = 257
  • Net Income ($mil) 12/2010 = 32
  • Net Income ($mil) 12/2009 = 235
  • 12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 703.13
  • Q Net Incm this Q/ same qtr yr ago = -42.42
  • EBITDA ($mil) 12/2011 = N/A
  • EBITDA ($mil) 12/2010 = 849
  • EBITDA ($mil) 12/2009 = 1016
  • Net Incm Rpt Qtr ($mil) = 19
  • Anl Net Incm this Yr/ Net Incm last Yr = 703.13
  • Cash Flow ($/sh) 12/2011 = 3.12
  • Cash Flow ($/sh) 12/2010 = 2.98
  • Cash Flow ($/sh) 12/2009 = 2.49
  • Div 5yr Growth 12/2011 = 0.73
  • Sales ($mil) 12/2011 = 5920
  • Sales ($mil) 12/2010 = 7039
  • Sales ($mil) 12/2009 = 9259

Dividend history

  • Div Yield = 5.53
  • Div Yld 5 Yr Avg 12/2011 = 5.54
  • Div Yld 5 Yr Avg 09/2011 = 5.47
  • Annual Dividend 12/2011 = 1.08
  • Annual Dividend 12/2010 = 1.08
  • Forward Yield = 5.53
  • Div 5yr Growth 12/2011 = 0.73
  • R-squared Div Growth 12/2011 = 0.48
  • R-squared Div Growth 09/2011 = 0.56

Dividend sustainability

  • Payout Ratio 09/2011 = 0.84
  • Payout Ratio 06/2011 = 0.74
  • Payout Ratio 5 Yr Avg 12/2011 = 0.81
  • Payout Ratio 5 Yr Avg 09/2011 = 0.81
  • Payout Ratio 5 Yr Avg 06/2011 = 0.8
  • Change in Payout Ratio = 0.1

Performance

  • % Ch Price 52 Wks Rel to S&P 500 = 0.07
  • Std Dev Target Price Est = 1.2
  • Avg EPS Surprise Last 4 Qtr = 9.8
  • EPS % Change F2/F1 = 2.33
  • Next 3-5 Yr Est EPS Gr rate = 4
  • Std Dev 3-5 Yr Est EPS Gr rate = 0.82
  • EPS Gr Q(1)/Q(-3) = 140
  • 5 Yr Hist EPS Gr 12/2011 = -6.31
  • 5 Yr Hist EPS Gr 09/2011 = -5.48
  • ROE 5 Yr Avg 12/2011 = 7.13
  • ROE 5 Yr Avg 09/2011 = 7.18
  • ROE 5 Yr Avg 06/2011 = 7.19
  • Return on Investment 12/2011 = 3.2
  • Return on Investment 09/2011 = 3.48
  • Return on Investment 06/2011 = 3.94
  • Debt/Tot Cap 5 Yr Avg 12/2011 = 52.61
  • Debt/Tot Cap 5 Yr Avg 09/2011 = 52.9
  • Debt/Tot Cap 5 Yr Avg 06/2011 = 53.14
  • Current Ratio 12/2011 = 0.77
  • Current Ratio 09/2011 = 0.96
  • Current Ratio 06/2011 = 0.96
  • Curr Ratio 5 Yr Avg = 0.94
  • Quick Ratio = 0.7
  • Cash Ratio = 0.2
  • Interest Coverage 12/2011 = 1.45
  • Interest Coverage 09/2011 = 3.11
  • Interest Coverage 06/2011 = 3.37

Valuation

  • Book Value Qtr ($/sh) 12/2011 = 19.11
  • Book Value Qtr ($/sh) 09/2011 = 19.25
  • Book Value Qtr ($/sh) 06/2011 = 19.12
  • Anl EPS before NRI 12/2007 = 1.53
  • Anl EPS before NRI 12/2008 = 1.93
  • Anl EPS before NRI 12/2009 = 0.91
  • Anl EPS before NRI 12/2010 = 1.24
  • Anl EPS before NRI 12/2011 = 1.25
  • Price/ Book = 1.02
  • Price/ Cash Flow = 6.25
  • Price/ Sales = 0.75
  • EV/EBITDA 12 Mo = 10
  • P/E/G F1 = 3.87
  • Q1 Std Dev/ Consensus = 0.03
  • R-squared EPS Growth 12/2011 = 0.17
  • R-squared EPS Growth 09/2011 = 0.13
  • P/E F1/ LT EPS Gr = 3.87
  • Std Dev Cons Current Qtr = 0.01
  • Median Est Next Qtr = 0.39
  • # Anlst in Cons Q3 = 2

Company: Alliancebernstn (NYSE:AB)

Free Cash Flow = $145.6 million

Basic Key ratios

  • Percentage Held by Insiders = 3.4
  • Market Cap ($mil) = 1471
  • Number of Institutional Sellers 12 Weeks = N/A
  • 3 Month % Chg Short Interest = n/a

Growth

  • Net Income ($mil) 12/2011 = -175

  • Net Income ($mil) 12/2010 = 442

  • Net Income ($mil) 12/2009 = 556

  • 12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = -54.16

  • Q Net Incm this Q/ same qtr yr ago = -560.77

  • EBITDA ($mil) 12/2011 = 389

  • EBITDA ($mil) 12/2010 = 719

  • EBITDA ($mil) 12/2009 = 839

  • Net Incm Rpt Qtr ($mil) = -199

  • Anl Net Incm this Yr/ Net Incm last Yr = -139.5

  • Cash Flow ($/sh) 12/2011 = 6.78

  • Cash Flow ($/sh) 12/2010 = 4.09

  • Cash Flow ($/sh) 12/2009 = 4.09

  • Div 5yr Growth 12/2011 = -28.64

  • Sales ($mil) 12/2011 = 2750

  • Sales ($mil) 12/2010 = 2949

  • Sales ($mil) 12/2009 = 2907

Dividend history

  • Div Yield = 3.43
  • Div Yld 5 Yr Avg 12/2011 = 6.71
  • Div Yld 5 Yr Avg 09/2011 = 6.52
  • Annual Dividend 12/2011 = 1.44
  • Annual Dividend 12/2010 = 1.51
  • Forward Yield = 3.43
  • Div 5yr Growth 12/2011 = -28.64
  • R-squared Div Growth 12/2011 = 0.41
  • R-squared Div Growth 09/2011 = 0.4

Dividend sustainability

  • Payout Ratio 09/2011 = 0.92
  • Payout Ratio 06/2011 = 1.09
  • Payout Ratio 5 Yr Avg 12/2011 = 0.92
  • Payout Ratio 5 Yr Avg 09/2011 = 0.92
  • Payout Ratio 5 Yr Avg 06/2011 = 0.92
  • Change in Payout Ratio = 0

Performance

  • % Ch Price 52 Wks Rel to S&P 500 = -40.67
  • Std Dev Target Price Est = 2.5
  • Avg EPS Surprise Last 4 Qtr = -17.02
  • EPS % Change F2/F1 = 13.46
  • Next 3-5 Yr Est EPS Gr rate = 6.25
  • Std Dev 3-5 Yr Est EPS Gr rate = 2.48
  • EPS Gr Q(1)/Q(-3) = 183.33
  • 5 Yr Hist EPS Gr 12/2011 = -25.5
  • 5 Yr Hist EPS Gr 09/2011 = -24.25
  • ROE 5 Yr Avg 12/2011 = 12.62
  • ROE 5 Yr Avg 09/2011 = 13.52
  • ROE 5 Yr Avg 06/2011 = 14.27
  • Return on Investment 12/2011 = 7.63
  • Return on Investment 09/2011 = 8.31
  • Return on Investment 06/2011 = 7.04
  • Debt/Tot Cap 5 Yr Avg 12/2011 = 7.46
  • Debt/Tot Cap 5 Yr Avg 09/2011 = 7.35
  • Debt/Tot Cap 5 Yr Avg 06/2011 = 7.38
  • Current Ratio 12/2011 = 1.01
  • Current Ratio 09/2011 = 1.02
  • Current Ratio 06/2011 = 1.07
  • Curr Ratio 5 Yr Avg = 1.08
  • Quick Ratio = 1.01
  • Cash Ratio = 0.59
  • Interest Coverage 12/2011 = N/A
  • Interest Coverage 09/2011 = 128.39
  • Interest Coverage 06/2011 = 190.54

Valuation

  • Book Value Qtr ($/sh) 12/2011 = 38.24
  • Book Value Qtr ($/sh) 09/2011 = 41.58
  • Book Value Qtr ($/sh) 06/2011 = 42.14
  • Anl EPS before NRI 12/2007 = 4.32
  • Anl EPS before NRI 12/2008 = 2.68
  • Anl EPS before NRI 12/2009 = 1.8
  • Anl EPS before NRI 12/2010 = 1.61
  • Anl EPS before NRI 12/2011 = 1.14
  • Price/ Book = 0.37
  • Price/ Cash Flow = 2.06
  • Price/ Sales = 0.54
  • EV/EBITDA 12 Mo = -0.01
  • P/E/G F1 = 2.17
  • Q1 Std Dev/ Consensus = 0.11
  • R-squared EPS Growth 12/2011 = 0.81
  • R-squared EPS Growth 09/2011 = 0.79
  • P/E F1/ LT EPS Gr = 2.17
  • Std Dev Cons Current Qtr = 0.03
  • Median Est Next Qtr = 0.26
  • # Anlst in Cons Q3 = 6

Company: Firstenergy Cp (NYSE:FE)

  • Levered Free Cash Flow = 1.21B
  • Basic Key ratios
  • Percentage Held by Insiders = 0.46
  • Market Cap ($mil) = 18322
  • Number of Institutional Sellers 12 Weeks = 1
  • 3 Month % Chg Short Interest = n/a

Growth

  • Net Income ($mil) 12/2011 = N/A
  • Net Income ($mil) 12/2010 = 784
  • Net Income ($mil) 12/2009 = 1006
  • 12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 4.97
  • Q Net Incm this Q/ same qtr yr ago = -47.03
  • EBITDA ($mil) 12/2011 = N/A
  • EBITDA ($mil) 12/2010 = 3723
  • EBITDA ($mil) 12/2009 = 4232
  • Net Incm Rpt Qtr ($mil) = 98
  • Anl Net Incm this Yr/ Net Incm last Yr = -22.07
  • Cash Flow ($/sh) 12/2011 = N/A
  • Cash Flow ($/sh) 12/2010 = 8.98
  • Cash Flow ($/sh) 12/2009 = 10.38
  • Div 5yr Growth 12/2011 = 1.85
  • Sales ($mil) 12/2011 = 16258
  • Sales ($mil) 12/2010 = 13339
  • Sales ($mil) 12/2009 = 12967

Dividend history

  • Div Yield = 5.02
  • Div Yld 5 Yr Avg 12/2011 = 4.51
  • Div Yld 5 Yr Avg 09/2011 = 4.42
  • Annual Dividend 12/2011 = 2.2
  • Annual Dividend 12/2010 = 2.2
  • Forward Yield = 5.02
  • Div 5yr Growth 12/2011 = 1.85
  • R-squared Div Growth 12/2011 = 0.48
  • R-squared Div Growth 09/2011 = 0.53

Dividend sustainability

  • Payout Ratio 09/2011 = 0.65
  • Payout Ratio 06/2011 = 0.67
  • Payout Ratio 5 Yr Avg 12/2011 = 0.55
  • Payout Ratio 5 Yr Avg 09/2011 = 0.55
  • Payout Ratio 5 Yr Avg 06/2011 = 0.54
  • Change in Payout Ratio = 0.1

Performance

  • % Ch Price 52 Wks Rel to S&P 500 = 11.01
  • Std Dev Target Price Est = 3.38
  • Avg EPS Surprise Last 4 Qtr = -2.24
  • EPS % Change F2/F1 = -6.16
  • Next 3-5 Yr Est EPS Gr rate = 1
  • Std Dev 3-5 Yr Est EPS Gr rate = N/A
  • EPS Gr Q(1)/Q(-3) = -108.45
  • 5 Yr Hist EPS Gr 12/2011 = N/A
  • 5 Yr Hist EPS Gr 09/2011 = -4.59
  • ROE 5 Yr Avg 12/2011 = 13.67
  • ROE 5 Yr Avg 09/2011 = 13.67
  • ROE 5 Yr Avg 06/2011 = 13.8
  • Return on Investment 12/2011 = N/A
  • Return on Investment 09/2011 = 4.6
  • Return on Investment 06/2011 = 4.29
  • Debt/Tot Cap 5 Yr Avg 12/2011 = 54.04
  • Debt/Tot Cap 5 Yr Avg 09/2011 = 53.77
  • Debt/Tot Cap 5 Yr Avg 06/2011 = 53.47
  • Current Ratio 12/2011 = N/A
  • Current Ratio 09/2011 = 0.74
  • Current Ratio 06/2011 = 0.74
  • Curr Ratio 5 Yr Avg = 0.56
  • Quick Ratio = 0.65
  • Cash Ratio = 0.32
  • Interest Coverage 12/2011 = N/A
  • Interest Coverage 09/2011 = 4.07
  • Interest Coverage 06/2011 = 2.03

Valuation

  • Book Value Qtr ($/sh) 12/2011 = N/A
  • Book Value Qtr ($/sh) 09/2011 = 31.12
  • Book Value Qtr ($/sh) 06/2011 = 30.97
  • Anl EPS before NRI 12/2007 = 4.2
  • Anl EPS before NRI 12/2008 = 4.43
  • Anl EPS before NRI 12/2009 = 3.75
  • Anl EPS before NRI 12/2010 = 3.62
  • Anl EPS before NRI 12/2011 = 3.62
  • Price/ Book = 1.41
  • Price/ Cash Flow = 4.88
  • Price/ Sales = 1.13
  • EV/EBITDA 12 Mo = 9.09
  • P/E/G F1 = 12.87
  • Q1 Std Dev/ Consensus = 0.11
  • R-squared EPS Growth 12/2011 = N/A
  • R-squared EPS Growth 09/2011 = 0.49
  • P/E F1/ LT EPS Gr = 12.87
  • Std Dev Cons Current Qtr = 0.09
  • Median Est Next Qtr = 0.63
  • # Anlst in Cons Q3 = 4
  • Company: Ship Fin Intl (NYSE:SFL)
  • Levered Free Cash Flow = -168.95M

Basic Key ratios

  • Percentage Held by Insiders = N/A
  • Market Cap ($mil) = 1072
  • Number of Institutional Sellers 12 Weeks = N/A
  • 3 Month % Chg Short Interest = n/a

Growth

  • Net Income ($mil) 12/2011 = 131
  • Net Income ($mil) 12/2010 = 166
  • Net Income ($mil) 12/2009 = 193
  • 12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = -20.86
  • Q Net Incm this Q/ same qtr yr ago = -1.19
  • EBITDA ($mil) 12/2011 = N/A
  • EBITDA ($mil) 12/2010 = 303
  • EBITDA ($mil) 12/2009 = 345
  • Net Incm Rpt Qtr ($mil) = 30
  • Anl Net Incm this Yr/ Net Incm last Yr = -20.84
  • Cash Flow ($/sh) 12/2011 = 2.39
  • Cash Flow ($/sh) 12/2010 = 2.52
  • Cash Flow ($/sh) 12/2009 = 2.52
  • Div 5yr Growth 12/2011 = -10.88
  • Sales ($mil) 12/2011 = 295
  • Sales ($mil) 12/2010 = 308
  • Sales ($mil) 12/2009 = 345

Dividend history

  • Div Yield = 11.51
  • Div Yld 5 Yr Avg 12/2011 = 9.86
  • Div Yld 5 Yr Avg 09/2011 = 9.55
  • Annual Dividend 12/2011 = 1.55
  • Annual Dividend 12/2010 = 1.34
  • Forward Yield = 8.86
  • Div 5yr Growth 12/2011 = -10.88
  • R-squared Div Growth 12/2011 = 0.4
  • R-squared Div Growth 09/2011 = 0.44

Dividend sustainability

  • Payout Ratio 09/2011 = 0.89
  • Payout Ratio 06/2011 = 0.86
  • Payout Ratio 5 Yr Avg 12/2011 = 0.77
  • Payout Ratio 5 Yr Avg 09/2011 = 0.77
  • Payout Ratio 5 Yr Avg 06/2011 = 0.75
  • Change in Payout Ratio = 0.16

Performance

  • % Ch Price 52 Wks Rel to S&P 500 = -37.01
  • Std Dev Target Price Est = 1.41
  • Avg EPS Surprise Last 4 Qtr = -4.52
  • EPS % Change F2/F1 = -1.65
  • Next 3-5 Yr Est EPS Gr rate = N/A
  • Std Dev 3-5 Yr Est EPS Gr rate = N/A
  • EPS Gr Q(1)/Q(-3) = 116.33
  • 5 Yr Hist EPS Gr 12/2011 = -4.11
  • 5 Yr Hist EPS Gr 09/2011 = -2.7
  • ROE 5 Yr Avg 12/2011 = 27.78
  • ROE 5 Yr Avg 09/2011 = 28.59
  • ROE 5 Yr Avg 06/2011 = 29.61
  • Return on Investment 12/2011 = 4.92
  • Return on Investment 09/2011 = 5.18
  • Return on Investment 06/2011 = 5.47
  • Debt/Tot Cap 5 Yr Avg 12/2011 = 72.91
  • Debt/Tot Cap 5 Yr Avg 09/2011 = 73.32
  • Debt/Tot Cap 5 Yr Avg 06/2011 = 73.6
  • Current Ratio 12/2011 = 1.11
  • Current Ratio 09/2011 = 1
  • Current Ratio 06/2011 = 1.12
  • Curr Ratio 5 Yr Avg = 1.09
  • Quick Ratio = 1.11
  • Cash Ratio = 1.11
  • Interest Coverage 12/2011 = 2.44
  • Interest Coverage 09/2011 = 2.07
  • Interest Coverage 06/2011 = 2.66

Valuation

  • Book Value Qtr ($/sh) 12/2011 = 10.83
  • Book Value Qtr ($/sh) 09/2011 = 10.61
  • Book Value Qtr ($/sh) 06/2011 = 10.84
  • Anl EPS before NRI 12/2007 = 1.67
  • Anl EPS before NRI 12/2008 = 2.5
  • Anl EPS before NRI 12/2009 = 2.62
  • Anl EPS before NRI 12/2010 = 2.06
  • Anl EPS before NRI 12/2011 = 1.67
  • Price/ Book = 1.25
  • Price/ Cash Flow = 5.67
  • Price/ Sales = 3.63
  • EV/EBITDA 12 Mo = 9.02
  • P/E/G F1 = N/A
  • Q1 Std Dev/ Consensus = 0.13
  • R-squared EPS Growth 12/2011 = 0.08
  • R-squared EPS Growth 09/2011 = 0.04
  • P/E F1/ LT EPS Gr = N/A
  • Std Dev Cons Current Qtr = 0.04
  • Median Est Next Qtr = 0.29
  • # Anlst in Cons Q3 = 2

Conclusion

The markets are extremely overbought in the short term time frames, and though they have stubbornly refused to pull back so far, investors should not be lulled into thinking that the markets can trend in one direction only. In our view, the markets are looking for an excuse to mount a strong correction. Long-term investors would be wise to wait for a strong pullback before committing large sums of money to this market.

Earning vs. expectation charts sourced from smartmoney.com. EPS and EPS surprise charts sourced from zacks.com.Dividend history charts sourced from dividata.com.

DIsclaimer: This list of stocks is meant to serve as a starting point. Please do not treat this as a buying list. It is imperative that you do your due diligence and then determine if any of the above plays meet with your risk tolerance levels. The Latin maxim caveat emptor applies -- let the buyer beware.

Source: Nucor: A Good Long-Term Dividend Play?