Discounted Cash Flow

Nucor Corp.

NUE · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $16.2b $796.3m $1.1b 4.9% $2.48
2017 $20.3b (25.0%) $1.3b (65.6%) $1.0b (-7.9%) 6.5% (32.5%) $4.11 (65.7%)
2018 $25.1b (23.8%) $2.4b (79.0%) $1.4b (41.0%) 9.4% (44.6%) $7.44 (81.0%)
2019 $22.6b (-9.9%) $1.3b (-46.2%) $2.4b (73.0%) 5.6% (-40.2%) $4.14 (-44.4%)
2020 $20.1b (-10.8%) $721.5m (-43.2%) $2.2b (-9.6%) 3.6% (-36.3%) $2.37 (-42.8%)
2021 $36.5b (81.2%) $6.8b (846.3%) $5.7b (159.8%) 18.7% (422.4%) $23.23 (880.2%)
2022 $41.5b (13.8%) $7.6b (11.4%) $9.2b (59.6%) 18.3% (-2.1%) $28.88 (24.3%)
2023 $34.7b (-16.4%) $4.5b (-40.5%) $5.6b (-38.4%) 13.0% (-28.9%) $18.05 (-37.5%)
2024 $30.7b (-11.5%) $2.0b (-55.2%) $2.7b (-52.4%) 6.6% (-49.4%) $8.47 (-53.1%)
2025 $32.5b (5.7%) $1.7b (-14.0%) $2.2b (-16.2%) 5.4% (-18.6%) $7.53 (-11.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model